Workshop on Islamic Economics and Finance 2011 PROGRAMME
DAY 1 : 6th December 2011 (Tuesday) 8.00 am - 8.45 am : Registration
8.45 am - 9.00 am : Doa recitation
WELCOMING SPEECH
By Assoc. Prof. Dr. Aisyah Abdul Rahman (Chairman of WIEF 2011)
9.30 am -10.30 am : KEYNOTE ADDRESS:
CASE STUDIES IN ISLAMIC ECONOMICS AND FINANCE By YBhg. Prof. Dato’ Dr. Muhamad Muda
(Vice Chancellor of Universiti Sains Islam Malaysia)
10.30 am - 10.45 am : Morning break
10.45 am – 12.15pm : SESSION I: ISLAMIC ECONOMICS AND FINANCE Session Chair: Dr. Mohd Azlan Shah Zaidi (FEP UKM) Discussant: Assoc. Prof. Dr. Noreha Halid (UKM-GSB)
Paper 1: Are We Getting a Bang for the Buck?
By Siti Nurazira Mohd Daud, Nursilah Ahmad & Zurina Kefeli Presenter: Dr. Siti Nurazira Mohd Daud (USIM)
Paper 2: Implementation of Gold Dinar: Is It Feasible?
By Siti Zaiton Mohd Dali & Aisyah Abdul Rahman Presenter: Ms. Siti Zaiton Mohd Dali (UKM)
Paper 3: Seeking Sukuk
By Nursilah Ahmad, Siti Nurazira Mohd Daud & Zurina Kefeli Presenter: Dr. Nursilah Ahmad (USIM)
Paper 4: Tracoma’s Bay’ Bithaman Ajil Sukuk:
Does Default Matter?
By Mohd Hafizuddin Syah Bangaan Abdullah, Hafizi Ab Majid, Shahida Shahimi & Mohd Badrul Hakimi Mohd Daud
Presenter: Mr. Mohd. Hafizuddin Syah Bangaan Abdullah (UKM)
Paper 5: Sukuk Musyarakah Cagamas MBS Berhad: Asset-Backed or Asset-Based??
By Bayu Taufiq Possumah & Nurfaradila Haron Presenter: Mr. Bayu Taufiq Possumah (UKM)
Paper 6: What Does A Comprehensive Health Takaful Cover?
By Zurina Kefeli, Siti Nurazira Mohd Daud & Nursilah Ahmad Presenter: Mdm. Zurina Kefli@Zulkefli (USIM)
12.30 pm – 2.00 pm : Lunch & zuhr prayer
2.00 pm – 3.15 pm : SESSION II: ISLAMIC BANKING PRODUCTS AND SERVICES (PART 1) Session Chair: Dr. Suhaili Alma’amun (FEP UKM)
Discussant: Assoc. Prof. Dr. Mariani Abdul Majid (FEP UKM)
Paper 1: Al-Awfar BIMB
By Mohd. Umar Mohd. Marzuki & Aisyah Abdul Rahman Presenter: Mr. Mohd. Umar Mohd. Marzuki (UKM)
Paper 2: Mudarabah Financing: A Case Study in Melli Bank, Iran By Hamed Ahmadi, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Hamed Ahmadi
Paper 3: Musyarakah Financing: A Case Study in Mellat Bank, Iran By Behjat Tavajjohi, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Behjat Tavajjohi
Paper 4: Shariah Governance: A Case Study on Affin Islamic Bank Berhad By Noraini Che Ahmad, Shahida Shahimi & Abdul Ghafar Ismail
Presenter: Ms. Noraini Che Ahmad (UKM)
3.15 pm – 4.45 pm : SESSION III: ISLAMIC WEALTH MANAGEMENT, INVESTMENT AND WAQAF
Session Chair: Mr. Mohd Badrul Hakimi Daud (FEP UKM) Discussant: Dr. Ruzian Markom (FUU UKM)
Paper 1: Islamic Financial Planning Certificate (SPKI)
By Nur Ernie Amira Mohd Jamli, Siti Ainul Marziah Muhamad Foat &
Suhaili Alma’amun
Presenter: Ms. Nur Ernie Amira Mohd Jamli (UKM)
Paper 2: Amanah Saham Bumiputera (ASB) Investment:
Is It Shariah Compliance?
