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BEGIN:VEVENT
DTSTART;TZID=UTC:20131126T090000
DTEND;TZID=UTC:20131126T120000
DTSTAMP:20260404T020637
CREATED:20131125T170735Z
LAST-MODIFIED:20231228T021711Z
UID:11951-1385456400-1385467200@www.ifsb.org
SUMMARY:The IFSB Public Hearing on ED16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS
DESCRIPTION:In line with the IFSB due process for the development of Standards and Guiding Principles\, a Public Hearing will be held for  Exposure Draft 16: Revised Guidance on Key Elements in the Supervisory Review Process of Institutions Offering Islamic Financial Services (Excluding Islamic Insurance (Takāful) institutions and Islamic Collective Investment Schemes). For more information on the Public Hearing\, please email to Ms. Nur Khairun Nissa at khairun.nissa@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n26/11/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nPresentation on Exposure Draft – 16: Revised Guidance on Key Elements in the Supervisory Review Process of Institutions Offering Islamic Financial Services (IIFS)\n\n\n11:00 – 11:30\nQuestion and Answer\n\n\n11:30 – 12:00\nCoffee Break
URL:https://www.ifsb.org/event/eve00219-the-ifsb-public-hearing-on-ed16-revised-guidance-on-key-elements-in-the-supervisory-review-process-of-iifs/
LOCATION:Sasana 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:20131125T090000
DTEND;TZID=UTC:20131129T163000
DTSTAMP:20260404T020637
CREATED:20131124T171344Z
LAST-MODIFIED:20231228T015419Z
UID:11956-1385370000-1385742600@www.ifsb.org
SUMMARY:IFSB-FIS Workshops for Regulatory and Supervisory Authorities for the Banking Sector
DESCRIPTION:Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n25/11/2013\nDAY 1\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening Session: Opening Remarks by the IFSB\n\n\n09:50 – 11:10\nIslamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS\n\n\n11:10 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nIFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) Credit Risk & Supervisory Perspective Equity Investment Risk & Supervisory Perspective Operational Risk & Supervisory Perspective Market Risk & Supervisory Perspective Liquidity Risk & Supervisory Perspective Rate of Return Risk & Supervisory Perspective\n\n\n13:00 – 14:00\nLunch & Prayers\n\n\n14:00 – 16:00\nCase Studies and Experience Sharing Case Studies on Risk Management\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 2\n26/11/2013\nDAY 2\n\n\n09:30 – 11:30\nPublic Hearing of the Exposure Draft – 16: Revised Guidance on Key Elements in the Supervisory Review Process of Institutions Offering Islamic Financial Services (IIFS)\n\n\n11:30 – 12:00\nCoffee Break\n\n\n12:00 – 13:00\nChallenges in Liquidity Risk Management from Global Perspective and Implications for IIFS Significance of Liquidity Risk Management for Financial Institutions in Post-crisis World\n\n\n13:00 – 14:00\nLunch & Prayers\n\n\n14:00 – 16:00\nChallenges in Liquidity Risk Management from Global Perspective and Implications for IIFS (Cont.) The Regulatory Response to Global Financial Crisis – Initiatives of Global Standard Setters and Supervisory Authorities Challenges in Liquidity Risk Managements by IIFS Experience sharing by Central Bank of Sudan on Liquidity Risk Management Supervision\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 3\n27/11/2013\nDAY 3\n\n\n09:30 – 11:00\nGuiding Principles on Liquidity Risk Management of IIFS Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Governance Structure: Role of the Board of Directors and Senior Management Identification of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Case Study – 1: Liquidity Risk and Financial Distress in an IIFS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nGuiding Principles Liquidity Risk Management for Supervisory Authorities Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations Supervisors’ Role as Provider of Liquidity Support Supervision of Liquidity Risk at Consolidated Level Case Study – 2: Supervisory arrangements for Shari’ah compliant Lender of Last Resort and other Liquidity Support to IIFS Experience sharing by Bank Negara Malaysia on Liquidity Risk Management Supervision\n\n\n13:00 – 14:00\nLunch & Prayers\n\n\n14:00 – 16:00\nUnderstanding Stress Testing for Financial Institutions Stress Testing as a Risk Management Tool Stress Testing and Global Financial Crisis International Guidance on Stress Testing and Gap Analysis Necessary Conditions For An Effective Stress Testing Regime IFSB Comprehensive