World Islamic Banking Conference

His Excellency Rasheed Mohammed Al Maraj

Tailya Minullina

Khalid Hamad Abdul-Rahman Hamad

Simon Martin CMG

Adnan Ahmed Yousif

Xen Baynham- Herd

Lawrence Wintermeyer

Afaq Khan

Adel Abdul Wahab Al-Majed

Abdelilah Belatik

Abdul Hakeem Alkhayyat

Hassan Amin Jarrar


IIFM Seminar on Islamic Financial Markets

  • 08:00 - 09:00 Registration and Morning Refreshments

  • 09:00 – 09:05 Recitation of The Holy Quran

  • 09:05 – 09:15 Welcome Remarks

  • 09:15 – 09:30 Opening/Keynote Address

  • 09:30 – 10:30 Session 1: Global Sukuk Market Trends and Development

  • 10:30 – 11:30 Session 2: Use of Gold as a Financial Product in Islamic Finance

  • 11:30 – 12:00 Prayer and Refreshment Break

  • 12:00 – 13:00 Session 3: Fintech and Role of Smart Contracts

  • 13:00 – 14:00 Session 4: Overview of IIFM Published Standards

  • 14:00 – 15:00 Luncheon and Close of Seminar

Conference Day 2: Tuesday 5th December, 2017

  • 08:00 - 09:00 Registration and Morning Refreshments

  • 09:00 - 09:05 Reading from the Holy Quran

  • 09:05 - 09:10 Moderator’s Opening Remarks

    Daud Vicary Abdullah, Managing Director, DVA Consulting

  • 09:10 - 09:45 Opening Ceremony and Keynote Speeches

  • a. Governors Address

    His Excellency Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain

    b. Islamic finance as a means to strengthen economic ties between CIS and OIC countries

    Taliya Minullina, Chief Executive of the Tatarstan Investment Development Agency Member of the Investment Council of the Republic of Tatarstan

    c. Guru Address: Moral & Ethical Considerations of the ‘Financialisation’ of the Global Economy

  • 09:45 - 10:30 ​Keynote Plenary: Strengthening and Developing the Islamic Economy

    Launch of the Islamic Finance Development Report
    Presenter & Discussion Leader

    Mustafa Adil, Head of Islamic Finance, Thomson Reuters


    Adel Abdul Wahab Al-Majed
    Vice-Chairman & Chief Executive Officer
    Boubyan Bank

    Abdelilah Belatik
    Secretary General, General Council for Islamic Banks and Financial Institutions (CIBAFI)

    Afaq Khan
    Chairman, Alrajhibank Malaysia Bhd.

    A Conversation with distinguished Islamic economists, Islamic finance visionaries and veterans on the future course of the Islamic economy
    Format: Panel discussion to include live polling and audience Q&A.


    Adnan Ahmed Yousif
    President & Chief Executive
    Al Baraka Banking Group

    Format: onstage interview of an Islamic finance veteran
  • 11:00 - 11:15 PRESENTATION

    Junaid Wahedna, CEO and Founder, Wahed Inc.

  • 11:15 - 11:45 The 24th Annual World Islamic Banking Exhibition: Official Opening and Networking Break


  • 11.45 to 12.20 Digital Banking- Harnessing Digital Technologies to Stay Competitive and Address Evolving Customer Preferences


    Mohammed Kateeb
    Group Chairman & CEO
    Path Solutions

    Ahmed Albalooshi
    Group CIO
    Al Baraka Banking Group

    Esam Alkheshnam
    Chief Executive Officer
    International Turnkey Systems (ITS)

    Fadi Hani
    VP MEA & Turkey

    Andrew Sims
    Chief Executive Officer
    NEC Payments

    Format: panel discussion with digital technology experts and CIOs of banks, session to include live polling and audience Q&A
  • 12.20 to 13.00 ​Session 5A: Dynamic Capital Markets- Sukuk vs Bonds

    Discussion Leader
    Marco Lichtfous
    Partner, Deloitte Tax & Consulting

    Mohamed Nazri Omar
    Managing Director/CEO, Danajamin Nasional Bhd

    Mohieddine Kronfol
    Chief Investment Officer, Global Sukuk and MENA Fixed Income
    Franklin Templeton Investments (ME) Limited

