8 events found.
Events
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The Gulf Hotel Bahrain Building 11 Rd No 3801, Manama, Manama, Bahrain -
Navigating Risks: Risk Management for Islamic Financial Institutions (Banking)
FeaturedAs Islamic financial institutions continue to grow in complexity and scale, effective risk management becomes critical to ensuring resilience and financial stability. This course provides a rigorous and applied understanding of risk management for institutions offering Islamic financial services (IIFS), anchored in IFSB-1: Risk Management for Institutions Offering Islamic Financial Services. The course opens with the foundational risk management cycle and examines how each stage is influenced by the nature of Islamic contracts and the Sharīʿah governance structures that underpin them. Participants will gain a clear understanding of both the risks common to all financial institutions (credit, market, liquidity, and operational risk) and the risks specific to Islamic banks, including equity investment risk, rate of return risk, displaced commercial risk, Sharīʿah non-compliance risk, and fiduciary risk. A key feature of the course is its contract-level analysis of risk. Participants will examine how credit and market risks arise and transform across different stages of Islamic financing contracts and how these transformations demand a holistic, interconnected approach to risk management. The course further covers Sharīʿah-compliant credit risk mitigation techniques, including Hamish Jiddiyah, Urbun, Kafalah, and Rahn. The course is ideal for regulators, supervisors, and practitioners with a background in Islamic finance
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Safeguarding Takaful: Recovery and Resolution Framework
Course Description: This course offers comprehensive guidance on implementing effective Recovery and Resolution Frameworks (RRF) for Takāful undertakings (TUs), focusing on Takāful Core Principles (IFSB-27). It addresses the unique characteristics of Takāful operations and their implications for exit strategies, resolution planning, and enterprise risk management for solvency purposes. Participants will learn how to interpret and apply TCP 12 (Exit from the Market and Resolution) and TCP 16 (Enterprise Risk Management for Solvency Purposes) in the context of Takāful. It also provides practical guidance in addressing legal and operational challenges such as liquidation regimes, fund resolutions, and Sharīʻah compliance. Additionally, the participants will be able to Implement strong accounting, auditing, and disclosure regimes for Takāful undertakings and windows. The course combines theoretical foundations with practical insights, ensuring participants can design and implement effective recovery and resolution strategies for Takāful institutions that are systemically significant or critical. Qualification: Participants should possess background in finance, insurance regulation, or Islamic finance. This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_U81CzrLzQhCxCDcpe3KXkw
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24th Workshop of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs)
The Islamic Financial Services Board (IFSB) is pleased to invite the PSIFIs members to the IFSB 24th Workshop of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs), taking place on 24 and 25 September 2026 in Istanbul, Türkiye. This two-day, in-person workshop will provide a valuable platform for participants to deepen their technical knowledge, strengthen practical capabilities and exchange experiences. Why Attend? Through expert-led presentations, practical exercises and focused discussions, the workshop will help participants strengthen their understanding of current developments and emerging issues relating to PSIFIs. Participants will have the opportunity to: Practical Training on the New IFSB Data Portal The workshop will be dedicated for practical training on the new IFSB Data Portal. Participants will be guided through the data submission process and will have the opportunity to apply their learning through hands-on exercises. This practical component is designed to support institutions in submitting PSIFIs data more efficiently, accurately and consistently. Participants are requested to bring their own laptops to ensure full participation in the training sessions. Workshop Details Register Now Take part in this important capacity-building programme and strengthen your institution’s ability to compile, report and manage high-quality Islamic financial sector data. Participants are encouraged to complete the registration form at their earliest convenience. To register, please click the link below and complete the registration form: https://forms.office.com/r/JdW6EHF57S?origin=lprLink Enquiries For further information regarding the workshop, please contact: 1. Ms. Alina Nur Shaida ([email protected]) Please copy: 2. Ms. Nurul Ashikin at ([email protected]) 3. Mr. Ridwan Sobirin ([email protected]) We look forward to welcoming you to the 24th PSIFIs Workshop in Istanbul.
