Capacity Building

Course Description: This course offers comprehensive guidance on implementing effective Recovery and Resolution Frameworks (RRF) for Takāful undertakings (TUs), focusing on Takāful Core Principles (IFSB-27). It addresses the unique characteristics of Takāful operations and their implications for exit strategies, resolution planning, and enterprise risk management for solvency purposes. Participants will learn how to interpret and apply TCP 12 (Exit from the Market and Resolution) and TCP 16 (Enterprise Risk Management for Solvency Purposes) in the context of Takāful. It also provides practical guidance in addressing legal and operational challenges such as liquidation regimes, fund resolutions, and Sharīʻah compliance. Additionally, the participants will be able to Implement strong accounting, auditing, and disclosure regimes for Takāful undertakings and windows. The course combines theoretical foundations with practical insights, ensuring participants can design and implement effective recovery and resolution strategies for Takāful institutions that are systemically significant or critical.  Qualification: Participants should possess background in finance, insurance regulation, or Islamic finance.  This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_U81CzrLzQhCxCDcpe3KXkw

Course Description: This course introduces the IFSB Guidance Note (GN-11) on Climate-Related Financial Risks (CRFR) and examines how climate change can impact the financial soundness of Islamic banking institutions. It explores both physical and transition risks, their implications for Sharīʿah-compliant contracts and portfolios, and the integration of climate risk into governance, risk management, and disclosure practices. Participants will learn how Islamic banks can align their frameworks with IFSB and global sustainability standards, including TCFD and ISSB recommendations. Case studies and workshops provide practical tools for identifying, assessing, and mitigating climate risks while supporting Sharīʿah objectives, ESG and SDG.  Qualification: Participants should have a basic understanding of Islamic finance and sustainability.  This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_RnDDqkkwSSi_lhuRI_GtmQ

Course Description: With the growing recognition of Islamic Finance instrument, Sukuk has emerged as an accepted method of capital raising. This course provides authorities with a focused, practical, and fully integrated understanding of Sukuk structuring across, financial, legal and Shariah dimension within the broader context of international standard-setting and capital market oversight. It examines the macro-financial role of Sukuk in public finance and market development, while also covering the practical aspects of structuring, issuance, pricing, credit rating, and operationalization of Sharīʿah contracts. The course emphasizes the operational application of key IFSB Standards to strengthen participants’ ability to evaluate Sukuk structures, assess disclosure practices, and support effective supervisory implementation in line with evolving market developments. Through case-based diagnostics, participants will examine the financial market infrastructure, apply relevant IFSB guidance in supervisory and disclosure assessments, liquidity management, and Sharīʿah governance, and identify vulnerabilities, disclosure gaps, and governance challenges in Sukuk markets. Qualification: Participants should be securities regulators, supervisors, central bank officials, or debt management officers involved in Islamic capital market development and sovereign financing strategies. A fundamental understanding of debt securities is required, while prior exposure to Sukuk is preferred.

Course Description: This programme is designed to enhance the capacity of RSAs in deepening the participants’ understanding of the Basel Core Principles for Effective Banking Supervision (BCP), as the foundational benchmark for sound supervision, complemented with the IFSB Core Principles for Islamic Finance Regulation (Banking Segment) (CPIFR) to address the unique risk characteristics of Islamic finance.  Focusing on assessing the financial system stability and ensuring compliance with the international standards, the course leverages the complementarity and close interlinkages between these frameworks. Through a combination of expert‑led sessions, case studies, group work, and guided discussions, participants will engage in practical, scenario‑based exercises that replicate real‑world supervisory challenges. The training approach prioritizes hands‑on application to strengthen participants’ ability to assess risks, identify supervisory gaps, and formulate appropriate regulatory responses. Qualifications: Participants should be mid- to senior-level officers from banking regulatory and supervisory authorities (RSAs), with at least five years of relevant experience in banking regulation, supervision, examination, risk management, or financial sector surveillance. Familiarity with the BCP is required, while knowledge of the IFSB CPIFR is highly recommended.