ISLAMIC FINANCE

At the present day the combined sum of the assets of Islamic banks exceeds $200 billion. World interest in the whole Islamic financial system is growing. Considering the current serious problems with attracting promissory finance, Islamic financial institutions pose serious prospects for development. This conference is aimed at directors of Russian and international companies and financial institutions. The event is supported by The Russia Mufties Counsil and The Russian-Arabic Business Councis.

 

The conference will be held in Marriott Aurora Hotel (Petrovka, 11/20)

PROGRAM:

9:00 – 9:30  Registration. Coffee & Tea

9:30 – 11:30 Session 1. Plenary session. The state of the Russian market and an overview of the current situation 

Moderator: Abdul-Vahed Niyazov, president of Islamic Cultural Center

Welcoming words. Russia and the Islamic world. Points of cooperation, Mufti Sheikh Ravil Gainutdin, Chairman of Russia Mufties Council, Chairman of Religious Board of Muslims of European part of Russia

Forecasts for adapting Russian law and opportunities for realising methods of Islamic finance in Russia Alexander Torshin, first deputy chairman, Federation Council of the RF

New legislation initiatives, Stanislav Voskresenski, deputy minister, Ministry of Economic Development of the RF (to be confirmed)

Relations between Russia and Islamic partners, Konstantin Shuvalov, ambassador extraordinary and plenipotentiary

Opportunities for non-Islamic countries in creation of Islamic funds and investment structures, H.E. Gaston Stronck, Ambassador of the Grand Duchy of Luxembourg to the RF

Co-operation between Russia and Arabic world, Tatiana Gvilava, president of the Russian-Arabic Business Council

Prospects of using Islamic financial instruments in Russian banks, Oleg Ivanov, Vice-president, Association of regional banks of Russia  

Malaysian experience in developing Islamic financial institutions, Khairul Nizam, Trade Commissioner, Embassy of Malaysia Moscow

The experience of Britain in realising principles of Islamic banking and opportunities for applying these methods in Russia, Andrew Baird, partner, asset finance, Berwin Leighton Paisner

11:30 – 11:50           Coffee & Tea

11:50 – 14:00           Legal framework for activities of Islamic financial institutes in Russia

Moderator: Rustam Vakhitov, senior manager of international taxation group, Pepelyaev, Goltsblat and partners

Impact of external and international organization in Islamic finance development in Russia, Rushan Abbyasov, head of International Relations Department, Russia muftis Council

Problems of observing Shariat principles in financial institutes in Russia, the relevance of Islamic financial products and institutes to the population of Russia Madina Kalimullina, head of department for economic programs, Russia mufties Council

Russian normative law base and Islamic finance instruments: partnership operations using contracts between musharak and mudarab as an example Alexander Tuzenko, lawyer, Norton Rose, Yegor Batanov, senior lawyer, Pepelyaev, Goltsblat and partners

Russian normative law base and Islamic finance instruments: buying and selling operations using murabach contract as an example Yury Tuktarov, managing partner, Avakyan, Tuktarov and partners, Aleksei Kuznetsov, partner, Ernst & Young

Russian normative law base and Islamic finance instruments: Islamic sukuk obligations Alexander Kazakov, director of department for structured and syndicated crediting, Gazprombank, Rustam Vakhitov, senior manager of international taxation group, Pepelyaev, Goltsblat and partners

Russian normative law base and Islamic finance instruments: Islamic insurance takaful Renat Bekkin, L.L.M., leading expert of Mardjani Fund, Evgeny Pankratov, attorney, Pepelyaev, Goltsblat and partners

14:00 – 14:20   Coffee & Tea

14:20 – 16:00 Islamic products. Cases. Potential for applying Islamic finance methods in Russia. Problems and solutions

Moderators: Andrey Juravlev, independent expert, Alexander Kazakov, director of department for structured and syndicated crediting, Gazprombank

Islamic Finance in Russia: issues and solutions, Farmida Bi, partner, Norton Rose LLP, London

Involving traditional banks in the system of Islamic financing, Masroor Haq, head of MENA at VTB Capital

Case study: attracting investment using Islamic sukuk obligations in construction (Dubai Airport), Alexandr Barmin, partner, Denton Wilde Sapte

Using Islamic insurance products in Russia, Anzor Tabukhov, deputy director for relations with banks and financial institutions, Ergo-Life

16:00 Closing of the conference. Lunch

Payment - 15 000 rubles + VAT

Regarding conference agenda please contact Alexandra Kosheleva.
 
Regarding sponsorship opportunitites please contact Victoria Klimova  and Olga Makarova.

Regarding information support and registration please contact Elena Artemieva.

Telephone: 7 795 234 3223

Our partner for organising the stay of guests and participants of the Forum in Moscow is Nowatours (hotel bookings, transport,meeting and transferring guests, guides and interpreters, citytour, including special "Islam and world religions in Moscow" tour, etc.) Please contact:

Tel. +7-925-5065680

Tel./fax +7-495-7305940

E-mail: oxana@nowatours.ru