Yearly Archives: 2021
Presentation
Rofiya Hussain, Chief Product Officer, nomo
Keynote Address
Omar Mustafa Ansari, Secretary General, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)
IFN South Africa OnAir Forum 2021
System Restart: Islamic Banking and Finance in South Africa What does the South African Islamic banking landscape look like in 2021 and what does the domestic Islamic finance ecosystem still require from regulators and market participants for it to flourish across multiple product areas and asset classes? With such measures in place, what would constitute success for participation finance in South Africa? What role is Islamic finance set to play in the recovery of the South African economy as well as that of the regional financial system? Can Islamic banking be further deployed to fund the South African SME, corporate and government-linked sector, as well as infrastructure development? Are the salient features and benefits of Islamic finance being effectively deployed…
The Evolution of Southeast Asian Islamic Financial Technology
The IFN FinTech Landscape identifies 65 Shariah compliant fintech providers in Southeast Asia, making the region an important Islamic fintech centre. How do we assess the rapid evolution of Shariah compliant fintech in Southeast Asia and what is the value proposition, market positioning and comparative advantage of our Islamic fintech offerings? With five digital bank licenses available in Malaysia, and with the digital banking sector in Malaysia about to experience a tectonic shift, what will the challenger banks look like and how will Shariah compliant products feature? Will we witness the successful mass positioning of appealing Islamic digital retail, wealth management and pension offerings in the region? What is the potential for regional government-sponsored fintech growth funds and how would…
Re-evaluating the Value Proposition of Islamic Financial Services in the UK
Re-evaluating the Value Proposition of Islamic Financial Services in the UK Reflecting on an economic recovery and a stable EU departure, is now an opportunity for the UK Islamic financial services industry to reassess its strategy, activities, goals and global competitiveness? Should we ask how the industry has grown and developed over the past five years, how viable Islamic retail, wealth management or pension offerings can be successfully mass positioned in the UK, and how we build more confidence in such products? How do we shift perceptions of Shariah compliant finance from alternative, to complementary and supplementary? How does the recent UK sovereign Sukuk widen the investor base for the UK Islamic capital markets and what does the Bank of…
The Islamic Economy: Improving Livelihoods and Creating Prosperity
With GCC countries looking to kickstart economic recovery through commercial activity, stimulus and technology, it is time for the Islamic economy, and all its components, to show its true mettle. Have we truly grasped the importance of the Halal economy to the prosperity of regional economies, as well as to the continued growth of Islamic financial institutions? What role will regional Islamic financial institutions play in meeting the challenges of the real economy through mobilizing the funding and liquidity support necessary to stimulate the vital SME and corporate sectors? How is financial technology playing a role in regional development and the enhancement of financial inclusion in GCC countries? And through socially impactful strategies, how can Islamic financial institutions inspire and…
IFN Sri Lanka OnAir Forum 2021
Brave New World: Islamic Finance in Sri Lanka What does the Sri Lankan Islamic finance landscape, including Takaful, look like in 2021 and what does the domestic Islamic finance ecosystem still require from regulators and market participants for it to flourish across multiple product areas and asset classes? How can regulatory frameworks and legal codes be developed and implemented? With such measures in place, what would constitute success for Islamic finance and Takaful in Sri Lanka? What role is Islamic Finance set to play in the recovery of the Sri Lankan economy? Can Islamic finance, including Sukuk, be deployed to fund the Sri Lankan corporate and government-linked sector, as well as infrastructure development? Are the salient features and benefits of…
The IFN Green and Sustainable Finance and Investment Dialogue
With COP26 fresh in our minds, what steps can regional governments, policy and standards setters, regulators and financial institutions take to align ESG and sustainable finance and investment with the collective problems it is trying to address, such as climate change? Having witnessed unprecedented recent growth, what, on macro and micro levels, is the sustainable and ESG investment industry today, and what is it not? What investment products and styles do different ESG investors now demand, how can their requirements be satisfied and is there an increasing divergence between Institutional versus retail, and active versus passive? With significant existing convergence between Shariah compliant assets and sustainable investing, what opportunities are there for financing and investment products that satisfy both? Locally,…
Green, Social, Transition and Sustainability-Linked Finance and Investment – Shariah Compliant Options
Green, Social, Transition and Sustainability-Linked Finance and Investment – Shariah Compliant Options As host of the 26th UN Climate Change Conference in November, the UK has an opportunity to drive an important agenda. However, alongside ‘Transition to Net Zero’ and decarbonisation targets, what is realistically achievable and what does net zero mean for sectors such as aviation, oil and gas and other asset-based industries? How are Shariah compliant financing products and assets playing a role in this hugely important transition? How also are Shariah compliant assets funding social impact initiatives in the UK, while contributing to the achievement of the UN SDGs and the Paris Accord? Is a UK sovereign sustainability Sukuk viable in the short term? Beyond the UK,…
Funding Opportunities and Growth: GCC Islamic Corporate Finance and Capital Markets
What do GCC credit markets look like in the coming 12 months, what are the options for potential corporate, sovereign and supranational issuers? How influential are oil prices on regional Islamic capital markets? What are investors demanding in terms of pricing, tenor, rating, structure, as well as other factors such as ESG? What do the major GCC centres offer as listing destinations for Sukuk issuance, as well as other products such as investment trusts and ETFs? How can Shariah compliant instruments, including Sukuk, be further applied to the funding of alternative asset classes in the region? How is technology such as blockchain shaping and influencing Islamic corporate finance and capital markets, considering notable recent innovations by GCC Islamic banks? Finally,…
IFN Qatar OnAir Forum 2021
System Restart: Islamic Finance in Qatar What does the Qatari Islamic finance landscape look like in 2021 and what does the domestic Islamic finance ecosystem still require from regulators and market participants for it to flourish across multiple product areas and asset classes? With such measures in place, what would constitute success for Islamic finance in Qatar? What role is Islamic finance set to play in the recovery of the Qatari economy as well as that of the regional financial system? Can Islamic finance, including Sukuk, be further deployed to fund the Qatari SME, corporate and government-linked sector, as well as infrastructure development? What roles will public-private partnerships and structured real estate finance play in the Emirate, and what do…
Fostering Linkages and Promoting Opportunities between Islamic Finance and Social Finance
Financial activities that deliver tangible social impact represent a range of new and interesting opportunities to deploy innovative community-wide Shariah compliant finance solutions. How can Islamic financial institutions support microenterprises and entrepreneurship through schemes such as iTEKAD in Malaysia? How can Islamic finance play a pivotal role in the development of gender finance products and policies, empowering women, narrowing gender inequality and driving financial inclusion? How can Shariah compliant finance be further applied to social impact initiatives, enriching lives through the advancement of education, health and well-being? With such goals in mind, how do we design effective models and strategies, offer innovative products and measure the impact of these important initiatives? Moderator: Azleena Idris, Director, Corporate Services Division, PayNet Panelists:…