Awareness Programme

This is the 10th edition of the IFSB-INCEIF Executive Forum on Islamic Finance Series. The IFSB-INCEIF Executive Forum aims to provide a platform for global leaders in Islamic finance to discuss selected emerging issues in the Islamic financial services industry. The Executive Forum places emphasis on issues related to supervision and prudential regulation, both at national and international levels, harnessing from the experiences of a distinguished pool of global experts, academicsand practitioners. More information on the theme and sessions will be uploaded in due course. The theme of the 10th IFSB-INCEIF Executive Forum “Financial Inclusion and Islamic Finance: Aligning objectives and methodologies” aims to clarify and align the objectives and benefits of financial inclusion with that of Maqasid Al-Shariah and emphasise the importance of supervisory and regulatory initiatives in supporting the growth of financial inclusion. Financial inclusion and shared prosperity have been recognised as key components of the global agenda contributing to stability. However, initiatives related to financial inclusion in the Islamic finance context have been somewhat subdued. At the same time, there are promising initiatives in Islamic microfinance, SMEs development and Microtakāful, all of which have significant potential to contribute to financial inclusion. The Executive Forum will bring together the advocators of financial inclusion from among experienced practitioners, supervisors and thought leaders as well as Islamic finance industry players. Participants will be exposed to discussions on new methodologies and techniques in the field of financial inclusion, as well as the role of the Regulatory and Supervisory Authorities in ensuring market integrity, financial stability and consumer protection from the financial inclusion perspective. The Panel Session, a key feature of this Executive Forum, will discuss the key issues and challenges in penetrating unbanked Muslims populations, and the availability of infrastructures pivotal in financial inclusion development, as well as policy recommendations from supervisors and market practitioners from the banking, takāful and SME sectors. The Executive Forum is a paying event. Special rates are offered to all member of the IFSB. Enjoy group discount of 10% when you register 3 or more participants from the same organisation. (Not applicable to subsidiaries and affiliated companies) For further enquiries, please email to Mrs. Ida Shafinaz Ab. Malek at [email protected] . Programme - Event Session(s) Date Time Topics Day 1 16/11/2016 08:30 - 09:30 Morning Coffee and Registration 09:30 - 09:45 Welcoming Remarks 09:45 - 11:15 Session 1: Financial Inclusion: Aligning current models with differing realities Global Financial Inclusion: A key development agenda Sustainability is Key: The 'must-have' building blocks Financial Inclusion: Catalyst for or impediment to growth 11:15 - 11:45 Group Photo and Coffee Break 11:45 - 13:15 Session 2: Islamic Microfinance: Beyond the financial inclusion agenda Islamic Microfinance: Advancing financial inclusion and wealth creation Technology and Innovation: The game changer for microfinance and the financial inclusion agenda Development and Challenges in Islamic Microfinance 13:15 - 14:30 Lunch and Prayers 14:30 - 16:30 Session 3: Moderated Session: Financial Inclusion and Islamic Finance: Approaches and current practices Financial Inclusion and Islamic Finance Solutions: Impacts on the real economy Risk-Sharing Instruments: The solution for enhancing inclusion Islamic Finance and the Challenge of Incorporating More Inclusive Offerings 16:30 - 17:00 Coffee and Networking Day 2 17/11/2016 08:30 - 09:30 Morning Coffee 09:30 - 11:00 Session 4: Consumer Protection: Financial inclusion and Shari'ah arrangements in protecting consumers Striking the Balance in Consumer Protection Developing Regulations with Robust Supervision Designing Effective Consumer Protection Infrastructure for Financial Inclusion 11:00 - 11:30 Coffee Break and Networking 11:30 - 13:00 Session 5: Strategic Priorities for Enhancing Financial Inclusion: Regulation, supervision, eco-system and innovation Challenges in Bringing Financial Inclusion as a National Strategic Agenda Supervision of Islamic Microfinance Strengthening the Overall Market through Infrastructure and Capability Building for Financial Inclusion 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 6: Panel Discussion on Facilitating the Growth of Islamic Microfinance, SMEs and Microtakāful Diversity in Islamic Microfinance Programmes and Models Are SMEs Responsive to Poverty Alleviation and Financial Inclusion initiatives Accelerating Development with Expanded Coverage through Microtakāful 16:00 - 16:30 Closing & Certificate Giving Ceremony 16:30 - 17:00 Coffee and Networking

