REDmoney Events - IFN SAUDI ARABIA FORUM 2013

Issuers Day: Monday, 18^th November 2013
Investors Day: Tuesday, 19^th November 2013
Venue: Four Seasons Hotel Riyadh, Kingdom Center

DAY 1: Issuers Day
DAY 2: Investors Day

Issuers Day

08:00 - 09:00

Registration

09:15 - 09:30

Chairperson's Introduction

09:30 - 10:30

Session One: Outlook for Saudi Arabia’s Islamic Capital Market: Competing on a Global Scale

Identifying the key drivers for sustainable growth of Saudi Arabia’s Islamic financial services industry: strong investor demand, increased financing opportunities
Capitalising on the rising demand for investable assets of a growing domestic Islamic finance market
Examining notable deals issues and why they succeeded: Saudi Electricity 30-year International Sukuk, Sadara Sukuk, Al Bayan, Saudi Binladin, SABIC
Factors hindering the growth of Sukuk issuance – restricted foreign participation, lack of secondary market activity – and steps to overcome them
FDI focus: What more needs to be done to pursue investment flows from foreign investors and further enhance secondary market trading of Sukuk
Assessing the need for and impact of further market liberalization - market readiness, political hurdles, impact on domestic players

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists:	Abdulmohsen Al Fares - Managing Director & Chief Executive Officer, Alinma Bank Muhammad Farhan- Director & Head of Islamic Banking, HSBC Saudi Arabia Zaki Salameh - Head of Corporate Finance and Investment Banking, Alkhair Capital Saudi Arabia

10:30 - 11:00

Networking Break

11:00 - 12:00

Session Two: Sustaining Saudi Arabia’s Exceptional Growth in the Islamic Capital Market: Regulations, Product Innovation and Structuring

Steps needed to reduce the cost of Sukuk financing: The vital need for further foreign participation
Emerging tax, legal and regulatory considerations for Saudi issuers: What further legislative amendments can be expected to further develop the Kingdom’s Islamic capital market
Innovation and diversification in Sukuk structuring: Comparing global structuring trends with current structures used in Saudi Sukuk issuances
Balancing the need for a prudent economic policy and developing a functional and accessible capital market
Addressing Shariah issues specific to the Kingdom and how this will affect product innovation
Recognising the growing need for structured programs to raise awareness amongst issuers and develop sustainable, qualified talent in the Islamic financial services industry

Moderator:	Jawad I. Ali - Managing Partner, Middle East Offices, King & Spalding
Panelist:	Bashar Al-Natoor - Director, Corporates, Fitch Ratings Massoud Janekeh - Director, Head of Islamic Capital Markets, Bank of London and The Middle East

12:00 - 12:30

Case Study: Madinah Airport Expansion PPP
Mohammed Paracha - Partner, Head of Islamic Finance, Norton Rose Fulbright (Middle East & Africa)

Download presentation

12:30 - 13:30

Lunch

13:30 - 14:15

Session Three: Islamic Project and Infrastructure Financing - Potential, Opportunities and Challenges

Opportunities for Shariah compliant financing of the Kingdom’s rapidly increasing infrastructure projects
Islamic real estate finance: Capitalizing on rising demand in residential property financing and impact of the recently amended mortgage law
Assessing the potential of emerging alternative assets and its suitability to Shariah compliant financing: key considerations for issuers
The need for greater participation of Saudi Arabia’s family-owned businesses to galvanize project based Sukuk offerings
Discussing the increasingly popular trends of Shariah compliant syndicated financing and mezzanine structures
Addressing the disconnect between project financing requirements and the availability of Shariah compliant funding instruments

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelist:	Mansoor Durrani- Senior Vice President & Head of Project Finance, National Commercial Bank Neil Miller - Global Head of Islamic Finance, Linklaters

14:15 - 15:15

Deal Roundtable: Discussing Key Trends, Features and Success Factors of the Year's Most Prominent Deals

Addressing key deal structure, pricing, distribution, ratings, credit enhancement and Shariah issues
Sadara Chemical Company SAR7.5 billion Sukuk Musharakah
Saudi Electricity Company US$1 billion 30-year International Sukuk Ijarah
Al Bayan MYR200 million Sukuk Wakalah
Saudi Binladin SAR1.3 billion Sukuk Ijarah
GACA SAR15 billion Sukuk Murabahah

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists:	Emad Al Monayea - Chairman, Liquidity Management Centre, Board Member & CEO, Kuwait Finance House Investment Fahad H. Al-Sudairi- Executive Director –Treasury, Saudi Electricity Co. Rizwan Kanji - Partner, King & Spalding

15:15 - 15:25

Chairperson's Closing

Investors Day

08:00 - 09:00

Registration

09:15 - 09:30

Chairperson's Introduction

09:30 - 10:30

Session One: The Islamic Investment Environment in Saudi Arabia: Driving Sustainable Growth

