3 Annual Asia Islamic Banking Conference - Ogilvy Noor - Islamic

3rd Annual Asia Islamic Banking Conference10-11 July 2012 | Prince Hotel & Residence | Kuala Lumpur | Malaysia

Day 1 | 10th July 2012

8:00 Registration and coffee

8:40 Recital From the Holy Qur‘an

8:50 Welcome by Fleming Gulf

8:55 Opening Remarks from the Chair

9:00 Banking the Next Chapter• CreatingawarenessandprovidingtransactionalaccessibilitytoIslamic

banking customers• ProfitsharinginIslamicbanking• InnovationofnewIslamicfinanceproducts/liquiditymanagement• TradefinancebusinessinIB:complyingshariahprinciples• HowIslamicbankingisgoingtotransformfromadebtbasedindustry

to an equity based industry?Badlisyah Abdul Ghani, CIMB GroupHead of Group Islamic Banking Division

9:40 PANEL: CEO Roundtable• ImplementationofBaselIII• Bankingopportunities–Whatnewavenuesremaineduntapped• TheneedforasupportiveEco-system• RoleofCentralBanksinIslamicBankingandFinanceregulationsModerator:Mudassir Amray, Al Rajhi BankHead of Wholesale BankingPanellists:Badlisyah Abdul Ghani, CIMB GroupHead of Group Islamic Banking Division

Raja Teh Maimunah, Hong Leong Islamic BankManaging Director and Chief Executive Officer

Ahmed Khizer Khan, Burj BankPresident & CEO

10:20 Coffee Break

10:50 Islamic Banking Supervision and Regulation – Perspective Malaysia • Willtherebemoredefined/distinctdivergenceofregulationbetween

conventional and Islamic banking?• Enhancingcrossborderconnectivitythroughfinancialintegration.• TheroleofIslamicfinanceindrivingAsiatobeattheforefrontof

global economic and financial growth.Rustam Mohd. Idris, Bank Negara Malaysia (Central Bank of Malaysia)Deputy Director Islamic Banking and Takaful Department

11:30 Islamic Banking Supervision and Regulation - Perspective Turkey• Willtherebemoredefined/distinctdivergenceofregulationbetween

conventional and Islamic banking?• Enhancingcrossborderconnectivitythroughfinancialintegration.• TheroleofIslamicfinanceindrivingAsiatobeattheforefrontof

global economic and financial growth.Dr. Lokman Gunduz, Central Bank of the Republic of TurkeyBoard Member

12:00 Islamic Finance Structures• DesigningIslamicbankingproductsthatareconsistentwithShari‘ah

objectives (Maqasi Al-Shariah)• Howtostructure-step-by-stepShariahcompliantSukukstructure.• VenturecapitalonMusharakahbasisDr. Ashraf Md Hashim, ISRASenior Researcher and Head of ISRA Consultancy (I-CON)

12:40 Islamic Banking: An Answer to the Global Economic Crisis• TheFreeMarketphenomenon,althoughinherentlythepathto

progression, coupled with excessive deregulation and little oversight has been the primary driver behind the global financial crisis we see today. It has created a trust deficit in the markets; leaving consumers at the mercy of financial institutions

• EuropeanEconomieswhichconsumedblatantly,arefallinglikeapack of cards and substantial wealth generated worldwide over the last two decades has been wiped out. The system has led to massive inequality, even in developed economies, evident from the recent outbreak of riots across global financial capitals.

• IslamicBankingisnotjustabankingsystem,ratheritstrictlypromotesthe free markets’ concept in its purest form allowing risk and reward sharing, and a vibrant mechanism for regulation and oversight

• Itsgrowingpopularityistestamenttothesuccessofthesystemandisthe way forward for the world financial markets.

Ahmed Khizer Khan, Burj BankPresident & CEO

13:20 Lunch

14:30 From Doubt to Devotion: overcoming Islamic finance sceptics and building consumer loyalty to Islamic brandsJohn Goodman, President, Ogilvy NoorPresident, OgilvyAction Asia

14:45 The Customer Paradigm Shift• BringingbackMuslimfundsfromconventionalinvestmentsto

Shari‘ahcompliantinvestments• Movingfromdevelopedtolessdevelopednationslookingfor

investments• Contributingtoequitabledistributionofwealth(Ms) Azdini Nor Azman, Bank Muamalat Malaysia BerhadVP,Treasury and Capital Markets

15:10 Islamic Banking in Digital Economy• DigitalEconomyisabouteBusinessandeCommerce• DigitalEconomyleveragesonelectronicdevices• NewWayofBankingattractsandretaincustomersbyadopting

Digital Economy• DigitalEconomyPlatformprovidesTotalLifecycleValueOpportunity• Toremaincompetitive,IslamicBanking mustparticipate inDigital

Economy gameOthman Abdullah, Islamic Banking, Silverlake GroupManaging Director

16:00 Coffee Break

16:30 Corporate Governance• Principlesoffairness,accountability,responsibilityandtransparency–

the core of ethical financing• Importanceofembracingcorporategovernanceearly• DifferencebetweengovernanceinIslamicbankingandthatof

conventional institutes. • IslamicFrameworksandpractices–thevariationsfromEasttoWest• Significanceinthecurrenteconomiccrisis.Mahmood Shafqat, State Bank of PakistanAdditional Director, Banking Policy & Regulations Department

17:10 Closing Remarks From The Event Chair

17:20 Networking Reception


Day 2 | 11th July 2012

8:30 Registration and Coffee

9:00 Opening Remarks from the Chair

9:15 Opening Keynote: Financial Systems and Sustainable DevelopmentDr. Savas Alpay, Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)Director General

9:45 PANEL: Islamic Banking Leaders; East to West• Asiaseesasteadygrowthwhiletheworldremainsstagnant

• CanthedebtstructureSukukhelpbailingoutGreece?

