BEGIN:VCALENDAR VERSION:2.0 PRODID:-//Islamic Financial Services Board - ECPv6.15.18//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:Islamic Financial Services Board X-ORIGINAL-URL:https://www.ifsb.org X-WR-CALDESC:Events for Islamic Financial Services Board REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:UTC BEGIN:STANDARD TZOFFSETFROM:+0000 TZOFFSETTO:+0000 TZNAME:UTC DTSTART:20160101T000000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;VALUE=DATE:20181113 DTEND;VALUE=DATE:20181114 DTSTAMP:20260404T075005 CREATED:20181112T160025Z LAST-MODIFIED:20231228T011452Z UID:4726-1542067200-1542153599@www.ifsb.org SUMMARY:IFSB-IILM-IIFM Joint-Seminar on Islamic Capital Markets DESCRIPTION:Theme: Fostering Economic Development and Strengthening Financial Sector Resilience: The Role of Islamic Capital Market Instruments  \nThe program intends to facilitate an informed understanding of the participants regarding modern ICM instruments beyond traditional products and their use and role in supporting various developmental and economic/financial aspirations of a jurisdiction. The participants will also benefit through the cross-generation of ideas amongst the seminar audience to identify new innovations in the ICM to further streamline its adoption while also discussing practical measures to address any existing limitations restricting the widespread use and implementation of ICM instruments. Market players and service providers will also gain insights into the operational\, Shari’ah and regulatory considerations for offering ICM products and services. \nFor more information please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org \n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n13/11/2018\n08:00 – 08:30\nRegistration and Networking\n\n\n08:30 – 08:50\nWelcoming and Opening Remarks\n\n\n08:50 – 09:20\nSpecial Presentation\n\n\n09:20 – 10:00\nCoffee Break and Networking\n\n\n10:00 – 11:30\nSession 1: Panel Discussion on Sukuk – Have We Realised Its True Potential? Progresses made and milestones accomplished to-date in the global Sukuk market Diverse users of Sukuk to meet various economic\, developmental and financial needs Issues that remain unaddressed or that are limiting full utilization of Sukuk as an instrument supporting diverse economic and financial needs Efforts to promote harmonization in Sukuk structures to encourage wider cross-border issuances New innovative Sukuk structures utilized for various fund-raising activities Specific case studies and country showcase/presentation on Sukuk market\n\n\n11:30 – 13:00\nSession 2: Panel Discussion on Supporting New Liquidity Regulations – The Role of ICM Instruments New post-crisis liquidity regulations applicable upon financial institutions The challenges in provision of Shari?ah-compliant high-quality liquid assets (HQLA) that satisfy the new regulatory requirements The role of ICM\, and Sukuk in particular\, to meet these liquidity regulations Shari?ah-compliant structures that can be utilised to issue tradable liquidity management instruments Efforts and opportunities to list and trade ICM instruments in exchanges/bourses Case study examples on liquidity management programmes initiated by specific jurisdictions\n\n\n13:00 – 14:30\nLunch and Networking\n\n\n14:30 – 16:00\nSession 3: Panel Discussion on The Optimal Balance: Products Innovation\, Shariah Requirements\, Consumer Protection and Other Regulatory Considerations Various ICM products including equities\, Sukuk\, Islamic collective investment schemes (ICIS)\, hedging products\, specialised ICIS\, asset securitisations\, etc. The introduction of FinTech in the ICM (e.g. p2p operators\, crowdfunding platforms\, robo-advisers\, etc) Potential issues of consumer protection\, Shari?ah requirements and other regulatory considerations Specific case studies on FinTech products and regulatory sandboxes to encourage innovation and development Future directions for the efficient and smooth innovation\, growth and development of the ICM URL:https://www.ifsb.org/event/eve00350-ifsb-iilm-iifm-joint-seminar-on-islamic-capital-markets/ LOCATION:Auditorium\, Level 3\, Abu Dhabi Global Market (ADGM) Building\, ADGM Square\, Al Maryah Island\, Island - ADGM Authorities Building - Al Maryah Island - Abu Dhabi Global Market Square\, Abu Dhabi\, United Arab Emirates CATEGORIES:Awareness Programme END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181107T093000 DTEND;TZID=UTC:20181108T173000 DTSTAMP:20260404T075005 CREATED:20181006T160041Z LAST-MODIFIED:20231228T021629Z UID:4754-1541583000-1541698200@www.ifsb.org SUMMARY:10th Task Force Meeting on Prudential and Structural Islamic Finance Indicators (PSIFIs) DESCRIPTION:The 10th Task Force Meeting on Prudential and Structural Islamic Finance Indicators (PSIFIs) is scheduled to be held as follows:\n\nDate   : 7 – 8 November 2018 (2 days)\n\nTime   : 9:30am  – 5:30pm\n \nVenue : Meeting Room 2\, Level 4\, Lanai Kijang\, Jalan Berjasa\, 50480 Kuala Lumpur\, Malaysia\n \n\nParticipation in the meeting is by invitation only. For more information please email to Ms. Nissa at khairun.nissa@ifsb.org\n\n\n\n  URL:https://www.ifsb.org/event/eve00343-10th-task-force-meeting-on-prudential-and-structural-islamic-finance-indicators-psifis/ LOCATION:Meeting Room 2\, Level 4\, Lanai Kijang\, Meeting Room 2\, Level 4\, Lanai Kijang\, Kuala Lumpur\, Malaysia CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181029 DTEND;VALUE=DATE:20181031 DTSTAMP:20260404T075005 CREATED:20181028T160004Z LAST-MODIFIED:20231228T011507Z UID:5002-1540771200-1540943999@www.ifsb.org SUMMARY:IFSB Executive Forum - Effective Risk Management Oversight and Governance of Islamic Banks DESCRIPTION:Themed “Effective Risk Management Oversight and Governance of Islamic Banks”\, the IFSB Executive Forum which is targeted at Board of Directors and senior management aims to:\n\n \n\n Identify the emerging issue in risk management oversight and governance of Islamic banks for the board of directors and senior executives\n Discuss and share experiences related to governance and oversight of the management of core risk areas\, particularly the specific risk aspects of Islamic banks relating to credit\, operational\, liquidity and market risks as well as Shariah and legal risks in documentation and structuring of Islamic finance products\n Identify relevant features\, criteria\, policies and regulation pertaining to risk issues in Islamic banks\, current challenges in risk oversight and governance of Islamic banks\, in the context of best practices and principles/Standards for effective management and governance of Islamic bank\n\n \n\nAt the end of the 2-day Executive Forum\, participants will be able to achieve a greater understanding of risk oversight and governance issues for effective risk management of Islamic banks through shared industry experiences and best practices\, and the application of relevant IFSB Standards.\n\nFor registration and quiries\, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n29/10/2018\n08:30 – 09:30\nNetworking Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 10:00\nIntroduction to the IFSB\n\n\n10:00 – 11:00\n\nSession 1: Risk Governance of Islamic Banks and Regulatory Compliance (Moderated Session) \nWhat are the prevalent practices and critical challenges in oversight of risk management\, by the BOD and senior management? What are the new perspectives\, industry trends and opportunities for effective governance of risk management for Islamic banks? What are the key considerations in complying with global regulatory requirements? \n\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\n\nSession 2: Case Studies on Oversight of Operational\, Sharīʿah-compliance and Legal Risks: Issues and Challenges  \nWhat is the impact of the evolving operational risk profile of financial institutions? What are the unique oversight challenges for Sharīʿah non-compliance risk management? What is the impact of legal frameworks on product development for Islamic banks? What are the implications of non-robust Sharīʿah and legal frameworks? How can the BOD and senior management overcome compliance challenges in the above respects and strengthen their internal control systems? \n\n\n\n13:00 – 14:30\nLunch and Prayers\n\n\n14:30 – 16:00\n\nSession 3: Risk Governance and Oversight: Role of the Board and Risk Committee. \nHow can the elements of governance\, risk and compliance be integrated towards more effective BOD oversight? What are the considerations in setting the BOD?s expectations for risk management and internal controls? How do you effectively assess the performance of chief risk officers and internal audit functions? How do you minimise the overlaps in responsibilities of the Governance\, Risk Management and Audit Committees?