Islamic Financial Services Board

IFSB-FIS Workshop Series (Sudan)
2016-01-11 09:00 - 2023-01-14 16:30 UTC | The Corinthia Hotel Khartoum, Sudan, Khartoum, Sudan
This 4-day workshop is tailored for the regulatory and supervisory authorities and the market players for the banking sector within Sudan. The major focus of the workshop will be on the most recent Guiding Principles which address the new global regulatory requirements for the supervisory review process and for liquidity management. The workshop will discuss the following IFSB Standards:

IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS
GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS

Overall, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;

Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and

Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

This Workshop is hosted by Central Bank of Sudan and participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at hamizi@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
11/01/2016
09:00 – 09:30
Registration

09:30 – 09:45
Opening Session by the IFSB and the CBOS Representatives

09:45 – 11:00
Session 1: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (SRP) Introduction to IFSB-16 Necessary Preconditions for Effective Supervision Additional Considerations in the Issuance of an IIFS License Supervisory Approaches in the Supervision of IIFS

11:00 – 11:30
Group Photo and Coffee Break

11:30 – 13:00
Session 2: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Regulatory Capital Requirements Guidance on the Slotting Method Treatment of IAH and Displaced Commercial Risk Advanced Approaches and Supervisory Discretion

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 3: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Internal Capital Adequacy Assessment Process (ICAAP) ICAAP Framework for IIFS Supervisory Review Process in ICAAP Case Study

16:00 – 16:30
Coffee Break

Day 2
12/01/2016
09:00 – 09:30
Registration

09:30 – 11:00
Session 4: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Corporate Governance Sharī`ah Governance Risk Management Processes Enterprise-wide Risk Management Framework

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Related Party Transactions Secrutisation Risk and Related Off-balance Sheet Exposures Special Purpose Entities (SPEs) and Key Considerations in the Supervisory Review Process Case Study

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 6: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Transparency and Market Discipline Consolidated and Home-host Supervision Supervisory College and IIFS Specific Issues Case Study

16:00 – 16:30
Coffee Break

Day 3
13/01/2016
09:00 – 09:30
Registration

09:30 – 11:00
Session 7: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Supervisory Review for Credit Concentration Risk Concentration Limits for Real Estate Investment Islamic Windows Operations Case Study

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Liquidity Risk Management and Supervision Sound Stress Testing Practices Sharī`ah-compliant Hedging Techniques Supervisory Transparency and Accountability

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 9: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the Liquidity Coverage Ratio (LCR) in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Operational Considerations for HQLA Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA

16:00 – 16:30
Coffee Break

Day 4
14/01/2016
09:00 – 09:30
Registration

09:30 – 11:00
Session 10: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Components of Total Net Cash Outflows Categories of Cash Outflow Cash Inflows Case Study

11:30 – 11:30
Coffee Break

11:30 – 13:00
Session 11: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Net Stable Funding Ratio (NSFR) Application of the NSFR in IIFS The Internal Liquidity Adequacy Assessment and Supervisory Liquidity Review Processes Application of LCR and NSFR

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 12: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Principles for Applying Alternative Liquidity Approaches Disclosure Requirements for LCR and NSFR Evaluation of the Market Liquidity of Assets Case Study

16:00 – 16:15
Closing & Certificate Giving Ceremony

16:15 – 16:45
Coffee Break

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshop Series (Tajikistan)
2017-03-28 08:30 - 2023-10-26 12:15 UTC | Dushnabe, Dushnabe, Dushnabe, Tajikistan
This 4-day workshop is tailored for the National Bank of Tajikistan. It will discuss the introduction to Islamic finance and the following IFSB Standards:

IFSB-2: Capital Adequacy Standard for Institutions offering only Islamic Financial Services (IIFS)
IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS
GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (CAR) for IIFS

Overall, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

This Workshop is hosted by the National Bank of Tajikistan and supported by the Islamic Development Bank. Participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at hamizi@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
28/03/2017
08:30 – 09:00
Registration

09:00 – 09:30
Opening Remarks by the NBT and IFSB Representatives Group Photo

09:30 – 11:00
Session 1 – Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2 – IFSB-2: Capital Adequacy Standard for IIFS Need for Capital Regulation Pillar 1: Capital Adequacy Ratio (CAR): Understanding the Components of CAR CAR Formulas – Standard and Supervisory Discretion Treatment of PSIA – Supervisory Discretion Formula

