13TH INTERNATIONAL SHARI’AH SCHOLARS FORUM

ISLAMIC SOCIAL FINANCE:

REALITIES AND PROSPECTS
Datuk Dr. Mohd Daud Bakar ◆ Prof. Dr. Mohamad Akram Laldin ◆ Sheikh
Dr. Abdul Sattar Abu Ghuddah ◆ Sheikh Dr. Nizam M.S. Yaquby ◆ Sheikh
Prof Dr Ali Muhyiddin Al Qaradaghi ◆ Sheikh Ebrahim Bin Khalifa Al-Khalifa
◆ Prof. Dr. Mohamed Ali Elgari ◆ Sheikh Prof. Dr. Muhammad Abdul
Razaq Al-Tabtaba’i ◆ Dr. Humayon Dar ◆ Prof. Dr. Ashraf Md Hashim ◆
Assoc. Prof. Dr. Aznan Hasan ◆ Prof. Dr. Engku Rabiah Adawiyyah Engku
Ali ◆ Sheikh Dr. Muhammad Qirat ◆ Sheikh Dr. Osaid Adeb al-Kailani ◆ Dr.
Abdurrahman As-Saadi ◆ Dr. ĺsmail Haliyoğlu ◆ Sheikh Abdul Sattar
al-Qattan ◆ Assoc. Prof. Dr. Abdulrazzaq A. Alaro ◆ Sheikh Dr. Bashir Aliyu
Umar ◆ Dr. Imran Ashraf Usmani ◆ Dr. Marjan Muhammad ◆ Sheikh Dr.
Azzeddine Ben Zaghiba ◆ Asst. Prof. Dr. Ziyaad Mahomed
and more!

Patron Organised by Supporting Instituition Sponsor Knowledge Partner

13TH INTERNATIONAL SHARI’AH SCHOLARS FORUM

ISLAMIC SOCIAL FINANCE:

REALITIES AND PROSPECTS
The International Shariah Research Academy for Islamic Finance (ISRA), in partnership with the
Islamic Research and Training Institute (IRTI), is proud to bring you the 13th International Shari’ah
Scholars Forum 2018 (ISSF2018) on 1-2 October 2018 at the InterContinental Hotel Kuala Lumpur.

This year ISSF2018 will be focusing on Islamic Social Finance: Realities and Prospects. The main
objective in choosing this topic is to enhance understanding of the concept of Islamic social
finance from a maqasid perspective. To that end, the main Islamic social finance instruments and
their underlying guiding principles will be examined. As always, this will be done in the spirit of
appreciating diversity across key Islamic finance jurisdictions in the operations and regulations
applicable to Islamic social finance institutions. The aim is to establish a maqasid framework to
guide Islamic social finance institutions and promote integration of Islamic social finance
institutions with other Islamic financial institutions. This is part of the process of advancing a
sustainable financial ecosystem driven by Shari’ah characteristics and values. The integration of
Islamic social finance goals with sustainable development goals (SDG) and ESG will help create an
overarching values-based ecosystem. The opening dialogue addresses some Shari’ah concerns
pertaining to integration and diversity in Islamic social finance operations.

ISSF2018 aims to provide a platform for Shari’ah experts, regulators, industry practitioners and all
involved in Islamic finance across the globe to share their knowledge, experience and expertise
for the purpose of strengthening and further developing Islamic social finance internationally.
SPEAKERS
MEET OUR PROMINENT SCHOLARS

D AT U K D R . M O H D PROF. DR. MOHAMAD SHEIKH DR. NIZAM

DAUD BAKAR AKRAM LALDIN M . S . YA Q U B Y

SHEIKH PROF. DR. SHEIKH DR. BASHIR SHEIKH PROF. DR.

MUHAMMAD ABDUL ALIYU UMAR MOHAMED ALI ELGARI
R A Z A K A L- TA B ATA B ’ I

SHEIKH PROF. DR. ALI D R . H U M AYO N D A R PROF. DR. ENGKU

MUHYIDDIN AL QARADAGHI R A B I A H A D AW I A H
ENGKU ALI

S H E I K H E B R A H I M B I N K H A L I FA A L - K H A L I FA
S H E I K H D R . M U H A M M A D Q I R AT
S H EIK H D R . O SA I D A D E B A L- KA I L A NI
ASSOC. PROF. DR. AZNAN HASAN
DR. ABDURRAHMAN AS-SAADI
DR . ĺSM A I L HA L I YO ĞLU
DR. IMRAN ASHRAF USMANI
DR. MARJAN MUHAMMAD
S H E I K H A B D U L S AT TA R A L - Q AT TA N
DR ABDUL BARI MASHAL
SHEIKH DR. AZZEDDINE
BEN ZAGHIBA A S S T. P R O F . D R . Z I YA A D M A H O M E D

