Organized by

Conference Program

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•ToforeseefinancialandeconomiccrisesandtheirimpactonIslamicfinance.

•To present the Islamic finance and modernapproachestodifferentsectorsofandsportsasanexample.

•TopresenttheexperiencesofIslamictradingplatformsandtheirimpactonglobaleconomy.

•To showcase the importance of innovationand artificial intelligence in Islamic financeand investment opportunities in the light ofmaximsandstandardsofShari’ah.

Conference Objectives

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InthenameofAllah,themostbeneficent,themostmercifulAllpraisesareduetoAllahalone,blessingsandgreetingsbeuponourmasterMuhammad,allhisfamilyandhiscompanions.HEtheministersHonorablescholarsandexpertsRespectedattendeesAssalamualaykumwarahmathullahiwabarakatuhu!ToProceed;Wearedelightedtowelcomeyoualltoday,inyourconference“TheSixthDohaIslamicFinanceConference”whichisbeingheldbearingthetitle“IslamicFinanceinaTransformingWorld”withtheparticipationofanelitegroupofscholars,expertsandrepresentativesofgovernmentbodies,internationalorganizations,financialinstitutionsandwell-establishedacademicentitiespertainingtothefieldsofIslamiceconomicsandfinance.RespecteddignitariesAfterhaving5conferencesdiscussedtheadvancementsandchallengesofIslamicfinance,nowweareinthesixtheditionofthisconferenceundertheimpactofglobalinstancewhichisgoingthroughthegeopoliticaltransformationsandeconomicalmodificationsaroundtheworldtoindicateasituationofunrestandvarianceofbalance ineconomicalpowersandsystems.The foregoingshiftsdemandus toexplore thestanceofIslamic finance under the huesof transformingworld through the outstandingdiscourses and extendeddiscussionsoncarefullyselectedtopicsforaddressingourpresentinstanceandforeseeingourfuture.Indeed,webelievethattheIslamicprudencethroughitswiselegislationsassurestoremedytheeconomicproblemsofthenationandIslamiclawcomprisesofajusteconomicalsystemforthemankind.Nevertheless,it requiresscientificand intellectual renaissanceforextractingthosetheoriestotheworld,aswellasthedevelopmentandpreparationofIslamicfinancialinstitutionsforexemplifyingandreflectingthosetheoriesinadditiontoimitatingtheobjectivesofShari’ah.RespectedaudienceUnderthegenerouspatronageofHEAl-SheikhKhalidbinKhalifabinAbdulAzizAl-Thani,primeministerandministerofinterior,6thDohaIslamicFinanceConferenceistakingplaceinDoha,theknowledgehubintheStateofQatar.Weareprivilegedatthisstagetoextendtheexcessivegratitudeandacknowledgmentstotheleaderofourrenaissanceandvoyage,mymasterHisHighnessAl-SheikhTamimbinHamadAl-Thani,Emirofthecherishedstate,MayAllahpreservehimandprotecthim.A tokenofgratitude isalsoextended toHEMr.AlibinAhmedAl-Kuwari, theministerofcommerceandindustryintheStateofQatar,andwealsoindebtacknowledgmentofHEAl-SheikhMohammedbinHamadbin Jassem Al-Thani, Chairman of Barwa bank group, the strategic partner for their sponsorship andcontinuoussupporttoDohaIslamicFinanceConferencesinceitslaunchoffirstedition.WearegratefultoMr.YousufAl-Jaida,CEOofQatarFinancialCentreforthediamondsponsorship,alsotoMr.AbdulAzizbinNasserAl-Khalifa,CEOofQatarFinanceHouseforthesilversponsorship.WeextendourthanksandgratitudetoHEJassembinRashidAl-Buainain,generalsecretaryofQatarOlympicCommittee.Acknowledgementsareequallyextendedtoboththepartners:QatarAirways,CNBCArabicchannel.Thevoteof thanks isduetoallouracademicpartners:CollegeofShari’ahand IslamicStudiesatQatarUniversity,CollegeofIslamicStudiesatHamadBinKhalifaUniversity,andInternationalShari’ahResearchAcademyofMalaysia.Likewise, thanks are extended to the pioneers of Islamic finance industry form among the scholars,intellectualsandacademiciansforacceptingour invitationandforenrichingourconferencethroughtheirresearches,studiesandopinions.Ialsoextendmythankstotheorganizingcommitteefortheireffortsinmakingthiseventasuccessfulandforstrivinghardtoascertainthegoals.WeaskAllahtoblessuswithhismercywithregardstoourconferenceanddestinethesuccessforit.Waassalamualaykumwarahmathullahiwabarakatuhu

Dr. Khalid bin Ibrahim Al-Sulaiti-TheOrganizingCommittee

Conference Program

07:00 AM – 08:30 AM Registration

08:30 AM – 08:40 AM Recitation from Holy Qur’an

08:40 AM – 08:50 AM Address by HE Mr. Ali Bin Ahmed Al-KuwariMinister of Commerce and Industry & Deputy Chairman of QFC

08:50 AM – 09:00 AM Address by HE Sheikh Mohammad Bin Hamad Bin Jassim Al-ThaniChairman & Managing Director of Barwa Bank Group

09:00 AM – 09:10 AM Address by HE Mr. Jassem bin Rashid Al-Buainain, General Secretary of Qatar Olympic Committee.

