Ethical Finance: Merging Profit & Purpose

Convened by

Hosted by

Strategic Partner

“This September join the ethical finance movement and build a more equitable and inclusive financial sector.”

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The Opportunity

The global ethical finance industry constitutes approximately USD 22.89 trillion worth of assets under management, an increase of 25% from 2014. However, this is seen in institutions and assets within developed markets.


Ethical finance is on track to developing its global value proposition. However, catalyzing the wider adoption requires concerted efforts to build meaningful dialogue between the two main areas of ethical finance: one segment that integrates environmental, social and governance (ESG) factors, and Islamic finance which is expected to rise from USD 2 trillion to USD 3.5 trillion by 2021.


There is a unique opportunity for ethical finance players in developed markets to connect with the Islamic/faith-based financial sector which enjoys a strong foothold in Muslim-majority emerging markets.

The Vision

The Global Ethical Finance Forum is an initiative of Middle East Global Advisors and the UKIFC, two leading institutions spearheading the agenda of sustainable and inclusive economy and of building connections with the broader ethical finance industry. The forum was a response to the growing interest in collaboration and convergence between stakeholders across the entire ethical finance universe only a mere few years after the Global Financial Crisis of 2008-9 demonstrated the need to reconsider the role of ethics in finance.


The global ethical finance industry constitutes approximately USD 22.89 trillion worth of assets under management, an increase of 25% from 2014. However, this is seen institutions and assets within developed markets. Ethical finance is on track to developing its global value proposition. However, catalyzing the wider adoption requires concerted efforts to build meaningful dialogue between the two main areas of ethical finance: one segment that integrates environmental, social and governance (ESG) factors, and Islamic finance which is expected to rise from USD 2 trillion to USD 3.5 trillion by 2021. There is a unique opportunity for ethical finance players in developed markets to connect with the Islamic/faith-based financial sector which enjoys a strong foothold in Muslim-majority emerging markets.


At its inaugural edition in September 2015, the vision ascribed to GEFF is to become a catalyst for a new, all-encompassing form of inclusive finance that connects key stakeholders from the various ethical finance sectors and facilitates previously untapped opportunities for convergence & collaboration.


GEFF 2017 endeavors to play a critical role in enabling stakeholders from the traditional responsible and Islamic finance sectors to forge and nurture new relationships aimed at building cooperation across sectors and geographies.

Dialogue across worlds (from Left to Right):

Humza Yousaf MSP, Minister for Europe & International Development of the Scottish Government, His Royal Highness Emir Muhammad Sanusi II, Emir of Kano, and Dr. Zeti Aktar Aziz, Governor of Bank Negara Malaysia, inaugurating the exhibition for GEFF 2015.

The Theme - Ethical Finance: Merging Profit & Purpose

The theme for GEFF 2017 - “Ethical Finance: Merging Profit & Purpose”, reflects the spirit of convergence and collaboration across the responsible finance universe, as well as a call for a more inclusive financial sector, one that inspired the inaugural forum back in September 2015.


GEFF 2015 was historic for inaugurating a dialogue where one did not exist before—between Socially Responsible Investing (SRI), Environmental, Social and Governance (ESG), and Islamic/faith-based Finance. Whilst these 3 segments share the same values-based approach, they are separated by boundaries of geography, perception and methodology.


Political developments in the US, UK and Europe have sparked domestic debates about the forces of globalization and protectionism, with ultimate roots found in financial deregulation that has been occurred since the 1990s and well into and past the Global Financial Crisis of 2008-09. As traditional ESG investors broaden their scope geographically (which in some places requires providing a Shariah-compliant offering), adopt things like the leverage-limiting ‘prudence’ screens from Islamic finance and as Islamic finance adopts positive screening, there is much work to be done to marry the ethical underpinnings of responsible finance with profit motivations.


GEFF 2017 will build on developments in responsible finance since September 2015 and forge a roadmap for the future trajectory of ethical finance.

