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X-WR-CALDESC:Events for Islamic Financial Services Board
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DTSTART:20130101T000000
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BEGIN:VEVENT
DTSTART;TZID=UTC:20141209T083000
DTEND;TZID=UTC:20141210T173000
DTSTAMP:20260411T210442
CREATED:20141209T004808Z
LAST-MODIFIED:20231228T012159Z
UID:11845-1418113800-1418232600@www.ifsb.org
SUMMARY:IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance
DESCRIPTION: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. \nAmong 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. \nTo date\, the following speakers are confirmed to speak at this Executive Forum: \n\nDr. Bashir Aliyu Umar\, Secretary of the Financial Regulation Advisory Council of Experts of the Central Bank of Nigeria\nMr. Ramesh Pillai\, Chairman\, Board of Governors\, Institute of Enterprise Risk Practitioners\, Malaysia\nProf. Dr. Mohamad Akram Laldin\, Executive Director of International Sharī`ah Research Academy for Islamic Finance (ISRA)\nDr. Hatim El Tahir\, Director\, Islamic Finance Group\, Deloitte Middle East\nUstaz Mohd Nazri Chik\, General Manager\, Sharī`ah Division\, Bank Islam Malaysia Berhad\nProf. Dr. Syed Abdul Hamid Aljunid\, Professor of Corporate Governance and Ethics\, INCEIF\nAssoc. Prof. Dr. Younes Soualhi\, Chairman\, Sharī`ah Board\, HSBC Amanah Malaysia Berhad\nAssoc. Prof. Dr. Azman Mohd Noor\, Deputy Chairman\, Sharī`ah Board\, Al-Rajhi Bank Malaysia\nDr. Abdelgadir Warsama Ghalib\, Senior Legal Adviser\, Bank of Bahrain and Kuwait (BBK)\, Bahrain\n\nFor more information on the Executive Forum\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n09/12/2014\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening & Welcoming Address\n\n\n09:45 – 11:00\nSession 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\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 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\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 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)\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 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\n\n\nDay 2\n10/12/2014\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 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?\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 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\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 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\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\nDownloadable Document(s)\n \n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – EF6\n\n\n3.)\n\nLanai Kijang Reservation Form
URL:https://www.ifsb.org/event/eve00237-ifsb-inceif-executive-forum-on-sound-governance-practices-promoting-stability-in-islamic-finance/
LOCATION:Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia
CATEGORIES:Awareness Programme
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BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T093000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260411T210442
CREATED:20151207T232418Z
LAST-MODIFIED:20231228T015257Z
UID:11713-1449567000-1449592200@www.ifsb.org
SUMMARY:27th Meeting of the Council of the IFSB (For Full Members only) and 12th Islamic Financial Stability Forum (by invitation only)
DESCRIPTION:The 27th Meeting of the Council of the IFSB and 12th Islamic Financial Stability Forum are hosted by the Islamic Development Bank.\n\nThese meetings are by invitation only. For more information on the meetings\, please email the following Secretariat in charge:\n\n1) Council Meeting – Ms. Nur Khairun Nissa Md Zawawi\, email : khairun.nissa@ifsb.org\n\n2) Islamic Financial Stability Forum – Ms. Yazmin Aziz\, email : yazmin@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n09:30 – 13:00\n27th Meeting of the Council of the IFSB\n\n\n14:30 – 16:30\n12th Islamic Financial Stability Forum Theme: Promoting Consistency in the Implementation of Prudential Standards The Islamic Finance and Global Financial Stability Report (IFSB-IRTI\, 2010)\, drew attention to the importance of not only accelerating effective implementation of prudential standards to promote and enhance the soundness and stability of the Islamic financial services industry\, but also to contributing towards the consistent development of Islamic finance across jurisdictions. The Core Principles for Islamic Financial Regulation for the banking segment (CPIFR) issued by the IFSB in April 2015 has facilitated a step towards this harmonisation and consistency in the implementation of prudential frameworks across countries\, by providing a framework for assessment of the regulatory and supervisory framework of the banking sector. The IFSB’s current strategy focuses on promoting the implementation through workshops under the Facilitating the Implementation of Standards (FIS) Initiatives and Implementation Surveys\, both of which have contributed substantially towards enhancing the IFSB’s ability to assist RSAs seeking to strengthen