5th Annual

25 & 26 May 2009, Gulf Hotel, Kingdom of Bahrain

MEGA Brands. MEGA Clients. Market Leaders. | Shaping the Future of the Islamic Finance Industry Since 1993

Strategic Partner

Strategic Exchange Partner

Platinum Strategic Partners

Investment ManagementPartner

Islamic Fund Partner Islamic Finance Administration Partner

Technology Partner and Conference Luncheon host

Islamic Financial Services Associate

Lanyard Sponsor

Capital Markets Partner

Ratings Partner

Supported by

Consulting Partner

HR Consulting Partner

Gala Dinner & Award Ceremony Host

Shari’ah AdvisoryPartner

Silver Strategic Partners

WIFCMC is a MEGA Brand

In Collaboration with

GAUGING THE INDUSTRY PULSE

Gold Strategic Partners

Australia’s Specialist Income Funds Manager

DDCAP LimitedDDCAP Limited

The World’s Largest Gathering of Islamic Investment Leaders

The World Islamic Funds & Capital Markets Conference is known to be one of the world’s largest events on Islamic investments, gathering high-level bankers and practitioners in the Islamic finance industry in Bahrain. For Path Solutions, it gives us the opportunity to meet and network with top experts in the industry. We are keen to support MEGA brands and most especially the WIFCMC and the World Islamic Banking Conference. We look forward to many more years of success in our partnership.”

Nazzem Yaghmour, Executive Vice President Business Development, Path Solutions

“As a leader and a pioneer in Islamic banking, it is our duty and privilege to support such a highly important event that will contribute to the advancement of Islamic finance at a time when Islamic finance has proved its significance & resilience as the turmoil continues to beset the conventional financial markets.”

Mohammed Ebrahim Mohammed, Chief Executive, Bahrain Islamic Bank

“BMB Islamic is pleased to be associated with the 5th Annual World Islamic Funds & Capital Markets Conference, which is being held at a time when Islamic funds industry is witnessing huge interest from conventional financial institutions. This is remarkable, given the crisis-hit conventional funds industry.”

Dr Humayon Dar, Chief Executive Office, BMB Islamic

“Recovering from the current financial crisis will require thought leadership and innovation by Islamic investors and fund managers. The World Islamic Funds & Capital Markets Conference in 2009 will be a good place to discuss which changes will really work.”

Charles Peal, Chairman of the BLME Umbrella Fund, Bank of London and The Middle East

As the most recent innovative Islamic investment institution in the Kingdom of Bahrain, Tharawat is proud to be the Investment Management partner at the 5th Annual World Islamic Funds & Capital Markets Conference 2009. This prestigious international conference has established itself as the largest gathering of leading Islamic investment institutions across the world. We consider this sponsorship to be a valuable opportunity to obtain and provide new insights within the international banking and investment markets.”

Arif Al Alawi, Chief Executive Officer, Tharawat Investment House

“We are proud to be associated with MEGA and to be the platinum sponsor of The 5th Annual World Islamic Funds & Capital Markets Conference 2009, and are always keen to support such activities, as these are important to our business. We are confident that such an event will give us networking opportunities, bring us up to date with the industry and enlighten us about the global economic crisis.”

Mahmood Al Koofi, Chief Executive Officer, Reef Real Estate Finance

“The Bahrain Financial Exchange (BFX) is delighted to be taking part in the 5th Annual World Islamic Funds & Capital Markets Conference. We are looking forward to introducing the BFX and its financial products to this important market and to discuss the benefits of a well regulated, transparent and fully cleared exchange venue.”

Craig Hewett, Chief Business Officer, Bahrain Financial Exchange (BFX)

“As a leader and award winner in the Islamic Banking field, BNP Paribas is pleased to partner with MEGA for The 5th Annual World Islamic Funds & Capital Markets Conference.”

Jacques Tripon, Global Head, BNP Paribas Islamic Banking- Najmah

“We are proud to be associated with the 5th Annual World Islamic Funds & Capital Markets Conference in Bahrain. We are confident about the Islamic finance industry’s future and we are one of the prime examples to support that confidence as our bank was launched in January 2009. Capinnova’s vision is to be a world class Islamic investment bank offering a range of high quality products and services to a diverse clientele. Our mission is to become the Islamic investment bank of choice and a niche player, providing clients in the GCC and MENA region with superior investment products aimed at building and sustaining shareholder value, whilst maintaining an optimal balance between risks and returns. The key fact that the Islamic finance industry is asset based and not debt financed, has protected and prevented this sector from the crises that has brought the downfall of conventional financial giants worldwide.”