...AND MORE!
FORUM AGENDA
D AY 1 1 S T O C T O B E R 2 0 1 8

Time Agenda
8.00 AM Registration

Welcoming Remarks
Prof. Dr. Mohamad Akram Laldin
Executive Director, ISRA
9.00 AM
Dr. Humayon Dar
Director General, IRTI

Opening Speech
9.10 AM
“Value-based Intermediation: Prospects And Challenges”

Keynote Speech
9.30 AM “Valued-based Intermediation From Maqasid Perspective”
Sheikh Ebrahim Bin Khalifa Al-Khalifa, Chairman, AAOIFI Board of Trustee

9.50 AM Special Presentations by ISRA

10.00 AM Refreshments & Networking

Session 1:
“Maqasid Framework For Socially Responsible Financing And Value-based Intermediation”

Presenters:
Prof. Younes Soualihi, Senior Researcher, ISRA
10.15 AM Sheikh Dr. Muhammad Qirat, Shariah Scholar, University of Al Quaraouiyine, Morocco

Discussants:
Sheikh Dr. Azzeddine Ben Zaghiba, Director, Research and Publication, Jumah Majid Centre for Civilisation
and Heritage, Dubai
Dr. Ahmad Asad Mahmood Ibrahim, Principal Lecturer, Islamic Finance Centre, Bahrain
Session 2:
“Valued-based Intermediation: Scope And Means To Actualize It In Islamic Finance”

Presenters:
11.15 AM Dr. Marjan Muhammad, Head of Quality Assurance, ISRA
Mr. Rafe Haneef, CEO, CIMB Islamic Berhad

Discussant:
Sheikh Dr. Kahlan Al Khuruusi, Deputy Mufti of Oman
Session 3:
“Appraisal Of Islamic Social Financing Projects In Light Of Environmental, Social And Governance (“ESG”) And
Socially Responsible Investment (“SRI”) Framework”

Presenters:
12.15 PM
Dr. Salman Syed Ali, Senior Research Economist, IRTI
Dr. Kinan Salim, Research Fellow, INCEIF

Discussant:
Dr. Mustafa Omar Muhamad, Assoc. Prof. of Islamic Economic, IIUM

1.15 PM Lunch & Dhuhr Prayer

2.30 PM Video Presentation by ISRA & Deloitte on Sukuk Report

Session 4:
“Enhancement Of Islamic Social Financing Products: Realities And Innovation Challenges”

Presenters:
Dr. Imran Ashraf Usmani, Shariah Advisor, Meezan Bank, Pakistan
2.40 PM
Dr. Farrukh Habeeb, Researcher, ISRA
Dr. Moutaz Abojeib, Researcher, ISRA

Discussant:
Assoc. Prof. Dr. Aznan Hasan, President, Association of Shari’ah Advisors (ASAS)

Session 5:
“Legal And Regulatory Framework For Islamic Social Finance: Issues And Solutions”

Presenters:
Assoc. Prof. Dr. Abdulrazzaq A. Alaro, Professor of Islamic Law, University of Ilorin, Nigeria
3.40 PM Sheikh Dr. Ghulam Misbahi Muqaddam, Shari’ah Scholar, Securities and Exchange Organization of Iran (SEO)

Discussant:
Sheikh Prof. Dr. Ali Muhyiddin Al Qaradaghi, Secretary General of the International Union of Muslim Scholars
Prof. Dr. Engku Rabiah Adawiyyah Engku Ali, Institute of Islamic Banking and Finance (IIBF), IIUM

5.00 PM End Of First Day

FORUM AGENDA
D AY 2 2 N D O C T O B E R 2 0 1 8

Time Agenda
Keynote Address
9.00 AM “Islamic Social Financing Instruments: Concepts And Principles”
Dr. Humayon Dar, Director General, IRTI

Session 1:
“Harmonization Between The Goals Of Islamic Social Finance And Sustainable Development Goals (SDG)”

Presenter:
Asst. Prof. Dr. Ziyaad Mahomed, Faculty Member, INCEIF
9.30 AM
Discussants:
Dr. Hamim Syahrum Ahmad Mokhtar, Deputy Director, Islamic Banking and Takaful Department, Bank
Negara Malaysia (BNM)
Dr. Osama Al Dereai, Managing Director, Bait Al Mashura
10.30 AM Refreshments & Networking

Session 2:
“Integration Between Commercial Financing And Islamic Social Financing Instruments”

Presenters:
10.45 AM Mr. Nasir Haidar, General Director, Al Salaam Bank Algeria
Dr. Ahmed Tahiri Jouti, COO, Al Maali Group

