July 11, 2017
@
8:45 AM
–
July 13, 2017
@
7:00 PM
This 3-day Workshop is tailored for the National Bank of the Kyrgyz Republic and central (national) banks of the member-countries of the Eurasian Economic Community (EEC). It is supported by the Islamic Development Bank and will discuss the following IFSB Standards:
- IFSB-10 : Guiding Principles on Sharī`ah Governance Systems for Institutions offering Islamic Financial Services (IIFS);
- IFSB-15 : Revised Capital Adequacy Standard for IIFS; and
- IFSB-16 : Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
Overall, this Programme aims to:
- Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
- 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
- Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.
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
11/07/2017 |
08:45 – 09:00 |
Registration |
| 09:00 – 09:15 |
Opening Remarks by the NBKR and the IFSB Representatives, and Group Photo |
| 09:15 – 10:45 |
Session 1 – Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS |
| 09:45 – 11:15 |
Coffee Break |
| 11:15 – 13:00 |
Session 2 – IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Adequacy Ratio Components of Capital Treatment of PSIA, PER and IRR Regulatory Adjustments and Deductions |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 3 – IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation |
| 16:00 – 16:15 |
Coffee Break |
| 16:15 – 17:00 |
Questions and answers (Q&A) |
| Day 2
12/07/2017 |
09:00 – 11:00 |
Session 4 – IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise |
| 11:00 – 11:30 |
Coffee Break |
| 11:30 – 13:00 |
Session 5 – IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Operational Risk in Islamic Finance Measuring Operational Risks Sharīah Non-compliance Risk Group Exercise |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 6 – IFSB-10: Guiding Principles on Sharīah Governance System for IIFS Structure and Scope of the Sharīah Governance System General Approach to the Sharīah Governance System Guiding Principles on the Sharīah Governance System Case Study |
| 16:00 – 16:15 |
Coffee Break |
| 16:15 – 17:00 |
Questions and answers (Q&A) |
| 17:00 – 20:00 |
Cultural program (visit to the “Grigorevsky” gorge) |
| Day 3
13/07/2017 |
09:00 – 11:00 |
Session 7 – 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 Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk |
| 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 Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability |
| 13:00 – 14:00 |
Lunch and Prayer |
| 14:00 – 16:00 |
Session 9 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Corporate and Shari’ah Governance Transparency and Market Discipline Consolidated and Home-host Supervision Case Study |
| 16:00 – 16:15 |
Coffee Break |
| 16:15 – 17:00 |
Islamic Principles of Financing Experience of Development in the Kyrgyz Republic |
| 17:00 – 18:00 |
Closing, Certificate and Souvenirs Giving Ceremony |
| 18:00 – 19:00 |
Dinner |
