Awareness Programme

Theme: 1975 - 2010: 35 Years of Growth – Why the Islamic financial services industry remains relatively small Programme - Event Session(s) Date Time Topics Day 1 30/03/2011 4TH IFSB PUBLIC LECTURE : 1975 – 2010, 35 YEARS OF GROWTH – WHY THE ISLAMIC FINANCIAL SERVICES INDUSTRY REMAINS RELATIVELY SMALL 14:30 - 15:00 Registration 15:00 - 15:20 Opening Remarks 15:20 - 15:25 Chairman Lecture 1 and 2 : H.E. Faris A. Sharaf, Governor, Central Bank of Jordan 15:20 - 16:00 Lecture 1 16:00 - 16:40 Lecture 2 16:40 - 17:00 Question and Answer Session (for Lecture 1 and 2) 17:00 - 17:30 Coffee Break Day 2 31/03/2011 IFSB ANNUAL MEETINGS 2011 09:00 - 12:20 18th Meeting of the Council (For IFSB Council Members Only) 12:30 - 13:30 9th General Assembly of the IFSB (For IFSB Members Only) 14:30 - 16:00 3rd Islamic Financial Stability Forum (For IFSB Council Members and Regulatory Authorities Only) Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Speakers Profiles

The IFSB organised its 3rd Islamic Financial Stability Forum (3rd IFSF) on 17 November 2011 in Amman, Jordan. The 3rd IFSF was held in conjunction with the 18th Council Meeting of the IFSB, hosted by the Central Bank of Jordan. Programme - Event Session(s) Date Time Topics Day 1 00/00/0000 00:00 - 00:00 Opening Remaks H.E. Faris A. Sharaf, Governor, Central Bank of Jordan Day 2 31/03/2011 14:40 - 15:20 Session 1: Macroprudential Surveillance and the Role of the Supervisory and Regulatory Authorities The rationale for macroprudential surveillance framework in financial institutions- objectives, history and theory; Coordination with other policies/authorities - monetary, microprudential and cross-border supervision; Cross-border issues – historical experiences and emerging trends in crisis management, information sharing and dealing with insolvent institutions Speaker: H.E. Shahid Hafiz Kardar, Governor State Bank of Pakistan Discussant: H.E. Durmus Yilmaz, Governor Central Bank of the Republic of Turkey 15:20 - 16:00 Macroprudential regulation and supervision for Institutions offering Islamic financial services (IIFS) Components of macroprudential supervision of the IIFS – Catering for the specificities of IIFS related to capital policies, counter-cyclicality and liquidity risk management; Growth of Islamic finance and regulatory approaches to deal with its systemic implications; Structuring macroprudential regulation – governance, information needs and cross-sectoral interactions; Market discipline - interrelationship with macroprudential and its effectiveness. Speaker: H.E. Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain Discussant: H.E. Dr. Atiur Rahman, Governor, Bangladesh Bank Downloadable Document(s) 1.) Event Session(s) - PDF Format

The Central Bank of the Republic of Turkey is hosting this Seminar. For more information on the Seminar, please email to Ms. Yazmin Aziz Email: [email protected]. Programme - Event Session(s) Date Time Topics Day 1 06/04/2011 09:00 - 09:30 Registration 09:30 - 10:00 Opening and Keynote Session 10:00 - 11:00 Session 1 - Liquidity Management in the Islamic Financial Services Industry: Risks, Legal and Regulatory Issues The session will discuss the liquidity management challenges in the Islamic financial services industry (IFSI) due to inadequate Sharī`ah-compliant instruments and the risks to which institutions offering Islamic financial services (IIFS) are exposed. 11:00 - 11:30 Coffee and Networking Break 11:30 - 12:30 Session 2 : Infrastructures for Managing Liquidity and Liquidity Risks The session will discuss the necessary building blocks that should be in place to support IIFS in managing their liquidity, including the infrastructure components that are required to facilitate measuring and managing liquidity risks and the role of supervisory bodies in this process. 12:30 - 14:00 Lunch 14:00 - 15:00 Session 3 : Regulatory Approaches to Liquidity Management in the Islamic Financial Services Industry in Selected Countries The session will highlight treasury management practices of IIFS in selected jurisdictions, and the challenges to develop appropriate Sharī`ah-compliant instruments. 15:00 - 16:00 Session 4 : Panel Discussion : Future Development of a Liquidity Management Framework for the Islamic Financial Services Industry The session aims to discuss the issues that have to be considered to develop a robust liquidity management framework and how to overcome some of the existing challenges. It will also cover the role that stakeholders in the IFSI are expected to play. 16:00 - 16:30 Coffee and Networking Break 19:30 - 22:00 Gala Dinner (Hosted by the Central Bank of the Republic of Turkey) Venue : Tavaci Recep Usta Restaurant, Etiler Day 2 07/04/2011 09:30 - 10:00 Coffee and Networking Break 10:00 - 10:30 Keynote Address 10:30 - 12:00 Session 5 : Panel Discussion : Key Components for Structuring International Liquidity Instruments: Shari`ah, Legal and Rating 12:00 - 14:00 Lunch Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Hotel Reservation Form 3.) Location Map 4.) Speakers Profile  

