2007

5-6 December 2007 - Frankfurt: 2nd Islamic Financial Services Forum

The forum, entitled 'The European Challenge' has been organized by the IFSB in Frankfurt and has been hosted by the German Central Bank. It has made the point on the current situation and prospects of Islamic finance in the EU

Rifaat Abdel Karim, “Welcoming Remarks”, IFSB

Opening speech of the secretary general of the Islamic Financial Services Board

Rudolf Böhmler, “Keynote address”, Deutsche Bundesbank

Remarks by the German Central Bank on Islamic finance

Zeti Akhtar Aziz, “Islamic Finance: Approaching New Horizons”, Bank Negara Malaysia

The point of view of the governor of the Central Bank of Malaysia on the future of Islamic Finance

Session 1 - Volker Nienhaus, “The Islamic Financial Services Industry”, University of Marburg

General but detailed presentation

Session 2 - Kilian Bälz, "The development of the Islamic Financial Services Industry in Europe: UK, Germany and France", Gleiss Lutz

On Islamic finance in three European countries

Session 2 - Hamid Yunis, “The Development of the Islamic Financial Services Industry in the Middle East”, Taylor Wessing

On developments of Islamic finance in the Middle East

Session 3 - Faisel Hoodbhoy, “DIFX and Islamic Finance”, DIFX

Il ruolo del DIFX nella finanza islamica

Session 3 - Geert Bossuyt, “Recent Developments in Islamic Finance”, Deutsche Bank

On recent developments in Islamic structured finance

Session 3 - Henry Thompson, “Shari’ah Structures: Preliminary Comparison”, ARCAPITA

Presentation on some sharia-compliant financial structures in some EU countries

Session 4 - V. Sundararajan , “Issues and Challenges in the Implementation of Strengthened Supervisory Standards for Islamic Banks”, Centennial Group,

On some issues in supervisory role for Islamic banks

Session 5 - Karl F. Cordewener, “Islamic Finance and Basel II”, Basel Committee on Banking Supervision

On Basel 2 and Islamic finance

Session 5 - Simon Archer, “IFSB Standards – Comparison to Basel II: Capital Adequacy”,

On the relationship between IFSB standards and Basel 2 guidelines

Session 6 - V. Sundararajan, “Transparency and Market Discipline –A Direct Comparison to Basel II”, Centennial Group

On Basel 2 and IFSI transparency and market discipline

Session 6 - Karl-Heinz Hillen, “The IFSB Standards –A Direct Comparison to Basel II”, Deutsche Bundesbank

More on Basel 2 and Islamic finance transparency and market discipline

Session 7 - Elizabeth Robert, “Corporate Governance”, Financial Stability Institute

Presentation by the director of the Financial Stability Institute on corporate governance

Session 7 - Madzlan Mohamad Husain, “IFSB Standards – A Direct Comparison to Basel II”,

The principles of corporate governance for the banks that offer Islamic finance products

18 November 2007- Dubai: Islamic and Ethical Finance

The conference has explored how the Islamic financial industry will develop in the coming years and how it can broaden its appeal to socially aware consumers

Programme

Names of the speakers and topics

Programme

Profile of the speakers

6-7 November 2007- London: Islamic Real Estate Finance

This important two-day event has focused on real estate Shariah-compliant finance issues both in the Gulf countries and in the EU

Michael Essex, "Delivering Sustainable Home Ownership through Affordable Private Sector Housing Finance – the Case of Saudi Home", IFC, Cairo

Presentation of the director of the International Financial Corporation in Cairo

Ayman Sejiny, "Affordable Social Housing - Global Challenges & Islamic Solutions", UNICORN Investment Bank

On sharia-compliant securitization

Sarah Gooden, "Affordable Housing and Islamic Home Finance in the UK", Trowers & Hamlins

