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IFN OnAir

193 episodes - English - Latest episode: 3 months ago - ★★★★★ - 2 ratings

Islamic Finance News (IFN) OnAir will provide you with the latest insight into the world of Islamic banking & finance from the world's leading industry provider. Visit our website at www.islamicfinancenews.com for more information

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Episodes

Investment opportunities in the digital landscape

January 23, 2024 03:00 - 16 minutes - 11.5 MB

In this IFN Podcast episode, Munirah Khairuddin, the country head and CEO of Principal Asset Management Malaysia speaks to Nessreen Tamano of IFN about the rising popularity and impact of digital investing, especially in the context of Shariah compliant finance, in Malaysia and around the world.

The use case of Hibah for Muslim estate planning

January 17, 2024 09:00 - 28 minutes - 19.5 MB

Estate planning is a major challenge in Malaysia, with the upper bound of frozen assets estimated at RM90 billion (US$19.36 billion). In this episode of the podcast, Marlena Kareem, the editor of ISFI, speaks to Ariffin Sabirin, the founder of Wasiyyah Shoppe, and Khairul Nisa Ismail, CEO of Sedania As Salam Capital, about how they are collaborating to address the Muslim estate planning challenge with the Hibah instrument. 

Digital trends in the Islamic banking sector

January 16, 2024 03:00 - 17 minutes - 12 MB

The mainstreaming of digital lending has overhauled the risk landscape for banks and financial institutions. How should the finance industry adapt? In this episode, Vineeta Tan speaks to Guru Raghavendran, the senior vice-president of banking practice at Azentio Software, to explore this topic.

Unlocking carbon credit market potential in a Halal manner

January 02, 2024 23:00 - 31 minutes - 13.6 MB

Carbon credits are positioned as a potential avenue to alleviate some of the global climate pressures emanating from carbon emissions. But they are not without critics. Are they a viable asset class and how can we best optimize carbon credits and offsets? My name is Vineeta Tan, the managing editor of IFN. To understand this, in this episode, Vineeta Tan speaks to Professor Lisa Wilson, the managing director of XTCC, a Shariah compliant investment platform for carbon credits; and Dr Scott Le...

Air Selangor's SRI Sukuk strategy

December 25, 2023 02:00 - 14 minutes - 9.89 MB

Air Selangor issued its largest SRI Sukuk to date in October 2023. In this episode, Marlena Kereem, the editor of Islamic Sustainable Finance and Investment, sits down with Kevin Lee Shih-Min, the head of finance and strategy at Air Selangor, to talk about this landmark issuance and its SRI Sukuk strategy moving forward. 

The rise of venture debt funds in MENA

December 05, 2023 09:00 - 32 minutes - 22.4 MB

There is a noticeable shift from traditional bank financing toward alternative financing across multiple asset classes in the GCC and beyond, which is resulting in the rise of instruments such as venture debt funds. In this episode, brought to you by King and Spalding, Asal Saghari and Mike Rainey explore this trend, bringing us expert insights and analyses to help us understand this shift and how it impacts the financing landscape. Nathan Kwon joins as a special guest. 

Potential areas of Islamic PE & VC growth

December 05, 2023 05:00 - 26 minutes - 18.2 MB

There are areas of opportunities in the Islamic private equity and venture capital space, particularly in the GCC and Southeast Asian regions, where Lim Say Cheong, the CEO of Saudi Venture Capital Investment Company, has focused on in the last decade. He shares his insights with IFN in this episode with Nessreen Tamano.

The world's first Climate Bonds Initiative-certified Sukuk

November 29, 2023 06:00 - 16 minutes - 11.5 MB

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.

Takatech in Malaysia

November 10, 2023 00:00 - 14 minutes - 10.2 MB

The Islamic insurtech sector in Malaysia is still relatively small, but CEO of Ouch!, Shazy Noorazman, believes that more players will emerge as the digital Takaful opportunity is hard to ignore. Shazy discusses the prospects and pain points of the industry in this episode with Vineeta Tan. 

The role of credit ratings in voluntary carbon markets

November 08, 2023 03:00 - 18 minutes - 12.6 MB

Ratings play a significant role in the voluntary carbon market space.  Marlena Kareem, the editor of ISFI, speaks to Ronan Carr, the chief research officer at BeZero Carbon, about the role of ratings in the carbon market, its recent issuance of the world’s first pre-issuance rating for a carbon project as well as the mispricing of carbon credits.