This is the 10th edition of the IFSB-INCEIF Executive Forum on Islamic Finance Series. The IFSB-INCEIF Executive Forum aims to provide a platform for global leaders in Islamic finance to discuss selected emerging issues in the Islamic financial services industry. The Executive Forum places emphasis on issues related to supervision and prudential regulation, both at national and international levels, harnessing from the experiences of a distinguished pool of global experts, academicsand practitioners. More information on the theme and sessions will be uploaded in due course. The theme of the 10th IFSB-INCEIF Executive Forum “Financial Inclusion and Islamic Finance: Aligning objectives and methodologies” aims to clarify and align the objectives and benefits of financial inclusion with that of Maqasid Al-Shariah and emphasise the importance of supervisory and regulatory initiatives in supporting the growth of financial inclusion. Financial inclusion and shared prosperity have been recognised as key components of the global agenda contributing to stability. However, initiatives related to financial inclusion in the Islamic finance context have been somewhat subdued. At the same time, there are promising initiatives in Islamic microfinance, SMEs development and Microtakāful, all of which have significant potential to contribute to financial inclusion. The Executive Forum will bring together the advocators of financial inclusion from among experienced practitioners, supervisors and thought leaders as well as Islamic finance industry players. Participants will be exposed to discussions on new methodologies and techniques in the field of financial inclusion, as well as the role of the Regulatory and Supervisory Authorities in ensuring market integrity, financial stability and consumer protection from the financial inclusion perspective. The Panel Session, a key feature of this Executive Forum, will discuss the key issues and challenges in penetrating unbanked Muslims populations, and the availability of infrastructures pivotal in financial inclusion development, as well as policy recommendations from supervisors and market practitioners from the banking, takāful and SME sectors. The Executive Forum is a paying event. Special rates are offered to all member of the IFSB. Enjoy group discount of 10% when you register 3 or more participants from the same organisation. (Not applicable to subsidiaries and affiliated companies) For further enquiries, please email to Mrs. Ida Shafinaz Ab. Malek at [email protected] . Programme - Event Session(s) Date Time Topics Day 1 16/11/2016 08:30 - 09:30 Morning Coffee and Registration 09:30 - 09:45 Welcoming Remarks 09:45 - 11:15 Session 1: Financial Inclusion: Aligning current models with differing realities Global Financial Inclusion: A key development agenda Sustainability is Key: The 'must-have' building blocks Financial Inclusion: Catalyst for or impediment to growth 11:15 - 11:45 Group Photo and Coffee Break 11:45 - 13:15 Session 2: Islamic Microfinance: Beyond the financial inclusion agenda Islamic Microfinance: Advancing financial inclusion and wealth creation Technology and Innovation: The game changer for microfinance and the financial inclusion agenda Development and Challenges in Islamic Microfinance 13:15 - 14:30 Lunch and Prayers 14:30 - 16:30 Session 3: Moderated Session: Financial Inclusion and Islamic Finance: Approaches and current practices Financial Inclusion and Islamic Finance Solutions: Impacts on the real economy Risk-Sharing Instruments: The solution for enhancing inclusion Islamic Finance and the Challenge of Incorporating More Inclusive Offerings 16:30 - 17:00 Coffee and Networking Day 2 17/11/2016 08:30 - 