IFSB – BIBF Islamic Finance Executive Programme in October 2015 Covers Topics on Islamic Capital Market

28 September 2015, Kuala Lumpur / Manama – The Islamic Financial Services Board (IFSB) and BIBF are organising the second joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series, themed, “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges,” on 5 – 6 October 2015 in Manama, Bahrain.

Among confirmed speakers who will facilitate this IFEP are:

1. Mr. Hani Almandeel, Director, Marketing & Business Development, Bahrain Bourse
2. Mr. Ijlal A. Alvi, CEO, International Islamic Financial Market, Bahrain
3. Mr. Andri Aidham Badri, Partner, Kadir Andri & Partners, Malaysia
4. Dr. Mohammed Burhan Arbouna, Executive Vice President, Head of Shari`ah Compliance, Al Salam Bank, Bahrain
5. Mr. Bernard Barbour, Head of Legal, Compliance & Sharia’a Affairs, QInvest, Qatar
6. Mr. Badlisyah Abdul Ghani, President of the Chartered Institute of Islamic Finance Professional (CIIF), Former CEO of CIMB Islamic, Malaysia
7. Mr. Hani Redha, Head of Dealing Room, Treasury and Capital Markets, BIBF, Bahrain

With the theme “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges”, this second edition of the IFSB-BIBF IFEP will focus on key areas that are expected to be catalysts in driving Islamic capital markets into the next phase of its development. Moreover, by harnessing the views of market practitioners, regulators and academia, it also aims to promote greater understanding of Islamic capital markets through discussions of topical and contemporary issues as well as of the prospects and challenges relating to Islamic capital market products and services.

The sessions will include analysis and deliberations on the current trends and developments of the Islamic capital markets, innovations in Sukuk structures such as perpetual Sukuk, and prospects for cross-border Sukuk. Furthermore, the participants will be exposed to issues related to the development of new markets, Islamic Collective Investment Schemes (ICIS), Shariah-compliant hedging, as well as the role of the regulatory and supervisory authorities in ensuring market integrity, transparency and protection of investors.

The panel session, as a key feature of this IFEP, will highlight key topics in Islamic capital markets relating to the Shariah framework, and the resilience of its supporting infrastructure. The session will seek to develop policy recommendations drawing on the views and experiences of both supervisors and market practitioners.

More specifically, among the topics which will be covered are:

• Development of the Islamic Capital Market (ICM): Progress and Trends
• Innovative Sukuk Structures: A New Path for the Growth of ICM
• Islamic Collective Investment Schemes (ICIS): Promoting Strong Foundations
• Islamic Real Estate Investment Trusts (I-REITs): An Emerging Asset Class for Wealth Management
• Shariah-compliant Hedging Instruments: Addressing the Market Risk Management Needs of the Industry
• Sound Development of the ICM: The Supervisory Role
• Panel Discussion on Building a Vibrant Islamic Capital Market: Key Issues and Challenges

The IFEP is ideal for Regulators and Supervisors of the Islamic Capital Markets, Chief Executive Officers and Board Members of Investment Companies, Originators and Issuers as well as Arrangers/Bookrunners of ICM Products, Senior Management at Credit Rating Agencies. Senior Management of Islamic Capital Market Associations, Senior Managers in the Risk Management, Shariah Governance and Compliance Functions, Auditors, Lawyers, Academicians and Researchers in ICM.

For further information of IFEP, visit www.ifsb.org. or contact Mr. Hamizi Hamzah at [email protected] for enquiries.