Yearly Archives: 2021
IFN Singapore OnAir Forum 2021
Land of Opportunity: Shariah Compliant Finance and Asset Management in Singapore What does the Singaporean Islamic finance and asset management 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 Singapore? How does Singapore further leverage on its status to become a regional and global center for Shariah compliant asset and investment management? Can Islamic finance be further deployed to fund the Singaporean SME, corporate and government-linked sector? Are the salient features and benefits of Islamic finance being effectively deployed to promote financial inclusion and social impact in Singapore, and if not, what more can be done to…
Keynote Address Muhamad Umar Swift, CEO, Bursa Malaysia
Keynote Address Muhamad Umar Swift, CEO, Bursa Malaysia
Welcome Address
The Right Honourable The Lord Mayor of the City of London, William Russell
Issues facing Islamic Banks and Islamic Financing in Oman
We address two current, important operational issues influencing Islamic financial institutions and financial products in Oman. Firstly, we examine the enforceability of Islamic finance contracts in the Sultanate and assess mechanisms for dispute resolution, the role of the courts and arbitral tribunals. We ask if Islamic finance contracts are recognized in their own right, whether they are differentiated from conventional products, how regulatory bodies have responded to registration of security charges in Islamic finance contracts, and what precedents have been established in cases of default. Secondly, with the global transition to risk-free rates, what are the implications for Islamic financial products in Oman and the Gulf region? We seek the views of an expert panel. Moderator: Asad Qayyum, Managing Partner,…