IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance
2014-12-09 08:30 - 2014-12-10 17:30 UTC | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
This IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance offers a platform for high level deliberations and exchanges of views among participants – global leaders from among practitioners, regulators and academics – on a holistic overview on the key trends and momentum of corporate governance initiatives in the global and Islamic finance industry.
Among others, the two-day Executive Forum will see the sharing of experiences and discussions of specific issues facilitated by experienced speakers from among regulators, industry leaders and academics. The participants will benefit from delivering views of counterparts and peers of different backgrounds and geographical locations.
To date, the following speakers are confirmed to speak at this Executive Forum:

Dr. Bashir Aliyu Umar, Secretary of the Financial Regulation Advisory Council of Experts of the Central Bank of Nigeria
Mr. Ramesh Pillai, Chairman, Board of Governors, Institute of Enterprise Risk Practitioners, Malaysia
Prof. Dr. Mohamad Akram Laldin, Executive Director of International Sharī`ah Research Academy for Islamic Finance (ISRA)
Dr. Hatim El Tahir, Director, Islamic Finance Group, Deloitte Middle East
Ustaz Mohd Nazri Chik, General Manager, Sharī`ah Division, Bank Islam Malaysia Berhad
Prof. Dr. Syed Abdul Hamid Aljunid, Professor of Corporate Governance and Ethics, INCEIF
Assoc. Prof. Dr. Younes Soualhi, Chairman, Sharī`ah Board, HSBC Amanah Malaysia Berhad
Assoc. Prof. Dr. Azman Mohd Noor, Deputy Chairman, Sharī`ah Board, Al-Rajhi Bank Malaysia
Dr. Abdelgadir Warsama Ghalib, Senior Legal Adviser, Bank of Bahrain and Kuwait (BBK), Bahrain

For more information on the Executive Forum, please email Mr. Hamizi Hamzah at hamizi@ifsb.org
Programme – Event Session(s)

Date
Time
Topics

Day 1
09/12/2014
08:30 – 09:30
Morning Coffee and Registration

09:30 – 09:45
Opening & Welcoming Address

09:45 – 11:00
Session 1: Building Momentum for Effective Corporate Governance Recent Key Developments in the Global and Islamic Finance Industry Recent Initiatives and Impact on the Behaviour of Market Participants and Industry Players Gap Analysis and Ongoing Challenges on Corporate Governance

11:00 – 11:30
Group Photo and Coffee Break

11:30 – 13:00
Session 2: Risk Governance and Internal Controls: The Initiative from Within Top Management and BOD Functions as Providing Overall Direction over Enterprise-Wide Risk Management Initiatives Internal Control Structures, Tools and Mechanisms Exclusive for IIFS Challenges of Risk Governance

13:00 – 14:00
Lunch and Prayers

14:00 – 15:30
Session 3: Board Roles and Structure: Sound Governance Starts From the Top Present and Evolving Roles and Structure of the BOD and its Committees Recent Developments in Local and International Legislations as well as Supervisory Initiatives Tools and Mechanisms Available to the BOD in Discharging their Duties in Institutions Offering Islamic Financial Services (IIFS)

15:30 – 16:00
Coffee Break

16:00 – 17:30
Session 4: Sharī`ah Governance Framework: Achieving Greater Credibility Across Borders Sharī`ah Governance Practices Across Different Jurisdictions Infrastructural and Other Factors Contributing to Differences in Sharī`ah Governance Practices Adoption of Best Practices by IIFS Operating Across Jurisdictions

Day 2
10/12/2014
08:30 – 09:30
Morning Coffee

09:30 – 11:00
Session 5: Aligning Corporate and Sharī`ah Governance: Understanding the Common Objectives Alignment of Corporate and Sharī`ah Governance Objectives Identifying and Addressing Potential Overlap between Corporate and Sharī`ah Governance Can Maqāsid al-Sharī`ah Contribute to Formulating Rules, Policies and Procedures on Corporate Governance in IIFS?

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 6: Towards Greater Market Discipline: Enhancing Disclosure Requirements for Islamic Financial Institutions Cost-benefit Analysis on the Need for Greater Market Discipline and Enhanced Disclosure Existing Disclosure Practices Amongst IIFS The Role of Supervisors in Enforcing Market Discipline and Enhanced Disclosure

13:00 – 14:00
Lunch and Prayers

14:00 – 16:00
Session 7: Panel Discussion – Evolving Issues and Challenges in Corporate and Sharī`ah Governance Giving Voice to Investment Account Holders (and Takāful Participants) – The Role of Governance Committee and Trust Structures Board of Directors and Sharī`ah Board Accountability – Practices and Challenges Achieving the Right Balance Between Conformance and Performance – The Way Forward for the Islamic Financial Services Industry

16:00 – 16:30
Closing & Certificate Giving Ceremony

16:30 – 17:00
Coffee Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Brochure – EF6

3.)

Lanai Kijang Reservation Form
