IFSB FIS Workshop Series (Nigeria): IFSB-4, IFSB-5, IFSB-7, GN-2.

This Workshop is hosted by the Central Bank of Nigeria (CBN). These Workshops will cover the following IFSB Standards and Guiding Principles: •IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services •IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) •IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) •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 these Workshops are by INVITATION only. For more information on these Workshops, please email to Mrs. Azizakhon Yarlaeva at [email protected]. Programme – Event Session(s)

Date	Time	Topics
Day 1 16/04/2012	IFSB-FIS WORKSHOP DAY ONE
	09:00 – 09:30	Registration
	09:30 – 09:50	Opening Session
	09:50 – 11:15	Session 1 IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services -Overview on IFSB-1 Guiding Principles on Risk Management for IIFS -Focus on Credit Risk & Supervisory Perspective -Group Exercise
	11:15 – 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 – Focus on Equity Investment Risk & Supervisory Perspective – Focus on Operational Risk & Supervisory Perspective -Group Exercises
	13:00 – 14:00	Lunch & Prayers
	14:00 – 16:00	Session 3 IFSB-1: Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services -Focus on Market Risk & Supervisory Perspective -Focus on Liquidity Risk & Supervisory Perspective -Focus on Rate of Return Risk & Supervisory Perspective -Intensive Case Studies
	16:00 – 16:30	Coffee Break
Day 2 17/04/2012	IFSB-FIS WORKSHOP DAY TWO
	09:30 – 11:15	Session 4 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Basel vs IFSB Capital Adequacy Framework -An overview of IFSB-2: Capital Adequacy Standard for IIFS -Measurement of Capital Adequacy Requirements for Credit Risk -Credit Risk Mitigation -Examples and Group Exercise
	11:15 – 11:30	Coffee Break
	11:30 – 13:00	Session 5 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Measurement of Capital Adequacy Requirements for Credit Risk (Cont’d) -Measurement of Capital Adequacy Requirements for Market Risk -Group Exercise -Group Discussion on Regulatory Approaches for Applying Risk Weights on Profit Sharing Modes
	13:00 – 14:00	Lunch & Prayer
	14:00 – 16:00	Session 6 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Measurement of Capital Adequacy Requirements for Operational Risk -Individual Exercise -Capital Adequacy Requirements for Islamic Financing Instruments
	16:00 – 16:30	Coffee Break
Day 3 18/04/2012	IFSB-FIS WORKSHOP DAY THREE
	09:30 – 11:00	Session 7 IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -Comprehensive Case Study on Capital Adequacy for IIFS
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 8 GN-2: Guidance Note in Connection with the Risk Management and Capital Adequacy Standards: Commodity Murâbahah Transactions -Case Study on Commodity Murâbahah Transactions and implications for IIFS and Supervisors
	13:00 – 14:00	Lunch & Prayer
	14:00 – 16:00	Session 9 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments
	16:00 – 16:30	Coffee Break
Day 4 19/04/2012	IFSB-FIS WORKSHOP DAY FOUR
	09:30 – 11:00	Session 10 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments -Capital Requirements for Sukūk & Securitisations and Real Estate (Cont’d)
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 11 IFSB-7: Capital Adequacy Requirements for Sukūk & Securitisations and Real Estate Investments -Case Study for Sukūk and Securitisation
	13:00 – 14:00	Lunch & Prayer
	14:00 – 16:00	Session 12 IFSB-4: Disclosures to Promote Transparency and Market Discipline for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takāful) Institutions and Islamic Mutual Funds) -Recommended Disclosures for IIFS
	16:00 – 16:30	Coffee Break
Day 5 20/04/2012	IFSB-FIS WORKSHOP DAY FIVE
	09:30 – 11:00	Session 13 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 -Capital adequacy, Risk Management and Corporate Governance -Related Party Transaction -Consolidated Home – Host Supervision -Supervisory Issues in Real Estate Investments -Supervisory Issues in Islamic Windows
	11:00 – 11:30	Coffee Break
	11:30 – 12:00	Session 14 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) -Case Studies for IFSB-5 -Discussion and Q&A Session
	12:00 – 12:15	Closing Ceremony
	12:15 – 14:30	Lunch & Jumaat Prayers

Downloadable Document(s)

1.)

Event Session(s) – PDF Format