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 3 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation

Day 2
29/03/2017
09:30 – 11:00
Session 4 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Measurement of Capital Adequacy Requirements for Market Risk Measurement of Market Risk Market Risk Weight Conversion Factor Case Study

11:00 – 11:30
Coffee Break

11:30 – 12:00
Session 5 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 6 – GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and Displaced Commercial Risk (DCR) Measurement of Risk Sharing in PSIA

Day 3
30/03/2017
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 IIFS (Cont’d) The Determination of Alpha and DCR Issues on Prudential Regulations and Requirements Role of Supervisory Authority in Determination of Alpha and DCR Case Study

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Necessary Preconditions for Effective Supervision Supervisory Approaches in the Supervision of IIFS Regulatory Capital Requirements Advanced Approaches and Supervisory Discretion

13:00 – 14:00
Lunch and Prayer

14:00 – 16:00
Session 9 -IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Internal Capital Adequacy Assessment Process (ICAAP) Corporate and Sharī’ah Governance Related Party Transactions Case Study

Day 4
31/03/2017
08:30 – 10:00
Session 10 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Transparency and Market Discipline Consolidated and Cross-sector Supervision Risk Concentrations in IIFS Case Study

10:00 – 10:15
Coffee Break

10:15 – 11:45
Session 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Islamic “Windows” Operations Liquidity Risk Management and Supervision Sound Stress Testing Practices Supervisory Transparency and Accountability

11:45 – 12:15
Closing & Certificate Giving Ceremony

39th Meeting of the Council of the Islamic Financial Services Board (IFSB) and Side Events
2021-12-07 - 2021-12-09 | United Arab Emirates, United Arab Emirates, United Arab Emirates, United Arab Emirates
The Secretariat is pleased to announce that the 39th Meeting of the Council will be held on Thursday, 9 December 2021 in the United Arab Emirates (UAE). A series of side events will also be held in conjunction with the Council meeting from 7 – 8 December 2021.

The 39th Meeting of the Council will be chaired by H.E. Khaled Mohamed Balama Al Tameemi, Governor of the Central Bank of the United Arab Emirates and Chairman of the IFSB for 2021.

Participation in the Council meeting is by invitation only. For inquiries and registration, please email Ms. Nissa at khairun.nissa@ifsb.org. More information will be posted on this page in the weeks ahead.

The IFSB and the Central Bank of the United Arab Emirates look forward to the participation of the IFSB members in the meeting and side events.

13th Public Lecture on Sustainability and Cyber Resilience
2021-12-08 16:00 - 21:00 UTC | Manama
Programme – Event Session(s)

Date
Time
Topics

Day 1
08/12/2021
16:00 – 16:30

Registration

16:30 – 16:45

Opening Remarks
Dr. Bello Lawal Danbatta, Secretary-General, IFSB

16:45 – 17:00

Welcoming Remarks
H.E. Khaled Mohamed Balama, Governor, CBUAE

17:00 – 17:10

Special Address
H.E. Abdul Aziz Al Ghurair, Chairman, UBF

17:10 – 17:45

Public Lecture 1: Islamic Finance and Sustainability: Synergies, Strategies and Risks
As the global economy gradually moves towards adopting a more sustainable development model, the Islamic finance industry has tremendous opportunities to meet the expanding needs in this segment. The principles of Islamic finance naturally form substantial synergies with the global sustainability agenda. While there have been several national-led as well as market-driven initiatives for issuance of sustainable Islamic financial products, a more substantial and wider transformation towards sustainable Islamic finance and related innovation requires collective action by policy-makers and regulators, market players and international bodies to ensure alignment and effectiveness of policies and strategies. Further growth in the supply of sustainable Islamic finance products also requires addressing some of the current gaps including information gaps to ensure the alignment of incentives, results measurement and effective risk management. The session aims to discuss the potential strategies and opportunities to harness the synergies between Islamic finance and sustainable development and important policy considerations.

