IFN OnAir

Sukuk in Turkiye are gaining serious momentum. Ahmet Tacer of Golden Global Investment Bank, explains to Vineeta Tan the factors driving this phenomenon. 

Radhika Das, IFN Journalist, interviews Ahmed Ali Siddiqui, Senior Executive Vice President & Head of Shariah Compliance, Meezan Bank, on the Sukuk market in Pakistan

Introduction

Vineeta Tan, Managing Editor and Director, Islamic Finance news

Exploring Non-Rupiah Funding Routes and Shariah Compliant Options for Indonesian Corporate Issuers 

• The Indonesian corporate finance market and how it has evolved.
• Assessing funding options for Indonesian corporate issuers: capital markets vs bank financing vs alternative funding (P2P and equity crowdfunding).
• Offering an overview of the legal, tax and regulatory environment for Indonesian corporate capital raising.
• Rupiah versus non-Rupiah denominated corporate financing and capital raising activities.
• Shariah bank and syndicated financing versus the Islamic capital markets: comparisons and contrasts.
• Common non-Rupiah Sukuk structures and their applications for corporate issuers.
• Balance sheet management: asset-based versus asset-backed structures, and Rupiah versus non-Rupiah.
• Other key considerations for potential issuers of Shariah compliant facilities: tenor, rating, risk management, liquidity, credit enhancement, investor base.
• The opportunities offered by Shariah compliant, non-Rupiah green, transition and sustainability linked capital raising products.

Moderator:

Elias Moubarak, Partner, Trowers & Hamlins

Panelists:

Aditya N W Martowardojo, Director Corporate Client Solutions, PT CIMB Niaga Sekuritas
Bilal Parvaiz, CEO, Standard Chartered Saadiq
Ritesh Agarwal, Head of Debt Capital Markets, Investment Banking, Emirates NBD Capital
Romy Buchari, Shariah Banking Director, Maybank
Zach Ang Chiang Yong, Head, Asia Clients, GLCs and Financial Sponsors, CIMB

How is Islamic investment being channeled into energy transition and related technologies, such as hydrogen? How are innovative activities such as carbon trading driving sustainable investing, and what opportunities are presented by the carbon markets? How are investors encouraging portfolio companies to manage long term climate related risk and social impact? What is a realistic assessment of regional ESG guidelines and global taxonomies and their influence on Islamic investors? We seek the views of an influential panel.

Moderator:

Vineeta Tan, Managing Editor and Director, Islamic Finance news

Panelists:

Arshad Nuval Othman, Head, Sustainable Finance, CIMB Islamic
Ee Siew Pek, VP, Marketing and Product Development, Carbon Market, Bursa Malaysia
Mohamad Irwan Aman, General Manager, Sustainability, Sarawak Energy
Mushtaq Kapasi, Managing Director, Chief Representative, Asia Pacific, International Capital Market Association

How is private capital influencing regional financial markets? How is private credit transforming Southeast Asian corporate financing, and what approach should regulators take? What are opportunities for private equity investment and how can this market be effectively navigated? What are opportunities for early-stage Shariah compliant venture capital in Southeast Asia? How are government and regulator-led initiatives promoting the participation of private capital in projects with positive social outcomes? We seek the views of an expert panel.

Moderator:

Ranjit Singh Gill, Head, Product Development, Kenanga Investors

Panelists:

Ahmad Nazir Che Yen, Business Development Director, DDGI Limited Regional Office
Badrul Hisham Jaafar, Senior Partner, COPE Private Equity
Frederik Wijsenbeek, Partner and Chief Investment Officer, Vemi Capital
Mohammed Parekh, Managing Director, MRP Premier Group

What are the value propositions of Islamic wealth management businesses and products, and what is the size and demographic of the regional Islamic wealth economy? How are financial institutions refining the processes of wealth management to develop products, grow customer bases and build wealth management brands? How are balance sheets being used to transform and upgrade the mass affluent market into wealth management clients? Are Islamic financial institutions sufficiently leveraging on intergenerational wealth and the non-Muslim market, and are opportunities for cross selling wealth management services being capitalized on? We ask a respected panel.

Moderator:

Olga De Tapia, Global Head of ETFs and Indexing Sales and Global Head of Portfolio Advisory Solutions and OCIO Sales, HSBC Asset Management

Panelists:

Anouk Hanafiah, CEO, Eastspring Al-Wara’ Investments
Hakan Ozyon, CEO, Hejaz Financial Services
Geoff Holmes, Group Chief Strategy Officer, Vemi Ventures
Mariam Veronica Abu Bakkar Seddek, Director, Group Head Institutional and Islamic Asset Management, Kenanga Investors
Resham Singh Beera Singh, Managing Director and Regional Head, Consumer Banking, CIMB Islamic

Ong Soon Chong, Head, ETF and ESG Investment, Eq8 Capital

What represents a holistic and efficient Islamic investment ecosystem, and what is an effective regulatory environment to foster growth? What are notable recent developments in global Islamic investment management, including those influencing investment patterns, asset allocation and product innovation? How is technology changing Islamic asset and wealth management, and how is the emergence of private capital influencing the sector? Are suitable Shariah compliant savings and investment products being developed to meet local market needs? What Islamic investment trends have been witnessed in the Gulf that will have influence on the Asian markets? We ask an expert panel.

Moderator:

Elias Moubarak, Partner, Trowers & Hamlins

Panelists:

John Welling, Senior Director Head of Global Equity Indices, S&P Dow Jones Indices
Izad Sallehuddin, CEO, Principal Islamic
Sefian Kasem, Global Head of ETF and Indexing Investment Specialist, HSBC Asset Management
Shahariah Shaharudin, President, Saturna Malaysia
Seong Jiann Koay, Group Chief Financial Officer, MASVERSE

John Welling, Senior Director Head of Global Equity Indices, S&P Dow Jones Indices

Sharifatul Hanizah Said Ali, Executive Director, Islamic Capital Market Development, Securities Commission Malaysia