Stress Testing Framework for IIFS\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 4\n28/11/2013\nDAY 4\n\n\n09:30 – 00:00\nGuiding Principles on Stress Testing for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios Specific Elements of IIFS in Stress Testing Stress Testing Methodologies FSAP and Stress Testing\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSimulations and exercises on: How to Conduct “Micro level (or IIFS level) Stress Testing” Factors and Scenarios to Consider for Micro Stress Testing How to Conduct “Macro-level (or system-wide) Supervisory Stress Testing Factors and Scenarios to Consider for Macro-level Stress Testing\n\n\n13:00 – 14:00\nLunch & Prayers\n\n\n14:00 – 16:00\nExercises/Case Studies on Stress Testing for Selected IIFS Different IIFS’ Portfolios Related Stress Testing Capital Requirements Stress Testing Credit Risk Related Stress Testing Liquidity (i.e. funding and/or market liquidity) Risk Related Stress Testing Shari’ah Non-compliance Stress Testing under Operational Risk Profitability Related Stress Testing\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 5\n29/11/2013\nDAY 5\n\n\n09:30 – 12:00\nGuiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS’ Stress Testing Supervisory Evaluation of an IIFS’s Stress Testing Methodology Designing and Implementing System-Wide Stress Tests and Frequencies Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry Cross-border Issues and Home-Host Coordination Stress Testing Reporting Disclosures and Format\n\n\n12:00 – 12:30\nClosing Ceremony\n\n\n12:30 – 13:30\nLunch & Jumma Prayers\n\n\n\nDownloadable Document(s) \n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00210-ifsb-fis-workshops-for-regulatory-and-supervisory-authorities-for-the-banking-sector/
LOCATION:Sasana Kijang\, 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:20131113T083000
DTEND;TZID=UTC:20131114T173000
DTSTAMP:20260404T020637
CREATED:20131112T170934Z
LAST-MODIFIED:20231228T015426Z
UID:11954-1384331400-1384450200@www.ifsb.org
SUMMARY:IFSB - INCEIF Executive Forum: Building a Competitive and Resilient Islamic Insurance (Takaful) Industry
DESCRIPTION:This third edition of the Executive Forum series intends to provide comprehensive deliberation and exchange of views between and among practitioners\, regulators\, and academics on the existing strategies and approaches in building a competitive and resilient Islamic Insurance (Takaful) industry. \nAmong confirmed speakers who will facilitate the Executive Forum are: \n\n\n 	Ahmad Hammami Muhyidin\, Director Islamic Financial Services – Takaful\, Ernst & Young\n 	Anita Menon\, Chief Risk Office\,  Prudential BSN Takaful Berhad\, Malaysia\n 	Delil Khairat\, Head of Underwriting at ACR Retakaful\, Malaysia\n 	Ezamshah Ismail\, Takaful and Wealth Planning Department\, INCEIF\, Malaysia\n 	Prof. Dato’ Dr. Kamaruddin Sharif\, Head of Takaful and Wealth Planning Department\, INCEIF\, Malaysia\n 	Lotfi S. Zairi\, Acting Director\, Risk Management Department\, Islamic Corporation for Insurance of Investments and Export Credits (ICIEC)\, IDB Group\, Saudi Arabia\n 	Wan Saifulrizal Wan Ismail\, Associate Director\, Tower Watson\n 	Assoc. Prof. Dr. Younes Soualhi\, Chairman of the Shariah Board of Munich Re Takaful\, Malaysia\n\nFor more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org \n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n13/11/2013\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nInsights to Effective Strategic Management to Face Business Challenges in Takāful Industry Synthesizing organisational plans and objectives into a coherent vision Shifting paradigm of Takāful Operator’s management in facing rapidly changing marketplace Building leadership within management team: Challenges to build and maintain organisational momentum Building the future of the Takāful industry: Fostering cooperation and organisational linkages amongst all the stakeholders\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nGoing Beyond Sharī`ah Compliance: A holistic approach to Designing New Takāful Model and Product Development The Sharī`ah and the “Maqasid Al Sharī`ah” as paradigms in shaping Islamic financial services industry Constructive reaction to the debate on “convergence’’ or “divergence” between Islamic and conventional finance The evolution of Takāful model: the rationale and actual impact on Takāful performance Developing new Takāful model and challenges in product innovation and transformation\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nEmerging