\n\n\n16:00 – 16:30\nCoffee and Refreshments\n\n\nDay 2\n30/10/2018\n08:30 – 09:30\nNetworking Coffee\n\n\n09:30 – 10:00\nIFSB Presentation on PSIFIs\n\n\n10:00 – 11:00\n\nSession 4: Case Studies on Oversight of Financial Risk Management: Credit\, Market\, Liquidity and Equity Risks of Islamic Banks  \nIntroductory presentation: Global Perspectives and IFSB Standards Case studies and experience sharing: How do the specific risk features for Islamic banks impact governance? What are the unique considerations and challenges faced in governance structures for oversight of financial risk management of Islamic banks? What are the challenges faced in complying with regulatory requirements for financial risks? \n\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\n\nSession 5: Role of Transparency and Disclosure in Effective Risk Governance (Panel Discussion) \nWhat is the link between effective risk governance and a robust transparency and disclosure environment? What are the new regulatory requirements and how do they impact Islamic banks? (Basel III/IFSB disclosure Standards/Others) What are the challenges faced by institutions in complying with new disclosure regimes and reporting requirements? How can the BOD and senior management contribute to improvements in transparency and disclosure of Islamic banks? \n\n\n\n13:00 – 14:30\nLunch\n\n\n14:30 – 16:00\n\nSession 6: Panel Discussion: The Next Phase in Risk Management and Governance for Islamic Banks \nWhat has changed? What are the emerging challenges and trends? What areas should the BOD focus on? What are the barriers to effective risk oversight of Islamic banks for the BOD and senior management? What is the forward vision and emerging best practices in addressing the key risk governance issues? \n\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n\n \n\nDownloadable Document(s)\n\n Event Session(s) – PDF Format\n Brochure – IFSB Executive Forum\n\n  URL:https://www.ifsb.org/event/eve00338-ifsb-executive-forum-effective-risk-management-oversight-and-governance-of-islamic-banks/ LOCATION:Training Room 3.1 & 3.2\, Level 3\, Sasana Kijang\, Training Room 3.1 & 3.2\, Level 3\, Sasana Kijang\, Kuala Lumpur\, Malaysia CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00338-1.jpg END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181025T093000 DTEND;TZID=UTC:20181025T170000 DTSTAMP:20260404T075005 CREATED:20181024T160006Z LAST-MODIFIED:20231228T011557Z UID:5017-1540459800-1540486800@www.ifsb.org SUMMARY:2nd Meeting of the Core Principles for Islamic Finance Regulation: Effective Islamic Deposit Insurance Systems (CPIFR-IDIS) Working Group DESCRIPTION:2nd Meeting of the Core Principles for Islamic Finance Regulation: Effective Islamic Deposit Insurance Systems (CPIFR-IDIS) Working Group is scheduled to be held as follow:\n\nDate : 25 October 2018\n\nTime : 9:30am – 5:00pm\n\nVenue : Jakarta\, Indonesia URL:https://www.ifsb.org/event/eve00344-2nd-meeting-of-the-core-principles-for-islamic-finance-regulation-effective-islamic-deposit-insurance-systems-cpifr-idis-working-group/ LOCATION:Jakarta\, Jakarta\, Indonesia\, Indonesia CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181024T090000 DTEND;TZID=UTC:20181024T170000 DTSTAMP:20260404T075005 CREATED:20181023T160037Z LAST-MODIFIED:20231228T011607Z UID:5020-1540371600-1540400400@www.ifsb.org SUMMARY:1st Meeting of the Working Group on Disclosures to Promote Transparency and Market Discipline for Takāful / Retakāful Undertakings DESCRIPTION:1st Meeting of the Working Group on Disclosures to Promote Transparency and Market Discipline for Takāful / Retakāful Undertakings is scheduled to be held as follow:\n\n \n\nDate : 24 October 2018\n\nTime : 9:00am – 5:00pm\n\nVenue : Karachi\, Pakistan ( Actual venue will be advise in due course) URL:https://www.ifsb.org/event/eve00346-1st-meeting-of-the-working-group-on-disclosures-to-promote-transparency-and-market-discipline-for-takaful-retakaful-undertakings/ LOCATION:Karachi\, Karachi\, Karachi\, Pakistan CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181023T090000 DTEND;TZID=UTC:20181023T170000 DTSTAMP:20260404T075005 CREATED:20181022T160008Z LAST-MODIFIED:20231228T011617Z UID:5024-1540285200-1540314000@www.ifsb.org SUMMARY:6th Meeting of the Task Force on Technical Note on Financial Inclusion DESCRIPTION:6th Meeting of the Task Force on Technical Note on Financial Inclusion that is scheduled to be held as follow:\n\n \n\nDate : 23 October 2018\n\nTime : 9:00am – 5:00pm\n\nVenue : Karachi\, Pakistan ( Actual venue will be advise in due course) URL:https://www.ifsb.org/event/eve00345-6th-meeting-of-the-task-force-on-technical-note-on-financial-inclusion/ LOCATION:Karachi\, Karachi\, Karachi\, Pakistan CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181022T090000 DTEND;TZID=UTC:20181022T163000 DTSTAMP:20260404T075005 CREATED:20181021T160009Z LAST-MODIFIED:20231228T011624Z UID:5026-1540198800-1540225800@www.ifsb.org SUMMARY:Pakistan Islamic Finance Industry Engagement Session DESCRIPTION:The Pakistan Islamic Finance Industry Engagement Session is an initiative by the IFSB Secretariat to provide an interactive platform for communication between the various Islamic financial services industry stakeholders and the IFSB Secretariat.\n\nIn this one-day session\, the IFSB will provide an update on the progress and developments of the global Islamic financial services industry\, and enable the participants to interact and exchange views on the prospects and challenges of Islamic finance in Pakistan\, in-line with the workstream and mandate of the IFSB. Participants will also benefit from a thematic technical workshop which will feature discussions on recent innovations in Sukuk structures and its utilisation by the Islamic financial services industry.\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n22/10/2018\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nWelcoming Address SPEAKER: H.E. Tariq Bajwa\, Governor – State Bank of Pakistan\n\n\n09:45 – 10:10\n\nPresentation on Global Islamic Finance and the IFSB \nSPEAKER: Dr. Bello Lawal Danbatta\, Secretary-General\, IFSB \n\n\n\n10:10 – 11:00\n\nInteractive Session on Islamic Finance in Pakistan: Issues\, Challenges and the Way Forward \n SPEAKERS Dr. Bello Lawal Danbatta\, Secretary-General\, IFSB Mr. Zahid ur Rehman Khokher\, Assistant Secretary-General\, IFSB Mr. Ghulam Muhammad Abbasi\, Director – Islamic Banking Department\, State Bank of Pakistan \n\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\n\nThematic Workshop – Session 1: Introduction to Sukuk: Structures and Utilisation \nSPEAKER: Mr. Syed Faiq Najeeb\, Head of Standards Development\, IFSB \n\n\n\n13:00 – 14:30\nLunch and Prayer Break\n\n\n14:30 – 16:30\n\nThematic Workshop – Session 2: Recent Innovation and Market Gaps: New Frontiers for Sukuk \nSPEAKER: Mr. Syed Faiq Najeeb\, Head of Standards Development\, IFSB \n\n\n\n\n \n\nDownloadable Document(s)\n\n Event Session(s) – PDF Format URL:https://www.ifsb.org/event/eve00352-pakistan-islamic-finance-industry-engagement-session/ LOCATION:Pearl Continental\, Club Rd، opposite PIDC\, Civil Lines\, Karachi\, Pakistan CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20181018T093000 DTEND;TZID=UTC:20181018T173000 DTSTAMP:20260404T075005 CREATED:20181017T160008Z LAST-MODIFIED:20231228T021600Z UID:5029-1539855000-1539883800@www.ifsb.org SUMMARY:The Islamic Development Bank (IsDB) Group Shariah Board Meeting DESCRIPTION:The Islamic Development Bank (IsDB) Group Shariah Board Meeting is scheduled to be held as follows:\n\n \n\nDate: 18-19 October 2018\n\nTime: 9:30 am – 5:30 pm\n\nVenue: Muscat\, Oman\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: madaa.munjid@ifsb.org URL:https://www.ifsb.org/event/eve00353-the-islamic-development-bank-isdb-group-shariah-board-meeting/ LOCATION:Muscat\, Muscat\, Muscat\, Oman CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181017 DTEND;VALUE=DATE:20181019 DTSTAMP:20260404T075005 CREATED:20181016T160004Z LAST-MODIFIED:20231228T021607Z UID:5032-1539734400-1539907199@www.ifsb.org SUMMARY:IFSB-BIBF Islamic Finance Executive Programme DESCRIPTION:The 3rd edition IFSB-BIBF Islamic Finance Executive Programme with the theme “Fintech\, Regtech and Islamic Finance” will focus on the role of Fintech in the Islamic finance industry\, the threats and regulatory challenges that Fintech impose on the industry.\n\nThis Islamic Finance Executive Programme aims to address the rise of Fintech in the Islamic finance industry\, highlighting both the opportunities and challenges of new Fintech products in the market. The programme will shed light on the new innovative digital products in Islamic finance\, the application of Blockchain technology and Shariah opinion in Cryptocurrencies. It will also discusses the role of Regulatory and Supervisory Authorities (RSAs) in regulating Fintech and the need for a wide-ranging reconceptualization of financial regulation in an era of technology-enabled finance\, Cybersecurity threats\, Consumer Protection measures along with risk management practices by Fintech providers are among the topics that will deliberated by panellists on this programme.\n\nFor more information on this Islamic Finance Executive Programme\, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n17/10/2018\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening & Welcoming Address\n\n\n09:45 – 11:00\nSession 1: Digital Products and Islamic Finance\n\nInnovation and products in the financial industry Product Case Study ? Digital wallets and payment solutions\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: Application of Blockchain in Islamic Finance\n\nUse cases of BlockChain for the financial sector Product Case Study Shariah opinion in Cryptocurrency\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Moderated Session: Regulatory and Legal Framework for Fintech\n\nRole of Regulatory and Supervisory Authorities (RSAs) Challenges in regulating Fintech Providers and stakeholders involved Specific country experience in regulating Fintech Sufficient resources to supervise Fintech companies\n\n\n15:30 – 16:00\nCoffee Break and Networking\n\n\nDay 2\n18/10/2018\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 4: Fintech and Risk Management \n\nImpact of Fintech strategies on the management of risks by financial institutions\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: Cybersecurity Threats and Protection of Financial Assets and Consumer Protection in Fintech\n\nCybersecurity and key threats to financial stability Mechanisms used by Fintech providers to deal with cyber incidents Role of regulators to deal with cyber incidents Protection of Consumer Data and Privacy Financial Education and Awareness Disclosure and Transparency Protection of Consumer Assets against Fraud and Misuse\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 6: Panel Discussion on Digitization of the insurance industry and learnings for the Takaful industry \n\nInnovation and new products in the insurance industry Creating a seamless experience for customers Learnings for the Takaful sector\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\n \n\nDownloadable Document(s)\n\n Event Session(s) – PDF Format URL:https://www.ifsb.org/event/eve00336-ifsb-bibf-islamic-finance-executive-programme/ LOCATION:BIBF Auditorium\, Building 1306\, 346 Rd 4625\, Manama\, Bahrain CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181009 DTEND;VALUE=DATE:20181012 DTSTAMP:20260404T075005 CREATED:20181008T160046Z LAST-MODIFIED:20231228T021615Z UID:5036-1539043200-1539302399@www.ifsb.org SUMMARY:IFSB-FIS Workshop for Regulatory and Supervisory Authorities (ICM Sector) DESCRIPTION:This 3-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the Islamic Capital Market (ICM) sector.