Issues with regard to the Islamic real estate market in the UK

Lesley Hamilton, "Mortgage Regulation and Tax Treatment", HR Revenue & Customs

On the UK tax treatment for Islamic financial products

Fahad Al-Zumai, "Which Islamic Mortgage Contract - Murabaha, Al-Bai Bithaman Ajil, Ijara, Diminishing Musharaka", BLME

Presentazione sulle diverse tipologie possibili di mutui islamici

R. Lakshmanan, "Future Trends in Housing Market Segmentation - Residential; Multifamily; Key Workers; Buy-to-Let; Timeshare; Luxury Developments, Equity Release", SAKANA

Development scenarios of the real estate market in the GCC countries

Khalid Howladar, "Islamic Mortgage Securitisation - Towards Creating a Mass of Assets in the GCC", MOODY’S

On some features of the sharia-compliant securitization

Mohammed Amin, "Current Trends & Issues in the Global Real Estate Marketl", PwC

Presentation on global property markets investment opportunities

Aurore Julien, "International Sustainable Engineering - New Solutions in a Green Era", RAMBOIL-WHITBYBIRD

Presentation on a possible meeting point between environmental sustainability and Islamic finance

Liz Peace, "Real Estate Investment Trusts (REITS) - Assessing the Nascent & EU Legislation & Comparing them with the US Market", British Property Federation

Presentation on the current state of the REITs legislation in the UK and the US

Raficq Abdulla, “England as a Preferred Legal Jurisdiction for Islamic Finance”, The Sharia Finance Company

Presentations on the similarities between English Common Law and Sharia

Abdul-Haq Mohammed, “Reforms in Property Ownership, Inheritance & Domicile Laws in the GCC Countries - Progress & Clarifications”, Trowers & Hamlins

Presentation on the laws currently in force in the Gulf countries with particular emphasis on private property

Craig Friedman, “The US Realty Market - Issues & Opportunities for Islamic Investors Beyond the Patriot Act III”, Arch Street Capital Advisors

Anti-terrorism law and Islamic finance in the U.S.

Mehmet Eskici, “Real Estate Market Diversification beyond the GCC - Opportunities in Turkey”, FTG Development

Presentation on real estate opportunities in Turkey

Douglas Smith, “Real Estate Investment Opportunities - the Case of Scotland”, CBRE

Presentation on real estate investment opportunities in Scotland

Rahan Shaheen, "Private Equity - The Gateway to Real Estate Investment. Matching Huge Liquidity Flows with Innovative & Responsible Opportunities", Investment Dar

Private Equity Funds and property investments

Ruggiero Lomonaco, “Use of Islamic Structured Products to Access Real Estate Investment Opportunities”, ABN AMRO

Islamic Structured Finance and real estate investments

Michael Swingler, "Leveraging Demand for Residential Housing Islamic REITS", OASIS

Presentation on Islamic REITs

1-2 November 2007 - London: The International Takaful Summit

Alberto Brugnoni has chaired this summit that gathered in London the principal international actors of the Takaful industry

M. Faizal Dawjee, “Prospects for Islamic Financial Services and Products”, Afkar Consulting

Introduzione geo-demografica alle comunità musulmane in EU

A. Ayabe, “What’s New in Takaful’s Products Range?”, General Manager, Hong Leong Tokyo Marine Takaful Malaysia –

Illustrations of new trends in the world of Takaful

B. Issam Hanbali, “Marketing Financial Services, A Focus in Takaful”, Head of Corporate Communications & Marketing, Solidarity, Bahrain

Arrangements and issues on marketing of Takaful products

J. Bjelanovic, “Contrasting the GCC and the Malaysian Takaful Experience”, Standard & Poor’s Financial Institutions Ratings

