ost vent eport - istisna.kz · ost vent eport 18th annual 21, ... bank & tai boon leong,...

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Post Event Report 18th Annual 21, 22 & 23 November 2011, The Gulf Hotel, Kingdom of Bahrain WIBC is a MEGA Brand. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Global Islamic Finance Industry Since 1993 Contact us: t:+971 4 343 1200 | f:+971 4 343 6003 | P.O. Box 72045, Dubai | www.megaevents.net WIBC : For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 1200 International Industry Leaders. 60 Partners. 50+ Countries. A Unique Global Gathering: WIBC 2011 Supported by Post Event Report Post Event Report Post Event Report

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Page 1: ost vent eport - istisna.kz · ost vent eport 18th Annual 21, ... Bank & Tai Boon Leong, Executive Director, ... According to Prof. Kishore MahbubaniDean and Professor in the Practice

Post Event Report

18th Annual

21, 22 & 23 November 2011, The Gulf Hotel, Kingdom of Bahrain

WIBC is a MEGA Brand. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Global Islamic Finance Industry Since 1993Contact us: t:+971 4 343 1200 | f:+971 4 343 6003 | P.O. Box 72045, Dubai | www.megaevents.net

WIBC: For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders

1200 International Industry Leaders. 60 Partners. 50+ Countries. A Unique Global Gathering: WIBC 2011

Supported by

Post Event ReportPost Event ReportPost Event Report

Page 2: ost vent eport - istisna.kz · ost vent eport 18th Annual 21, ... Bank & Tai Boon Leong, Executive Director, ... According to Prof. Kishore MahbubaniDean and Professor in the Practice

18th Annual

WIBC 2011: Competing for Global Growth2

A MEGA Brand: Shaping the Future of the Global Islamic Finance Industry Since 1993P.O. Box 72045, Dubai, UAE | t. +9714 343 1200 | f+971 4 343 6003 MEGA Brands. MEGA Clients. Market Leaders. www.megaevents.net

18th Annual

Dear Banking & Finance Leader,

On behalf of MEGA, it is my pleasure to present to you the post event report of the 18th Annual World Islamic Banking Conference (WIBC 2011).

Convened under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, the Prime Minister of the Kingdom of Bahrain, WIBC has once again confirmed its position as the world’s largest and the most influential annual gathering of Islamic finance leaders.

Islamic Finance: Competing for Global GrowthHeld under the theme “Competing for Global Growth”, WIBC 2011 broke all previous attendance records as 1,312 industry leaders from over 50 countries gathered in Bahrain from the 22nd - 24th of November 2011. The success of WIBC 2011 further confirmed the strength of this high-profile event in helping to shape the future of the global Islamic banking and finance industry.

The industry leaders gathered at WIBC 2011 were of the opinion that the global financial crisis has given the Islamic financial industry a great opportunity. The obvious flaws in conventional finance have created great international interest in the Islamic financial model. This should provide the basis for the industry to sustain a period of strong growth for the rest of this decade. The growth opportunities are especially strong as Islamic finance has its largest presence in rapidly growing economies that have been least affected by the financial crisis. With the major markets for Islamic finance expected to continue registering high rates of growth, key players in the industry must position themselves to capitalize on the new growth opportunities presented by the increasing internationalization of Islamic banking and finance.

We would like to take this opportunity to thank the Central Bank of Bahrain for their long-term support and their role in making WIBC an unparalleled international gathering of key regulators and thought leaders from the global Islamic finance industry. We would also like to take this opportunity to thank our Jurisdiction Partner the Economic Development Board of Bahrain; and our Platinum Strategic Partners: the National Commercial Bank (NCB), NCB Capital, Ithmaar Bank, Bahrain Islamic Bank, and Abu Dhabi Islamic Bank (ADIB).

We would also like to extend our sincere gratitude to Ernst & Young for their key role in the development of the World Islamic Banking Competitiveness Report 2011/12 which was exclusively launched at WIBC 2011. Titled ‘A Brave New World of Sustainable Growth’, the 2011/12 Report analyzed the key strategies that leading Islamic financial institutions must deploy in order to ensure continued growth in a challenging economic environment.

The 18th annual edition of the World Islamic Banking Conference saw a number of innovations in terms of the content and format of the event which went beyond the ‘conference basics’ not only providing meaningful new insights but also tackling the big picture industry-changing scenarios. The launch of the Islamic Interbank Benchmark Rate (IIBR) at WIBC 2011 marked an important milestone in the global Islamic finance industry by providing an international reference rate for interbank transactions. The participation of official delegations from the United Kingdom, France, Singapore, Bermuda, Luxembourg and Labuan at WIBC 2011 and the country specific roundtable sessions held along the sidelines of WIBC 2011 provided a platform to understand the rapidly changing developments in these dynamic regions and build a deeper relationship between the key markets.

