Union of the Arab Securities Authorities
Ijlal Ahmed Alvi
International Islamic Finance Market (IIFM)
Cedar Bridge Partners and Member of The MENA Private Equity Association Steering Committee
Dr. Fadi Khalaf
Arab Federation of Exchanges
HSBC Bank A.S
Mr. Tarif is currently the Secretary General of the Arab Union for Securities Commissions located in Dubai. Previously, from 1999 - 2012 he was the first Chief Executive Officer of Amman Stock Exchange.
Mr. Tarif started his career in the Central Bank of Jordan and held the positions of Executive Director and Deputy Director General in Amman Financial Market between 1992 and 1999, where he oversaw Jordan’s entire capital market. Through his role as Deputy Director General, Mr. Tarif assisted in writing the new securities law that implemented the three separate entities that make up Jordan’s Capital Market today.
Some of the roles Mr. Tarif has held during his career include: President, NSC-Unix user group, Atos-Euro Next Market Solutions; Chairman of IOSCO Self-Regulatory Organization Consultative Committee; Member, OECD Corporate Governance Working Group, MENA region; Chairman of FIAS. In addition, he spearheaded the team that established the Stock Exchange in Palestine. He also participated in meetings with the IMF, IBRD, IOSCO, WFE, FEAS, and UNCTAD.
Mr. Tarif's research record covers the following: Role of Capital Markets in Privatization; Transparency; Income Tax Treatment of Investment; Obstacles to Attract Foreign Investment; Legal Structure of Arab Stock Exchanges; External Debt and Economic Development; Foreign Exchange Control; Corporate Governance.
Mr. Alvi has over two decades of experience in the financial services industry, specifically in the areas of Capital & Money Market and Investment Banking.
He is Chief Executive of International Islamic Financial Market (IIFM) since 2005, where he has been instrumental in initiating standardization of Islamic Capital & Money Market’s Documentation, Products and related Processes. In order to enhance and bring unification in Islamic Finance and its legal system he has negotiated and successfully signed several Memorandums of Understanding (MOUs) with organizations such as IRTI-IDB, ISDA, ICMA, AIBIM etc.
Mr. Alvi manages a number of IIFM’s Global Working Groups focused towards developing unified Islamic Capital & Money Market documentation and product standards specifically on Islamic Hedging, Liquidity Management & Capital Market Instruments. He also manages IIFM workshops and specialized Capital & Money Market events.
Mr. Alvi is also involved in several working committees at international level such as the IFSI's 10 Year Framework and Islamic Financial Sector Development Working Group. Mr. Alvi is a regular contributor in the printed media where his contributions are focused on Islamic financial instruments, liquidity management, risk mitigation and innovation in Islamic Financial Services Industry as well as expert participation in events hosted by regulators such as Securities Commission Malaysia, Central Bank of Bahrain, Bank Indonesia, State Bank of Pakistan as well as other Islamic finance events such as WIBC, IFN Forum, Euromoney’s Islamic Summit etc.
Mr. Alvi has overseen the launch of the IFSI’s first global standardized documentation namely Murabaha and Agency documentation, ISDA/IIFM Tahawwut (Hedging) Master Agreement, Hedging Product Standards, Inter-Bank Unrestricted Investment Wakalah Standard etc,.
Mr. Alvi holds a Master’s in Finance from Golden Gate University, California, USA.
Mr. Ghandour is the Co-founder & Managing Director of CedarBridge, where he focuses on investing in growth companies in MENA region. He has more than 10 years experience in private equity and investments throughout the Middle East and China, and specializes in the educational and healthcare sectors.
Mr. Ghandour is currently a director in the board of Kids First Group, the region’s largest chain of nurseries, CIRA, the largest chain of schools in Egypt, and Tamkeen, private public partnership to train and employ Egyptians. Previously, he was a director in Maarif Education, the largest educational group in Saudi Arabia, TechnoScan, the largest chain of radiology centers in Middle East, and Advanced Laboratory Services, a reference lab in Saudi Arabia.
Mr. Ghandour is also a co-founder of the MENA Private Equity Association, and was awarded by Private Equity World the prestigious Private Equity MENA Merit Award for 2011.
Dr. Khalaf is the Secretary General of the Arab Federation of Exchanges (AFE), since September 2009.
In 1999, Dr. Khalaf served as the Chairman of the Beirut Stock Exchange, for the period of 10 years. Previously, from 1994 to 1999, he worked as a Financial Consultant in France.
Dr. Khalaf is mainly specialized in the Financial Markets field, and has conducted various research and publications. He participates in many regional and International conferences, on an academic and professional level in his field of expertise.
Mr. Horozoglu has recently joined HSBC Turkey as the Head of Global Capital Financing and Debt Finance. He has 14 years of experience in banking.
Prior to joining HSBC, he was Citigroup's Head of Corporate & Investment Banking for Saudi Arabia and Oman and previously he was Director of Citigroup's Global Islamic Banking, Syndications and Capital Markets business where he spent 6 years covering Middle East, Turkey, Africa, CIS and new markets; responsible for Islamic syndications, bonds and other structured financing transactions.
He closed the first Turkish Sukuk, the first Turkish sovereign Sukuk, the largest Islamic syndication in Turkey, the first Islamic aviation facility, the largest syndication in Middle East, the largest Sukuk globally, the first Islamic syndication in Russian Federation, the first Eurolira bond, the first Tier-II Sukuk and executed several other first-of-its kind and landmark capital market, syndication, project finance and quasi securitisation transactions. He originated and completed 100+ debt capital markets deals.