IFN Roadshow

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Roadshow 2011
Australia Brunei Indonesia Japan Singapore Turkey Thailand

Registration

Press Release

Post Conference

Presentations

Photos

About the Country

08:00 – 09:00

Registration & Breakfast

09:00 – 09:05

Welcome

09:05 – 09:15

Opening Address
A. Riawan Amin - Chairman, Indonesian Islamic Banking Association & Director, CIMB Islamic

09:15 – 09:30

Introduction

09:30 – 10:30

Session One: CEO Session: Indonesia and the Growth of Islamic Finance in 2011

		Recent developments in the Indonesian Islamic financial markets - Growing the market from the current 3% of total banking assets
		Reinvigorating Islamic finance through an "asset conversion policy" - Encouraging government and state owned enterprise to shift assets into Islamic banks
		Competing effectively with the conventional financial system: role of market players
		What are the opportunities local and regional players can look forward to?
		Competing with established Islamic financial markets such as Malaysia. What is Indonesia's competitive advantage?

Moderator:

Mohamad Safri Shahul Hamid - Deputy Chief Executive Officer, CIMB Islamic Malaysia

Panelists:

A. Riawan Amin - Chairman, Indonesian Islamic Banking Association

Baharudin Abdul Majid - President Director, Maybank Syariah Indonesia

Rizqullah Thohuri - President Director, Bank BNI Syariah

Eko Priyo Pratomo - President Emeritus &Senior Advisor, BNP Paribas Investment Partners

Syed Abdull Aziz Jailani Syed Kechik - Chief Executive Officer and Director, OCBC Al-Amin

10:30 – 11:15

Session Two : Indonesia's Regulatory and Tax Agenda in 2011

		What is the tax agenda for 2011 and beyond in Indonesia?
		Tax initiatives by the Indonesian government to grow the Islamic financial market in Indonesia
		The impact of tax holidays on Sukuk and the removal of double taxation on Murabahah products for the development of Islamic Finance
		Tax neutrality in promoting innovation in Islamic securities: Addressing the absence of retroactive clauses in legislative changes
		Learning from the Malaysian tax model to accommodate the Indonesian Islamic financial market

Moderator:

Andrew White - Associate Professor of Law; Director, International Islamic Law & Finance Centre, Singapore Management University

Panelists:

Hanim Hamzah - Resident Partner, Islamic finance, Roosdiono & Partners

Margie Margaret - Executive Director, Financial Services Tax Leader, PwC

Ibrahim Hassan - Chief Executive Officer, Maybank Islamic Malaysia

Mohd. Zahid Abdul Aziz - Director, Muamalah Financial Consulting

Prof Dr Bambang Brodjonegoro - Head of Fiscal Policy Office, Ministry of Finance Indonesia

Ahmadi Hadibroto - Senior Partner, Tax, KPMG Hadibroto

11:15 - 11:45

Coffee Break

11:45 – 12:30

Session Three: Sukuk and the Islamic Capital Markets in Indonesia

		Encouraging growth of corporate Sukuk: Developing attractive corporate Sukuk
		Trading Sukuk in a secondary market versus holding until maturity
		Varying issuing structures and mechanisms to reach a wider investor base: Maximizing liquidity, diversifying funding sources and educating investors
		Market opportunities for sovereign issuances
		Raising funds through Sukuk for the development of infrastructure and the agricultural sector
		Alleviating pressure on domestic debt supply through retail bonds

Moderator:

Ariff Sultan - Business Development Director, Asia , Dow Jones Indexes Singapore

Panelists:

Alhami Mohd Abdan - Head, International Finance & Capital Market, OCBC Al-Amin

Etty Retno Wulandari - Head of Accounting Standard and Disclosure Bureau, Bapepam LK

Farouk A l-Wyni - Executive Director, Intenational Banking & Financial Institution, Bank Muamalat Indonesia

Hooman Sabeti-Rahmati - Partner, Allen & Overy

Madzlan Mohamad Hussain - Partner, Zaid Ibrahim & Co.

U Saefuddin Noer - Head of Indonesia Islamic Banking Division, CIMB Group

12:30 – 13:00

Presentation

Recent Development of Islamic Banking in Indonesia

Dr. Mulya Siregar - Director, Sharia Banking, Bank Indonesia

13:00 – 14:00

Lunch

14:00 – 14:45

Session Four: Growing the Islamic Financial Products Market in Indonesia

		The market and growth of Shariah compliant financial products in Indonesia eg: Fixed income funds, mutual funds and stocks
		Diversifying the Islamic products base: Why is the Indonesian market not tapping a wider product range eg: REITs. ETFs?
		The growth of the Commodity Murabahah market in Indonesia as a result of the removal of double taxation
		Standardization of documentation and structures: Ensuring the legality of Shariah compliant structures
		Developments in the Takaful and retakaful market in Indonesia
		Attracting foreign investment to tap the underpenetrated Islamic capital market

Moderator:

Adrian Gunadi - Director, Retail Banking, Bank Muamalat Indonesia

Panelists:

Azzizi Mohamad Ghazi - Managing Director, Ableace Raakin

Ariff Sultan - Business Development Director, Asia , Dow Jones Indexes Singapore

Jamil Hassan - Principal Consultant, Islamic Banking , Oracle Financial Services Software

Mohamad Damshal Awang Damit - Managing Director, Amundi Islamic Malaysia

Imam Teguh Saptono - Director of Risk, Legal and Compliance, Bank BNI Shariah

Fadlul Imansyah, Vice President - Investment, CIMB Principal Asset Management

14:45 - 15:15

Presentation

MOF Sovereign Sukuk

Riestianti Thohuri - Deputy Director of Fiscal and Sovereign Sukuk Market Analyst, Ministry of Finance Indonesia

15:15 – 16:00

Session Five: Liquidity Management for Indonesian Islamic Financial Institutions

		Restructuring the management of liquidity through effective asset/liability management
		Establishing solid Islamic inter-bank money market instruments
		International Islamic Liquidity Management Corporation (IILM) and its role in aiding the growth of Islamic finance in Southeast Asia and Indonesia
		Securitization of asset backed structures to create liquidity in the Indonesian Islamic capital markets sector
		Increasing investor confidence in the Islamic financial industry through a strong liquidity management system