Programme

International Islamic Banking & Finance Summit 2012 - Role of Islamic Finance in the Global Economic Crisis

Day One: Wednesday 21st March 2012

Registration
8.00 - 9.00	General Registration
	Registration begins at 8.00am for prompt start at 9.00am. Badges will be available upon arrival at the venue; please visit the venue page for full details on the location of the Summit.

Regulators / Inaugural Panel
9.00 - 10.00	The Regulation of the Islamic Financial & Banking Services Industry: Key Drives for cross border synergy/harmony and pointers for future growth
	Rationale The emergence of Islamic finance as a major force in the world financial system has focused attention on regulatory issues, especially now, as the financial crisis has revealed underlying weakness in the current global financial architecture. International financial regulation seeks to promote stability but the crisis has severely damaged the credibility of the status quo, leading to calls by many to correct its apparent failures before new ones arise. Given this, a variety of alternatives are being proposed and seriously considered. Read more Topics to be discussed: Is Islamic Finance inherently more stable than conventional finance Islamic financial architecture Islamic Regulation & Bassel ll - Happy coexistence or future divergence A single market for financial services - Benefits or cross-border services passport
	For speaker faculty, click here or visit the speakers’ page
10.00 - 10.30	Tea & Coffee Networking Break

Session Two
10.30 - 12.00	International Islamic Retail Banking: Does Innovation hold the Key to Success?
	Rationale International banks have for some time embarked on establishing Islamic centers of product excellence and in some cases using 'Islamic windows' to distribute products to their retail customer base. Some major Islamic retail banks have also expanded their activities cross border. The conventional mid-sized and niche players are aware of the consolidation in the industry, and in some cases have merged or converted to a dedicated Islamic banking operation. The post-WTO era and the liberalisation of foreign ownership regimes have also been an important catalyst in this process. Read more Topics to be discussed: Is innovation the key driver for future growth Addressing the shortage of skilled and experienced professionals in the industry Assessing the current position and future prospects of the Islamic consumer banking market Expanding the retail banking footprint beyond national boundaries
	For speaker faculty, click here or visit the speakers’ page

Session Two

10.30 - 12.00

International Islamic Retail Banking: Does Innovation hold the Key to Success?

Rationale

International banks have for some time embarked on establishing Islamic centers of product excellence and in some cases using 'Islamic windows' to distribute products to their retail customer base. Some major Islamic retail banks have also expanded their activities cross border. The conventional mid-sized and niche players are aware of the consolidation in the industry, and in some cases have merged or converted to a dedicated Islamic banking operation. The post-WTO era and the liberalisation of foreign ownership regimes have also been an important catalyst in this process.

Topics to be discussed:

Is innovation the key driver for future growth
Addressing the shortage of skilled and experienced professionals in the industry
Assessing the current position and future prospects of the Islamic consumer banking market
Expanding the retail banking footprint beyond national boundaries

For speaker faculty, click here or visit the speakers’ page

Session Three
12.00 - 13.30	Islamic Capital Markets & Sukuk - Quantifying the success: Can Sukuk help solve the Global debt problem
	Rationale The greatest growth in the Islamic Finance arena has been in Sukuk markets. The volume of outstanding issues is estimated to be $70 billion globally, a considerable portion of which is listed in Bahrain and Dubai. London has, however, started to follow suit and recently took a positive step towards becoming a global centre of choice for listing Sukuk by establishing the world’s first secondary market for Sukuk. Read more Topics to be discussed: Sukuk vs Conventional bonds - What is the attraction/distinction Expanding the Islamic Capital Markets footprint beyond national boundaries Third party guarantees for Sukuk Which Jurisdiction
	For speaker faculty, click here or visit the speakers’ page
13.30 - 15.00	Lunch & Networking Break

Session Four
15.00 - 16.30	Islamic Funds, Assets & Wealth Managment - Broadening the access, does better product distribution hold the key?
	Rationale The growth of the global Islamic funds sector has brought new opportunities for the financial services industry as Muslim and ethical investors look towards Shariah compliant opportunities as a key component of their investment strategy. Conventional banks are increasingly diversifying into Islamic funds, responding to market demand which has also brought challenges facing managers and investors inclusive of coping with the international regulatory environment, introducing successful Shariah compliant products, capitalising on the growing Islamic Sukuk market - such challenges must be addressed if Islamic funds are to continue to grow and thrive. Read more Topics to be discussed: Regulatory initiatives to strengthen the Islamic investments industry Lessons from the global economic crisis: Strength, stability, growth Are Islamic investments building international reach Which Jurisdictions have exciting potential for growth
	For speaker faculty, click here or visit the speakers’ page

Session Five
16.30 - 18.00	Takaful & Re-Takaful: Stratergies for future Growth & Diversification
	Rationale The Islamic Insurance market has a huge and relatively untapped potential and London once again has an opportunity to take a key role in this lucrative sector. In modern society, insurance is indispensable to trade, industry and finance and has become the most effective vehicle for the mobilization of savings for capital formation and long-term investments. Read more Topics to be discussed: Current developments, latest instruments and contemporaryissues facilitating Takaful and Re-Takaful application Takaful funds for Shariah compliant investment products Addressing the lack of education awareness of Takaful and its benefits Managing the new economic realities in the global Takaful industry
	For speaker faculty, click here or visit the speakers’ page
	End of day one

International Islamic Banking & Finance Summit 2012 - Role of Islamic Finance in the Global Economic Crisis

Day Two: Thursday 22nd March 2012

Session Six
10.00 - 12.00	Open Shariah Discussion: Philosophy of Islamic Banking & Finance System - Role of the Shariah
	Rationale The growth of the global Islamic funds sector has brought new opportunities for the financial services industry as Muslim and ethical investors look towards Shariah compliant opportunities as a key component of their investment strategy. Conventional banks are increasingly diversifying into Islamic funds, responding to market demand which has also brought challenges facing managers and investors inclusive of coping with the international regulatory environment, introducing successful Shariah compliant products, capitalising on the growing Islamic Sukuk market - such challenges must be addressed if Islamic funds are to continue to grow and thrive. Read more Topics to be discussed: What are the new challenges facing the role of Shariah Keeping pace with the accelerating internationalization and complexity of the Islamic Finance industry Moving towards achieving international standardization in Fatwa to support the deverlopment of cross-border transactions Conveying the ethical ethos of Islamic Finance in the current gloabl economic crisis
	For speaker faculty, click here or visit the speakers’ page
12.00	End of Conference.

IIBF SUMMIT

Programme