IFN OnAir

Ahmed Kareem El Kenzi, Director, BTD International Fund House – Luxembourg

Fabrice Susini, CEO of Saudi Real Estate Refinance Company, talks to IFN's Nessreen Tamano about the Sukuk and Islamic finance strategy of the company, whose mandate includes providing liquidity to the real estate finance market, as well as sustainable financing solutions to Saudi homebuyers.

• What represents a blueprint for advancing the transition to a low-carbon economy via effective stakeholder collaboration, regulation, resource allocation, positioning and product innovation in the Omani financial services sector?
• What are the implications for the Islamic sustainable financial services sector of the introduction of various regulatory taxonomies, frameworks and standards?
• How will new bond and Sukuk regulations, as part of the executive regulations to the Securities Law, accommodate and facilitate sustainable finance in Oman?
• What are current tax and operational cost incentive frameworks for the development of Islamic sustainable finance and investment products in Oman? Are they effective, and what more can be done?
• The juxtaposition facing the GCC: funding the hydrocarbon sector, while simultaneously developing a thriving green and sustainable finance sector
• Are we sufficiently capitalizing on the powerful synergies between sustainable finance and Islamic finance and how do we effectively position the sector?
• What are important criteria in the development of Islamic sustainable finance and investment products, and are we successfully developing products which satisfy both Shariah and ESG requirements?
• What approaches are large regional institutional investors taking to sustainable finance and investment, and what can be learnt from this?
• How do we fund clean energy, sustainable activities and social projects in Oman such through an effective, liquid Islamic capital market?
• How do we continue to measure impact from green and sustainable issuance? What tools are available for issuers and investors for this purpose?

Moderator:

Luma Saqqaf, CEO, Ajyal Sustainability Consulting

Panelists:

Asad Qayyum, Managing Partner, MAQ Legal Kemal Rizadi Arbi, Expert/Advisor, Capital Market Authority, Sultanate of Oman Khalid Al Kayed, CEO, Bank Nizwa Shahariah Shaharudin, President, Saturna Malaysia Talha Ahmed Khan, Country Manager and Head Global Investment Unit, Pak Oman Investment Company Thamer Al Shahry, Partner, Said Al Shahry & Partners

reNIKOLA Solar II issued the world's first Climate Bonds Initiative-certified Sukuk in September this year. Marlena Kareem, the editor of ISFI, speaks to Khong Ho Ming, the executive director and COO of reNIKOLA, about this landmark issuance.

Astera Primanto Bhakti, Director General of Fiscal Balance, Ministry of Finance, the Republic of Indonesia, Secretary General of the Indonesian Association of Islamic Economists (IAEI)