09:10 AM – 09:20 AM Address by HE Dr. Khalid Bin Ibrahim Al-SulaitiChairman of Higher Organizing Committee of DIFC

09:20 AM – 09:40 AM Break

Conference Sessions09:40 AM – 10:40 AM First Theme:

Predicting the Financial and Economic Crises and their Impact on Islamic finance Moderator: Dr. Khalid Al-HorrCEO of Qatar Finance and Business Academy – Qatar

• Scientific tools and methodology adopted in the predictability of financial and

economic crises (Adrian Cooper, CEO Oxford Economics - Britain)

• Causes and preventive measures of financial and economic crises (Dr. Ayhan Kose, Director of Prospects Group at World Bank - USA)

• Sharia provisions for anticipating and predicting the financial crises (Prof. Dr. Hussein Samhan, Professor of Islamic Banking at Zarqa University Zarqa - Jordan)

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Conference Program

10:40 PM – 11:50 PM Second Theme:

Islamic Finance and Modern Trends Towards the Sports SectorModerator: Dr. Osama Qais Al-DereaiMD CEO of Bait Al-Mashura Finance Consultations - Qatar

• Qatar’s Investment Experience in Sports Sector

• Significance of Investment in Sports: Qatar Development Bank’s Case (Mr. Khalid Al-Mana, Executive Director of Business Finance of Qatar Development Bank (QDB) - Qatar)

• Investment in Sports Sector “Opportunities and Challenges” (Dr. Mahfoud Amara, Director of Sport Science Program at College of Arts and Sciences, Qatar

University-Qatar)

• Shariah Controls and Standards for Investment in Sports Sector (Dr. Khalid Shuga’ Al-Otaibi, Faculty Member at College of Shari’ah in Kuwait University - Kuwait)

11:50 PM – 12:20 PM Duhr Prayer Break

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Conference Program

12:20 PM – 01:30 PM Third Theme:

Islamic Trading Platforms Moderator: Prof. Dr. Ibrahim Al-AnsariDean of College of Shari’ah and Islamic - Studies at Qatar University - Qatar

• Trading Platforms “Shariah Provisions and Economic Implications” (Prof. Dr. Abdul Sattar Abu Ghaddah, Vice President Shari’ah Board of AAOIFI - Syria)

• The idea of Creating a Market for Commodities and Minerals in the Middle East (Prof. Dr. Ali Al-Qarra Daghi, General Secretary of International Union of Islamic Scholars - Qatar)

• Crowdfunding Platforms (Mr. Umar Munshi, President of Islamic Fintech Alliance - Singapore)

• The Role of Islamic Finance Instruments in Raising the Efficiency of Global

Markets(Dr. Mohammed Damak, Senior Director and Global Head of Islamic Finance S&P Global Ratings,

Dubai - USA)

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Conference Program

01:30 PM – 02:40 PM Fourth Theme:

Innovation and Artificial Intelligence in Islamic FinanceModerator: Prof. Dr. Mohamad Akram LaldinExecutive Director of ISRA Academy - Malaysia

• Artificial Intelligence in Islamic Banks: A Looking forward Vision (Prof. Dr. Azmi Omar, President and CEO of INCEIF- Malaysia)

• Future of Islamic Investment Opportunities in Artificial Intelligence (Prof. Dr. Hussein Abdou, Deputy Dean Research at UCLAN - Britain)

• Fintech in Islamic FinanceMr. Yousuf Mohamed Al-Jaida - Chief Executive Officer and Board Member, QFC Authority

(QFCA) - Qatar

• Artificial Intelligence, Sustainable Development and Qatar’s Vision 2030 (Dr. Sanjay Chawla, Research Director of the Data Analytics at QCRI -Qatar)

• Shari’ah Controls and Standards for Innovation and Artificial Intelligence in

Islamic Finance (Dr. Murad Budhaya, Faculty Member at College of Shari’ah and Islamic Studies, Qatar

University - Qatar)

02:40 PM – 03:00 PM Endnote

03:00 PM Lunch

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Theme I: Predicting Financial and Economic Crises and their Impact on Islamic Finance The last global financial crisis in 2008 as well as all preceding financial crises are evidencing the global financial system deficiencies and its dependence on temporary remedies that hastily give rise to financial crises. The need is pressing to reform the existing global financial system for avoiding such crises, now many experts and scientists raise the alarm for a new financial crisis along with the necessity for addressing it, avoiding its grounds, and reducing its potential consequences. In this theme, we are going to review the approved scientific and methodological tools to foresee financial and economic crises, its grounds and preventive measures, its consequences to Islamic finance and Shariah rulings for foreseeing financial crises.

