ISLAMIC FUNDS & SUKUK SCHOOL(IFASS 2011)21 - 24 March 2011 Crowne Plaza Mutiara Kuala Lumpur, MalaysiaKEY SPEAKERS INCLUDEDr. Mohd Daud Bakar CEO Amanie Business Solutions Sdn BhdTursina Yaacob Associate Director KFH Research Ltd.Assoc. Prof. Dr. Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University MalaysiaMohd Radzuan Ahmad Tajuddin Head, Islamic Capital Market Securities CommissionBy Attending IFASS 2011 You Will Learn:Islamic Capital M
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www.cert.com.my Delegates will receive 2 complimentary books on: Essential Readings in Islamic Finance Resolutions of the Securities Commission Shariah Advisory Council ISLAMIC FUNDS & SUKUK SCHOOL (IFASS 2011) 21 - 24 March 2011 Crowne Plaza Mutiara Kuala Lumpur, Malaysia KEY SPEAKERS INCLUDE By Attending IFASS 2011 You Will Learn: Islamic Capital Market: Overview & Market Outlook Shariah Framework for Islamic Capital Market Regulatory Framework & Governance for Islamic Capital Market Rating in Islamic Capital Market Sukuk Murabahah, Istisna’ & Salam Sukuk Al Ijarah Sukuk Pricing Sukuk Mudharabah & Musharakah Other Exotic Sukuk & Islamic Asset Backed Securities Legal Issues in Sukuk Issuance Global Outlook and Overview of Islamic Funds Islamic Funds Products: I-reits & Bursa Suq Al-sila’ Islamic Private Equity & Venture Capital Islamic Hedge Fund & ETF Islamic Structured Products & Derivatives Performance Analysis of Islamic Funds: A Practitioner’s Perspective Dr. Mohd Daud Bakar CEO Amanie Business Solutions Sdn Bhd Tursina Yaacob Associate Director KFH Research Ltd. Assoc. Prof. Dr. Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia Mohd Radzuan Ahmad Tajuddin Head, Islamic Capital Market Securities Commission Zakariya Othman Head, Islamic Ratings RAM Rating Services Berhad Meor Amri Meor Ayob CEO Bond Pricing Agency Malaysia Sdn Bhd Mohd Effendi Abdullah Director/Head, Islamic Markets AmInvestment Bank Andri Aidham Badri Partner Kadir, Andri & Partners Wan Rizaidy Wan Mamat Saufi Head, Product Development Bursa Malaysia Dr. Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
Transcript
www.cert.com.my
Delegates will receive 2 complimentary books on:Essential Readings in Islamic Finance
Resolutions of the Securities Commission Shariah Advisory Council
ISLAMIC FUNDS & SUKUK SCHOOL
(IFASS 2011)21 - 24 March 2011
Crowne Plaza Mutiara Kuala Lumpur, Malaysia
KEY SPEAKERS INCLUDE
By Attending IFASS 2011 You Will Learn:
Islamic Capital Market: Overview & Market Outlook Shariah Framework for Islamic Capital Market
Regulatory Framework & Governance for Islamic Capital Market Rating in Islamic Capital Market
Sukuk Murabahah, Istisna’ & Salam Sukuk Al Ijarah
Sukuk Pricing Sukuk Mudharabah & Musharakah
Other Exotic Sukuk & Islamic Asset Backed Securities Legal Issues in Sukuk Issuance
Global Outlook and Overview of Islamic Funds Islamic Funds Products: I-reits & Bursa Suq Al-sila’
Islamic Private Equity & Venture Capital Islamic Hedge Fund & ETF
Islamic Structured Products & Derivatives Performance Analysis of Islamic Funds: A Practitioner’s Perspective
Dr. Mohd Daud BakarCEOAmanie Business Solutions Sdn Bhd
Tursina YaacobAssociate DirectorKFH Research Ltd.