\n\nParticipation in this Workshop is opened to REGULATORS only.\n\nIn general\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nFor queries\, please contact the IFSB Secretariat\, Mr. Mr. Esam Osama Al-Aghbari at Esam@ifsb.org. URL:https://www.ifsb.org/event/eve00323-ifsb-fis-workshop-for-regulatory-and-supervisory-authorities-icm-sector/ LOCATION:Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/svg+xml:https://www.ifsb.org/wp-content/uploads/2023/10/Group-246.svg END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181009 DTEND;VALUE=DATE:20181012 DTSTAMP:20260404T075005 CREATED:20181008T160034Z LAST-MODIFIED:20231228T021622Z UID:5041-1539043200-1539302399@www.ifsb.org SUMMARY:IFSB-FIS Workshop for Regulatory and Supervisory Authorities (Takaful Sector) DESCRIPTION:This 3-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the Takaful sector.\n\nIn general\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nFor queries\, please contact the IFSB Secretariat\, Mr. Esam Osama Al-Aghbari at Esam@ifsb.org. URL:https://www.ifsb.org/event/eve00324-ifsb-fis-workshop-for-regulatory-and-supervisory-authorities-takaful-sector/ LOCATION:Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20181001 DTEND;VALUE=DATE:20181003 DTSTAMP:20260404T075005 CREATED:20180930T160032Z LAST-MODIFIED:20231228T021637Z UID:5043-1538352000-1538524799@www.ifsb.org SUMMARY:Capacity Building for Market Players (CBM) Workshop (Banking Sector) DESCRIPTION:This 2-day Capacity Building for Market Players (CBM) Workshop is tailored for IFSB’s Observer Members who are the market players in the banking sector.\n\n \n\nMr. Ahmed Barakat (email: ahmed.barakat@ifsb.org) is the person in charge of these Workshops and he will be pleased to respond to any enquiries. URL:https://www.ifsb.org/event/eve00342-capacity-building-for-market-players-cbm-workshop-banking-sector/ LOCATION:Training Room 3.1 & 3.2\, Level 3\, Sasana Kijang\, Training Room 3.1 & 3.2\, Level 3\, Sasana Kijang\, Kuala Lumpur\, Malaysia ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180910T093000 DTEND;TZID=UTC:20180921T173000 DTSTAMP:20260404T075005 CREATED:20180909T160043Z LAST-MODIFIED:20231228T020841Z UID:5048-1536571800-1537551000@www.ifsb.org SUMMARY:The Islamic Development Bank (IsDB) Group Shariah Board Meeting DESCRIPTION:The Islamic Development Bank (IsDB) Group Shariah Board Meeting is scheduled to be held as follows:\n\n \n\nDate: 10-21 September 2018\n\nTime: 9:30 am – 5:30 pm\n\nVenue: Kuala Lumpur\, Malaysia\n\n \n\nParticipation in the meeting is by invitation only. For more information please email to: madaa.munjid@ifsb.org URL:https://www.ifsb.org/event/eve00349-the-islamic-development-bank-isdb-group-shariah-board-meeting/ LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180903T093000 DTEND;TZID=UTC:20180903T170000 DTSTAMP:20260404T075005 CREATED:20180902T160018Z LAST-MODIFIED:20231228T020850Z UID:5051-1535967000-1535994000@www.ifsb.org SUMMARY:1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector DESCRIPTION:The 1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector that is scheduled to be held as follow:\n\n \n\n1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector\n\nDate : 3 September 2018\n\nTime : 9:30am – 5:00pm\n\nVenue : Executive Meeting Room\, Level 5 Sasana Kijang Bank Negara\, Jalan Dato Onn\, Kuala Lumpur Malaysia. URL:https://www.ifsb.org/event/eve00347-1st-working-group-meeting-on-revised-capital-adequacy-standard-for-the-islamic-banking-sector/ LOCATION:Executive Meeting Room\, Level 5 Sasana Kijang Bank Negara\, Jalan Dato Onn\,\, Kuala Lumpur\, Malaysia CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20180902 DTEND;VALUE=DATE:20180906 DTSTAMP:20260404T075005 CREATED:20180901T160053Z LAST-MODIFIED:20231228T020859Z UID:5056-1535846400-1536191999@www.ifsb.org SUMMARY:IFSB-FIS Workshop for Regulatory and Supervisory Authorities (Banking Sector) DESCRIPTION:This 4-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the banking sector. It will be hosted by the Arab Monetary Fund. \nParticipation in this Workshop is opened to REGULATORS only. \nIn general\, this Workshop aims to: \n\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nFor queries\, please contact the IFSB Secretariat\, Mr. Esam Osama Al-Aghbari at Esam@ifsb.org. URL:https://www.ifsb.org/event/eve00322-ifsb-fis-workshop-for-regulatory-and-supervisory-authorities-banking-sector/ LOCATION:Abu Dhabi\, Abu Dhabi\, Abu Dhabi\, United Arab Emirates CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180827T093000 DTEND;TZID=UTC:20180902T173000 DTSTAMP:20260404T075005 CREATED:20180826T160029Z LAST-MODIFIED:20231228T020905Z UID:5058-1535362200-1535909400@www.ifsb.org SUMMARY:26th Arabic Editing Committee Meeting DESCRIPTION:The 26th Arabic Editing Committee Meeting is scheduled to be held as follows:\n\n \n\nDate: 27 August – 02 September 2018\n\nTime: 9:30 am – 5:30 pm\n\nVenue: Kuala Lumpur\, Malaysia\n\n \n\nParticipation in the meeting is by invitation only. For more information please email to: madaa.munjid@ifsb.org URL:https://www.ifsb.org/event/eve00348-26th-arabic-editing-committee-meeting/ LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia CATEGORIES:Meetings ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20180724 DTEND;VALUE=DATE:20180728 DTSTAMP:20260404T075005 CREATED:20180722T160040Z LAST-MODIFIED:20231228T020913Z UID:5061-1532390400-1532735999@www.ifsb.org SUMMARY:IFSB-FIS Workshop Series (Ivory Coast) DESCRIPTION:This 5-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for Conseil Régional de lEpargne Publique et des Marchés Financiers (CREPMF). It will cover the following IFSB Standards:\n\n Introduction to Islamic Finance\n Introduction to Islamic Capital Market (ICM)\n IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS)\n IFSB-9: Guiding Principles on Conduct of Business for IIFS\n IFSB-15: Revised Capital Adequacy Standard for IIFS – Sukūk and Securitisation\n IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS)\n ED-21: Exposure Draft (ED) on Core Principles for Islamic Finance Regulation (ICM Segment)\n\nOverall\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this event is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Esam Osama Al-Aghbari Esam@ifsb.org.\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n23/07/2018\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nWelcoming Remarks and Group Photo\n\n\n09:30 – 11:00\nSession 1- IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Operational Risk\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2- IFSB-1: Guiding Principles of Risk Management for IIFS (Continued) Focus on Market Risk Focus on Liquidity Risk Case Study\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 3- IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation in Sukūk Role of IIFS in Sukūk Securitisation Credit Enhancement and Assets in Securitisation\n\n\nDay 2\n24/07/2018\n09:30 – 11:00\nSession 4- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) The Need for Core Principles Principles Relating to the Regulator Principles related to Sharīʻah Governance\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) (Continued) Principles for the Enforcement of Securities Regulation Principles for Issuers Principles for Auditors\, Credit Ratings Agencies\, and Others\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 6- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) (Continued) Principles for Collective Investment Schemes Principles for Market Intermediaries Principles for Secondary and Other Markets\n\n\nDay 3\n25/07/2018\n09:30 – 11:00\nSession 7 Introduction to Islamic Finance Concept and Framework in Islamic Finance Contracts in Islamic Finance Prudential Issues in IIFS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8- Introduction to Islamic Capital Market (ICM) ICM Development – Issues and Challenges Sukuk: Background\, Structures and Issues Islamic Equity Market\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 9 Introduction to ICM (Continued) ICIS Islamic Hedging Products Case Study\n\n\nDay 4\n26/07/2018\n09:30 – 11:00\nSession 10- IFSB-6: Governance for Islamic Collective Investment Schemes (ICIS) ICIS Overview Motivating Factors for the Governance of ICIS Guiding Principles on Governance for ICIS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11- IFSB-6: Governance for ICIS (Continued) Compliance with Sharī`ah Rules and Principles Additional Protection