Capacity Building

Capital Adequacy Transparency and Market Discipline Programme - Event Session(s) Date Time Topics Day 1 00/00/0000 11:00 - 12:00 Session 1 (Workshop Day 1) Basel Capital Adequacy Framework An overview of IFSB Capital Adequacy Standard (IFSB-2) Capital Adequacy Formulas Day 2 19/04/2010 WORKSHOP ON CAPITAL ADEQUACY 09:30 - 10:00 Registration 10:00 - 10:30 Opening Session / Welcoming Speech / Introductory Speech / Opening Speech 10:30 - 11:00 Coffee Break 12:00 - 12:15 Break 12:15 - 13:45 Session 2 Measurement of Capital Adequacy Requirements for Credit Risk Credit Risk Mitigation Examples Group Exercise 13:45 - 15:00 Lunch and Prayer 15:00 - 16:30 Session 3 Measurement of Capital Adequacy Requirements for Market Risk Group Exercise 16:30 - 17:00 Coffee Break Day 3 20/04/2010 10:00 - 11:30 Session 4 (Workshop Day 2) Measurement of Capital Adequacy Requirements for Operational Risk Individual Exercise Impact of PSIA and Alpha-Factor on Capital Adequacy of IIFS Examples 11:30 - 12:00 Coffee Break 12:00 - 13:30 Session 5 Case study : Measurement of Capital Adequacy Ratios of an IIFS Group Exercise and Discussion 13:30 - 15:00 Lunch 15:00 - 16:30 Session 6 Case Study: Impact of PSIA and Profit Sharing Modes on Capital Adequacy Ratio Group Exercise and Discussion 16:30 - 17:00 Coffee Break Day 4 21/04/2010 10:00 - 11:25 Session 1 (Workshop Day 3) The Concept of Transparency and International Standards on TMD Disclosures to Promote TMD for Institutions Offering Islamic Financial Services (IIFS) (IFSB–4)- An overview IFSB – 4 – Necessary Conditions for Effective TMD IFSB – 4 – Recommended Disclosures for IIFS Group Case Study-1 and Discussion 11:30 - 12:00 Coffee Break 12:00 - 13:30 Session 2 IFSB – 4 – Recommended Disclosures for IIFS (Cont’d) IFSB – 4 – Implementation Issues and Challenges Group Case Study-2 and Discussion 13:30 - 14:00 Lunch 15:00 - 16:30 Session 3 Survey on the Practices of TMD in IIFS among IFSB Members Countries Group Case Study-3 and Discussion 16:30 - 17:00 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Programme

Introduction to Islamic Finance & the IFSB Standards Supervisory Review Process Programme - Event Session(s) Date Time Topics Day 1 01/08/2010 WORKSHOP ON INTRODUCTION TO ISLAMIC FINANCE AND THE IFSB STANDARDS (SPEAKER : RONALD RULINDO, SENIOR EXECUTIVE, IFSB) 09:00 - 09:15 Registration 09:15 - 09:30 Opening 09:30 - 10:45 Session 1 - Concept and Contracts of Islamic Finance 10:45 - 11:15 Coffee Break 11:15 - 12:45 Session 2 Products of Islamic Financial Services Institution 12:45 - 13:45 Lunch & Prayer 13:45 - 15:15 Session 3 Overview of the IFSB Standards and Guiding Principles 15:15 - 16:00 Session 4 Case Studies and Discussion 16:00 - 15:30 Coffee Break Day 2 02/08/2010 WORKSHOP ON SUPERVISORY REVIEW PROCESS (SRP) (SPEAKER : ZAHID UR REHMAN KHOKER, ASSISTANT MANGER, IFSB) 09:00 - 10:30 Session 1 An overview of Supervisory Review Process Standard Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH 10:30 - 11:00 Coffee Break 11:00 - 12:30 Session 2 Risk Management and Corporate Governance (RM, CG, Audit and Compliance) Related Party Transaction 12:30 - 13:30 Lunch & Prayer 13:30 - 15:00 Session 3 Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Real Estate Investments 15:00 - 16:00 Session 4 Case Analysis (I) & Discussion Case Analysis (II) & Discussion 16:00 - 16:30 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format