their regulatory and supervisory framework for Islamic finance. The IFSB efforts are in line with the practice of other global standard-setting bodies\, who are taking steps to not only track the implementation of their standards\, but to also review the consistency in such implementation across various jurisdictions. The Basel Committee on Banking Supervision (BCBS)\, for example\, adopted a Regulatory Consistency Assessment Programme (RCAP) in 2012\, noting the importance of consistency in the adoption and implementation of prudential standards in enhancing the resilience of the banking system\, improving public confidence in prudential ratios and developing a transparent regulatory environment that promotes a level playing field. The programme is a central element of the BCBS’s continuous efforts to monitor the implementation and timely adoption of the Basel III standards\, ensuring consistency of the adopted regulations\, as well as evaluating the quality and comparability of regulatory outcomes. The RCAP promotes consistent adoption of the Basel framework by helping member jurisdictions identify domestic regulations that are not in line with the letter and spirit of the relevant Basel standards\, weigh the materiality of any such deviations and undertake reforms where necessary. The European Banking Authority (EBA)\, also works to ensure effective and consistent implementation of prudential regulation and supervision in EU countries. It introduced a European Single Rulebook in banking for the purpose of providing a set of harmonised prudential rules for financial institutions throughout the EU\, to ensure uniform application of its rules across Member States which serves to close any regulatory loopholes that may arise from differences in prudential frameworks. The EBA thus plays an important role in promoting convergence of supervisory practices in the EU banking sector by identifying any material differences in the practices and formulate necessary policy solutions to enhance convergence between banks. The IMF Staff Discussion Note on Islamic Finance (May 2015) has observed that in Islamic finance jurisdictions\, the application of standards is not uniform across countries\, which brings to the fore concerns that it may encourage growth in a manner that gives rise to systemic vulnerabilities. It also underlined the importance of seeking greater harmonisation\, both across and within countries\, through better implementation of existing standards for Sharī`ah governance. Against this background\, a natural step forward in furthering the current implementation programme of the IFSB to focus on greater consistency in the adoption of its standards for regulation and supervision of institutions offering Islamic financial services. The 12th Islamic Financial Stability Forum will seek to examine the experiences of the other international agencies to promote and assess the consistency of the implementation of prudential standards\, and identify opportunities and direction for future work in the Islamic Financial Services Industry to encourage consistency across Islamic finance jurisdictions.\n\n\n14:30 – 14:40\nChairman’s Remarks\n\n\n14:40 – 15:00\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat\, Basel Committee on Banking Supervision\n\n\n15:00 – 15:40\nDiscussion Discussants: Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nQ&A Session\n\n\n16:00 – 16:30\nCoffee Break & Networking\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n\n 
URL:https://www.ifsb.org/event/eve00264-27th-meeting-of-the-council-of-the-ifsb-for-full-members-only-and-12th-islamic-financial-stability-forum-by-invitation-only/
LOCATION:–\, Bali\, Indonesia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T143000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260411T210442
CREATED:20151207T232850Z
LAST-MODIFIED:20231228T015249Z
UID:11720-1449585000-1449592200@www.ifsb.org
SUMMARY:12th Islamic Financial Stability Forum :Promoting Consistency in the Implementation of Prudential Standards
DESCRIPTION:The IFSB organised its 12th Islamic Financial Stability Forum (12th IFSF) on 8 December 2015\, in Jeddah\, Saudi Arabia.\n\nThe 12th IFSF was held in conjunction with the 27th Council Meeting of the IFSB\, hosted by the Islamic Development Bank.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n14:30 – 14:40\nChairman’s Remarks H.E. Agus D.W. Martowardojo\, Governor\, Bank Indonesia\n\n\n14:40 – 15:40\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat (MPhil)\, Basel Committee on Banking Supervision Discussants: 1. Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia 2. Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nDiscussion and Q&A Session\n\n\n16:00 – 16:30\nCoffee and Networking Break End of Forum\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00310-12th-islamic-financial-stability-forum-promoting-consistency-in-the-implementation-of-prudential-standards/
LOCATION:Jeddah\, Jeddah\, Saudi Arabia\, Saudi Arabia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
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