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8th Islamic Financial Services Board Summit – Enhancing Global Financial Stability : Challenges and Opportunities for Islamic Finance
May 12, 2011 @ 9:00 AM – May 13, 2011 @ 5:00 PM

| Date | Time | Topics |
|---|---|---|
| Day 1 10/05/2011 | DAY 1- PRE-SUMMIT EVENT 2011 : WORKSHOP ON ISLAMIC FINANCE & IFSB STANDARDS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES AND ISLAMIC CAPITAL MARKETS – REGISTRATION FOR THE WORKSHOP IS CLOSED – | |
| 09:00 – 09:30 | Venue : Chamber of Commerce Registration | |
| 09:30 – 09:45 | Opening Remarks by the IFSB | |
| 09:45 – 10:30 | Session 1: Concept and Contracts of Islamic Finance | |
| 10:30 – 10:45 | Coffee Break | |
| 10:45 – 11:45 | Session 2a: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services – An Overview | |
| 11:45 – 12:45 | Session 2b: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services – Case Studies | |
| 12:45 – 14:00 | Lunch | |
| 14:00 – 15:15 | Concurrent Session 1- (participant to choose between these two Sessions) Session 3a : Standard on Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments – An Overview Session 3b : Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments – Case Studies | |
| 15:15 – 15:45 | Coffee Break | |
| 15:45 – 17:00 | Concurrent Session 2 – (participant to choose between these two Sessions) Session 4a : Guiding Principles on Governance for Islamic Collective Investment Schemes – An Overview Session 4b : Guiding Principles on Governance for Islamic Collective Investment Schemes – Case Studies | |
| Day 2 11/05/2011 | DAY 2 – PRE-SUMMIT EVENT 2011 : COUNTRY SHOWCASES & SPECIAL SESSION ON LIQUIDITY MANAGEMENT IN THE ISLAMIC FINANCIAL SERVICES INDUSTRY – REGISTRATION FOR ALL PRE-SUMMIT EVENTS ON 11 MAY ARE CLOSED – | |
| 09:30 – 11:00 | Venue : Chamber of Commerce Luxembourg Country Showcase | |
| 11:00 – 14:00 | Malaysia Country Showcase | |
| 14:00 – 16:30 | Special Session on Liquidity Management in the Islamic Financial Services Industry Registration Session 1 – Liquidity Management in the Islamic Financial Services Industry – Challenges and Opportunities Session 2 – Establishment of the International Islamic Liquidity Management Corporation Session 3 – Panel Discussion on Key Components for Structuring International Liquidity Instruments: Sharī`ah, Legal, Rating, Trading, Clearing and Settlement | |
| 16:30 – 17:30 | Summit Welcome Cocktail (hosted by the Banque Centrale du Luxembourg) & Summit Pre-Registration | |
| Day 3 12/05/2011 | DAY 1 – 8TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – ENHANCING GLOBAL FINANCIAL STABILITY: CHALLENGES AND OPPORTUNITIES FOR ISLAMIC FINANCE | |
| 08:30 – 09:30 | Venue : New Conference Centre Kirchberg (NCCK), Luxembourg Registration | |
| 09:30 – 10:30 | Opening and Keynote Session | |
| 10:30 – 11:00 | Coffee and Networking | |
| 11:00 – 12:30 | Session 1: International Developments in Regulatory Landscape: Implications for Islamic Finance Implications for Banking-Basel III and IFSB standards Implications for Insurance-Solvency II and IFSB standards Implications for Capital Markets | |
| 12:30 – 14:00 | Lunch and Prayer | |
| 14:00 – 15:30 | Session 2 : Financial Stability – Regional and Global Cooperation Cooperation in home-host supervision Cooperation in developing legal infrastructure for capital market instruments The role of multi-lateral organisations | |
| 15:30 – 16:00 | Coffee and Networking | |
| 16:00 – 17:30 | Session 3 : Developing Capacity Building to Enhance Financial Stability in the Islamic Financial Services Industry Capacity building in the financial sector including strategies for strengthening financial institutions, to ensure that; a) the financial sector supports the real economic sector; b) financial inclusion is extensive; c) the framework for development of financial restructuring and resolution is in place; and d) implementation and execution of financial sector reforms. Organisational development to enhance capacity for financial stability mandate in the areas of surveillance, supervision, enforcement of standards; and expertise and talent development. | |
| 19:00 – 21:30 | Venue : Sofitel Luxembourg Europe Hotel Summit Gala Dinner & Keynote Address | |
| Day 4 13/05/2011 | DAY 2 – 8TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – ENHANCING GLOBAL FINANCIAL STABILITY: CHALLENGES AND OPPORTUNITIES FOR ISLAMIC FINANCE | |
| 00:00 – 00:00 | Venue : New Conference Centre Kirchberg (NCCK), Luxembourg | |
| 09:30 – 11:00 | Session 4: Enhancing Transparency & Market Discipline and Information Environment Role of rating agencies Enhancing disclosure Lack of market discipline and its consequences | |
| 11:00 – 11:30 | Coffee and Networking Break | |
| 11:30 – 13:00 | Session 5 : Panel Discussion on Issues in Enhancing Global Financial Stability Issue 1: liquidity management infrastructure Issue 2: insolvency regimes Issue 3: safety-nets | |
| 13:00 – 14:30 | Lunch and Prayer END OF 8TH IFSB SUMMIT 2011 | |