IFSB-FIS Workshop Series (Djibouti)

This 4-day Workshop is tailored for the regulatory and supervisory authorities for the banking sector, and will discuss on the following IFSB Standards:

• Introduction to Islamic Finance and Islamic Banking Operations
• IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)
• GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (CAR) for IIFS
• IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
• IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS

Overall, this Workshop aims to:

1. Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
2. Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and
3. Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

This Workshop is hosted by Banque Centrale de Djibouti and participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at [email protected]. Programme – Event Session(s)

Date	Time	Topics
Day 1 17/08/2015	09:00 – 09:30	Registration
	09:30 – 09:45	Opening Session by the IFSB, and the BCD Representatives
	09:45 – 11:15	Session 1: Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products
	11:15 – 11:30	Group Photo and Coffee Break
	11:30 – 13:00	Session 2: IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) Need for Capital Regulation Treatment of PSIA and Assets Financed by PSIA Displaced Commercial Risk Capital Ratio Formula: Standard and Supervisory Discretion
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Session 3: IFSB-2: Capital Adequacy Standard Credit Risk Based on External Credit Assessments (ECA) Exposures in Investments Made Under Profit Sharing Modes Preferential Risk Weights and Past Due Receivables Case Study
	16:00 – 16:15	Coffee Break
Day 2 18/08/2015	09:30 – 11:00	Session 4: IFSB-2: Capital Adequacy Standard Measurement of Capital Adequacy Requirements for Market Risk Market Risk Weight Conversion Factor Capital Requirements for Islamic Financing Contracts Case Study
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 5: IFSB-2: Capital Adequacy Standard Measurement of Capital Adequacy Requirements for Operational Risk Sharī`ah non-Compliance Risk Calculation of Capital Requirements for Operational Risk Case Study
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Session 6: GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and Displaced Commercial Risk (DCR) Measurement of Risk Sharing in PSIA
	16:00 – 16:15	Coffee Break
Day 3 19/08/2015	09:30 – 11:00	Session 7: GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS The Determination of Alpha and DCR Role of Supervisory Authority in Determination of Alpha and DCR An Algebraic Approach for Measuring DCR and Alpha Case Study
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 8: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Session 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability
	16:00 – 16:15	Coffee Break
Day 4 20/08/2015	09:30 – 11:00	Session 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study
	11:00 – 11:30	Coffee Break
	11:30 – 13:00	Session 11: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS General Governance Approach to Sharī`ah Governance System Requirements on the Competence of Personnel Undertaking the Sharī`ah Governance System Independent Exercise of the Sharī`ah Board Members on Sharī`ah-related Matters
	13:00 – 14:00	Lunch and Prayers
	14:00 – 16:00	Session 12: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Confidentiality of Sharī`ah Board Members on Internal Information Consistency of Opinions Across Different Institutions by Sharī`ah Board Members Case Study
	16:00 – 16:15	Closing & Certificate Giving Ceremony
	16:15 – 16:30	Coffee Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format