ISLAMIC FINANCE CONFERENCE

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July 17 @ 8:00 am - July 19 @ 5:00 pm

| Ksh 55000 Book Now

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA

(established under the Accountant Act, Laws of Kenya)

THE INAUGURAL ISLAMIC FINANCE CONFERENCE

Venue:  Voyager Beach Resort, Mombasa

Theme: “Islamic Finance: A catalyst for Shared Prosperity”

Date: 17th to 19th July 2019

OVERVIEW

Islamic finance is an emerging sector in financial services industry which is based on Islamic scriptural texts that prohibit usury (interest). Essentially, Shariah compliant financing is aimed at promoting fairness and equity in transactions, avoiding interest, abstaining from non-permissible activities and reward sharing through transparent processes. It spans in the banking, capital markets, insurance and pensions services.

Globally, Islamic finance controls assets worth over $2 trillion. In Kenya, Islamic finance is just over a decade old, having been introduced by Barclays Bank with the introduction of Shariah compliant banking products. The industry holds tremendous potential and promises great benefits not only to Muslims but to everyone seeking an ethical alternative to the traditional financial services offered in the market.

The theme of the Inaugural Islamic Finance will focus on key areas of the Islamic finance sector, including regulatory, strategic, FinTech, operational and risk transformation to ensure that the industry is able to build critical mass, expand its geographic reach & depth, and participate in large-scale deals seamlessly across jurisdictions – and, ultimately and most importantly, to successfully meet the needs of an ever-growing base of investors, customers and end-users.

In view of this, ICPAK will hold this Inaugural Conference to shed light on this sector and enhance members’ knowledge in matters Islamic finance. The conference will focus on areas such as:

  1. The new SRI? Sustainable, Responsible, & Islamic Finance: Islamic finance tends to take new and successful products from the world of finance and develop Shariah-compliant alternatives, a ‘replication’ strategy for growth. Although this strategy has put Islamic finance on the global finance map, it faces diminishing returns with passing decades. Islamic finance needs to win over a new generation of Muslim millennials, who share the expectations of their generational cohort for finance to be more responsive to their desire for social and environmental impact. Disruptive tools like FinTech, responsible finance and social entrepreneurship offer a seemingly alternative narrative that Islamic finance can use to advance its ethical values. However, their small-scale deployment hinders wider scale adoption. Presenters
  2. Fintech, Blockchain and Crowdfunding: It’s Role in Impact Financing: This specialized session focuses on the current and future implications of Fintech and Blockchain on Islamic finance and addresses issues from strategic, operational, regulatory and Shariah perspectives. The session will also discuss the changing landscape of impact financing with the advent of innovative crowdfunding approach. The panelists will deliberate on the present and likely future regulatory environment surrounding technological development and its impact on Islamic financial institutions from privacy and security viewpoints.
  3. Shining a light on East Africa’s Islamic Economy – case Studies from Kenya & Uganda & Tanzania
  4. Islamic finance: a significant potential for international arbitration
  5. Shariah Governance Framework
  6. Overview of Islamic Finance: Takaful & Sukuku Case Study of Dana Gas
  7. Financial Reporting Updates: IFRS16: Leases (taking effect 2019), IFRS15/13: Overview, IFRS9: Challenges/recommendations
  8. How might we 10X The Global Islamic Economy for Our Shared Future: High-energy, team-based design activity in which participants rapidly brainstorm, develop and propose concepts and ideas that reimagine the future Global Islamic Economy. When time is up, a representative of each group will share their ideas to the whole group. Attendees will be interacting directly with Session Leaders and with Co-facilitators, enabling them to benefit & learn directly from their expertise and experience through an engaging and interactive format.

B.  TARGET

Government Policy Makers, Banking Regulators & Auditors, Legal Practitioners, Economists, Finance & Accounting Professionals, Sharia Scholars & Compliance Experts, Professionals from Islamic Banks & Takaful Companies, Academicians, CEOs and CFOs from both Public and Private Sector.

Charges

Category Early Bird Registration

Booking & Payment on or before 2nd July 2019

Normal Registration

Booking & Payment or LSO/LPO received by ICPAK after 2nd July 2019

Associate Members/Accounting Trainees Ksh. 40,000 Ksh. 50,000
Kenyan based Members/ACCA Members and IFAC PAOs Ksh. 50,000 Ksh. 55,000
Non-members & International Delegates Ksh. 55,000

USD 650

Ksh. 60,000

USD 610

C.   CPD UNITS

Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all conference sessions.

Partnership Opportunities

The conference presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email Raphael on raphael.nguli@icpak.com

Further requests can be channeled to us via telephone calls on +254 719 074000/100/129 or via email to brenda.imali@icpak.com with a copy to memberservices@icpak.com

We encourage members to regularly visit our website www.icpak.com for updates.

Details

Start:
July 17 @ 8:00 am
End:
July 19 @ 5:00 pm
Cost:
Ksh 55000
Event Category:

Organizer

ICPAK
Website:
icpak.com

Other

Target
Public and Private Sector
CPD Hours
20
Associates Member Cost
Ksh 50,000
Full Member Cost
Ksh 55,000
Non Member Cost
Ksh 60,000
Event Type
Conference
Status
Open
Associate Member Discount
10000
Full Member Discount
5000
Non Member Discount
5000
Discount Date (yyyy-mm-dd)
2019-07-02

Venue

Sarova Whitesands Beach Resort & Spa Mombasa
Mombasa,
+ Google Map
Phone:
+254 727 531006
Jun 19

Budget Review & Emerging Tax Issues Workshop – Nyanza Branch

Event Closed
Jun 20

Transfer Pricing Workshop

Event Closed
Jun 20
Jun 20

Budget Review & Emerging Tax Issues Workshop- Mt. Kenya Branch

Event Closed
Jun 19

THE FINANCIAL SERVICES SECTOR CONFERENCE

Event Closed
Jul 03

THE 4th DEBT MANAGEMENT SEMINAR

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Jul 10
Jul 17

ISLAMIC FINANCE CONFERENCE

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Jul 17

BEYOND MANAGEMENT SUMMIT

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Nov 14

Financial Reporting Workshop – Western

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Dec 31
Dec 31

Tax and Economics

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Dec 31
Dec 31

RISK MANAGEMENT

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There are no upcoming events at this time.

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About ICPAK

ICPAK is an Institution
mandated to protect and uphold public interest
as well as develop and regulate the accountancy profession in Kenya.

Member Of:

Contact Information:

P.O BOX 59963-00200,
CPA Center, Ruaraka, Thika road.
Nairobi, Kenya.
Telephone Line (Main) : +254 719 074 000
Mobile: +254 719 074 000, (+254) 733 856262
Email: icpak@icpak.com

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