• Indonesia:LuringMiddleEastInvestments

• Thailand:IslamicFinancetrendsinaNon-IslamicNation

• Japan:Newmarketreinventingthemselves

• India/Bangladesh/Pakistan:Oldnations,Newstrategies

Panellists:

Dato’ Mohd Effendi Abdullah, AmInvestment Bank BerhadDirector/Head, Islamic Markets

Hisham Abdul Rahim, BNP Paribas Investment Partners Najmah MalaysiaExecutive Director

Norashikin binti Mohd Kassim, Bank Islam Malaysia Berhad (Bank Islam)Head of Treasury

So Saito, Attorney-at-law (Admitted in Japan and New York)Counsel of Nishimura & Asahi

10:15 Coffee Break

10:45 Capital Markets – German Perspective• Growthofthecapitalmarketwithinequity

• Developingthewholesalefinance

• Alookintohowcapitalmarketswillstimulatecross-borderactivities

• Movingtoashariahbasedratherthanshariahcompliantapproach

Dr. Johannes Engels, The Federal Financial Supervisory Authority (BaFin)Germany, Senior Advisor

11:20 Successful adoption to new Islamic banking applications and tools Successful deployment of new Islamic banking solution is vital

for efficient business operations which are now regarded as one of key players of global financial landscape. The nature of the Islamic banking practice which is based on compliance to Sharia rules makes the successful adoption to new Islamic banking applications and tools is paramount in creating and sustaining growth for Islamic banks. Ethix banking solutions is the result of more than 30 years of technology and Islamic banking services that harness technology to meet Islamic financial institution’s needs.

Ismail Ali, ITSDirector of Banking Marketing and Global Operations

12:00 Islamic Ship Finance Structures• WhatarethecommonstructuresinIslamicShipFinanceand

what are the key principles that drive these structures?

• Understandingthe“Istisna’a–Ijara”structure

• ChallengestoIslamicshipfinancestructures.

Shawn Er, Watson Farley & Williams Asia Practice LLP’s Asset Finance Group ( Singapore )Senior Associate

12:40 Don‘t just talk‚ Islamic‘, walk‚ Islamic‘: understanding the importance of clear, transparent communicationHendri Satrio, Ogilvy Public Relations Indonesia; Ogilvy Noor lead, IndonesiaClient Services Director

13:00 Conference Lunch

14:10 Japanese Market Situation - Tax Reform regarding J-Sukuk• SituationregardingtheIslamicfinancemarketinJapan

• BasicstructureofJ-Sukuk(tax-exemptedJapaneseSukukallowedsince last year) and the situation regarding it

• BankingregulationonIslamicfinance

So Saito, Attorney-at-law (Admitted in Japan and New York)Counsel of Nishimura & Asahi

14:50 Coffee Break

15:20 Annual Fatwa Session • RolesandfunctionofShariahBoardsastheIslamicMarkets

develop

• Continuousdebatebetweenacademicandpractitionersperspectives - How can we bridge the Gap?

• Shariahconcernsandmonopolizedmarketing

Dr. Aznan Hasan, Bursa Malaysia MemberShariah Advisor,Bank Negara Malaysia Securities Commission of MalaysiaShariah Advisory Council

Dr. Rusni Hassan, International Islamic University Malaysia (IIUM)Associate Professor

Dr. Mohamad Fairooz Abdul Khir, ISRAResearcher

16:00 Closing Remarks From The Event Chair

16:10 Close of conference

We would like to thank everyone who has helped with the researchandorganizationofthisevent,especiallythespeakersfor their support and commitment.


Ahmed Khizer Khan, Burj Bank President & CEO

Ahmed Khizer Khan holds a graduate degree from Buckell University and an MBA from Rutgers University in the USA. His initial career started from Coopers & Lybrand, then Charles Schwab in the USA. He then went on to Citigroup where he stayed from 1997 to 2006 in various senior level assignments including Country Business Manager, Pakistan and Managing Director Operations and Technology, Central Europe. His next assignment was as Chief Executive of Barclays Global Retail and Commercial Banking, Emerging Markets from 2006 to 2010 from where moved as Chief Operating Officer of ICD (Islamic Corporation for Development of the Private Sector), Jeddah. ICD is one of the two main sponsors of Burj Bank and is a group company of Islamic Development Bank (IDB), Jeddah. ICD has played a critical role in the recent transformation process at Burj Bank. Mr. Khan joined Burj Bank in November 2011 and has been pivotal in turning the organization into a professional and growth oriented, progressive Islamic Banking Institution.

(Ms) Azdini Nor Azman, Bank Muamalat Malaysia Berhad VP, Treasury and Capital Markets

Ms. Azdini Nor Azman began her career as a Money Market dealer in 1997 with Amanah Short Deposits Bhd which later merged to become MIDF Amanah Investment Bank Bhd (MAIBB). She was part of the team which set up the Islamic Banking Unit in MAIBB. After ten years with the Bank, she then left to join Bank Islam Malaysia Bhd as the Head of Fixed Income Trading. Azdini then moved on to SJS Markets, trading non-MYR Bonds before joining Bank Muamalat Malaysia Berhad in 2009 as the Head of Fixed Income and she now serves as the Deputy Treasurer. She holds a Bachelor of

Commerce degree majoring in Finance from the University of Otago, New Zealand.