Jamal Hijres, Chief Executive Officer, Capinnova Investment Bank

What the Industry Leaders are saying about WIFCMC 2009

The World’s Largest Gathering of Islamic Investment Leaders

5th Annual

Conference Day 1, 25th May 2009

In Collaboration with

08:00 to 09:00 Registration and Morning Refreshments

09.00 to 09.05 Reading from the Holy Quran

09:05 to 09:10 Moderator’s Opening Remarks

09:10 to 09:30 Session 1: Opening Keynote Address: Promoting Stability and Strengthening the Islamic Investments Industry

Abdul Rahman Mohammed Al-Baker Executive Director of Financial Institutions Supervision Central Bank of Bahrain

Key Discussion Points • EnhancingthestabilityoftheShari’ah-compliantinvestmentsindustry•Keyregulatoryimperatives•Rebuildingconfidenceinthemarkets

09:30 to 10:30 Session 2: New Strategies for New Economic Realities: Re-shaping the Post-Crisis Market for Islamic Investments

Session Chair: Mayank Malik Chairman Bahrain Association of Banks (BAB)

Speakers: Jacques Tripon Global Head BNP Paribas, Islamic Banking - Najmah

Shahzad Waraich Vice President, Amanah Finance Wealth Management HSBC Amanah

Craig Hewett Chief Business Officer Bahrain Financial Exchange (BFX)

Mahmood Al Koofi Chief Executive Officer Reef Real Estate

Dhafer Al Qahtani Managing Director & Co-founder Darahim Capital

Key Discussion Points •Assessing the impact of macro-economic developments on the

appetite for Shari’ah-compliant investments• EnsuringtheresilienceoftheIslamicinvestmentsmarket•Re-modelling the future: Rethinking strategies in light of the global

economic crisis•Revivinggrowth:Identifyingpost-crisisopportunities

10:30 to 11:00 Networking Break and Opening of The World Islamic Funds and Capital Markets Exhibition

11:00 to 11:40 Session 3: Launch of the Findings of the 2009 Ernst & Young Islamic Funds & Investments Report

Now in its third year, and exclusively launched at the 5th Annual World Islamic Funds & Capital Markets Conference, the EY Islamic Funds & Investments Report has rapidly established itself as a valuable reference resource for leading players in the Islamic funds and capital markets. Previous Reports have analysed the impact of macro-economic developments on investors’ wealth and considered demand segments’ investment allocations trends. A central theme that emanated from last year’s Report is the need for deeper and more sophisticated product development across asset classes to support the demand for Shari’ah-compliant investments. This year’s Report will provide the impetus for a thorough review of the market, the players, and the challenges - and will offer fresh perspectives on new strategies for new economic realities.

This session, led by Ernst & Young’s highly respected Islamic Financial Services Group, will provide an interactive platform to engage the key issues that will positively re-shape the Islamic investments industry.

Presenter: Sameer Abdi Partner-Head of Islamic Financial Services Ernst & Young Bahrain

11:40 to 12:20 Session 4: New Product Innovation for a New Economic Reality

Speakers: Arif Mohammed Al Alawi Founder, Board Member & CEO Tharawat Investment House

Dr. Jamil A.K. El Jaroudi, Chief Executive Officer Elaf Bank

Mike Hughes Managing Director & Head of Global Transaction Banking, MENA Deutsche Bank

Key Discussion Points •DevelopingnewIslamicinvestmentproductsintheaftermathofthe

global economic crisis•HowcanproductinnovationignitegrowthintheIslamicinvestments

market?• Towardsdeeperandmoresophisticatedproducts

12:20 to 13:00 Session 5: Is the Boom Time for Islamic Funds Over? Revitalizing Growth Prospects

Panel Discussion

Session Chair: Charles Peal Chairman of the BLME Umbrella Fund Bank of London and The Middle East

Panelist: Dhafer Al Qahtani Managing Director & Co-founder Darahim Capital

Key Discussion Points •AssessingtheappetiteforShari’ah-compliantfundsinthecontextof

the global economic crisis •HowtoachievesustainablegrowthforIslamicfundsduringtheturmoil

in the international financial markets•Managingthefall-outfromtherealestatesector

13:00 to 13:30 Session 6: The Shari’ah & Business Open Forum – How Can the Shari’ah Board Further Enhance Stability in the Context of the Global Economic Crisis?

