Day 1, 5 October 2022

08:00am - 09:00am
Registration and Networking
09:00am - 09:05am
Opening by Emcee of the Day/Negaraku
09:05am - 09:10am
Welcome Address

Mohd Muazzam Mohamed, President, Association of Islamic Banking and Financial Institutions Malaysia (AIBIM)

09:10am - 09:20am
Keynote Address

Tan Sri Nor Shamsiah binti Mohd Yunus, Governor, Bank Negara Malaysia

09:20am - 09:25am
Launch of VBI Full Report 2021

by Governor, Bank Negara Malaysia

09:25am - 09:30am
RAIF Award Presentation by BNM Governor and SC Chairman
  • Emerging Leader Prize 2022 winner
  • Impact Challenge Prize 2022 winner(s)
09:30am - 10:00am
2022 Royal Award for Islamic Finance (RAIF) Recipient Public Lecture
10:00am - 10:20am
Coffee Break and booth rounds by VVIPs
10:20am - 11:20am

Overview

  • The necessity of Open Banking in the 21st century.
  • How do you see the potential and impact of Embedded Finance, Open Finance and Open Banking in the global and domestic contexts, in the years to come?
  • The role of Islamic finance in leading the “Open” movement and where is Islamic finance globally on the “Open” movement?
  • How to deliver FinTech solutions in a responsible and inclusive manner to ensure the excluded and underserved populations can benefit from digital offerings, and what roles do Open Banking and Open Finance play?
  • Economic justice and a more transparent finance industry through Open Banking and Open Finance.
  • Sharing on jurisdiction experience for Open Banking, Open Finance and Embedded Finance (covering the global landscape and market leaders), and the roles undertaken by regulators in advocating market dynamism in the respective jurisdictions.

Moderator:
Suhaimi Ali, Assistant Governor, Bank Negara Malaysia

Panellists:
  1. Irfan Khan, Chief Executive Officer, mmob
  2. Junior Cho, Country Head, Zurich Insurance
  3. Fredes Montes, Senior Financial Specialist, World Bank
  4. Ajith Jayaram, Chief Transformation Officer, ÆON Credit Service (M) Berhad
11:20am - 11:30am
MTA VBIT Roadmap Launch
11:30am - 12:00pm
Transformation at Bank Islam: Bridging Aspiration to Delivery

by Noor Farilla Abdullah, Group Chief Strategy Officer, Bank Islam Malaysia Berhad

Understand how Bank Islam drove its holistic transformation program. A key component of driving the execution of the strategic plans was the set up of a carved out division, Centre of Digital Experience (CDX) that has championed and spearheaded the development of a digital bank built on agile practices, new business models and advanced tech stacks.

12:00pm - 01:00pm

Overview

Over the last 5 years digitalisation has moved from an aspiration to an imperative for organisations in the banking and financial services sector, more so now with the Covid pandemic and the changing habits of customers. As customers diversify their shopping and spending habits, this also applies to the way they expect to interact with their banking and payment services, and this requires organisations to now innovate strategically and technologically to meet these changes.

Where fintech was once an area competing with banking and financial institutions, those same institutions must now embrace the same fintech approach to digitalisation to remain relevant, or face the risk of being left behind. The early innovators will quickly lead in this space, but will also need to deliver continuous improvements and offer new products/ services to stay ahead.

Discussion Points

  1. There are multiple approaches that organisations have taken to build digital financial services, what are some of the steps that are a must, and also what might be some of the potential technical, regulatory and operational challenges?
  2. The right technology platform and partner is key to future-proofing any transformation. Organizations often struggle with legacy systems, with monolithic designs and sometimes written in dated programming languages. These systems are inflexible, unable to support innovation, and can introduce security concerns. What are some of the core foundations for digitalisation to be a success?
  3. Microservices and Application Programming Interface (API) based architecture is now becoming key for a future-proof and resilient platform. How can organisations balance their long-term vision and short-term agility, whilst ensuring robust cybersecurity to prevent attacks on their digital channels and systems?