    Hussein Abdulhaq
    Head of Treasury & Financial Markets, Al Salam Bank, Bahrain

    Bashar Al Natoor
    Global Head, Islamic Finance, Fitch Ratings

    Iftikhar Ali
    Deputy Managing Director, Bank ABC Islamic

    Format: A discussion with Sukuk specialists, thought leaders and rating agencies, session to include live polling and audience Q&A
  • 13.00 - 13.40 Session 6A: Sustainable, Equitable and Inclusive Growth -Enhancing financial inclusion through Islamic Finance

    Discussion Leader:
    Dr. Mohamed Damak
    Senior Director & Global Head of Islamic Finance Financial Services Research, S&P Global Ratings
    Khalid Al Kayed
    Chief Executive Officer, Bank Nizwa

    Ayman Sejiny
    CEO, IbdarBank

    Fadi Al Faqih
    CEO, Bank of Khartoum (BOK)

    Badr El Din A. Ibrahim
    Senior Microfinance Consultant, Arab Gulf Fund for Development (AGFUND)

    A panel discussion on capitalizing on Waqf capital and Islamic microfinance to promote financial inclusion in Islamic countries


  • 11.45 to 12.20 Understanding the Potential of Disruptive Technologies

    Discussion Leader:
    Ashar Nazim
    Managing Director, Finocracy

    Abdul Haseeb Basit
    Co-Founder & Principal, Elipses

    Mohammad Shaheed Khan
    VP Shariah Compliant Banking, Gulf International Bank

    Michael Mellinghoff
    Managing Director, Techfluence
  • 12.20 to 12.50 Presentations

  • 12.50 to 13.30 Leveraging Islamic Capital Markets for Innovative Solutions:

    Ahmed Al Rayes
    CIO, IbdarBank

    Fatih Kazan
    Financial Sector Specialist, Global Islamic Finance Development Center
    World Bank

    Dr Hatim El-Tahir
    Director, Islamic Finance Group
    Leader, Deloitte ME Islamic Finance Knowledge Centre (IFKC), Deloitte & Touche – Bahrain
  • 13.30 to 14.30 Conference Luncheon hosted by the Central Bank of Bahrain

  • 14.30 to 15.00 Presentations by Infosys and Oracle

    Salam Slim
    Director – Global Solution Lead/ Islamic Banking, Oracle Financial Services

    Rajashekara V. Maiya
    Head of Product Strategy, Infosys Finacle

  • 15.00 to 15.45 Session 7: New Horizons for Islamic Finance

    Simon Martin CMG
    British Ambassador to Bahrain
    Dr. Yahia Abdul-Rahman
    Chairman and CEO, LARIBA – LARIBA Bank of Whittier

    Mohammed Ameen Hassen
    Head- Shari’ah Banking, Standard Bank Group

    Meliksah UTKU
    CEO, Al Baraka Partıcıpatıon Bank

    Peter Kruschel
    Director, Banking Supervision, Federal Financial Supervisory Authority (BaFin)

    Ahsan Ali
    Managing Director & Head of Islamic Origination, Standard Chartered Bank

    Dr Imran Lum
    Associate Director, Islamic Finance, Corporate & Institutional Banking- National Australia Bank Limited

    Format: panel discussion amongst leaders of Islamic finance institutions in new and emerging markets, session to include live polling and audience Q&A
  • 16:30 End of the conference

  • 19:30 to 21:30 WIBC Performance Awards and Gala Dinner

Conference Day 3: Wednesday 6th December 2017

  • 08:00 - 09:00 Morning Refreshments

  • 09:00 - 09:05 Moderator's Opening Remarks

    Daud Vicary Abdullah
    Managing Director, DVA Consulting
  • 09.05 to 09.30 Keynote Speech on Blockchain

    Xen Baynham- Herd
    Head Of Strategy and Lead Economist - ‎Blockchain
  • 09.30 to 10.10 ​The Regulations Power Table: Fostering Synergies Among Regulators, Standard Setters and Global Financial Regularities Authorities to further Islamic Finance