09:30 Morning Coffee 09:30 - 11:00 Session 4: Consumer Protection: Financial inclusion and Shari'ah arrangements in protecting consumers Striking the Balance in Consumer Protection Developing Regulations with Robust Supervision Designing Effective Consumer Protection Infrastructure for Financial Inclusion 11:00 - 11:30 Coffee Break and Networking 11:30 - 13:00 Session 5: Strategic Priorities for Enhancing Financial Inclusion: Regulation, supervision, eco-system and innovation Challenges in Bringing Financial Inclusion as a National Strategic Agenda Supervision of Islamic Microfinance Strengthening the Overall Market through Infrastructure and Capability Building for Financial Inclusion 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 6: Panel Discussion on Facilitating the Growth of Islamic Microfinance, SMEs and Microtakāful Diversity in Islamic Microfinance Programmes and Models Are SMEs Responsive to Poverty Alleviation and Financial Inclusion initiatives Accelerating Development with Expanded Coverage through Microtakāful 16:00 - 16:30 Closing & Certificate Giving Ceremony 16:30 - 17:00 Coffee and Networking Downloadable Document(s) *Note: Click Document Name to view/download document 1.) Event Session(s) - PDF Format 2.) 10th IFSB-INCEIF Executive Forum: Financial Inclusion and Islamic Finance - Aligning Objectives and Methodologies  

The IFSB will be organising a Public Hearing for the IFSB Exposure Draft 19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukūk and Islamic Collective Investment Schemes) on Tuesday, 13 December 2016 at The Nile Ritz Carlton, Cairo, Egypt Programme - Event Session(s) Date Time Topics Day 1 13/12/2016 09:30 - 10:00 Registration and Welcome Coffee 10:00 - 10:10 Opening Remarks by Assistant Secretary - General of the IFSB 10:10 - 10:45 Presentation by the Project Manager 10:45 - 11:30 Questions and Answers 11:30 - 12:00 End of Public Hearing and Lunch

The 29th Meeting of the Council of the IFSB and 14th Islamic Financial Stability Forum are hosted by the Central Bank of Egypt.  These meetings are by invitation only. For more information on the meetings, please email the following Secretariat in- charge: 1) Council Meeting - Ms. Nur Khairun Nissa Md Zawawi, email : [email protected] 2) Islamic Financial Stability Forum - Ms. Yazmin Aziz, email : [email protected]

The 14th Islamic Financial Stability Forum (14th IFSF) was held on 14 December 2016, in conjunction with the 29th Council Meeting of the IFSB, hosted by the Central Bank of Egypt. The 14th IFSF discussed on issues in the implementation of AML/CFT regulations for Islamic financial services industry and identified opportunities and direction for future work in this important area. For queries, please contact the IFSB Secretariat, Ms. Yazmin Aziz at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 13/12/2016 14:30 - 14:40 Chairman’s Remarks H.E. Tarek Hassan Ali Amer, Governor, Central Bank of Egypt 14:40 - 15:40 Presentation on Islamic Finance and Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) Regulation Speaker: Mr. Mohd Fuad Arshad, Deputy Director of Financial, Intelligence and Enforcement Department, Bank Negara Malaysia 15:40 - 16:00 Discussion and Q&A Session Discussants: 1. Mr. Nadim Kyriakos-Saad, Assistant General Counsel and Head of the Financial Integrity Group, Legal Department, International Monetary Fund 2. Mr. Prasanna Seshachellam, Chief Executive Officer, THEJAS Consulting LLC and Consultant to the IFSB 16:00 - 16:20 Coffee and Networking Break End of Forum

The IFSB Annual Meetings and Side Events 2017 is jointly hosted by the Central Bank of the Islamic Republic of Iran and Bank Negara Malaysia. The 30th Meeting of the Council, 15th General Assembly of the IFSB, 15th Islamic Financial Stability Forum and Welcome Dinner is by INVITATION ONLY. For more information on the meetings and dinner, please email the following Secretariat in-charge: 1) Council Meeting, General Assembly and Welcome Dinner: Ms. Nur Khairun Nissa Md Zawawi (email: [email protected]) 2) 15th Islamic Financial Stability Forum: Ms. Yazmin Aziz (email: [email protected]) The following Side Events will also be held in conjuction with the IFSB Annual Meetings 2017. 