Public Consultation on IFSB Exposure Draft (ED-30) – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services (Banking Segment)
2023-05-02 - 2023-05-03 | Online
In the IFSB 59th Technical Committee Meeting held on 15-16 March 2023, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation;

Public Consultation on IFSB Exposure Draft (ED- 30) – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services (Banking Segment)

The Public Consultation period will be from 22 March 2023 to 20 May 2023.
In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-30 at 4.00 PM (GMT +8.00, Malaysia time) as below:
English : Tuesday, 2 May 2023
Arabic : Wednesday, 3 May 2023
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:
English : https://zoom.us/webinar/register/WN_su6F1OOCR36MciTnRYoK_w
Arabic : https://zoom.us/webinar/register/WN_cfNg4lZ8SMOmu3ZT3itRyg
An email confirmation containing about joining the webinar will be sent after registration.
Ms. Nurul Ashikin Alias (nurulashikin@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-30.

1st Task Force Meeting on Recovery and Resolution of Takaful Undertakings
2023-05-05 | Online
The 1st Task Force Meeting on Recovery and Resolution of Takāful Undertakings is scheduled to be held as follows:

Date
5 May 2023

Time
3.00 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 nurulashikin@ifsb.org

Event Snapshots

Public Consultation on IFSB Exposure Draft (ED-29) Conduct of Business Supervision in Takāful Undertakings
2023-05-10
In the IFSB 59th Technical Committee Meeting held on 15-16 March 2023, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation;

Public Consultation on IFSB Exposure Draft (ED-29) Conduct of Business Supervision in Takāful Undertakings

The Public Consultation period will be from 29 March 2023 to 28 May 2023.

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-29 on Wednesday, 10 May 2023 at 4.00 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_mTzrkRFUQm2vywd0H96_TQ

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

Ms. Nurul Ashikin Alias (nurulashikin@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-29.

Regional Facilitating Implementation of IFSB Standards (FIS) Workshop (Arabic)
2023-05-16 | Online
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.
This regional workshop will be conducted virtually on 16 May 2023 at 10.00 to 14.35 (GMT+3), covering Islamic banking segment with the following details.
SESSION 1
IFSB-17: Core Principles for Islamic Finance Regulations (Banking Segment)

CPIFR 14: Treatment of Investment Account Holders (IAHs)
CPIFR 15 Corporate Governance
CPIFR 16 Shariah Governance Framework
CPIFR 17 Risk Management Process
CPIFR 18 Capital Adequacy
CPIFR 32 Islamic “Windows” Operations

SESSION 2
IFSB–23: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (Banking Segment)

Regulatory Capital
Principles for Minimum Capital Requirements
Capital Requirements for Islamic Financing and Investment Activities

The workshop is free of charge and will be delivered in Arabic.
Registration is open to ALL IFSB MEMBERS (with your official e-mail) through this link: ifsb-secretariat.webex.com/weblink/register/r57840a3a75f9cbb742d3bbcb62835d55
For further information, please reach out to Mr. Muhammad Jidda Tom, mjidda@ifsb.org (CC: implementation@ifbs.org).
***REGISTRATION IS OPEN FOR IFSB MEMBERS ONLY***

IFSB Extraordinary Meeting of the Technical Committee
2023-05-18 | Online
The IFSB Extraordinary Meeting of the Technical Committee of the IFSB is scheduled to be held as follows:

Date
18 May 2023

Time
3.00 PM – 5.00 PM (Malaysia time, GMT +8.00)

Venue
Online

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

9th Executive Committee Meeting of the IFSB
2023-05-22
The Secretariat is pleased to announce that the 9th Executive Committee Meeting of the IFSB will be held online on Monday, 22 May 2023.
Participation in the meeting is open to the Executive Committee members only. For more information or enquiries, please email to fadhila@ifsb.org.

6th IFSB Executive Programme on Effective Regulation and Supervision of Takaful Institutions
2023-05-23 - 2023-05-24 | Mezzanine Floor, AICB Centre of Excellence, Levels 11 & 12, Bangunan AICB, 10, Jalan Dato Onn, Kuala Lumpur, Malaysia

4th Task Force Meeting of Technical Note on Macroprudential Tools for IIFS (banking segment)
2023-05-31 | MS Teams
The 4th Task Force Meeting of Technical Note on Macroprudential Tools for IIFS (banking segment) is scheduled to be held as follows:

Date
31 May 2023

Time
3.00 PM (GMT+8, Malaysia time)

Venue
MS Teams

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

Event Snapshots

FIS Workshop on Islamic Capital Market - SEC Nigeria (Online)
2023-06-08 | Virtual
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.
This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the Securities and Exchange Commission (SEC) of Nigeria and will be conducted virtually on 8 June 2023, covering Islamic Capital Market segment.
The workshop focuses on IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukūk and Islamic Collective Investment Schemes).