WIBC 2011 was a unique platform for the leading international and regional broadcast media, newspapers and industry trade publications to engage the market leaders on the industry’s most pressing issues.

Given the upbeat pulse of the industry and exciting prospects outlined at WIBC 2011, planning is already underway for the 19th Annual World Islamic Banking Conference (WIBC 2012) which is scheduled to be held from the 9th to the 11th of December 2012 in the Kingdom of Bahrain. We would also like to take this opportunity to invite you to attend the forthcoming 3rd Annual World Islamic Banking Conference: Asia Summit (WIBC Asia 2012) which will be held on the 5th and 6th of June 2012 in Singapore to engage in discussions that will “strengthen international connectivity and capture cross-border opportunities for Islamic finance.”

Once again our sincere gratitude to all our partners, sponsors, speakers and delegates for making WIBC 2011 such a huge success.

Yours sincerely,

David McLeanCheif ExecutiveThe World Islamic Banking ConferenceA MEGA Brand

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 1

WIBC 2011: A Unique Global Gathering of Key Regulators and International Industry Leaders

L-R: H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain; Tirad Mahmoud, Chief Executive Officer, ADIB & Abdulrazzak Mohammed Elkhraijy, Executive Vice President and Head of the Islamic Banking Development Group, The National Commercial Bank-Saudi Arabia

L-R: Khalid Hamad Abdul-Rahman Hamad, Executive Director - Banking Supervision, Central Bank of Bahrain & H.E. Khaled Mohammed Al-Aboodi, Chief Executive Officer & General Manager, The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group (IDB), Saudi Arabia

L-R: Khalid Al Bassam, Chairman, Bahrain Islamic Bank & Tai Boon Leong, Executive Director, Monetary Authority of Singapore

Geographical Representation @ WIBC 2011 Designation Representation @ WIBC 2011

The Growth Story of the WIBC Brand

“The growing internationalization of Islamic finance reflects its ability to be competitive and respond to the complex needs of businesses globally. As the industry’s geographic footprint expands, it is becoming increasingly vital to develop appropriate global frameworks and overcome the challenges of globalization faced by Islamic finance. The World Islamic Banking Conference (WIBC 2011) played a meaningful role in facilitating dialogues to prepare the international Islamic finance industry to “Compete for Global Growth”. The Central Bank of Bahrain was delighted to be again hosting this unique global industry gathering.”

H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain

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18th Annual

WIBC 2011: Competing for Global Growth2

Keynote Addresses @ WIBC 2011Managing the Challenges of Industry Globalization: Strengthening Regulatory

Frameworks to Accelerate the International Development of Islamic Finance

Regulatory Reforms in Islamic Finance:Promoting Stability in Turbulent Times

Competing for Global Growth:Preparing for the Asian Century

Commenting on the need for strengthening regulatory reforms, H.E. Rasheed M. Al Maraj, Governor, Central Bank of Bahrain in his keynote address noted that “the regulatory framework needs to keep pace with an expanding industry. The Islamic financial industry is fortunate in that it has several well-established standard setting bodies, including the Islamic Financial Services Board, the International Islamic Financial Market, and the Accounting and Auditing Organization for Islamic Financial Institutions. Over the years, these standard setting bodies have demonstrated their ability to adapt international standards to the needs of the Islamic financial industry. These bodies now need to take the lead in adapting the new international standards to the specific circumstances of Islamic finance. Ensuring that firms have strong capital and liquidity buffers should not be seen as an optional extra for the industry, but as an essential foundation for its next stage of growth.”

Speaking about regulatory reforms in Islamic finance, Jaseem Ahmed, Secretary-General, Islamic Financial Services Board (IFSB) said that “Islamic finance is a global industry today with tremendous prospects. It thus needs standards attuned to its global investor and stakeholder base. In practical terms, standards for prudential and supervisory practices are critical to achieving the transparency and stability objectives that underpin the legal and regulatory framework. Having a global set of standards provides a common benchmark for mainstreaming Islamic finance within each national jurisdiction.”

In his keynote address, H.E. Khaled Mohammed Al-Aboodi, Chief Executive Officer & General Manager, The Islamic Corporation for the Development of the Private Sector, the private sector arm of the Islamic Development Bank Group (IDB), Saudi Arabia said that “the pre-requisites for a sustained growth in Islamic finance are many. Nonetheless, one of the main issues that the industry is facing is the lack of sufficient and sound regulatory framework in some aspects of the industry’s operations. Effective prudential supervision on banks is quite vital and crucial in the Islamic banking sector. Furthermore, a system of proper corporate governance processes which are relevant and particular to Islamic principles must be in place in our financial institutions. In addition, the introduction of liquid, equity-based risk sharing and capital adequacy frameworks will shield Islamic institutions from the effects of future shocks and will help build a more sustainable financial system.”

