Kazan Sukuk Conference 2015

DDCAP (DIFC) Limited Director, Cassim Docrat attended the Kazan Sukuk Conference that took place at the Mirage hotel, Kazan on the 9th of April, 2015. Organisers and sponsors of the conference included Vneshprombank, Tatneft, Baker & Mckenzie, IBFD Fund and IFC Linova.

Following an opening speech by Alexei Pesoshin , First Deputy Prime Minister of the Republic of Tatarstan a signing ceremony between the Government of Tajikistan and the Malaysian-Russian consortium with participation of the Prime Minister of Tatarstan took place.

The conference started with the first session titled “Growth and regulation of Sukuk. International Experience”. Cassim was invited to speak on Market Development of Sukuk.

Other speakers included Baydaulet Yerlan , Senior Advisor, Ministry of Investment and Development, Kazakhstan, Chairman of the Association of Islamic finance,  Reed Al Ansari, senior analyst of Islamic Capital Markets, Thomson Reuters, Dr. Mohamed Damak , Director – Islamic Financial Ratings – Financial Services Standard & Poor’s, Tyurhan Ali Abdul Manap , Chief Economist / Researcher, IDB Group, Arsalan Ahmed , Head of finance, Barwa Bank, Naila Yalalova , Head of Islamic Finance, Development Fund IBP, Engin Benli , Executive Director, IFC “Linova”

The second session of the conference featured specific reference to Kazan with various speakers  speaking on the problems and perspectives of Sukuk in Russia and CIS. The speakers included Victor Chetverikov, General Director, National Rating Agency, Yerlan A. Baidaulet, Senior Adviser, Ministry of investments and development, Kazakhstan, Chairman, Islamic Finance Development Association, Roustam Vakhitov, Managing partner, International Tax Associates B.V., Nailya Yalalova, Head of Islamic finance, IBFD Fund, Engin Benli, Financial director, IFC Linova, Lenar Salimov, PhD, Professor, Institute of Economics, Management and Law.

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