17:45 – 18:15

Break

18:15 – 18:25

Keynote
H.E. Dr. Reza Baqir, Governor, SBP

18:25 – 19:00

Public Lecture 2: Cybersecurity in the Era of Digitalisation: Regulatory Perspective
Digitalisation of financial services has emerged as a powerful disruptor that is rapidly reshaping the real economy and the financial sector on a global scale. While digitalisation of Islamic finance also has the potential to deliver environmental outcomes and support a transformation in financing for sustainable development, the impact of digital finance will depend on policy and regulatory measures that, among other things, minimise any potential negative and unintended consequences such as cyber security risks. Hence, cyber security threats have captured prominent regulatory attention, especially financial stability implications and increased systemic risks due to financial interlinkages. While cyber risk is not unique to Islamic finance, it is an equally significant concern that presents new regulatory and supervisory challenges. The session aims to discuss critical considerations and gaps from a regulatory perspective, to improve cybersecurity as more Islamic financial institutions embrace digitalisation of their products and services.

19:00 – 21:00
Dinner

Webinar for the Public Hearing on TN-4 : Technical Note on Recovery and Resolution for Institutions Offering Islamic Financial Services (IIFS)
2021-12-14 | Online
In its 55th Technical Committee Meeting held on 28 October 2021, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of the of the following Exposure Draft (ED) :

Technical Note on Recovery and Resolution for Institutions Offering Islamic Financial Services (IIFS)

The Public Consultation will be for a period of 45 days, starting from 15 November 2021 until 29 December 2021.

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the TN-4 on 14 December 2021 at 2.30 PM (GMT +8.00, Malaysia time). Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Kindly register in advance for this webinar:

https://zoom.us/webinar/register/WN_zTBfdtU_RpaKxW0NV3qKgA

An email confirmation containing about joining the webinar will be sent after registration.

Ms. Fadhila Izzati Mokhtar (fadhila@ifsb.org) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar.

We look forward to receiving your registration for Public Hearing session as well as feedback on TN-4

Demystifying Crypto Currencies & Blockchain from a Shariah Perspective
2021-12-14 11:00 - 13:00 UTC | Online
Title: Demystifying Crypto Currencies & Blockchain from a Shariah Perspective
Date: Tuesday, 14th of December, 2021
Time: 11.00a.m. – 1.00p.m. (GMT +3)

Type: International Executive Webinar

Duration: 2 hours

Programme Overview:
The interest towards crypto-currencies and the technology that enables it, blockchain, is continuously increasing. There have been many discourses that have discussed the feasibility and nature of cryptocurrencies and its enabler technology. The outcome has been either to support it due to its many features that are unique compared to traditional fiat money, or to go against it, as it still contains elements that are heavily unregulated and may lead to a multitude of issues in terms of loss, involvement of illegal activities, and high volatility. This webinar seeks to thoroughly explain and deliberate the cryptocurrency specifically and blockchain in general from the angle of Shari’ah and how it is affecting the Islamic finance industry. As a result of the ever-growing interest on this topic, regulators are also expected to have certain measures in place as a much-needed response.
Programme Approach:
The programme will rely on Interactive online discussions through the provision of direct engagement with the subject matter experts and sharing of country and organisational experiences. The subject experts will first present their specific areas of discourse and this will then be followed by a Q and A session involving the moderator and audience.
Agenda:

Bahrain Time
Session

11.00a.m. – 11.10a.m.
Moderator Opening

Mr. Mujtaba Khalid (Head of Center for Islamic Finance – BIBF)

11.10a.m. – 11.20a.m.
Opening remarks

Dr. Bello Lawal Danbatta (Secretary-General – IFSB)

11.20a.m. – 12.20p.m.
Main Discussion

Examining cryptocurrency and blockchain from a Shariah perspective

Subject Matter Expert 1: Dr. Ahmad Asad, Principal Lecturer, BIBF

Subject Matter Expert 2: Dr. Shaban Burwari, Shariah Advisor, IFSB

12.20p.m. – 1.00p.m.
Question & Answer session led by moderator

4th Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools
2021-12-15 | Online
The 4th Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools is scheduled to be held as follow :

Date
15 December 2021

Time
4.30 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email to fadhila@ifsb.org.