According to Prof. Kishore Mahbubani, Dean and Professor in the Practice of Public Policy, Lee Kuan Yew School of Public Policy, National University of Singapore, “after two centuries of Western domination, the world is returning to the historical norm of two millennia. Asia is returning to the center stage of world history. This is due to the fact that Asians have absorbed and understood the Western best practices in many areas, from free-market economics to the embrace of innovative science and technology, meritocracy and rule of law. And they have become innovative in their own ways, creating new patterns of cooperation. Hence, Goldman Sachs has predicted that in 2050, the four largest economies in the world will be China, India, USA and Japan.”

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 3

Capitalizing on New Growth Opportunities Driven bythe Increasing Internationalization of Islamic Finance

CEOs & Industry Leaders’ Power Debate

Global Islamic Banking Assets with Commercial Banks to Reach$1.1 Tn in 2012, Up 33% from US$826 Bn in 2010

In collaboration with

The World Islamic Banking Competitiveness Report, a ground-breaking initiative designed to not only identify but also to raise the bar of competitive excellence, strategic leadership and performance improvement in the global Islamic finance industry, now in its 8th annual edition, analyzed key strategies that leading Islamic financial institutions must deploy in order to ensure continued growth in a challenging economic environment.

According to the report, two key themes are starting to emerge. The first is the need for excellence in banking operations and the second is to improve product innovation. The combined MENA Islamic banking profit pool could rise to US$15 - 19 billion in 2015 from the 2010 levels of US$5 - 6 billion, primarily by combining operational transformation with a more robust risk infrastructure. Potential growth opportunities for regional Islamic banks include the emerging Islamic geographies, growing affluence among retail customers, better alignment with real economy and rising SME banking.

The Exclusive On-site Launch of the World Islamic BankingCompetitiveness Report 2012

Hussain Ali Sharaf, Director - Islamic Financial Institutions Supervision Directorate, Central Bank of Bahrain launching the report with Essa Al-Jowder, Office Managing Partner, Ernst & Young - Bahrain.

Tirad MahmoudChief Executive OfficerADIB

Syed Abdull Aziz Jailani Bin Syed KechikChief Executive OfficerOCBC Al-Amin Bank Berhad

Abdulrazzak Mohammed ElkhraijyExecutive Vice President and Head ofthe Islamic Banking Development GroupThe National Commercial Bank-Saudi Arabia

Dr. Salah Addeen A Qadar SaeedGeneral Manager – Credit & Risk ManagementBahrain Islamic Bank

Toby O’ConnorChief Executive OfficerThe Islamic Bank of Asia

Asad A AhmedChief Executive OfficerGulf African Bank

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18th Annual

WIBC 2011: Competing for Global Growth4

Paradigm Shift in the Global Islamic Financial Markets: Creating a New BenchmarkUnveiling of a World First: Launch of the Islamic Interbank Benchmark Rate (IIBR)

Industry Leaders at the IIBR Launch @ WIBC 2011

Thomson Reuters launched the world’s first Islamic finance benchmark rate, designed to provide an objective and dedicated indicator for the average expected return on Shariah-compliant short-term interbank funding. The Islamic Interbank Benchmark Rate (IIBR), announced at the 18th Annual World Islamic Banking Conference in Bahrain, uses the contributed rates of 16 Islamic banks and the Islamic sections of conventional banks to provide a reliable and much-needed alternative for pricing Islamic instruments to the conventional interest-based benchmarks used for mainstream finance.

Led by

Nasser Saidi, Chief Economist,Dubai International Financial Centre (DIFC)Chairman, IIBR

Rushdi SiddiquiGlobal Head of Islamic FinanceThomson Reuters

“The establishment of the IIBR marks an important milestone in the maturation of Islamic money markets by providing an international reference rate for interbank transactions. Conventional money markets have relied on LIBOR, which by definition does not comply with Shariah conventions. Islamic markets will be able to rely on the IIBR and it will become an international reference rate for both conventional and Shariah-compliant transactions. Our aim is to provide an IIBR that is reliable, timely, representative of market conditions, transparent in its construction and accepted as the market reference. Islamic money and financial markets are coming of age and becoming part of the mainstream.”

