SINGAPORE - SPEECHES - WIBC Singapore 2012

The Next Phase in Islamic Finance  

Ravi Menon

Managing Director, Monetary Authority of Singapore

Opening Address at the 3rd Annual World Islamic Banking Conference: Asia Summit

Grant Hyatt Singapore

5 June 2012

Dr Ahmad Mohamed Ali Al-Madani, President, Islamic Development Bank,
Your Excellencies, distinguished guests, ladies and gentlemen, good morning.
And to all our foreign guests, a warm welcome to Singapore.

An Increasingly Difficult Conjuncture

We are meeting here for the 3rd Annual World Islamic Banking Conference Asia Summit, at a time of increasing stress in the global economy and financial system.  (source)

BAHRAIN - SPEECHES - Indonesia - Bahrain: Exploring Smart Partnership on Islamic Banking and Finance

www.bma.gov.bh - Indonesia -  Bahrain: Exploring Smart Partnership on Islamic Banking and Finance

Manama, Bahrain: 14th May 2012

Opening Address by: Mr. A. Rahman Al-Baker, Executive Director of Financial Institutions Supervision, Central Bank of Bahrain

Your Excellencies, distinguished guests, ladies and gentlemen - Good Morning.

I am honoured to be here today to speak to you at this seminar in a spirit of partnership and brotherhood. Our two nations are both very similar and yet hugely different. We are both identified as Muslim nations, and yet we both have other religious groups existing alongside the Muslim majority. Indonesia is a vast nation, with a population in excess of 238 million people, whilst Bahrain has a population of only just over 1 million people. Indonesia is a founder member of ASEAN (the Association of Southeast Asian Nations), as Bahrain is a founder member of the GCC. These are both major economic blocs within their regions. Within ASEAN, Indonesia is the largest country by population and GDP. Within the GCC, Bahrain is the home of modern Islamic banking and finance. (source)

MALAYSIA - BANKING - Governor\'s Speech at the Launch of the Financial Sector Blueprint at Sasana Kijang : \"Strengthening Our Future\"

Speaker : Governor Dr. Zeti Akhtar Aziz Venue : Sasana Kijang, Kuala Lumpur Date : 21 December 2011 Language : English

It is my great honour to welcome you to Sasana Kijang for the launch of Bank Negara Malaysia's Financial Sector Blueprint. On behalf of Bank Negara Malaysia and the financial services industry, Yang Amat Berhormat Dato' Sri, I wish to express our appreciation to you for your presence here this afternoon to launch the Financial Sector Blueprint. This Blueprint marks a new phase in the development of the financial system. It focuses on new areas that will strengthen the competitiveness and efficiency of the financial sector and its potential role in facilitating our ongoing economic transformation and greater regional economic and financial integration and thus to enhance Malaysia's long term economic growth potential.  (source)

MALAYSIA - SPEECH - Governor's Keynote Address at the Islamic Financial Intelligence Summit (IFIS) 2011- "The New Islamic Finance Landscape"

This speech refers to the IFSB-IDB Task Force of Islamic Finance and Global Financial Stability Report (April 2010) that can be accessed here. 

This decade has witnessed dramatic changes in the Islamic financial landscape. As a dynamic industry, Islamic finance is responding to the forces of change emanating from the changing requirements of the real economy, the changing pattern and pace of globalisation and the wide spread financial reforms being undertaken at both the international and national levels.  This transformation of the Islamic financial system is also taking place during the most challenging of times as the world enters the fifth year of the global financial crisis. A central aspect of the new Islamic financial landscape is also the increased focus on financial stability to enhance further its potential as a form of financial intermediation in an increasingly more challenging environment.  (source)

INDONESIA - EVENTS - HIGH LEVEL - Opening Remarks Gubernur Bank Indonesia

Opening Remarks
Joint High Level Conference In Islamic Finance
Bank Indonesia And Bank Negara Malaysia
Gubernur Bank Indonesia
Jakarta 18-19 July 2011

(source)

INDONESIA - EVENTS - HIGH LEVEL CONFERENCE - Speech by Vice President Dr. Boediono at Joint High Level Conference in Islamic Finance, Indonesia

Speech
Joint High Level Conference on Islamic Finance

Jakarta, Indonesia
Monday, 18 July 2011

Vice President Republic Indonesia  - Dr. Boediono

(source)

INDONESIA - EVENTS - High level conference : Speech by Tan Sri Dr Zeti Akhtar Aziz, Governor, Bank Negara Malaysia

Joint Opening Remarks by Governor
Joint High Level Conference on Islamic Finance

Jakarta, Indonesia
Monday, 18 July 2011

Tan Sri Dr Zeti Akhtar Aziz,
Governor, Bank Negara Malaysia

“Enhancing Financial Linkages Towards Economic Prosperity”

(source)

SPEECH - SINGAPORE - Opening Address by Mr Lim Hng Kiang, Minister for Trade and Industry and Deputy Chairman, Monetary Authority of Singapore at the 2nd World Islamic Banking Conference: Asia Summit 2011

 Opening Address by Mr Lim Hng Kiang, Minister for Trade and Industry and Deputy Chairman, Monetary Authority of Singapore at the 2nd World Islamic Banking Conference: Asia Summit 2011 -8 June 2011 at Pan Pacific Hotel Singapore

“Towards a New Era of Growing Connectivity between Asia and the Middle East”

Your Excellencies, distinguished guests, ladies and gentlemen,

Introduction

1   I am honoured to be invited to deliver the opening address at the 2nd World Islamic Banking Conference: Asia Summit (WIBC Asia).  I would like to extend a warm welcome to our overseas guests, especially our distinguished speakers who will be sharing their insights during this conference. (Source - or read hereunder)

