Conference Day One: Monday, 20 April 2009

08.50 Chair’s Opening Remarks

Khaled Hassan Rashed Chief Executive Officer CORECAP

09:00 Opening Keynote: QFC And Islamic Finance

Stuart Pearce
Chief Executive and Director General
QATAR FINANCIAL CENTRE AUTHORITY

Recent Developments 09.10 Keynote: The Need For Innovation To Drive The Growth In The Islamic Finance Industry Analysing the latest economic developments The need for innovative Islamic products and structures to guarantee growth Ensuring stability within your organisation by effective consideration of current risks and opportunities Dr. Fabio Scacciavillani Director Microeconomics & Statistics Dubai International Financial Centre Authority (DIFCA)

09:40 Keynote: Assessing The Implications Of The Global Credit Crisis On Islamic Finance Institutions

• What is the Islamic finance industry’s true level of exposure to the financial crisis?
• What happens if and when assets start tanking?
• Minimising the effects of the credit crisis on your own organisation

Khaled Hassan Rashed Chief Executive Officer CORECAP

10:40 EXCLUSIVE EXTENDED SESSION: The Sharia Open Forum

An outstanding chance to ask leading Sharia scholars about their interpretation of Islamic law and Sharia-compliant finance. Essential topics include:

• What elements of Islamic finance can be standardised?
• Mudaraba and Musharaka sukuk
• Is wa’ad the next star in Islamic banking?

Scholars:

Dr. Hussain Hamed Hassan Chairman – Fatwa and Sharia Supervisory Board DUBAI ISLAMIC BANK and DUBAI FINANCIAL MARKET (DFM) Sheikh Nizam Yaquby Sharia Scholar BAHRAIN Sheikh Mohamed A. Elgari Professor of Islamic Economics KING ABDULAZIZ UNIVERSITY

Dr. Aznan Hasan Assistant Professor of Islamic Law INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA Dr. Muhammad Imran Usmani Sharia Scholar MEEZAN BANK Dr. Mohammed Burhan Arbouna Head of Sharia Compliance UNITED INTERNATIONAL BANK

12.00 Keynote: Islamic Finance In Qatar: Past, Present And Future

• Evaluating the advantages and disadvantages of the GCC model for Islamic finance
• Determining future focus – retail, corporate or investment?
• Examining the specific business opportunities for Islamic financial institutions and for non-Islamic issuers presented by the Qatari market

R. Seetharaman
CEO
DOHA BANK GROUP

Global Standardisation

13.30 Keynote: The Launch Of The World’s First-Ever Standardised Master Agreement In Islamic Finance

• Analysing the IIFM Master Agreement for Treasury Placement (MATP) and what it means for the industry
• Quantifying the cost and resource savings for Islamic finance institutions
• Maximising transparency, consistency and robustness in over US$100 billion worth of Commodity Murabaha financial transactions

Ijlal Ahmed Alvi
CEO
IIFM

14.00 Panel Session: What Is The Role Of Islamic Finance In The Future?

• Is standardisation necessary to fuel and sustain the growth rate of Islamic finance across borders?
• What is the implication of IT in Islamic Banking
• How should Islamic finance fit into the conventional system?

Moderator:

Ijlal Ahmed Alvi
CEO
IIFM

Panelists:

Dr. Hussain Hamed Hassan Chairman – Fatwa and Sharia Supervisory Board DUBAI ISLAMIC BANK	Dr. Muhammad Imran Usmani Sharia Scholar MEEZAN BANK
Badlisyah Abdul Ghani CEO CIMB ISLAMIC	Naji Moukadam President PATH SOLUTIONS

14.40 Panel Session: Increasing Transparency To Achieve Standardisation Of Islamic Finance

• Can fatwa become binding if the decision-making process behind them is revealed and agreed upon?
• Building a legal trail - documenting decisions to ensure future referral is possible
• Forming a solid process to make fatwa binding

Moderator:

ljlal Ahmed Alvi
CEO
IIFM

Panelists:

Sheikh Nizam Yaquby Sharia Scholar BAHRAIN

Dr. Mohamed Ali Elgari Professor of Islamic Economics KING ABDULAZIZ UNIVERSITY

R. Seetharaman CEO DOHA BANK GROUP

15:50 Driving Industry Growth By Implementing The Correct Level Of Regulation In Capital Markets

• Tailoring a regulatory framework that supports the fundamental principles of the jurisdiction in which you are situated
• Advantages and disadvantages of different regulatory frameworks – focus on GCC, Far East, Europe, USA and secular states
• Evaluating the role of institutional pressure in driving effective regulation

Michael Webb
Managing Director, Financial Sector Development and Policy
QATAR FINANCIAL CENTER REGULATORY AUTHORITY (QFCRA)

16:20 Panel Session: Addressing The Shortage Of Expertise In The Global Development Of Islamic Jurisprudence

• Quantifying the shortage of expertise and the implications for Islamic jurisprudence in the future
• Can regular financial lawyers be trained to effectively advise on matters of Islamic finance?
• Is this the catalyst that the industry requires for standardisation?

Panelists:

Jawad Ali Partner KING & SPALDING	Dr. Aznan Bin Hasan Assistant Professor of Islamic Law INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA
Dr.Mohammed Burhan Abouna Head of Sharia Compliance UNITED INTERNATIONAL BANK	Arsalaan Ahmad Siddiqi Corporate Banking - Financial Institution AL RAJHI BANK

17.00 Close Of Summit Day One

[ Register Now] · [ Next: Conference Day Two: Tuesday, 21 April 2009 ]