“The delinking from conventional performance benchmarks started more than a dozen years ago and now we are extremely proud to offer the world’s first Islamic pricing benchmark, the Thomson Reuters Islamic Interbank Benchmark Rate. We have taken a collaborative approach as industry challenges are best solved by industry players working towards a common objective. The simplicity and robustness of the new benchmark’s methodology, governance, and transparency, combined with the endorsement of many respected Islamic financial institutions and scholars, will result in a reliable and realistic benchmark that better measures cost of funding for Islamic financial institutions. Together we are taking an important step forward for Islamic finance authenticity.”

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 5

The World Comes to WIBC Initiative: Creating a Truly Global Platform

The UK Roundtable: Islamic Finance and the UK: Building International Partnerships

The World Comes to WIBC Initiative is a collaborative platform designed to highlight and discuss key issues that the Islamic finance industry is facing in various key jurisdictions. WIBC 2011 showcased the Islamic finance capabilities and innovations in Britain, France, Singapore, Bermuda, Luxembourg and Labuan

WIBC 2011 will feature a fully-fledged UK pavilion which will showcase the leading institutions from the United Kingdom.

“With a proven track record as a leading international financial centre and a long history of building strong regulatory infrastructure, the United Kingdom is keen to further establish its links and partnerships with the international Islamic finance industry. Given the UK’s strong financial and trade links with the Gulf and South East Asia, which are the major centres for Islamic finance, there are tremendous opportunities for cross-border investment flows that are Shari’ah-compliant. The progress made by UK firms in the Islamic finance industry is notable and the UK Pavilion at the World Islamic Banking Conference 2011 was an opportune platform to showcase the Islamic finance capabilities of the UK and further build our relationships with the leading international players.”

HMA Iain Lindsay OBE, British Ambassador to Bahrain, British Embassy Bahrain

“Bahrain continues to be widely recognised as a global leader in Islamic finance, and is also home to a number of central bodies which set the standards for the industry across the globe. Guiding over thirty countries on conducting business by Islamic principles has provided many investors with the confidence they need despite the turbulent market conditions in recent years. We have built a solid foundation for Islamic banking in the Kingdom; presently there are more than twenty five Islamic banks and the monthly issues of the Sukuk Al-Salam Islamic securities are regularly over-subscribed.

Given our heritage in Islamic Banking, and our commitment to a strong future for the sector, we are proud to continue to host and support the 18th Annual World Islamic Banking Conference.”

Shaikh Mohamed Bin Essa Al-Khalifa, Chief Executive, Bahrain Economic Development Board

From L-R: Nicholas Edmondes, Partner, Trowers & Hamlins, Chairman, TheCityUK GCC Advisory Group; HMA Iain Lindsay OBE, British Ambassador to Bahrain, British Embassy Bahrain; Farmida Bi, Partner and Head of Islamic Finance, Europe, Norton Rose Group; Cassim Docrat, Director, DDCAP (DIFC) Limited; Safdar Alam, CEO, Solum Asset Management; Mohammad Farrukh Raza, Founder and Managing Director, Islamic Finance Advisory & Assurance Services (IFAAS) and Darshan Bijur, Director - Islamic Finance and Investments, KPMG

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18th Annual

WIBC 2011: Competing for Global Growth6

The World Comes to WIBC Initiative: Creating a Truly Global Platform

Showcasing France @ WIBC 2011

Islamic Finance New Development in France - Growth & Opportunities:The France Roundtable at WIBC

H.E. Yves Oudin, Ambassador of France in Bahrain delivering his keynote address at the France Roundtable Session

Showcasing @ WIBC 2011A Part of the World Comes to WIBC Initative

“With the ambition to build long-term relationships between France and the Middle-East, Invest in France Agency is proud and convinced of the importance of taking part in WIBC 2011, an opportunity of sharing experiences and paving the way to a sustainable growth”.

David Appia, French Ambassador for International Investment Chairman & CEO, Invest in France Agency

From L-R: Salim SAIFI, Chief Representative- Middle East, Invest in France Agency - Middle East; Jacques Tripon, BNP Paribas Najmah; Gilles St Marc, Partner - Member of the steering committee of Paris Europlace, Gide Loyrette Nouel / Paris Europlace; Anass Patel, Managing Partner, 570 Asset Management; Marc Mariani, Partner, Baker & McKenzie

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 7

Executive Briefings & Pre-Conference WorkshopsProviding a Practical Framework

“Asia offers many new opportunities for Islamic financial institutions to diversify their markets and grow their international presence. There is scope for greater co-operation between the Middle East and Asia to foster long-term economic growth. The WIBC as well as its sister conference WIBC Asia in Singapore brings the two regions and their financial institutions closer together.”