Assoc. Prof. Dr. Engku RabiahAdawiah Engku AliAhmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
Mohd Radzuan Ahmad TajuddinHead, Islamic Capital Market Securities Commission
Meor Amri Meor AyobCEOBond Pricing Agency Malaysia Sdn Bhd
Mohd Effendi AbdullahDirector/Head, Islamic MarketsAmInvestment Bank
Andri Aidham Badri PartnerKadir, Andri & Partners
Wan Rizaidy Wan Mamat SaufiHead, Product Development Bursa Malaysia
Dr. Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
PRACTICAL APPROACH FOR CO
PROGRESS AND GROWTH OF ISLAMIC CAP
DAY ONE : 21 March 2011 (Mon)
DAY TWO : 22 March 2011 (Tue)
0830 : Morning Coffee and Registration
0900 : Welcome Remarks from the Chair
0910 : ISLAMIC CAPITAL MARKET: OVERVIEW AND MARKET OUTLOOK
Overview of Islamic Capital Market Development of ICM in Malaysia and global
market Is Malaysia leading the way for the ICM? Market outlook for ICM Issues, challenges and future of ICM
Tursina Yaacob Associate Director KFH Research Ltd.
1030 : Tea Break
1100 : SHARIAH FRAMEWORK FOR ISLAMIC CAPITAL MARKET
Islamic investment ICM and Islamic law Methodologies of investment Islamic capital market Instruments of Islamic capital market Principles of Shariah compliance Contracts in Islamic capital market
Assoc Prof Dr Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1230 : Lunch
1400 : REGULATORY FRAMEWORK AND GOVERNANCE FOR ISLAMIC CAPITAL MARKET
Regulatory framework for ICM Role of Securities Commission in ensuring the
development of ICM SC’s Capital Market Master Plan (CMP) SC’s Guidelines on the Offering of Islamic
Securities Governance for ICM
Mohd Radzuan B Ahmad Tajuddin Head, Islamic Capital Market Securities Commission
1530 : Tea Break
1600 : RATING IN ISLAMIC CAPITAL MARKET
How Sukuk is rated? The importance of Sukuk rating Factors affecting the rating of Sukuk Issues and challenges in rating a Sukuk issuance
The phases in structuring Sukuk: Primary level - debt creation via sale
• Debt creation - sale based• Guidelines on the offering of Islamic Securities• Structures of debt-based Sukuk - Murabahah
and Istisna’ Shariah issues
• Issues on Bay’ al Inah• Asset suitability - tangibles, intangibles,
financial assets, government award / concession rights
Secondary level - debt securitization and trading• Secondary market for Sukuk• Trading of debt securities?• Bay’ al Dayn with discounting?
Legal documentation & related issues
Assoc Prof Dr Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1030 : Tea Break
1100 : SUKUK AL IJARAH
Tradibility Ownership issue Purchase undertaking in Sukuk al Ijarah? Rental rate Redemption of Sukuk al Ijarah – at par value? Buy-back arrangement Risk profile of Sukuk al Ijarah Lease and lease back? Head lease & Sub lease?
Assoc Prof Dr Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
THE PROGRAMME (21 – 24 March 2011 )
OMPREHENSIVE UNDERSTANDING OF ISLAMIC FUNDS, INVESTMENT
ITAL MARKET THROUGH DEDICATED AND INNOVAT
DAY THREE: 23 March 2011 (Wed)
1230 : Lunch
1400 : SUKUK PRICING
How to price Sukuk? Factors affecting Sukuk pricing Benchmarking Secondary market pricing Competitive pricing
Meor Amri bin Meor Ayob CEO Bond Pricing Agency Malaysia Sdn Bhd
1530 : Tea Break
1600 : SUKUK MUDHARABAH AND MUSHARAKAH
Definition of Mudarabah and Musharakah Sukuk Basic structure
Assoc Prof Dr Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1700 : GROUP EXERCISE 1
1730 : END OF DAY TWO
0830 : Morning Coffee and Registration
0900 : Welcome Remarks from the Chair
0910 : OTHER EXOTIC SUKUK AND ISLAMIC ASSET BACKED SECURITIES
Definition of asset-backed securities Islamic asset-backed securities: basic structure The criteria for the assets that can be securitised
as IABS What are needed for IABS structure? True sale criteria The special purpose vehicle Benefit of asset backed securitization Challenges in issuing IABS
Mohd Effendi Abdullah Director / Head, Islamic Markets AmInvestment Bank
1030 : Tea Break
1100 : LEGAL ISSUES IN SUKUK ISSUANCE
Effective legal documentation Transparent dealings Adequate investor protection Sukuk default: Case study
1400 : GLOBAL OUTLOOK AND OVERVIEW OF ISLAMIC FUNDS
Development of Islamic funds in Malaysia and around the globe
