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  • Washington DC 20433

Wednesday-Thursday, May 21-22, 2025

Day One – Wednesday, May 21, 2025
Location: The World Bank HQ
Theme: Exploring Innovations and Opportunities in Islamic Finance
Time Program Details
8:30 am – 9.00 am Registration (online) Participants claim welcome pack distribution and get ready for the opening ceremony

Posters will be displayed from day 1 to day 2
9:00 am – 9.30 am Opening Ceremony

Report from Organizing Committee: Mr. Arif Mustofa, President of IMAAM (Indonesian Muslim Association in America)

Welcoming Speech: Dr. Wempi Saputra, Executive Director of The South East Asia Voting Group, The World Bank Group
Qur’an Recitation
National Anthems
Welcome by IMAAM and The World Bank Representatives
9.30 am – 10.00 am Keynote Speech – Sri Mulyani Indrawati, Minister of Finance, Ministry of Finance Republic of Indonesia* “Innovative Pathways for Sustainable Islamic Finance Development”
10:00 am – 10:15 am Coffee Break Refreshments, networking, and photo session
10:15 am – 12:00 am CEOs’ Talk I: Innovations in Islamic Economics and Finance

Moderator: Dr. Mohamad Al-Arief, Head of External Affairs for the World Bank’s Infrastructure Practice Group

Speakers:
1. Tan Sri Dr. Mohd. Daud Bakar, Chairman of Amanie Group and Shariah Expert, “Shariah Compliance in Global Markets”*

2. Hery Gunardi, Executive Director of Bank Syariah Indonesia, “Digital Innovations in Islamic Banking and Finance”*

3. Arief Mulyadi, President Director, PT Permodalan Nasional Madani (PNM), “The Future of Islamic Microfinance”*

4. Bashar Qasem, CSAA -Founder and CEO of Azzad Asset Management, “Islamic Asset Management Potential in the USA”*

Q&A Session (15 minutes)
Speakers discuss innovation, digital tools, and trends
12:00 am – 12:30 pm Lunch Break and Networking Buffet lunch and informal discussions
12:30 pm – 2:00 pm Rectors’ Talk I: Enhancing Islamic Finance Curriculum Development with Internationalization

Moderator: Prof. Murniati Mukhlisin, Founder, Sakinah Finance/Former Rector of Tazkia University
Speakers:
1. Tan Sri Zeti Akhtar Azis, Co-chair, Board of Governors of Asia School of Business/Former Governor, Central Bank of Malaysia, “Integrating Digital Tools in Islamic Finance Curriculum”*
2. Dr. Main Alqudah, President of Guidance College, “Shariah Issues in Islamic Economics and Finance; Theories and Practice in the USA”*
3. Prof. Dr. Achmad Nurmandi, M.Sc., Rector of Muhammadiyah Yogyakarta, “Cross-Border Collaboration in Islamic Economics and Finance Research Programs”*
4. Prof. Didik J. Rachbini, Rector of Paramadina University/Founder of INDEF, “The Role of Universities in Shaping Islamic Economics and Finance Regulations”*
5. Prof. Dr. K.H. Hamid Fahmy Zarkasyi, M.A.Ed., M.Phil, Rector, University of Darussalam Gontor, “Integration of Knowledge in Islamic Economics and Finance Curriculum”*
Q&A Session (15 minutes)
Presentations on digital tools, collaboration, and reforms
2:00 pm – 2.15 pm Coffee Break Refreshments and networking
2.15 pm – 3.45 pm Session 1: Research Paper Presentations
Theme: Cutting-edge research in Islamic Finance
Moderator:

Dr. Ahmed Alwani, Vice President of IIIT Head Quarter
Presenters (Group A)
Presenter 1 –
Presenter 2 –
Presenter 3 –
Presenter 4 –
Q&A Session (15 minutes)
4 research papers presented on social finance and risk management
3:45 pm – 4:45 pm Session 2: Research Paper Presentations
Theme: Cutting-edge research in Islamic Finance

Moderator:

Dr. Haryadi, Senior Advisor to Executive Director of The South East Asia Voting Group, The World Bank Group
Presenters (Group B)
Presenter 1 –
Presenter 2 –
Presenter 3 –
Q&A Session (15 minutes)
3 research papers presented on halal industry practices

There will be parallel sessions if required
4.45 pm – 5.00 pm Closing Remarks for Day One Summary and Announcements for Day Two
7:00 pm – 9:00 pm Networking Dinner* Sponsor
     
