IFSB-FIS Workshop Series (Kazakhstan)

his 3-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for Astana International Financial Center (AIFC). It will cover the following IFSB Standards:

• Introduction to Islamic Capital Market (ICM)
• Introduction to Takaful
• IFSB-6:Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS)
• IFSB-21: Core Principles for Islamic Finance Regulation (ICM Segment)
• IFSB-11:Standard on Solvency Requirements for Takāful Undertakings
• IFSB-20:Key Elements in the Supervisory Review Process of Takāful / Retakāful Undertaking

Overall, this Workshop aims to:

1. Enhance the participants’ understanding of the respective Standards and Guiding Principles of the IFSB, 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.