REDmoney Events - IFN ROADSHOW JAPAN

JAPAN

Waseda University, Nihonbashi Tokyo

21^st June 2012

Another power house in the world of finance, Tokyo is keen to claim its slice of the Islamic finance industry. Over the past few years we've witnessed Japanese issuers such as AEON and Toyota issue Islamic paper in the foreign markets. With the recent amendments to the tax treatment and stamp duty laws under the Asset Liquidation Amendment Act, Japan has now opened up its financial market to non-resident Islamic investors wishing to issue Sukuk Ijarah in Japan without being disadvantaged. This legislative update is the first step in providing a solid base for Islamic investment opportunities in the country and it is hoped that this will spearhead a push towards Shariah based financing going forward.

2012 will be the third visit to Tokyo, where we anticipate another audience in excess of 125.

Confirmed Speakers

Erno Kiss - Head / Director of International Sales, TRASSET
Etsuaki Yoshida - Advisor - Renewable Energy, The Japan Bank for International Cooperation
Hanim Hamzah - Resident Partner, Roosdiono & Partners Indonesia
Naoki Ishikawa - Partner, Mori Hamada & Matsumoto
Naoko Nemoto - Managing Director, Financial Institutions Ratings, Standard & Poor's Ratings Services
Naoyuki Kabata - Partner, Anderson Mori & Tomotsune
Norfarasha Abdullah - Senior Vice President, Debt Capital Markets, RHB Investment Bank Berhad, Malaysia
Noriyuki Suzuki - Senior Principal Consultant- Asian Business Development, Daiwa Institute of Research, Japan
Seiichiro Uchi - Executive Director, MSCI Japan
So Saito - Attorney - at - Law, Nishimura & Asahi
Suri Hanim Mohamed - Head of Islamic Banking, Bank of Tokyo Mitsubishi UFJ
Takashi Tsukioka - Partner, Nagashima Ohno & Tsunematsu
Tetsutaro Muraki - Chief Executive Officer, Tokyo AIM
Toshiharu Kitamura - Professor of Financial Economics, Waseda University, Japan
Yuichi Yoshida - Senior Portfolio Manager, Nomura Asset Management, Japan
Yutaka Kitamura - Deputy Director, Office of Financial Taxation, Policy & Legal Division, Planning & Coordination Bureau, Financial Services Agency Japan

Agenda

10:00 - 10:30

Registration and refreshments

10:30 - 11:00

Chairperson's Introduction : Japan's Islamic finance - Where We are Today and Ways Ahead
Etsuaki Yoshida - Advisor - Renewable Energy, The Japan Bank for International Cooperation

11:00 - 11:45

Session One : Key Developments and Growth of Islamic Financial Market in Japan

The impact of Eurozone crisis on growth of Islamic finance in the region
Going back to basics- the role of Islamic finance in preventing another global financial crisis
What does it take to create momentum for Islamic finance in Japan
Special purpose trust (SPT) and its role in establishing Islamic finance in Japan
Addressing the need for human capital development and a larger talent pool in the area of Islamic finance

Moderator:	Etsuaki Yoshida - Advisor - Renewable Energy, The Japan Bank for International Cooperation
Panelists:	Yutaka Kitamura - Deputy Director, Office of Financial Taxation, Policy & Legal Division, Planning & Coordination Bureau, Financial Services Agency Japan
	Naoko Nemoto - Managing Director, Financial Institutions Ratings, Standard & Poor's Ratings Services
	Tetsutaro Muraki - Chief Executive Officer, Tokyo AIM

11.45 - 12.05

Presentation 1: Islamic Finance: The Way Forward for Japan
Suri Hanim Mohamed - Head of Islamic Banking, Bank of Tokyo Mitsubishi UFJ

Download presentation

12:05 - 12:50

Session Two: Islamic Capital Markets Structures, Challenges and Opportunities

Issuing Samurai Sukuk- what the market needs to know
Implementation of J-Sukuk- creating a bridge to established Islamic financial marketplace
Encouraging corporate issuance and addressing why are the issuers holding back
Market appetite for retail sukuk in Japan
Opportunities from cross border issuance
Taking a reverse approach: Domestic issuance by overseas issuer

Moderator:	So Saito - Attorney - at - Law, Nishimura & Asahi
Panelists:	Naoki Ishikawa - Partner, Mori Hamada & Matsumoto
	Hanim Hamzah - Resident Partner, Roosdiono & Partners Indonesia
	Naoyuki Kabata - Partner, Anderson Mori & Tomotsune

12:50 - 13:50

Lunch

13:50 - 14:35

Session Three: Islamic Investment and Asset Management in Japan

Attracting non-Muslim investors to Shariah based investments
Understanding the local investors psychology- asset classes of interest
Expanding the range of investors portfolio and stimulating underlying demand
Attracting foreign investment to grow the local market- identifying Japan's competitive advantage
Opportunities from cross border issuance
Maximizing liquidity, diversifying funding sources and investor education in Japan

Moderator:	Takashi Tsukioka - Partner, Nagashima Ohno & Tsunematsu
Panelists:	Noriyuki Suzuki - Senior Principal Consultant - Asian Business Development, Daiwa Institute of Research, Japan
	Seiichiro Uchi - Executive Director, MSCI Japan
	Yuichi Yoshida - Senior Portfolio Manager, Nomura Asset Management, Japan

14:35 - 14:50

Presentation 2: Challenges faced by IT solutions in managing the specifics of Islamic finance
Erno Kiss - Head / Director of International Sales, TRASSET

Download presentation

14:50 - 15:35

Session Four: Legal, Tax and Regulatory Developments Enabling Cross-Border Transactions in Japan

Practical developments in systems relevant to J- Sukuk issuance
The impact of tax exemption on the local Sukuk market
Tax reform and sunset provision- where does the market stand now?
The role of regulators in growing the market further: what needs to be done?
Shariah compliance of Islamic finance transactions in a non-Muslim country- ensuring conformity to Shariah

Moderator:	Toshiharu Kitamura - Professor of Financial Economics, Waseda University, Japan
Panelists:	Takashi Tsukioka - Partner, Nagashima Ohno & Tsunematsu
	So Saito - Attorney - at - Law, Nishimura & Asahi
	Norfarasha Abdullah - Senior Vice President, Debt Capital Markets, RHB Investment Bank Berhad, Malaysia