for ICIS Investors Case Study\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:00\nSession 12- IFSB-9: Guiding Principles on Conduct of Business for IIFS Truthfulness\, Honesty and Fairness Information About Clients Conflict of Interest and of Duty\n\n\nDay 5\n27/07/2018\n09:00 – 10:15\n\nSession 13- IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS) Common General Principles General Disclosure Principles Applicable to Sukūk Sharīʻah and Structure-related Disclosures for Sukūk \n\n\n\n10:15 – 10:30\nCoffee Break\n\n\n10:30 – 11:30\n\nSession 14- IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS) (Continued) Sharīʻah and Operations-related Disclosures for ICIS Specialist ICIS Disclosure Case Study \n\n\n\n11:30 – 12:00\nClosing Remarks & Certificate Giving Ceremony\n\n\n12:00 – 15:00\nJumaah Prayer and Lunch\n\n\n\n \n\nDownloadable Document(s)\n\n Event Session(s) – PDF Format URL:https://www.ifsb.org/event/eve00321-ifsb-fis-workshop-series-ivory-coast/ LOCATION:Abidijan\, Abidjan\, Abidjan\, Côte d'Ivoire CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180719T093000 DTEND;TZID=UTC:20180719T173000 DTSTAMP:20260404T075005 CREATED:20180718T160047Z LAST-MODIFIED:20231228T020918Z UID:5066-1531992600-1532021400@www.ifsb.org SUMMARY:45th IFSB Technical Committee Meeting DESCRIPTION:45th IFSB Technical Committee Meeting is scheduled to be held as follow:\n\nDate : 19 July 2018\n\nTime : 9:30am – 5:30pm\n\nVenue : Kuala Lumpur Malaysia\n\nParticipation in the meeting is by invitation only.\n\nFor more information please email to : khairun.nissa@ifsb.org\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n  URL:https://www.ifsb.org/event/eve00334-45th-ifsb-technical-committee-meeting/ LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia CATEGORIES:Meetings ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00334-5.jpg END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180503T080000 DTEND;TZID=UTC:20180503T170000 DTSTAMP:20260404T075005 CREATED:20180502T160056Z LAST-MODIFIED:20231122T001456Z UID:5791-1525334400-1525366800@www.ifsb.org SUMMARY:16th General Assembly\, 3 May 2018\, Kuwait City\, Kuwait DESCRIPTION:The 16th IFSB General Assembly was hosted by the Central Bank of Kuwait. URL:https://www.ifsb.org/event/16th-general-assembly-3-may-2018-kuwait-city-kuwait/ LOCATION:Kuwait City\, Kuwait City\, Kuwait City\, Kuwait CATEGORIES:Meetings ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/meetings-3.jpg END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20180503 DTEND;VALUE=DATE:20180504 DTSTAMP:20260404T075005 CREATED:20180502T160019Z LAST-MODIFIED:20231122T001705Z UID:5779-1525305600-1525391999@www.ifsb.org SUMMARY:32nd Council Meeting\, 3 May 2018\, Kuwait City\, Kuwait DESCRIPTION:The Meeting was attended by 19 Governors and Deputy Governors of regulatory and supervisory authorities\, and 8 senior representatives from among the Council and Full Members of the IFSB\, representing 17 countries and the Islamic Development Bank. The meeting was chaired by H.E. Dr. Mohammad Y. Al-Hashel\, Governor of the Central Bank of Kuwait\, and IFSB Chairman 2018\n\n  URL:https://www.ifsb.org/event/32nd-council-meeting-3-may-2018-kuwait-city-kuwait/ LOCATION:Kuwait City\, Kuwait City\, Kuwait City\, Kuwait CATEGORIES:Meetings ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/meetings-1.jpg END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20180501 DTEND;VALUE=DATE:20180502 DTSTAMP:20260404T075005 CREATED:20180430T160054Z LAST-MODIFIED:20231122T001707Z UID:5805-1525132800-1525219199@www.ifsb.org SUMMARY:IFSB Annual Meetings and Side Events 2018 in Kuwait City\, Kuwait DESCRIPTION:In conjunction with the IFSB Annual Meetings 2018 which was held in Kuwait City\, Kuwait\, the IFSB had organised a series of Side Events which took place from 1 – 2 May 2018\, hosted by the Central Bank of Kuwait.\n\nThe Annual Meeting started with 10th IFSB Public Lecture on Financial Policy and Stability on 1 May 2018.\n\nMr. Waleed M. Al-Awadhi\, Executive Director\, Supervision Sector\, Central Bank of Kuwait and Dr. Bello Lawal Danbatta\, Secretary General of the IFSB delivered the opening and welcoming remarks respectively.\n\nThe event saw two prominent speakers shared their views and discussions on the given topic. The first Lecture was “Financial Stability and Islamic Finance” delivered by Professor Dr. Monzer Kahf\, Professor of Islamic Finance and Islamic Economics\, Faculty of Islamic Studies\, Hamad bin Khalifa University\, Doha\, Qatar. The second Lecture was on “Islamic Finance Policies: Implications on Industry Stakeholders” delivered by H.E. Emeritus Prof. Dr. Ishrat Husain\, Chairman of Centre for Excellence in Islamic Finance (IBA-CEIF) and former Governor\, State Bank of Pakistan.\n\nThe Lecture was followed by the Members & Industry Engagement Session. The session commenced with the Welcoming Address by Mr. Waleed M. Al-Awadhi who shared the development in Islamic finance industry in Kuwait.\n\nDr. Bello Lawal Danbatta in his presentation titled “Key Developments in the Global Islamic Finance Industry and the IFSB” shared an update of the industry and the ongoing work of the IFSB in supporting the industry’s stability and resilience. He also shared IFSB’s commitment to further enhance services to the existing members\, by prioritising expectations from a recently conducted IFSB Members Expectations Survey.\n\nThe session continued with a presentation by Mr. Mamadou Ndiaye\, Chairman of Conseil Régional de l’Epargne Publique et des Marchés Financiers (CREPMF)\, West African Economic and Monetary Union (WAMU)\, on their experiences as the Capital Market Authority of the WAMU\, and their initiative to promote Islamic capital market in the region and forward plan.\n\nAn interactive panel discussion moderated by Dr. Bello Lawal Danbatta\, and featuring Mr. Mamadou Ndiaye and Assistant Secretaries-General of the IFSB\, Mr. Zahid ur Rehman Khokher and Dr. Nagwa Sheikh Eldin\, followed. The panelists shared their perspectives in regard to standard-setting agenda\, capacity building\, implementation levels of the IFSB standards\, technical assistance\, and the bigger role to be played by the industry in the work and activities of the IFSB. The session ended with valuable questions and feedback by the IFSB members on the implementation of the IFSB standards which the secretariat answered and accepted as positive feedbacks for future improvements of the IFSB implementation strategies.\n\nOver 100 participants attended the Public Lecture and Members & Industry Engagement Session. It was attended by heads and senior representatives of regulatory and supervisory authorities (RSAs) and financial institutions from over 20 countries\, among the IFSB members and the Kuwait local financial community.\n\nThe third Side event was the CBK-IFSB Conference on Islamic Finance\, held on 2 May 2018. Themed “A Universal Proposition”\, the Conference aimed to discuss the role that Islamic finance can play in government strategies to build a diversified and sustainable economy and to present a collective way forward for the Islamic finance industry to reach its potential.\n\nThe Conference commenced with Plenary Session which saw the opening address delivered by the Representative of His Highness the Amir\, H.E. Dr. Nayef Al-Hajraf\, Minister of Finance\, Kuwait followed by Dr. Bello Lawal Danbatta with his welcome address. The Keynote address was delivered by H.E. Dr. Mohammad Y. Al-Hashel\, Governor\, Central Bank Kuwait.\n\nThe Plenary Session was preceded with four session in which twenty-three moderators and panelists from among regulators and market players sector as well as Sharīʻah scholar discussed the following issues:-\n\n Leveraging Islamic Finance to Build a Diversified and Sustainable Economy\n Building a Dynamic and Robust Regulatory Regime\n Navigating the Disruptive Eco-Systems\n Islamic Finance: What Lies Ahead\n\nMore than 500 delegates from 32 jurisdictions among the IFSB member and non-member organisations – representatives from regulatory bodies\, market players\, international organisations\, legal firms as well as academia and other interested parties from the public attended the Conference.