D i a m o n d P a r t n e r s
P l a t i n u m P a r t n e r s
G o l d P a r t n e r s
Pantone 294C
Pantone 539C
C 100 M 58 Y 0 K 21
C 100 M 50 Y 0 K 70
PANTONE: PROCESS:
Pantone 294C
Pantone 539C
C 100 M 58 Y 0 K 21
C 100 M 50 Y 0 K 70
PANTONE: PROCESS:
K 50
BLACK / WHITE
ISLAMIC ASSET MANAGEMENT
K 100
BLACK
PROGRAMME
S U M M I T S P O N S O R S
JUMEIRAH CARLTON TOWER, KNIGHTSBRIDGE, LONDON12-13 JULY 2011
12-13 JULY 2011 THE JUMEIRA CARLTON HOTEL, LONDON, UK
MAINSTREAMING AND GLOBALISING TAKAFUL
DAY ONE: TUESDAY 12, JULY 2011
10:45 - 11:00 COFFEE BREAK
CHAIR FOR THE TAKAFUL SUMMITDr Alberto BrugnoniDirector General of ASSAIF(Associazione per lo Sviluppo di Strumenti Alternativi e di Innovazione Finanziaria)
08:30 - 09:00
09:00 - 09:20
09:20 - 09:45
09:45 - 10:45
11:00 - 12:15
ARRIVAL & REGISTRATION
WELCOME REMARKS
KEYNOTE ADDRESS
PANEL: REFLECTIONS ON GLOBALISING THE TAKAFUL BRAND
SESSION - UNDERSTANDING THE TAKAFUL BRAND AND USING NEW MEDIA FOR ITS PROMOTION
CHAIR: Dr Alberto Brugnoni, Director General, ASSAIFDr Saleh J. Malaikah, Vice Chairman & Chief Executive Offi cer, SALAMALord Mohamed Sheikh, Chairman, Macmillan Sheikh Plc
Challenges in Making Takaful the Default Option in Muslim CountriesAbid Shakeel, Banking, Capital Markets & Takaful Lead Manager, Global Centre of Excellence for Islamic Finance, Ernst & Young
MODERATOR Mohd Tarmidzi Ahmad Nordin, Advisor, ACR Retakaful SEA
PANELLISTSDr Saleh J. Malaikah, Vice Chairman & Chief Executive Offi cer, SALAMAShahril Azuar Jimin, Chief Executive Offi cer, Etiqa Takaful BhdSameeul Haq Thanvi, General Manager, Takaful Ta’awuni Division, Bank AljaziraSohail Jaffer, Partner & Head of International, Business Development, FWU GroupAjmal Bhatty, President & Chief Executive Offi cer, Tokio Marine Middle EastDr Alberto Brugnoni, Director General, ASSAIF
MODERATOR Khaeruddin Sudharmin, Managing Director & Chief Executive Offi cer, Motordata Research Consortium
What Are We Trying to Brand?Ajmal Bhatty, President & Chief Executive Offi cer, Tokio Marine Middle East
03:45 - 04:00 COFFEE BREAK
01:45 - 02:45 LUNCH AND PRAYERS
01:15 - 01:45
12:15 - 01:15
02:45 - 03:45
LAUNCH OF THE MILLIMAN FAMILY TAKAFUL REPORT
SESSION - REGULATIONS, RATING AND RISK MANAGEMENT OF TAKAFUL OPERATIONS
SESSION - EXPANDING TAKAFUL / RE-TAKAFUL HORIZONS
Safder Jaffer, Takaful Practice Leader & Consulting Actuary, Milliman, DubaiLindsay Unwin, Consulting Actuary, Milliman, London
MODERATOR Charles J Catt, Chief Executive Offi cer, Challenge Group Inc
Pertinent Issues in Regulating Takaful and Retakaful ProvidersSusan Dingwall, Partner, Norton Rose LLP
Risk Management in TakafulDawood Taylor, Senior Regional Executive - Takaful - Middle East, Prudential Corporation Asia
Capital Analysis of Takaful CompaniesKevin Willis, Director Financial Institutions Ratings, Standard & Poor’s Financial Services Ratings
Developments in the Takaful Sector - A Rating Agency PerspectiveVasilis Katsipis, General Manager, Analytics, A.M. Best
MODERATOR Alberto Brugnoni, Director General, ASSAIF
Potential for Takaful post the Arab Spring in the MENA RegionChakib Abouzaid, Chief Executive Offi cer, Takaful Re Limited
Empowering Takaful Provision in Sub-Saharan AfricaDebo Ajayi, Lead and Managing Consultant, Milliman
Challenges of Growing Takaful Operations in PakistanPervaiz Ahmed, Chief Executive Offi cer, Pak-Qatar Family Takaful Limited
Takaful Potential in the Russian Federation and Central Asian RepublicsRoustam Vakhitov, International Tax Partner, Timmermans & Simons International Business Lawyers