FIS Workshop on Stress Testing for Islamic Banks - AIFC Kazakhstan (Online)
2023-06-12 - 2023-06-13 | Online
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.
This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to Astana International Financial Center (AIFC) of Kazakhstan and will be conducted virtually on 30-31 May 2023, covering Islamic banking segment.
The workshop focuses on stress testing for Intitutions offering Islamic Financial Services (IIFS) such as IFSB-13: Guiding Principles on Stress Testing for IIFS (Banking Segment) and TN-2: Technical Note on Stress Testing for IIFS (Banking Segment).

2nd Task Force Meeting on Recovery and Resolution of Takāful Undertakings
2023-06-26 | Online
The 2nd Task Force Meeting on Recovery and Resolution of Takāful Undertakings is scheduled to be held as follows:

Date
26 June 2023

Time
3.00 PM (GMT+8, Malaysia time)

Venue
MS Teams”

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

7th Working Group Meeting - Conduct of Business Supervision in Takāful Undertaking (CBST)
2023-07-05 | MS Teams
The 7th Working Group Meeting – Conduct of Business Supervision in Takāful Undertaking (CBST) is scheduled to be held as follows:

Date
5 July 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
MS Teams

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

5th Task Force Meeting of Technical Note on Macroprudential Tools for IIFS (banking segment)
2023-07-06 | MS Teams
The 5th Task Force Meeting of Technical Note on Macroprudential Tools for IIFS (banking segment) is scheduled to be held as follows:

Date
6 July 2023

Time
3.30 PM (GMT +8.00, KL Time)

Venue
MS Teams

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

9th Executive Committee Meeting of the IFSB (2nd Session)
2023-07-10 | Online
The Secretariat is pleased to announce that the 9th Executive Committee Meeting of the IFSB (2nd Session) will be held online on Monday, 10 July 2023.

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

FIS Workshop on Islamic Capital Market - SEC Nigeria
2023-07-12 | IFSB, Sasana Kijang, Bank Negara Malaysia, Level 5, Sasana Kijang, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.
This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the Securities and Exchange Commission (SEC) of Nigeria and will be conducted during their visit to Kuala Lumpur, Malaysia on 12 July 2023, highlighting global trends and developments of Islamic capital market as well as brief summary on relevant IFSB Standards.
The in-depth discussion focuses on GN-8: Guidance Note on Deepening the Islamic Capital Market.

FIS Workshop on Takāful for IPRSA Türkiye (Online)
2023-07-12 - 2023-07-14 | Virtual
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.
This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the the Insurance and Private Pension Regulation and Supervision Agency (IPRSA) of Türkiye and will be conducted virtually on 19 to 23 June 2023, covering Takāful segment.
The workshop will cover the following standards and practices in some other jurisdictions.

IFSB-20: Key Elements in the Supervisory Review Process (SRP)
IFSB-25: Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings
IFSB-27: Core Principles for Islamic Finance Regulation [Takaful Segment] (CPIFR-Takaful)

7th Working Group meeting for the Revised Guiding Principles on Corporate Governance for Institutions offering Islamic Financial Services [Banking Segment]
2023-07-17 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
The 7th Working Group meeting for the Revised Guiding Principles on Corporate Governance for Institutions offering Islamic Financial Services [Banking Segment] is scheduled to be held as follows:

Date
17 July 2023

Time
9.30 AM (GMT +8.00, KL Time)

Venue
Sasana Kijang, Kuala Lumpur, Malaysia

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

1st Task Force meeting of the Guidance Note on Regulation and Supervision of Climate-related Financial Risks for IIFS (Banking Segment)
2023-07-18 | MS Teams
The 1st Task Force meeting of the Guidance Note on Regulation and Supervision of Climate-related Financial Risks for IIFS (Banking Segment) is scheduled to be held as follows:

Date
18 July 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
MS Teams

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

IFSB 60th Technical Committee Meeting
2023-07-25 | Online
The 60th Technical Committee Meeting of the IFSB is scheduled to be held as follow:

Date
25 July 2023

Time
4.00 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

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

IFSB 40th Arabic Editing Committee Meeting
2023-07-31 14:30 - 2023-08-02 18:30 (Asia/Kuala_Lumpur) | Online
The 40th Arabic Editing Committee Meeting of the IFSB is scheduled to be held as follow :

Date
31 July 2023 – 2 August 2023

Time
2.30 PM – 6.30 PM (GMT +8.00, KL time)

Venue
Web conference / webinar

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

Facilitating Implementation of the IFSB Standards (FIS) Workshop for CMA of Saudi Arabia
2023-08-14 | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.