How to enhance the market for Islamic funds? Challenges in prospering the Islamic funds
products Issues and obstacles
Dr Mohd Daud Bakar CEO Amanie Business Solutions Sdn Bhd
1530 : Tea Break
1600 : ISLAMIC FUNDS PRODUCTS: i-REITS AND BURSA SUQ AL-SILA’
Introduction Types of Real Estate Investments Real Estate Investment Trusts (REITs) Islamic REITs Structuring and managing of Islamic REITs REITs Guidelines: The Malaysian frame Examples of Islamic REITs Prospect and opportunities in Islamic REITs Way forward in Islamic REITs What is Bursa Suq Al-Sila’? The advantage of Bursa Suq Al-Sila’ Bursa Suq Al-Sila vs. London Metal Exchange Murabahah commodity
Wan Rizaidy Wan Mamat Saufi Head, Product Development Bursa Malaysia
1700 : GROUP EXERCISE 2
In this session, delegates are asked to structure Sukuk products using several Islamic financial contracts based on the case studies given. The general aim is to equip delegates to understand and how to structure of the following Islamic securities products: Murabahah Sukuk Sukuk al Ijarah Mudarabah & Musharakah Sukuk
In this session, delegates are asked to structure Islamic Fund & Investment Products using several Islamic financial products based on the case studies given. The general aim is to equip delegates to understand and how to structure & solve the following products issues: Funds & Investment Products Stock Screening Process
Shariah issue in this process Alternatives to conventional SBL
Dr Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1230 : Lunch
1400 : ISLAMIC STRUCTURED PRODUCTS AND DERIVATIVES
Structured finance : An overview Risk transfer instruments Illustration of Securitisation Structured product under SC’s Guidelines Leading structures of structured product
Dr Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1530 : Tea Break
1600 : PERFORMANCE ANALYSIS OF ISLAMIC FUNDS: A PRACTITIONER’S PERSPECTIVE
Performance of Islamic funds in Malaysia Prospects of Islamic funds Shariah screening for Islamic funds
Representative from Asset Management Company
1700 : END OF IFASS 2011
PRODUCTS AND SUKUK INSTRUMENTS
TIVE FINANCIAL PRODUCTS AND INSTRUMENTS
DAY FOUR : 24 March 2011 (Thu)
1730 : END OF DAY THREE
0900 : Welcome Remarks from the Chair
0910 : ISLAMIC PRIVATE EQUITY AND VENTURE CAPITAL
Why private equity and venture capital are a natural fit to Islamic finance
How to structure a Shariah compliant private equity & private equity
Funds: Types of participation Simplified structure Typical PE terms Most important Shariah guidelines Shariah committee / individuals Some Shariah issues in private equity & venture
capital
Dr Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University Malaysia
1030 : Tea Break
1100 : ISLAMIC HEDGE FUND AND ETF
Current Shariah opinions on hedge fund Raising structures of Islamic hedge fund Hedge fund strategies Issue of leverage Short selling and Islamic alternatives Shariah issues on short selling Regulatory framework
• Resolution of SAC of SC Malaysia• AAOIFI Shariah standard
Alternative to conventional short selling• Khiyar al Shart• Salam• Possible structure• Bay al Urbun• Al Wa`ad bi al Shira’
The way forward Definition of ETF ETFs: best of stocks and unit trusts Malaysian framework in Islamic ETF Who’s who in an Islamic ETF Parties to National ETF Creation and redemption mechanism of ETFs
• ETF creation• ETF redemption
What is borrowing and lending of securities (SBL)
ABOUT IFASS 2011CERT takes the pleasure to organise the Islamic Funds & Sukuk School (IFASS 2011). This 4-days event will cover almost all subjects of Islamic capital market including the fundamental of Islamic capital market, Islamic funds, Sukuk and investment products. IFASS 2011 has been designed for wide range of clients and it will provide a comprehensive and practical knowledge on Islamic capital market. The occasion of this event is indeed an excellent opportunity for the regulators, industry practitioners, fund managers and investors to gain updates and discuss recent developments and key issues in Islamic capital market. It would also serve as an excellent platform in providing greater awareness on the innovative products and services available in the Islamic capital market.