Watch Highlights from the inaugural GEFF




Our Confirmed Speakers at the Global Ethical Finance Forum 2017 will comprise:

  • Keith Brown MSP

    Cabinet Secretary for the Economy, Jobs and Fair Work, Scottish Government

  • Nigel Kershaw

    Chairman, The Big Issue Group

  • Kirsty Britz

    Director of Sustainable Banking, Royal Bank of Scotland

  • Peter Webster

    Director of International Affairs, Vigeo Eiris CEO, EIRIS Foundation

  • Nurlan Kussainov

    CEO, Astana International Financial Centre (AIFC) Authority

  • Hilde Jervan

    Chief Advisor, Council on Ethics for the Norwegian Government Pension Fund

  • Iain Richards

    Head of Responsible Investment, Columbia Threadneedle Investments

  • Cindy Rose

    Head of Responsible Investing, Aberdeen Asset Management PLC

  • Leon Kamhi

    Head of Responsibility, Hermes Investments

  • Ryan Smith

    Head of Corporate Governance & SRI, Kames Capital

  • Amanda Young

    Head of Responsible Investment, Standard Life Investments

  • Hassan Al Jabri

    CEO,Sedco Capital Chairman, Sedco Capital Luxembourg

  • Ugo Biggeri

    Chair of the Board of directors of Banca Etica

  • Scott McClurg

    Head of Energy & Sustainability, HSBC Commercial Banking

  • Rafe Haneef

    Executive Director / Chief Executive Officer, CIMB Islamic Bank Berhad

  • Lisa Beauvilain

    Head of Sustainability & ESG, Director, Impax Asset Management Group PLC

  • Martina Macpherson

    Global Head of Sustainability Indices, S&P Dow Jones

  • Simon Howard

    Chief Executive, UKSIF

  • Tomás Carruthers

    CEO, Social Stock Exchange (SSX)

  • Rob Lake

    Independent Responsible Investment Advisor & Executive Coach

  • Heather McGregor

    Executive Dean, Edinburgh Business School, Heriot-Watt University

  • Mark Hepworth

    Co-Founder & Director, The Good Economy

  • Susanne Linhardt

    Client Portfolio Manager, RobecoSAM AG

  • Robert Irvine Mochrie

    Associate Professor, Heriot-Watt University

  • Shaykh Ruzwan Mohammed

    Renowned scholar & theologian

  • Stuart Hutton

    Chief Investment Officer, Simply Ethical

  • Alastair Davis

    Chief Executive, Social Investment Scotland

  • Geoffrey Burnand

    Chief Executive, Investing For Good

  • Kerrie Waring

    Executive Director, International Corporate Governance Network

  • Anna Laycock

    Executive Director, Finance Innovation Lab

  • Justin Skyes

    Founder & Managing Director, Innovest Advisory

  • Charles Munn

    Banker & business historian

  • Mohamed Damak

    Global Head of Islamic Finance, S&P Global Ratings

  • Lim Say Cheong

    Executive Vice President, Tawreeq Holdings

  • Yasser Saud Dahlawi

    CEO, Shariyah Review Bureau

  • Mike Clark

    Founder Director, Ario Advisory

  • Iqbal Asaria

    Associate, Afkar Consulting

  • Lord Mohamed Sheikh

    Baron Sheikh of Cornhill

  • Omar Shaikh

    Advisory Board Member, Islamic Finance Council UK (UKIFC)

  • Graham Burnside

    Chairman, Islamic Finance Council UK (UKIFC)

  • Sami Hamdi

    Editor-in-Chief, The International Interest

  • Lillian Georgopoulou

    Fixed Income Manager, Capital Markets, London Stock Exchange

  • Nadia Laine

    Vice President, ESG Products, MSCI

  • Tanya Barman

    Associate Director, Ethics - Association of International Certified Professional Accountants