This FIS workshop is held alongside with the 42nd Council Meeting and the 21st General Assembly in the Kingdom of Saudi Arabia. As a collaborative event with the Saudi Central Bank (SAMA) and the Capital Market Authority of Saudi Arabia, the 2-session workshop focuses on Islamic Capital Market for CMA and its domestic market players with the following details to cover:

IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukuk and ICIS)
IFSB-21: Core Principles for Islamic Finance Regulation (ICM Segment)

IFSB 2023 Annual Meetings and Side Events
2023-08-14 | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia
The IFSB 2023 Annual Meetings and Side Events are hosted by Saudi Central Bank. The details of the events are as follows:
Monday, 14 August 2023

IFSB Capacity Building Programme for Market Players (CBM) Workshop (closed session & by invitation ONLY)

1st IFSB Consultative Group (ICG) Meeting (closed session & by invitation ONLY)

FIS Workshop on Capital Market Sector (closed session & by invitation ONLY)

3rd IFSB CEO’s Forum (Open to all)

Tuesday, 15 August 2023

IFSB IFSI Stability Forum 2023 (Open to all)

IFSB 20th Anniversary Symposium and Launching of Publication (open to all)

IFSB 20th Anniversary Dinner (for IFSB members, Accompanying Officers & SAMA’s invitees ONLY)

Wednesday, 16 August 2023

42nd IFSB Council Meeting (closed session & by invitation ONLY)

21st General Assembly (for IFSB members ONLY)

Participation in the IFSB 2023 Annual Meetings and Side Events is by invitation only. Please email your enquiries to Ms. Fadhila at fadhila@ifsb.org and Ms. Farhana at farhana@ifsb.org
The IFSB and Saudi Central Bank look forward to welcoming members of the IFSB and Islamic finance industry stakeholders to Kingdom of Saudi Arabia.
Note: The IFSB reserves the right to make any necessary amendments/changes to the Council meeting and other programme without prior notification

Capacity Building for Market Players (CBM) Workshop in Islamic Banking
2023-08-14 | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members.

This capacity building for market players (CBM) workshop is held alongside with the 42nd Council Meeting and the 21st General Assembly in the Kingdom of Saudi Arabia. As a collaborative event with the Saudi Central Bank (SAMA), the 2-session workshop focuses on Islamic Banking with the following details to cover:

Islamic windows operations from IFSB Standards perspective
Shari’ah Governance framework from IFSB Standards perspective

21st Islamic Financial Stability Forum
2023-08-14 09:00 - 13:00 (Europe/Moscow) | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia

3rd IFSB CEO FORUM
2023-08-14 13:50 - 16:25 (Europe/Moscow) | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia

IFSB 20th Anniversary Symposium
2023-08-15 13:30 - 18:15 (Europe/Moscow) | Fairmont Riyadh, Area, Business Gate, Qurtubah, Riyadh, Saudi Arabia

3rd Task Force Meeting on Recovery and Resolution of Takāful Undertakings
2023-09-07 | MS Teams
The 3rd Task Force Meeting on Recovery and Resolution of Takāful Undertakings is scheduled to be held as follows:

Date
7 September 2023

Time
3.30 PM (GMT +8.00, KL Time)

Venue
MS Teams

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

IFSB 61st Meeting of the Technical Committee
2023-10-23 - 2023-10-24 | Multipurpose Hall 2.01, AICB Building, Levels 11 & 12, Bangunan AICB, 10,Jalan Dato Onn, Kuala Lumpur, Malaysia
The 61st Meeting of the Technical Committee of the IFSB is scheduled to be held as follows

Date
23 – 24 October 2023

Time
10:00 – 15:00 (Day-1) / 10:00 – 12:00 (Day-2) – (GMT+8, Malaysia time)

Venue
Multipurpose Hall 2.01, Asian Institute of Chartered Bankers (AICB), Kuala Lumpur, Malaysia

Participation in the meeting is by invitation and open to the Technical Committee (TC) Members only. For more information or enquiries, please email to Ms. Fadhila at fadhila@ifsb.org

Regulatory and Supervisory Authorities (RSAs) Workshop for Islamic Banking Sector
2023-10-23 - 2023-10-25 | The Asian Institute of Chartered Bankers (AICB), Levels 11 & 12, Bangunan AICB, 10, Jalan Dato Onn, Kuala Lumpur, Malaysia
As part of IFSB’s mandate to assist member jurisdictions in implementing IFSB standards, IFSB will be conducting a “Regulatory and Supervisory Authorities Workshops (RSAs Workshops)” on 23 – 25 October 2023 in Kuala Lumpur, Malaysia.
This workshop is intended specifically for regulators and supervisors in Islamic Banking sector focusing on prudential standards.
Due to limited capacity, the acceptance of participants will be on the first-come first-served basis.
For further inquiries, please send your e-mail to implementation@ifsb.org.
***OPEN ONLY FOR IFSB RSA MEMBERS IN ISLAMIC BANKING***

4th Task Force Meeting on Recovery and Resolution of Takāful Undertakings
2023-10-30 00:00 - 23:59 UTC | Multipurpose Hall 2.01, AICB Building, Levels 11 & 12, Bangunan AICB, 10,Jalan Dato Onn, Kuala Lumpur, Malaysia
The 4th Task Force Meeting on Recovery and Resolution of Takāful Undertakings is scheduled to be held as follows:

Date
30 October 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
MS Teams

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