In short the delegates will:
Analyse the role and performance of Islamic capital market in the financial system of several countries in the world;
Learn legal framework, accounting treatment, risk issues and governance standards for Islamic capital market in global market
Acquire the knowledge of Shariah principles in Islamic capital market;
Understand the doctrine of prohibition of riba, gharar and maysir in Islamic law and essential business contracts of Islamic capital market products and instruments;
Identify Islamic capital market products;
Examine some Islamic capital market issues i.e. Sukuk and securitization, funds, structured products and derivatives instruments;
Review the issues and challenges in the implementation and development of Islamic capital market around the globe.
TIMING: Registration is at 8.30 a.m. on day one only. Course proper starts at 9.00 a.m. and finishes at 5.30 p.m.
WHO SHOULD ATTEND
• Central Bankers and Regulators• Board of Directors • Chief Financial Officers• Senior Managers of Islamic banking• Senior Managers of Takaful and Insurance • Senior Financial/Auditor • Fund Managers• Corporate Treasurers• Financial Controllers• Finance and Account Managers• Fund Managers and Remisiers• Accountants and Auditors • Compliance Officers• Academicians and Researchers• Islamic Financial Consultant• Shariah Advisor• Corporate Lawyer • Other interested parties
CALL us at Tel: 603 41081439 or Fax: 603 41061549
In House TrainingSimilar programme can be customised to the needs
of your organisation. To finding more on our unique range of successful in-house
programme, please do not hesitate to call us at: (603) 41081439 or e.mail at
Centre for Research and Training (CERT)CERT is a research, training and consulting provider that concentrates on various research and training services. CERT offers three main services of Islamic financial and management training, corporate and business consulting. The programmes and services are offered by expert advisors and consultants skilled in both their chosen field and in coaching and providing constructive feedback. The programmes and services are designed to empower both the employers and employees to perform to their best, exploring business best practice,
innovative management thinking and product development.
Course MethodologyThe workshop is structured for maximum learning with combination of lectures, group discussion and exercises. A dedicated and knowledgeable course leader, will provide the delegates with optimum satisfaction and understanding on the subject matters in Sukuk and Islamic ABS structuring. The aims of this workshop is to combine the theory and practice. This will provide the delegates with knowledge, skills and techniques in real-life situation of structuring Islamic securities
products.
Dr. Mohd Daud Bakar CEO, Amanie Business Solutions Sdn Bhd Dr. Mohd Daud Bakar is currently the Managing Director of Amanie Islamic Finance Consultancy and Education (LLC, DIFC), International Institute of Islamic Finance (IIIF) Inc. (BVI) and Amanie Business Solutions Sdn. Bhd (Kuala Lumpur). Prior to this, he was the Deputy Vice-Chancellor at the International Islamic University Malaysia. He received his first degree in Shari’ah from University of Kuwait in 1988 and obtained his PhD from University of St. Andrews, United Kingdom in 1993. In 2002, he completed his external Bachelor of Jurisprudence at University of Malaya. He has published a number of articles in various academic journals and presented many papers in various conferences both local and abroad. Dr Mohd Daud is currently the Chairman of the Shari’ah Advisory Council of the Central Bank of Malaysia, the Shariah Advisory Council of Securities Commission of Malaysia, and the Shariah Supervisory Council of Labuan Financial Services Authority. He is also a member of many Shari’ah boards, including the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) (Bahrain), Dow Jones Islamic Market Index (New York), BNP Paribas (Bahrain), Morgan Stanley (Dubai) and Bank of London and Middle East (London), among others.