  • Tom Cummings

    Founder, Leading Ventures

  • Dawood Ashraf PhD CFA

    Senior Researcher - Islamic Finance, Islamic Research and Training Institute

  • Monem Salam

    Director, Saturna Capital, President, Saturna Sdn. Bhd

  • Modupe Ladipo

    Senior Advisor, UKIFC

  • Anthony Hobley

    CEO, Carbon Tracker Initiative

  • Zainal Izlan Zainal Abidin

    Managing Director, Securities Commission Malaysia

  • Richard de Belder

    Partner, International Law Firm Dentons

  • Rob Hayward

    Director, Sustainability Strategy, Accenture

  • David Testa

    Executive Director, DDCAP

Our Host: The Scottish Government

The forum will take place under the patronage of the Scottish Government.
There are a host of reasons why Scotland is the ideal destination for hosting the historic talks across ethical finance divides:
01

Strong heritage in ethical finance dating back to the development of savings banks by Rev. Henry Duncan and the creation of financial institutions such as Scottish Widows

02

The development of the mutual assurance industry, in which Scottish firms were amongst the early pioneers with this model being used as the blueprint for the early Islamic banking attempts in the 1960s

Notable recent developments in Scotland include:

  •   The launch of the Scottish Ethical Finance Hub (SEFH) to aid SMEs seeking ethical financing
  •   The active role of the Commissioner for Ethical Standards in Public Life and the Scottish Goldsmith Trust in encouraging sustainability
  •    Glasgow-based UKIFC winning the Ethical Finance Innovation and Challenge Award in the UAE
  •   The launch of the world’s first interfaith joint financial services initiative between Muslims and Christians
  •    Al Rayan Bank opening its first Scottish office

OBJECTIVES

Provide a platform for dialogue between the key stakeholders in the various subsets of the industry

Help in strengthening the industry as a whole and support its effort towards becoming mainstream

Creation of common guidelines, standards and principles for facilitating products that appeal to the broader responsible finance industry

Make the responsible finance industry more cohesive by bringing together the various subsets of the industry

Explore and identify the opportunities locked in convergence and collaboration within the industry

Promote the benefits of responsible finance to policy makers, asset managers and owners, other financial institutions and the general public

Facilitate the transfer of the best practices from the developed markets & highlight the growth opportunities in the emerging markets for responsible finance

Highlight the latest research and initiatives in responsible finance industry

Support joint research effforts between the various segments to facilitate crossovers

Key Features

Bespoke Content

The content is crafted by a panel of leading experts in the industry aided by quality research on the industry's most pressing issues.

Impressive Line-up of Speakers

The forum will gather dignitaries, policy makers, practitioners, global though leaders and academia from across the world providing a truly global experience.

Interactive Experience

Unique features such as Live Voting on key issues and the interactive Web Connect App aim to provide a truly immersive experience for participants.

Thought Leadership

Partnering with world leading research firms, the forum helps in providing fresh perspectives and thought leadership to the industry.

Stakeholder Engagement

The forum has secured the patronage of the Scottish Government as the official host of the forum which will help in supporting the ethical finance industry.

Civic Reception

The forum will conclude with a reception hosted by the Scottish Government at the historic and famed Edinburgh Castle.

Who is Attending?

Notable speakers at Global Ethical Finance Forum 2015 included:

Speaker
His Royal Highness Emir Muhammad Sanusi II
Emir of Kano
Speaker
Keith Brown, MSP
Cabinet Secretary for Infrastructure, Investment & Cities
Scottish Government
Speaker
Humza Yousaf
Minister for Europe and International Development
Scottish Government
Speaker
Lord Mohamed Sheikh
Baron Sheikh of Cornhill
Speaker
Jaseem Ahmed
Secretary General
Islamic Financial Services Board (IFSB)
Speaker
Dr. Zeti Akhtar Aziz
Former Governor
Bank Negara Malaysia
Speaker
Peter Webster
Chief Executive Officer
EIRIS
Speaker
Ted Roosevelt Malloch
Professor and Senior Fellow in Management Practice
University of Oxford

News

News 08August
View Riveting Insights from the Inaugural Edition of GEFF!

If you missed out on attending the first edition, we’ve got it ALL covered!