The Central Bank of Luxembourg will be hosting the 8th Islamic Financial Services Board Summit 2011. REGISTRATION FOR ALL PRE-SUMMIT EVENTS HAS BEEN CLOSED. Programme - Event Session(s) Date Time Topics Day 1 10/05/2011 DAY 1- PRE-SUMMIT EVENT 2011 : WORKSHOP ON ISLAMIC FINANCE & IFSB STANDARDS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES AND ISLAMIC CAPITAL MARKETS - REGISTRATION FOR THE WORKSHOP IS CLOSED - 09:00 - 09:30 Venue : Chamber of Commerce Registration 09:30 - 09:45 Opening Remarks by the IFSB 09:45 - 10:30 Session 1: Concept and Contracts of Islamic Finance 10:30 - 10:45 Coffee Break 10:45 - 11:45 Session 2a: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services – An Overview 11:45 - 12:45 Session 2b: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services – Case Studies 12:45 - 14:00 Lunch 14:00 - 15:15 Concurrent Session 1- (participant to choose between these two Sessions) Session 3a : Standard on Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments – An Overview Session 3b : Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments – Case Studies 15:15 - 15:45 Coffee Break 15:45 - 17:00 Concurrent Session 2 - (participant to choose between these two Sessions) Session 4a : Guiding Principles on Governance for Islamic Collective Investment Schemes – An Overview Session 4b : Guiding Principles on Governance for Islamic Collective Investment Schemes – Case Studies Day 2 11/05/2011 DAY 2 - PRE-SUMMIT EVENT 2011 : COUNTRY SHOWCASES & SPECIAL SESSION ON LIQUIDITY MANAGEMENT IN THE ISLAMIC FINANCIAL SERVICES INDUSTRY - REGISTRATION FOR ALL PRE-SUMMIT EVENTS ON 11 MAY ARE CLOSED - 09:30 - 11:00 Venue : Chamber of Commerce Luxembourg Country Showcase 11:00 - 14:00 Malaysia Country Showcase 14:00 - 16:30 Special Session on Liquidity Management in the Islamic Financial Services Industry Registration Session 1 - Liquidity Management in the Islamic Financial Services Industry – Challenges and Opportunities Session 2 - Establishment of the International Islamic Liquidity Management Corporation Session 3 - Panel Discussion on Key Components for Structuring International Liquidity Instruments: Sharī`ah, Legal, Rating, Trading, Clearing and Settlement 16:30 - 17:30 Summit Welcome Cocktail (hosted by the Banque Centrale du Luxembourg) & Summit Pre-Registration Day 3 12/05/2011 DAY 1 - 8TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT - ENHANCING GLOBAL FINANCIAL STABILITY: CHALLENGES AND OPPORTUNITIES FOR ISLAMIC FINANCE 08:30 - 09:30 Venue : New Conference Centre Kirchberg (NCCK), Luxembourg Registration 09:30 - 10:30 Opening and Keynote Session 10:30 - 11:00 Coffee and Networking 11:00 - 12:30 Session 1: International Developments in Regulatory Landscape: Implications for Islamic Finance Implications for Banking-Basel III and IFSB standards Implications for Insurance-Solvency II and IFSB standards Implications for Capital Markets 12:30 - 14:00 Lunch and Prayer 14:00 - 15:30 Session 2 : Financial Stability - Regional and Global Cooperation Cooperation in home-host supervision Cooperation in developing legal infrastructure for capital market instruments The role of multi-lateral organisations 15:30 - 16:00 Coffee and Networking 16:00 - 17:30 Session 3 : Developing Capacity Building to Enhance Financial Stability in the Islamic Financial Services Industry Capacity building in the financial sector including strategies for strengthening financial institutions, to ensure that; a) the financial sector supports the real economic sector; b) financial inclusion is extensive; c) the framework for development of financial restructuring and resolution is in place; and d) implementation and execution of financial sector reforms. Organisational development to enhance capacity for financial stability mandate in the areas of surveillance, supervision, enforcement of standards; and expertise and talent development. 19:00 - 21:30 Venue : Sofitel Luxembourg Europe Hotel Summit Gala Dinner & Keynote Address Day 4 13/05/2011 DAY 2 - 8TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT - ENHANCING GLOBAL FINANCIAL STABILITY: CHALLENGES AND OPPORTUNITIES FOR ISLAMIC FINANCE 00:00 - 00:00 Venue : New Conference Centre Kirchberg (NCCK), Luxembourg 09:30 - 11:00 Session 4: Enhancing Transparency & Market Discipline and Information Environment Role of rating agencies Enhancing disclosure Lack of market discipline and its consequences 11:00 - 11:30 Coffee and Networking Break 11:30 - 13:00 Session 5 : Panel Discussion on Issues in Enhancing Global Financial Stability Issue 1: liquidity management infrastructure Issue 2: insolvency regimes Issue 3: safety-nets 13:00 - 14:30 Lunch and Prayer END OF 8TH IFSB SUMMIT 2011 Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) 8th Islamic Financial Services Board Summit Brochure 3.) Hotel Reservation Form_ Melia Hotel 4.) Hotel Reservation Form_ Sofitel and Novotel Hotel 5.) Luxembourg Country Showcase Flyer 6.) Malaysia Country Showcase Flyer