Event Snapshots

Digital Transformation in Islamic Banking; A Case Study
2021-12-31 14:00 - 16:30 UTC | Online

6th Joint Working Group Meeting on Shariah Governance Framework for Institutions Offering Islamic Financial Services
2022-01-11 | Online
The 6th Joint Working Group Meeting on Revised Shariah Governance Framework for Institutions Offering Islamic Financial Services (RSGF) is scheduled to be held as follow :

Date
11 January 2022

Time
3.30 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the Working Group members only. For more information, please email to fadhila@ifsb.org.

Event Snapshots

2nd Working Group Meeting on Conduct of Business and its Prudential Supervision in Takaful Standard
2022-01-27 | Online
The 2nd Working Group Meeting on Conduct of Business and its Prudential Supervision in Takaful Standard is scheduled to held as follow :

Date
27 January 2022

Time
3.30 PM (GMT +8.00, KL time)

Venue
via web conference / webinar

Participation in the meeting is open for the Working Group members only. For more information please email to: fadhila@ifsb.org

Event Snapshots

Public Hearing on the ED-28 : Revised Standard on Solvency Requirements for Takaful/Retakaful Undertakings
2022-02-03 | Online
In its IFSB 4th Extraordinary Technical Committee Meeting held on 22 November 2021, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of the of the following Exposure Draft (ED) :

· Revised Standard on Solvency Requirements for Takaful / Retakaful Undertakings

The Public Consultation period will be from 20 December 2021 until 10 February 2022.

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-28 on 3 February 2022 at 3.30 PM (GMT +8.00, Malaysia time). Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Kindly register in advance for this webinar:

https://zoom.us/webinar/register/WN_1v1BxVF2QT6AvJVvte_Ttg

An email confirmation containing about joining the webinar will be sent after registration.

Ms. Fadhila Izzati Mokhtar (fadhila@ifsb.org) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar.

We look forward to receiving your registration for Public Hearing session as well as feedback on ED-28.

34th Meeting of the Arabic Editing Committee
2022-02-06 14:00 - 2022-02-15 18:00 (Asia/Kuala_Lumpur) | Online
The 34th Meeting of the Arabic Editing Committee of the IFSB is scheduled to be held online as follows:

Date
6 – 15 February 2022

Time
2:00 PM – 6:00 PM (Malaysia time)

Participation in the meeting is by invitation only. For more information please email to Ms. Nissa at khairun.nissa@ifsb.org

7th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS)
2022-02-07 | Online
The 7th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS) is scheduled to held as follow :

Date
7 February 2022

Time
3.00 PM (GMT +8.00, KL time)

Venue
via web conference / webinar

Participation in the meeting is open for the Task Force members only. For more information please email to: fadhila@ifsb.org

Event Snapshots

2nd Working Group Meeting of the Revised Guiding Principles on Corporate Governance for Institutions offering Islamic Financial Services [Banking Segment]
2022-02-08 | Online
The 2nd Working Group Meeting of the Revised Guiding Principles on Corporate Governance for Institutions offering Islamic Financial Services [Banking Segment] is scheduled to held as follow :

Date
8 February 2022

Time
3.30 PM (GMT +8.00, KL time)

Venue
via web conference / webinar

Participation in the meeting is open for the Working Group members only. For more information please email to: fadhila@ifsb.org

1st Meeting of IFSB IFSI Stability Report Quality Improvement Committee
2022-02-17 | Online
The ‘1st Meeting of IFSB IFSI Stability Report Quality Improvement Committee’ is scheduled to be held as follow :

Date
17 February 2022

Time
3.30 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the committee members only. For more information, please email to fadhila@ifsb.org.

5th Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools
2022-02-28 | Online
The 5th Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools is scheduled to be held as follow :

Date
28 February 2022

Time
4.30 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email to fadhila@ifsb.org.

FIS workshop - National Insurance Commission of Nigeria – NAICOM
2022-03-02 - 2022-03-03 | Online
This FIS Workshop is tailored for National Insurance Commission of Nigeria – NAICOM as part of IFSB’s implementation tools offered as membership benefits which are available to all members upon request.
The 2-day workshop covers IFSB-8: Guiding Principles on Governance for Takaful Undertakings and IFSB-11: Standard on Solvency Requirements for Takaful Undertakings.