\n\n \n\n\n\n\n\n\n\n\n\n\n  URL:https://www.ifsb.org/event/ifsb-annual-meetings-and-side-events-2018-in-kuwait-city-kuwait/ LOCATION:Kuwait City\, Kuwait City\, Kuwait City\, Kuwait CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/awareness-5.jpg END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180423T083000 DTEND;TZID=UTC:20180426T163000 DTSTAMP:20260404T075005 CREATED:20180422T160011Z LAST-MODIFIED:20231228T020925Z UID:6720-1524472200-1524760200@www.ifsb.org SUMMARY:IFSB-FIS Workshop Series (Kazakhstan) DESCRIPTION:This 4-day Workshop is tailored for Astana International Financial Centre (AIFC) as well as the regulators and market players from the Commonwealth of Independent States (CIS) countries. This Workshop is made possible by the support of the Asian Development Bank which covers the following IFSB Standards and publications:\n\n Overview of IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment)\n Overview of IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services (IIFS)\n IFSB-1: Guiding Principles of Risk Management for IIFS\n IFSB-15: Revised Capital Adequacy Standard for IIFS\n IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS\n\nOverall\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n23/04/2018\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nWelcoming Remarks and Group Photo\n\n\n09:30 – 11:30\nSession 1- Overview of IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) Necessary Preconditions for Effective Supervision Assessment Methodology for CPIFR\n\n\n09:30 – 11:30\nOverview of IFSB-10: Guiding Principles on Shari`ah Governance Systems for IIFS\n\n\n11:30 – 11:45\nCoffee Break\n\n\n11:45 – 13:15\nSession 2 – IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk\n\n\n13:15 – 14:15\nLunch and Prayer\n\n\n14:15 – 16:15\nSession 3 – IFSB-1: Guiding Principles of Risk Management for IIFS (Continued) Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Risk Case Study\n\n\nDay 2\n24/04/2018\n09:30 – 11:00\nSession 4 – IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Adequacy Ratio Components of Capital Treatment of PSIA\, PER and IRR Regulatory Adjustments and Deductions\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution\n\n\nDay 3\n25/04/2018\n09:30 – 11:00\nSession 7 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA Components of Total Net Cash Outflows\n\n\nDay 4\n26/04/2018\n09:30 – 11:30\nSession 10 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management (Continued) Formula for Calculating NSFR Available and Required Stable Funding Role of Supervisory Authorities Group Exercise\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Key Elements in the Supervisory Review Process of IIFS Internal Capital Adequacy Assessment Process Islamic Windows Operations Supervisory Transparency and Accountability\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 12 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision\n\n\n16:00 – 16:30\nClosing Remarks & Certificate Giving Ceremony URL:https://www.ifsb.org/event/eve00318-ifsb-fis-workshop-series-kazakhstan/ LOCATION:Rixos President Astana\, Kunayeva 7\, Astana\, Kazakhstan CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180410T080000 DTEND;TZID=UTC:20180410T130000 DTSTAMP:20260404T075005 CREATED:20180409T160003Z LAST-MODIFIED:20231228T020931Z UID:6723-1523347200-1523365200@www.ifsb.org SUMMARY:Public Hearing on the IFSB Exposure Draft DESCRIPTION:The IFSB will be organising a Public Hearing for EDs 20\, 21 and 22 on 10 April 2018 in Jakarta hosted by OJK. The Public Hearing will discuss the following documents: \n\n\n Key Elements in the Supervisory Review Process of Takāful/ Retakāful Undertakings (ED-20)\n Core Principles for Islamic Finance Regulation [Islamic Capital Market Segment] (ED-21)\n Revised Standard on Disclosures to Promote Transparency and Market Discipline for Institutions Offering Islamic Financial Services [Banking Segment] (ED-22)\n\nIn its 44th meeting held on 22 March 2018 in Bandar Seri Begawan\, Brunei Darussalam\, the Technical Committee of the Islamic Financial Services Board (IFSB) approved the issuance of three Exposure Drafts (ED) for Public consultation period of 2 months\, starting 28 March until 28 May 2018. \nThe Public Hearing for the ED are also available in webinar. Please choose your preferred attendance. \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n10/04/2018\n08:00 – 08:30\nRegistration\n\n\n08:30 – 08:05\nOpening Remarks by MC\n\n\n08:35 – 08:40\nAl- Quran Recitation\n\n\n08:40 – 09:00\nWelcoming Remarks\n\n\n10:15 – 11:30\nExposure Draft on Key Elements in the Supervisory Review Process of Takāful/ Retakāful Undertakings (ED-20)\n\n\n11:30 – 12:45\nExposure Draft on Core Principles for Islamic Finance Regulation [Islamic Capital Market Segment] (ED-21)\n\n\n11:30 – 12:45\nExposure Draft on Revised Standard on Disclosures to Promote Transparency and Market Discipline for Institutions Offering Islamic Financial Services [Banking Segment] (ED-22)\n\n\n12:45 – 13:00\nClosing Remarks URL:https://www.ifsb.org/event/eve00325-public-hearing-on-the-ifsb-exposure-draft/ LOCATION:Otoritas Jasa Keuangan (OJK)\, Jl. M.H. Thamrin No.2\, RT.2/RW.3\, Gambir\, Kecamatan Gambir\, Kota Jakarta Pusat\, Jakarta\, Indonesia CATEGORIES:Meetings END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180326T080000 DTEND;TZID=UTC:20180326T163000 DTSTAMP:20260404T075005 CREATED:20180325T160016Z LAST-MODIFIED:20231228T020938Z UID:6726-1522051200-1522081800@www.ifsb.org SUMMARY:IFSB-FIS Workshop Series (Lebanon) DESCRIPTION:This 4-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities and the market players for the banking sector. It will be hosted by Banque du Liban and will cover the following IFSB Standards and publications:\n\n IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS\n IFSB-15: Revised Capital Adequacy Standard for IIFS\n IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n\n\nOverall\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this event is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n26/03/2018\n08:00 – 08:30\nRegistration\n\n\n08:30 – 09:00\nWelcoming Remarks and Group Photo\n\n\n09:00 – 10:30\nSession 1 – IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Equity Investment Risk Focus on Operational Risk\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 2 – IFSB-1: Guiding Principles of Risk Management for IIFS (Continued) Focus on Market Risk Focus on Liquidity Risk Focus on Rate of Return Risk Case Study\n\n\n12:30 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3 – IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Adequacy Ratio Components of Capital Treatment of PSIA\, PER and IRR Regulatory Adjustments and Deductions\n\n\nDay 2\n27/03/2018\n09:00 – 10:30\nSession 4 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 5 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution\n\n\n12:30 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise\n\n\nDay 3\n28/03/2018\n09:00 – 10:30\nSession 7 – IFSB-15: Revised Capital Adequacy Standard for IIFS (Continued) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 8 – IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Structure of the Sharī`ah Governance System Scope of Sharī`ah Governance System Disclosure of Compliance with IFSB-10 General Approach to the Sharīʻah Governance System\n\n\n12:30 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9 – IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS (Continued) Guiding Principles on the Sharī`ah Governance System – Competence and Independence Guiding Principles on the Sharī`ah Governance System – Confidentiality Guiding Principles on the Sharī`ah Governance System – Consistency Case Study\n\n\nDay 4\n29/03/2018\n09:00 – 10:30\nSession 10 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions\, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability\n\n\n12:30 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 12 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Continued) Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study\n\n\n16:00 – 16:30\nClosing Remarks & Certificate Giving Ceremony URL:https://www.ifsb.org/event/eve00316-ifsb-fis-workshop-series-lebanon/ LOCATION:Gefinor Rotana Hotel\, Clemenceau Street\, Beirut\, Lebanon CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180306T083000 DTEND;TZID=UTC:20180307T170000 DTSTAMP:20260404T075005 CREATED:20231024T221410Z LAST-MODIFIED:20231227T085142Z UID:6925-1520325000-1520442000@www.ifsb.org SUMMARY:12th IFSB-INCEIF Executive Forum: Preserving Wealth and Generating Long-term Value through Islamic Finance DESCRIPTION:Themed Preserving Wealth and Generating Long-term Value through Islamic Finance. The Executive Forum aims to provide a discourse on tailored-opportunities and appropriate strategies for the stakeholders of the Islamic finance industry going forward to fully realise the potential of Islamic finance in meeting the longer-term financial aspirations of the society. \nThe sessions of the Forum will discuss different focus areas revolving around the role of Islamic finance to preserve wealth and create long-term value. Among the topics are a)the role of wealth management from an Islamic perspective\, b)the role of the Takāful sector in offering innovative products to support long-term financial sustenance for individuals\, c)Sharīʻah-compliant opportunities for retirement planning and wealth management\, d)realising long-term societal development through social contracts in Islamic finance and e)regulator’s role in promoting risk management practices and facilitating innovation in the Islamic fund industry. \nThe Executive Forum is a paying event. Special rates are offered to all member of the IFSB. Enjoy “50% discount on the third participant when you register 3 participants from the same organisation”. (Not applicable to subsidiaries and affiliated companies) \nFor registration and quiries\, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org \n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nProgramme – Event Session(s)\n \n\n\n\n\nDay 1\n06/03/2018\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening Address\n\n\n09:45 – 11:15\nSession 1: Realising Long-Term Societal Development through Social Contracts in Islamic Finance | Dr. Ziyaad Mahomad\, Assistant Professor\, INCEIF Contracts for Societal Development in Islamic Finance and their Potential Integration into the Commercial Islamic Finance Industry Adopting Waqf as a New Growth Driver to Broaden and Strengthen the Longer-term Development of the Society. Case Studies on Utilising Awqaf to Promote Longer-term Economic Development (MUIS Singapore\, Zam Zam Tower Makkah\, etc.)