This IFSB-FIS Workshop is hosted by Bank Al-Maghrib, Morocco. This Workshop will address the following IFSB Standards and Guidance Note: IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at [email protected].
Programme – Event Session(s)
| Date | Time | Topics |
|---|---|---|
| Day 1 31/10/2011 |
WORKSHOP ON ISLAMIC FINANCE : CONCEPT, CONTRACT AND RISK IMPLICATIONS FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS)
WORKSHOP ON IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) |
|
| 09:00 – 09:30 | Registration | |
| 09:30 – 09:45 | Opening Session Mr. Abdelilah Belatik, Assistant Secretary-General, Islamic Financial Services Board Mr. Abderrahim Bouazza, Head of Banking Supervision Department, Bank Al Maghrib | |
| 09:45 – 11:00 | Session 1 : Islamic Finance: Concepts, Contracts, and Risk Implications on IIFS Concepts, Contracts and Application for: -Sale and Lease Based; -Equity-Based and -Sukuk and Islamic Collective Investment Schemes (ICIS) Risk Implications on IIFS | |
| 11:00 – 11:30 | Coffee Break | |
| 11:30 – 13:00 | Session 2 : IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Focus on Credit Risk -Focus on Equity Risk -Focus on Operational Risk | |
| 13:00 – 14:00 | Lunch & Prayer | |
| 14:00 – 16:00 | Session 3 : IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Focus on Market Risk -Focus on Liquidity Risk -Focus on Rate of Return Risk -Case Study 1 & Discussion : Failure of an IIFS-A: Risk Management Perspective | |
| Day 2 01/11/2011 |
WORKSHOP ON GN-2 : GUIDING NOTE IN CONNECTION WITH THE RISK MANAGEMENT AND CAPITAL ADEQUACY STANDARDS: COMMODITY MURABAHAH TRANSACTIONS
WORKSHOP ON IFSB-7 : CAPIRAL ADEQUACY REQUIREMENTS FOR SUKUK, SECURITISATION AND REAL ESTATE INVESTMENT |
|
| 09:30 – 11:00 | Session 4 : GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions -Case Study 1: Commodity Murâbahah Transactions and Failure of an IIFS | |
| 11:00 – 11:30 | Coffee Break | |
| 11:30 – 13:00 | Session 5 : IFSB-7: Capital Adequacy Requirements for Sukuk, Securitization and Real Estate Investment | |
| 13:00 – 14:00 | Lunch & Prayer | |
| 14:00 – 16:00 | Session 6 : IFSB-7: Capital Adequacy Requirements for Sukuk, Securitization and Real Estate Investment (cont.) Case Studies & Discussion | |
| Day 3 02/11/2011 |
WORKSHOP ON IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS OD INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS)
OPEN SESSION ON PRUDENTIAL AND REGULATORY FRAMEWORK FOR ISLAMIC FINANCE |
|
| 09:30 – 11:00 | Session 7 : Prudential and Regulatory Framework for IIFS Overview of the Regulatory Framework for IIFS IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -Necessary Conditions for Effective Supervision -Consolidated Home-Host Supervision -Supervisory Issues in Islamic Windows | |
| 11:00 – 11:30 | Coffee Break | |
| 11:30 – 13:00 | Session 8 : Prudential and Regulatory Framework for IIFS (cont.) | |
| 13:00 – 14:00 | Lunch & Prayer | |
| 14:00 – 16:00 | Session 9 : Open Session on Prudential and Regulatory Framework for Islamic Finance | |
| 16:00 – 16:30 | Closing Ceremony Mr. Abderrahim Bouazza, Head of Banking Supervision Department, Bank Al Maghrib | |
Downloadable Document(s)
| 1.) | Event Session(s) – PDF Format |