7th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings
2022-03-09 | Online
The 7th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings is scheduled to be held as follow :

Date
9 March 2022

Time
3.00 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the Working Group members only. For more information, please email to fadhila@ifsb.org.

Event Snapshots

FIS workshop for National Bank of Tajikistan (NBT)
2022-03-09 - 2022-03-11 | Online
This FIS Workshop is tailored for the National Bank of Tajikistan as part of IFSB’s implementation tools offered as membership benefits which are available to all members upon request.

The 3-day workshop covers IFSB-15: Revised Capital Adequacy Standard and IFSB-16: Revised Guidance on Key Elements in The Supervisory Review Process.

15th IFSB-INCEIF/ISRA Consulting Executive Programme: Integrating Islamic Finance into Sustainable Finance: The Role of Regulators and Market Players (Islamic Capital Market Sector)
2022-03-16 | Executive Webinar
Theme: Integrating Islamic Finance into Sustainable Finance: The Role of Regulators and Market Players (Islamic Capital Market Sector)

Transitioning to sustainable finance and economies including mitigating climate change are amongst major issues that are currently at the forefront of the global consciousness. In recent years, there has been an increase in the efforts to promote more sustainable finance development, both within the public and the private sectors, including through Islamic finance sectors. Islamic finance should have strategic roles and contributions to take part in managing the impact of climate change and environmental, governance or social risks. Accordingly, Islamic finance activities designed to be, or labelled as, sustainable have increased particularly the ICM sector in recent years.

Some jurisdictions are taking policy or regulatory steps to enhance the role of the Islamic financial system in the transition towards sustainable finance development. There has also been increasing recognition of climate-related risks as a source of financial risk that can affect not only specific firms or sectors but more broadly the stability of the financial system. This has increased the focus by prudential regulators on these issues within their mandate of ensuring the resiliency of the financial system to material risks.

This executive program intends to discuss and elaborate the roles of regulators and market players in supporting sustainable finance particularly through the Islamic capital market (i.e. Islamic green sukuk and social sukuk).

FIS workshop for Securities and Exchange Commission of Pakistan (SECP)
2022-03-16 - 2022-03-17 | Online
This FIS workshop is tailored for the Securities and Exchange Commission of Pakistan (SECP) as part of IFSB’s implementation tools offered as membership benefits that are available to all members upon request.

The 2-day workshop covers two standards namely IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukuk and Islamic Collective Investment Schemes – ICIS) and IFSB-24: Guiding Principles on Investor Protection in Islamic Capital Markets

2nd Meeting of IFSB IFSI Stability Report Quality Improvement Committee
2022-03-21 | Online
The 2nd Meeting of IFSB IFSI Stability Report Quality Improvement Committee is scheduled to be held as follow:

Date
21 March 2022

Time
3.30 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the committee members only. For more information, please email to fadhila@ifsb.org.

56th Meeting of the Technical Committee
2022-03-24 | Manama
The Secretariat is pleased to announce that the 56th Meeting of the Technical Committee will be held online on Thursday, 24 March 2022.

Participation is by invitation only. For participation enquiries and registration for the meeting, please email to Ms. Nissa at khairun.nissa@ifsb.org

17th Task Force Meeting on Prudential and Structural Islamic Financial Indicators (PSIFIs)
2022-03-28 14:30 - 18:00 (Asia/Kuala_Lumpur) | Online
The 17th Task Force Meeting on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held via online as follows:

Date
28 March 2022 (Monday)

Time
14:30 – 18:00 (GMT +8.00, Malaysia Time)

Participation is by invitation only. For participation enquiries and registration for the meeting, please email to Ms. Nissa at khairun.nissa@ifsb.org

FIS workshop - Core Principles for Effective Islamic Deposit Insurance Systems
2022-03-31 15:30 - 18:30 UTC | Online
This workshop is dedicated for the “Core Principles for Effective Islamic Deposit Insurance Systems” which is a mutual standard between IFSB and International Association of Deposit Insurance (IADI) issued in 2021.
The standard covers topic related to Islamic deposit insurance such as public policy objectives, governance, relations with other safety net participants, cross-border issues, coverage, public awareness among other topics. It also addresses specificities of Islamic deposit insurance and key considerations for Investment Accounts.