Badlisyah Abdul Ghani, CIMB Group Head of Group Islamic Banking Division

Badlisyah Abdul Ghani, a Malaysian, aged 38, is the Executive Director and Chief Executive Officer of CIMB Islamic Bank Berhad, the flagship Islamic banking and finance entity of CIMB Group. Badlisyah is also Head of Group Islamic Banking Division and oversees the overall Islamic banking and finance franchise of CIMB Group known as CIMB Islamic. His areas of responsibility cut across all legal entities within the Group as CIMB Islamic operates as a parallel banking franchise that leverages on the Groups’ infrastructure and network both locally and globally. Throughout the years, Badlisyah has been recognized by top international publications as the world’s ‘Top 20 Pioneer In Islamic Finance’, ‘Islamic Banker Of The Year’, and ‘Most Outstanding Contributor To The Development of Islamic finance’. He holds a Bachelor of Laws degree from the University of Leeds, United Kingdom.

Dr. Savas Alpay, Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC) Director General

Dr. Savas Alpay is the Director General of the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC). He received his PhD in economics from Johns Hopkins University in 1997, and has taught at different universities in Turkey. Formerly, he has worked as a consultant for an international consultancy firm in the USA, and served on the Board of a Public Regulation Authority in Turkey. His research areas include interactions among economic growth, international trade and the environment with an emphasis on the design and implementation of policies towards sustainable development in general. More recently, his research focuses on policies towards improving the socio-economic development of the communities, interactions between financial systems and economic development, as well as the knowledge economics, science and technology policies in the Member Countries of the Organization of Islamic Cooperation (OIC). His book titled “Trade and the Environment” has been published by Kluwer, and he has many articles published in different journals and conference proceedings. He is the editor of the Economic Cooperation and Development Review and the Journal of Economic Cooperation and Development, which publish scholarly articles on socio-

economic development in the OIC Member Countries as well as in other developing countries.

Dr. Ashraf Md Hashim, ISRA Senior Researcher and Head of ISRA Consultancy (I-CON)

Prof. Dr. Ashraf Md Hashim attained a PhD (Islamic Law) from the University of Birmingham, UK, 1999, M.A (Fiqh & Usul Fiqh), University of Jordan, Jordan, 1995, B.A. (Shari‘ah), Islamic University Medina, Saudi Arabia, 199.1 and Postgraduate Diploma in Shari‘ah Law & Practice, International Islamic University Malaysia, 2001. Prof. Dr. Ashraf Hashim is a Senior Researcher and the Head of ISRA Consultancy (I-CON) Department at the International Shari’ah Research Academy for Islamic Finance (ISRA). He is also a Professor at the International Centre for Education in Islamic Finance (INCEIF). Previously, he was an academic staff member in the Department of Fiqh and Usul Fiqh, Kulliyyah of Islamic Revealed Knowledge and Human Sciences (IRKHS), International Islamic University Malaysia. He was also seconded to Al-Madinah International University as Deputy Rector (Academic Affairs) for two years. He has now to his credit, two books and a number of articles published in local and international journals. He has been a Chevening Fellow at the Oxford Centre for Islamic Studies, United Kingdom. Prof. Dr. Ashraf Hashim has vast experience in providing Shari’ah views on retail and investment banking products, Sukuk structuring and unit trusts. He is also actively involved in advising Takaful and Retakaful companies. Currently, he is a member of Bank Negara Malaysia (BNM) Shari’ah Advisory Council (SAC). He also serves as Shari’ah Advisor to a number of Islamic Financial Institutions in Malaysia and abroad.

Dato’ Mohd Effendi Abdullah, AmInvestment Bank Berhad Director/Head, Islamic Markets

Mohd Effendi Abdullah is the Director/Head of Islamic Markets at AmInvestment Bank, and is responsible for Islamic investment banking and finance opportunities within AmInvestment Bank Group. Having joined the Bank in 1985, he has held management positions in Corporate Banking, Syndication, Structured Finance and Debt Capital Markets. Mohd Effendi is one of the pioneers at the initial set-up of the Bank’s Islamic investment banking business in 1993 and is part of the team established to streamline the AmBank Group’s Islamic banking and finance activities across the Group in 2001. Over the past 20 years, he has committed his expertise to Islamic investment banking/finance product structuring, origination, marketing and execution with a strong focus on

the Islamic capital markets. Todate, he has overseen and was involved in arranging deals worth about RM100 billion (includes deals with local & foreign corporates, governments and government entities). Mohd Effendi has been an active committee member of the Islamic Capital Market Committee, the Malaysian Investment Banking Association and also sits on various working groups/committees at Bank Negara Malaysia, Securities Commission, Malaysia Accounting Standards Board and Association of Islamic Banking Institutions Malaysia. His most recent appointment is as Director on the Board of the Islamic Banking And Finance Institute Malaysia (IBFIM). He has also participated as speaker and panel member in major Islamic conferences, roundtables and roadshow discussions. Mohd Effendi holds a Bachelors (Economics) degree in Accounting and Financial Management from Macquarie University, Sydney, Australia.

Hendri Satrio, Ogilvy Public Relations Indonesia; Ogilvy Noor lead, Indonesia Client Services Director

Hendri leads Ogilvy Noor in Indonesia, the world’s first bespoke consultancy for Islamic branding. He has a special remit to focus on Islamic banking and finance. Hendri is also Client Service Director of Ogilvy Public Relations Indonesia, with a specialty in finance and banking. He has 13 years experience in communications strategic planning within the Indonesian Public Relations industry including banking, finance, the Shariah industry, issues and crisis communication, and CSR programs. He has worked at a senior management level for national and international institutions, within both the profit and non-profit sectors for organisations such as Bank BTPN, Carrefour Indonesia, Sampoerna Foundation, Johns Hopkins University and Helen Keller International. He gained his Masters degree in Communications Management from the University of Indonesia. He has established a strong network of media relations and NGO relations in Indonesia. Since 2009, he holds the position of lecturer at Paramadina University, Indonesia.