    Serdar Güner
    Director, Supervision, Dubai Financial Services Authority

    Khalid Hamad Abdul-Rahman Hamad
    Executive Director of Banking Supervision, Central Bank of Bahrain & Chairman, International Islamic Financial Market (IIFM)

    Nick Lee
    Authorisation Director-Financial Services Regulatory Authority Abu Dhabi Global Market

    Format: panel discussion amongst regulators, representatives of regional and global standard setting bodies, session to include live polling and audience Q&A
  • 10.10 to 10.50 Executive Dialogue

    A key discussion on increasing market share and geographical footprint of Islamic banks
    Discussion Leader:
    Robin Amlôt
    Chief Executive Officer, CPI Financial

    Abdul Hakeem Alkhayyat
    Managing Director & CEO, KFH Bahrain

    Hassan Amin Jarrar
    CEO, Bahrain Islamic Bank

    Ashraf Gomma Ali
    Regional Head, Sharia and Governance, CIMB Islamic Bank

    Format: panel discussion amongst leaders of banks and asset managers, session to include live polling and audience Q&A
  • 10.50 to 11.00 The Future for Islamic FinTech

    Lawrence Wintermeyer
    Co-Founder & Principal, Elipses
  • 11.00 to 11.30 Networking and Refreshment Break

  • 11.30 to 12.10 Regional Economic Outlook

    Dr. Jarmo Kotilaine
    Chief Economist, Bahrain Economic Development Board

    Raghu Mandagolathur
    Head of Research, Kuwait Financial Center (Markaz)

    Khalid Howladar
    Managing Director and Founder, Acreditus

    A panel discussion on the economic diversification of GCC, influence of energy prices and VAT and the effects of recent global economic and political developments

    Format: panel discussion including live polling and audience Q&A
  • 12.10 to 12.40 Islamic Asset management:

    a. The role of Institutional Investors in driving the Growth in the Industry
    b. Asset Allocation Outlook

    Discussion leader:
    Stuart Hutton
    Chief Investment Officer, Simply Ethical

    Monem Salam
    President, Saturna Sdn. Bhd.

    Fadi Al Qutub
    Chief Investment Officer, Al Istithmar Capital

    Fadi Al Said
    Director, Portfolio Manager/Analyst, Lazard Gulf Ltd. (Dubai)

    Kurt Lieberman
    Chief Executive Officer, Magni Global Asset Management LLC

    John A. Sandwick
    General Manager. Safa Investment Services

    Format: panel discussion with asset managers and investors, session to include live polling and audience Q&A

  • 12.40 to 13.20 Sustainable Banking and Investing- A Silver Lining for Islamic Finance

    Ali Adnan Ibrahim
    Global Head of Sustainability and Social Responsibility, Al Baraka Banking Group

    Cassim Docrat
    Director, DDCAP (DIFC) Limited

    Ahmad Hafiz Abdul Aziz
    Financial Sector Specialist, World Bank Group

    Jessica Robinson
    Founder and Managing Director - Moxie Future

    A panel discussion on how sustainability principles can benefit Islamic finance in increasing impact in its core markets and to expand into western markets
  • 13.20 to 13.35 Launch of the Islamic Commercial Law Report 2018 – Key Issues and Global Trends in Islamic Social Finance

    Redha Al Ansari, Research Team Leader – MENA , Capital Markets and Market Intelligence, Thomson Reuters

  • 13.35 to 14.00 ​One-on-one Interview: Centralized Shariah Boards, Shariah Standardization and Fostering New Generation of Sharia Experts

    Format: onstage interview of a renowned Sharia scholar
  • 13.50 to 14.30 Conference Luncheon hosted by Ithmaar Bank

  • 14.30 to 15.15 ​Leaders of Tomorrow: Fostering Entrepreneurship and Leadership Skills

    Mujtaba Khalid
    Head, Islamic Finance Centre, BIBF

    Sulaiman Al-Sultan
    Director, Corporate Support, Islamic Corporation for the Development of the Private Sector (ICD)

    Gonzalo Rodríguez
    General Coordinator, Saudi-Spanish Centre for Islamic Economics and Finance, IE Business School

    Dr Aishath Muneeza
    Associate Professor, INCEIF

  • 15.15 to 15.30 ​Creativity and Strategic Design for Islam-Inspired Brands

    Subhi Bora
    Communications Director, Zileej

  • 15.00 End of the conference

WIBC Heritage

  1. 1994

    The launch of what was to become the world’s largest and the most significant annual gathering of Islamic banking & finance industry leaders anywhere in the world. 120 pioneering delegates attend the 1st WIBC.

