Thursday, 14 November 2024

Background:

As part of Dubai Arbitration Week, the International Islamic Centre for Reconciliation and Arbitration (IICRA) is hosting a seminar on "The Legal Landscape of Sukuk and Arbitration for Settling Its Disputes". Sukuk, or Islamic bonds, represent a rapidly growing segment in global Islamic finance, but they bring unique legal and Shari’ah-compliance challenges. This seminar aims to address the evolving legal frameworks surrounding Sukuk and explore how arbitration can effectively resolve disputes within Islamic finance.

Objective:

This seminar will convene key legal and financial experts to discuss the dynamic legal landscape of Sukuk, focusing on the latest AAOIFI standards and the challenges in ensuring Shari’ah compliance. It will also address common pitfalls in the application of Sukuk and examine how institutions like IICRA can facilitate efficient dispute resolution through arbitration.

Topics:

- Navigating the Evolving Legal Framework of Sukuk
- Shari’ah Compliance in Sukuk: Insights on the Latest AAOIFI Standard
- Pitfalls in Application of Sukuk in Islamic Finance
- Leveraging IICRA for Effective Resolution of Sukuk Disputes

Participants:

- Islamic finance experts
- Legal professionals specializing in Sukuk and Islamic finance
- Shari’ah advisors and scholars
- Arbitrators and dispute resolution practitioners

Speakers:

• Mr. Suhail Zubairi (Moderator, Senior Advisor – Islamic Finance, Department of Economy & Tourism, Dubai)
• Mr. Osama Ishaq Al Haj, Secretary & Head of Legal Affairs, Dubai Islamic Bank
• Mr. Hani Abbas Helmi, Head of Sharia Review, Dubai Islamic Bank
• Dr. Rami Sulaiman Abudaqqa, General Secretary & Arbitrator, IICRA
• Mr. Ammar Ahmad, CEO, Dar Al Sharia
• Dr. Suzanne Munir Abdullah, Independent Arbitrator & Partner, OGH Legal

Venue:

Millennium Plaza Downtown Hotel, Dubai, UAE