Issues in Corporate and Sharī`ah Governance of Takāful Operators Underlying corporate governance issues in Takāful: Identifying principal-agent issues in current Takāful practices Sharī`ah Requirements on segregation of funds and fiduciary duties: implication to market practices Necessary requirements in implementing Sharī`ah Governance mechanism in Takāful operators Formulating strategic action to minimise Sharī`ah non-compliance risks in Takāful operators\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nOvercoming Underwriting and Pricing issues in Takāful Industry Incorporating specificities of Islamic finance in underwriting process in Takāful operation Gap-analysis in assessing pricing and underwriting risks Issues and challenges in developing assumptions to mitigate underwriting risks Linking underwriting risk with strategic planning\n\n\nDay 2\n14/11/2013\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nEnterprise- Risk Management Framework for Takāful Operators Pre-requisite for effective risks management in Takāful business Developing Enterprise Risk Management framework for Takāful Operator Linking Takāful Operational Framework (TOR) with Enterprise Risk Management Effectiveness Board of Directors and Senior Management in managing risks in Takāful business\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nManaging Takāful Distribution and Marketing Enhancing distribution and marketing through enhanced Takāful product offerings Developing an effective mixture of delivery channel for Takāful products Strengthening ethical standards in distribution initiatives for Takāful products Issues and challenges in increasing Takāful penetration rate through the utilization of high-technology\n\n\n13:10 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSolvency Requirements for Takāful Operators & Quantitative Solvency Requirements Solvency requirements and its implications of Takāful Operators Analysis on International solvency requirements for Takāful Operators Issues and challenges in the application of Solvency and Quantitative Solvency Requirements by Takāful Operators Revolving issues in solvency requirements: the way forward\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nIssues\, Challenges and Opportunities for Re-Takāful Changing landscape of global financial architecture and impact on Takāful and Re-Takāful business Emerging challenges in Re-Takāful business Building synergies between Re-Takāful and Takāful Prudential issues in Re-Takāful: A supervisory perspectives\n\n\n\n \n\nDownloadable Document(s)\n\n 	Event Session(s) – PDF Format\n 	Brochure
URL:https://www.ifsb.org/event/eve00209-ifsb-inceif-executive-forum-building-a-competitive-and-resilient-islamic-insurance-takaful-industry/
LOCATION:Sasana Kijang\,  Bank Negara Malaysia\, 2\, Jalan Dato Onn\, 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:20131104T084500
DTEND;TZID=UTC:20131105T171500
DTSTAMP:20260404T020637
CREATED:20131103T171741Z
LAST-MODIFIED:20231228T015628Z
UID:11958-1383554700-1383671700@www.ifsb.org
SUMMARY:IFSB-ADB Conference on Islamic Finance for Asia: Development\, Prospects and Inclusive Growth & Roundtable Session for Regulators
DESCRIPTION:The Conference aimed to create greater awareness on the potentials and opportunities brought about by Islamic finance to the region\, and explore the challenges issues related to its further development and progress.\n\nThe Conference examined the experiences of selected Asian countries\, with focus on the regulatory requirements and other pre-conditions needed to establish and sustain the orderly development of Islamic finance\, while seeking to identify the benefits Islamic finance can bring to the respective countries. The sessions and discussions also drawn upon the perspectives of (a) market opportunities and challenges\, (b) global and national regulatory requirements\, and (c) facilitation of cross-border investment flows. The Conference also aimed to create greater opportunities for interaction and cooperation among the members of the IFSB and the ADB. The proceedings of this Conference will be published as an IFSB publication.\n\n23 chairpersons and speakers who were senior financial sector supervisors\, market playersand experts from international financial institutions participated and discussed the following issues at the Conference:-\n \n\n \n\n 	Islamic Finance for Asia: Innovation\, Inclusion and Growth\n 	Islamic Finance: Stability\, Resilience and Regulatory Issues\n 	Islamic Banking: Financial Inclusion as a Core Concept\n 	Islamic Capital Market: The Role of Sukûk for Development\n 	Implementation of the IFSB Standards\n 	The Way Forward: A Roadmap for Asia\n\nApproximately 126 participants from government\, regulatory and supervisory bodies and industry players attended the Conference.