The 1-day online workshop is open to all IFSB members for free as part of their membership benefits.
The outline of the workshop is as follows:
1- The need for the standard on Core Principles for Effective Islamic Deposit Insurance Systems (CPIDIS)

2- Required Islamic finance infrastructure for Islamic Deposit Insurance Systems (IDIS)

3- Discussion on 17 CPIDIS and mapping the International Association of Deposit Insurers’ Core Principles

4- Shariʻah Requirements and Specificities for IDIS Design

5- Key Considerations for Investment Accounts under an IDIS

The workshop will be conducted from 3.30 pm to 6.30 pm (Kuala Lumpur time). Registration can be done through the following link: bit.ly/3JLDzsN

7th Meeting of the Executive Committee
2022-04-13 | Manama
The Secretariat is pleased to announce that the 7th Meeting of the Executive Committee will be held online on Wednesday, 13 April 2022.

Participation is by invitation only. For participation enquiries and registration for the meeting, please email to Ms. Nissa at khairun.nissa@ifsb.org

FIS workshop - IFSB-26: Core Principles for Islamic Finance Regulation (Financial Market Infrastructures)
2022-04-14 15:30 - 18:30 UTC | Online
This workshop is dedicated for IFSB-26: Core Principles for Islamic Finance Regulation (Financial Market Infrastructures).

The standard presents overview of the key risks in Financial Marker Infrastructure (FMI) along with core principles for aspects related to the regulation of FMI such as legal basis, governance and Shariah governance, risk management, collateral, money settlements, physical deliveries, efficiency and effectiveness, disclosure, among others.

The 1-day online workshop is open to all IFSB members for free as part of their membership benefits.

The outline of the workshop is as follows:

1- Introduction to the standard

2- Key risks for Islamic Financial Market Infrastructures (FMIs)

3- Discussion on 25 Core principles for Islamic Finance Regulation

The workshop will be conducted from 3.30 pm to 6.30 pm (Kuala Lumpur time). Registration can be done through the following link: bit.ly/3gZNwpV

Public Hearing on the IFSB Guidance Note-8 : Deepening Islamic Capital Markets (ED-GN-8)
2022-04-21 | Online
In its IFSB 56th Technical Committee Meeting held on 24 March 2022, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation;

Guidance Note-8 on Deepening the Islamic Capital Markets (ED-GN-8)

The Public Consultation period will be from 25 March 2022 until 26 May 2022

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-GN-8 on Thursday, 21 April 2022 at 3.30 PM (GMT +8.00, Malaysia time). Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Kindly register in advance for this webinar:

https://zoom.us/webinar/register/WN_bvHjbNObTNmxM6EjOCz3RQ

An email confirmation containing about joining the webinar will be sent after registration.

Ms. Fadhila Izzati Mokhtar (fadhila@ifsb.org) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar.

We look forward to receiving your registration for Public Hearing session as well as feedback on ED-GN-8.

Event Snapshots

Public Hearing on the ED-27 : Core Principles for Islamic Finance Regulation [Takaful Segment]
2022-04-25 | Online
In its IFSB 56th Technical Committee Meeting held on 24 March 2022, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation;

Core Principles for Islamic Finance Regulation [Takaful Segement] – (ED-27)

The Public Consultation period will be from 25 March 2022 until 23 June 2022

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-27 on Monday, 25 April 2022 at 3.30 PM (GMT +8.00, Malaysia time). Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Kindly register in advance for this webinar:

https://zoom.us/webinar/register/WN_x89h6buGQW-zbZZ9qJyX4g

An email confirmation containing about joining the webinar will be sent after registration.

Ms. Fadhila Izzati Mokhtar (fadhila@ifsb.org) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar.

We look forward to receiving your registration for Public Hearing session as well as feedback on ED-27.

Event Snapshots

3rd Meeting of IFSB IFSI Stability Report Quality Improvement Committee
2022-04-26 | Online
The 3rd Meeting of IFSB IFSI Stability Report Quality Improvement Committee is scheduled to be held as follow :

Date
26 April 2022

Time
3.15 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the committee members only. For more information, please email to fadhila@ifsb.org.

Event Snapshots