SPEECH - Speech by YBhg Tan Sri Zarinah Anwar Chairman, Securities Commission Malaysia at the Launch of Capital Market Masterplan 2 - April 12, 2011

Speech by

YBhg Tan Sri Zarinah Anwar
Chairman, Securities Commission Malaysia

at the

Launch of Capital Market Masterplan 2
12 April 2011
Shangri-La Hotel, Kuala Lumpur

Ladies and Gentlemen,

The launch of CMP2 is a significant milestone in the development of the capital market of Malaysia. It marks the successful implementation of the first Capital Market Masterplan where 95% of the 152 recommendations were completed. CMP1 has been a remarkably prescient document that continues to retain relevance even after a decade and has been used by many countries as a model plan for the development of their own capital markets. (full story)

WHAT HAPPENS WHEN 6.000 accountants and auditors learn about Islamic finance

November 8-11, 2010 - WCOA World Conference of Accountants - Kuala Lumpur / Malaysia.

6.000 Accountants from all over the world - most non-Muslim - get exposed in a non-intrusive way to the basics of Islamic finance.

2010 Nov Wcoa Slide Final

EVENTS - SPEECH - Dr. Halim Alimsyah - Deputy Governor BI - Seminar Tahun Tentang Outlook Perbankan Syariah 2011" - Nov 24, 2010

"Perkembangan perbankan syariah dalam lima tahun terakhir sangatlah menggembirakan. Kami optimis pertumbuhan ini akan terus berlanjut seiring dengan semakin bertambahnya jumlah bank syariah. Untuk tahun 2011, penghimpunan dana pihak ketiga (DPK) perbankan syariah diperkirakan akan melebihi tahun 2010, terlebih jika perbankan syariah mampu memanfaatkan momentum capital inflow. Sementara kondisi fundamental ekonomi tahun 2011 yang semakin kokoh, proses pemulihan ekonomi global yang semakin menguat, dan dukungan aturan perpajakan yang lebih kondusif akan mendorong kinerja pembiayaan perbankan syariah." Demikian dikatakan Deputi Gubernur BI, Halim Alamsyah, saat membuka Seminar Akhir Tahun Tentang Outlook Perbankan Syariah 2011 di Koperbi Jakarta, 24 November 2010. Seminar yang mengangkat tema "Kesiapan Bank Syariah Menangkap Peluang Ekspansi 2011" ini dihadiri oleh kalangan perbankan, instansi Pemerintah, KADIN, Asosiasi Usaha, dan para akademisi. (actual speech attached hereunder)

UK - EVENTS -SPEECH - Deputy Governor's Keynote Address at the ISRA-IIBI 2nd Annual International Thematic Workshop 2010: "The Polemics of Governing Law in Islamic Finance"

Speaker : Dato' Muhammad bin Ibrahim Venue : The Thomson Reuters Building, London Date : 29 November 2010 Language : English

Let me first thank the organizers for inviting me to speak at this ISRA-IIBI 2nd Annual International Thematic Workshop 2010. Although I very much regret not being able to be in London in person, I am thankful for the many advances of modern technology for the opportunity to briefly address all of you this morning. I am also happy to note that this event is a continuation of international collaboration between the organizers, the International Shariah Research Academy for Islamic Finance (ISRA), the Institute of Islamic Banking and Insurance (IIBI) and Thomson Reuters, following the success of the inaugural workshop held last year. The theme of this year's workshop, 'The Polemics of Governing Law in Islamic Finance: Recent Developments and the Way Forward', is most apt. With the emergence of Islamic finance as a new growth area in the global financial landscape, this Workshop provides an excellent forum to exchange views and information on topical legal issues in Islamic finance. As Islamic financial activities are increasingly crossing national boundaries, it is critical for more such dialogues to take place at an international level, in order to gain wider perspectives that can contribute to the development of a legal framework for Islamic finance that is internationally facilitative.

SINGAPORE - EVENTS - SPEECH - MAS Singapore calls for Islamic improvements

The Monetary Authority of Singapore has called for stricter standards of risk management and corporate governance at Sharia-compliant financial institutions.

Ng Nam Sin, assistant managing director at the authority, told the 17th annual World Islamic Banking Conference in Bahrain on Wednesday that banks need to ensure that their businesses can be "sustainable in the long-term".

SINGAPORE - EVENTS - SPEECH - The new financial landscape - catalysing the growth of Islamic finance in the Asian markets

Opening Keynote Address by Mr Ng Nam Sin, Assistant Managing Director (Development), Monetary Authority of Singapore, at the 17th Annual World Islamic Banking Conference, Bahrain, 24 November 2010, 9.15am, Bahrain time (2.15pm Singapore time)

THE NEW FINANCIAL LANDSCAPE: CATALYSING THE GROWTH OF ISLAMIC FINANCE IN THE ASIAN MARKETS

PUBLICATONS - SPEECH - BIS - Muhammad bin Ibrahim: Financial services industry – opportunities and challenges for Asia and Europe

Speech by Mr Muhammad bin Ibrahim, Deputy Governor of the Central Bank of Malaysia, at the 12th Asia-Europe Business Forum: “The Potential Role of Islamic Finance in Contributing to Global Financial Stability”, Brussels, 4 October 2010.

* * *

I am honoured to be invited to speak at this Asia-Europe Business Forum themed “Financial Services Industry: Opportunities and Challenges for Asia and Europe”. During a time of global economic challenge and uncertainty, following the recent unprecedented global financial and economic crisis, it is timely for this forum to take place as a platform for business leaders and policymakers across Asia and Europe to reflect on the challenges and to discuss on solutions that can contribute to restoration of global financial stability.