\n\nEvent Snapshots\n\n\n\n\n\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\n04/11/2013\nDAY 1 – CONFERENCE ON ISLAMIC FINANCE FOR ASIA: DEVELOPMENT\, PROSPECTS AND INCLUSIVE GROWTH\n\n\n08:45 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening and Welcoming Addresses\n\n\n09:50 – 10:10\nKeynote Address\n\n\n10:10 – 10:30\nCoffee Break\n\n\n10:30 – 11:15\nSession 1: Islamic Finance for Asia: Innovation\, Inclusion and Growth This session seeks to establish the value proposition of Islamic finance in the region\, especially as a tool for financial inclusion and an alternative financing source for both public and corporate sectors\, in particular in infrastructure development. The session also touches on key factors supporting growth of the IFSI in the region\, its strengths\, as well as challenges and opportunities for the industry.\n\n\n11:15 – 11:30\nQuestions and Answers\n\n\n11:30 – 12:15\nSession 2: Islamic Finance: Stability\, Resilience and Regulatory Issues An Islamic finance continues to become increasingly internationalised\, this necessitates the need to have in place a comprehensive regulatory\, supervisory and surveillance framework to ensure the stability and resiliency of the industry. This session looks at the regulatory issues and challenges\, in particular in light of the global regulatory reforms undertaken following the global financial crisis.\n\n\n12:15 – 12:30\nQuestions and Answers\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:00\nSession 3: Islamic Banking: Financial Inclusion as a Core Concept This session discusses the role of Islamic banking in encouraging financial inclusion. It also analyses the development and progress of the Islamic banking sector in selected countries in terms of product innovations\, infrastructure and institutional development\, regulatory advancement\, as well as government initiatives to develop the industry. The session also explores opportunities and challenges faced by the sector. Case studies will be presented on national experiences in developing the Islamic banking sector from the perspective of financial inclusion\, infrastructure\, regulatory and Sharī`ah frameworks.\n\n\n15:00 – 15:30\nQuestions and Answers\n\n\n15:30 – 15:45\nCoffee Break\n\n\n15:45 – 16:45\nSession 4: Islamic Capital Market: The Role of Sukūk for Development This session discusses the development and progress of the Islamic capital market in selected countries in terms of infrastructure and institutions\, regulatory advancement\, as well as government initiatives. The session also explores opportunities\, challenges and issues faced by the industry. Case studies will be presented on national experience in developing the Islamic capital market from the perspective of benefits\, policy and legal frameworks\, as well as the roles of supporting agencies such as rating agencies.\n\n\n16:45 – 17:15\nQuestions and Answers\n\n\nDay 2\n05/11/2013\nDAY 2\n\nCONFERENCE ON ISLAMIC FINANCE FOR ASIA: DEVELOPMENT\, PROSPECTS AND INCLUSIVE GROWTH (HALF DAY – AM)\n\nROUNDTABLE FOR REGULATORS (HALF DAY – PM)\n\n\n09:30 – 10:30\nSession 5: Implementation of IFSB Standards This session will provide an overview of the IFSB’s Prudential Standards and their importance to a sound and stable Islamic financial system. Case studies from central banks and the private sector on experiences in implemented the IFSB Prudential Standards will be discussed and analysed. ADB’s partnership with the IFSB in developing and implementing these standards will also be discussed.\n\n\n10:30 – 11:00\nQuestions and Answers\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Panel Discussion on The Way Forward – A Roadmap for Asia In this panel discussion\, the panelists aim to identify the opportunities\, key success factors\, as well as challenges for Islamic finance in the Asian countries to venture beyond the region\, specifically to the Middle East\, North Africa and Europe. This session will conclude with an Islamic finance roadmap for Asia.