This Workshop is hosted by the Hong Kong Monetary Authority. Participation in the Workshop is BY INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 27/09/2010 WORKSHOP ON INTRODUCTION TO ISLAMIC FINANCE AND CAPITAL ADEQUACY REQUIREMENTS FOR SUKūK, SECURITISATIONS AND REAL ESTATE INVESTMENTS 09:00 - 09:30 Registration 09:30 - 09:50 Opening Session 09:50 - 11:00 Session 1 Concept and Products of Islamic Finance 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 An Overview of Capital Adequacy Standards for Institutions (Other than Insurance Institutions) offering only Islamic Financial Services 13:00 - 14:00 Breaks 14:00 - 15:30 Session 3 An Overview of the Standard on Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments 15:30 - 16:00 Coffee Break 16:00 - 17:30 Session 4 Capital Requirements for Sukūk, Securitisations and Real Estate Investments Day 2 28/09/2010 WORKSHOP ON SHARIAH GOVERNANCE SYSTEMS FOR ISLAMIC FINANCIAL INSTITUTIONS AND GOVERNANCE FOR ISLAMIC COLLECTIVE INVESTMENT SCHEMES 09:30 - 11:00 Session 1 An Overview of Guiding Principles on Shariah Governance Systems for Institutions offering Islamic Financial Services 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 An Overview of Guiding Principles on Governance for Islamic Collective Investment Schemes 13:00 - 14:00 Breaks 14:00 - 15:30 Session 3 Recommended Best Practices on Governance for Islamic Collective Investment Schemes 15:30 - 16:00 Coffee Break 16:00 - 17:00 Session 4 Case Studies and Discussion Downloadable Document(s) 1.) Event Session(s) - PDF Format

Workshop on Compilation of Prudential and Strcutural Islamic Finance Indicators Participation in the Seminar is BY INVITATION only. Programme - Event Session(s) Date Time Topics Day 1 30/09/2010 09:30 - 09:35 Opening Remarks 09:35 - 11:00 Session 1 11:00 - 11:30 Coffee and Networking Break 11:30 - 13:00 Session 2 13:00 - 14:30 Lunch and Prayer 14:30 - 16:30 Session 3 Day 2 01/10/2010 09:30 - 11:00 Session 4 11:00 - 11:15 Coffee and Networking Break 11:30 - 13:00 Session 5 13:00 - 14:15 Lunch and Jummaat Prayer 14:15 - 16:30 Session 5 (Continuation) 16:30 - 17:00 Closing session Downloadable Document(s) 1.) Event Session(s) - PDF Format

Risk Management | Corporate Governance | Shariah Governance Systems Programme - Event Session(s) Date Time Topics Day 1 18/10/2010 09:00 - 09:30 Registration 09:30 - 09:45 Welcoming Remark / Introductory Speech 09:45 - 11:00 Session 1: Introduction to Islamic Bank: Concept of Islamic Finance 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2: Introduction to Islamic Banking: Contracts and Structures of Islamic Banking Products 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 3: Background and Overview of Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services (IFSB-1) IFSB-1 – Focus on Credit Risk IFSB-1 – Focus on Equity Risk IFSB-1 – Focus on Operational Risk Day 2 19/10/2010 09:30 - 11:00 Session 1 IFSB-1 – Focus on Market Risk IFSB-1 – Focus on Liquidity Risk IFSB-1 – Focus on Rate of Return Risk 11:15 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Intensive Case Study – 1 • Financial Distress and Failure of Non-IIFS Intensive Case Study – 2 • Managing Shari’ah non-compliance and legal risk in IIFS Intensive Case Study – 3 • Failure of an IIFS-A: Risk Management Perspective 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 3 Corporate Governance Standard Day 3 20/10/2010 09:30 - 11:00 Session 1 Corporate Governance Standard 11:10 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Shari’ah Governance Standard 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 3 Shari’ah Governance Standard Downloadable Document(s) 1.) Event Session(s) - PDF Format