Hisham Abdul Rahim, BNP Paribas Investment Partners Najmah Malaysia Executive Director

Areas of expertise Hisham Abdul Rahim joined BNP Paribas Investment Partners Malaysia in January 2008 and in February 2009, he was appointed as Executive Director of BNP Paribas Investment Partners Najmah Malaysia. He head’s BNP Paribas Investment Partners’ Islamic entity and assist the CEO of BNP Paribas Investment Partners on the Islamic Segment Globally and Business Development in Malaysia. Career Prior to this, he was Head of Structured Products of Al Rajhi Bank Malaysia and Vice President of Financial Institutional Group for BNP Paribas Bank in Singapore. He also work for 5 years for Petronas, the Malaysian oil company, where he spent 4 years managing the foreign bond portfolio for Petronas. Hisham brings with him a total of 15 years of experience in Asset Management and Finance. Education Hisham is a graduate of the London School of Economics and a Qualified Chartered Accountant, trained in England Committees and affiliations Associate Member Institute of Chartered Accountant England and Wales

Ismail Ali, ITS

Director of Banking Marketing and Global Operations

Ismail Ali brings more than 17 years of financial and technology experience with an extensive background in Islamic banking solutions, setting and executing Islamic banking strategies based on comprehensive understanding of global market dynamics, industry challenges and Islamic Financial Institution’s needs. Ismail was the director of Islamic banking department in multi-national banking solution providers, prior to joining ITS in the capacity of Director of Banking Marketing and Global Operations. Beside the experience of implementing Islamic banking solutions as Islamic windows, green field banks and transforming banks into full fledge Islamic banking; Ismail has Authored and published: “Islamic banking system” paper on Yale Economics Department Research and European Finance eJournal. Ismail has given speeches at international Islamic banking conferences in USA, UK, Malaysia, UAE, South Africa and Switzerland. Ismail earned his MBA degree from University of Wales, UK and earned his Bachelor degree of Mathematics from University of Cairo, Egypt.

John Goodman, President, Ogilvy Noor President, OgilvyAction Asia

A graduate of Liverpool University, John started his career with Ibis, an international DM company. He spent five years in London, Sydney and New York, the last two running their NY representative office. In 1989 he joined O&M Direct in London, and was appointed to the agency board in 1991. In 1993 he moved to Prague to run the new agency in the Czech Republic. He was there for four years, during which the agency quadrupled in billings and grew from 10 to 80 staff. From 1997 to 2003, he was President of OgilvyOne Asia/Pacific. During this time, the network opened offices in Japan, China and Korea, and saw revenues grow by a factor of five. OgilvyOne was the winner of the first ever Campaign Award for best regional agency network in 2003. He also served on the OgilvyOne worldwide board. In 2004 he became CEO of O&M India and South Asia. During this period, O&M was Indian Agency of the Year three times, voted overwhelmingly by clients as the agency they most want to work with. In June 2006 he moved to Tokyo as President of O&M Japan. In April, 2009, he became President of OgilvyAction in Asia, and a regional director of O&M Asia/Pacific. John is a practicing Muslim, and in 2010 initiated Ogilvy Noor, the group’s specialist Islamic Branding practice (www.ogilvynoor.com) This practice, launched at the World Islamic Economic Forum in Malaysia, helps clients understand the special needs and interests of the 1.8 billion Muslims around the world. Its first publication, ‘Brands, Islam and the New Muslim Consumer’ won the highly prestigious Atticus Grand Prix in 2011. He is currently taking an MA in Islamic Studies.

Dr. Johannes Engels, The Federal Financial Supervisory Authority (BaFin), Germany

Senior Advisor

Dr.Engels has studied General Economics with Doctor Degree in Aachen and Cologne. He has been working for the Financial Supervisory Authority for nineteen years, in the international dept. for five years. He has written Several publications in the field of Islamic finance.

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Dr. Mohamad Fairooz Abdul Khir, ISRA Researcher

Dr. Mohamed Fairooz Bin Abdul Khir is currently a researcher at International Shari’ah Research Academy for Islamic Finance (ISRA) and coordinator for Islamic Banking Unit, ISRA. Prior to joining ISRA, he served International Islamic University (IIUM) for 8 years as lecturer at the Department of Islamic Revealed Knowledge and Human Sciences. Apart from serving ISRA, he also serves as Shariah advisor to Malaysian Industrial Development Finance Berhad (MIDF). He has PhD in Shariah from University of Malaya with specialization in Fiqh, Usul al-Fiqh and Islamic Finance, Masters of Shari’ah from the same university and Degree in the same field from International Islamic University Malaysia (IIUM). He was conferred the Shariah Scholarship Award by Bank Negara Malaysia (BNM) for his PhD study in Islamic finance. As researcher, he involves actively in researches related to Islamic finance amongst others are Ibra’ and Its Implementation in Islamic Banking from the Perspective of Maqasid al-Shari’ah, Parameter of Hiyal (Legal Stratagem) in Islamic Finance, Personal Financing: An Alternative to Bay’ al-‘Inah, Fatwa in Islamic Finance: A Comparative Study Between Malaysia and GCC countries and Book on Islamic Legal Maxims and Its Application in Islamic Finance. He has presented many academic papers at various conferences, locally as well as overseas.