\n\n\n13:00 – 14:00\nLunch\n\n\n14:10 – 15:00\nROUNDTABLE SESSION 1: Legal and Regulatory Issues for Islamic Finance Post-crisis Current framework for Islamic finance in Legal and Regulatory perspective How to meet the needs of rapidly growing IFSI in regulatory basis Impacts of global financial crisis on IFSI Protection mechanisms for IFSI in order not to experience such crisis\n\n\n15:00 – 15:50\nROUNDTABLE SESSION 2: Taking the Initiative for Islamic Finance: Role of the Governments and Private Sector Importance of Government’s role in progress of Islamic finance Private sector oriented growth in Islamic Finance Pros and Cons for Government dominated and private sector dominated Islamic financial sector\n\n\n15:50 – 16:00\nROUNDTABLE: Closing Remarks\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nDiscovery Suites – Hotel Reservation Form\n\n\n3.)\n\nOakwood Premier – Hotel Reservation Form\n\n\n4.)\n\nRegistration Form
URL:https://www.ifsb.org/event/eve00218-ifsb-adb-conference-on-islamic-finance-for-asia-development-prospects-and-inclusive-growth-roundtable-session-for-regulators/
LOCATION:Asian Development Bank (ADB) Headquarters\, manila\, Philippines
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:20130930T090000
DTEND;TZID=UTC:20131003T161500
DTSTAMP:20260404T020637
CREATED:20130929T172153Z
LAST-MODIFIED:20231228T012317Z
UID:11960-1380531600-1380816900@www.ifsb.org
SUMMARY:IFSB FIS-Workshop Series and Supervisors Forum
DESCRIPTION:To enhance the awareness of the IFSB Standards\, since 2007 the IFSB organises a series of initiatives called Facilitating Implementation of the IFSB Standards (FIS) Workshops. \nThese IFSB-FIS Workshops are designed specifically for the Banking sector and attended by 49 participants from 7 countries. Participants ranged from regulatory and supervisory authorities\, to market players. The Workshops have successfully covered the following topics: \nIFSB-1: Guiding Principles of Risk Management \nIFSB-3: Corporate Governance \nIFSB-10:Sharî’ah Governance System \nSubsequent to these Workshops\, the IFSB organised a Supervisors Forum\, specifically for supervisors to discuss the IFSB Standard on Supervisory Review Process (IFSB-5) as well as share experiences on its implementation. \nThe Workshops and Forum addressed practical issues that participants are likely to encounter in implementing the IFSB Standards and Guiding Principles\, these Workshops were hosted by the Central Bank of Oman \nREGISTRATION IS CLOSED FOR THIS EVENT \nEvent Snapshots \n\n\n\n\n\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\n30/09/2013\nFIS WORKSHOPS – DAY 1\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:00\nOpening Session: Opening Remarks by the IFSB and the Central Bank of Oman\n\n\n10:00 – 10:15\nCoffee Break\n\n\n10:15 – 11:15\nIntroduction to Islamic Finance Concept and Contracts in Islamic Finance Specificities of Islamic Finance Introduction to Islamic Banking Operations Products of Islamic Banking\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nGuiding Principles of Risk Management for IIFS IFSB-1 – Focus on Market Risk IFSB-1 – Focus on Liquidity Risk IFSB-1 – Focus on Rate of Return Risk Case Studies and Group Discussions\n\n\n13:00 – 14:00\nLunch & Prayers\n\n\n14:00 – 16:00\nIFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) Credit Risk & Supervisory Perspective Equity Investment Risk & Supervisory Perspective Operational Risk & Supervisory Perspective Market Risk & Supervisory Perspective Liquidity Risk & Supervisory Perspective Rate of Return Risk & Supervisory Perspective\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n01/10/2013\nFIS WORKSHOPS – DAY 2\n\n\n09:30 – 11:15\nCase Studies and Experience Sharing Case Studies on Risk Management Sharing Experiences on Risk Management Practices in the IFSB Member Countries\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nServices (Excluding Islamic Insurance (Takaful) Institutions and Islamic Mutual Funds Overview of IFSB-3 Guiding Principle on Corporate Governance An Overview of IFSB-3: Guiding Principles on Corporate Governance for Institutions Offering Only Islamic Financial Scope of the IFSB-3 Approach of the IFSB-3 Recommended Best Practices on Corporate Governance for the IIFS General Governance Approach of IIFS\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nRecommended Best Practices on Corporate Governance for the IIFS (Cont’d). Rights of Investment Account Holders (IAH) Compliance with Shari’ah Rules and Principles Transparency and Financial Reporting in Respect of IAH Case Studies and Group Discussion\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n02/10/2013\nFIS WORKSHOPS – DAY 3\n\n\n09:30 – 11:15\nAn Overview of IFSB-10: Guiding Principles on Shari’ah