Understanding New Media for TakafulFahmi Mohammed, Social Media Professional
Challenges of Using New Media for PromotionSaad Saraf, Chief Executive Offi cer, Mediareach StarJaved Husain, Director, Media Reach Advertising
DAY TWO: WEDNESDAY 13, JULY 2011
10:30 - 11:00 COFFEE BREAK
09:15 - 10:30
11:00 - 12:15
SESSION - KEY ISSUES IN RE-TAKAFUL PROVISION
SESSION - PROVIDING FOR PENSIONS, ANNUITIES, AND HEALTHCARE
MODERATOR Chakib Abouzaid, Chief Executive Offi cer, Takaful Re Limited
Refl ections on Long Term Qard al Hassan in Takaful / Re-TakafulDr Ludwig Stiftl, Head of Retakaful Center of Competence, Munich Re
Getting Takaful Providers to Utilise Retakaful Capacity as a First OptionMahomed Akoob, Managing Director, Hannover Re Takaful
The Value Add of a Retakaful Syndicate at Lloyds of LondonIsmail Mahbob, President & Chief Executive Offi cer, MNRB Retakaful Berhad
Retro and RetakafulDuncan Garland, Executive Director, Willis Group
MODERATOR Safder Jaffer, Takaful Practice Leader & Consulting Actuary, Milliman, Dubai
Challenges of Developing Pension Schemes for Takaful ProvidersZainal Abidin Mohd. Kassim, Senior Partner, Actuarial Partners Consulting Sdn Bhd
Takaful Provision for Long Term Care NeedsOmer Morshed, Chief Executive, Sidat Hyder Morshed Associates (Pvt) Ltd
The Need for Longevity Sukuk for Takaful-Based Pension ProvisionMaulana Faizal Manjoo, Lecturer, MIHE
04:00 - 05:15 SESSION - LEVERAGING TAKAFUL DISTRIBUTION CHANNELS EFFECTIVELYMODERATOR Sohail Jaffer, Partner & Head of International, Business Development, FWU Group
Capturing The Changing Takaful Market in Saudi ArabiaSameeul Haq Thanvi, General Manager, Takaful Ta’awuni Division, Bank Aljazira
Getting the Operational Dynamics Right in BancassuranceBilal Mahmood, Assistant General Manager – Business Development, Abu Dhabi National Takaful Co. PSC
Utilising Effective Marketing Channels in the GCC RegionJaffer Mazaal, Vice President, Marketing & Quality Control, Dar Al Takaful
Challenges of Marketing Takaful in the UKAbid Shakeel, Banking, Capital Markets & Takaful Lead Manager, Global Centre of Excellence for Islamic Finance, Ernst & Young
04:45 - 04:50 VOTE OF THANKS AND CLOSING REMARKS
12:15 - 01:15 SESSION - CUSTOMISED ASSSET MANAGEMENT FOR TAKAFUL PROVIDERS
MODERATOR Dr Hardeep Tamana, Chief Executive Offi cer, Fyshe Crestar
An Asset Manager’s Take on Optimising Investment Returns from Contribution PoolsDatuk Noripah Kamso, Chief Executive Offi cer, CIMB-Principal Islamic Asset Management
Managing a Shariah-Compliant Long Equity PortfolioJohnny Russell, Investment Director, Scottish Widows Investment Partnership
Creating a Shariah Compliant Triple A Rated Liquidity Management PlatformJudith Benson, Chief Operating Offi cer, Prime Rate Capital Management LLP
01:15 - 02:30 LUNCH AND PRAYERS
02:30 - 03:30
03:30 - 04:45
SESSION - SHARIAH AND LEGAL ISSUES IN TAKAFUL AND RE-TAKAFUL PROVISION
SESSION - RE-VISITING THE CAPITAL STRUCTURE OF TAKAFUL AND RE-TAKAFUL PROVIDERS
MODERATOR Alberto Brugnoni, Director General, ASSAIF
Shariah Issues in the Mudharabah, Wakalah and Waqf models in TakafulAzman Ismail, President, IIFIN Consulting Sdn Bhd
Legal and Shariah Analysis of Wa’ad in TakafulBilal Ahmed Khan, Executive Director & Shariah Scholar, Islamic Finance Education Council (IFEC) UK
MODERATOR Azman Ismail, President, IIFIN Consulting Sdb Bhd