Mahmood Shafqat, State Bank of Pakistan Additional Director, Banking Policy & Regulations Department

Mahmood has around 19 years of experience in central banking and has extensive knowledge and expertise in Islamic banking and Finance. He was assigned the responsibility of re-launch of Islamic banking in Pakistan in year 2000 for which he formulated the regulatory and supervisory framework for Islamic banking industry and played a key role in development and promotion of Islamic banking. Towards this end he studied legal and regulatory framework for Islamic banking in other countries and formulated laws and regulations, licensing criteria, off-site supervision system and on-site Shariah compliance inspection framework for Islamic banking in Pakistan. He has played a key role in Development of Financial Instruments and Model Agreements for Islamic financial institutions, Liquidity Management instruments – Government Sukuk, R&D and Capacity Building through membership of various Task Forces, Committees and Working Groups formed by State Bank of Pakistan and the Federal Government. He has been a member of IFSB Working Group on Shariah Governance, which prepared international standard on Shariah Governance of Islamic financial institutions. He has participated in numerous International Seminars, conferences and visited various countries as a member of official Delegations of Govt. of Pakistan and State Bank of Pakistan for studying Islamic banking and supervisory practices in order to develop Islamic banking in Pakistan. He has been a speaker in numerous programs of various TV channels and conducted training sessions on different aspects of Islamic Banking and Finance in universities and training institutes located in various cities of Pakistan. His Key Areas of Expertise include Islamic Banking and Finance, Legal and Regulatory framework for financial institutions (Both Conventional and Islamic), Shariah Governance, On-Site Inspection, Strategy Formulation, Product Development, Licensing and Corporate Governance, Off Site Surveillance, Islamic Accounting Standards, Training and Capacity Building, Feasibility Studies. Currently he is working as Additional Director, Banking Policy & Regulations Department, State Bank of Pakistan (central bank of the country), heading the Corporate Governance Division. He secured M.B.A degree from a leading university in Pakistan and is 46 years of age.

Dr. Lokman Gunduz, Central Bank of the Republic of Turkey

Board Member

Born in Ordu in 1968, Dr. Gündüz graduated from Boğaziçi University, Department of Politics and International Relations in 1990. He earned his M.A. and Ph.D. degrees in Banking at Marmara University, Institute of Banking and Insurance. He served as a financial analyst at Ziraat Bank, as a research fellow at Marmara University, as a full-time lecturer at Beykent University, and as a Member of Auditing Committee at Yapı ve Kredi Bank. Dr. Gündüz has various papers published in national and international scientific publications on banking and capital markets. Dr. Lokman Gündüz has been a Member of the Board since 1st May 2005.

Norashikin binti Mohd Kassim, Bank Islam Malaysia Berhad (Bank Islam) Head of Treasury

Norashikin has diverse exposure in the finance and capital market, garnered over 15 years during her time at various local & international banks and Malaysian Government linked companies. Among others, she has working experience with Bank Islam Malaysia Berhad, Citibank (Malaysia) Berhad, Citigroup Investment Bank Singapore and Standard Chartered Bank in the areas of Corporate Finance, Debt Capital Market and Treasury. Her banking and finance knowledge spans across both Islamic and conventional systems. She presently sits on the Board of the International Islamic Financial Market, Board of BIMB Foreign Currency Clearing Agency Sdn Bhd, and committee of the Association of Islamic Banking in Malaysia.

Othman Abdullah, Islamic Banking, Silverlake Group

Managing Director

Othman Abdullah is the Managing Director, Islamic Banking of Silverlake Group, a global IT and digital economy solutions provider serving the needs of Banking and Finance, Airline, Utility and Retail industries all over the world. He is responsible for Silverlake Axis Integrated Islamic Banking Solution (SIIBS) product development, marketing supports and implementation services. SIIBS is a complete suite of IT application solutions for Islamic Banking retail and corporate products and services. Othman has 15 years of Core Banking IT System implementation experiences in Malaysia and other neighbouring countries, replacing other systems with SIIBS. Starting as a programmer, he has held various responsibilities as team leader, project manager, product advisor, project advisor and project director. Some of the Islamic Banks which Othman was involved in the SIIBS implementations are Bank Islam Malaysia Berhad, Bank Islam Brunei Darussalam, PT Bank Syariah Mega Indonesia and PT Bank Maybank Syariah Indonesia. Othman holds BSC in Computer Engineering from the University of Michigan, Ann Arbor, Post Graduate Diploma in Islamic Banking and Finance from International Islamic University of Malaysia and Master of Science in Islamic Banking and Finance from International Islamic University of Malaysia.

Raja Teh Maimunah, Hong Leong Islamic Bank Managing Director and Chief Executive Officer

Raja Teh Maimunah is the Managing Director and Chief Executive Officer of Hong Leong Islamic Bank. Prior to her current appointment, she was the Global Head of Islamic Markets at Bursa Malaysia. Prior to that, she was the Chief Corporate Officer and Head of International Business at Kuwait Finance House Malaysia, CEO of Bank AlKhair Malaysia (previously Unicorn Investment Bank) and Head of Investment Banking at RHB Sakura Merchant Bank (now RHB Investment Bank). She had also served in Pengurusan Danaharta Nasional Berhad during the Asian financial crisis and was with CIMB Investment Bank over a period of almost 10 years covering debt and equity origination and equity sales. She spent her early days at KPMG Peat Marwick Consultants. Raja Teh is the Adviser on Islamic Banking and Finance to the World Islamic Economic Forum Foundation. She was awarded an Honorary Doctorate of Laws from the University of East London, United Kingdom and also holds an LLB (Hons) from the same university.