  2. 2000

    Fast track to 2000 and the Islamic banking and finance industry enters the new millennium growing rapidly as the 7th Annual WIBC highlights a new wave of growth in the international Islamic banking and finance industry.

  3. 2001

    The events of 9/11 cast an unwanted spotlight on the international industry, however leaders of major institutions used the WIBC platform to put the record straight and get key messages across to one of the largest ever contingents of international media at the conference.

  4. 2003

    The 10th Anniversary of WIBC was celebrated in style. The event which was officially inaugurated by Abdulla Hassan Saif, Bahrain's Minister of Finance & National Economy and moderated by Peter Hobday, saw the announcement of the launch of a new $1.5 billion International Islamic bank.

  5. 2004

    The inaugural edition of the World Islamic Banking Competitiveness Report – an industry first initiative – was launched at WIBC 2004. The WIBC Competitiveness Report over the last 9 years has evolved into an indispensable reference resource for the key decision-makers in the global Islamic banking & finance industry. The pre-conference workshops, which are now a regular feature at WIBC, was also introduced in 2004. Tim Sebastian of BBC HardTalk was the moderator for WIBC 2004.

  6. 2005

    WIBC 2005 saw the introduction of a high-powered Leaders & Winning Strategies session featuring Abdul-Aziz Al-Ghurair & Abdullah Sulaiman Al Rajhi. Prof. Robert S. Kaplan was the Keynote Speaker at WIBC 2005.

  7. 2006

    Two World Renowned Gurus: Tom Peters & Gary Hamel wowed the WIBC Audience in 2006 and the delegate numbers broke through the 1,000 mark for the first time!

  8. 2007

    WIBC 2007 saw the launch of the World Comes to WIBC Initiative and the country-focus sessions, which explored the increasing interest and opportunities for Islamic finance in new jurisdictions. For the first time, the UK Trade and Investment hosted the UK Pavilion which featured a high powered delegation of decision-makers representing major banks & institutions in the UK attending the World Islamic Banking Conference. The UK Pavilion is now a regular feature of WIBC.

  9. 2008

    WIBC celebrated its 15 years of market leadership in 2008. The World Comes to WIBC initiative further expanded to feature a high powered delegation from Singapore which was led by H.E Heng Swee Keat, Governor of the Monetary Authority of Singapore.

  10. 2009

    The Global Economic Crisis continues to cast a shadow across the conventional banking industry. The global market leaders gathered in full force at WIBC 2009 to strengthen the resilience and shape the future of the global Islamic finance industry. Prof. Nassim Nicholas Taleb, Author of the New York Times Best Seller – The Black Swan, was the keynote speaker.

  11. 2010

    WIBC 2010 featured for the first time an official representation from Luxembourg to showcase Islamic finance. Also for the ­first time, a Malaysia focus representing the county’s leading Islamic financial players. Todd Benjamin, Former Financial Editor of CNN was the moderator and Dr. Mark Mobius, Executive Chairman, Templeton Emerging Markets Group was the Guru Speaker.

  12. 2011

    For the first time ever, an official representation from France led by Invest in France Agency attended WIBC in 2011 and hosted a roundtable on the opportunities for Islamic finance in France. Also for the first time, WIBC 2011 featured Kishore Mahbubani, Dean and Professor in the Practice of Public Policy Lee Kuan Yew School of Public Policy, National University of Singapore as the Guru Speaker.

  13. 2012

    WIBC 2012 featured for the first time, a US Country Interface led by the US Chamber of Commerce. This was the first time that the US was ever showcasing their interest in Islamic finance and inviting Islamic finance institutions to the US. WIBC 2012 also featured a special keynote address by H.E. Jaloul Ayed, Former Minister of Finance, The Republic of Tunisia who discussed the Potential for Islamic Finance in Maghreb Countries in the aftermath of the Arab spring.

