Program Details
10:00 - 10:05
RECITATION OF THE NOBLE QURAN
10:05 - 10:15
OPENING REMARKS
- Dr. Ahmad Rufai, Acting CEO, IIFM
10:15 - 10:25
KEYNOTE ADDRESS
- Mr. Affendi Rashdi, Director General, Labuan Financial Services Authority (Labuan FSA), Malaysia & Vice Chairman of IIFM
10:25 - 10:35
SPECIAL FOCUS ON INDONESIA SUKUK MARKET
- Dr. Sudarmawan, Economist at the Department of Islamic Economics and Finance, Bank Indonesia
10:35 - 10:45
SPECIAL FOCUS ON PAKISTAN SUKUK MARKET
- Mr. Ghulam Muhammad Abbasi, Executive Director, State Bank of Pakistan
10:45 - 11:00
LAUNCH OF ANNUAL IIFM SUKUK REPORT (15TH EDITION) - HIGHLIGHTS FROM THE REPORT
- Mr. Babar Naseer, Senior Officer, IIFM
11:00 - 11:50
Panel Discussion
Theme: From Form to Substance: Charting the Future of Asset-Backed Sukuk and Documentation Standardization
Panelists Discussion Points:
(1) Form vs. Substance
- Why has the market historically favored asset-based form over asset-backed substance?
- Shari‘ah standards impact on Sukuk structures and issuances.
(2) Asset-Backed Sukuk Structural Challenges
- Navigating legal and legislative obstacles, including true-sale mechanics and bankruptcy remoteness, in key jurisdictions.
- Evaluating investor appetite: Are global markets prepared to assume real underlying asset risk versus traditional corporate credit risk?
(3) Documentation Standardization: IIFM’s strategic leadership in developing standardized templates for asset‑backed Sukuk.
MODERATOR:
- Mr. Ismail Dadabhoy, Islamic Finance Expert, Dubai
PANELISTS:
- Mr. David Testa, Executive Director, DDCAP Group, UK
- Mr. Mohammed Abderrezak, Group Sharia Compliance Officer & Head of AlBuraq, MENA, Bank ABC Islamic, Bahrain
- Dr. Muhammad Al-Amine Muhammad Al-Bashir, Advisor to the CEO on Shariah Matters, The Islamic Corporation for the Development of the Private Sector (ICD), Saudi Arabia
- Mr. Sabir Ahmed, MD, Head Banking & Markets, Group Islamic Banking, Standard Chartered, Dubai
- Mr. Ahmed Ali Almagadi, S.V.P Head, Shariah Support and Development, Saudi National Bank
- Mr. Moeen Qayum, Co-Head – Debt Capital Markets, Trowers & Hamlins LLP, Oman
11:50 - 12:00
CLOSING REMARKS
- Mr. Ismail Dadabhoy, Islamic Finance Expert, Dubai
END OF WEBINAR
The program is subject to change