1) Seminar on Islamic Finance and Global Regulation - Moving Targets and New Horizons: Mrs. Ida Shafinaz Ab. Malek (email: [email protected]) 2) 9th IFSB Public Lecture on Financial Policy and Stability: Mrs. Ida Shafinaz Ab. Malek (email: [email protected]) 3) Members and Industry Engagement Session: Mr. Ifran Tarmizi (email: [email protected]) Programme - Event Session(s) Date Time Topics Day 1 04/04/2017   IFSB SEMINAR ON ISLAMIC FINANCE AND GLOBAL REGULATION: MOVING TARGETS AND NEW HORIZONS (OPEN FOR PUBLIC) 08:30 - 09:30 Registration 09:30 - 09:45 Welcoming Remarks 09:45 - 10:00 Keynote Address 10:00 - 10:30 Coffee Break and Networking 10:30 - 11:45 Session 1: The Roll Out of Regulatory Reforms – Progress so Far and What is Left to Do? The Session aims to discuss how regulatory and supervisory authorities (RSAs) have achieved implementation and compliance with key prudential regulatory standards. It will look at what have been the main challenges, including the capacity building dimension. What is still to be accomplished e.g. on macroprudential supervision, cross-sector and consolidated supervision, stress testing and dealing with systemically important banks? 11:45 - 13:00 Session 2: Developing Liquid Islamic Money Markets: Challenges in Harmonisation and Local and International Issuances  This session aims to discuss the current state of the sukuk market against the backdrop of the existing economic conditions and market dynamics. What more needs to be done to spur sukuk issuances for liquid and vibrant Islamic money markets? What are specific legal, regulatory and disclosure reforms needed to resolve the impediments? Do sukuk structures and absence of trading platforms pose major hindrances to develop an active secondary sukuk market? 13:00 - 14:00 Lunch and Prayers 14:00 - 15:15 Session 3: New Horizons – Wider Outreach for the IFSI and Structural Challenges  This session aims to discuss the potential for Islamic finance to become more active across the start-up/SME financing space. What are the associated challenges from the regulatory and risk perspectives, and how can Islamic finance better manage these challenges? Discussion will also consider the rise of FinTech (i.e. crowdfunding/digital currencies) and how far Islamic finance can benefit it from its growth. 15:15 - 15:45 Coffee Break and Networking 15:45 - 17:00 Session 4: What does a Future State Islamic Finance Industry Look Like? The panel discussion will address the opportunities for Islamic finance going forward. Discussions will aim to examine whether the current state and shape of the industry are optimal given structural and regulatory challenges. The panel may look at where it sees the industry in the next 5 years; what does a future state Islamic financial services industry look like, and how do we get there? What are the pre-conditions in terms of capacity building and human resources? Day 2 05/04/2017 9TH PUBLIC LECTURE ON FINANCIAL POLICY AND STABILITY MEMBERS & INDUSTRY ENGAGEMENT SESSION WELCOME DINNER 08:30 - 12:30 9th PUBLIC LECTURE ON FINANCIAL POLICY AND STABILITY Open for Public 08:35 - 09:30 Registration 09:30 - 09:45 Opening Remarks 09:45 - 10:45 Lecture 1 Speaker: Mr. William Coen, Secretary-General, Basel Committee on Banking Supervision, Bank for International Settlements Topic: Global Adoption of the Basel Framework: Enhancing Financial Stability Across Countries 10:45 - 12:00 Lecture 2  Speaker: Dr. Mohd Daud Bakar, Founder and Group Chairman, Amanie Group Topic: Capital Raising for Sovereigns in an Era of Deficits: Realising Aspirations through Sukūk 12:00 - 12:30 Coffee Break and Networking 12:30 - 14:30 MEMBERS AND INDUSTRY ENGAGEMENT SESSION (Lunch) Open to all IFSB Members and Financial Institutions 19:30 - 22:30 WELCOME DINNER hosted by Bank Negara Malaysia  Open to IFSB Council, Full, Associate and Observer members only Day 3 06/04/2017 30TH MEETING OF THE IFSB COUNCIL 15TH GENERAL ASSEMBLY 15TH ISLAMIC FINANCIAL STABILITY FORUM 09:00 - 13:00 30th MEETING OF THE IFSB COUNCIL IFSB Council and Full Members (and accompanying persons) only 13:00 - 14:05 15th GENERAL ASSEMBLY  IFSB Council, Full, Associate and Observer members (and accompanying persons) only 14:05 - 15:10 Lunch IFSB Council, Full, Associate and Observer members (and accompanying persons) only 15:15 - 17:00 15th ISLAMIC FINANCIAL STABILITY FORUM  Theme: Global Regulatory Reforms: What More Needs to be Done and the Challenges for EMEs and Islamic Finance Open to IFSB Council, Full, Associate and Observer Members, and selected invitees 17:00 - 17:30 Coffee break