\n\n\n11:15 – 11:45\nGroup Photo and Coffee Break\n\n\n11:45 – 13:15\nSession 2: Long-term Financial Sustenance of Individuals through Takaful | Nor Azman Zainal\, Chief Executive Officer\, Prudential BSN Takaful Berhad | Product Diversity and Innovation for the Long-term Investment Products Need for Financial Protection in the Globalised World – e.g. Healthcare\, Mortality\, Children’s Education\, etc. Products and Innovative Offerings by the Takaful Industry Enhancing Market Access and Meeting Customers’ Needs Going Forward – Opportunities and Threats\, Impediments and Solutions\n\n\n13:15 – 14:30\nLunch\n\n\n14:30 – 16:30\nSession 3: Interactive Session: Retirement Planning – The Next Frontier for the Islamic Finance Industry | Syed Hamadah Othman\, Partner\, Actuarial Partners Consulting Sdn Bhd\, | Datuk Shahril Ridza Ridzuan\,CEO\, Employees Provident Fund Financial Awareness and Literacy on Retirement Planning Shari’ah-compliant Opportunities for Management of Retirement Funds The Importance of Starting Early Retirement Planning Case Study\n\n\n16:30 – 17:00\nCoffee break\n\n\nDay 2\n07/03/2018\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 4: Inter-generational Wealth Management and Legacy Planning: Fulfilling Maqasid Al-Shariah | Aderi Adnan\, Director\, Business Development\, Labuan IBFC | Trust Structures and Foundations for Islamic Wealth Management Legacy Planning and Services by Islamic Financial Institutions Case Study\n\n\n11:00 – 11:30\nCoffee Break and Networking\n\n\n11:30 – 13:00\nSession 5: The Role of Wealth Management from an Islamic Perspective | Monem Salam\, President\, Saturna Sdn. Bhd. Economic Trends and the Driving Demand for Wealth Management Services Identifying the Value Propositions of Islamic Wealth Management Wealth Management Solutions: Managing the Complexity of Wealth Preservation and Asset Planning Products and Solutions Offered by Islamic Funds Constraints and Impediments Faced by Islamic Funds Industry\n\n\n13:00 – 14:00\nLunch\n\n\n14:00 – 16:00\nSession 6: Panel Discussion: Regulatory Regime for Fund Management and Pension Schemes: Avoiding a Social Economic Disorder | Prof. Dato Dr. Azmi Omar\, PCEO\, INCEIF\, Mohammad Ridzuan Abdul Aziz\, CEO\, Sedania Al Salam\, Zulkifli Ishak\, Director\, I-VCAP Managing Risk in the Islamic Fund Industry – Supervision and Enhancing Disclosure Regulator Role in Facilitating Innovation and Fostering the Emergence of Market Segments\, Products and Services The Rise of the Digital Generation (Robo advisers\, Equity Crowdfunding\, Peer-to-peer Financing Platforms etc.) Regulatory Perspective\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee break URL:https://www.ifsb.org/event/eve00299-12th-ifsb-inceif-executive-forum-preserving-wealth-and-generating-long-term-value-through-islamic-finance/ LOCATION:Training Room 3.3. and 3.4\, Level 3\, Sasana Kijang\, 2\, Jalan Dato Onn\, Kuala Lumpur\, Malaysia CATEGORIES:Awareness Programme END:VEVENT BEGIN:VEVENT DTSTART;VALUE=DATE:20180212 DTEND;VALUE=DATE:20180216 DTSTAMP:20260404T075005 CREATED:20231024T221818Z LAST-MODIFIED:20231227T085108Z UID:6960-1518393600-1518739199@www.ifsb.org SUMMARY:IFSB-FIS Workshop Series (Tunisia) DESCRIPTION:This 4-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the Central Bank of Tunisia and supported by the Islamic Development Bank. It will cover the following IFSB Standards and publications:\n\n \nIFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n \nIFSB-15: Revised Capital Adequacy Standard for Institutions offering Islamic Financial Services (IIFS)\n \nIFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n \nGN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS\n\n\nOverall\, this Workshop aims to:\n\n \nEnhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n \nAssist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n \nPromote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this event is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org. URL:https://www.ifsb.org/event/eve00304-ifsb-fis-workshop-series-tunisia/ LOCATION:Central Bank of Tunisia\, PQQ3+MWM\, شارع 14 جانفي\, Sfax\, Tunisia CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20180115T083000 DTEND;TZID=UTC:20180118T164500 DTSTAMP:20260404T075005 CREATED:20231024T222134Z LAST-MODIFIED:20231227T085101Z UID:6963-1516005000-1516293900@www.ifsb.org SUMMARY:IFSB-FIS Workshop Series (Pakistan) DESCRIPTION:This 4-day Workshop and is tailored for the State Bank of Pakistan and the Islamic banking institutions in Pakistan. The Workshop is supported by the Islamic Development Bank and it will cover the following IFSB Standards and publications:\n\n IFSB-15 : Revised Capital Adequacy Standard for Institutions offering Islamic Financial Services (IIFS)\n IFSB-12: Guiding Principles on Liquidity Risk Management for IIFS\n GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS\n TN-2: Technical Note on Stress Testing for IIFS\n WP-01: Strengthening the Financial Safety Net: The Role of Sharī`ah-compliant Lender-of Last-Resort (SLOLR) Facilities as an Emergency Financing Mechanism\n WP-06: Strengthening the Financial Safety Net: The Role and Mechanisms of Sharīʻah-compliant Deposit Insurance Schemes (SCDIS)\n\n\n\nOverall\, this Workshop aims to:\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this event is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n15/01/2018\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nWelcoming Remarks and Group Photo\n\n\n09:30 – 11:00\nSession 1: IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Adequacy Ratio Components of Capital Treatment of PSIA\, PER and IRR Regulatory Adjustments and Deductions\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-15: Revised 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 Past Due Receivables & Other Assets\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 3: IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Group Exercise\n\n\nDay 2\n16/01/2018\n09:30 – 11:00\nSession 4: IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-15: Revised Capital Adequacy Standard for IIFS (Cont’d) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 6: WP-01 and WP-06: Working Papers on SLOLR and SCDIS Sharī`ah Perspective on LOLR and Sharī`ah Issues in LOLR Potential Structures for Developing the SLOLR Facility Sharīʻah-compliant Deposit Insurance Current Status And Supervisory Assessment of SCDIS\n\n\nDay 3\n17/01/2018\n09:30 – 11:00\nSession 7: IFSB-12: Guiding Principles on Liquidity Risk Management of IIFS Liquidity Risk and Liquidity Risk Management Role of the Board of Directors Identification and Measurement of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-12: Guiding Principles on Liquidity Risk Management of IIFS (Cont’d) Managing Sharī`ah-Compliant Collateral Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk Guiding Principles for Supervisory Authorities\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 9: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA Components of Total Net Cash Outflows\n\n\nDay 4\n18/01/2018\n09:30 – 11:00\nSession 10: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management (Cont’d) Formula for Calculating NSFR Available and Required Stable Funding Role of Supervisory Authorities Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11: TN-2: Stress Testing for IIFS Basic Requirements For Islamic Banks Stress Tests Solvency Stress Testing for Islamic Banks Role of RSAs and Critical Considerations Liquidity Risk of Islamic Banks\n\n\n13:00 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:30\nSession 12: TN-2: Stress Testing for IIFS (Cont’d) Liquidity Stress Testing for Islamic Banks Stress Test Designs and Models Recent Developments In Stress Tests Case Study\n\n\n16:30 – 16:45\nClosing & Certificate Giving Ceremony URL:https://www.ifsb.org/event/eve00317-ifsb-fis-workshop-series-pakistan/ LOCATION:Pearl Continental\, Club Rd، opposite PIDC\, Civil Lines\, Karachi\, Pakistan CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20171211T150000 DTEND;TZID=UTC:20171211T173000 DTSTAMP:20260404T075005 CREATED:20231024T222623Z LAST-MODIFIED:20231227T085053Z UID:6967-1513004400-1513013400@www.ifsb.org SUMMARY:16th Islamic Financial Stability Forum : Recovery\, Resolution and Insolvency for Institutions Offering Islamic Financial Services (IIFS) DESCRIPTION:The 16th IFSF will be held on 11 December 2017\, in conjunction with 31st Meeting of the Council of the IFSB\, in  Kuala Lumpur\, Malaysia\, jointly hosted by the Central Bank of the Islamic Republic of Iran and Bank Negara Malaysia.\n\nThe 16th IFSF aims to provide a forum to facilitate discussion and better understanding of the emerging issues related to resolution\, recovery and insolvency\, particularly with respect to the IFSI and to identify opportunities and directions for future work in this critical area.