An Overview of the Islamic Capital Market

27 May 2013 (Monday), 5.30 p.m. to 7.00 p.m. (1.5 Hours)

Programme Session 1 (15 minutes) The Key Principles and Underlying Values of Islamic Finance - Fundamentals of Shariah (Islamic Law) - Difference between Conventional and Islamic Financial System Speaker: Mr. Haji Razli Ramli

Senior Managing Adviser, Islamic Banking and Finance Institute Malaysia (IBFIM) Session 2 (15 minutes) The Global Islamic Finance Today Speaker: Mr. Amirullah Haji Abdullah

Adviser, Islamic Banking & Finance, Nova Training and Education Institute ( NOVA)

Session 3 (45 minutes) An Overview of Islamic Capital Market and Underlying Principles and Concepts Applied - Islamic Bonds (Sukuk) - Islamic Equities - Islamic Exchange Traded Funds Speaker: Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali

Distinguished Fellow, Islamic Banking and Finance Institute Malaysia (IBFIM) Session 4 (15 minutes) Next Steps for Islamic Capital Market in Hong Kong Panel Speakers: Mr. Mohamad Najib COO, IBFIM

Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali Distinguished Fellow, IBFIM

Mr. Haji Razli Ramli Senior Managing Adviser, IBFIM

Mr. Amirullah Haji Abdullah Adviser, Islamic Banking & Finance, NOVA

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Haji Razli Ramli Head/Senior Managing Adviser

Shariah Business Advisory

IBFIM (Islamic Banking and Finance Institute Malaysia)

Razli Ramli brings with him over 20 years of experience in banking and finance,

with 15 years in Islamic finance. His proficiency lies in the transformation of

traditional banking operations into Shariah-compliant operations.

His major contribution to the industry is the implementation of the Islamic Banking

Division at a Chinese based bank in Malaysia and the development and

implementation of Shariah-based financing products in many institutions including

one of the country’s largest financial institutions. Currently, he sits in the Think-Tank

Group of Jabatan Wakaf, Zakat and Haji (JAWHAR) under the Ministry of Prime

Minister and also appointed by Asian Institute of Finance (AIF) as a Curriculum Panel

to the professional development of learning programs for financial institutions in

Malaysia.

Prior to joining IBFIM he was appointed as secretary of a renowned financial

institution’s Shariah Advisory Council. He is a proficient trainer in operational aspect

of banking and finance, where he has been invited to share his experience in Russia,

Maldives, France, China, United Arab Emirates, Yemen, Brunei, Hong Kong, Kingdom

of Saudi Arabia, Singapore and Sri Lanka. He is also an invitee lecturer for local and

international universities.

At the same time, he is an avid writer on Islamic financial matters. His articles have

been published in local newspapers/magazines and an international magazine. In

2007, his first book entitled “Islamic Hire Purchase – The Handbook” was published

by IBFIM. In 2011, 3 more practical books have been published by IBFIM – “The

Islamic Banking Practices – From the Practitioner’s Perspective”, “Panduan Asas

Perbankan Islam” (“Basic Guide in Islamic Banking”) and “Islamic Banking Recovery

Process”. His latest publication in 2013 – “Issues in Islamic Finance from the

practitioners’ perspective”.

Razli obtained his Bachelor of Economics from Flinders University of South Australia

in 1989.

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Speaker: Amirullah Haji Abduallah, LLB; PMP

Advisor – Islamic Banking & Finance

Nova Training and Education Institute

Amir is legally trained and has served the banking and finance sector for 25 years. His

last corporate position was the Vice-President-Islamic Banking of the largest financial

institution in Malaysia. His previous positions include the Vice President-Branches /

Operations in the same financial institution. Amir is the current Technical & Strategic

Advisor to a Muslim-based Non-Governmental Organization (NGO) and was the

Charter Member, of the Malay-Arab Business Council of Malaysia. His forte is in the

areas of Islamic Banking and Finance, Marketing, Strategic Planning, Performance

Optimization and Specific Human Capital Development areas and his expertise are

sought after by clients in the Middle East North Africa (MENA) and ASEAN region.

Amir is a Council member of an International consulting entity based in the United

States of America. He is also an Advisor of several Halal manufacturing concerns

specializing in the areas of Halal products in the Pharmaceutical & personal care

sectors. He is also the Panel Member of Industry Specialists specializing in Halal

Operation, Islamic Banking & Manufacturing of SME Bank.

An avid writer, Amir has also acted as Subject matter expert for authors on Islamic

Banking and Finance & he has written and published manuals on Investment and

Islamic Banking & Finance for selected Banking institutions in Malaysia. He has

presented intellectual papers in international conferences & Colloquiums and has

participated in specific subject matter discussions in both local and foreign media.

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Speaker: Mr. Wan Abdul Rahim Kamil Wan Mohamed Ali Distinguished Fellow, Islamic Banking and Finance Institute Malaysia (IBFIM)

A Distinguished Fellow at IBFIM, Mr Kamil currently serves as an Islamic Capital Market

Consultant to the Securities Commission Malaysia and immediately prior to that having

an extensive industry track record in the Islamic finance industry including:

• successful development on the concept of Ar Rahn consumer financing (a

mechanism currently widely adopted by the Islamic ‘pawnshops’ in Malaysia)

for Permodalan Kelantan Berhad;

• advisory role in the Shariah structure and origination of the first RM 1

billion Islamic Asset Backed Securitization (ABS) exercise arranged by Abrar

Discounts Berhad;

• pioneered the development of several Islamic Capital Market products

such as:

• Murabahah Notes Issuance Facility (MuNIF) commercial papers

• Bai’ Bithaman Ajil Islamic Debt Securities (BAIDS) and BAIDS with

Warrants

• Musharakah Debt Securities

• Qardhul Hasan Debt Securities with Warrants.

He is also a member of:

• the Islamic Capital Markets Working Group of Securities

Commission, Malaysia

• the Task Force on Islamic Banking and Takaful for Labuan IOFC

• the Private Debt Securities Task Force, Bank Negara Malaysia

Between 2002 to 2006, Mr Kamil was representing Labuan Offshore Financial Services

Authority, Malaysia as a member of the Market & Product Development Committee of

Bahrain-based International Islamic Financial Market (an entity set up by regulators of

several Islamic finance jurisdictions which focuses on the global standardization of

Islamic Capital & Treasury markets products, documentation and related processes).

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Mohamad Najib Shaharuddin Chief Operating Officer IBFIM CPA (Australia)

Contact details: Tel: +603 2031 1010 e-mail: najib@ibfim.com

Background & Experience

Najib’s involvement in global Islamic finance industry covered stints in domestic and international finance in Malaysia and the Middle East. He started with Bank Islam Malaysia, the first Islamic banking group in Malaysia assuming operational roles in branch network, corporate and international banking, offshore trust services and financial management. He was also involved in the oversight functions in the Group’s retakaful unit, ASEAN Retakaful International (L) Ltd. He was later enlisted to lead the transformation of the Islamic banking window of EON Bank Berhad into EONCAP Islamic Bank Berhad, a subsidiary unit of the group. Prior to his current responsibilities which he assumed since early 2012, he was heading the finance and investment teams of Mawarid Finance PrJSC, a UAE-based licensed Islamic finance company as well as being a member of the board of directors of Dar Al Takaful PJSC, a Takaful operator listed on the Dubai Financial Market.

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