IFSB-FIS Workshop Series (Sudan): IFSB-7, IFSB-15, GN-3, GN-4

This Workshop is hosted by the Central Bank of Sudan (CBoS).

This Workshop will cover the following IFSB Standards and Guiding Principles:

• IFSB-7: Capital Adequacy Requirements for Sukuk, Securitisations and Real Estate Investments

• IFSB-15: Revised Capital Adequacy Standard for Institutions offering Islamic Financial Services (other than Takaful Institutions and Islamic Collective Investment Schemes)

• GN-3: Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders

• GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio

Participation in the Workshop is by INVITATION only. For more information on these Workshops, please email to Mrs. Ida Shafinaz Ab. Malek at [email protected].

Programme – Event Session(s)

Date	Time	Topics
Day 1 18/02/2014	DAY 1: 18 FEBRUARY, TUESDAY
	09:00 – 09:30	Registration
	09:30 – 09:45	Opening Session Opening Speech by the IFSB Welcoming Speech by the CBoS
	09:45 – 11:15	Guidance Note on the Practice of Smoothing the Profit Payout to Investment Account Holders (GN-3) Features of Various of Smoothing Techniques Identified Industry Practices Issues Related to Smoothing Practices
	11:15 – 11:30	Coffee Break
	11:30 – 13:00	Prudential Issues for Sukuk Instruments (IFSB-7) Sukuk Structures Collateral Security Structures Risks in Securitisation Structures Operational Requirements Pertaining to Sukuk and Securitisations
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Prudential Issues for Sukuk Instruments (IFSB-7) Cont’d Credit Risk Mitigation for Securitisation Exposures Credit Enhancement for Shariah Compliant Securitisation Case Studies
	16:00 – 16:30	Coffee Break End of Day 1
Day 2 19/02/2014	DAY 2: 19 FEBRUARY, WEDNESDAY
	09:30 – 11:00	Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (GN-4) Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and DCR
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (GN-4) Measurement of Risk Sharing in PSIA The Determination of Alpha and Displaced Commercial Risk (DCR) Role of Supervisory Authority in Determination of Alpha and DCR
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (GN-4) An Algebraic Approach for Measuring DCR and Alpha Case Studies
	16:00 – 16:30	Coffee Break End of Day 2
Day 3 20/02/2014	DAY 3: 20 FEBRUARY, THURSDAY
	09:30 – 11:00	Introduction to Regulatory Capital (IFSB-15) Component of Capital Regulatory Adjustments and Deductions Time Frame for Adoption of the New Capital Requirements
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Special Session on Recent Developments in Capital Adequacy Framework (IFSB & Basel)
	13:00 – 14:00	Lunch and Prayers End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format