     
Day Two – Thursday, May 22, 2025
Location: The World Bank HQ
Theme: Industrial Best Practices of Halal Industry Research and Innovations
Time Program Details
8:30 am – 9:00 am Arrival and Networking Informal networking before sessions begin
9:00 am – 9.30 am Keynote Speech – Prof. Dr. Nasaruddin Umar, Minister of Religious Affairs, Ministry of Religious Affairs Republic of Indonesia* “The Role of Faith in Halal Industry Advancement”
9:30 am – 11:00 am CEOs’ Talk II: Case Studies of Successful Halal Industry Projects

Moderator
: Dr. Wahyu Agung Nugroho, Chief of the Bank Indonesia Representative Office in New York*
Speakers:
1. Sandiaga Uno, CEO Saratoga Investama/Minister of Tourism and Creative Economy 2020-2024, “Muslim Friendly Tourism Potentials in The World”*
2. Salman Subakat, Director of Paragon Corp., “Halal Lifestyle in Digitalization Era”*
3. Yaqub Mirza, Founder of Sterling Management, “Islamic Social Finance Potential in the USA”*
4. Kal Elsayed, President and CEO of Guidance Residential, “Halal Mortgage in the USA”*
5. Achmad K. Permana, President Director of PT. Allianz Life Syariah, “The Urgency of Islamic Insurance as a Part of Halal Lifestyle”*

Q&A Session (15 minutes)
Presentations on successful halal projects and partnerships
11:00 am – 11:15 am Coffee Break Refreshments, networking, and photo session
11:15 am – 12:45 pm Regulators’ Talk: Policy Frameworks Supporting Halal Industry Research

Moderator
: Mr. Ida Bagus Made Bimantara, Deputy Chief of Mission (DCM), Embassy of the Republic of Indonesia in Washington D.C
Speakers:
1. Mr. Phitakkumpon Aziz, Sheikhul Islam of Thailand/President of the Central Islamic Council of Thailand (CICOT), “Regulatory Developments in the Global Halal Market”*

2. Mr. Ahmad Haikal Hasan, Chairman of the Halal Product Assurance Organizing Agency (BPJPH) Republic of Indonesia “Harmonizing Global Halal Standards”*

3. Dr. Deden Firman Hendarsyah, Executive Director of the Islamic Banking Department, Financial Services Authority “Policy Approaches to Support Digital Halal Startups”*

4. Dr. Imam Hartono, Executive Director, Department of Islamic Economics and Finance, Bank Indonesia, “Challenges in Cross Border Islamic Finance Transactions”*

5. U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), “Government and Private Sector Synergies in Halal Innovation”*

Q&A Session (15 minutes)
Discussions on policy development and market standards
12:45 pm – 1:45 pm Lunch Break and Networking Buffet lunch and informal discussions
1:45 pm – 4:00 pm Rectors’ Talk II: Mutual Recognition of Islamic Finance Programs

Moderator
: Prof. Dr. Asna Husin, Professor of Philosophy of Education and Islamic Civilization, Ar-Raniry State Islamic University Darussalam in Banda Aceh/Catholic University of America, Washington DC
Speakers:
1. Prof. Dr. Mohammad Kabir Hassan, Professor of Finance at the University of New Orleans “University Challenges in Promoting Islamic Economics and Finance in the Global World”*
2. Prof. Dr. Ir. Achmad Jazidie, M.Eng. Rector of Universitas Nahdlatul Ulama Surabaya (Unusa)- “Building Capacity through Faculty Exchange Programs”*
3. Prof. Dr. Muhammad Syafii Antonio, M.Ec, Founder of Tazkia University – “Case Study: Islamic Economic and Finance Education Reform”⁠*⁠⁠⁠⁠
4. Dr. Hylmun Izhar, Senior Research Economist, IsDB Institute, “Research Innovation in IsDB Member Countries”*
5. Prof. Scheherazade S. Rehman, GW Deans Professorial Fellow of International Finance, “Research on Islamic Economics and Finance; Future Trends”*
Q&A Session (15 minutes)
Presentations on standardization and collaboration
4:00 pm – 4:15 pm Coffee Break Refreshments and
networking
4:15 pm – 5:00 pm MOU Signing between institutions and universities

Closing Ceremony and Awards
Best Paper Award, Best Poster Award, and closing remarks

*to be confirmed