Innovative Shariah Compliant Contingent Capital Structures for Takaful OperationsMuhammad Abdullah Al-Harith Sinclair, Head of Islamic Finance, Pinsent Masons LLPStefan Wasilewski, Managing Partner, FinaXiom-Shareef Services LLPBrandon Davies, Non-Executive Director (SINED), Gatehouse Bank Plc
S P E A K E R S I N C L U D E
Dr Alberto BrugnoniDirector General
ASSAIF
Safder JafferTakaful Practice Leader &
Consulting ActuaryMilliman, Dubai
Mohd Tarmidzi Ahmad NordinAdvisor
ACR Retakaful SEA
Ffion FlockhartSenior AssociateNorton Rose LLP
Charles J. CattChief Executive Officer Challenge Group Inc
Susan DingwallPartner
Norton Rose LLP
Debo AjayiLead and Managing
ConsultantMilliman
Bilal MahmoodAssistant General Manager
- Business DevelopmentAbu Dhabi National Takaful
Co. PSC
Bilal KhanExecutive Director & Shariah
ScholarIslamic Finance Education
Council (IFEC) UK
Datuk Noripah KamsoChief Executive OfficerCIMB-Principal Islamic
Asset Management
Ajmal BhattyPresident & Chief Executive
OfficerTokio Marine Middle East
Sameeul Haq ThanviGeneral Manager
Takaful Ta’awuni Division,Bank Aljazira
Shahril Azuar JiminChief Executive Officer
Etiqa Takaful Berhad
Mahomed AkoobManaging Director
Hannover Re Takaful
Lord Mohamed SheikhChairman
Macmillan Sheikh Plc
Dr Saleh J. MalaikahVice Chairman & Chief
Executive OfficerSALAMA
Khaeruddin SudharminManaging Director & Chief
Executive OfficerMotordata Research
Consortium
M Iqbal AsariaAssociate
Afkar Consulting Ltd
Abid ShakeelBanking, Capital Markets &
Takaful Lead Manager, Global Centre of Excellence
for Islamic FinanceErnst & Young
Dawood TaylorSenior Regional Executive -
Takaful - Middle EastPrudential Corporation Asia
Roustam VakhitovInternational Tax PartnerTimmermans & Simons
International Business Lawyers
Maulana Faizal ManjooLecturer
MIHE
Kevin WillisDirector Financial Institutions
RatingsStandard and Poor’s
Financial Service Ratings
Zainal Abidin Mohd. KassimSenior Partner
Acturial PartnersConsulting Sdn Bhd
Muhammad Abdullah Al-Harith Sinclair
Head of Islamic FinancePinsent Masons LLP
Mustapha HamatDistinguished Academic Fellow
International IslamicUniversity
Ashar NazimExecutive Director &
Islamic Financial Services Leader
Ernst & Young, Bahrain
Azman IsmailPresident
IIFIN Consulting Sdn Bhd
Johnny RussellInvestment Director
Scottish WidowsInvestment Partnership
Stefan WasilewskiManaging PartnerFinaXiom-Shareef
Services LLP
Chakib AbouzaidChief Executive Officer
Takaful Re Limited
Judith BensonChief Operating Officer
Prime Rate CapitalManagement LLP
w w w. t a k a f u l s u m m i t . c o m
Javed HusainDirector
Media Reach Advertising
Dr Hardeep TamanaChief Executive Officer
Fyshe Crestar
Sohail JafferPartner & Head of
International Business DevelopmentFWU Group
Ayman Al AjmiChief Executive Officer
Al-Ajmi Consulting
Dr Ludwig StiftlHead of Retakaful Center
of CompetenceMunich Re
Lindsay UnwinConsulting ActuaryMilliman, London
Fahmi MohammedSocial Media Professional
Vasilis KatsipisGeneral Manager, Analytics
A.M. Best
Saad SarafChief Executive Officer
Mediareach Star
NOT IN PICTURES:
Duncan GarlandExecutive Director
Willis Group
Ismail MahbobPresident & Chief Executive
OfficerMNRB Retakaful Berhad
Brandon DaviesNon-Executive Director (SINED)
Gatehouse Bank LPC
Omer MorshedChief Executive
Sidat Hyder Morshed Associates (Pvt) Ltd
John GilbertConsultant
Hogan Lovells International LLP
Jaffer MazaalVice President
Marketing and Quality Control, Dar Al Takaful
Pervaiz AhmedChief Executive Officer
Pak-Qatar Family Takaful Limited