Assessing Saudi Arabia’s recent market reforms and its significance to potential Gulf and Asian investors
Open market: What further regulatory developments are needed to encourage inward investments
Prospects for the establishment of an Islamic money market to manage liquidity within Islamic financial institutions
Assessing Saudi Arabia’s readiness to challenge mature Islamic investment destinations such as Malaysia and the Middle East
Leveraging the high levels of liquidity held by sovereign funds and local financial institutions: Meeting the demand for Shariah compliant investment instruments

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelist:	Hani Ibrahim - Director & Head of Debt Capital Markets, QInvest Henri Chaoul - Chief Investment Strategist, Alkhabeer Capital Khalid Gama - Managing Director, Head of Business Development SEDCO Capital

10:30 - 11:00

Networking Break

11:00 - 11:45

Session Two: Advancing Saudi Arabia’s Growth as an Islamic Investment Destination - Key Sectors and Asset Classes

Exploring key sectors for Islamic investments: Natural resources, utilities, transportation and construction – and how these industries can be tapped
Addressing the need for more institutional investors to balance the Kingdom’s huge retail investor base
Developing suitable Shariah compliant instruments for Saudi investors: Innovation and current trends in investment products
The role and growth of private banking and wealth management sector in Saudi Arabia
Growth of sovereign wealth funds and private equity funds: current prospects and future opportunities
Real estate finance as an asset class: what is available for the Shariah-compliant investor?

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial Corp
Panelists:	Nabil Issa - Partner, King & Spalding Omar Bassal , CFA - Head of Asset Management, MASIC, Saudi Arabia Ritjana Ceveli- Managing Director, Ridge Capital Salah Saleh Sultan - Head, Wealth Management, Muscat Capital

11.45 - 12.00

Presentation : The Value Proposition of Takaful
Ajmal Bhatty - Chief Executive Officer, Alinma Tokio Marine

Download presentation

12.00 - 12:45

Session Three: Investing in Sukuk and Islamic Capital Markets in Saudi Arabia and the Gulf

What investors want: Structuring Sukuk issuances with the Gulf investment community in mind
Opportunities from overseas: what Malaysia and other key Sukuk centres offer funds and institutional investors
The role of regulators and market players in increasing the supply of suitable Shariah compliant securities and Sukuk for investment in the Gulf region
Sukuk and the investment opportunities it presents for Takaful operators and institutional investors
Ratings and risk management issues for Islamic investors in Saudi Arabia and the Gulf

Moderator:	Rizwan Kanji- Partner, King & Spalding
Panelist:	Khalid Howladar- Vice President - Senior Credit Officer, Moody's Investor Service Mona Altawil- Director and Head of Syndication Finance, Investment Banking Finance, HSBC Saudi Arabia Limited Usman Sikander - Co-Head, Investment Banking, Saudi Fransi Capital

12:45 - 14.00

Lunch

14.00 - 14:45

Session Four: Developing Effective Islamic Treasury, Money Markets and Liquidity Management Tools in the Gulf Region

Scope for development of new and innovative Islamic treasury products: Permissibility, Shariah compliance and commercial viability
The outlook for liquidity management products and instruments to enable financial institutions to manage short term funds
The development of global Islamic commodity platforms: London Metals Exchange, Suq Al-Sila and the Dubai Multi Commodities Center
Market outlook for hedging instruments and risk products: Impact on market efficiency and liquidity in the Saudi Arabian market

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists:	Lawrence Oliver - Director & Deputy Chief Executive Officer, DDCAP group Lilian Le Falher - Executive Manager, Treasury Capital Markets, Kuwait Finance House (Bahrain) Qudeer Latif- Partner (Head of Islamic Finance), Clifford Chance Tom Guest - Associate Director, Eiger Trading Advisors

14:45 - 15:30

Session Five: Fulfilling Saudi Arabia’s Potential as an Islamic Investment Destination: Opportunities and Challenges

Key issues and concerns facing foreign investors
Role of regulators and market players to further develop Saudi Arabia‘s potential in Islamic finance
Investor protection, recourse to assets, default, insolvency and restructuring in Islamic finance: Key practical issues and avoiding costly mistakes
Investing in Saudi Arabia in comparison to other Islamic finance destinations: costs, legal considerations, opportunities and sectors
Addressing global regulatory change and what it means for Islamic asset and fund managers
What the future holds for the Kingdom‘s Islamic investment sector: growth prospects and new markets

Moderator:	Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists:	Alain Verbeken - Director, Cross-Border Tax, Deloitte Tax & Consulting Walid Hegazy - Partner, Crowell Moring

15:30 - 15:35

Chairperson's Closing