Islamic Finance Conference 2019

The 5 Islamic Finance Conference Islamic Banking and Insurance in the Era of Digital Tansformation

Conference Program

December 1st 2019 / 4th Rabi' Al-Thani 1441 8:30

Registration and Coffee

9:00

National Anthem and Recitation of the Holy Qur’an

9:15

Conference Opening Speech by Dr. Samar Khan Dean of Effat College of Business - Effat University

9:30

Session 1: Ethics and Regulation of Digital Banking and Insurance Session Chair: Prof. Dat. Hasanuddeen Azeez, IIUM Malyaisa Paper 1. Abu Umar Faruq Ahmad, PhD, Muhammad Ayub, KAU, “Current Issues in Islamic Insurance Practice and the Way Forward”, KSA

Paper 2. Khamis Awadah Rashid Al-Shandoudi and Elsadig Musa Ahmed “Banks Customers’ Behaviour Intention To adopt Internet Banking Services in Oman Determinants”, Oman Paper 3. Shahbaz Alam, Syed Ahmed Salman , Asad , Mahid Hassan, Lincoln University College, “Digitization of the Malaysian Takaful Industry; A Shariah perspective”, Malaysia Paper 4. Sahraman D. Hadji Latif, “Knowledge and Attitudes towards Islamic Banking in the Philippines”, Philippines 10:20

Paper 5. Amina Amirat and Wafa Alwafi, Jeddah University, “Does herding behavior exist in cryptocurrency market?”, KSA Paper 6. Azrul Azlan Iskandar Mirza, Nurul Aini Muhamed, Universiti Sains Islam Malaysia, “Islamic Insurtech “Islamic Insurtech Conceptual Framework: A Proposal”, Malaysia

10:30

Coffee Break

10:50

Conference Welcome Address by Dr. Malak Alnory Provost of Effat University

11:00

Keynote speech: Dr. Sami Al-Suwailem, Director General, IRTI

11:25

Keynote Speech: Dr. Saleh Malaika, Chairman of Alawwal Capital

12:00

Session-2-A: Blockchain, Cryptocurrency and Tokenization Session Chair: Prof. Saiful Azhar Rosly, INCEIF Paper 7: Muhammad Auwalu Haruna, Mustapha Abubakar, M. Kabir Hassan, Nuhu AbdulRahman, Ahmadu Bello University, “Precious Metal Backed Cryptocurrency Transactions: Islamic Finance Perspectives”, Nigeria Paper 8: Dr. Mohammad Ershadul, Dr. Auwal Adam Sa’ad, Zakariya Mustapha, Dr. Aishath Muneeza and Dr. Sherin Kunhibava, INCEIF, , “Blockchain Sukuk Regulation Via Regtech & Shariahtech”, Maldives

Paper 9: Dalila Boughaci and Abdullah A.K. Alkhawaldeh, LRIA-FEI- USTHB , “Merging Blockchain Technology and Machine Learning to promote Banking and Finance Sector”, Algeria Paper 10: Yahuza Salisu, Isah Shittu, Ahmad Ibrahim Muhammad , International Islamic University Malaysia, “Attitude, Subjective norm, Perceive behavioural control and Digital Sukuk Adoption The mediating effect of awareness”, Nigeria Paper 11: Ilinka Antova, Tahar Tayachi, Effat University “Managing foreign exchange risk and cryptocurrency risk in Islamic banks in the era of digitalisation economy and tokenization”, Bulgaria 12:50 13:00 - 14:00 12:00

Paper 12: . Abdullah M. Wali-Uddin, “Issues of Shari‘ah Compliant Products in an Interest-Based System”, KSA Prayer and Lunch Break Parallel Session - Session-2-B: FINTECH Innovation Session Chair: Dr. Dr Hussein Hilal, IRTI Paper 13: Hanan Almadani, “The compliance of sukuk with maqasid al sharia’a: a case study of the medium term note sukuk programme of the islamic development bank”, KSA Paper 14: Chokri Kooli, University of Ottawa, “A new model of productive Islamic Finance Mechanisms”, Canada Paper 15: Imran mehboob shaikh, University of Malaya, “Acceptance of Islamic Financial Technology (FinTech) banking services by Malaysian users: An Extension of Technology Acceptance Model”, Malaysia Paper 16: Tasneem Khalaf Al-Reshidi and Saiful Azhar Rosly, ,INCEIF, “From deposit-taking banks to investment-taking banks via investment account platform (iap): issues and challenges in mobilizing investment account funds via crowdfunding platform in malaysia”, Malaysia

12:50

Paper 17: Ali Polat University of Hail, “Cross Border Payments and its Relevance in Islamic Finance and Fintech: An Alternative Approach”, KSA

14:00

Session-3: Islamic wealth planning , Waqf and Corwdfunding Session Chair: Prof. Salman Syed Ali, IRTI Paper 18: Anwar Allah Pitchay, Mohd Najwadi Yusoff, Mohamed Asmy Mohd Thas Thaker, Al Amin Mydin, Hassanudin Mohd Thas Thaker and Ahmad Khaliq, International Islamic University Malaysia, “Rejuvenate waqf into cost saving method: proposing aap model”, Malaysia Paper 19: Assoc. Prof. Dr. Magda Ismail A. Mohsin, “Waqfintech for developing modern waqf cities”, Malaysia Paper 20: Samsad Jahan and Asma’ Tajul Arifin, INCEIF , “Endowment Digital Bank in Indonesia: A Way Forward In Implementing the Fundamental Axioms of Islamic Economy”, Malaysia

Paper 21: Dodik Siswantoro, Mohammad Soleh Nurzaman, Sri Nurhayati and Agus Munandar ,Abdul Ghafar Ismail, Nafsiah Mohamad, ICO-NIDA, “Factors Determining Zakat Rebate Preference (Zakat as Tax Deduction) in Malaysia”,Indonesia 14:50

Paper 22: Noor Shahalina Binti Jamaludin and Shaikh Hamzah Abdul Razak, INCEIF , “Cash-Waqf using Hibah instrument as a catalyst for Waqf advancement”, Malaysia.

15:00

Closing Ceremony Speach by Dr. Tahar Tayachi IFC 2019 Conference Chair, Effat College of Business - Effat University