  14. 2013

    The 20th Anniversary Special Edition of WIBC was a true celebration as the world’s largest gathering of Islamic finance leaders took stock of the past, present and future of the industry. It was graced by the presence of Islamic finance pioneer and industry titan Sheikh Saleh Kamel, Founder and Chairman of Dallah al Baraka Group (DBG), who shared his invaluable insights into the Development of the Islamic Finance Industry: Perspectives on the Past, Present and Future. The Keynote address was by Sir Howard Davies, Former Chairman, Financial Services Authority; and Former Deputy Governor, Bank of England, who spoke on the Future of Banking Regulation & Implications for Islamic Finance Institutions.

  15. 2014

    Celebrating 21 Years of Growth, Excellence and Innovation in the Global Islamic Finance Industry, keynote speakers featured Nurlan Kussainov, Deputy Governor, National Bank of Kazakhstan; and Jaseem Ahmed, Secretary-General of the Islamic Financial Services Board (IFSB), who addressed key issues related to the strength, stability and enhancing international linkages between Islamic finance jurisdictions. Baroness Sayeeda Warsi of the House of Lords, who has been a key driving force in the progress made by the UK in Islamic finance, said in her special keynote address that London is fast emerging as a key centre of Islamic finance offering billions in earnings as well as funding for major infrastructure projects.

  16. 2015

    WIBC celebrated 40 years of the Global Islamic Finance Industry in its 22nd edition, enabling it to evolve into a globally renowned brand standing for excellence, innovation & growth. In 2015, WIBC introduced various new topics including a focus on Fintech, Digital Banking and a large interest on Ethical Banking. WIBC’s tremendous success was portrayed in its representation of over 1300 delegates from over 50 countries, with 94 partners and over 70 high profile and globally renowned speakers.

  17. 2016

    In its 23rd edition, WIBC spearheaded a series of discussions centred around the theme of “Economic Uncertainties: Vigilance & Growth” and witnessed the launch of no less than 5 intelligence reports by Thomson Reuters, EY and Simply Sharia. A dedicated fintech stream in the form of Enterprise Excellerate was launched on the sidelines of WIBC with the aim of highlighting the fintech proposition of the Middle East. WIBC 2016 registered participation from a staggering 1300 delegates, 98 partners, 135 high profile speakers from across 50 countries, further boosting the powerful WIBC brand and its legacy.

WIBC: the Middle East’s definitive thought leadership platform

For 24 years, the World Islamic Banking Conference (WIBC) has solidified its reputation as the indisputable compass for the global Islamic finance and banking industry, building a robust platform that comprises of leading bankers, institutional investors, asset managers, policy makers, academics and other stakeholders from across the globe.

This year’s conference theme “Drivers of Economic Growth & Risks: Policymakers & Regulators”, underscores the need for increased leadership by the stewards of the global financial system to help navigate the world economies through turbulent and uncertain times.

Key Features at the 24th WIBC include: Governors’ Addresses; a high profile Regulatory Debate among central bankers; CEO panel on growth and profitability; CIO-focused Panel Session; Discussions on Sukuks vs Bonds, VAT, Financial inclusion, regional economic outlook, sustainable investing & more; Exclusive WIBC Knowledge-Sharing Series focusing on topic issues like aviation financing, renewable energy financing, halal ecosystem & more; WIBC Gala Dinner & Performance Awards & Exclusive launch of Financial Intelligence Reports

Over the past 24 years, WIBC has served as the definitive platform for thought leadership, playing host to luminaries such as Sir Howard Davies, Former Chairman of the European Central Bank, Professor Robert Kaplan of Harvard Business School, Nicholas Naseem Taleb, the author of “The Black Swan,” and Dr. Mark Mobius, Emerging Markets Guru and Executive Chairman of Templeton Emerging Markets.

WIBC 2016 was centred around the theme of “Economic Uncertainties: Vigilance & Growth” and witnessed the launch of no less than 5 intelligence reports by Thomson Reuters, EY and Simply Sharia. Over the years, WIBC has partnered with Strategy Associates such as EY, Thomson Reuters, Harvard University and McKinsey & Company to produce cutting-edge pragmatic insights to serve the Islamic finance, banking and insurance industries.

