An Overview of the Islamic Capital Market

Transcription

1 An Overview of the Islamic Capital Market 27 May 2013 (Monday), 5.30 p.m. to 7.00 p.m. (1.5 Hours) Programme Session 1 (15 minutes) The Key Principles and Underlying Values of Islamic Finance - Fundamentals of Shariah (Islamic Law) - Difference between Conventional and Islamic Financial System Mr. Haji Razli Ramli Senior Managing Adviser, Islamic Banking and Finance Institute Malaysia (IBFIM) Session 2 (15 minutes) The Global Islamic Finance Today Mr. Amirullah Haji Abdullah Adviser, Islamic Banking & Finance, Nova Training and Education Institute ( NOVA) Session 3 (45 minutes) An Overview of Islamic Capital Market and Underlying Principles and Concepts Applied - Islamic Bonds (Sukuk) - Islamic Equities - Islamic Exchange Traded Funds Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali Distinguished Fellow, Islamic Banking and Finance Institute Malaysia (IBFIM) Session 4 (15 minutes) Next Steps for Islamic Capital Market in Hong Kong Panel Speakers: Mr. Mohamad Najib COO, IBFIM Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali Distinguished Fellow, IBFIM Mr. Haji Razli Ramli Senior Managing Adviser, IBFIM Mr. Amirullah Haji Abdullah Adviser, Islamic Banking & Finance, NOVA 1

2 Haji Razli Ramli Head/Senior Managing Adviser Shariah Business Advisory IBFIM (Islamic Banking and Finance Institute Malaysia) Razli Ramli brings with him over 20 years of experience in banking and finance, with 15 years in Islamic finance. His proficiency lies in the transformation of traditional banking operations into Shariah-compliant operations. His major contribution to the industry is the implementation of the Islamic Banking Division at a Chinese based bank in Malaysia and the development and implementation of Shariah-based financing products in many institutions including one of the country s largest financial institutions. Currently, he sits in the Think-Tank Group of Jabatan Wakaf, Zakat and Haji (JAWHAR) under the Ministry of Prime Minister and also appointed by Asian Institute of Finance (AIF) as a Curriculum Panel to the professional development of learning programs for financial institutions in Malaysia. Prior to joining IBFIM he was appointed as secretary of a renowned financial institution s Shariah Advisory Council. He is a proficient trainer in operational aspect of banking and finance, where he has been invited to share his experience in Russia, Maldives, France, China, United Arab Emirates, Yemen, Brunei, Hong Kong, Kingdom of Saudi Arabia, Singapore and Sri Lanka. He is also an invitee lecturer for local and international universities. At the same time, he is an avid writer on Islamic financial matters. His articles have been published in local newspapers/magazines and an international magazine. In 2007, his first book entitled Islamic Hire Purchase The Handbook was published by IBFIM. In 2011, 3 more practical books have been published by IBFIM The Islamic Banking Practices From the Practitioner s Perspective, Panduan Asas Perbankan Islam ( Basic Guide in Islamic Banking ) and Islamic Banking Recovery Process. His latest publication in 2013 Issues in Islamic Finance from the practitioners perspective. Razli obtained his Bachelor of Economics from Flinders University of South Australia in

3 Amirullah Haji Abduallah, LLB; PMP Advisor Islamic Banking & Finance Nova Training and Education Institute Amir is legally trained and has served the banking and finance sector for 25 years. His last corporate position was the Vice-President-Islamic Banking of the largest financial institution in Malaysia. His previous positions include the Vice President-Branches / Operations in the same financial institution. Amir is the current Technical & Strategic Advisor to a Muslim-based Non-Governmental Organization (NGO) and was the Charter Member, of the Malay-Arab Business Council of Malaysia. His forte is in the areas of Islamic Banking and Finance, Marketing, Strategic Planning, Performance Optimization and Specific Human Capital Development areas and his expertise are sought after by clients in the Middle East North Africa (MENA) and ASEAN region. Amir is a Council member of an International consulting entity based in the United States of America. He is also an Advisor of several Halal manufacturing concerns specializing in the areas of Halal products in the Pharmaceutical & personal care sectors. He is also the Panel Member of Industry Specialists specializing in Halal Operation, Islamic Banking & Manufacturing of SME Bank. An avid writer, Amir has also acted as Subject matter expert for authors on Islamic Banking and Finance & he has written and published manuals on Investment and Islamic Banking & Finance for selected Banking institutions in Malaysia. He has presented intellectual papers in international conferences & Colloquiums and has participated in specific subject matter discussions in both local and foreign media. 3

4 Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali Distinguished Fellow, Islamic Banking and Finance Institute Malaysia (IBFIM) A Distinguished Fellow at IBFIM, Mr Kamil currently serves as an Islamic Capital Market Consultant to the Securities Commission Malaysia and immediately prior to that having an extensive industry track record in the Islamic finance industry including: successful development on the concept of Ar Rahn consumer financing (a mechanism currently widely adopted by the Islamic pawnshops in Malaysia) for Permodalan Kelantan Berhad; advisory role in the Shariah structure and origination of the first RM 1 billion Islamic Asset Backed Securitization (ABS) exercise arranged by Abrar Discounts Berhad; pioneered the development of several Islamic Capital Market products such as: Murabahah Notes Issuance Facility (MuNIF) commercial papers Bai Bithaman Ajil Islamic Debt Securities (BAIDS) and BAIDS with Warrants Musharakah Debt Securities Qardhul Hasan Debt Securities with Warrants. He is also a member of: the Islamic Capital Markets Working Group of Securities Commission, Malaysia the Task Force on Islamic Banking and Takaful for Labuan IOFC the Private Debt Securities Task Force, Bank Negara Malaysia Between 2002 to 2006, Mr Kamil was representing Labuan Offshore Financial Services Authority, Malaysia as a member of the Market & Product Development Committee of Bahrain-based International Islamic Financial Market (an entity set up by regulators of several Islamic finance jurisdictions which focuses on the global standardization of Islamic Capital & Treasury markets products, documentation and related processes). 4

5 Mohamad Najib Shaharuddin Chief Operating Officer IBFIM Picture CPA (Australia) Contact details: Tel: Background & Experience Najib s involvement in global Islamic finance industry covered stints in domestic and international finance in Malaysia and the Middle East. He started with Bank Islam Malaysia, the first Islamic banking group in Malaysia assuming operational roles in branch network, corporate and international banking, offshore trust services and financial management. He was also involved in the oversight functions in the Group s retakaful unit, ASEAN Retakaful International (L) Ltd. He was later enlisted to lead the transformation of the Islamic banking window of EON Bank Berhad into EONCAP Islamic Bank Berhad, a subsidiary unit of the group. Prior to his current responsibilities which he assumed since early 2012, he was heading the finance and investment teams of Mawarid Finance PrJSC, a UAE-based licensed Islamic finance company as well as being a member of the board of directors of Dar Al Takaful PJSC, a Takaful operator listed on the Dubai Financial Market. 5