IFSB Standards for Regulatory and Supervisory Authorities of the IFSB Member Countries Programme - Event Session(s) Date Time Topics Day 1 08/11/2010 IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) 09:00 - 09:30 Registration 09:30 - 09:45 Opening Session 09:45 - 11:15 Session 1 Introduction to Islamic Banking: Contracts and Structures of Islamic Banking Products Background and An Overview of IFSB-1 : Risk Management Standard IFSB-1 – Focus on Credit Risk & Supervisory Perspective IFSB-1 – Focus on Equity Risk & Supervisory Perspective IFSB-1 – Focus on Operational Risk & Supervisory Perspective 11:15 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Intensive Case Study – 1 and Discussions - Financial Distress and Failure of Non-IIFS Intensive Case Study – 2 and Discussions - Managing Shari’ah non-compliance and legal risk in IIFS 13:00 - 14:00 Lunch and Prayers 14:00 - 15:00 Session 3 IFSB-1 – Focus on Market Risk & Supervisory Perspective IFSB-1 – Focus on Liquidity Risk & Supervisory Perspective IFSB-1 – Focus on Rate of Return Risk & Supervisory Perspective 15:00 - 15:30 Coffee Break 15:30 - 17:00 Session 4 Group Exercise – 1 and Discussions - Income Gap Analysis and Benchmark Rate Risk: Relationship between Market, rate of return, and liquidity risk Intensive Case Study – 3 - Failure of an IIFS-A: Risk Management Perspective Day 2 09/11/2010 IFSB-2 : CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) 09:30 - 11:00 Session 1 Basel Capital Adequacy Framework An overview of IFSB-2 : Capital Adequacy Standard Capital Adequacy Formulas 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Measurement of Capital Adequacy Requirements for Credit Risk - Credit Risk Mitigation - Examples - Group Exercise 13:00 - 14:00 Lunch and Prayers 14:00 - 15:30 Session 3 Measurement of Capital Adequacy Requirements for Market Risk Group Exercise 15:30 - 16:00 Coffee Break 16:00 - 17:30 Session 4 Measurement of Capital Adequacy Requirements for Operational Risk - Individual Exercise Impact of PSIA and Alpha-Factor on Capital Adequacy of IIFS - Examples Case Study Day 3 10/11/2010 IFSB-7 : CAPITAL ADEQUACY REQUIREMENTS FOR SUKUK, SECURITISATIONS AND REAL ESTATE INVESTMENT AND GN-1 : GUIDANCE NOTE IN CONNECTION WITH THE CAPITAL ADEQUACY STANDARD: RECOGNITION OF RATINGS BY EXTERNAL CREDIT ASSESSMENT INSTITUTIONS (ECAIS) ON SHARI`AH-COMPLIANT FINANCIAL INSTRUMENTS 09:30 - 11:00 Session 1 An Overview of IFSB-7 : Capital Adequacy Requirements for Sukuk, Securitisations and Real Estate Investments 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Capital Requirements for Sukuk and Securitisations 13:00 - 14:00 Lunch & Prayers 14:00 - 15:30 Session 3 Capital Requirements for Real Estate Investments Case Study 15:30 - 16:00 Coffee Break 16:00 - 17:30 Session 4 GN-1 : Recognition of Rating by External Credit Assessment Institutions (ECAIs) on Shari’ah Compliant Financial Instruments Day 4 11/11/2010 IFSB-3 : GUIDING PRINCIPLES ON CORPORATE GOVERNANCE FOR INSTITUTIONS OFFERING ONLY ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS AND IFSB-4 : DISCLOSURES TO PROMOTE TRANSPARENCY AND MARKET DISCIPLINE FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS) 09:30 - 11:00 Session 1 IFSB-3 : Corporate Governance for IIFS 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Recommended Best Practices on Corporate Governance for the IIFS Case Studies 13:00 - 14:00 Lunch & Prayers 14:00 - 15:30 Session 3 Overview of the IFSB-4 : Disclosure to Promote Transparency & Market Discipline Recommended Disclosures for IIFS 15:30 - 16:00 Coffee Break 16:00 - 17:30 Session 4 Recommended Disclosures for IIFS (continued) Case Studies Day 5 12/11/2010 IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS OF INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS) AND IFSB-10 : GUIDING PRINCIPLES ON SHARIAH GOVERNANCE SYSTEMS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES 09:30 - 11:00 Session 1 Necessary Conditions for Effective Supervision Capital adequacy, Risk Management and Corporate Governance Related Party Transaction Consolidated Home-Host Supervision Supervisory Issues in Real Estate Investments Supervisory Issues in Islamic Windows 11:00 - 11:30 Coffee Break 11:30 - 12:30 Session 2 Case Studies 12:30 - 14:30 Lunch and Jumaat Prayer 14:30 - 15:30 Session 3 Recommendation on IFSB-10 : Shari’ah Governance Systems 15:30 - 16:00 Coffee Break 16:00 - 17:00 Session 4 Case Studies 17:00 - 17:30 Closing Ceremony Downloadable Document(s) 1.) Event Session(s) - PDF Format

