INDONESIA - EVENTS - Intl Conference Islamic Capital Markets Jakarta

 PRESS RELEASE
INTERNATIONAL CONFERENCE ON ISLAMIC CAPITAL MARKET IN 2012
"Toward Resilient, Robust, and Competitive Islamic Capital Markets"
Jakarta, 19-20 June 2012
I. International Conference on Islamic Capital MarketA. International Conference on Islamic Capital Market in 2012 was held in cooperation between the Capital Market Supervisory Agency and Financial Institution Supervisory Agency (Bapepam-LK) by the Islamic Research and Training Institute, Islamic Development Bank (IDB-IRTI).
2. The purpose of this conference is to learn more Islamic capital market role in the Islamic financial system and how it impacts on the increased investment, market stability, and an equitable socio-economic development. 
3. In addition, the conference is to be one potential means to introduce Islamic capital market in Indonesia to the international community in developing and strengthening relations between the Islamic capital market regulator Bapepam-LK as with other state regulators and market participants
4. Furthermore, the main focus of this conference is to discuss current matters relating to Development and prospect; Market Reform and Infrastructure Development: Regulatory aspect of Islamic capital markets; and Strategy for development of capital market products for public sector financing. The discussion will be divided into two main parts, namely the panel discussions and paper presentations.BAPEPAM-LK (source)

 5. The panel discussion will be conducted by the speaker who is a competent regulators and practitioners in the field. The speakers who will fill this conference include:a. IRTI-IDB;b. ISRA (International Shari'ah Research Academy for Islamic Finance)c. IFSB (Islamic Financial Services Board)d. Securities Exchange Organization of Iran;e. Capital Market Development Authority, Maldives;f. World Bank;g. IIFM (International Islamic Financial Market)h. Australian Centre for Islamic Financial Studies (ACIFS);i. HSBC Amanah;j. Indonesia Stock Exchange;k. Directorate General of Debt Management;l. Bapepam-LK;m. Indonesian Islamic Banking Association (ASBISINDO)n. Karim Business Consulting;o. Higher School of Economics Tazkia Islam.6. Further in the paper presentations, the Academic Committee has received 143 abstracts from 13 countries, from the number of 107 abstracts were selected. subsequently selected from the abstracts received 60 papers, which then select and announce the Academic Committee 15 best paper. The author of 15 papers were from practitioners and academics from various countries including: Indonesia, Malaysia, the United States, Britain, France, Japan, Bosnia, the United Arab Emirates, and Pakistan.7. Conference participants are expected to amount to 230 people made up of various parties, both from domestic and overseas including: regulators, market participants, and academics. The largest number of participants is market participants and academics.8. These activities are expected to knowledge and understanding of the market makers and the general public about the Islamic capital market will increase, which in turn is expected to accelerate the development of Islamic capital market in Indonesia. While it is3 | P a g eSpecifically, the activities can provide significant benefits to Bapepam-LK through the inputs and recommendations obtained from the conference for the development of Islamic capital market in Indonesia in the future.II. Overview of the Islamic Research and Training Institute, Islamic Development Bank (IDB-IRTI)A. IRTI is a member of the Islamic Development Bank Group (IDB) which has the responsibility to lead the development and sustainability of a comprehensive Islamic financial industry to support the socioeconomic development of the State - the State members.2. IRTI - IDB always maintain its commitment to support the development of Islamic financial industry including banking, takaful and capital market. In addition, IRTI - IDB also is bolstering the foundation as a global reference center of Islamic finance.3. IDB has a strong dedication to supporting the economic development of States belonging to the Organization of Islamic Conference (OIC) through increased variety of Islamic financial products. IDB through its Member Country Partnership Strategy (MCPs) will allocate the various activities in Indonesia including health and education programs in Indonesia. In addition, the IDB also continue to contribute actively in discussion forums related to financial policy.4. We believe that the Islamic capital market is to have a role in the overall economic development. A major role can not be separated from the principle of Islamic capital market instruments that avoid excessive debt.