Panel Discussion

Session Chair: Dr. Humayon Dar Chief Executive Office BMB Islamic UK Limited

Panelists: Dr. Hussain Hamid Hassan Chairman, Fatwa and Shari’ah Supervisory Board Dubai Islamic Bank

Dr. Mohamed Elgari Shari’ah Advisor & Professor of Islamic Economics King Abdulaziz University

Dr. Mohammed Arbouna Shari’ah Scholar

Key Discussion Points •How can a strong Shari’ah foundation to key investment products

enable greater resilience in the wake of the turmoil besetting conventional institutions?

• Effectively managing Shari’ah-compliance and the complexities ofnew Islamic investment products

13:30 to 15:00 Conference Luncheon hosted by Central Bank of Bahrain

19:00 to 21:00 Gala Dinner & Awards Ceremony hosted by Khandwala Securities Limited

21:00 Close of Conference Day 1

More than 400 industry leaders will gather at WIFCMC 2009. Take advantage of the special Group Delegate packages to send your executive team to participate in the 5th Annual World Islamic Funds & Capital Markets Conference.

Secure your place today. To receive further details on attending the 5th Annual World Islamic Funds & Capital Markets Conference please email Andrew Chopra at andrew@megaevents.net

NEW INSIGHTS TO SHAPE THE FUTURE: SPECIAL GROUP DELEGATE PACKAGES

Becoming a partner of the 5th Annual World Islamic Funds & Capital Markets Conference will provide high-impact brand visibility and ensure that you are at the forefront of re-shaping the Islamic investments market. WIFCMC 2009 also presents a unique opportunity to nurture key client relationships in a substantive and issues-driven programme.

To discuss your specific business needs please contact Sophie Shah at sophie@megaevents.net

JOIN THE INDUSTRY LEADERS: SPONSORSHIP & EXHIBITION OPPORTUNITIES AT WIFCMC 2009

Conference Day 2, 26th May 2009

The World’s Largest Gathering of Islamic Finance Leaders

Find out more about MEGA Brands and our 16 years of working with the Market Leaders in Islamic Finance

www.megaevents.net

The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets.

16th Annual

6-8December2009,GulfHotel,KingdomofBahrain

08:00 to 09:00 Registration and Morning Refreshments

09:00 to 09:05 Moderator’s Opening Remarks

09:05 to 09:25 Session 7: Keynote Address: Re-Building a New Financial Architecture

Speaker: Toby Birch Author The Final Crash

09:25 to 10:05 Session 8: The Sukuk Roundtable: Kick-starting the Sukuk Market and Reviving Growth

Panelists: Dr. Jarmo Kotilaine Chief Economist NCB Capital

Ahmed Abbas Chief Executive Officer LMC, Bahrain

Key Discussion Points •Kick-startingSukuk:Wherewillthenextwaveofdealscomefrom?•Assessing thesovereignandcorporateSukukmarkets in thecurrent

climate

10:05 to 10:45 Session 9 : The Role of Ratings in Islamic Financial Markets: Risk Management Imperatives

Speakers: Shehab Marzba Product Development Director IdealRatings

Jan Plantagie Managing Director & Head of the Middle East Region Standard & Poor’s

Key Discussion Points:•DistinguishingbetweenIslamicandconventionalfinancialmarkets•ApplyingRatingconceptsintheIslamicinvestmentsmarket•TheincreasingImportanceofRiskManagementinIslamicinvestment

markets

10:45 to 11:15 Refreshments and Networking Break

11:15 to 12:00 Session 10: Which Asset Classes Offer Most Resilience in the Current Economic Climate?

Panel Discussion

Panelists: Charles Peal Chairman of the BLME Umbrella Fund Bank of London and The Middle East

Ramzi Abukhadra Managing Director JP Morgan Chase, Bahrain

Trevor Regan Managing Director Manageable Economics

Ian Morley Senior Consultant DDCap Limited

Key Discussion Points • Identifyingtrendsinkeyassetclasses–Lookingbeyondthecrisis•Shari’ah-compliantPrivateEquity:Istherestillanopportunity?•The market for Islamic Alternative Investments: Where is the real

potential for growth?

