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Structuring Corporate
Finance In the Islamic Business & Finance Awards 2008 conducted by CPI
Financial, First Global was a finalist in the categories Best Advisory
Services and Best Investment House along with prominent players like
Ernst & Young, McKenzie, and Unicorn Investment Bank
Our Vision
… to be a world-class multi-disciplined diversified group that brings in global
opportunities and best practices to the local markets”
Our Mission
… to emerge as a significant player in the Islamic finance industry, both in Asia and
Middle East, with a global mindset, whilst being ‘firm in reaching stakeholders
targets’ (first) and adding value to the community at large”
TODAY,
NO government,
NO regulator,
NO global or local financial institution,
Not even any market player,
can ignore the achievements and growth potentials of this rapidly growing
multi-trillion dollar Islamic banking and finance industry!
Muhammad Ikram Thowfeek
Founder , First Global
• PARTICIPATE IN OUR PERIODIC ’PROFESSIONAL SERIES PROGRAM’ IN ISLAMIC BANKING & FINANCE -
TO KEEP ABREAST WITH THE MARKET CHANGES & DEMANDS.
• Introduction
ISLAMIC BANKING & FINANCE - What’s in it for all of us
’given the experience of a worst global financial crisis’ • Role of Shari’ah
- beyond economic and financial benefits
THRUST OF THE PRESENTATION:
• Building a Business Model
Market is Shifting…
1. Introduction Global perspective, not regional anymore…
Business Focus – A multi-facet…
2. Market demand, shifting global players… Beyond Shari’ah compliance…
3. Impact of the financial crisis on the global Bringing Conventional best practices…
ICT Tools – the competitive edge…
market... Training, Education, Awareness…
- Islamic finance as a solution provider
• Profit Distribution Methodology
4. Boosting the Islamic finance industry • Shari’ah to Accounting
- the challenges ahead – A Murabaha Transaction (a common example)
• The challenge of Innovation today
5. Future Trends…
Also, can have • Conclusion
6. Conclusion. 1- Day Workshop
(with worked examples and
case studies) Muhammed Ikram Thowfeek
A start up specialist
Founder , First Global Group
Mainly because the definition of restructuring itself means the following to many
- Restructuring, often referred to as downsizing, delayering, involving reduction
of the company manpower, working or business unit or division, or reduction of
the positions level within the company’s organization structures. This reduction
of the company’s scale is needed to improve efficiency and effectiveness.
Restructuring strategies are used to find a way out for companies that do not
grow, get sick or there is a threat to the organization or the industry is at the
verge of significant change.
The owners generally make changes in the team, strategies changing, or the
introduction of a new technology in the company. To get it right, specialists are
sought after by the owners to ensure such changes are done with precision and
towards its success.
Today, Sukuk has become the ‘most promising asset class’ in the Islamic
investment banking and capital market circles and at First Global, we are advising
number of mega transactions both in the Middle East and Asia to source and
advise on the creation of a “new breed” of Shari’ah compliant financial and
investment products that compete in every respect with mainstream
conventional banking products and services.
The First Global Team has significant expertise in advising on the Islamic finance
structures, Sukuk in particular, and through its involvement in many regional
projects has a genuine understanding of any potential clients through proper
discussion and vetting of the project and the commitment to its success.
The First Global Islamic Finance Advisory Team combines many years of experience in
the corporate sector in the Middle East and brings together a powerful, and arguably
unique combination of the key skills required to maximise any viable fund raising
potential in terms of amount, cost, spread of investors and profile.
The First Global Team combines genuine corporate finance skills with in-depth market
knowledge of regional equity, debt and capital markets, and with strong links to leading
investment banks who have the structuring capability & placement power for both debt
and equity in Asian and Middle East region.
The First Global Team also can bring in other potential players at a later stage to provide
underwriting and distribution capabilities if required in the broader GCC and European
markets.
Mauritius Sri Lanka Bangladesh Malaysia Maldives Indonesia Qatar Bahrain India Pakistan
KEY CONTACT: Muhammed Ikram Thowfeek – Founder, Vice Chairman - First Global Group
Contact: +974 55873152 thowfeek@firstglobal-group.com
A ’START UP’ SPECIALIST Mr. Thowfeek, a Chartered Accountant by profession and an Islamic Banker by
practice. To date, he has gained a wealth of knowledge and experience, through his
diverse positions held in various organizations*, in auditing, management consultancy,
financial control, strategic planning & budgeting, Islamic banking & finance, Retail,
commercial and investment banking, Islamic capital and global Sukuk (Islamic Bonds)
markets, training and career development etc.,
He is a start up specialist and have set up number of IFIs in the region, both fully
fledged Islamic Banks and Independent branches of conventional banks, from
scratch.
He is an Associate Member of the Institute of Chartered Accountants (ACA) - Sri
Lanka, a Fellow of the Chartered Institute of Management Accountants (FCMA) - UK,
a Member of the Institute of Financial Consultants (MIFC) - USA, a Member of the
Chartered Institute of Securities and Investments (CISI) – UK and a Certified Islamic
Banker (CeIB).
‘A start up specialist’ *
Founder / Vice Chairman • Barwa Bank – Qatar
First Global Group • First Global Group – Sri Lanka
• Commercial Bank of Qatar (ALSAFA Islamic Banking)
• International Islamic Financial Market (IIFM)-Bahrain
• First Finance Company – Qatar
* •Abu Dhabi Islamic Bank – Abu Dhabi, UAE.
• First Islamic Investment Bank (Arcapita Bank)-Bahrain
• Kuwait Finance House – Kuwait
• Ernst & Young – Colombo, Sri Lanka
START UP SPECIALIST – SETTING UP EXPOSURE
QATAR
QATAR
BAHRAIN
KUWAIT
ABU DHABI - UAE
QATAR
BARWA BANK
SETTING UP
QATAR
BAHRAIN
Kuwait Finance
House (KFH)
SETTING UP
Major IT system
KUWAIT
KEY CONTACT: