IFSB   Home | Contact IFSB | Sitemap
Events & Activities
 

Calendar of Events

IFSB programmes to facilitate the development of the Islamic financial services industry     

  Event Detail

Category:IFSB-FIS Workshop
Name:[EVE00211] IFSB FIS-Workshop Series and Supervisors Forum
Description:

To enhance the awareness of the IFSB Standards, since 2007 the IFSB organises a series of initiatives called Facilitating Implementation of the IFSB Standards (FIS) Workshops.

These IFSB-FIS Workshops are designed specifically for the Banking sector and attended by 49 participants from 7 countries. Participants ranged from regulatory and supervisory authorities, to market players. The Workshops have successfully covered the following topics:

IFSB-1: Guiding Principles of Risk Management

IFSB-3: Corporate Governance

IFSB-10:Sharî’ah Governance System

Subsequent to these Workshops, the IFSB organised a Supervisors Forum, specifically for supervisors to discuss the IFSB Standard on Supervisory Review Process (IFSB-5) as well as share experiences on its implementation.

The Workshops and Forum addressed practical issues that participants are likely to encounter in implementing the IFSB Standards and Guiding Principles, these Workshops were hosted by the Central Bank of Oman

REGISTRATION IS CLOSED FOR THIS EVENT

Start Date:30/09/2013 End Date:03/10/2013
Venue Name:Crowne Plaza Hotel Muscat
City:Muscat
Country:OMAN
Event Website: -
Registration:

  Event Snapshots


  Programme - Event Session(s)

Date Time Topics
Day 1
30/09/2013

FIS WORKSHOPS - DAY 1

09:00 - 09:30 Registration
09:30 - 10:00 Opening Session: Opening Remarks by the IFSB and the Central Bank of Oman
10:00 - 10:15 Coffee Break
10:15 - 11:15
Introduction to Islamic Finance
  • Concept and Contracts in Islamic Finance
  • Specificities of Islamic Finance
  • Introduction to Islamic Banking Operations
  • Products of Islamic Banking
  • 11:15 - 11:30 Coffee Break
    11:30 - 13:00
    Guiding Principles of Risk Management for IIFS
  • IFSB-1 – Focus on Market Risk
  • IFSB-1 – Focus on Liquidity Risk
  • IFSB-1 – Focus on Rate of Return Risk
  • Case Studies and Group Discussions
  • 13:00 - 14:00 Lunch & Prayers
    14:00 - 16:00
    IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)
  • Credit Risk & Supervisory Perspective
  • Equity Investment Risk & Supervisory Perspective
  • Operational Risk & Supervisory Perspective
  • Market Risk & Supervisory Perspective
  • Liquidity Risk & Supervisory Perspective
  • Rate of Return Risk & Supervisory Perspective
  • 16:00 - 16:15 Coffee Break
    Day 2
    01/10/2013

    FIS WORKSHOPS - DAY 2

    09:30 - 11:15
    Case Studies and Experience Sharing
  • Case Studies on Risk Management
  • Sharing Experiences on Risk Management Practices in the IFSB Member Countries
  • 11:15 - 11:30 Coffee Break
    11:30 - 13:00
    Services (Excluding Islamic Insurance (Takaful) Institutions and Islamic Mutual Funds
  • Overview of IFSB-3 Guiding Principle on Corporate Governance
  • An Overview of IFSB-3: Guiding Principles on Corporate Governance for Institutions Offering Only Islamic Financial
  • Scope of the IFSB-3
  • Approach of the IFSB-3
  • Recommended Best Practices on Corporate Governance for the IIFS
  • General Governance Approach of IIFS
  • 13:00 - 14:00 Lunch and Prayers
    14:00 - 16:00
    Recommended Best Practices on Corporate Governance for the IIFS (Cont’d).
  • Rights of Investment Account Holders (IAH)
  • Compliance with Shari’ah Rules and Principles
  • Transparency and Financial Reporting in Respect of IAH
  • Case Studies and Group Discussion
  • 16:00 - 16:15 Coffee Break
    Day 3
    02/10/2013

    FIS WORKSHOPS - DAY 3

    09:30 - 11:15
    An Overview of IFSB-10: Guiding Principles on Shari’ah Governance Systems for Institutions Offering Islamic Financial Services
  • Overview of Shari’ah Governance Systems
  • General Approach to Shari’ah Governance Systems
  • 11:15 - 11:30 Coffee Break
    11:30 - 13:00
    Recommendations of IFSB-10:
  • Criteria for Sound Shari’ah Governance Systems
  • Case Studies and Group Discussion
  • 13:00 - 13:30 Closing ceremony
    13:30 - 14:40 Lunch and Prayers
    Day 4
    03/10/2013

    SUPERVISORS FORUM

    08:00 - 08:30 Registration
    08:30 - 08:45 Opening Session: Opening Remarks by the IFSB
    08:45 - 10:15
    Overview of the IFSB Standard on Supervisory Review Process
  • Infrastructure for Effective Supervision
  • Regulatory Capital Requirements
  • Treatment of IAH
  • Capital adequacy, Risk Management and Corporate Governance
  • 10:15 - 10:30 Coffee Break
    10:30 - 12:00
  • Related Party Transactions
  • Transparency and Market Discipline
  • Consolidated and Home-host Supervision
  • Window Operations
  • Supervisory Issues in Real Estate Investments
  • Supervisory Issues in Islamic Windows
  • 12:00 - 12:30 Coffee Break & Prayers
    13:15 - 14:15
    Experience sharing session
  • Experience sharing by the IFSB members
  • Case study
  • Disclaimer: Please be advised that the above mentioned agenda points are tentative and that the IFSB reserves the right to make any necessary amendments/changes to the programme without prior notification.

      Downloadable Document(s)

    *Note: Click Document Name to view/download document

    1.)  Event Session(s) - PDF Format



    Back to top^