Zakariya Othman Head, Islamic Ratings, RAM Rating Services BerhadZakariya is the head of Islamic Ratings at RAM Ratings. He reviews all the Islamic structures and provides guidance on Islamic finance to the other analytical staff. He also represents RAM Ratings at external meetings with regard to Islamic structures. Zakariya is a member of the Association of Chartered Certified Accountants. He started his career as an auditor with Ernst & Young International, before moving on to other areas such as investment and financial reporting. His interest in Islamic finance had been kindled when he was appointed to represent the Malaysian Institute of Accountants (“MIA”) at the Accounting and Auditing Organisation for Islamic Financial Institutions (or AAOIFI), which is based in Bahrain. He had also been a member of the MIA’s Working Group Committee on Accounting for Islamic Finance, involved in the development of the Malaysian Accounting Standards Board’s accounting standards for Islamic financial institutions. Zakariya has written several articles on Islamic finance in local and international magazines. He has also conducted several workshops on Shariah audit from the accounting perspective. To enhance his knowledge in Islamic finance, he is working towards a Masters in Islamic Finance at the International Centre for Education in Islamic Finance; he currently holds an MPhil in Communications.
Mohd Radzuan Ahmad Tajuddin Head, Islamic Capital Market, Securities CommissionMr Tajuddin graduated from the National University of Malaysia in 1987, majoring in Finance (Second Upper). He has been with the Malaysian Securities Commission (SC) for the past 14 years. He first joined the SC on 1 July 1994 as an executive responsible for the evaluation of corporate proposals and regulating the issuance and offering of securities for listing and other fund-raising exercises on the stock exchange. In 2001, he was appointed as Assistant Head of the Prospectus Dept of the SC, primarily responsible in regulating the disclosure of information in offering documents. He later went on to hold the position of the Head of the Private Debt Securities Department of the SC in 2004, in-charge of regulating the primary issuance of Corporate Bonds and Sukuk in and outside Malaysia. Prior to joining the SC, Mr Tajuddin was working in the stock broking industry, as a dealer representative for dealing in securities (stock and shares). He was also a financial journalist at Business Times Malaysia from the year 1991 to early 1994 and in merchant banking in the year 1994 in the field of corporate finance. He is currently the Deputy General Manager & Head of Islamic Capital Market Department of the SC.
Tursina Yaacob Associate Director, KFH Research Ltd. Ms Tursina is a Director with KFH Research Ltd, which is the research arm of Kuwait Finance House. She is based in Kuala Lumpur and manages a team of analyst covering the global financial markets as well as major economic regions and countries as well as a range of industries. In addition, she also oversees, leads and guides the team in various project management work. Ms Tursina has ten years experience in equity research covering Malaysia and the regional countries in various sectors. The major sectors include Power & Utilities, Telecommunications, Oil & Gas, Automotive and Consumer Products. She started her career as an equity analyst in 1997 before moving on to two other local based research team. During her course as an equity analyst, Ms Tursina was also involved in the listing of Titan Chemicals Berhad, South East Asia’s largest petrochemical company, as well as the floatation of Maxis Communications Berhad and PLUS Expressways Berhad. Ms Tursina has been ranked as Best Analyst in the Asiamoney Broker Polls for the 2005 to 2007 period. She holds a MBA in Strategic Management from Universiti Teknologi Malaysia in Kuala Lumpur and has an Honours Degree in Financial Economics from Coventry University, UK. Ms Tursina is currently pursuing the Chartered Islamic Financial Professional programme from INCEIF.
Andri Aidham Badri Partner, Kadir, Andri & Partners Andri Aidham is LLB (Honours) graduate from the University of Nottingham in 1988. Called to the Bar of England and Wales in 1989. Barrister-at-law of Lincoln’s Inn. Holds a postgraduate Diploma in Islamic Studies from the International Islamic University of Malaysia. Called to the Malaysian Bar in November 1994. Served in the Judicial and Legal Service as Federal Counsel from 1990 until 1994. His work at present covers mainly banking and finance (Islamic and conventional) and corporate matters including mergers and acquisition, construction and privatisation. Apart from authoring the chapter on “Judicial Review” for Malaysian Court Forms published by Malayan Law Journal and co-authoring the “Judicial Review Handbook”, also published by the Malayan Law Journal, he has also contributed articles for journals such as Rating Agency Malaysia’s Islamic Finance Bulletin and wrote a chapter in the Malaysian Sukuk Market Handbook published by RAM Ratings Sdn Bhd. He also sits as a member of the Board of Studies for IIUM’s Master in Islamic Banking and Finance degree and is on the panel of Kuala Lumpur Regional Centre for Arbitration’s Islamic banking and finance services arbitrators. In his Islamic banking and finance practice he has advised on product development, Waqf, Takaful and documentation of Islamic banking and finance products and services.