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Managing Climate Related Financial Risks in Islamic Finance
Course Description: This course introduces the IFSB Guidance Note (GN-11) on Climate-Related Financial Risks (CRFR) and examines how climate change can impact the financial soundness of Islamic banking institutions. It explores both physical and transition risks, their implications for Sharīʿah-compliant contracts and portfolios, and the integration of climate risk into governance, risk management, and disclosure practices. Participants will learn how Islamic banks can align their frameworks with IFSB and global sustainability standards, including TCFD and ISSB recommendations. Case studies and workshops provide practical tools for identifying, assessing, and mitigating climate risks while supporting Sharīʿah objectives, ESG and SDG. Qualification: Participants should have a basic understanding of Islamic finance and sustainability. This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_RnDDqkkwSSi_lhuRI_GtmQ
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Simulation Course on Liquidity Risk Management
Course Description: This course provides an immersive, hands‑on learning experience designed to strengthen participants’ understanding and practical skills in managing liquidity risk within financial institutions. Through simulation‑based exercises, participants will engage in real‑time decision‑making scenarios that mirror the dynamics of liquidity stress, funding pressures, and market disruptions. Participants will navigate crisis scenarios, assess trade‑offs between funding options, manage liquidity shocks, and coordinate responses across key functions. Participants will be equipped to identify vulnerabilities, evaluate liquidity positions, and implement robust strategies to maintain resilience in both normal and stress conditions. The course is ideal for practitioners seeking applied, scenario‑based training in liquidity risk management. Qualification: Participants should have a basic understanding of Islamic finance and experience in regulation, supervision, and practitioners.
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IFSB-CEF Course on Sukuk Restructuring and Regulation
KuwaitCourse Description: With the growing recognition of Islamic Finance instrument, Sukuk has emerged as an accepted method of capital raising. This course provides authorities with a focused, practical, and fully integrated understanding of Sukuk structuring across, financial, legal and Shariah dimension within the broader context of international standard-setting and capital market oversight. It examines the macro-financial role of Sukuk in public finance and market development, while also covering the practical aspects of structuring, issuance, pricing, credit rating, and operationalization of Sharīʿah contracts. The course emphasizes the operational application of key IFSB Standards to strengthen participants’ ability to evaluate Sukuk structures, assess disclosure practices, and support effective supervisory implementation in line with evolving market developments. Through case-based diagnostics, participants will examine the financial market infrastructure, apply relevant IFSB guidance in supervisory and disclosure assessments, liquidity management, and Sharīʿah governance, and identify vulnerabilities, disclosure gaps, and governance challenges in Sukuk markets. Qualification: Participants should be securities regulators, supervisors, central bank officials, or debt management officers involved in Islamic capital market development and sovereign financing strategies. A fundamental understanding of debt securities is required, while prior exposure to Sukuk is preferred.
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Joint IFSB-IMF/CEF Course on Basel and IFSB Core Principle
KuwaitCourse Description: This programme is designed to enhance the capacity of RSAs in deepening the participants’ understanding of the Basel Core Principles for Effective Banking Supervision (BCP), as the foundational benchmark for sound supervision, complemented with the IFSB Core Principles for Islamic Finance Regulation (Banking Segment) (CPIFR) to address the unique risk characteristics of Islamic finance. Focusing on assessing the financial system stability and ensuring compliance with the international standards, the course leverages the complementarity and close interlinkages between these frameworks. Through a combination of expert‑led sessions, case studies, group work, and guided discussions, participants will engage in practical, scenario‑based exercises that replicate real‑world supervisory challenges. The training approach prioritizes hands‑on application to strengthen participants’ ability to assess risks, identify supervisory gaps, and formulate appropriate regulatory responses. Qualifications: Participants should be mid- to senior-level officers from banking regulatory and supervisory authorities (RSAs), with at least five years of relevant experience in banking regulation, supervision, examination, risk management, or financial sector surveillance. Familiarity with the BCP is required, while knowledge of the IFSB CPIFR is highly recommended.
