DAY TWO, THURS, 12 DEC 2019

08:30 - 09:00 : Business Networking Coffee Session

 

09:00 - 09:30 : Welcoming Remarks

 

Salina Nordin, Co-Chair of The Meeting of Minds Forum and Founder of Heritage Amanah International

 

Opening Statement

H.E. Dr. HC. Ir. H. Suharso Monoarfa, Minister of National Development Planning/Head of National Development Planning Agency (Badan Perencanaan Pembangunan Nasional/Bappenas), Republic of Indonesia

09:30 - 10:45 : Session V - What Islamic Finance and Banking Can Offer
 

Islamic Finance has been growing around the world and is well poised to challenge some of the established western practices in conventional banking. The system which has long historic roots is characterized by a “socialization of risk” between lender and borrower, and excludes the delinking of funding from the real economy of real investments and transactions. The strict adherence to the spirit and letter of Shariah law makes the financial system a backbone of the larger system of social solidarity (Takaful) that the Quran has described, whereby it recognizes private property and organizes the system of inheritance, insists on a wealth tax (Zakat) and encourages helping the poor and destitute (Sadaqat). This framework gives many insights upon which a rich array of financial instruments and transactions has been developed. So, what are the special strengths of Islamic Finance in meeting the challenges of this rapidly changing world?

 

Keynote Speaker : Dr. Ismail Serageldin, Chairman of The Meeting of Minds Forum, Emeritus Librarian of Alexandria and Former Vice President of the World Bank
 

Moderator : Assoc. Prof. Dr. Mohamed Eskandar Shah Mohd Rasid, Associate Dean School of Graduate and Professional Studies, International Center For Education in Islamic Finance (INCEIF) and World Bank Consultant on Islamic Finance (Financial Sector Specialist), Malaysia

Distinguished Panelists:

  1. Ventje Rahardjo, Executive Director, National Sharia Financial Commission (Komisi Nasional Keuangan Syariah/KNKS), Indonesia

  2. Dr. Anggito Abimanyu, Head of Executive Board of Indonesia Hajj Financial Management Agency (Badan Pengelola Keuangan Haji/BPKH), Indonesia

  3. Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank, UAE

  4. Abdullah Firman Wibowo, President Director of Bank Negara Indonesia (BNI) Syariah, Indonesia

11:00 - 12:15 : Session VI - Promoting Inclusion and Sustainability through Waqf Solutions

Islamic social finance tools have been instrumental in the alleviation of poverty and socio-economic development for over 1,400 years. Some of these instruments have been adopted and applied even outside the Islamic world. One instrument in particular – Waqf (endowment) – has been utilized even at the establishment of the Oxford University’s Merton College in 1264. Throughout Islamic history, Waqf was the main provider for many of the social services that today are financed by the state. These include the provisions of education and healthcare, infrastructure development and maintenance as well as social welfare provisions for the poor and destitute. Waqf institutions have also supported a more equitable distribution of income and wealth as wealthy individuals and families released property into the service of the people for ‘doing good’. Although a significant number of Waqf institutions exist globally, the success of these institutions relies on efficient governance, regulation, supervision mechanisms and effective management. Since most countries and regions do not have enabling Waqf regulations or monitoring processes, the value and output of Awqaf assets are mostly on the decline. The potential, however, is enormous.


Keynote Speaker : Prof. Dato' Dr. Mohd Azmi Omar, President & CEO of International Center For Education in Islamic Finance (INCEIF), Malaysia

 

Moderator: Friderica Widyasari Dewi, Former President Director of the Indonesia Central Securities Depository Services (Kustodian Sentral Efek Indonesia/KSEI), Indonesia

Distinguished Panelists:

  1. Prof. Amr Ezzat Salama, Former Minister of Higher Education, Scientific Research and Technology of Egypt Secretary General of Association of Arab Universities, Jordan

  2. Reza Mustafa, Islamic Banking Development Analyst for Financial Services Authority (Otoritas Jasa Keuangan/OJK) of Indonesia

  3. Dr. Mohammed Obaidullah, Lead Research Economist, The Islamic Research and Training Institute of the Islamic Development Bank (IsDB), Jeddah, Saudi Arabia

  4. Bobby P. Manullang, General Manager of Waqf Mobilization of Dompet Dhuafa, Indonesia

12:30 - 14:00 : Lunch and Prayer Break - Parallel Session - MeMinds MIDAS Champion Award 2019 (by invitation only)

14:00 - 15:15 : Session VII - Business, Venture Capital, STI to Empower Youth and Gender

The future belongs to those who will educate girls and empower women. But that also requires that women be able to integrate the system of innovation and production. Every country is proposing ways to advance Science, Technology and Innovation (STI) and of finding ways allowing those who have ideas to transform them into the start-ups that will grow the economy as they transform society. Yet most women are at a disadvantage in this domain, especially in the Middle East where they have a lower participation rate in the labor force than most other regions of the world. So, what can be done? What can be learned from studying Gender Economic Research and Policy Analysis (GERPA) and how can funding for such gender-balanced entrepreneurship be promoted?

Keynote Speaker : Nadereh Chamlou, Former Senior Advisor, The World Bank, Co-Founder of The Billion Dollar Fund for Women, USA

Moderator : Millie Stephanie Lukito, M.B.A., Founder & CEO of Mobiliari Group and Bureau Chief of Indonesia Tatler, Indonesia

Distinguished Panelists:

  1. Rudiantara, S.Stat., M.B.A., Former Minister of Technology and Informatics, Republic of Indonesia

  2. Datin Maznah Mahbob, Partner, Finance and Investments of Strategic Swiss Partners AG, Malaysia

  3. Diah Saminarsih, Senior Advisor for Gender & Youth of World Health Organization Geneva, Indonesia

  4. Muhammad Amsyar Faiz bin Arham, COO of OFO Global, Malaysia

15:30 - 16:00 : Business Networking Coffee Session & Prayer Break

 

16:00 - 17:15 : Session VIII - Towards Sustainable Policies for Forests, Agriculture and Food Security

Indonesia is rich in diversity, in forest and in the bounty of the sea. The interplay between agriculture and forests is important as deforestation has negative impacts in a number of ways. But also the production of enough food, of high nutritional content requires agricultural policies that deal with deploying the best of science, both ICT and the New biology, to promote precision agriculture. Precision farming using satellite imagery, and drones and hand-held devices to optimize management of small rain-fed farms that would use the most suitable seeds that can be developed. All this with a focus on helping the small-holder farmers in order to also support policies that aim at reducing poverty and hunger. And allow Indonesia to achieve the SDGs.

Keynote Speaker : Prof. Adel El Beltagy, Chair of the International Drylands Development Commission (IDDC) and Former Minister of Agriculture and Land Reclamation, Egypt

Moderator : Shoeb Kagda, Founder of Indonesia Economic Forum, Indonesia

 

Distinguished Panelists:

  1. Dr. Ir. Agung Hendriadi, M.Eng., Director General of Agency for Food Security, Ministry of Agriculture, Republic of Indonesia

  2. Christina Lim, Executive Director of Bumitama Agri Ltd., Singapore

  3. Shaanti Shamdasani, President of ASEAN International Advocacy, Indonesia

  4. Pamitra Wineka, Co-Founder of TaniHub, Indonesia

 

17.15 - 18.00 : Special Address

H.E. Dr. Syahrul Yasin Limpo, S.H., M.H., Minister of Agriculture of Republic of Indonesia

 

18:00 - 18:30 :

I. MeMinds MIDAS Champion Award 2019 Result Announcement

II. Concluding Remarks, Dr. Ismail Serageldin