The International Islamic Finance Forum - Dubai, 13-17 April 2008
Alberto Brugnoni has been invited to the 'Guru Day' on "Ethical Financing And Micro Financing In The Muslim World" held on 13 April to debate with Muhammad Yunus founder of the Grameen Bank and Nobel Laureate 2006. This event has gathered some of the most important international experts on ethical and Islamic finance
Guru Day - Ahmed al-Janahi, Banking for the Unbanked. A case for wealthy economies 'Dubai as a model'
Introduction to the policies of the Noor Bank
Banking for the unbanked.pdf 2.67 MB
Guru Day - Ahmed al-Janahi, Banking for the Unbanked. A case for wealthy economies 'Dubai as a model'
Comments to the presentation's slides
Comment to the slides.pdf 22.84 kB
Day One Focus On Sukuks - Mohammad Shaheed Khan, "Sukuks – Routes To The Islamic Bond Market", Saudi Hollandi Bank,
The presentation has focused on the following topics: The development and rationale of Sukuks, Understanding underlying product structures, Contrasting with conventional alternatives, Controversy on Shari’ah compliance, The way forward
Day One Focus On Sukuks - Moinuddin Malim, "Highlighting The Recent Developments In Sukuks", Badr Al-Islami, UAE
The presentation has touched upon the following topics: Market overview, Current trends, Structural adaption, Shari’ah considerations
Day One Focus On Sukuks - Brian Kettell, "Are Sukuks Truly Islamic? Shari’ah Controversies Regarding Sukuk Compliance", Islamic Banking Training, UK
This presentation focuses on the real nature of Sukuk and on the Shariah controversies with regard to their compliance. It specifically touches upon the following topics: Ownership of assets, Regular distributions, Principal guarantees, Did Sukuk miss the sub-prime bond crisis?
Are Sukuk Islamic.pdf 141.02 kB
Day One Focus On Takaful - Peter Hodgins, "The Legal Factors Impacting Upon The Growth Of The Industry", DLA Piper Middle East LLP, UAE
The presentation referred to the rate of development of the Takaful sector which is higher than its rivals in the conventional sector and has developed the following themes: What are the factors that are driving this growth and what advantages does Takaful offer to conventional insured, How are the regulatory developments in the GCC assisting Takaful operators in sustaining growth, What are the legal challenges that lie ahead?
Day One Focus On Takaful - Omar Fisher, "Wealth Building Using Takaful: Tools And Techniques",T’azur bsc (c), Bahrain
These are the main points of the presentation: What is wealth in Islamic context, How to build wealth, How Takaful plans can accelerate Islamic wealth creation, Tools and techniques for long term saving
Day One Case Studies - R. Madawela and A. M. Saleem "Shari’ah Compliant Micro Finance Overview Of Urban Poverty Amongst The Muslim Community In Sri Lanka", RIU and Muslim Aid Sri Lanka
Presentation on: Review of Shari’ah compliant micro finance approaches to solving the issues; evaluation and impact assessment from the perspective of the Islamic bank (lender); the NGO (project implementer) and the beneficiary
Day One Case Studies - P. Robinson and N. Karim, “FINCA International's Experience in Afghanistan”, FINCA, Afghanistan
The presentation has focused on the following points: Developing a Shari’ah-compliant product suited to the religious and financial needs of Afghan micro-entrepreneurs; Taking this product to scale to reach larger numbers of the poor in general, and women in particular
Day One Focus On Islamic Accounting Standards - Shabnam Mohamad Mokhtar, “Displaced Commercial Risk, Alpha And Capital Adequacy In Islamic Banks”, University Putra Malaysia
Presentation on: What is capital adequacy, What is Displaced Commercial Risk (DCR) and why does it exist in Islamic banking operations, Relationship between alpha and DCR, How Islamic banks are managing DCR, How does alpha and DCR affect capital adequacy requirements of Islamic banks
Displaced Commercial Risk.pdf 3.07 MB
Day One - Focus On Islamic Treasury Management - Mas’od Mazlan, “Addressing The Short Term Deposits Versus Long Term Assets In Treasury Management”, CIMB Islamic, Malaysia
The points touched upon by the presentation are the following: Current deposits versus assets scenario, Funding and liquidity requirement, Issues in managing mismatches
Day Two Focus On Islamic Social Responsibility – S. Farook, “Islamic Social Responsibility And Corporate Governance: Transforming Islamic Finance Into A Value Proposition”, BIBF, Bahrain
This presentation proposes a reassessment of the IFSI to bridge the gap between consumer expectations about the basically fair nature of Islamic finance and today's realities
Day Two Focus On Islamic Alternative Asset Classes - Danièle Tohme Adet, “ETFs – The First Islamic ETF On Global Index And Launching The First Asian Islamic ETF”, BNP Paribas Asset Management, France
Presentation of the bank leader on the shariah-compliant ETF
The First Islamic ETF.pdf 511.31 kB
Day Two Focus On Islamic Alternative Asset Classes - Zainal Izlan Zainal Abidin, “Looking At Shari’ah ETF: The Malaysian Experience “, i-VCAP Management Sdn Bhd, Malaysia
Presentation on the malaysian experience of the ETF
Day Two Focus On Islamic Alternative Asset Classes - Ian C. MacDonald, “Exploring New Opportunities : Gold As An Investment Asset Class And The Case For Gold”, DMCC, UAE
Presentation on sharia-compliant gold investments
Day Two Focus On Islamic Retail Banking - Ossama Salah El Din, “Tapping The Emerging Boom In Islamic Retail Banking”, Sharjah Islamic Bank, UAE
Presentation on the necessity to innovate in the area of retail banking
Day Two Focus On Islamic Retail Banking - Abdulazeem Abozaid, “Islamic Credit Cards Getting Noticed - Understanding The Structure And Mechanism Of Credit Cards”, Emirates Islamic Bank
Presentation on the sharia-compliant version of the credit cards
Islamic Credit Cards.pdf 205.02 kB
Day Two Focus On Islamic Retail Banking - Ruslena Ramli, “Innovation in Islamic Retail Products - A Comparative Update Between GCC And Malaysia” EONCAP Islamic Bank Berhad, Malaysia
Comparative presentation between the retail banking activities in the Gulf and those in Malaysia