Blueprint for Protecting the Future: Islamic Sustainable and Social Investing

October 24, 2023 14:00 - 36 minutes - 25 MB

What steps are necessary to ensure Islamic sustainable investors are offered a common definition of climate risk standards in ASEAN? What is driving innovation of Islamic sustainable and social finance and investment products, and are we successfully creating products which satisfy both Shariah and ESG requirements? How do systematic tilts in portfolio allocation resulting from Shariah screens influence ESG integration in the development of Shariah-screened ESG funds? What is the role of the...

Keynote Interview: Moving from Halal to the Ideal of Tayyib

October 24, 2023 14:00 - 23 minutes - 16 MB

Interviewee: Azman Mokhtar, Chairman, Malaysia International Islamic Finance Centre Leadership Council Interviewer: Zainal Izlan Zainal Abidin, Former Deputy Chief Executive, Securities Commission Malaysia

How Innovation is Driving the Funding of Green and Sustainable Activities

October 24, 2023 14:00 - 1 hour - 42.1 MB

Do currently available taxonomies adequately address sector-specific transition concerns and what are salient additions to later versions? Assessing disclosure requirements and developing an effective climate change curriculum for financial institutions How are governments and exchanges enabling the trading of carbon credits, and what are the objectives and benefits of such initiatives? Defining the role of the financial sector in facilitating an effective energy transition in conjunctio...

Deploying Transition Finance and Sustainability-Linked Products in a Climate Risk-sensitive Environment

October 24, 2023 14:00 - 1 hour - 53.5 MB

What is driving the shift toward transition and sustainability-linked bonds and Sukuk issuance, and how do we maintain this momentum? What options do the deployment of sustainability-linked financing structures offer issuers, and are they properly understood? How do we better identify viable underlying assets for transition and sustainability-linked issuance, while also verifying the actual uses of proceeds? What role does transition and sustainability-linked finance play in the development ...

Presentation: Markets and Sectors Driving Growth and Leading Innovation in Islamic Sustainable Finance

October 24, 2023 13:00 - 14 minutes - 9.93 MB

Marlena Kareem, Editor, Islamic Sustainable Finance & Investment, REDmoney Group

Ensuring an Effective, Innovative and Equitable Transition to Low Carbon: Policy, Regulation and Innovation

October 24, 2023 06:00 - 1 hour - 42.9 MB

What does a successful strategic roadmap for advancing transition look like? Are current policies and actions sufficiently aligned with climate risk? Are the various climate taxonomies conflicting or complementary, and how do we offer a clear and consistent message? Are tax and operational cost incentives for companies and issuers sufficient, and are current regulatory frameworks encouraging product and market innovation? Finally, how do we effectively position and market Islamic sustainable...

ISFI Forum 2023: Keynote Address

October 24, 2023 04:00 - 16 minutes - 11.2 MB

Keynote Address Dr Awang Adek Hussin, Executive Chairman, Securities Commission Malaysia

Creating wealth in the UK Muslim community

October 24, 2023 04:00 - 14 minutes - 10.3 MB

UK-headquartered Autarky Sukuk's latest offering serves investors looking for a Shariah compliant investment based on real estate in the UK. Co-founders Shoaib Bux and Yasin Patel speak to IFN's Nessreen Tamano about the challenges and opportunities in the market.

Center of Excellence: Malaysia as a Center for Innovative Islamic Financial Markets and Structured Finance Products

October 10, 2023 10:00 - 56 minutes - 39 MB

How does Malaysia fully leverage on its reputation as an international center for innovative Shariah compliant transactions and structured finance products? What is the potential for Islamic syndicated finance — distribution and the development of regional secondary markets? Do additional Tier 1 Sukuk still offer Islamic financial institutions the most flexible and efficient way of satisfying regulatory capital requirements? How do we ensure issuances continue to feature Islamic tranches, an...

Key Strategic Economic Drivers in Southeast Asia: The Islamic Economy and the Islamic Financial Services Industry

October 10, 2023 10:00 - 1 hour - 44 MB

Malaysia’s top-down and ‘Islamic first’ strategy has been highly successful as Islamic financial services continue to flourish. What strategies at a governmental, regulatory and institutional level will maintain this success? Does the Islamic financial services sector face a structural imbalance, and how does this impact Islamic financial institutions? What do digital transformation strategies mean for the sector, and what is the ongoing influence of value-based intermediation? Where does Is...

