This 3-day Workshop is tailored for the regulatory and supervisory authorities for the Takaful sector, thus intended to be a Train the Trainer Programme for the staff on the IFSB Standards.
In general, these Workshops aim to:
Participation in these Workshops are 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 10/10/2017 | 09:00 – 09:30 | Registration |
| 09:30 – 09:45 | Opening & Welcoming Address Group Photo | |
| 09:45 – 11:15 | Session 1 – Introduction to Takāful (Islamic Insurance) Introduction to Takāful Takāful Models Issues Faced by Takāful Operators | |
| 11:15 – 11:30 | Coffee Break | |
| 11:30 – 13:00 | Session 2 – IFSB-8: Guiding Principles on Governance for Takāful Undertakings Definition of Takāful Undertaking Why Governance for Takāful Undertakings? Reinforcement of Relevant Good Governance Practices | |
| 13:00 – 14:00 | Lunch and Prayer | |
| 14:00 – 16:00 | Session 3 – IFSB-8: Guiding Principles on Governance for Takāful Undertakings – Cont’d Governance Structure for Participants Procedures for Proper Disclosure Case Study | |
| 16:00 – 16:15 | Coffee Break | |
| Day 2 11/10/2017 | 09:30 – 11:00 | Session 4 – IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Specificities of Takāful Undertakings Relevant to Risk Management Ownership of Risk Fund Significant Risks of Particular Relevance to Takāful |
| 11:00 – 10:30 | Coffee Break | |
| 11:30 – 13:00 | Session 5 – IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Enterprise Risk Management Risk Governance Framework Transparency and Market Disclosure | |
| 13:00 – 14:00 | Lunch and Prayer | |
| 14:00 – 16:00 | Session 6 – IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Key elements in the supervisory review process of risk management for Takāful undertakings Systemic Risk Considerations Case Study | |
| 16:00 – 16:15 | Coffee Break | |
| Day 3 12/10/2017 | 09:30 – 11:00 | Session 7 – Experience Sharing on Regulating Takāful & Retakāful Sector |
| 11:00 – 11:30 | Coffee Break | |
| 11:30 – 13:00 | Session 8 – IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS Structure of the Sharī`ah Governance System Scope of Sharī`ah Governance System Disclosure of Compliance with IFSB-10 | |
| 13:00 – 14:00 | Lunch and Prayer | |
| 14:00 – 16:00 | Session 9 – IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS – Cont’d Guiding Principles – Competence and Independence Guiding Principles – Confidentiality and Consistency Case Study | |
| 16:00 – 16:15 | Closing & Certificate Giving Ceremony | |
| 16:15 – 16:45 | Coffee Break |