Moderator:
Ikram Khaliq, Head of Digital Bank, Al Rajhi Bank Malaysia

Panellists:
  1. Dan Jones, Partner, Oliver Wyman
  2. Farhan Ahmad, Chief Executive Officer, Payment Network Malaysia
  3. Bertuğ Öngiden, Global Strategy & Ops Lead, Revolut
01:00pm - 02:10pm
Lunch Break
02:10pm - 02:30pm
Reimagining Islamic Finance: Where Innovation Thrives and Potential Unfolds

Special Address by Dato' Paduka Iqbal Khan, Chief Executive Officer, Fajr Capital & 2012 RAIF Award Winner

02:30pm - 02:35pm
GIFF2022 Hackathon Award Presentation
02:35pm - 02:50pm
Teach-in session on Cloud within Financial Services

by Lavania Vijyakumar, Sales Director, Malaysia, Thought Machine

02:50pm - 03:50pm

Overview

  • What does a Greener World mean to emerging markets vs developed markets?
  • What is the role of Net Zero?
  • What are the Private sector and Public sector obligations for a greener world? How can they work better together?
  • How has Islamic finance helped in advancing the green agenda?
  • What role can technology play to accelerate a greener world?
  • What are the best examples of technology advancing the green agenda?

Moderator:
Datin Seri Sunita Rajakumar, Chairman, Climate Governance Malaysia

Panellists:
  1. Leong See Meng, Senior Vice President, Strategy and Business, Cagamas Berhad
  2. Dr. Aamir A. Rehman, Chair, Innate Capital Partners
  3. Elmie Aman Najas, Chairman, Malaysian Takaful Association & Chief Executive, AIA Public Takaful Berhad
  4. Mohd Ekmal Bin Mohd Zazi, Regional Director, Wholesale Banking, CIMB Islamic Bank
03:50pm - 04:00pm
Coffee Break
04:00pm - 04:10pm
Presentation by RAIF Impact Challenge 2022 Prize Winner(s)
04:10pm - 04:25pm
The ‘3Es’ for a successful Core Banking Transformation

Ts. Othman Abdullah, Chief Executive Officer, Islamic Banking, Silverlake Group

04:25pm - 05:25pm

Overview

The Islamic Development Bank estimates the potential of Zakat alone to be as much as US$1 trillion per year. Such obligatory giving such as Zakat and voluntary giving such as Sadaqah donations and Waqf endowments, can contribute to infrastructure development programmes, social welfare requirements and community empowerment. While these are the commonly recognised social capital from the lens of Islamic finance, social finance transcends beyond faith and localities to include mobilisation of any forms of capital for the purpose of meeting social and economic developmental needs of the society.

  • What are the business case and market gaps that can be addressed through social finance, especially in the context of post-pandemic era?
  • What can we learn from the existing practices in this space and what role can financial institutions play?
  • How can we maximise the impact of social finance and what are the key success factors or enabling ecosystem required?

Moderator:
Daud Vicary, Managing Director, DVA Consulting Sdn Bhd

Panellists:
  1. Dato’ Mohd Redza Shah, Chairman, Association of Seniors in Islamic Finance
  2. Prof. Datin Dr. Rusni Hassan, Dean, IIUM Institute of Islamic Banking and Finance & AIBIM, Shariah Advisory Committee
  3. Sharifatul Hanizah, Executive Director of Islamic Capital Market Development, Securities Commissions
  4. Dr. Muhd Ramadhan Fitri Ellias, Head of Strategy, Maybank Islamic

Day 2, 6 October 2022

08:00am - 08:30am
Networking
08:55am - 09:00am
Welcome and Day 1 Roundup by Emcee
09:00am - 09:45am

Overview

The journey the leaders have gone through to thrive in the Islamic Finance scene.