This Seminar is hosted by the National Bank of Tajikistan and Supported by German International Cooperation (GIZ). This one and half day Seminar will address the following topics: - Overview of the Islamic Financial Services Industry (IFSI) - Operational and Business structural issues in starting an Islamic financial services unit - Shari’ah and Legal Issues in Islamic Finance - Regulatory and Supervisory Framework for Institutions offering Islamic Financial Services - Panel Discussion on the Islamic Finance, Challenges and Opportunities for Tajikistan For more information on the Seminar, please contact Ms Puteri Bahrun at [email protected] Programme - Event Session(s) Date Time Topics Day 1 29/09/2011 09:00 - 09:30 Registration 09:30 - 10:30 Opening and Keynote Session 10:30 - 11:00 Coffee break & Networking 11:00 - 12:30 Session 1 : Overview of the Islamic Financial Services Industry (IFSI) This session will give an overview of the respective IFSI sectors i.e. banking, capital market and insurance. 12:30 - 14:00 Lunch 14:00 - 15:30 Session 2 – Operational and Business Structural Issues in Starting a Unit that offers Islamic Banking Services This session aims to discuss the relevant operational and business structural issues faced by IFSI stakeholders in developing an Islamic financial services unit. 15:30 - 16:30 Session 3 – Shari`ah and Legal Issues in Islamic Banking The session will discuss the current and pertinent Shari`ah, legal and business development issues in the IFSI currently being faced by the IFSI market players and how they are managing these issues in their day-to-day operations. Day 2 30/09/2011 09:30 - 11:00 Session 4 – Regulatory and Supervisory Framework for Institutions offering Islamic Banking Services The session will share country specific experience in their prudential regulatory and supervisory framework for the IFSI. 11:30 - 13:00 Session 5 – Panel Discussion on the Islamic Banking : Challenges and Opportunities for Tajikistan The session aims to highlight the business, legal and regulatory structure that must be established for Tajikistan to set up its own IFSI. It will also highlight the potential of Tajikistan and the role of its stakeholders in this effort. 13:00 - 14:00 Lunch Disclaimer: Please be advised that the above mentioned agenda points are tentative and that the IFSB reserves the right to make any necessary amendments/changes to the programme without prior notification. Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Speakers Profile