The IFSB organised its 15th Islamic Financial Stability Forum (15th IFSF) on 6 April 2017, in Kuala Lumpur, Malaysia. The 15th IFSF was held in conjunction with the 30th Council Meeting of the IFSB, jointly organised by the Central Bank of the Islamic Republic of Iran and Bank Negara Malaysia. Programme - Event Session(s) Date Time Topics Day 1 06/04/2017 15:15 - 15:40 Chairman’s Remarks H.E. Fazle Kabir, Deputy Chairman of the Council of the IFSB and Governor, Bangladesh Bank 15:40 - 16:00 Presentation on: Global Regulatory Reforms: What More Needs to be Done and the Challenges for EMEs and Islamic Finance Speaker: Mr. William Coen, Secretary-General, Basel Committee for Banking Supervision, Bank for International Settlements 16:00 - 16:30 Commentaries by Discussants Discussants: 1. H.E. Dr. Ahmed Abdulkarim Alkholifey, Governor, Saudi Arabian Monetary Authority 2. Professor Dr. Mohamed Azmi Omar, Director General, Islamic Research and Training Institute, Islamic Development Bank Group 16:30 - 16:45 Discussion and Q&A Session 16:45 - 17:00 Coffee and Networking Break

The half-day Seminar is designed to encourage broad interaction among the delegates to explore Shariah-compliant Islamic capital market instruments, in particular Sukuk and Securitisation of Assets, to generate liquidity in the global Islamic financial services industry. At a time of implementation of tightened financial regulations, this Seminar seeks to raise awareness on the readiness of Islamic financial institutions to meet the new requirements, particularly on liquidity, while also highlighting opportunities available to various bodies (e.g. regulatory authorities, capital market players, legal firms) to support the industry’s liquidity management needs. The opening remarks will be delivered by Mr. Ian Johnston, Chief Executive, Dubai Financial Services Authority and Mr. Zahid ur Rehman Khokher, Acting Secretary-General, IFSB The confirmed panelists are: Basheer Ahmad, Dubai Financial Services Authority, UAE Ismail Dadabhoy, Islamic International Financial Market (IIFM), Bahrain Dr. Mohamed Damak, S&P Global Ratings, UAE Debashis Dey, White & Case LLP, UAE Khalid Howladar, Acreditus, UAE Moosa Tariq Khoory, Dubai islamic Bank, UAE Gregory Man, Norton Rose Fulbright (Middle East) LLP, UAE Prof. Volker Nienhaus, University of Bochum Programme - Event Session(s) Date Time Topics Day 1 30/04/2017 08:30 - 09:30 Registration 09:30 - 09:45 Welcoming Remarks 09:45 - 10:50 Session 1: Panel Discussion: The Role of Shariah-Compliant Instruments in the Islamic Capital Market Liquidity risk management remains one of the most challenging issues within the IFSI as Shariah principles render most of the conventional capital and money market instruments and borrowing windows/facilities as not compliant. This is at a time when revised Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) liquidity requirements under both Basel III & IFSB GN-6 are gradually being put into effect. There is a significant lack of Shariah-compliant high-quality-liquid-assets (HQLA) that meet LCR requirements and, in the past, many Islamic banks are known to have relied primarily on cash and central bank placements as their main liquidity management tools. Shariah-compliant profit-generating tradable instruments are also widely in demand for liquidity management purposes by other Islamic financial institutions, for instance, in the Takaful and the Islamic asset management industries. Given this, how can existing instruments in the Islamic capital market support liquidity management in the IFSI? What are the issues involving the use of commodity murabaha for managing liquidity? Is there a need to develop new ICM instruments based on other commodities such as crude oil? What efforts can be made by various bodies (e.g. regulatory authorities, multilateral organisations, capital market players, exchanges/bourses) to support liquidity management in the IFSI? What are the opportunities available in the ICM to address this gap in the market? 