\n\nFor more information\, please contact Ms Yazmin Aziz (yazmin@ifsb.org)\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n11/12/2017\n15:00 – 15:15\nArrival of the IFSB Full and Council Members and Forum Participants\n\n\n15:15 – 15:30\nChairman’s Remarks\n\n\n15:30 – 16:30\nPresentation on Recovery\, Resolution and Insolvency for Institutions Offering Islamic Financial Services (IIFS) Speaker : Dr. Michael McMillen\, Partner\, Curtis\, Mallet-Prevost\, Colt & Mosle LLP and IFSB Consultant Discussants: 1. Mr. Rafiz Azuan Abdullah\, Chief Executive Officer\, Malaysia Deposit Insurance Corporation 2. Mr. Madzlan Mohamad Hussain\, Partner\, ZICO Law\, Malaysia\n\n\n16:30 – 17:00\nDiscussion and Q&A Session\n\n\n17:00 – 17:30\nCoffee and Networking Break End of Forum URL:https://www.ifsb.org/event/eve00307-16th-islamic-financial-stability-forum-recovery-resolution-and-insolvency-for-institutions-offering-islamic-financial-services-iifs/ LOCATION:Lanai Kijang\, Kuala Lumpur\, Malaysia CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20171113T090000 DTEND;TZID=UTC:20171117T143000 DTSTAMP:20260404T075005 CREATED:20231024T222920Z LAST-MODIFIED:20231227T085044Z UID:6970-1510563600-1510929000@www.ifsb.org SUMMARY:IFSB-FIS Workshop for Regulatory and Supervisory Authorities (Banking Sector) DESCRIPTION:This 5-day Workshop is tailored for the regulatory and supervisory authorities for the banking sector\, thus intended to be a Train the Trainer Programme for the staff on the IFSB Standards. \nIn general\, this Workshop aims to: \n\n\n Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 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\n Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org. \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n13/11/2017\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening & Welcoming Address and Group Photo\n\n\n09:45 – 11:15\nSession 1 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) Necessary Preconditions for Effective Supervision Assessment Methodology for CPIFR Responsibilities\, Objectives and Powers Independence\, Accountability\, Resourcing and Legal Protection for Supervisors\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) – Cont’d Cooperation and Collaboration Supervisory Approach\, Techniques and Tools Treatment of Investment Account Holders (IAHs) Corporate and Sharī`ah Governance Framework\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3 – IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment) – Cont’d Risk Management Process Transactions with Related Parties Transparency and Market Discipline Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n14/11/2017\n09:30 – 11:00\nSession 4 – IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer Domestic Systemically Important Banks\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5 – IFSB-15: Revised 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 Past Due Receivables & Other Assets\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6 – IFSB-15: Revised Capital Adequacy Standard for IIFS – Cont’d Credit Risk Mitigation Recognition of Ratings by External Credit Assessment Institution Group Exercise on Leverage Ratio Group Exercise on Countercyclical Buffer\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 3\n15/11/2017\n09:30 – 11:00\nSession 7 – IFSB-15: Revised Capital Adequacy Standard for IIFS – Cont’d Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Calculation of Capital Requirements for Market risk\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8 – IFSB-15: Revised Capital Adequacy Standard for IIFS – Cont’d Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Case Studies on Legal Risk and Shariah Non-compliant Risk\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9 – IFSB-15: Revised Capital Adequacy Standard for IIFS – Cont’d Group Exercise on Operational Risk Group Exercise on Market Risk\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 4\n16/11/2017\n09:30 – 11:00\nSession 10 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the 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\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Cont’d Components of Total Net Cash Outflows Formula for Calculating NSFR Available and Required Stable Funding Case Study\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 12 – GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Cont’d The Internal Liquidity Adequacy Assessment Processes & Supervisory Liquidity Review Process Principles for Applying Alternative Liquidity Approaches Disclosure Requirements for LCR and NSFR Case Study\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 5\n17/11/2017\n09:30 – 10:30\nExperience Sharing by International Islamic Liquidity Management Corporation\n\n\n10:30 – 10:45\nCoffee Break\n\n\n10:45 – 12:00\nSession 14 – Experience Sharing on the IFSB Standards’ Implementation\n\n\n12:00 – 12:15\nClosing & Certificate Giving Ceremony\n\n\n12:15 – 14:30\nLunch and Prayer URL:https://www.ifsb.org/event/eve00302-ifsb-fis-workshop-for-regulatory-and-supervisory-authorities-banking-sector/ LOCATION:Training Room 3.1 and 3.2\, Sasana Kijang\, 2\, Jalan Dato Onn\, Kuala Lumpur\, Malaysia CATEGORIES:Capacity Building ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png END:VEVENT BEGIN:VEVENT DTSTART;TZID=UTC:20171022T083000 DTEND;TZID=UTC:20171022T140000 DTSTAMP:20260404T075005 CREATED:20071021T160037Z LAST-MODIFIED:20231228T013907Z UID:6973-1508661000-1508680800@www.ifsb.org SUMMARY:IFSB Summit 2017 : Reinvigorating the Momentum of Islamic Finance : Solidifying Resilience and Sustaining Growth DESCRIPTION:The IFSB will be organising its IFSB Summit 2017 on 22 – 24 October 2017 in Abu Dhabi\, United Arab Emirates.\n\nThe IFSB Summit 2017 themed\, “Reinvigorating the Momentum of Islamic Finance: Solidifying Resilience and Sustaining Growth” will be hosted by the Central Bank of the United Arab Emirates (CBUAE).\n\nThe IFSB Summit 2017 will take place against the backdrop of a world economy that is undergoing a paradigm shift resulting from the new uncertainties emerging from a changing global geopolitical landscape\, evolving monetary policy tightening in the US\, sluggish recovery in oil prices and a general uncertainty in economic outlook. These factors\, combined with lagged precedents from the earlier years\, have contributed towards a general slowdown in the global economy\, the impact of which has also been felt across the Islamic financial services industry (IFSI) where some sectors of the industry have been experiencing a slowdown in recent times.\n\nThe IFSB Summit 2017 seeks to discuss the issues and challenges facing the IFSI in the present conditions with a view to finding opportunities to reinvigorate the growth momentum across the various sectors while solidifying resilience of the institutions offering Islamic financial services. These efforts need to be considered in conjunction with supportive policy reforms by the regulatory and supervisory authorities\, particularly at this time of on-going implementation of post-financial crisis strengthened regulatory requirements.\n\nProminent speakers from among regulatory and supervisory authorities\, heads as well as senior financial sector supervisors and experts from international financial institutions will be invited to discuss the following sessions:\n1.Islamic Finance: From Niche to Mainstream” The FinTech\n2.Innovative Progression: Boon or Bane for Traditional Financial Institutions?\n3.Implementing New Regulatory Reforms: Balancing between the Soundness and Competitiveness of IIFS”\,\n4.Islamic Capital Markets: Towards Greater Harmonisation in Cross Border Activities”\n5.The Way Forward for Islamic Finance: Strengthening Value Proposition\, Sustaining Resilience\n\nThe Summit welcomes high-level participants from regulatory and supervisory authorities\, institutions offering Islamic financial services\, international organisations\, multilateral development banks\, academics\, and think tanks among others.\n\nThe main Summit will be preceded by Pre-Summit events on the 22 October 2017.\n\nThe full agenda of the Summit and Pre-Summit events are available on the website – www.ifsbsummit2017.com.\n\nFor more information\, please contact the following Secretariats:\n\n Pre-Summit and Summit : Ms. Yazmin Aziz (yazmin@ifsb.org)\n Media : Mrs. Siham Ismail (siham@ifsb.org) and Ms. Rosmawatie Abd Halim (rosmawatie@ifsb.org)\n Sponsorship Opportunities : Ms. Rosmawatie Abd Halim (rosmawatie@ifsb.org)\n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nThe IFSB Summit 2017 was held on 23 and 24 October 2017 in St. Regis Hotel\, Abu Dhabi\, United Arab Emirates\, hosted by the Central Bank of the United Arab Emirates (CBUAE).\n\nIt was themed\, “Reinvigorating the Momentum of Islamic Finance: Solidifying Resilience and Sustaining Growth”.\n\nH.E. Mubarak Rashed Khamis Al Mansoori\, the Governor of the CBUAE and host of the IFSB Summit 2017 welcomed the delegates in his welcoming speech and followed by the Acting Secretary-General of the IFSB\, Mr. Zahid ur Rehman Khokher who delivered the Opening Remarks.\n\nH.E. Abdullah bin Ahmed Al Saleh\, the Under-Secretary of the Ministry of Economy for Foreign Trade and Industry\, UAE and Mr. Iqbal Ahmad Khan\, the Chief Executive Officer of Fajr Capital Limited\, UAE were invited to the Summit to deliver the keynote address at the Opening Session of the IFSB Summit 2017.\n\nWhile at the Gala Dinner which was held in the evening of 23 October 2017\, the Keynote Address was delivered by Professor Dr. Volker Neinhaus\, Professor of Economics\, University of Bochum\, Germany and Visiting Professor at the ICMA Centre\, Henley Business School\, University of Reading\, United Kingdom.\n\n21 chairpersons and speakers who were deputy and asisstant governors\, heads as well as senior financial sector supervisors and experts from international financial institutions participated and panelled the following sessions:\n\n Islamic Finance: From Niche to Mainstream The FinTech\n Innovative Progression: Boon or Bane for Traditional Financial Institutions?\n Implementing New Regulatory Reforms: Balancing between the Soundness and Competitiveness of IIFS\n Islamic Capital Markets: Towards Greater Harmonisation in Cross Border Activities\n The Way Forward for Islamic Finance: Strengthening Value Proposition\, Sustaining Resilience\n\nThe IFSB Summit 2017 saw the participation of key Islamic financial services industry leaders\, from among regulatory and supervisory authorities\, international and regional multilateral organisations\, financial institutions from over 25 countries as well as the local UAE financial community.