After a five-year hiatus, IFN is excited to be back in Australia once again as interest Down Under swells and Shariah investment flows increase. The IFN Australia Forum will take place on Tuesday 27 March 2018, 9:00 am – 2:30 pm at King & Wood Mallesons (KWM), Level 61, Governor Phillip Tower, 1 Farrer Place, Sydney.
The country may still be lacking in dedicated Islamic finance laws; however, its stability, as proven by its unbroken record of continued economic expansion over the last 26 years and lucrative real estate sector, has attracted strong interest from Shariah investors from Southeast Asia and the Middle East.
Malaysia’s Lembaga Tabung Haji is one of the biggest Islamic investors into the country but more institutional investors from the likes of the UAE and Saudi Arabia are also eyeing a slice of the Australian property pie.
To cope with the demand, the very first Islamic bank Australia project is currently underway by IBA Group with the intention to offer investment-linked retail and fund management products and services, compliant with Shariah governance and Australian regulatory rules.
This is a significant initiative to facilitate and enhance Shariah compliant banking and finance in Australia.
The Shariah rush into the Australian property market may be relatively recent; however, the buildup for Islamic investments has long been in the making on the domestic front.
Housing the largest funds under management in the world after the US and Luxembourg, Australia is home to a growing number of Shariah compliant investment funds; experts forecast the Islamic investment fund industry to grow up to US$22 billion by 2020.
Shariah compliant mortgages continue to gain positive traction so much so that Australia’s largest banks are also designing Muslim-friendly products to cater to this burgeoning market.
In the backdrop of rising local and international demand for Islamic financial products and proactive measures by market participants – both domestic and foreign – to meet this demand, IFN is proud to be returning to Australia to host regulators, senior industry players and key stakeholders to explore and engage in construction discourse on Australia’s Islamic finance sector which will be officiated by Prof Dr John Hewson, the former Opposition Leader of Australia.
Admission is complimentary. Register Now http://redmoneyevents.com/main/event.asp?IFN=Australia2018
|09:00 – 09:05||Opening Remarks|
|09:05 – 09:15||Welcome Remarks
Chaaban Omran – CEO, Islamic Financial Services Council of Australia (IFSCA)
|09:15 – 09:30||Keynote Address
Professor Dr John Hewson – Board Member, IBA Group (former Opposition Leader of Australia)
|09:30 – 10:30||Shariah Compliant Investment Opportunities in Australia: Where do we stand now?
|10:20 – 10:30||Presentation: Responsible Islamic Finance in Australia
|10:30 – 11:00||Coffee Break|
|11:00 – 11:50||Portfolio Construction and The Importance of Diversification
|11:50 – 12:20||Presentation: Further Growth and Opportunity in Shariah Compliant Investment Funds and Superannuation
|12:20 – 12:30||Presentation: Islamic Banking and Finance in Australia; A dynamic Alternative to their Conventional Peers
|12:30 – 13:30||Islamic Real Estate Investment, Property and Construction Finance
|13:30 – 14:30||Networking|