12:00 to 12:50 Session 11: Mapping the Future of Islamic Wealth Management

Speaker:

Sohail Jaffer Partner- International Business Development FWU International

Key Discussion Points • TacklingchallengesandopportunitiesinWealthManagement•WhatdoesthefutureholdforIslamicprivatebanking?

12:50 to 14:30 Conference Luncheon hosted by International Turnkey Systems (ITS)

14:30 Close of WIFCMC 2009

The World’s Largest Gathering of Islamic Investment Leaders

5th Annual

MEGA BRANDS. MEGA CLIENTS. MARKET LEADERS.MEGA is the market leading business information firm focused on achieving business results for the global Islamic banking & finance industry since 1993. The portfolio of MEGA brands represents the landmark industry conferences and our clients are the leading players in the international financial markets.

Toby BirchAuthor

The Final Crash

Abdul Rahman Mohammed Al-Baker

Executive Director of Financial Institutions Supervision

Central Bank of Bahrain

Mahmood Al Koofi Chief Executive Officer

Reef Real Estate

Dr. Hussain Hamid Hassan

Chairman, Fatwa and Shari’ah Supervisory Board

Dubai Islamic Bank , UAE

Dr. Jarmo KotilaineChief Economist

NCB Capital

Dhafer Al QahtaniManaging Director &

Co-founderDarahim Capital

Sohail JafferPartner- International Business DevelopmentFWU International

Ramzi AbukhadraManaging Director

JP Morgan Chase, Bahrain

Jan Plantagie Managing Director & Head of

the Middle East Region Standard & Poor’s

Jacques TriponGlobal Head of Islamic Banking

BNP Paribas, Islamic Banking - Najmah

Trevor Regan Managing Director

Manageable Economics

Shahzad WaraichVice President, Amanah Finance

Wealth ManagementHSBC Amanah

Ahmed Abbas Chief Executive Officer

LMC, Bahrain

Dr. Mohammed ArbounaShari’ah Scholar

Craig HewettChief Business OfficerBahrain Financial

Exchange (BFX)

Mayank MalikChairman

Bahrain Association of Banks (BAB)

Sameer AbdiPartner-Head of Islamic

Financial ServicesErnst & Young Bahrain

Dr. Mohamed ElgariShari’ah Advisor & Professor of

Islamic Economics King Abdulaziz University

Mike Hughes Managing Director, Head of Global Transaction Banking,

MENADeutsche Bank

Shehab MarzbanProduct Development Director

IdealRatings

Arif Mohammed Al Alawi Chief Executive Officer

Tharawat

Dr. Humayon DarChief Executive Officer

BMB Group

Dr. Jamil A.K. El JaroudiChief Executive Officer

Elaf Bank

Charles PealChairman of the BLME

Umbrella Fund Bank of London and The

Middle East

Ian MorleySenior ConsultantDDCap Limited

WIFCMC 2009 Speakers: Shaping the debate

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In the event of cancellation: Registrants who are unable to attend may send a substitute delegate at any time. No refunds can be made, although a replacement delegate is always welcome at no extra cost. Simply notify our office of the change. MEGA reserves the right to alter the programme or change the speakers in the event of unforseen circumtances.

Please complete and return to:

The World Islamic Funds & Capital Markets Conference

PO Box 72045, Dubai, UAETel: +971 4 3431200, Fax: +971 4 3436003

Email: wifcmc@megaevents.netor Register Online at

www.megaevents.net/wifcmc

Venue: Gulf Hotel

Kingdom of Bahrain

Accommodation: Gulf Hotel

Tel: +973 17746342 / 17746343

Fax: +973 17712088

Email: ghres@batelco.com.bh

Please quote reference ‘WIFCMC’ to access the corporate rate. Please ensure early hotel booking as large international and regional delegations will be attending the conference. Book before 21st April 2009 to take advantage of the corporate rate, after which the rooms will be subject to availability.

Visas: The Hotel will assist in obtaining visas; this may take several weeks. Participants are required to make their own Hotel room booking and visa arrangements by directly contacting Gulf Hotel, Bahrain

Registration fees:Delegate Rate: USD 2795

Discounts for above Five or more delegates from the same organisation

- 20% discount

Government delegates - 20% discount

Media Media - Free upon accreditation

REGISTRATION FORM

INDIVIDUAL BOOKING

THREE EASY PAYMENT METHODS

VENUE, ACCOMMODATION & VISA

Please complete and fax back to +971 4 3436003

5th Annual

25 & 26 May 2009, Gulf Hotel, Kingdom of Bahrain

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