WIBC is a platform for C-level executives to discuss strategies to navigate the myriad complexities and subtle nuances of the global economy – and with the uncertain economic environment that we find ourselves in, these discussions will prove even more critical to better understand the shifting economic, demographical, technological and regulatory landscape.

A key feature of WIBC is the CEO Power debate involving powerhouses from the top Islamic financial institutions engaged in key strategic issues facing the industry.

The team behind WIBC, Middle East Global Advisors, are the conveners of the ground-breaking Global Ethical Finance Forum, in strategic partnership with the Scottish Government, and the co-organisers of the Responsible Finance Summit, in strategic partnership with Bank Negara Malaysia.

A key focus at WIBC 2017 is identifying ways in which Islamic finance can connect with the broader ethical finance industry and benefit from collaboration with other ethical finance sectors to support their common growth prospects – SRI, ESG and faith-based investing – as well as looking at the model of community banking and microfinance to promote financial inclusion.

Over 24 years, WIBC has helped forge a robust ecosystem to widen the scope of Islamic finance to meet new realities, whilst staying true to its ideals.

WIBC is an open forum connecting all stakeholders across the entire ecosystem – regulators, policy makers, banks, asset managers, investors, thought leaders, academic, international media – to converge and drive critical discussions and strategic execution across a plethora of areas: fintech, women, emerging markets, asset allocation, etc. Ultimately, WIBC cultivates this ecosystem to help power the agenda for the C-level executive for the coming year.

Our innovative WIBC Leaderboard, a peer-to-peer assessment benchmark based on robust quantitiaive metrics, was aimed to promoted greater transparency within the Islamic banking industry and fed into the much-coveted WIBC Awards celebrating excellence in the industry.

The WIBC App proved an indispensable enabler to forge the WIBC global community – from Silicon Valley to London, from Nigeria to Australia. The series will leverage the app’s interactive tools to spur critical dialogue.

Largest and most prestigious gathering of Islamic banking and finance leaders in the world

Connect one-to-one with senior industry leaders, partners and institutional investors

Stay abreast of the most pressing issues in the Islamic banking and finance industry

Build relationships with counter parties from all over the world

International business leaders offering Islamic financial products

Ministers, policymakers, political leaders, senior government officials from countries with Islamic financial institutions or links to the Organisation of Islamic Cooperation (OIC) countries

Technology company C-level executives, business development managers

Innovators in the financial technology sector

Ethical finance leaders with current or potential operations in OIC countries

Business specialists and professionals, mid-level management, business development managers, analysts, risk professionals in the Islamic finance sector

Senior representatives of multilateral bodies, policy making, stakeholder, infrastructure and export finance/export promotion institutions

Shariah scholars, advisors, lawyers and legal experts

Showcase your institution’s capabilities to decision makers across the global Islamic banking and finance industry

Enhance visibility of your brand in front of global leaders in Islamic banking and finance

Engage in high value partnerships with global financial institutions looking to enter emerging markets

Acquire lucrative deals and investment mandates from Islamic financial institutions

Partners at the World Islamic Banking Conference

Strategic Partner

Platinum Partner

Gold Partners

Silver Partners

Regional Banking Partner

Conference Luncheon Host Day 2

Knowledge Partner

Islamic Banking Technology Partner

Islamic Jurisdiction Partner

Lanyard Partner

Associate Partners

CBX: Commodity Base eXchange Unit

Badge Partner

VIP Networking Host

Multilateral Partner

Training & Development Partner

Workshop Hosted By

International Islamic Financial Market

Official Beverage Partner

Coca Cola

Supporting Partners

Official PR Partner

Official Business Magazine Partner

Ecosystem Partner

Middle East Media Partner

Research Media Partner

Official Online Media Partner

Official Weekly Newspaper

Local English Newspaper

Local Online Media

24x7 news

Media Partners

Peer 2 Peer Finance News
Hedge Fund Performance
Cash & Trade Magazine

Family Office

Contact Us


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