Dr. Rusni Hassan, International Islamic University Malaysia (IIUM) Associate Professor

Dr. Rusni Hassan is an Associate Professor at the Ahmad Ibrahim Kulliyyah of Laws (AIKOL), International Islamic University Malaysia (IIUM). She graduated with LLB (Honours) and LLB (Shariah) (First Class), Master of Comparative Laws (MCL) and Ph.D. in Law. Her area of specialization includes Islamic Banking, Finance and Islamic Documentations, Islamic Capital Market, Takaful and Islamic Law of Transactions. She was a Coordinator for Research and Publication and Course Coordinator for Islamic Law of Transactions and Islamic Banking and Takaful. She is a Board Member at IIUM Institute of Islamic Banking and Finance. She was a Research Committee for Review of Islamic Banking Laws, Central Bank of Malaysia and an examiner for Financial Planner Association of Malaysia. She is a member of Shariah Advisory Council Bank Negara Malaysia and was a Shariah Committee for HSBC Amanah Malaysia, HSBC Amanah (Takaful) Malaysia and a registered Shariah Unit Trust Advisor with the Securities Commission. She presented paper for several international conference and seminars locally and abroad. She has spoken extensively in seminars, workshops, conferences and trainings on various Islamic Finance issues. Her publication includes books, articles of journals, Shariah Law Reports and other publications.

Rustam Mohd. Idris, Bank Negara Malaysia (Central Bank of Malaysia) Deputy Director Islamic Banking and Takaful Department

Rustam Mohd. Idris is the Deputy Director of the Islamic Banking and Takaful Department, Bank Negara Malaysia (Central Bank of Malaysia). He joined the Central Bank in 1986 after completing his study at the National University of Malaysia. Mr. Rustam is part of the team responsible in the development of Islamic banking in BNM since the early 1990s until today. Among the significant involvement of Mr. Rustam was the introduction of the dual banking system in Malaysia, the Financial Sector Master Plan and the Malaysian Islamic Financial Centre initiatives. He has presented several papers of Islamic finance at various international conferences as well as conducting training workshops on Islamic finance for central bankers. He also sat in the IFSB Working Group member of the Shariah Governance System and currently sits in the IFSB Working Group on Revised Standard on Capital Adequacy and Sukuk Securitisation. Mr. Rustam is responsible in the formulation of prudential policies for the Islamic banking industry.

So Saito, Attorney-at-law (Admitted in Japan and New York)

Counsel of Nishimura & Asahi

Mr. Saito is an attorney-at-law who has 13 years’ experience and handles international corporate finance including securitization, derivatives, loan, and finance regarding construction projects. He often represents Asian corporations that would like to invest in Japan, as well as Japanese companies that would like to invest in Asian countries. His specialty is conventional finance (as Islamic Finance in Japan is still in the early stages), but he has had an interest in Islamic finance since 2007 and has been one of the leaders in Islamic finance in Japan. Mr. Saito has written many articles and has been called to speak at many seminars. His Major Publications regarding Islamic Finance include (i) “Recent regulatory topics on Islamic finance in Japan,” Asian Counsel 2008, (ii) “Recent changes to the Japanese banking regulations on Islamic finance,” Complinet.com 2008, and (iii) “Tax reforms for Japanese Sukuk,” Islamic Finance news, Volume 8 Issue 24, 2011.

Shawn Er, Watson Farley & Williams Asia Practice LLP’s Asset Finance Group ( Singapore ) Senior Associate

Shawn Er is a Senior Associate in Watson Farley & Williams Asia Practice LLP’s Asset Finance Group in Singapore. He has a wide range of cross – border finance experience encompassing acquisition finance, asset finance, project/infrastructure finance, general secured and syndicated corporate lending and debt restructuring. Shawn also has substantial experience in ship finance including acting for the syndicate of lenders in the recent US$479.6 million refinancing of First Ship Lease Trust, which was awarded the Marine Money Bank Debt Deal of the Year (East) for 2012. He has experience with Islamic ship financing techniques and recently acted on two LNG vessel facilities centered around an Istisna’a and Ijara structure. Shawn is dual qualified as a solicitor of England and Wales and a solicitor & advocate of Singapore. He has also been called to the bar as a Barrister of England and Wales (non-practising). He has over 10 years of legal experience including 8 years working for two international law firms in London. Shawn also has considerable experience working in various financial institutions having completed secondments to Egg plc, the leveraged finance origination team of Bank of Scotland plc (UK) and, most recently, ANZ Bank (Singapore).

Mudassir Amray, Al Rajhi Bank

Head of Wholesale Banking

Mudassir Amray is appointed as the Head of Wholesale Banking at Al Rajhi Bank in Malaysia in March 2011. In this capacity, Mudassir is responsible for managing Corporate & Investment Banking, Treasury, FI, and Capital Markets & Syndications. Prior to Al Rajhi, Mudassir was working as the Head of Islamic Banking- Asia Pacific for Citi based in Singapore. Mudassir has over 18 years of diversified banking experience across 5 geographies with diverse customer segments. Mudassir has well rounded exposure in multiple areas including Corporate Banking, Investment Banking, Capital Markets and Syndications, Treasury, Financial Institutions, and GTS.