10:50 - 11:10 Networking Break 11:10 - 12:15 Session 2: Panel Discussion: Securitisation of Islamic Assets Amid a period of liquidity pressures in key IFSI jurisdictions, influenced by prolonged low energy prices and fiscal tightening, an option for Islamic financial institutions with long-term non-tradable assets is to explore securitisation. The global financial crisis tarnished the image of securitisation, to some extent, but building on the lessons learned from the crisis, Shariah-compliant structures could enable Islamic banks to more easily meet revised capital and liquidity regulations. For instance, structures could enable an efficient offloading of non-tradable assets from their balance sheets to improve capital ratios; monetise previously illiquid assets to enhance liquidity; and facilitate raising of cheaper funding at an asset level as opposed to the bank level. The key challenge is in structuring an Islamic financial securitised instrument that meets Shariah requirements and avoids the problems that contributed towards the crisis. 12:30 - 13:30 Networking Lunch

The 11th edition of the IFSB-INCEIF Executive Forum, themed Creativity and Innovation in Islamic financial products: Standardisation and Competitiveness, aims to push the current boundaries and explore the capabilities of the Islamic finance industry to innovate and develop an array of products to satisfy different customer demand segments. This Executive Forum also aims to delve into and draw upon the market player's perspectives on product development and innovation in Islamic finance. Innovation and creativity will be the buzz words of this Executive Forum. It aims to provide a platform for presenting diverse sets of product innovations, where participants are expected to enrich the discussions with suggestions for enhancements towards reaching greater heights for the industry. This Executive Forum will also highlight the challenges facing market players as well as banking supervisors in ensuring that robust Shari’ah governance structures are in place during product design and execution. It is expected that the participants, from among industry players and supervisors, will brainstorm and participate in in-depth discussions on a wide range of Islamic finance instruments. Among them equity/risk-sharing structures, consumer finance, structured trade finance and other instruments serving niche markets. These sessions will aim at illuminating issues related to promoting both standardisation with healthy competition in Islamic banking, Takaful, ICM while at the same time exploring the potential use of, and contribution to, Fintech and Financial inclusion, respectively. Confirmed expert speakers in the Executive Forum include: Dr. Salman Syed Ali (IRTI-IDB Group), Professor Dr. Younes Soualhi (ISRA), Professor Dr. Syed Abdul Hamid Al-Junid (INCEIF), Owais Ansari (FWU Group, Germany), Wan Norhaziki Wan Abdul Halim (Asian Finance Bank), Roslan Abdul Razak (Perbadanan Waqf Nasional Berhad) and Assoc. Prof. Ahcene Lahsasna (Malaysian Financial Planning Council), Umar Munshi (Ethis Ventures), Abdul Rahman Mohd Yusoff (OCBC Al Amin), Hizamuddin Jamalluddin (Bank Islam Malaysia). The Executive Forum is a paying event. Special rates are offered to all member of the IFSB. Enjoy group discount of 10% when you register 3 or more participants from the same organisation. (Not applicable to subsidiaries and affiliated companies) For further enquiries, please email to Mr. Ifran Tarmizi at [email protected] . Programme - Event Session(s) Date Time Topics Day 1 16/08/2017 08:30 - 09:30 Morning Coffee and Registration 09:30 - 09:45 Opening Address MR. ZAHID UR REHMAN KHOKHER, Acting Secretary General, IFSB 09:45 - 11:15 Session 1: Overview of Islamic Banking Products – Principles and Parameters Innovative structures and delivering impactful services Legal and taxation frameworks and products innovations in IFSI Product Innovations in the IFSI – Market-driven vs Regulators requirements SPEAKER: DR. SALMAN SYED ALI, Senior Research Economist, IRTI-IDB Group 11:15 - 11:45 Group Photo and Coffee Break 11:45 - 13:15 Session 2: Consumer Financing Products – Strategies for Innovation Consumer Needs: The starting point for Islamic finance products Marketing Islamic Products: Efficiency, Demand and Supply Transparency