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Islamic Financial Intelligence Summit 2013 Finance for Industry . Badlisyah Abdul Ghani Chief Executive Officer CIMB Islamic . 11 November 2013 . What type of investments are Islamic Financing good for in any industry?. A question of Credit, Viability and Bankability .
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Islamic Financial Intelligence Summit 2013 Finance for Industry Badlisyah Abdul Ghani Chief Executive Officer CIMB Islamic 11 November 2013
What type of investments are Islamic Financing good for in any industry? • A question of Credit, Viability and Bankability What industry and who is eligible for Islamic Financing? • Whatever industry so long as undertaking permitted activities • Anyone and everyone! • …taking into account credit worthiness, viability and bankability
Some of the financing needs of selected industries… Transportation sector, including aviation and shipping Oil & Gas Sector • Exploration expenses • Funds to develop deposits • Downstream modernisation • New aircraft purchases • (including to refleet with more efficient aircraft, as fuel represents a third of operating costs for most airlines) • Financing of second hand fleet • Growth of leased aircraft • Construction of vessels • Acquisition of vessels • Leasing of vessels Commercial and Residential Property Sector • Project costs (including land acquisition and build costs) • Long term property finance • Short term development finance • Bridging facilities Pharmaceuticals Sector • Research & Development • Manufacturing facilities • New technology and automation • Equipment acquisition • M&A Energy Sector • Power plant construction and acquisitions • Energy infrastructure • Renewable/alternative energy projects
Each industry participants are run by people with different background looking for different things in their financial dealing…
Stakeholder’s expectation for Islamic Finance influences how it serves any industry needs… Maqasid al shariahmeans in whatever we do we must serve the interests of all human beings and to save them from harm. This influences how each stakeholder’s expectations are articulated and propagated…
The reality of Islamic Financing and how it fulfills industry needs… • The intermediation between the haves and have-nots in all customer segments fulfilling their financial needs consistent with Shariah. It works in the same way as conventional finance from a commercial perspective across all activities.
Some of the types of services Islamic Finance can offer different industries… Products offered according to needs of client e.g. working capital, importing of items, purchase of equipment, etc.
Contact Details Please direct all queries to: Badlisyah Abdul Ghani Executive Director, Chief Executive Officer CIMB Islamic Bank badlisyah.abdulghani@cimb.com Website : www.cimbislamic.com Email : badlisyah.abdulghani@cimb.com Phone : +60326191077 Thank You