This workshop is hosted by the Central Bank of Djibouti. Participation in the Workshop is BY INVITATION only. Programme - Event Session(s) Date Time Topics Day 1 22/11/2010 WORKSHOPS ON INTRODUCTION TO ISLAMIC FINANCE, IFSB-2 : CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) AND IFSB-7 : CAPITAL ADEQUACY REQUIREMENTS FOR SUKUK, SECURITISATIONS AND REAL ESTATE INVESTMENT 09:00 - 09:30 Registration 09:30 - 09:45 Welcoming Remark / Introductory Speech 09:45 - 11:15 Session 1 Introduction to Islamic Finance 11:15 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Introduction to Islamic Banking Operations 13:00 - 14:00 Lunch 14:00 - 16:00 Session 3 Overview of the IFSB-2 : Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) and IFSB-7 : Capital Adequacy Requirements for Sukuk, Securitisations and Real Estate investment Day 2 23/11/2010 WORKSHOPS ON IFSB-2 : CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) AND IFSB-7 : CAPITAL ADEQUACY REQUIREMENTS FOR SUKUK, SECURITISATIONS AND REAL ESTATE INVESTMENT 09:30 - 11:00 Session 4 Measuring Capital Adequacy for Credit Risk 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5 Measuring Capital Adequacy for Market Risk 13:00 - 14:00 Lunch 14:00 - 16:00 Session 6 Measuring Capital Adequacy for Operational Risk Calculating of the Capital Adequacy Ratio Day 3 24/11/2010 WORKSHOP ON IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (IIFS) 09:30 - 11:00 Session 7 Overview of IFSB 1 : Guiding Principles of Risk Management for Institutions Offering Islamic Financial Services (IIFS) • IFSB-1 – Focus on Credit Risk • IFSB-1 – Focus on Equity Risk • IFSB-1 – Focus on Operational Risk 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8 IFSB 1 : Guiding Principles of Risk Management for (IIFS) (cont.) • IFSB-1 – Focus on Market Risk • IFSB-1 – Focus on Liquidity Risk • IFSB-1 – Focus on Rate of Return Risk 13:00 - 14:00 Lunch 14:00 - 16:00 Session 9 IFSB 1 : Guiding Principles of Risk Management for (IIFS) (cont.) • Case Studies Downloadable Document(s) 1.) Event Session(s) - PDF Format  

This workshop is hosted by the Central Bank of Egypt. This workshop will address the following IFSB Standards: -IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 18/01/2011 INTRODUCTION TO ISLAMIC FINANCE AND IFSB-2: CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) 09:00 - 09:30 Registration 09:30 - 09:45 Welcoming Remark 09:45 - 11:00 Session 1 Introduction to Islamic Banking : Concept of Islamic Finance 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 Overview of the IFSB-2 : Capital Adequacy Standard : - Basel Capital Adequacy Framework An overview of IFSB-2 : Capital Adequacy Standard for IIFS Capital Adequacy Formulas 13:00 - 14:00 Lunch & Prayers 14:00 - 16:00 Session 3 Measurement of Capital Adequacy Requirements for Credit Risk : - Calculation of Credit Risk in IIFS Credit Risk Mitigation Examples Group Exercise Day 2 19/01/2011 IFSB-2 : CAPITAL ADEQUACY STANDARD FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES (IIFS) 09:30 - 11:00 Session 4 Measurement of Capital Adequacy Requirements for Market Risk : - Calculation of Market Risk in IIFS Examples Group Exercise 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5 Measurement of Capital Adequacy Requirements for Operational Risk : - Calculation of Operational Risk in IIFS Individual Exercise CAR Formulas Examples 13:00 - 14:00 Lunch & Prayers 14:00 - 16:00 Session 6 Case Study Group Discussion Day 3 20/01/2011 IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS OF INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKAFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS) 09:30 - 11:00 Session 7 Overview of the IFSB-5 : Supervisory Review Process : - Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Risk Management and Corporate Governance (RM, CG, Audit and Compliance) Related Party Transactions 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8 Disclosure to Promote Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Real Estate Investments 13:00 - 14:00 Lunch & Prayers 14:00 - 16:00 Session 9 Case Analysis (1) & Discussion Case Analysis (2) & Discussion Downloadable Document(s) 1.) Event Session(s) - PDF Format