Ng Nam Sin, Assistant Governor (Development), Monetary Authority of Singapore

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18th Annual

WIBC 2011: Competing for Global Growth8

Competing for Global Growth More than 1,200 Industry Leaders Gathered at WIBC 2011

“We are proud to be associated with the 18th Annual World Islamic Banking Conference in Bahrain as its Gold Strategic Partner. The country remains a popular destination for foreign investors on account of its established regulatory practices, transparency and adherence to international standards. We strongly believe that Bahrain will continue to see strong growth in its financial sector. Regional economies have helped to raise the level of competition but Bahrain is still at the forefront and aptly retains its title as one of the largest financial centres in the region. There are several opportunities to be tapped within the country to secure good returns and long-term sustainability. We will continue to support such industry events where large group of Islamic Banking experts gather to propel the industry forward.”

Jamal Hijres, Chief Executive Officer, Capinnova Investment Bank

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 9

Showcasing Innovative Solutions: The World Islamic Banking Exhibition

“Quantum Investment Bank is delighted to be part of the 18th Annual World Islamic Banking Conference as a Gold Strategic Partner. With the industry still feeling the after effects of the financial crisis, this event plays a crucial role in exchanging ideas, views and experiences. We were pleased to partner with this prestigious event which brought together the world’s finest Islamic bankers on a platform which allows innovation to breed.”

Dr. Idriss Ghodbane, Chief Executive Officer, Quantum Investment Bank

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18th Annual

WIBC 2011: Competing for Global Growth10

Showcasing Innovative Solutions: The World Islamic Banking Exhibition

“The global Islamic banking and finance industry has seen tremendous growth internationally and Bahrain is at the forefront of this growth and has a long history of being a pioneer in the global industry. With the industry now beginning to break out from its niche status to achieve critical mass in the global financial system, it is essential that we prepare the industry to tackle the challenges ahead. As a renowned, leading and global integrated wholesale Islamic banking institution, our partnership with the World Islamic Banking Conference highlights our commitment to the industry in creating a dynamic environment that will contribute to the sustainable growth of the Islamic finance industry. As a Gold Strategic Partner of the 18th Annual WIBC, were delighted to be a part of the discussions that defined the next stage of evolution for the global Islamic finance industry.”

Dr. Jamil El-Jaroudi, Chief Executive Officer, Elaf Bank

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 11

Showcasing Innovative Solutions: The World Islamic Banking Exhibition

A World of Media Coverage

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18th Annual

WIBC 2011: Competing for Global Growth12

The WIBC Awards: Celebrating Excellence & Leadership in the Global Islamic Finance Industry

The WIBC Islamic Banker of the Year Award 2011 : Tirad Mahmoud, Chief Executive Officer of ADIB receiving the award from H.E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain

The WIBC Outsanding Contibution Award 2011 : Ijlal Ahmed Alvi, Chief Executive Officer of International Islamic Financial Market (IIFM) receiving the award on behalf of IIFM from H.E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain. Also seen: Khalid Hamad Abdul-Rahman Hamad, Executive Director - Banking Supervision, Central Bank of Bahrain and Vice Chairman IIFM (Far Right)

The WIBC Institutional Excellence Award 2011: Dr. Jamil El-Jaroudi, Chief Executive Officer of Elaf Bank receiving the award on behalf of Elaf Bank from H.E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain

The WIBC Thought Leadership Award 2011: Noor Abid, Managing Partner, Assurance, Ernst & Young Middle East and North Africa receiving the award on behalf of Ernst & Young from H.E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain

The award winners with H.E. Rasheed M. Al Maraj, Governor of the Central Bank of Bahrain

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18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 13

Thanks to our Partners & SponsorsA Record 65 Sponsors & Exhibitors @ WIBC 2011

Strategic Associate Islamic FinanceAdministration Partner

Gold Strategic Partner &Pre-Conference Luncheon Host

Gold Strategic Partner& Gala Dinner Host

Gold Strategic Partner& Conference Luncheon

Host Day 2

Investment & Advisory Partner

Financial Information Partner

Knowledge Partner VIP Networking Host

Delegate Badge SponsorShari’ah Advisory Associate Corporate Exhibitor

Islamic Professional Services Partner

Lanyard SponsorRatings Workshop Hosted by

Workshop Hosted by Refreshment Break Hosted by

Gold Strategic Partners

Silver Strategic Partners

Silver Strategic Partners

Jurisdiction Partner

Platinum Strategic Partners

Showcasing Luxembourg for Islamic Finance

Singapore @ WIBC 2011 Hosted By

ShowcasingShowcasing

Islamic Financial Services Associate & Award Auditor

Leadership Partner

Supported by

Associate Partners

Multilateral StrategicPartner

France RoundtableHosted By

Announcing the Launch of the WIBC Report 2011 / 12

In collaboration with

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders

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18th Annual

WIBC 2011: Competing for Global Growth14

570 Asset Management

ABC Islamic Bank (E.C)

Ableace Raakin

Abu Dhabi Equity Partners

Abu Dhabi Islamic Bank (ADIB)

Accounting & Auditing Organization for Islamic Financial Institutions (AAOIFI)

ACR ReTakaful MEA B.S.C. ©

AFKAR Holding

Agence France Presse

Ahli United Bank K.S.C.