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CONFERENCE PARTNERS

Supported by

Malaysia International Islamic Financial Centre (MIFC) initiative was launched to promote Malaysia as a major hub for international Islamic finance. The MIFC initiative comprises a community network of financial and market regulatory bodies, Government ministries and agencies, financial institutions, human capital development institutions and professional services companies that are participating in the field of Islamic finance. MIFC encapsulates Malaysia’s more than 30 years of Islamic finance expertise and experience into a single initiative; upon which foreign financial institutions can leverage. Malaysia’s Islamic finance industry distinguishes itself as one of the proven platforms for conducting Islamic finance activities across the globe. The vibrancy and dynamism of Malaysia’s Islamic financial system is reflected by its continuous product innovation, a large and diverse pool of Islamic finance talent, diversity of financial institutions from across the world, a wide range of innovative Islamic financial products, a comprehensive Islamic financial infrastructure as well as adoption of global regulatory, legal and Shariah best practices. Malaysia has also the distinction of being the world’s first country to have a full-fledged Islamic financial system operating in parallel to the conventional banking system. It has placed strong emphasis on human capital development in Islamic finance to ensure the availability of capable and adept talents.

Gold Sponsor

(ITS Group) has been the leading ICT solutions provider for Islamic banks and Islamic finance organizations for over two decades, and is a member of AAOIFI and IFX. The ITS Universal Islamic Banking solution is Shariah compliant, and specifically designed to fulfill the needs of the Islamic banking and finance sector. ITS‘s Universal Islamic Banking solution is based on the first „Islamic Instrument Definition Engine“ which allows Financial organizations to create their own Shariah compliant products, workflow, and processes. In addition, it is based on Service Oriented Architecture and is adopting IFX Massaging Protocol. The ITS Universal Islamic banking solutions cover Consumer Financing, Trade Finance, Retail Islamic Banking, Ejarah Card Product, Treasury/Investment, Internet Banking, Risk Management with BASEL II Compliance, and Banking Delivery Channels. ITS has a keen understanding of what its customers really need from an ICT partner; in short, to enable technology utilization in order to allow your business to grow. ITS implements cutting edge solutions for numerous valued clients in the Middle East, North African and East Asian regions, through our resource pool of over 2400 skilled IT professionals based in 24 offices worldwide.

Silver Sponsor

Founded in 1989, Silverlake is a global IT and digital economy solutions provider committed to delivering high quality and state of the art solutions serving the needs of Banking and Finance, Airline, Utility and Retail industries all over the world. With over 1,200 employees worldwide in Silverlake and its related entities in the Asia-Pacific, Middle East, Europe and USA, and a customer base mainly comprising of Asia-Pacific’s most prominent financial institutions, Silverlake is well-recognized as one the of the largest and most successful IT solutions provider in the region. Silverlake has won various awards in recognition of its innovation and contribution to IT developments.

Technology Partner

Path Solutions is a global technology services firm headquartered in Kuwait. The company provides end-to-end innovative software solutions for the Islamic banking and financial services industry segment. Path Solutions’ flagship product, iMAL is built on open architecture, offers low cost of Powering Islamic Financial Markets ownership and uses established standards such as HTTP/S and XML. It is also available as a Model Bank implementation, with best practice processes built-in. Path Solutions sharply focus on building quality and excellence in its product development, delivery, deployment, training and support processes. The company has nearly two decades of experience in combining knowledge of banking markets worldwide with deep expertise of how technology is best applied in rapidly changing, highly demanding large-scale environments. Learn more about Path Solutions: www.path-solutions.com

Powering Islamic Financial Markets

CONFERENCE PARTNERS

Associate Sponsor

Watson, Farley & Williams is a leading international law firm with offices in major financial centres in Europe, Asia and the USA. We have the skills to manage a wide range of corporate and finance transactions, and disputes, and to provide our clients with the high quality advice they require. We have teams which are integrated across legal disciplines and offices so that a consistent level of service can be provided on all matters, in each jurisdiction and in combination across borders. We continually invest in developing our expertise and reputation in the sectors we know best: Finance & Investment, Maritime, Energy, Natural Resources, Transport, Real Estate and ICT. Our Islamic finance team comprises lawyers who are experienced in conventional forms of finance as well as the Shari’a principles governing Islamic financing techniques. Our experience, knowledge and understanding enables us to resolve the complexities involved in structuring transactions and products which meet both Shari’a and conventional banking requirements as well as applicable regulatory requirements. Our Islamic finance team represents both Islamic and non-Islamic banks and financial institutions in relation to a broad cross-section of Islamic products and on complex structured financings.

Associate Sponsor

ERI is an international company specialising in the design, development, distribution and support of the integrated, real-time banking and wealth management software package: OLYMPIC Banking System®. Operating in many of the major financial centres, ERI is present in Geneva, Zurich, Lugano, London, Luxembourg, Singapore, and Paris. ERI employs in excess of 500 highly qualified staff members with a strong focus on providing comprehensive, quality software, successful system implementations and on-going maintenance and support for clients. More than 300 banks and financial institutions across over 50 countries in Europe, the Middle East, Africa, the Americas and Asia have already chosen the OLYMPIC Banking System®.

Associate Sponsor

Ogilvy Noor is the world’s first bespoke Islamic Branding practice, offering expert practical advice on how to build brands that appeal to Muslim consumers, globally. We combine decades of successful marketing to Muslims, expert analysis, and pioneering research that sheds light on the lives, needs and desires of the new Muslim consumer

Supporting Association

The Bahrain Association of Banks (BAB), established by a Ministerial decree in 1979 and re-registered with the Central Bank of Bahrain in 2010, brings together banking institutions of all sizes and charters in the Kingdom of Bahrain and works towards enhancing Bahrain’s image as the financial hub of the Middle East.