Theme II: Islamic Finance and Recent Trends Towards Sports SectorFinancial institutions, as per their strategic plans, explore other sectors and their business activities while studying the accessibility to new investment opportunities in those sectors, the sports sector is one of them that has become a broad area for economic which has been witnessing the capital injection in pursuit of investment opportunities. In this theme, we are going to discuss the opportunities and challenges of Islamic finance in this sector and present the Qatari experience in it, then develop the most considerable Shariah rules and standards for investment in this sector.

Conference Themes

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Theme III: Islamic Trading Platforms Islamic Trading Platforms are considered as a sensitive matter, because it requires to be dealt through accurate Shariah rules and standards, such as on-spot exchange without a delay, avoiding interest which is a prohibited form of usury. Therefore, in this theme we will discuss the international commodity platforms and banking Tawarruq, as well as crowd funding platforms and the idea of establishing a commodity and metal market in the Middle East along with to elucidate Shariah provisions and economic consequences of Islamic trading platforms.

Theme IV: Innovation and Artificial Intelligence in Islamic Finance With the affirmed instance of modern technology, such as Artificial Intelligence and Blockchain and its obvious effect on all financial and economic units’ mode of operation, Islamic banks are not far from such development and its implications for various finance methods as well as the investment opportunities provided to it in this area. In this theme, we are going to address the influence of artificial intelligence on sustainable development in terms of Qatar National Vision 2030. In addition, it will foresee the future of artificial intelligence in Islamic banks together with identifying Shariah rules and standards on trading.

Conference Themes

Workshop 1: The Future of Fintech in the Financial industry?

Workshop Trainer: Professor / Hussien Abdou

Trainer Title: Deputy Dean Research and Faculty Director, Lancashire School of Business & Enterprise, UK

Location: Grand Sheraton Doha – Al Nakheel Hall

Date: Wednesday 26th of February 2020

Time: from 09.:00 am to 12:00 pm

Highlights:The workshop focus would be upon the disruption of financial industry by FinTech, and the content will shed the light upon the State of Islamic FinTech in the meantime.The workshop will enable participants to gain insight into the fintech industry and develop participants insight around the level of fintech disruption, build knowledge around the revolution of disintermediation, whether Islamic fintech is different and the key future opportunities.

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Workshop 2: Islamic Crowdfunding

Workshop Trainer: Mr. Umar Munshi

Trainer Title: President of the Islamic Fintech Alliance

Location: Grand Sheraton Doha – Al Nakheel Hall

Date: Wednesday 26th of February 2020

Time: from 01:00 am to 04:00 pm

Highlights:Crowdfunding - $2.5tn opportunity, the marketplace for projects to raise funds.What is special about crowdfunding and What is the role of Islamic finance?What is the opportunity for the Muslim world, and humanity and Can non-bank Islamic finance models effectively crowdfund with a conscience?

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Workshop 3: Islamic finance industry

outlook – One industry, Three Accelerators

Workshop Trainer: Dr. Mohamed Damak,

Trainer Title: Senior Director & Global Head of Islamic Finance, S&P Global Ratings

Location: Grand Sheraton Doha – Al Basir Hall

Date: Wednesday 26th of February 2020

Time: from 09:00 am to 01:30 pm

Highlights:Session1: Methodology for rating Sukuk.Session 2: Islamic Finance Industry Outlook – One Industry, Three Accelerators. This session will share our outlook for the industry’s growth, and put a spotlight on three accelerators, that, in our view, could provide the opportunity for the industry to return to faster growth.

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Workshop 4 : The Potential

of FINTECH for the Islamic Finance Industry

Workshop panelists: Dr Dalal Aassouli, (Workshop Coordinator), Mufti Barakatullah (Shariah perspective), Amin Mohseni (Academic perspective), Akbar Khan (Industry perspective), and Zul Hakim.

Date: Feb 26, 2020

Location: Al-Basir Meeting room, Sheraton Doha

Time: From 02:30 pm to 04:00 pm

Scope:

The workshop will be based on panel discussion to assess the importance of Fintech in the Islamic finance industry. Fintech is becoming widely accepted phenomenon and should be adopted by the finance industry. Each panelist will bring their insights and experience on this topic and provide some recommendations with reference to Islamic financial institutions in Qatar.

Tel:40409999 Fax:40409911 P.O.Box:23471 Doha-Qatarwww.b-mashura.com www.ifcdoha.com

Organized byتنـظــيــــــــم

www.b-mashura.com www.ifcdoha.com