IFSB – BIBF to Debut Its Inaugural Islamic Finance Executive Programme in October 2014

9 September 2014, Kuala Lumpur / Manama – The Islamic Financial Services Board (IFSB) and the Bahrain Institute of Banking and Finance (BIBF) are organising the debut of their joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series, themed, “Building Robust Risk Management Infrastructure: Growth Driver for Islamic Finance,” on 15 – 16 October 2014 in Manama, Bahrain.

This inaugural IFEP will see senior industry practitioners, regulators and academics sharing their thoughts on the management of a wide array of risks inherent in Islamic banking institutions. The participants of the IFEP will be able to appreciate the foundational framework of various aspects of risk management in Islamic banks and the impact of regulatory and market developments in a rapidly changing environment. During the two- day programme, participants will get a high level view on risk governance and Enterprise Risk Management as well as discuss the latest developments in the management of the unique aspects of risks faced by Islamic banks, such as Sharī`ah non-compliance, credit and liquidity risks.

Among the topics that will be presented in the IFSB-BIBF IFEP are:

• Enterprise Risk Management (ERM) Framework for Islamic Banks
• Credit Risk Management in Islamic Banking and Risk Mitigation Approaches
• Global Developments in Liquidity Management
• Risk Sharing: Enhancing Potentials and Confronting Issues
• Managing Sharī`ah Non-Compliance Risk
• Regulating Minimum Capital Requirements from Bail-out to Bail-in

The IFEP is ideal for Chief Executive Officers and Board Members of Islamic banks, and will benefit senior managers in risk management, Sharī`ah governance and compliance functions, as well as regulators and supervisors of Islamic banks, auditors, lawyers, academics and researchers working in this sector.

The IFSB and BIBF signed a Memorandum of Understanding (MoU) on 22 March 2012 marking a collaboration between the two institutions in providing relevant activities relating to the training and education of Islamic finance; building of awareness among the industry players through joint conferences, seminars and other events as well as developing capacity and skill buildings among Islamic finance practitioners.

For further information of IFEP, visit www.ifsb.org or www.bibf.org. Please contact Mr. Hamizi Hamzah at [email protected] or Mr. Alfatih Gessan at [email protected] for enquiries.