IFN Asia Forum 2023: Keynote Address

October 10, 2023 10:00 - 11 minutes - 7.65 MB

Adnan Zaylani Mohamad Zahid, Deputy Governor, Bank Negara Malaysia

Positioning Malaysia as a Leader in Ethical and Shariah Compliant Asset and Investment Management

October 10, 2023 10:00 - 1 hour - 41.4 MB

Does Malaysia still enjoy a competitive advantage in the facilitation of ethically and socially responsible investment management? What strategic steps should be taken to grow Shariah compliant assets under management domestically? How do we assess the growing influence and potential offered by Waqf-featured funds such as REITs and ETFs? What is the continuing role of technology in the development of Shariah compliant investment management solutions, and is the sector successfully democratiz...

Alternative Funding, Digital Marketplace Financing and the Development of Digital Assets

October 10, 2023 10:00 - 58 minutes - 40.4 MB

With significant growth being seen in new and alternative funding activities, Malaysia has an opportunity to create a competitive advantage. What does enhanced access for new Shariah compliant P2P and ECF operators and solutions mean for the digital finance marketplace, and what opportunities are available to retail investors? What sectors are prime beneficiaries for such investment and how do we ensure new sources of financing flow to the vital SME sector? What is on offer from private equi...

Innovation in Oman's Sukuk and Islamic finance markets

October 09, 2023 04:00 - 18 minutes - 12.6 MB

The past few years have seen some landmark deals and transactions in the Omani Islamic finance and Sukuk markets, and this trend can be expected to continue, Asad Qayyum, a managing partner at MAQ Legal, tells IFN's Nessreen Tamano in this podcast episode.

IFN Oman Forum 2023 - Keynote Address

October 06, 2023 03:00 - 9 minutes - 6.65 MB

Ahmed Ali Al Maamari, Executive Vice-President, Capital Market Authority, Sultanate of Oman

Oman’s Opportunity in Alternative Finance: Shariah Compliant Marketplace Financing and Digital Initiatives

October 06, 2023 02:00 - 1 hour - 43.2 MB

Evaluating opportunities for crowdfunding in Oman, with nine current providers and potential amendments to crowdfunding legislation. Unique to Oman: new opportunities for private equity and venture capital players in the crowdfunding ecosystem. Implications and reach of the proposed new digital and virtual assets regulatory framework. Building a digital marketplace and ecosystem: tokenization, ICOs, regulation and Shariah principles. Potential developments for standalone Islamic digital...

Islamic Sustainable Finance and Investment Dialogue

October 06, 2023 02:00 - 42 minutes - 29.1 MB

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, ac...

Supporting Oman's Islamic fintech and Sukuk markets

October 03, 2023 03:00 - 23 minutes - 16.1 MB

The Capital Market Authority of Oman is working on new and updated regulations for virtual assets and the bond and Sukuk markets of the Sultanate, advisor Kemal Rizadi Arbi tells IFN's Nessreen Tamano in this episode. 

Building Oman as a Regional Centre for Islamic Structured Finance and Capital Markets

October 02, 2023 03:00 - 51 minutes - 35.6 MB

The reach and implications of new regulations for the issuance of bonds and Sukuk on products and markets. Discussing the potential issuance of a treasury Sukuk and how it would benefit the Omani Islamic capital market. Examining the Towell Infrastructure Projects syndicated Wakalah, and what the structure means for the Islamic finance market in Oman. Developing the Islamic equity capital market in Oman, and capitalizing on recent domestic IPO activity. How will new bond and Sukuk regul...

Case Study Pearl REIF - Oman's Largest Shariah compliant Real Estate Investment Fund

October 02, 2023 02:00 - 15 minutes - 10.4 MB

Kumail Ali Moosa, Senior Specialist, Fund and Portfolio Management, Sohar International Bank

Driving the Development of Shariah Compliant Direct Investment and Fund & Asset Management in Oman

October 02, 2023 02:00 - 44 minutes - 30.7 MB

Building on the success of Shariah compliant real estate investment funds and trusts domiciled in Oman, as well as direct investment into real estate assets in the Sultanate. Opportunities for regional Shariah compliant funds domiciled in Oman: equity, Sukuk and private equity funds. Private equity and venture capital investment — framework enhancements, cross-border and foreign direct investment opportunities. Changes to fund regulatory frameworks resulting from the executive regulation...