By Mohd Haiyazid bin Mohammad & Aisyah Abdul Rahman Presenter: Mr. Mohd Haiyazid Mohammad (UKM)
Paper 3: Managing Halal and Haram Investment Focus on Employees Provident Funds (EPFs) Malaysia
By Nurshuhaida Binti Abdul Razak & Aisyah Abdul Rahman Presenter: Ms. Nurshuhaida Binti Abdul Razak (UKM)
Paper 4: Badan Tanmiah Experiences in Managing Waqaf Property By Hjh. Rose Abdullah
Presenter: Mdm. Hjh. Rose Abdullah (UNISSA)
Paper 5: Tabung Wakaf Khas Kesihatan (TWKK) (Special Waqf Fund of Health)
By Mohd Umar Mohd Marzuki, Mohd Haiyazid bin Mohammad & Suhaili Al-Ma’amun
Presenter: Mr. Mohd Umar Mohd Marzuki
4.45 pm : Tea break and end of day one
DAY 2: 7th December 2011 (Wednesday)
9.00 am – 10.45 am : SESSION IV: ISLAMIC BANKING PRODUCTS AND SERVICES (PART 2) Session Chair: Ms. Raudha Md. Ramli (FEP UKM)
Discussant: YBhg. Prof. Dr. Abdul Ghafar Ismail (FEP UKM)
Paper 1: Islamic and Conventional Credit Cards: Case Study of CIMB Islamic Bank
By Farah Shazwani Ruzaiman, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Farah Shazwani Ruzaiman (UKM)
Paper 2: Issues In Commodity Murabahah: A Closer Look At Asian Finance Bank Berhad
By Nurizan Ahmad, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Nurizan Ahmad (UKM)
Paper 3: Commodity Murabahah in Islamic Bank: Issues and Possible Underlying Asset
By Huraizah Mat Hassan @ Mohd Hassan, Shahida Shahimi & Abdul Ghafar Ismail
Presenter: Ms. Huraizah Mat Hassan @ Mohd Hassan (UKM)
Paper 4: The Use of Ijarah to Finance Education:
Case of Bank Syariah Mandiri, Indonesia
By Alief Fadhliansyah, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Alief Fadhliansyah (UKM)
Paper 5: Financial Performance of Bank Muamalat Malaysia Berhad By Zarith Sofia Jasmi, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Zarith Sofia Jasmi (UKM)
Paper 6: Does Corporate Social Responsibility (CSR) Disclosure Necessary? A Case Study in Al-Rajhi Bank Berhad
By Nur Athirah Ngah, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Nur Athirah Ngah (UKM)
10.45 – 11.00 am : Morning break
11.00am – 12.45pm :
SESSION V: ISLAMIC BANKING PRODUCTS AND SERVICES (PART 3) Session Chair: Mr. Nik Mohd Azim Nik Ab. Malik (FEP UKM)
Discussant: Assoc. Prof. Dr. Aisyah Abdul Rahman (FEP UKM)
Paper 1: Shariah Supervisory Issues In Islamic Financial Institutions: A Case Study on OCBC Al-Amin Bank Berhad
By Shamsuddin Abdul Wahab, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Shamsuddin Abdul Wahab (UKM)
Paper 2: Issue of Shariah Compliance in Prize Giving:
Al-Awfar Deposit (Bank Islam Malaysia Berhad) vs. Sijil Simpanan Premium (Bank Simpanan Nasional)
By Muhammad Nor Azam Samah, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Muhammad Nor Azam Samah (UKM)
Paper 3: Issues in Implementing Al-Ijarah Thumma Al-Bai’ (AITAB): Case Study in HSBC Amanah Malaysia Berhad
By Norifah Nordin, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Norifah Nordin (UKM)
Paper 4: The Potentials of Musharakah Mutanaqisah Home Financing In Maybank Islamic Bank Berhad
By Saupi Rajali, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Saupi Rajali (UKM)
Paper 5: Does Principle of Gharar Exist in Bay’ Al-‘Inah Personal Financing? A Case Study of Alliance Islamic Bank Berhad By Saharah Sapiyi, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Saharah Sapiyi (UKM)
Paper 6: Qardul Hasan Financing: A Case Study on Public Islamic Bank Berhad
By Saiful Nazri A. Rahman, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Saiful Nazri A. Rahman (UKM)
12.45 pm – 2.00 pm : Lunch & zuhur prayer
2.00 pm – 3.15 pm : SESSION VI: ISLAMIC BANKING PRODUCTS AND SERVICES (PART 4) Session Chair: Mr. Bayu Taufiq Passumah (FEP UKM)
Discussant: Dr. Shahida Shahimi (FEP UKM)
Paper 1: Ar-Rahnu (Gold Deposit): Application in Saderat Bank, Iran By Mohammad Ali Hedayatfar, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Mohammad Ali Hedayatfar (UKM)
Paper 2: Islamic Bank Deposits: Is It Qard Al-Hasana Or Qard? Case Study in Saman Bank, Iran
By Behrooz Bakhshali, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mr. Behrooz Bakhshali (UKM)
Paper 3: Potential of Salam Financing by Standard Chartered Saadiq Bank
By Fatima Abdulkarim, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Mdm. Fatima Abdulkarim (UKM)
Paper 4: Bank Islam Malaysia Berhad:
Islamic Marketing Ethic in Islamic Product
By Mohd. Umar Mohd. Marzuki & Aisyah Abdul Rahman Presenter: Mr. Mohd. Umar Mohd. Marzuki (UKM)
3.15 pm – 4.30 pm : SESSION VII: RISK MANAGEMENT & MARKETING IN ISLAMIC BANKS Session Chair: Dr. Shahida Shahimi (FEP UKM)
Discussant: Mr. Mohd. Hafizuddin Syah Bangaan Abdullah (FEP UKM)
Paper 1: Market Risk in Islamic Banks: A Case Study of Kuwait Finance House (Malaysia) Berhad
By Radziatul Shima Mohd Shah, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Radziatul Shima Mohd Shah
Paper 2: Operational Risk in Bank Islam Malaysia Berhad By Siti Ainul Marziah Muhamat Foat & Aisyah Abdul Rahman Presenter: Ms. Siti Ainul Marziah Muhamat Foat (UKM)
Paper 3: Risk Management in Islamic Bank: Does Operational Risk Matter?
By Gunawan Baharuddin & Shahida Shahimi Presenter: Mr. Gunawan Baharuddin (UKM)
Paper 4: Hedging Against Capital Depreciation
By Raudha Md. Ramli, Shahida Shahimi & Abdul Ghafar Ismail Presenter: Ms. Raudha Md. Ramli (UKM)
4.30 pm – 4.45 pm : WORKSHOP RESOLUTION
by YBhg. Prof. Dr. Abdul Ghafar Ismail (Head of EKONIS-UKM)
4.45 pm – 5.00 pm : CLOSING CEREMONY
5.00 pm : Tea break and end of workshop.