The Workshop will cover the followings: 1) Exposure Draft 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) 2) Exposure Draft 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) For more information on the Public Hearing, please email to Ms. Ismawaty Ismail at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 16/11/2011 09:00 - 09:30 Registration 09:30 - 10:00 Presentation on Exposure Draft - 12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) 10:00 - 10:30 Question and Answer 10:30 - 11:00 Presentation on Exposure Draft - 13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services (other than Islamic Insurance (Takaful) Institutions and Islamic Collective Investment Schemes) 11:00 - 11:30 Question and Answer Downloadable Document(s) 1.) Event Session(s) - PDF Format

The IFSB organised its 4th Islamic Financial Stability Forum (4th IFSF) on 17 November 2011 in Kuala Lumpur, Malaysia. The 4th IFSF was held in conjunction with the 19th Council Meeting of the IFSB. Programme - Event Session(s) Date Time Topics Day 1 17/11/2011 14:30 - 14:40 Opening Remarks H.E. Mohammed Said Shahin, Governor, Central Bank of Jordan 14:40 - 15:20 Session 1: The role of central banks and monetary authorities in the development of adequate infrastructure and instruments for Sharī`ah-compliant Lender of Last Resort (LOLR) facilities and emergency financing mechanisms Main impediments to the development of infrastructure and instruments for Sharī`ah-compliant LOLR facilities and emergency financing mechanisms; Required characteristics of instruments for use in Sharī`ah-compliant LOLR facilities; Cross-border Sharī`ah-compliant LOLR facilities and the need for coordination among regulatory and supervisory authorities. Speaker: H.E. Dr Halim Alamsyah, Deputy Governor, Bank Indonesia Discussant: Ms Claire Louis McGuire, Senior Financial Sector Specialist, Financial and Private Sector Development Unit, The World Bank 15:20 - 16:00 Session 2: The implementation of Sharī`ah compliant deposit insurance schemes for Islamic financial services industry Appropriate models for Sharī`ah-compliant Deposit Insurance Schemes; Governance issues in Sharī`ah-compliant Deposit Insurance Schemes; Regulatory, legal and Sharī`ah issues related to Sharī`ah-compliant Deposit Insurance Schemes. Speaker: Mr Md Khairuddin Bin Hj Arshad, Chief Operating Officer, Malaysia Deposit Insurance Corporation Discussant: Dr. Abdel Gadir Mohammed Salih, General Manager, Bank Deposit Security Fund Sudan Downloadable Document(s) 1.) Event Session(s) - PDF Format

This IFSB Roundtable is hosted by the Central Bank of Bahrain and supported by Deloitte IFKC. Many financial sector and regulatory practices have contributed to the recent financial crisis, but foremost among these were important failures in risk management practices and processes, as well as weaknesses in many parts of the financial services sector. This Roundtable aims to shed light on the current practices of risk management in the institutions offering Islamic financial services (IIFS) and how regulatory and supervisory authorities can benefit in reshaping the regulation for the Islamic financial services industry (IFSI). The Roundtable aims to benefit professionals involved in risk management specifically in the Islamic banking sector. Participation is by invitation only. Programme - Event Session(s) Date Time Topics Day 1 13/12/2011 08:30 - 09:30 Registration 09:30 - 11:00 Session 1: Current state of the risk management in the IIFS New emerging products and services creating new levels of risk and complexities Concentration or excessive leveraging in various IIFS portfolios Key risk management lessons learned by the IIFS from the crisis and potential challenges 11:00 - 11:30 Coffee and Networking Break 11:30 - 13:00 Session 2: Regulatory aspects of risk management IIFS cross-sectoral exposures and concern for supervisory authorities Systemic risk management Sharī`ah non-compliance and legal risks identifying and regulating systemic risk enterprise risk management for systemic risk Implications of the evolving risks facing the IFSI to supervisory authorities Incentives, risk management, governance and transparency Will better transparency improve financial stability? 13:00 - 14:00 Lunch and End of Roundtable Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Speakers Profile