08:00 to 09:00

09:00 to 09:05

Moderator’s Opening Remarks

Safder Jaffer
Senior Consulting Actuary
Milliman Dubai

09:05 to 09:25

Session 6: Keyote Address: Effective Regulatory Initiatives
to Strengthen Industry Foundations

Speaker:
Ian Johnston
Deputy Chief Executive and Managing Director
Dubai Financial Services Authority (DFSA)

Key Discussion Points:

• Lessons from the global economic crisis
• Key elements for prudential regulation
• Risk management and disclosure imperatives for Takaful operators
  
• Addressing solvency frameworks for the Takaful industry

09:25 to 10:10

10:10 to 10:45

Session 8: Managing the Aftermath of the Crisis: New Investment Strategies and Asset Management Approaches for Takaful Operators

Session Chair:
Sivam Subramaniam
Editor-In-Chief
MiddleEast Insurance Review & Asia Insurance Review

Speakers:
Index-Based Investment Products that will Help Drive Takaful Growth
Tariq Al Rifai
Director - Islamic Market Indexes
Dow Jones Indexes

Key Discussion Points:

• How have the investment strategies of Takaful operators changed after the turmoil in the international financial markets?
• Towards achieving a balanced portfolio: Finding Shari’ah-compliant investments that are also efficient
• Exploring assets beyond the regional equity and real estate markets
• What should be the key elements of a post-crisis investment strategy for Takaful players?

10:45 to 11:15

Refreshment Break & Networking at the World Takaful Exhibition

11:15 to 12:00

Session 9:The Shari’ah & Business Open Forum: Enabling Consistency and Innovation for the Takaful Industry

Session Chair:
Dr. Ludwig Stiftl
Head of Center of Competence for Retakaful
Munich Re

Panelists:
Sheikh Dr. Mohd Daud Bakar
Member of Fatwa and Shari’a Supervisory Board
NOOR TAKAFUL

Mannan Mansoor
Heads the Central Shariah Group
HSBC Amanah, Dubai

Dr. Yunus Soualhi
Professor and Deputy Dean at the Faculty of Islamic Banking and Finance, International Islamic University of Malaysia
and Member of Shari'a Board at Munich Re Retakaful

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

12:00 to 12:15

Session 10: Boosting Distribution Reach: Leveraging Bancassurance
as a Key Growth Platform

Speaker:
Sohail Jaffer
Partner and Head of International Business Development
FWU Group

Key Discussion Points:

• Integrating Takaful within the Bancassurance model:
  Can a powerful distribution channel be created?
• Overcoming regulatory challenges to BancTakaful
• Where is the strategic fit and how effective can BancTakaful be?
• Making cross-selling work effectively

12:15 to 13:00

Session 11: Country Focus Roundtable: Exploring New International Growth Markets for Takaful

A Roundtable debate featuring a panel of international experts representing exciting new growth markets for Islamic insurance services, with a special focus on: Saudi Arabia, Malaysia, UAE, Ireland, and Italy.

Session Chair:
Saleem Symallin
Chief Executive Officer
Mashura Financial Services (Pty) Ltd

Panelists:
Dr. Alberto Brugnoni
Chairman of the Board
ASSAIF

Ismail Mahbob
President & Chief Executive Officer
MNRB Retakaful

P.Ahmed
Chief Executive Officer
Pak-Qatar Family Takaful Limited

Debo Ajayi
Managing Director
Milliman Dubai

Sandra Dawson
Tax Director – EMEIA Financial Services,
Ernst & Young

Key Discussion Points:

• 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?
  

13:00

13:05 to 15:00

15:00