This workshop is hosted by Securities Commission Malaysia. This workshop will address the following IFSB standards: -IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes -IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment -IFSB-9: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services -IFSB-10: Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services Participation is by INVITATION only. For more information on the Workshops, please email to Ms. Yazmin Aziz Email: [email protected]. Programme - Event Session(s) Date Time Topics Day 1 16/03/2011 WORKSHOPS ON GUIDING PRINCIPLES ON GOVERNANCE FOR ISLAMIC COLLECTIVE INVESTMENT SCHEMES AND CAPITAL ADEQUACY REQUIREMENTS FOR SUKūK, SECURITISATIONS AND REAL ESTATE INVESTMENTS 09:00 - 09:30 Registration 09:30 - 09:50 Opening Session 09:50 - 11:00 Session 1 : An Overview of IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes 11:00 - 11:30 Breaks 11:30 - 13:00 Session 2 : Recommended Best Practices on Governance for Islamic Collective Investment Schemes and Case Studies 13:00 - 13:00 Lunch 14:00 - 15:30 Session 3 : IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment 15:30 - 16:00 Breaks 16:00 - 17:30 Session 4 : Case Studies on Capital Adequacy Requirements for Sukûk and Securitisations Day 2 17/03/2011 WORKSHOPS ON GUIDING PRINCIPLES ON CONDUCT OF BUSINESS AND SHARIAH GOVERNANCE SYSTEMS FOR ISLAMIC FINANCIAL INSTITUTIONS 09:30 - 11:00 Session 1 : Insight into IFSB-9: Guiding Principles on Conduct of Business for Institutions offering Islamic Financial Services 11:00 - 11:30 Breaks 11:30 - 13:00 Session 2 : Case Studies on Conduct of Business for Institutions Offering Islamic Financial Services 13:00 - 14:00 Lunch 14:00 - 15:30 Session 3 : Overview of IFSB-10: Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services 15:30 - 16:00 Breaks 16:00 - 17:30 Session 4 : Case Studies on Shari’ah Governance System Downloadable Document(s) 1.) Event Session(s) - PDF Format

The Workshop is hosted by Bank Indonesia. This workshop will address the following IFSB Standards and Guidance Notes: -IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -IFSB-7: Capital Adequacy Requirements for Sukûk, Securitisations and Real Estate investment -IFSB-11: Standard on Solvency Requirements for Takâful (Islamic Insurance) Undertakings -GN-3: Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders -GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services For more information on the Workshop, please contact Ms Yazmin Aziz at [email protected].  