Moderator:
Anne Abraham, Chair, LeadWomen and 30% Club Advisory Council

Panellists:
  1. Dr. Engku Rabiah Adawiah Engku Ali, Member of Shariah Advisory Council BNM & Securities Commission
  2. Samina Akram, Managing Partner, Samak Ethical Finance Ltd
  3. Nadia Ismadi, Co-founder and Chief Executive Officer, Pod
09:45am - 09:55am
Coffee Break
09:55am - 10:40am
In Conversation with Tan Sri Azman Mokhtar – The future of Islamic finance

Moderator: Ibrahim Sani, Astro Awani

10:40am - 11:40am

Overview

A new wave of Islamic finance innovations emerging globally thanks to regulations and technology. The session is to highlight the current leading innovations in this space globally and for the emerging institutions to share their journeys and insights on where they see the industry going.

Moderator:
Vincent Fong, Chief Editor & Country Manager, Fintech News

Panellists:
  1. Shahid Amin, Chief Executive Officer, Rizq
  2. Daeng Saifullah Termizi, Co-founder & Chief Operation Officer, Kestrl
  3. Nadir Ali, Chief Strategy Officer, neoleap
  4. Umar Abdullah Mahmud Munshi, Co-founder and Group Managing Director, Ethis Global Group
11:40am - 12:40pm

Overview

With a large population spanning multiple emerging jurisdictions, the halal economy provides tremendous opportunities for all types of investors. In terms of emerging Halal Tech and established Halal investments, what areas are of interest to investors from venture capitalists to institutional investors?

Moderator:
YM Raja Amir Shah Raja Azwa, Chief Executive Officer, HSBC Amanah Malaysia Berhad

Panellists:
  1. Thomas Tsao, Co-Founder, Gobi Partners
  2. Dato’ Syed Haizam Jamalullail, Managing Partner, Tuas Capital Partners/The Hive Southeast Asia
  3. Amin Shafie, Director, Serunai Commerce Sdn Bhd
12:40pm - 02:00pm
Lunch Break
02:00pm - 03:30pm

Overview

The House proposes the motion that Islamic Finance needs a radical change to live up to its expectations.

Moderator:
Dr. Imran Lum, Director, Islamic Finance, National Australia Bank

Panellists:
  1. Rafe Haneef, Chief Executive Officer, Group Transaction Banking and CIMB Foundation
  2. Mukhtar Hussain, ASB Board of Governors
  3. Dr. Mohamed Ashraf Iqbal, CPIF, Chairman, Waafi Bank
  4. Alaa Alaabed, Chartered Member of the Chartered Institute of Islamic Finance Professionals (CIIF)
03:30pm - 03:40pm
Coffee Break
03:40pm - 04:55pm

Overview

  • Modern views on modern assets and currencies from a Shariah perspective
  • The basis for these assets and currencies to be Shariah compliant
  • Are some Shariah compliant today?
  • What would need to be amended to make certain new asset classes Shariah compliment (such as gold backed cryptocurrency etc)?
  • To cover assets such as Cryptocurrency, Metaverse Real Estate and NFTs

Moderator:
Abdul Haseeb Basit, Co-Founder and Principal at Elipses, CFO at GBBC Digital Finance

Panellists:
  1. Dr. Ziyaad Mahomed, Assistant Professor and Lead Researcher (Shari’ah) at the Centre of Excellence in Social Finance at INCEIF University and FINTECH Shariah Advisor
  2. Sheikh Esam Mohamed Ishaq, High Islamic Council of Bahrain, a member of the High Sharia Authority of the Central Bank of the UAE
04:55pm - 05:40pm

Moderator:
Azaria Tagaya, News Anchor, TV3, Host for Money Matters

Panellists:
  1. Adnan Zaylani Mohamad Zahid, Assistant Governor, Bank Negara Malaysia
  2. Mohd Muazzam Mohamed, AIBIM & Group Chief Executive Officer, Bank Islam Malaysia Berhad
  3. Dato’ Mohamed Rafique Merican Mohd Wahiduddin Merican, Group Chief Executive Officer, Islamic Banking, Maybank & Chief Executive Officer, Maybank Islamic
  4. Arsalaan (Oz) Ahmed, Chairman GIFF2022 Organising Committee & Chief Executive Officer, Al Rajhi Bank Malaysia
FAQ