Conference Day 2: Tuesday 17th April 2012

08.00 to 09.00
Morning Refreshments
09.00 to 09.05
Moderator’s Opening Remarks

Moderator:
Safder Jaffer
Managing Director & Consulting Actuary - Middle East & Africa
Milliman

09.05 to 09.20
Session 9: Opening Address: Establishing Best Practices and Regulatory Initiatives to Strengthen Foundations in the Global Takaful Industry

Speaker:
Peter Casey
Senior Director Policy and Strategy, Head of Islamic Finance
Dubai Financial Services Authority (DFSA)

09.20 to 10.10
Session 10: Effectively Managing Critical Business Risks and Capital Adequacy Challenges for the Takaful Industry: Legal, Governance and Transparency Priorities

Speakers:
Ajmal Bhatty
President & Chief Executive Officer
Tokio Marine Middle East Limited

Peter Hodgins
Partner – Insurance / Islamic Insurance (Takaful)
Clyde & Co

Key Discussion Points:
  • What are the new risk management imperatives for Takaful operators?
  • Addressing strategic, financial, operational and compliance risks facing Takaful players
  • Assessing capital adequacy issues for Takaful operators
  • The role of ratings and assessing the ratings process for Takaful / Re-Takaful companies

10.10 to 11.00
Session 11: Interactive Roundtable Debate: Market Penetration and Boosting Distribution Reach: Effectively Leveraging Agents, Brokers and Bancassurance Channels as a Key Growth Platform

Panelists:
Shahril Azuar Jimin
Chief Executive Officer
Etiqa Takaful Berhad

Manfred Maske
Managing Director
Legal & General Gulf Takaful


Peter Hodgins
Partner – Insurance / Islamic Insurance (Takaful)
Clyde & Co

Key Discussion Points:
  • Optimising distribution channels to maximize customer reach
  • Innovative sales and marketing initiatives to powerfully reach key markets
  • Insights into how leading players are leveraging a strong agency force
  • Integrating Takaful within the Bancassurance model: Can a powerful distribution channel be created?
  • Making cross-selling work effectively

11.00 to 11.30
Viewing of the World Takaful Exhibition & Refreshment Break

11.30 to 12.10
Session 12: The Shari’ah & Business Open Forum: Balancing Standardisation and  Innovation for the Global Takaful Industry

Panelists:
Dr Hussain Hamed Hassan
Head of the Unified Council of Shariah Boards of Islamic Institutions in UAE

Mufti Muhammed Hassan Kaleem
Shariah Advisor
Takaful Emarat – Insurance

Sirajulhaq (Hilal) Yasini
Global Head of Shariah
HSBC Amanah

Key Discussion Points:
  • Reviewing the Shari’ah framework for Takaful
  • Development of Takaful products - A Shari’ah Perspective
  • Towards consistency of standards in Shari’ah rulings for the Takaful industry

12.10 to 12.40
Session 13: Interactive Debate: Overcoming the Dearth of Shari’ah Compliant Capital Market Instruments: Deepening the Shari’ah Asset
Pool for the Global Takaful Industry


Session Chair:
Rehan Pathan
GCC and Shariah Asset Management Professional

Panelists:
Youssef Al Kareh
Acting General Manager
Solidarity Group

Dr. Sayd Farook
Global Head of Islamic Capital Markets
Thomson Reuters

Nigel Denison
Head of Wealth Management
Bank of London and The Middle East

Key Discussion Points:
  • What can be done to improve the liquidity of Shari’ah compliant assets?
  • Towards achieving a balanced portfolio: Finding Shari’ah-compliant investments that are also efficient

12.40 to 13.25
Session 14: Country Focus Roundtable: New Frontiers - Exploring New High Growth International Markets for Takaful

A Roundtable debate featuring a panel of international experts representing exciting high growth markets for Islamic insurance services.

Panelists:
Dawood Yousef Taylor
Senior Regional Executive - Takaful Middle East
Prudential Corporation Asia

Dr. Alberto Brugnoni
Chairman of the Board
ASSAIF

Dwane Feehely
Insurance Adviser
Labuan IBFC Inc Sdn Bhd

Key Discussion Points
:
  • Which countries are the real future growth drivers of the Takaful industry?
  • What initiatives are underway in key emerging markets for Takaful?
  • Examining the appetite and potential for Takaful in non-Islamic countries
  • What regulatory frameworks are being put in place that will enable industry development?

13.25 to 13.30
Moderator’s Closing Remarks
13.30 to 15.00
Conference Luncheon
15.00
Close of the 7th Annual World Takaful Conference 2012

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