Workshop on IIFM Standards, Kuala Lumpur

Monday, 10 April 2017
Workshop on IIFM Standards
Islamic Hedging and Liquidity Management – A Practical Approach Monday, 10th April 2017, Room 302 & 303, Level 3, Kuala Lumpur Convention Centre, Kuala Lumpur City Centre, 50088 Kuala Lumpur (Day 1 of IFN Asia Forum)
14:00 - 15:30
Islamic Hedging Standards

- Need for hedging in Islamic finance
- Background and Overall Developments in Islamic Hedging Segment
- ISDA/IIFM Tahawwut Master Agreement (TMA)
    - Unique Clauses and Designated Future Transactions (DFT) Examples
- Islamic Hedging Product Confirmations
    - Islamic Profit Rate Swap
    - Islamic Cross Currency Swap
    - Islamic FX Forward
- Islamic Credit Support Deed
- EU Variation Margin Regulation
- Law Reforms in Islamic Jurisdictions and TMA Legal Opinions


Prof. Dr. Mohamad Akram Laldin, Executive Director, International Shari’ah Research Academy for Islamic Finance (ISRA) and Professor, International Centre for Education in Islamic Finance (INCEIF), Kuala Lumpur
Ijlal Ahmed Alvi, Chief Executive Officer, IIFM
Qudeer Latif, Partner, Global Head of Islamic Finance, Clifford Chance LLP, Dubai

15:30 – 15:45
Coffee Break
15:45 – 16:30
Islamic Hedging Standards (session continues)
16:30 – 17:30
Collateralized Murabahah Standard – Alternate to Repo

- IIFM Standard Collateral Documentation & Guidance Memorandum – Key Features
- Legal aspects such as:
    - Security Interest vs Title Transfer
    - Maintenance of Collateral Level
    - Treatment of Collateral in case of default etc
- Monitoring and treatment of pledge securities for bilateral transactions
- Bilateral and Triparty Collateral Management arrangements


Ismail Dadabhoy, Advisor, IIFM
Qudeer Latif, Partner, Global Head of Islamic Finance, Clifford Chance LLP, Dubai
Mohamed Dagher, Head of Account Management - Middle East, Africa & CIS, Euroclear Bank SA/NV, Dubai Representative Office

End of Workshop