International Compliance Association is a professional organisation dedicated to the pursuit of excellence in compliance, anti-money laundering and financial crime prevention. ICA offers internationally recognised professional qualifications that help improve knowledge enhance skills and minimise risk for firms. For novice and experienced practitioners alike, ICA certificate and diploma programmes are a benchmark of competence and excellence.


The CIFA Foundation was created at the initiative of a group of financial entrepreneurs to face the increasing number of regulations and the growing complexity of markets. Its mission is to strengthen the role of independent financial advisors (IFAs) at the international level in order to better defend the interests of investors. CIFA has chosen Geneva, one of the world capitals of wealth management and headquarters of many international organisations, to establish its permanent organisation.

MEDIA PARTNERS

IFIS, launched in 2003, is a pioneering online information service that focuses exclusively on the global Islamic finance industry. A product of ISI Emerging Markets www.securities.com part of Euromoney Institutional Investor Plc. IFIS is headquartered in London with key centres in Egypt, US, Malaysia, Singapore with sales and support offices in 29 countries worldwide. IFIS’ coverage is global and includes Specialist interactive databases featuring Sukuk, Islamic funds, Syndications, Islamic projects and Infrastructure financings. News, Top quality research, Industry Reports, Company information, Financials, Ratings reports, Regulatory guidelines and legislation, Takaful (Islamic Insurance).

True Banking is a Bi-Monthly magazine on Islamic Banking & Financial Services sector with specific target on research development, market analysis, Training & advancement in this sector with focusing of development of Islamic Banking, Takaful & Investment. The prime aim of True Banking to create harmony, awareness & innovation in this sector. It is another addition to AlHuda CIBE achievement in the direction towards promotion and development in Banking Sector.

Business Islamica is the first monthly magazine in the UAE that specifically covers all aspects of Islamic business and finance both regionally and internationally. Based in the Dubai International Finance Centre (DIFC) – an emerging hub for those investing along Shariah principles – the magazine’s objective is to spearhead awareness initiatives, heighten knowledge of its core principles and practices and feature the latest developments in this industry.

Capital Business Magazine is a 100% business to business magazine, English language business and finance practice-based monthly, featuring articles by certified financial and business experts (strategic partners: SHUAA CAPITAL, GLOBAL INVESMENT HOUSE, etc …) on a broad spectrum of topics: Banking, Technology, Human Capital, Tools of Trade, Risk Management, Corporate Finance, Accounting & Financial Reporting, Treasury & Cash Management, Islamica Finance, B.O.T. Projects, Real Estate, Management & Leadership, Corporate Governance, Investments, IPO, etc...

Oxford Business Group (OBG), a global publishing, research and consultancy firm, publishes economic and political intelligence on the markets of Eastern Europe, North and South Africa, the Middle East, and Asia. OBG offers comprehensive analysis of political, macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance. OBG’s acclaimed economic, political and business reports are the leading source of local and regional intelligence, while OBG’s

online economic briefings provide up-to-date in-depth analysis. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to enter them.

Global Islamic Finance magazine delivers news, reviews, research, comment and analysis to financial intermediaries, bankers, lenders, insurers, brokers, corporate and SME decision makers and supports these finance professionals with timely, relevant and accurate market intelligence and sources of business funding.

Established in 1984, Business Monitor International is a leading print and online publisher of specialist business information on global emerging markets. Our range of daily, weekly, monthly and quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. BMI also publishes directories and CD-ROMs profiling multinational companies active in emerging markets.

Please allow us to introduce AlHuda Centre of Islamic Banking & Economics - Pakistan, a well established name in the Islamic Banking and financial market, working for Advisory, Islamic Financial products development, Awareness, and publications. AlHuda CIBE also published a Bi-monthly online Magazine on Islamic Banking and Finance News for the better awareness on Islamic Banking and Finance with free subscription worldwide to more than 200,000 desktop. To carry the experiences and Image of Islamic Banking internationally, you are requested to contribute us in the form News/Research/ Articles/Advertisement for the better awareness in this field. We promise to continue our humble efforts in the right direction. We appreciate all the comments/feedback for the development of this cause.

The magazine will include articles, interviews and features demonstrating thought leadership for business today. Key contributors will include Bahrainâ€™s senior banking professionals, economists, legal and compliance professionals, senior management from the Central Bank of Bahrain (CBB), as well as specialists on important financial topics such as Islamic banking.

Eurekahedge, the world’s largest independent alternatives fund data provider, maintains a global coverage on over 20,700 funds. Our research covers hedge funds, funds of funds, private equity funds, Islamic funds, real estate funds and enhanced equity funds (130/30) and SRI funds. For more information, please contact Agnes Yea, [email protected] or visit www.eurekahedge.com.

Broadcasting Partner

AMILIN TV is a global news and media company that provides Islamic Financial News & Video that moves Islamic Financial Industry. We are the video aggregator & broadcaster for the most comprehensive and the latest Islamic Financial News Videos on the Internet. You can search any topic on Islamic Finance and broadcast it into our Web TV for the best new Islamic Finance videos and presenting them to people like Islamic Finance Professionals, Bankers, Practitioners, Lawyers, Students and Customers who are a little too busy to spend hours a day searching for them. Quality, speed and convenience–that’s what we’re trying to deliver with Amilin TV. Our motto is “BROADCAST THE ISLAMIC FINANCE” We are the first mover for Islamic Financial News TV.

10 - 11 July 2012 | Prince Hotel & Residence | Kuala Lumpur | Malaysia

3rd Annual Asia Islamic Banking Conference

3 Annual Asia Islamic Banking Conference - Ogilvy Noor - Islamic

Documents

Transcript of 3 Annual Asia Islamic Banking Conference - Ogilvy Noor - Islamic