Omani Islamic Financial Services: A Successful Strategy for Building Momentum

October 02, 2023 01:00 - 58 minutes - 40.4 MB

Reviewing the 10-year journey of formalized Islamic finance in Oman and navigating the coming years through the strategic development of the Omani Islamic financial services ecosystem. The role of Islamic finance in the development of the private sector in Oman. Key market developments: remunerative deposit accounts, a potential treasury Sukuk and the introduction of Wakalah money market liquidity management tools. Key regulatory issues: the treatment of Islamic banks after mergers with ...

Positioning the UK as a Leader in Ethical and Shariah Compliant Asset and Investment Management

October 01, 2023 23:00 - 25 minutes - 17.8 MB

Does the UK still enjoy a competitive advantage in the facilitation of ethically and socially responsible investment management? Where and how do faith-based investment solutions play a role in today’s UK market? What are recent innovations in Islamic investment products based on assets such as gold, and what potential do such innovations offer? What is the continuing role of Shariah compliant fintech in the development of investment management solutions? How will the development of fully Sh...

The Next Step: The Strategic Development of Islamic Social and Sustainable Finance

October 01, 2023 23:00 - 1 hour - 46 MB

The nexus of UK Islamic finance and the path to COP28 — what role should the UK government and financial institutions be playing? How do we further encourage UK Islamic financial institutions to develop Shariah compliant social and sustainable products, including mortgages? Adopting climate risk ratings and external review — what more can companies and financial institutions do to measure climate risk, while developing credible strategies to mitigate such risks? What is UK Islamic finance’s ...

The SC's approach to developing sustainable finance regulations in Malaysia

September 18, 2023 06:00 - 19 minutes - 13.7 MB

The sustainable finance space is beginning to mature with new regulations being introduced. Marlena Kareem from ISFI speaks to Salmah Bee Mohd Mydin, the executive director of market development responsible for sustainability from the Securities Commission Malaysia (SC), about the SC’s role in the development and implementation of sustainability regulations in Malaysia. 

Blueprint for the Future: An Ecosystem for the Successful Development and Distribution of Islamic Financial Services

September 13, 2023 07:00 - 54 minutes - 37.2 MB

How will the design, development and distribution of digital Islamic financial services continue to evolve in the near term? How important are regulatory frameworks in creating an environment for the enhancement of the financial services sector’s digital infrastructure? How can digital Islamic financial offerings be effectively scaled, and how is technology helping deliver financial products to underserved and untapped segments such as the young, SMEs and B2B markets? Finally, is a new, tech...

Bespoke Tailoring in the UK — Developing Innovative Islamic Structured Finance Solutions

September 13, 2023 06:00 - 49 minutes - 34.3 MB

The UK achieved several firsts, including the first Sukuk issuance backed by an export credit agency. What was the legacy of this transaction for UK Islamic financial services? How can the UK fully leverage on its reputation for innovative structured financial products and services and cement its position as an arranging center for international Shariah compliant transactions? Assessing the potential for Shariah compliant securitization in the UK market — identifying suitable underlying asse...

Shariah Compliant Direct Investment, Real Estate, Private Equity and Alternative Assets — Cross-Border Opportunities

September 13, 2023 06:00 - 49 minutes - 34.2 MB

The UK as an investment destination for Shariah compliant direct investment – an update of active sectors and activities. What is the continued role and scale of Shariah compliant real estate assets in the UK? How do we position the UK as a center for originating alternative asset classes, and what opportunities are on offer? Structuring co-investments between domestic UK investors with international Shariah compliant investors — the potential for real estate and direct investment transactio...

Islamic mortgage financing in Saudi Arabia

September 12, 2023 04:00 - 25 minutes - 17.4 MB

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. 