Meor Amri Meor Ayob CEO, Bond Pricing Agency Malaysia Sdn Bhd Meor is the Chief Executive Officer of Bond Pricing Agency Malaysia Sdn Bhd, Malaysia’s first bond pricing agency. Over the last 4 years, Meor has progressively developed BPA Malaysia’s core business to become the principal source of valuation and data reference on the Malaysian Sukuk and Bond market. He continues to reinforce BPA Malaysia’s position as a specialist in valuation and to expand its reach with its stable of innovative products, providing world class data in keeping with Malaysia’s leading position in the global Sukuk market. He has a Masters of Business Administration with specialisation in Finance from the International Islamic University, Malaysia. He also has a Bachelor of Science degree in Actuarial Science from the University of Kent in Canterbury, United Kingdom. He has written a number of articles for various journals on credit as well as valuation issues. He is also viewed as a subject-matter-expert and has been engaged by many institutions including regulators to conduct lectures and training. Prior to this position, he has been with Rating Agency Malaysia, Malaysia’s first rating agency, since 1994 and his last posting was Head of Financial Institutions Ratings division. He was also a central banker with Bank Negara Malaysia between 1992 and 1994.
Assoc. Prof. Dr. Engku Rabiah Adawiah Engku Ali Ahmad Ibrahim Kulliyah of Laws, International Islamic University MalaysiaDr. Engku Rabiah Adawiah is currently an Associate Professor at Ahmad Ibrahim Kulliyyah of Laws, International Islamic University Malaysia (IIUM). She obtained her LLB (First Class Honours) and LLB (Shari’ah) (First Class Honours) from the IIUM. Shortly thereafter, she successfully completed her Masters of Comparative Laws (MCL) with distinction from the same university. In 1998, she was conferred with PhD in law (Securities Regulation) from the University of Aberdeen, United Kingdom. She teaches both Shari’ah and civil law; particularly on the subjects of Islamic transactions, company law and Islamic banking and securities at both undergraduate and postgraduate levels. Her research interest is in securities regulation, company law, Islamic law of transaction, and Islamic banking and finance. Her publications include articles in some journals and periodicals in Malaysia. She has presented in various conferences, seminars, workshops and in-house trainings on Islamic Banking and Finance. She also serves as a member of Shariah Advisor and shariah consultant to several financial institutions and legal firms. Currently, she is a member of the Syariah Advisory Council of Bank Negara Malaysia, and an independent Shariah Advisor for Islamic securities issuance, approved by and registered with the Malaysian Securities Commission. In addition, she is also a member of the investigation tribunal for the Malaysian Bar Council.
Dr. Aznan Hasan Ahmad Ibrahim Kulliyah of Laws, International Islamic University MalaysiaDr. Aznan Hasan is currently a lecturer at the Islamic Law Department, Ahmad Ibrahim Kulliyyah of Laws, International Islamic University Malaysia (IIUM). He received his first degree in Shariah from from University of Al Azhar, Egypt. He then successfully completed his Master Degree in Shariah from Cairo University with distinction and the board of examination has recommended that his thesis be published. He then obtained his PhD in Islamic Law from the University of Wales in United Kingdom. He also serves as a member of Shariah committee to one of the leading financial institutions in Malaysia. He taught several subjects such as Islamic legal theory and Islamic law of transactions. Currently he is a Bank Negara and Securities Comission. He also an independent Shariah advisor for Islamic securities issuance, approved by and registered with the Malaysian Securities Commission.