in innovation of Islamic finance products SPEAKER: TUAN HJ. ABDUL RAHMAN MOHD. YUSOFF, Head of Shariah, OCBC Al Amin Bank Berhad 13:15 - 14:30 Lunch 14:30 - 16:30 Session 3: Shari’ah Rules in Products Development: Branding , Ethics and Innovation Shari’ah Parameters in Designing New Products: An industry perspective Ijtihad in the development of Islamic finance products MODERATOR: MR. ROSLAN ABDUL RAZAK, Head of Project Development and Structuring, Perbadanan Waqf Nasional Berhad, Malaysia SPEAKERS: MR. WAN NORHAZIKI WAN ABDUL HALIM, Vice President and Head of Shariah, Asian Finance Bank, DR. YOUNES SOUALHI, Head of the Islamic Banking Unit, ISRA 16:30 - 17:00 Coffee Break Day 2 17/08/2017 08:30 - 09:30 Morning Coffee 09:30 - 11:00 Session 4: Innovation in Takaful Avenue for the Industry’s Growth Strategies to expand the Takaful industry Increasing consumer satisfaction in Takaful products Takaful Operators: Achieving commercial targets and beyond SPEAKER: MR. OWAIS ANSARI, Member of the Board of FWU Group, Germany 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5: Fintech and Leveraging on the Industry’s Technological Advancements Fintech avenues in enhancing consumer satisfaction Innovation in financial services, the role of Islamic social finance Fintech for Financial inclusion in the Islamic financial services industry (IFSI) sphere SPEAKER: MR. MOHAMMAD RIDZUAN ABDUL AZIZ, Chief Executive Officer, Sedania As Salam Capital, Malaysia 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 6: Panel Discussion: Innovation in Finance Products: Towards Standardisation and Competitiveness Islamic finance products as tools for financial integration The uniqueness of equity finance and risk for Islamic financial institutions Islamic finance to support international trade MODERATOR: PROFESSOR DR. SYED ABDUL HAMID AL-JUNID, INCEIF PANELIST: MR. UMAR MUNSHI, Founder/ CEO, Ethis Ventures, Singapore PANELIST: ASSOC. PROF. AHCENE LAHSASNA, Vice President, Research and Publication, Malaysian Financial Planning Council PANELIST: MR HIZAMUDDIN JAMALLUDDIN, Group Chief Strategy Officer, Bank Islam Malaysia 16:00 - 16:30 Closing & Certificate Giving Ceremony MR. DZALIN AYUB, Acting President and Chief Executive Officer 16:30 - 17:00 Coffee Break

The IFSB Members and Industry Engagement Session is an initiative by the Secretariat to provide an interactive platform for communication between the key players of the Islamic financial services industry (IFSI), from among the IFSB member and non-member organisations, and the IFSB Secretariat. This Session is held under the auspicious hosting of Bank Indonesia, in collaboration with Otoritas Jasa Keuangan. Mr. M. Anwar Bashori, Head, Department of Islamic Economic and Finance, Bank Indonesia will deliver the Welcome Remarks for the IFSB MIE Session, followed by a presentation by the Acting Secretary-General of the IFSB, Mr. Zahid ur Rehman Khokher on the The Global Islamic Finance Industry and the IFSB. Confirmed panelists in the Interactive Session include: Mr. Ahmad Buchori, Advisor of Strategic Committee and Research Center, Otoritas Jasa Keuangan, Dr. Rifki Ismal, Assistant Director, Islamic Economic and Finance Department, Bank Indonesia, Dr. Nagwa Sheikh Eldin, Assistant Secretary – General, IFSB, Mr. Achmad K. Permana, Secretary General, ASBISINDO (Asosiasi Perbankan Syariah Indonesia). For any queries, please contact Mr. Ifran Tarmizi at [email protected] Programme - Event Session(s) Date Time Topics Day 1 02/10/2017 08:00 - 08:30 Registration 08:30 - 09:00 Coffee Break 09:00 - 09:05 Opening by MC 09:10 - 09:25 WELCOMING REMARKS Mr. M. Anwar Bashori, Head, Department of Islamic Economic and Finance, Bank Indonesia 09:25 - 09:50 THE GLOBAL ISLAMIC FINANCE INDUSTRY AND THE IFSB Mr. Zahid ur Rehman Khokher, Acting Secretary-General, IFSB 09:50 - 11:50 INTERACTIVE SESSION Moderator: Mr. Zahid Ur Rehman Khokher, Acting Secretary - General, IFSB Panelist: Mr. Ahmad Buchori, Advisor of Strategic Committee and Research Center, Otoritas Jasa Keuangan Dr. Rifki Ismal, Assistant Director, Islamic Economic and Finance Department, Bank Indonesia Dr. Nagwa Sheikh Eldin, Assistant Secretary – General, IFSB Mr. Achmad K. Permana, Secretary General, ASBISINDO (Asosiasi Perbankan Syariah Indonesia)