Ahlia University

AIESEC - Bahrain

Akhbar Al Khaleej

Al Arayedh Group Holding W.L.L.

Al Ayam Newspaper

Al Baraka Banking Group B.S.C.

Al Baraka Islamic Bank B.S.C.

Al Bassam Investment Company

Al Bayan Magazine

Al Bilad Newspaper

Al Bilad Newspaper

Al Fajr Advisory Services

Al Hayat Newspaper

Al Hilal Bank

Al Huda CIBE

Al Kabeer International Company B.S.C. ©

Al Maalya - Islamic Finance Services

Al Morakeb Al Inmai Magazine

Al Naba Newspaper

Al Rajhi Bank

Al Rajhi Capital

Al Roaya Al Eqtisadiah Newspaper

Al Salam Bank - Bahrain BSC

Al Seyassah

Al Wasat Newspaper

Al Watan Newspaper

Al-Arabiya News Channel

Alchemy Capital Advisors

Al-Eqtisadiah Newspaper

Alinma Bank

Allfunds Bank SA

Allianz Takaful B.S.C. ©

Alubaf Arab International Bank B.S.C

Alvarez & Marsal Middle East Ltd.

AMA International University Bahrain (AMAIUB)

American University of Sharjah

Amjaad Development

Apex Fund Services Bahrain WLL

Apex Fund Services Holdings Ltd.

Arab Banking Corporation (B.S.C.)

Arab Islamic Bank

Arab News Network (ANA)

Arab Petroleum Investments Corporation(APICORP)

Arcapita Bank B.S.C. ©

Arendt & Medernach

Arriyada Economic Consultant Centre

Asharq Al Awsat Newspaper

ASSAIF

Association of the Luxembourg Fund Industry (ALFI)

Aswaq

Asya Katilim Bankasi A.S.

Bahrain Advanced Technology Co. W.L.L

Bahrain Association of Banks (BAB)

Bahrain Chamber for Dispute Resolution - AAA

Bahrain Economic Development Board (EDB)

Bahrain Financial Exchange BSC (BFX)

Bahrain Financial Harbour Holding

Company B.S.C. ©

Bahrain Institute of Banking and Finance (BIBF)

Bahrain Insurance Association (BIA)

Bahrain Islamic Bank B.S.C. (BisB)

Bahrain Mumtalakat Holding Company B.S.C

Bahrain News Agency (BNA)

Bain & Company

Baker & McKenzie SCP

Bank AlBilad

Bank Alfalah Limited

Bank Alkhair B.S.C ©

Bank Asya

Bank Islam Brunei

Bank Millie Afghan

Bank of Khartoum

Bank of Tokyo-Mitsubishi UFJ

Bank Muscat

Banka Kombetare Tregtare (BKT)

Banque De Luxembourg

Barhain Radio

BDO LLP

Birla Institute of Technology International Center (BITIC)

BKT

Blake, Cassels & Graydon LLP

Bloomberg L.P.

BMI Bank B.S.C.

BNP Paribas

Bobby Agha Consulting

Booz & Co.

Borden Ladner Gervais LLP

British Embassy - Bahrain

Burj Bank Ltd.

Business Bermuda

CACEIS Bank Luxembourg

CACEIS Investor Services

Capinnova Investment Bank B.S.C ©

Capital Management House

Capital Partners Holdings

Cash and Trade Magazine

Central Bank of Bahrain

Central Bank of the Republic of Turkey

Chaabi Bank

Charles Russell LLP

Chartered Institute for Securities & Investment (CISI)

Chartis Takaful Enaya B.S.C. ©

Chase Bank (Kenya) Ltd.

CIBAFI

Citi Islamic Investment Bank E.C.

Clifford Chance LLP

Club Affaires Franco Bahreini

CNBC Arabia

Conyers Dill & Pearman

Cordoba Capital

CPI Financial

Credit Agricole

Daily Tribune

DDCAP Limited

DDGI Limited

Deloitte

Deutsche Bank

Dow Jones Indexes

Dubai International Financial Centre (DIFC)

Dubai Islamic Bank

Edbiz Consulting Ltd

Education Zone Fz. LLC.

eGovernment - Kingdom of Bahrain

EIGER Trading Advisors Ltd

Elaf Bank

Embassy of Canada - Bahrain

Embassy of France - Bahrain

Embassy of Kuwait - Bahrain

Embassy of the Philippines - Bahrain

Embassy of the United States of America - Bahrain

Emirates NBD

Ernst & Young

Eskan Bank

Euram Bank Asia Limited

Euroclear Bank - Dubai Representative Office

European Islamic Investment Bank PLC (EIIB)

Eurx

Eversheds LLP, Qatar

Export-Import Bank of Malaysia Berhad

Ezone

Factset Research Systems Inc.