PRESS RELEASE
KONFERENSI INTERNASIONAL PASAR MODAL SYARIAH TAHUN 2012
“Toward Resilient, Robust, and Competitive Islamic Capital Markets”
Jakarta, 19-20 Juni 2012
I. Konferensi Internasional Pasar Modal Syariah
1. Konferensi Internasional Pasar Modal Syariah tahun 2012 ini terselenggara atas kerjasama Badan Pengawas Pasar Modal dan Lembaga Keuangan (Bapepam-LK) dengan Islamic Research and Training Institute, Islamic Development Bank (IRTI-IDB).
2. Tujuan dari konferensi ini adalah untuk mengetahui lebih jauh peranan pasar modal syariah dalam sistem keuangan syariah dan bagaimana hal tersebut memberikan dampak pada peningkatan investasi, stabilitas pasar, dan pembangunan sosial ekonomi yang berkeadilan.
3. Selain itu, Konferensi ini menjadi salah satu sarana untuk memperkenalkan potensi pasar modal syariah di Indonesia kepada dunia internasional dan mempererat hubungan dalam pengembangan pasar modal syariah antara Bapepam-LK sebagai regulator dengan para regulator negara lain dan para pelaku pasar.
4. Selanjutnya, fokus utama dalam konferensi ini adalah membahas hal-hal terkini terkait dengan Development and prospect; Market reform and infrastucture development; Regulatory aspect of Islamic capital market; and Strategy for development capital market products for public sector financing. Pembahasan akan dibagi menjadi dua bagian utama yaitu bagian diskusi panel dan presentasi paper.
BAPEPAM-LK
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5. Diskusi panel akan dilakukan oleh para pembicara yang merupakan regulator dan praktisi yang berkompeten di bidangnya. Adapun pembicara yang akan mengisi acara konferensi ini antara lain:
a. IRTI-IDB;
b. ISRA (International Shari'ah Research Academy for Islamic Finance)
c. IFSB (Islamic Financial Services Board)
d. Securities Exchange Organization of Iran;
e. Capital Market Development Authority, Maldives;
f. World Bank;
g. IIFM (International Islamic Financial Market )
h. Australian Centre for Islamic Financial Studies (ACIFS);
i. HSBC Amanah;
j. Bursa Efek Indonesia;
k. Direktorat Jenderal Pengelolaan Utang;
l. Bapepam-LK;
m. Asosiasi Perbankan Syariah Indonesia (ASBISINDO)
n. Karim Business Consulting;
o. Sekolah Tinggi Ekonomi Islam Tazkia.
6. Selanjutnya dalam presentasi paper, Academic Committee telah menerima 143 abstracts dari 13 negara, dari jumlah tersebut dipilih 107 abstracts. selanjutnya dari abstracts terpilih tersebut diterima 60 paper, yang kemudian Academic Committee memilih dan mengumumkan 15 paper terbaik. Penulis dari 15 paper tersebut berasal dari praktisi dan akademisi dari berbagai negara, antara lain: Indonesia, Malaysia, Amerika Serikat, Inggris, Perancis, Jepang, Bosnia, Uni Emirat Arab, dan Pakistan.
7. Peserta konferensi ini diharapkan berjumlah 230 orang terdiri dari berbagai pihak baik dari dalam negeri maupun luar negeri yang meliputi: regulator, pelaku pasar, dan akademisi. Jumlah terbesar dari peserta adalah pelaku pasar dan akademisi.
8. Dengan kegiatan ini diharapkan pengetahuan dan pemahaman para pelaku pasar dan masyarakat pada umumnya mengenai pasar modal syariah akan meningkat, yang pada gilirannya diharapkan dapat mengakselerasi perkembangan pasar modal syariah di Indonesia. Sementara itu secara
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khusus, kegiatan dapat memberikan manfaat yang nyata bagi Bapepam-LK melalui masukan-masukan maupun rekomendasi yang diperoleh dari konferensi tersebut untuk pengembangan pasar modal syariah di Indonesia ke depan.
II. Sekilas tentang Islamic Research and Training Institute, Islamic Development Bank (IRTI-IDB)
1. IRTI merupakan anggota dari Islamic Development Bank Group (IDB) yang memiliki tanggung jawab untuk memimpin perkembangan dan keberlanjutan secara comprehensive dari industri keuangan syariah untuk mendukung pengembangan sosial ekonomi Negara – Negara anggotanya.
2. IRTI – IDB senantiasa menjaga komitmennya untuk mendukung pengembangan industri keuangan syariah termasuk perbankan, takaful dan capital market. Selain itu, IRTI – IDB juga sedang memperkuat fondasi sebagai pusat referensi global mengenai Islamic finance.
3. IDB memiliki dedikasi yang kuat untuk mendukung pengembangan ekonomi Negara-Negara yang tergabung dalam Organisasi Konferensi Islam (OKI) melalui peningkatan variasi produk keuangan islami. IDB melalui program Member Country Partnership Strategy (MCPS) akan mengalokasikan berbagai aktivitas di Indonesia termasuk program kesehatan dan edukasi di Indonesia. Selain itu, IDB juga senantiasa berkontribusi aktif dalam diskusi forum terkait kebijakan financial.
4. Kami percaya bahwa pasar modal syariah sangat memiliki peran dalam perkembangan ekonomi secara keseluruhan. Peran yang besar ini tidak dapat dilepaskan dari prinsip instrumen pasar modal syariah yang menghindari utang berlebihan.

Source: http://www.bapepam.go.id/pasar_modal/publikasi_pm/siaran_pers_pm/2012/pdf/Press-Release-Konferensi-PM-Syariah-2012.pdf  - June 21- 2012 - google translate