Presentation of one of the world's most important rating agencies

J. Gilbert, “A Friendly Society Route to Takaful in the UK”, Consultant, Lovells LLP, UK

Presentazione sull'esperienza delle mutue assicuratve in UK

P. Sharma, “Challenges and Opportunities for Re-Takaful”, Head of Regulatory & Compliance, AON Limited

Presentation on the Islamic reinsurance market

J. Abbas Zaidi, “Rating for Takaful/Retakaful Companies, CEO, Islamic International Rating Agency, Bahrain

Presentation on the rating of Islamic insurance products

4 May 2007 - Padova: "La Finanza Islamica"

A. Brugnoni e M. Mauri have spoken at this evening event organized by PadovaCultura

Ersilia Francesca, I principi economici del Corano

Presentation of some textual references on Islamic finance

25 April 2007 - Dubai: “Sukuk: Exploring the Phenomena”

Alberto Brugnoni has chaired this international event on Sukuk. The summit has gathered the principal world specialists that have debated the issues confronting the Islamic capital markets

INAUGURAL SESSION A. V. Papazian, “Sukuks: A Framework for the Future”, Senior Vice President Innovation and Development, DIFX - Dubai International Financial Exchange

A strategic vision of Sukuk

INAUGURAL SESSION B. Bourland, “GCC Economic Growth and Implications for Debt Market”, Chief Economist, SAMBA

Presentazione e analisi macroeconomica dell'area dei GCCs

INAUGURAL SESSION O. Daouk, “Analysis of Sukuk Market”, Assistant Vice President, Head of Fixed Income, SHUAA Asset Management

On different classes and width of the Sukuk market

INAUGURAL SESSION K. E. Marietta, “Sukuk: A corporate perspective and experience”, CFO TABREED

Presentation on the use of Sukuk by a manufacturing industry

SESSION 1 – Raising Finance J. Jaroudi, “Sukuk Al-Intifa’a”, CEO, Sukuk Exchange Centre Bank “TADAWUL”

Description of a specific class of Sukuk

SESSION 1 – Raising Finance K. Raza, “Nahheel Pre IPO Sukuk Issues – A Case study”, Millennium Capital Limited, Dubai Islamic Bank

Description of the largest Sukuk issue ever made

SESSION 1 – Raising Finance A. Kandasamy, “Sukuk Al Mudaraba - Next Generation Sukuk”, Head of Islamic Financing Solutions, Barclays Capital

Description of a specific type of Sukuk

SESSION 1 – Raising Finance A. P. Saw, “Sukuk Financing for RM950 mil Mukah Coal-Fired Power Plant Using Mudharaba Principle”, Head Corporate Finance Division, RHB Islamic Bank BHD

Description of an industrial financing carried out through the issuance of a Sukuk Mudharaba

SESSION 1 – Raising Finance A. Jachi, “Role of Central Banks in Sukuk Market”, First Vice Governor, Banque du Liban

On the role of the central bank for the regulation of Sukuk

SESSION 2 - Creating Liquidity A. Younis, “Insight into GCC Debt Capital Markets & ADIB’s Usd 5 bn EMTN Program”, Senior Vice President, Head of Financial Control, Strategic Planning & Total Risk Management Division, Abu Dhabi Islamic Bank

Presentation on the GCC countries capital market

SESSION 3 - Sukuk in the West I. Mardam-Bey, “The Eat Cameron Gas SUKUK”, Senior Strategic Advisor & member of the Board of Directors, BSEC Structured Finance

Description of the first corporate sukuk issued in the U.S.

SESSION 4 - Regulation of Sukuk S. Gray, “Fostering a conducive regulatory environment”, Dubai Financial Services Authority

Presentation on the role of DFSA for the regulation of the Sukuk market

SESSION 4 - Regulation of Sukuk E. Karolia, “Sukuks – Tax Structuring”, senior Manager International Tax and Islamic Finance Tax Structuring, PWC

Presentation on some tax issues concerning the issuance of Sukuk

News

Tebyan launches first Shariah Fund

Tebyan Asset Management (Tebyan)... »

Citigroup looking to enter Turkey’s Sukuk market

It seems that Citigroup Europe is... »