Discussants:
Sheikh Dr. Osaid Adeb al-Kailani, Abu Dhabi Islamic Bank and Member of IILM Shariah Committee
Sheikh Dr. Esam Khalaf al-Inzi, Assistant Professor of Fiqh, Kuwait University

Session 3:
“The Integration And Development Of Waqf Model Through The Islamic Finance Industry”

Presenter:
11.45 AM Dr. Layachi Feddad, Senior Shari’ah Specialist, IRTI

Discussants:
Sheikh Dr. Abdul Azeez al-Qassar, Shariah Consultant and a Shariah Committee Member of IILM
Dr. ĺsmail Haliyoğlu, Vice President, Advisory Board, Kuveyt Türk Participation Bank
1.00 PM Lunch & Dhuhr Prayer

Session 4:
“The Integration And Development Of Zakah Collection And Distribution Through Islamic Banks”

Presenters:
Dr. Abdurrahman as-Saadi, Shari’ah Consultant, AAOIFI Bahrain
2.00 PM
Ust. Burhanuddin Lokman, Researcher, ISRA

Discussants:
Sheikh Abdul Sattar al-Qattan, Director General, Shura Shari’ah Consultancy
Dr. Abdul Bari Mashal, Chairman, Raqaba for Shari'ah Audit & Islamic Financial Consultations
Open Dialogue Session:

Panelists:
Datuk Dr. Mohd Daud Bakar
Prof. Dr. Mohamad Akram Laldin
Sheikh Prof Dr Ali Muhyiddin Al Qaradaghi
Sheikh Dr. Abdul Sattar Abu Ghuddah
3.00 PM Sheikh Dr. Abdul Rahman Salih al-Atram
Sheikh Dr. Nizam M.S. Yaquby
Sheikh Prof. Dr. Mohamed Ali Elgari
Sheikh Prof. Dr. Muhammad Abdul Razak Al-Tabtaba’i
Sheikh Dr. Bashir Aliyu Umar

Moderator:
Prof. Dr. Ashraf Md Hashim, CEO, ISRA Consultancy Sdn Bhd. (ICSB)
Conference Resolution
Conference Resolution and Recommendations
4.30 PM
Presenter:
Assoc. Prof. Dr. Said Bouheraoua, Director, Research Development & Innovation Department, ISRA
5.00 PM Closing Remarks

5.15 PM End Of The Programme

*All information correct at time of publication.

Islamic
Finance for
Board of Directors
Programme

An Initiative of Bank Negara Malaysia

for Directors of Islamic and
Conventional Banking institutions.

Sold Out for 2018.

Dates for 2019
NOW AVAILABLE!
To Register and for more information:

Call: +603-7651 4252 or +6012 669 8658

Email :mazrul@isra.my / shaira@isra.my
(Mr. Mazrul / Ms. Shaira)
R E G I S T R AT I O N
FORM
Please fill out the following:
Full Name Designation Email Phone Num.

1.

2.

3.

Registration Fee will be borne by (please tick one) :- Participant Organisation

Approving Officer (for invoicing purposes):

Officer Name Designation Email Phone / Fax Num.

Address

Registration Fee payment must be made before attending ISSF2018

Registration Fee
All cheques made payable to: DANA KHAS INCEIF - A/C 2 (ISRA FUND)
Bank: Maybank Acct. Num.: 564155222465 Individual: RM 999
Swift Code: MBBEMYKLXX Branch: Jalan Raja Laut
Group:
(minimum 3 persons)
RM 899
Cheque Num. / Bank : ................ / ............................ Bank-In

Cash (RM) ......................... Student: RM 499

(limited seats available)

Terms & Conditions:

• Please complete this form with payment
information.
• Registration Fee is inclusive of seminar
costs, conference materials, coffee breaks
and luncheon.
• Registration Fee does not include
transportation and accomodation costs as
they are under the liability of the
participants.
• Email verification of will be sent once
payment has been completed.
• Replacement is only allowed for
participant(s) within the same organisation
and after full payment has been made.
• The deadline for registration and is on
15 September 2018.
• Participants can download
presentation papers at
www.issf.isra.my.
• Most of the sessions will be conducted
in Arabic with simultaneous English
translation.
• The organiser reserves the right to
make changes to the venue, dates,
speakers, including but not limited to
cancellation of the event warranted by
whatsover circumstances or reasons.

About the Venue

InterContinental Hotel Kuala Lumpur
165, Jalan Ampang,
Kuala Lumpur,
50450 Kuala Lumpur,
Tel: Fax:
+60 3 2782 6000 +60 3 2161 1122
Email:
info@intercontinental-kl.com.my

www.issf.isra.my
For more information, please contact:
Mrs. Farrah Mohamed Aris (Event Manager)
Tel: +603 7651 4200 Email: issf@isra.my
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