This workshop is hosted by the Central Bank of Jordan and supported by the Institute of Banking Studies (IBS). This workshop will address the following IFSB Standards and Guidance Note: -IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) -IFSB-3: Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds -IFSB-5: Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) -IFSB-10: Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services -GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services Participation in the Workshop is by INVITATION only. For more information on the Workshop, please email to Ms. Yazmin Aziz at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 17/10/2011 WORKSHOP ON ISLAMIC FINANCE : CONCEPTS, CONTRACTS AND RISK IMPLICATIONS FOR IIFS BY MR. JAMSHAID ANWAR CHATTHA WORKSHOP ON IFSB-1 : GUIDING PRINCIPLES OF RISK MANAGEMENT FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES (IIFS) BY MR. JAMSHAID ANWAR CHATTHA 09:00 - 09:30 Registration 09:30 - 09:45 Opening Session Mr. Abdelilah Belatik, Assistant Secretary-General, Islamic Financial Services Board H.E. Khouloud Saqqaf, Deputy Governor, Central Bank of Jordan 09:45 - 11:00 Session 1 Islamic Finance: Concepts, Contracts and Risk Implications for IIFS 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 2 IFSB-1 : Guiding Principles of Risk Management for Institutions Offering Islamic Financial Services (IIFS) -Focus on Credit Risk -Focus on Equity Risk -Focus on Operational Risk Case Study & Discussion : -Case Study – 1: Managing Shari’ah Non-Compliance and Legal Risk in IIFS 13:00 - 14:00 Lunch 14:00 - 16:00 Session 3 IFSB-1 : Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) : -Focus on Market Risk -Focus on Liquidity Risk -Focus on Rate of Return Risk Case Studies & Discussion : -Case Study – 2: Financial Distress and Failure of Non-IIFS -Case Study – 3: Failure of an IIFS : A Risk Management Perspective Special Session on Recent Developments in Risk Management Practices and Recent Financial Crisis Day 2 18/10/2011 WORKSHOP ON IFSB-3 : GUIDING PRINCIPLES ON CORPORATE GOVERNANCE FOR INSTITUTIONS OFFERING ONLY ISLAMIC FINANCIAL SERVICES (EXCLUDING ISLAMIC INSURANCE (TAKÂFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS BY MR. ABOZER MAJZOUB WORKSHOP ON IFSB-10 : GUIDING PRINCIPLES ON SHARÎAH GOVERNANCE SYSTEMS FOR INSTITUTIONS OFFERING ISLAMIC FINANCIAL SERVICES BY MR. ABDELILAH BELATIK 09:30 - 11:00 Session 4 IFSB-3 : Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds : -Overview of Corporate Governance -Understanding the Motivating Factors -Defining ‘Corporate Governance’ (CG) and ‘Stakeholders’ in the Context of IIFS -Corporate Governance (CG) Issues Specific to IIFS -An Insight of the IFSB Guiding Principles of CG for IIFS -Recommendations of the IFSB-3 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5 IFSB-3 : Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (Excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds : Case Studies & Discussion : -Case Study – 1 -Case Study – 2 13:00 - 14:00 Lunch 14:00 - 16:00 Session 6 IFSB-10 : Guiding Principles on Sharîah Governance Systems for Institutions offering Islamic Financial Services : -Overview of Sharîah Governance Systems -General Approach to Sharîah Governance Systems -Criteria for Sound Sharîah Governance Systems -Case Study & Discussion Day 3 19/10/2011 WORKSHOP ON GN-4 : GUIDANCE NOTE IN CONNECTION WITH THE IFSB CAPITAL ADEQUACY STANDARD: THE DETERMINATION OF ALPHA IN THE CAPITAL ADEQUACY RATIO FOR INSTITUTIONS (OTHER THAN INSURANCE INSTITUTIONS) OFFERING ONLY ISLAMIC FINANCIAL SERVICES BY MR. JAMSHAID ANWAR CHATTHA WORKSHOP ON IFSB-5 : GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS FOR IIFS (EXCLUDING ISLAMIC INSURANCE (TAKÂFUL) INSTITUTIONS AND ISLAMIC MUTUAL FUNDS) BY MR. ABOZER MAJZOUB 09:30 - 11:00 Session 7 GN-4 : Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for Institutions (other than Insurance Institutions) offering only Islamic Financial Services. Case Study & Discussion : -Case Study – 1: Calculation and Determination of Alpha for CAR 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8 IFSB-5 : Guidance on Key Elements in the Supervisory Review Process for IIFS (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds): -Infrastructure for Effective Supervision -Regulatory Capital Requirements -Treatment of IAH -Risk Management and Corporate Governance (RM, CG, Audit and Compliance) -Related Party Transactions 13:00 - 14:00 Lunch 14:00 - 16:00 Session 9 IFSB-5 : Guidance on Key Elements in the Supervisory Review Process of Institutions offering Islamic Financial Services (excluding Islamic Insurance (Takâful) Institutions and Islamic Mutual Funds) : -Disclosure to Promote Transparency and Market Discipline -Consolidated and Home-host Supervision -Window Operations -Real Estate Investments -Case Analysis – 1 & Discussion -Case Analysis – 2 & Discussion 16:00 - 16:30 Closing Ceremony Dr. Riyad Hindawi, Manager, Institute of Banking Studies, Jordan Downloadable Document(s) 1.) Event Session(s) - PDF Format