\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n22/10/2017\nPRE-SUMMIT EVENTS\n\n\n08:30 – 17:00\nExhibition\n\n\n08:30 – 09:45\nPre-Summit Event 1: IFSB Members and Industry Engagement Session\n\n\n09:45 – 10:30\n\nPre-Summit Event 2 : Industry Development Session by International the Islamic Liquidity Management Corporation \nTheme : Regulators’ Response Towards Specific Market Enhancement – The IILM Case Study Speaker: Abdoul Aziz Ba\, Acting Chief Executive Officer\, International Islamic Liquidity Management Corporation \n\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\n\nPre-Summit Event 3 : Country Showcase by Dubai Islamic Economy Development Centre  \nTheme : “Development Overview Of Islamic Finance In the United Arab Emirates” Speaker: Saeed Mubarak Kharbash\, (designation)Dubai Islamic Economy Development Centre \n\n\n\n12:30 – 13:30\nLunch\n\n\n13:30 – 16:00\n\nPre-Summit Event 4 : Malaysia Country Showcase by the Malaysia International Islamic Financial Centre and Finance Accreditation Agency \nWelcoming Remarks: Marzunisham Omar\, Assistant Governor\, Bank Negara Malaysia Panel Discussion 1: Build to Last: Roles of Professional Ancillary Services Moderator: Rafe Haneef\, Chief Executive Officer\, CIMB Islamic Bank Panelists: Dr. Mohd Daud Bakar\, Chairman of the Shariah Advisory Councils of Malaysia / Founder and Group Chairman of Amanie Group\, Dr. Nik Norzrul Thani\, Senior Partner. Zaid & Ibrahim Co.\, and Professor Dr. Mohammad Azmi Omar Launch of Finance Accreditation Agency’s Islamic Finance Professional Qualification Structure by Marzunisham Omar\, Assistant Governor\, Bank Negara Malaysia Panel Discussion 2: Raising the Bar of Islamic Finance Professionals Moderator: Khairul Nizam\, Chief Executive Officer\, Finance Accreditation Agency Panelists: Wan Abdul Rahim Kamil\, ICM Consultant\, Finance Accreditation Agency \n\n\n\n16:00 – 16:30\nCoffee Break\n\n\n20:00 – 22:00\n\nSummit Welcome Dinner Hosted by the Central Bank of the UAE \nEmirates Palace Abu Dhabi \n\n\n\nDay 2\n23/10/2017\nIFSB SUMMIT 2017 (DAY 1)\n\n\n08:30 – 17:30\nExhibition\n\n\n08:30 – 09:30\nRegistration and Welcome Coffee\n\n\n09:30 – 10:30\nOpening & Keynote Session\n\n\n10:30 – 11:00\nCoffee Break & Networking\n\n\n11:00 – 12:30\n\nSession 1 : Panel Discussion: Islamic Finance: From Niche to Mainstream \nThe sustained increase in domestic market share over the last decade has enabled the Islamic financial services industry (IFSI) to gain sizeable traction in a number of jurisdictions. There are now at least 12 jurisdictions where Islamic banking is identified to have systemic importance for the domestic banking sector. These trends indicate Islamic finance is now gradually moving towards achieving mainstream concentration. What doors to opportunities could be further unlocked for the stakeholders? What would be the issues and challenges to this path of transformation? This session aims to highlight: • The growth and transformation of the IFSI over the last decade • Key differentiation between Islamic and conventional finance products • Measures to be undertaken for future growth and competitiveness • Emerging risks in the IFSI and the preparedness of institutions offering Islamic financial services to deal with such risks • The role of the regulatory framework in ensuring sustained resilience of institutions offering Islamic financial services \n\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:30\n\nSession 2 : The FinTech Innovative Progression: Boon or Bane For Traditional Financial Institutions? \nThis Session aims to look into and discuss the widespread launch of financial technology platforms globally\, which has begun to change the shape of how traditional banking and financial transactions are carried out\, particularly by the age group of millennials. More so\, FinTech and P2P platforms are beginning to partake financing activities that the traditional banking models have generally not participated deeply in. These include microfinance to individuals and business financing to small- and medium-sized enterprises. How has this development affected the traditional financial institutions – do FinTech and P2P platforms complement\, or substitute\, traditional banking and finance services? This session aims to highlight: • The rise of FinTech / P2P platforms and their impact on the financial market place • The response of the traditional financial institutions to the FinTech Boom • The relevance and applicability of Sharīʻah-compliant contracts to FinTech transactions • The enabling “regulatory sandbox” guidelines for innovations in Sharīʻah-compliant FinTech / P2P offerings • Boosting SME Financing through Fin Tech and P2P Platforms \n\n\n\n15:30 – 16:00\nCoffee Break & Networking\n\n\n16:00 – 17:30\n\nSession 3 : Implementing New Regulatory Reforms: Balancing Between the Soundness and Competitiveness of Institutions offering Islamic Financial Services \nThe Session aims to discuss the post-financial crisis regulatory reforms\, which have underscored the importance of systemic risk and a macro-prudential approach towards financial-sector risk management\, as well as unrolled a more stringent capital and liquidity adequacy framework. Regulatory and supervisory authorities (RSAs) have now started to implement these reforms and institutions offering Islamic financial services (IIFS)\, being under their regulatory mandate\, also have to comply with such guidelines. How enabled is the market infrastructure in supporting the IIFS to meet these revised financial regulations? What types of financial safety-nets arrangements and liquidity management instruments are available for the IIFS? Given a condition where there is a lack of supporting Sharīʻah-compliant instruments\, how do the RSAs adopt flexibility (if any) to accommodate IIFS? What is the rule of thumb when it comes to implementing regulations with a view to balancing between soundness and competitiveness of the IIFS? How do RSAs treat IIFS within their broader macro-prudential framework? This session aims to highlight:\n• Key highlights of the Basel III / IFSB second generation prudential standards and their impact on IIFS\n• The challenges for the IIFS in meeting these new financial regulations\n• Alternative regulatory approaches by RSAs for IIFS\n• Macro-prudential approaches for RSAs towards IIFS \n\n\n\n19:00 – 22:00\n\nIFSB Summit 2017 Gala Dinner  \nVenue : Khalidiya Palace Rayhaan by Rotana\, Abu Dhabi \n\n\n\nDay 3\n24/10/2017\nIFSB SUMMIT 2017 (DAY 2)\n\n\n08:30 – 14:00\nExhibition\n\n\n08:30 – 09:30\nWelcome Coffee\n\n\n09:30 – 11:00\n\nSession 4 : Islamic Capital Markets: Towards Greater Harmonisation in Cross Border Activities \nIn the post-financial crisis years\, Islamic capital market (ICM) has also become a viable alternative source for raising funds by sovereigns\, quasi-sovereigns (Ministries/Central Banks\, etc.) government-related entities and market players\, with Ṣukūk being a particularly preferred instrument. These funds have been raised to support a variety of budgetary needs including to fund development expenditures\, meet working capital needs\, and finance infrastructure projects\, etc. The fund raising has not been restricted to Muslim-majority countries\, and a number of non-Muslim majority states have also participated in ICM (e.g. via issuing Ṣukūk\, listing Sharīʻah-compliant funds\, etc). A key facilitator for ICM\, going forward\, will be greater harmonisation in the issuance and trading of Islamic securities on cross border platforms. This session aims to highlight:\n• The role of Islamic capital market in facilitating fund-raising for issuers\n• The challenges emanating from divergent practices between jurisdictions in relation to ICM products\n• The opportunities for greater cross-border collaboration and business expansion\n• The need for harmonising disclosure practices between jurisdictions in relation to ICM products \n\n\n\n11:00 – 11:30\nCoffee Break & Networking\n\n\n11:30 – 13:00\n\nSession 5 : Wrap-up Session: The Way Forward for Islamic Finance: Strengthening Value Proposition\, Sustaining Resilience  \nThe stakeholders of the IFSI\, each\, need to play their due role in reinvigorating momentum in the IFSI while sustaining its stability and resilience. RSAs need to continue the development and implementation of facilitative prudential\, legal and regulatory architecture for the IIFS. The market players themselves need to ensure sound risk management principles are in place keeping in view the specificities of Islamic financial transactions. The international standard setters should continue pushing forward the reform agenda by way of providing further guiding principles and technical notes on diverse subject matters in relation to the IFSI including on resolution\, recovery and insolvency structures of the IIFS\, Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) safeguards in IIFS transactions\, upholding of consumer protection in IFSI products and services\, etc. This session aims to highlight:\n• The key challenges and issues for the IFSI from the current global economic and political conditions and measures to address them\n• The role of the various IFSI stakeholders in faring through this period with a view to achieving growth and sustainability\n• The expected challenges for the IFSI (if any) in the near future\n• In general\, the way forward for the IFSI to weather through turbulent times and achieve greater heights \n\n\n\n13:00 – 14:00\nLunch URL:https://www.ifsb.org/event/eve00300-ifsb-summit-2017-reinvigorating-the-momentum-of-islamic-finance-solidifying-resilience-and-sustaining-growth/ LOCATION:St Regis Abu Dhabi Hotel\, Corniche\, Nation Towers - 1st St - Al Bateen\, Abu Dhabi\, United Arab Emirates CATEGORIES:Awareness Programme ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00300-19.jpg END:VEVENT END:VCALENDAR