Mohd Effendi Abdullah Director/Head, Islamic Markets, AmInvestment BankMohd Effendi is the Director / Head of Islamic Markets at AmInvestment Bank Bhd. He is responsible for Islamic Investment Banking and Finance opportunities within AmInvestment Group. Having joined the Bank in 1985, he has overseen management responsibilities in Corporate Banking, Syndication, Structured Finance and Debt Capital Markets. Mohd Effendi is one of the pioneers at the initial set-up of the Bank’s Islamic Investment Banking business in 1993 and is part of the team to establish the AmBank Group Islamic Banking in 2001. In the past 15 years, he has committed his expertise to Islamic Investment banking/finance product structuring, origination, marketing and execution with much focus on the Islamic Capital Markets. Mohd Effendi has been an active committee member of the Islamic Capital Market Committee, Malaysian Investment Banking Association and also sits in various working groups/committees at Bank Negara Malaysia, Securities Commission, and Malaysia Accounting Standards Board. Mohd Effendi holds a Bachelor (Economics) degree in Accounting and Financial Management from Macquarie University, Sydney, Australia.
Wan Rizaidy Wan Mamat Saufi Head, Product Development, Islamic Capital MarketsWan Rizaidy is responsible in developing Islamic capital markets products ranging from equity to fixed income and equity hybrids. He is also responsible in liaising with various regulatory authorities in developing enabling regulatory framework to support product development. He has some 9 years of experience in both capital markets and Islamic finance focusing on Shari’ah Compliant investment and financing products and services including Islamic hedging solutions. Prior to joining Bursa, he was with various institutions including Kuwait Finance House (Malaysia), Standard Chartered Saadiq and the Malaysian Securities Commission (SC). Wan Rizaidy holds a Bachelor of Economics (Hons) degree from the International Islamic University Malaysia.
ABOUT THE KEY SPEAKERS
REGISTRATION FORM
Register Now & Fax Back to (603) 41061549 (www.cert.com.my)
4-Day Seminar on
21 – 24 March 2011Crowne Plaza Mutiara Kuala Lumpur Malaysia
ISLAMIC FUNDS & SUKUK SCHOOL(IFASS 2011)
EVENT FEE
Early Bird Fee : (Payment by 8 March 2011) - RM3,500 / USD1,200 per person
Regular Fee : (Payment after 8 March 2011) - RM4,000 / USD1,400 per person
The fee includes lunch, refreshments, event documentationand certificate of attendance
HOW TO PAY Event fees must be paid before commencement of the programme. All cheques should be crossed and made payable to “Cert Events Sdn. Bhd.”
After receiving payment a receipt will be issued. If you do not receive a letter outlining joining details two weeks prior to the event please contact the event coordinator at CERT.
SPECIAL GROUP DISCOUNT Discount of 10% for 2 participants from the same organisation. Discount of 15% for 3 or more participants from the same organisation.
Special discount for shariah advisor and academic staff.
CANCELLATIONS
We reserve the right to reschedule the event due to circumstances beyond our control
HOTEL ACCOMMODATIONHotel is not included in the event fee. To reserve accommodation at the event venue, please contact hotel address below:
INCORRECT MAILING ADDRESSIf you have received multiple mailings of this brochure or incorrect company details on the address, please accept our apologies. If this occurs, kindly notify us so that wecan update our database.
Crowne Plaza Mutiara Kuala LumpurJalan Sultan Ismail 50250,Kuala Lumpur , MalaysiaTel : 603.2148.2322 Fax : 603.2144.2157Email : [email protected]
The organiser reserves the right to cancel/amend the programme in extreme circumstances. Should this occur, they will endeavour to advise delegates at the earliest opportunity but take no responsibility for any irrecoverable costs on the part of the delegates, eg. air fares, hotel costs. Obviously, attendance fees would, in such circumstances, be fully refundable at the delegate’s option.
If you are unable to attend, a substitute is welcome at no extra cost. A complete set of event documentation and a 50% refund will be given for cancellation received in writing not later than 2 weeks prior to the event date. Unfortunately, only a 25% refund and documentation event will be given for cancellation received within 2 weeks before programme commencement.
Dear Sir/MsPlease register the following name(s) for this event :