Read more
News 02August
Distinguished Speaker Lineup and Host of Topical Issues await you at GEFF 2017!

With the 2nd Global Ethical Finance Forum slated to kick-start in 6 weeks, download our conference brochure right away to learn about all the important details ahead of the event.

Read more

Our Partners at the Global Ethical Finance Forum

Prudent Ethical Investment Partner

Silver Partner


Lanyard Partner


Associate Partners

Supporting Partners


Middle East Media Partner


Research Media Partner

Industry News Provider

Media Partners

Accommodation

Located a short distance away from the conference venue, the accommodation options listed below suit a wide array of budgets and needs.
Avail exclusive booking rates at the options listed below!

Dalmahoy Hotel & Country Club

Impressively situated in 1,000 acres of parkland lies the four-star Dalmahoy Hotel & Country Club. With spectacular views to Edinburgh Castle and the Forth Bridges, it’s a celebration of Scottish heritage.

With 215 rooms and suites, contemporary meeting and events spaces and a range of restaurants and bars, our historic resort also features two 18-hole golf courses, luxurious leisure facilities and a state-of-the-art fitness centre.

It’s hard to believe Dalmahoy lies just 20 minutes from Edinburgh and 10 minutes from Edinburgh Airport. It enjoys excellent transport links by air, road and rail, while offering a luxury retreat at a Scottish resort.

PRICING:  Single Occupancy GBP 129 and Double Occupancy GBP 139


Book Now

Novotel Edinburgh Centre

The 4-star Novotel Edinburgh Centre hotel is located in central Edinburgh, close to the Royal Mile, Princes Street and near to Edinburgh Castle.

Each of the 180 guest rooms has free Wi-Fi and satellite TV. Enjoy the indoor heated pool or work out in the fitness room.

Afterwards relax in our Restaurant or The Tap Music Lounge with contemporary cuisine and drinks.

PRICING:  Single Occupancy GBP 140 and Double Occupancy GBP 160


Book Now

Mercure Edinburgh Princes Street

The Mercure Edinburgh City - Princes Street Hotel is ideally located in the city centre at a few minutes’ walk from the Edinburgh Airport Shuttle bus, and only 7 minutes walking distance from Edinburgh Waverley railway station. Popular tourist spots like Edinburgh Castle, George Street boutiques, National Galleries, Museums, and the lively Grassmarket nightspots are all within easy walking distance from the hotel.

All bedrooms feature a flat-screen TV and complimentary high speed WiFi.

The Restaurant serves all one would expect to find in a traditional Scottish restaurant, as well as international dishes.

PRICING:  Single Occupancy GBP 135 and Double Occupancy GBP 145


Book Now

Marriott Edinburgh

The Marriott located in the city centre of Edinburgh welcomes extended-stay guests and families on holiday with a perfect combination of style and convenience.

Relax in one of our spacious, intuitively designed hotel suites, which offer separate living and sleeping areas; our larger accommodation features a full kitchen, so you can prepare home-cooked meals during your Edinburgh visit.

Finally, we know you'll be thrilled with our downtown location; the University of Edinburgh is steps away, and Princes Street is in walking distance. Scotland's capital city awaits - book your visit to the Residence Inn Edinburgh today.

PRICING:  Single Occupancy GBP 179 and Double Occupancy GBP 189


Book Now

Venue

Got enquiries about the conference?
Please drop us a line

For Sponsorship and Exhibition Enquiries:
  partnerships@meglobaladvisors.com

For Marketing and Media Enquiries:
Aanchal Dhawan
  aanchal@meglobaladvisors.com

For Visa Support Enquiries:
Priya Golmei
  priya@meglobaladvisors.com

For Delegate Enquiries:
Regel Aloria
  regel@meglobaladvisors.com

For Speaker Enquiries:
Tanveer Ejaz
  tanveer@meglobaladvisors.com

The Global Ethical Finance Forum is an initiative of ME Global Advisors and the UKIFC, two leading institutions spearheading the agenda of sustainable and inclusive economy and of building connections with the broader ethical finance industry.