IFN
08:00 – 09:00   Registration & refreshment
09:00 - 09:15   Welcome remarks
Osman Akyuz- Secretary General, The Participation Banks Association of Turkey
09:15 – 09:30   Opening Speech
Huseyin Erkan - Chairman & Chief Executive Officer, Istanbul Stock Exchange
09:30– 10:15
  Session One
    CEO Session: Turkey and the Growth of Participation Finance
    Examining the latest developments in the Turkey participation financing market
   
  Where does participation financing stand in Turkey now?
  The launch of the participation index: What does this mean for the interest-free market?
  Realizing Turkey's potential as a bridge between the Middle East and Europe's Islamic financial markets
  Capitalizing from a stable economy, proximiy to oil-rich gulf nations and raising interest rates
  Learning from the Malaysian and European markets
    Moderator: Oliver Agha - Managing Partner, Agha & Co and Founding Partner Agha & Shamsi
    Panelists: Stella Cox - Managing Director, DDCap
    Avsar Sungurlu - Assistant Managing Director, BMD Securities
    Faisal Alshowaikh - Head Islamic financial Services, ABC International Bank
    Neil D Miller - Global Head Islamic Finance, KPMG
    Eldred Buck- Managing Director, Eiger Trading Advisors
10:15 – 10:30   Presentation
    Dual Tranche Murabahah syndicated financing for Citibank in Turkey
    Mohammed Paracha- Partner & Head Islamic Finance, Middle East & Africa Norton Rose (Middle East)
10:30 – 11:00   Break and networking
11:00 – 12:00   Session Two
    Participation Certificate and the Interest-Free Capital Market in Turkey
    Identifying developments in the participation certificate market since the first issue was released in 2010
   
  On-shore Vs. off-shore participation certificate securitizations
  The market for sovereign and corporate issuances for fund raising purposes
  Tapping the international participation certificate market: Setting benchmarks for corporate issues
  Developing participation certificates as an alternative financing instrument: Reducing reliance on dollars and diversifying risk
  Growing the secondary market: Participation certificate pricing and structural complexity
  Certificate Credit Ratings : Improving Access to international Markets
    Moderator: Rizwan Kanji - Partner, King & Spalding
    Panelists: Yavuz Yeter- Vice President Investment Banking, Kuveyt Turk
      Hulusi Horozoglu - Director, Global Islamic Banking, Citigroup
      Cenk Karacaoglu - Vice President, Asya Katilim Bankasi
      Khalid Howladar- Vice President, Senior Credit Officer, Middle East & Islamic Structure Financing, Moody's Investors Service
      Bircan Akpinar - Head of Corporate Finance Department, Capital Markets Board of Turkey
12:00 - 12:45   Session Three
    Liquidity and the Growth of Islamic Financial Product Base in Turkey
    Addressing the potential for the growth of other interest-free financial products, and increasing Turkey's product base
   
  Addressing the decrease in cross border Murabahah transactions: what needs to be done?
  The market and growth of interest-free products: Syndicated loans, Tawarruq, investment funds
  Discovering the market appetite for Takaful and reTakaful products
  Addressing the absence of participation instruments for central bank funding: Participation certificates, private debt securities, medium-term notes
  Takaful- Opportunities and challenges in emerging markets
  International Islamic liquidity Management Corporation (IILMC): Its role in Turkey in providing liquidity for participation finance products
    Moderator: Mohammed Paracha - Partner & Head Islamic Finance, Middle East & Africa Norton Rose
    Panelists: Arda Akarsu - Senior Manager, Turk Ekonomi Bankasi- BNP Paribas
      Mehmet Fatih Bulac - Vice President & Head International Financial Institutions, Turkiye Finans Participation Bank
      Mohammed Jalaluddin - President, Ansar Financial Group Canada
12:45 – 14:00   Lunch
14:00 – 14:15   REITs Case-Study :Lessons from Malaysia for Turkey in the REIT sector
    Abdulkader Thomas - President & Chief Executive Officer, SHAPE™ Financial Corp.
14:15 – 15:00   Session Four
    Turkey's Participation Finance Regulatory & Taxation Developments
    Examining key developments and reforms facilitating the growth of Turkey's interest-free financial market
   
  Amendments of laws facilitating participation certificate issuance: How has this helped the market?
  The impact of tax neutrality on Sukuk Al-Ijara on the development of Interest-free capital markets
  Turkey’s governing laws: Easing barriers to Shariah compliant products
  Addressing grey areas in laws amended by the Turkish government
  The issue of double taxation: Managing participation products in the current regulatory environment
  Tax effect of an on-shore Vs. off-shore participation certificate
    Moderator: Shibeer Ahmed - Partner, White & Case
    Panelists: Cihat Kostas - Manager Tax Services, PwC
      Rachid Ouaich - Director, Wafra Capital Partners
      Abdulkadir Kahraman - Financial Services Tax Partner & Head of Tax, KPMG Turkey
      Abdulkader Thomas - President & Chief Executive Officer, SHAPE™ Financial Corp.
     
15:00 - 15:15   Closing Keynote Speech
    Dr. Turan Erol- Chief Advisor, Turkish Prime Ministry & Former Chairman, Capital Markets Board of Turkey
     
15.15-16:00   Networking
       

 
IFN2011
 
IFN
 
Sponsor
 
CIMB
 
Booth Sponsors
 
CIMB
 
 
Partner
 
 
Lead Media Partner
 
 
Media Partners
 
 
 
 
 

IFN
 
 
 
     
     
     
 
    Home | Registration | Sponsorship Opportunities | Media | Past Roadshows | Testimonials | Photogallery | Contactus