Workshop

This online workshop is jointly organized between IFSB and the International Islamic Liquidity Management (IILM) for the Central Bank of Nigeria to discuss topics related to Islamic capital markets (ICM). The workshop, which will last for 4 days, will present introductions to Islamic finance and Islamic capital markets before discussing IFSB-19 (Guiding Principles on Disclosure Requirements for ICM Products (Sukuk and ICIS). The last day in the workshop will be conducted by IILM which will introduce the participants with examples of sukuk issued by IILM as a sharia-compliant liquidity management instrument along with the application of IILM asset structuring.

 The Regulatory and Supervisory Authorities (RSAs) Workshops is an annual event organized by IFSB and dedicated to all its RSAs Members. These workshops cover topics related to the three main Islamic financial sectors namely Islamic banking, Islamic capital market and Takaful (Islamic insurance). The workshops focus primarily on IFSB prudential and regulatory standards as an endeavor to create awareness regarding the best practices in the light of these standards. The first set of RSA workshops for this year will be covering Islamic capital market segment during 29-30 August 2022. Beside presenting an outlook for the Islamic capital markets, two IFSB standards will be discussed namely IFSB-26 (Islamic finance Regulation – Islamic financial infrastructure) and IFSB-19 (Disclosure requirements for Islamic capital market products). The second set of the RSA workshops will be conducted on 5-6 September 2022 for the Islamic banking segment where two IFSB standards will be presented. The first is IFSB-16 (Key elements in supervisory review process of IIFS), while the second standard will be about IFSB-22 (Disclosure to promote transparency and market discipline for IIFS). Takaful segment will be covered through IFSB-20 (Key elements in supervisory review process for takaful/retakaful) and IFSB-25 (Disclosure to promote transparency and market discipline for takaful/retakaful). This is scheduled on 7-8 September 2022. All RSAs workshops will be conducted online and are open for IFSB RSAs Members only based on invitations.   Downloadable Document(s) RSAs Workshop 2022

This workshop is conducted upon the request of the Financial Services Authority of Indonesia (OJK) to introduce participants with the latest IFSB standard related to capital adequacy which is IFSB-23 (Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS)). The 3-day workshop will discuss topics like capital adequacy and macroprudential measures, regulatory capital, principles for minimum capital requirements based on credit, market risk and operational risks, capital requirements for various Islamic financial contracts, among other aspects.

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offering capacity development initiatives including FIS Workshops for IFSB members. This regional workshop will be conducted virtually on 2 March 2023, covering Islamic banking segment with the following details. SESSION 1 IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) Understanding risks in IIFS Sound risk management for IIFS Focus on credit, operational, liquidity, rate of return and equity investment risks SESSION 2 IFSB–17: Core Principles for Islamic Finance Regulation (CPIFR)  Overview of the Standard Key Principles of the Standard Focus on CPIFR related to: Treatment of Investment Account Holders, Corporate Governance, Shari'ah Governance Framework, Risk Management Process, Capital Adequacy, Islamic "Windows" Operations The workshop will be delivered in French. ***REGISTRATION IS BY INVITATION ONLY***

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This workshop is dedicated to Capital Market Authority (CMA) in Oman and is conducted alongside with the 59th Technical Meeting in the Sultanate of Oman. The sessions are designed to cover various IFSB Standards that are relevant for Islamic Capital Market and Takaful sectors.

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This workshop is conducted upon the request of the Financial Services Authority of Indonesia (OJK) as a continuation of last year's workshop on IFSB-23 (Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS)). The 2-day workshop aims to discuss deeper on topics relevant to capital adequacy and macroprudential measures, regulatory capital, principles for minimum capital requirements based on credit, market risk and operational risks, capital requirements for

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This capacity building for market players (CBM) workshop is held alongside with the 59th Technical Meeting in the Sultanate of Oman. As a collaborative event with the Central Bank of Oman, the 2-day workshop consists of eight (8) sessions focusing on Islamic Banking with the following details to cover: IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (IIFS) IFSB-23: Revised Capital Adequacy Standard for IIFS GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This regional workshop will be conducted virtually on 16 May 2023 at 10.00 to 14.35 (GMT+3), covering Islamic banking segment with the following details. SESSION 1 IFSB-17: Core Principles for Islamic Finance Regulations (Banking Segment) CPIFR 14: Treatment of Investment Account Holders (IAHs) CPIFR 15 Corporate Governance CPIFR 16 Shariah Governance Framework CPIFR 17 Risk Management Process CPIFR 18 Capital Adequacy CPIFR 32 Islamic "Windows" Operations SESSION 2 IFSB–23: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (Banking Segment) Regulatory Capital Principles for Minimum Capital Requirements Capital Requirements for Islamic Financing and Investment Activities The workshop is free of charge and will be delivered in Arabic. Registration is open to ALL IFSB MEMBERS (with your official e-mail) through this link: ifsb-secretariat.webex.com/weblink/register/r57840a3a75f9cbb742d3bbcb62835d55 For further information, please reach out to Mr. Muhammad Jidda Tom, [email protected] (CC: [email protected]). ***REGISTRATION IS OPEN FOR IFSB MEMBERS ONLY***

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the Securities and Exchange Commission (SEC) of Nigeria and will be conducted virtually on 8 June 2023, covering Islamic Capital Market segment. The workshop focuses on IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukūk and Islamic Collective Investment Schemes).

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to Astana International Financial Center (AIFC) of Kazakhstan and will be conducted virtually on 30-31 May 2023, covering Islamic banking segment. The workshop focuses on stress testing for Intitutions offering Islamic Financial Services (IIFS) such as IFSB-13: Guiding Principles on Stress Testing for IIFS (Banking Segment) and TN-2: Technical Note on Stress Testing for IIFS (Banking Segment).

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the Securities and Exchange Commission (SEC) of Nigeria and will be conducted during their visit to Kuala Lumpur, Malaysia on 12 July 2023, highlighting global trends and developments of Islamic capital market as well as brief summary on relevant IFSB Standards. The in-depth discussion focuses on GN-8: Guidance Note on Deepening the Islamic Capital Market.

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the the Insurance and Private Pension Regulation and Supervision Agency (IPRSA) of Türkiye  and will be conducted virtually on 19 to 23 June 2023, covering Takāful segment. The workshop will cover the following standards and practices in some other jurisdictions. IFSB-20:  Key Elements in the Supervisory Review Process (SRP) IFSB-25:  Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings IFSB-27:  Core Principles for Islamic Finance Regulation (CPIFR-Takaful)