UK Islamic Finance’s Comparative Advantage — Developing Financial Architecture to Ensure Continued Competitiveness

September 12, 2023 04:00 - 51 minutes - 35.7 MB

How do we collectively ensure the continued development of UK financial architecture as a platform for the creation and support of new Islamic financial services and Halal economy-focused businesses? How does the UK build on its competitiveness as a global Islamic finance hub and a center for regulatory and legislative developments for Islamic fintech? How can Islamic finance in the UK help develop public/private sector funding for SMEs, start-ups and early-stage businesses? How do we encour...

IFN UK Forum 2023 - Welcome Address

September 12, 2023 03:00 - 8 minutes - 5.64 MB

Welcome Address Alderman Vincent Keaveny, Representative of the Lord Mayor of the City of London

IFN UK Forum 2023 - Keynote Address

September 12, 2023 03:00 - 1 minute - 1.39 MB

Keynote Address Lord Johnson, Minister of State, Department for Business and Trade

Tapping blue finance in emerging markets

September 06, 2023 05:00 - 30 minutes - 20.7 MB

Blue finance is making waves in the sustainable finance space. Marlena Kareem from ISFI speaks to Christina Ongoma, the manager of financial institutions group for upstream advisory services at the World Bank Group's private sector development arm, the International Finance Corporation (IFC), about how the IFC develops blue and thematic Sukuk in emerging markets.

The GCC outperforming the rest of the world

August 31, 2023 05:00 - 26 minutes - 18.1 MB

In the aftermath of a global pandemic and the ongoing war in Ukraine, most of the world is bracing for a global recession; but the GCC had been remarkably resilient throughout the COVID-19 pandemic. How are current macroeconomic conditions impacting the region’s investment landscape?  Vineeta Tan speaks to Akber Khan, the acting CEO of Al Rayan Investments in Doha, to understand what is happening in the region and what Islamic finance opportunities are emerging.

The equity crowdfunding scene in Malaysia

August 22, 2023 01:00 - 22 minutes - 15.8 MB

In 2022, after 10 years of being established, Malaysian digital platform for investing and fundraising pitchIN received approval from the Securities Commission Malaysia to list Shariah compliant companies on its platform. Sam Shafie, who is the CEO and Co-Founder of pitchIN, talks to IFN's Emir Zainul about his experience of managing a digital crowdfunding platform in Malaysia, their venture into Shariah compliant services and the firm’s future and beyond. 

How ChatGPT is reshaping the Islamic banking industry

August 17, 2023 09:00 - 26 minutes - 9.08 MB

The use of ChatGPT or generative AI has opened up seemingly limitless opportunities for the Islamic banking industry. Khaled Berjawi, Azentio Software's head of product management of banking and capital markets, shares how the technology is reshaping the sector and weighs on the advantages as well as drawbacks. 

The upcoming launch of the Bursa Carbon Exchange trading platform and the Malaysian compliance carbon market

August 08, 2023 06:00 - 30 minutes - 20.6 MB

Bursa Malaysia launched the Bursa Carbon Exchange (BCX) last year as the world's first Shariah compliant carbon exchange. Marlena from ISFI speaks to Dr Chen Wei-nee, the head of carbon market at Bursa Malaysia, about the upcoming launch of BCX trading platform and the Malaysian compliance carbon market.

Carbon offsets to persevere in Islamic finance

July 30, 2023 10:00 - 17 minutes - 12 MB

Carbon offsets are going through a confidence crisis, but APICORP's managing director of corporate banking, Nicolas Thevenot, tells Vineeta Tan that he believes the asset class is here to stay, and Islamic finance will play an important role in this growth story. 

Shariah compliant capital for tech start-ups in MENA

July 25, 2023 09:00 - 12 minutes - 8.49 MB

Dunya Bashiti, the co-found and CEO of Capifly, talks to IFN's Nessreen Tamano about offering Islamic non-dilutive capital to tech start-ups in Jordan and plans to expand into the MENA region, starting with Saudi Arabia.

The challenges of developing Malaysia-generated carbon credit projects

July 18, 2023 07:00 - 24 minutes - 16.8 MB

Malaysian infrastructure conglomerate YTL Corporation has been on Bursa Malaysia’s industry working group for the development of the Bursa Carbon Exchange since 2020. It is also an active carbon credit project developer in Southeast Asia.  Marlena Kareem from ISFI speaks with Ralph Dixon, the executive director of sustainability at YTL and CEO of YTL-SV Carbon, about the development of the Malaysian VCM space, the challenges that the changing regulatory environment poses as well as the oppo...