FinMark Communications

First Energy Bank

First Habib Modaraba

Fiserv

FitchRatings

Frontier Power Limited

General Council For Islamic Banks and Financial Institutions

Gide Loyrette Nouel

Global Banking Corporation BSC © (GBCorp)

Gulf African Bank

Gulf Banking Consultants W.L.L. (GBC)

Gulf Daily News

Gulf Finance House B.S.C.

Gulf International Bank B.S.C. (GIB)

Gulf-Press

Hannover ReTakaful B.S.C ©

Harvard Law School - Islamic Legal Studies Program

Harvard University

Herbert Smith LLP

HSBC Amanah

HSBC Bank Middle East Limited

IE Singapore

IMC Ijara Management Company

Inchcape Shipping Services W.L.L.

International Business Group

International Centre For Education in Islamic Finance (INCEIF)

International Enterprise Singapore

International Investment Bank B.S.C. © (IIB)

International Islamic Financial Market (IIFM)

International Islamic Liquidity Management Corporation

International Islamic University Malaysia (IIUM)

International Swaps and Derivatives Association, Inc.

International Turnkey Systems (ITS)

Invest In France Agency

Invita Company B.S.C. ©

ISDB - Islamic Research & Training Institute

Islamic Economics & Finance Pedia

Islamic Finance Advisory & Assurance Services (IFAAS)

Islamic Financial Services Board (IFSB)

Islamic Global Distribution Platform

Islamic International Rating Agency (IIRA)

Ithmaar Bank B.S.C.

Jamia Darul Uloom Karachi

JCR-VIS Credit Rating Company Limited

JPMorgan Chase Bank N.A.

JTPC Services

Karim Business Consulting

Keypoint Consulting W.L.L.

KFUPM

Khaleej Times

Khaleeji Commercial Bank B.S.C. (c)

King & Spalding LLP

KMPG Fakhro

Kuwait Finance House (KFH) - Kuwait

Kuwait Finance House Bahrain B.S.C. ©

Kuwait News Agency

Kuwait Petroleum Corporation

Kuwait Turkish Participation Bank Inc.

Kuwait TV

La Jolla Group

Labuan IBFC, Malaysia

Lancaster House

Layalina Magazine

Legal & General Gulf B.S.C. ©

Liquidity Management Centre B.S.C.

Liquidity Management House for Investment Co. K.S.C.C

LOE Group

Luxembourg for Finance

Malayalam News

Malayan Banking Berhad (Maybank)

Malaysian National News Agency (Bernama)

Malaysian Rating Corporation Berhad (MARC)

Mashaya Services

Massmedia

Mauritanie Leasing

Mauritanie Oumrane.SA

Mawarid Finance

MEED

Millennium International

Ministry of Finance - Bahrain

Ministry of Foreign Studies

Mizuho Corporate Bank, Ltd.

Monetary Authority of Singapore (MAS)

MTI Consulting

National Bank of Abu Dhabi (NBAD)

National Bank of Bahrain

National Bank of Kuwait (NBK)

National Commercial Bank (NCB)

National University of Singapore

Natixis - Middle East

NCB Capital

New Kabul Bank

New York Institute of Technology (NYIT)

Nexus Financial Services WLL

Noor Islamic Bank PJSC

Norton Rose Group

OCBC Al-Amin Bank Berhad

OGIER Private Wealth

Ohad Trust B.S.C. ©

Optimiza

Oversea-Chinese Banking Corporation Limited (OCBC Bank)

Pakistan Embassy in Bahrain

Paris Europlace

Path Solutions

Peppers&RogersGroup

Petro Star

Philippine Embassy - Bahrain

Pinsent Masons LLP

PricewaterhouseCoopers

Primedia International

Propel Consult

Qatar Financial Centre Authority (QFCA)

Qatar Islamic Bank (QIB)

Qays H. Zu’bi, Attorneys & Legal Consultants

Quantum Investment Bank

Rasameel - Structured Finance Co.

RedMoney Group

Reef Real Estate Finance Co. BSC ©

Richmond Commodities Limited

Riverbend Consulting

Rothschild

SABANA Real Estate Investment Management Pte. Ltd.

