Wednesday-Thursday, May 21-22, 2025
Day One – Wednesday, May 21, 2025 Location: The World Bank HQ |
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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 |
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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