Pre-Conference Workshops: Monday 21st November 2011

08.00 to 09.00
Registrations
09:00 to 09:05
Recitation of the Holy Quran
09.00 to 13.30
Morning Pre-conference Workshop Sessions
11.15 to 11.45
Refreshment & Networking Break

09.00 to 13.30
(Venue: Awal 2)
IIFM Seminar on Hedging and Liquidity Management in Islamic Finance Led by the International Islamic Financial Market (IIFM)
09.05 to 09.15
Welcome Remarks
Khalid Hamad Abdul-Rahman Hamad
Executive Director-Banking Supervision
 Central Bank of Bahrain & IIFM Chairman
09.15 to 10.15
Session 1: Islamic Inter-Bank (Unrestricted) Wakalah – Operational Issues, Standardization & Challenges
  • Management of asset pool & the issue of asset segregation
  • Indicative return vs return on asset pool
  • Impact on shareholders if risk is transferred back to Wakil
  • Regulatory environment & legal challenges
Moderator:
 Lilian Le Falher
Executive Manager – Treasury, FI’s, DCM & Asset Management
Kuwait Finance House-Bahrain

Panelists:
Shaikh Dr. Burhan Arbouna
EVP-Head of Shariah Compliance
Al Salam Bank

Mohamed Bouya
Head-Shariah Research & Innovation
Abu Dhabi Islamic Bank

Mohammed Paracha
Partner, Head of Islamic Finance – Middle East & Africa
Norton Rose Group

Adiwarman Azwar Karim
President Director
Karim Business Consulting

Muhammad Shoaib Ibrahim
Managing Director & CEO
First Habib Modaraba

09.40 to 10.10
Session 2: Trends in Global Sukuk Market
  • Overview and latest developments
  • Sukuk structures and current trends
  • Ownership rights
  • Restructuring & role of SPV’s
  • Capital adequacy treatment (Tier 1 & Tier 2 capital)
  • Standardization requirements in Sukuk
Moderator:
Simon Eedle
Managing Director
Credit Agricole CIB & IIFM Vice Chairman

 Panelist:
Dato Nik Norzrul Thani
Chairman
Zaid Ibrahim & Co

Adiwarman Azwar Karim
President Director
 Karim Business Consulting

Muhammad Shoaib Ibrahim
Managing Director & CEO
First Habib Modaraba

Dr. Ali Adnan Ibrahim
Vice President – Legal Affairs
Al Baraka Banking Group

11.15 to 11.45
Refreshment and Networking Break
11.45 to 12.30
Session 3: Hedging in Islamic Finance - Tahawwut Master Agreement and Beyond
  • Tahawwut Master Agreement to market, regulatory and legal challenges
  • Jurisdictional approaches/regulatory regimes (close-out and netting laws)
  • Islamic hedging products and standardization

Moderator:
 Lilian Le Falher
Executive Manager – Treasury, FI’s, DCM & Asset Management
Kuwait Finance House-Bahrain

Panelists:
Simon Eedle
Managing Director
Credit Agricole CIB & IIFM Vice Chairman

Dr. Peter Werner
Senior Director
International Swaps & Derivatives Association

 Habib Motani
Partner
Clifford Chance LLP

Ali Y. Fardan
General Manager
National Bank of Kuwait

Husam Saif
Head of Treasury & Capital Markets
Khaleeji Commercial Bank
12.30 to 13.15
Session 4: Collateralized Repo in Islamic Finance - Prospects & Challenges
  • Unrestricted and Restricted
  • Asset Management Product or On-Balance Sheet Liquidity Management tool
  • Jurisdictional Approaches/Regulatory Regimes
  • Significance of Operational Process
  • Legal Rulings
Moderator:
 Lilian Le Falher
Executive Manager – Treasury, FI’s, DCM & Asset Management
Kuwait Finance House-Bahrain

Panelists:
Dr. Aznan Hasan
Shari’ah Advisor, International Islamic University
Member of Shari’ah Advisory Council, Bank Negara Malaysia
& Securities Commission

Habib Motani
Partner
Clifford Chance LLP

Ijlal Ahmed Alvi
Chief Executive Officer
IIFM

Mark Pritchard
Head of Islamic Institutional Coverage
National Bank of Abu Dhabi

Belaid Jheengoor
Director, PriceWaterhouseCoopers and
Chairman, Bermuda Government’s Islamic Finance Task Force

13.15 to 13.30
Questions and Closing Remarks
13.30 to 14.30
Pre-Conference Day Luncheon
hosted by International Turnkey Systems

09.00 to 13.00
(Venue: Awal 3)
Islamic Finance. Capturing the Africa Opportunity

Session Led by:
Nader Rahimi
Partner, Assurance and Advisory Business Services
Ernst & Young
11.15 to 11.45
Refreshment & Networking Break

Panelists:
Asad A Ahmed
Chief Executive Officer
Gulf African Bank

Fadi Salim Al Faqih
General Manager
Bank of Khartoum Patrick

Abi Habib
Head of Business Catalyst - Office of the Deputy Chief Executive
Arab Banking Corporation BSC

Key Discussion Points:
  • The current position of Islamic Finance in Africa and key initiatives underway
  • Potential for future growth and key drivers fueling this growth
  • Current challenges for the industry
  • Way forward
13.30 to 14.30
Pre-Conference Day Luncheon
hosted by International Turnkey Systems

Afternoon Parallel Workshop
14.30 to 16.30
Afternoon Pre-conference Workshop Session
(15.15 to 15.45)
Refreshment & Networking Break

14.30 to 16.30
(Venue: Awal 2)
Ratings Workshop
Led by The Islamic International Rating Agency (IIRA)
14.30 to 14.40
Session 1: Introduction of IIRA and its Services

Speaker:
Nasir Ali Merchant
Acting Chief Executive Officer
IIRA
14.40 to 15.00
Session 2: Fiduciary Rating System

- Unveiling a new rating framework for IFIs
– Benefits for investors & regulators

Speaker:
Erum Azher
Manager
JCR-VIS Credit Rating Co Ltd, Pakistan
15.30 to 15.45
Session 3: Fiduciary Rating benefits from a Ratee’s Perspective

Speaker:
Pervez Said
Chief Executive Officer
Burj Bank Ltd Pakistan

(15.15 to 15.45)
Refreshment & Networking Break

15.45 to 16.00
Session 4: Role of Rating in the development of Capital Markets of
Emerging Countries

Speaker:
Anandkumar Jegarasasingam
VP, Head of FI Ratings
Malaysian Rating Corporation Berhad
16.00 to 16.15
Session 5: Promoting Rating Culture in OIC Countries : Lessons Learnt from Emerging Markets

Speaker:
Sobia Maqbool
CFA, Senior Manager
JCR-VIS

16.15 to 16.30
Session 6: Question and Answers
16.30
Close of Pre-Conference Day

Note: Prayer rooms are available throughout the day at the conference venue: Exhibition Hall