SAICA - The South African Institute of Chartered Accountants

Sakana Holistic Housing Solutions B.S.C ©

Samba Financial Group

Sarasin-Alpen (Bahrain) B.S.C. ©

Saudi Aramco

Saudi Hollandi Bank

Saudi Steel Pipe Company

Saudi TV

Saudiyat.net

Seera Investment Bank B.S.C. ©

SEI Investments Global Fund Services Ltd. (SEIC)

Shariyah Review Bureau

Singapore Economic Development Board

Singapore Management University (SMU)

SNR Denton & Co

Societe Generale

Solidarity General Takaful B.S.C. ©

Solum Asset Management

Solvay Brussels School of Economics & Management (SBS-EM)

Sphinx Services Ltd

Standard Chartered Bank

State Bank of Pakistan

Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)

t’azur Company b.s.c. ©

Tenso Digital Marketing

Tharawat Investment House

The Bank of Tokyo-Mitsubishi UFJ, Ltd.

The Directors Counsel

The Directors Counsel

The Family Office Co. BSC©

The Gulf Academy

The Gulf Magazine

The International Bank of Azerbaijan

The International Institute for Strategic Studies Middle East (IISS)

The Islamic Bank of Asia Ltd (IB Asia)

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)

The Islamic Development Bank Group

The Islamic Globe

The Kingdom University

Theisen Law

Third Wave International

Thomson Reuters

Tradition Dubai Ltd.

Trident Financial & Accounting Consulting W.L.L.

Trowers & Hamlins

Turkish Embassy - Bahrain

Turkiye Finans Katilim Bankasi A.S.

Twentyfoursevennews.com

UM Financial Group

United Gulf Bank B.S.C.

University of Bahrain

Venture Capital Bank

Warba Bank

Weber Shandwick - MENA

World-Check

Yorvik

Zaid Ibrahim & Co.

Successfully Meeting the Industry Needs Senior Executive Teams Representing Over 330 Leading Organisations Attended WIBC 2011

Page 17: ost vent eport - istisna.kz · ost vent eport 18th Annual 21, ... Bank & Tai Boon Leong, Executive Director, ... According to Prof. Kishore MahbubaniDean and Professor in the Practice

18th Annual

For 18 Years the World’s Largest Annual Gathering of Islamic Finance Leaders 15

Successfully Meeting the Industry Needs Senior Executive Teams Representing Over 330 Leading Organisations Attended WIBC 2011

Thanks to our Media & Information Partners

ANNOUNCING WIBC 2012

Strategic Broadcasting Partner Investment Community Partner Online Media Partners

Media Associates

Global Communication Partners Strategic Media Partners

Lead Media Partner Global Media Partner

19th Annual

9, 10 & 11 December 2012, The Gulf Hotel, Kingdom of Bahrain

WIBC is a MEGA Brand. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Global Islamic Finance Industry Since 1993Contact us: t:+971 4 343 1200 | f:+971 4 343 6003 | P.O. Box 72045, Dubai | www.megaevents.net

For more info please contact [email protected]

1200 International Industry Leaders. 60 Partners. 50+ Countries. A Unique Global Gathering: WIBC 2012

WIBC: For 19 Years the World’s Largest Annual Gathering of Islamic Finance Leaders

Supported by

Page 18: ost vent eport - istisna.kz · ost vent eport 18th Annual 21, ... Bank & Tai Boon Leong, Executive Director, ... According to Prof. Kishore MahbubaniDean and Professor in the Practice

AMEIS is a MEGA Brand. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future Investment Landscape between Asia and the Middle EastContact us: t:+971 4 343 1200 | f:+971 4 343 6003 | P.O. Box 72045, Dubai | www.megaevents.net

WIBC Asia is a MEGA Brand. MEGA Brands. MEGA Clients. Market Leaders. Shaping the Future of the Global Islamic Finance Industry Since 1993Contact us: t:+971 4 343 1200 | f:+971 4 343 6003 | P.O. Box 72045, Dubai | www.megaevents.net

3rd Annual

5 & 6 June 2012, Grand Hyatt, Singapore

Supported by

Strengthening International Connectivity - Islamic Finance:Capturing Cross-Border Opportunities

Bridging Investment Flows Between Asia and Middle East

Supported by

7 June 2012, Grand Hyatt, Singapore

Platinum Strategic Partner &Conference Luncheon Host Day 2

Platinum Strategic Partners

Showcasing Knowledge PartnerGold Strategic PartnerReal EstateInvestment Partner

Associate Partners

To participate in this prestigious event contact: [email protected] | t:+971 4 343 1200 | f:+971 4 343 6003 | www.megaevents.net/islamic_banking

To participate in this prestigious event contact: [email protected] | t:+971 4 343 1200 | f:+971 4 343 6003 | www.megaevents.net/asia-middleeast_investment