Governance Systems for Institutions Offering Islamic Financial Services Overview of Shari’ah Governance Systems General Approach to Shari’ah Governance Systems\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nRecommendations of IFSB-10: Criteria for Sound Shari’ah Governance Systems Case Studies and Group Discussion\n\n\n13:00 – 13:30\nClosing ceremony\n\n\n13:30 – 14:40\nLunch and Prayers\n\n\nDay 4\n03/10/2013\nSUPERVISORS FORUM\n\n\n08:00 – 08:30\nRegistration\n\n\n08:30 – 08:45\nOpening Session: Opening Remarks by the IFSB\n\n\n08:45 – 10:15\nOverview of the IFSB Standard on Supervisory Review Process Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Capital adequacy\, Risk Management and Corporate Governance\n\n\n10:15 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nRelated Party Transactions Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Supervisory Issues in Real Estate Investments Supervisory Issues in Islamic Windows\n\n\n12:00 – 12:30\nCoffee Break & Prayers\n\n\n13:15 – 14:15\nExperience sharing session Experience sharing by the IFSB members Case study\n\n\n\nDownloadable Document(s) \n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00211-ifsb-fis-workshop-series-and-supervisors-forum/
LOCATION:Crowne Plaza Hotel Muscat\, Muscat\, Oman
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:20130925T090000
DTEND;TZID=UTC:20130926T163000
DTSTAMP:20260404T020637
CREATED:20130924T172436Z
LAST-MODIFIED:20231228T012325Z
UID:11963-1380099600-1380213000@www.ifsb.org
SUMMARY:IFSB FIS-Workshop Series
DESCRIPTION:The Workshops are hosted by Bangladesh Bank Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n25/09/2013\nDAY ONE\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening Remarks by the IFSB and Bangladesh Bank\n\n\n09:50 – 11:15\nSession 1: Overview of the IFSB Guiding Principle on Risk Management for the IIFS Islamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS IFSB key Risk Categories Guiding Principles on Liquidity Risk Management for IIFS Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Governance Structure: Role of the Board of Directors and Senior Management\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2: Guiding Principles on Liquidity Risk Management for IIFS Identification of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Measurement of Liquidity Risk Diversification of the Funding Base Consolidated Management of Liquidity Risk\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Guiding Principles on Liquidity Risk Management for IIFS Maintaining High-Quality Liquidity Buffer Preparing a Contingency Funding Plan Managing Sharī`ah-Compliant Collateral Collaboration between IIFS Meeting Payment and Settlement System Obligations Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk\n\n\n15:30 – 15:45\nCoffee Break\n\n\n15:45 – 16:30\nSession 4: Guiding Principles Liquidity Risk Management for Supervisory Authorities Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations Supervisors’ Role as Provider of Liquidity Support Supervision of Liquidity Risk at Consolidated Level Home-Host and Cross-Sector Supervision of Liquidity Risk Supervisors’ Role in Contingency Planning & Development of Infrastructure Case Study / Group Discussion\n\n\nDay 2\n26/09/2013\nDAY TWO\n\n\n09:30 – 11:15\nSession 5: Understanding Stress Testing for Financial Institutions Stress testing as a Risk Management Tool Stress Testing and Global Financial Crisis International Guidance on Stress Testing and Gap Analysis IFSB Comprehensive Stress Testing Framework for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Guiding Principles on Stress Testing for IIFS (Cont’d) Specific Elements of IIFS in Stress Testing Stress Testing Methodologies Frequency of Stress Testing Outputs of Stress Testing and Remedial Actions Disclosure of the Stress Testing Programme Case Study on Liquidity Risk Stress Testing Group Exercise\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:00\nSession 7: Stress Testing Solvency Simulation Exercises: How to Conduct Micro Level (or IIFS level) Stress Testing Capital Requirements Stress Testing Credit risk and Market Risk Related Stress Testing Sharī`ah Non- Compliance Stress Testing\n\n\n15:00 – 15:15\nCoffee Break\n\n\n15:15 – 16:30\nSession 8: Guiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS’ Stress Testing Supervisory Evaluation of an IIFS’s Stress Testing Methodology Designing and Implementing System-Wide Stress Tests and Frequencies Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry Cross-border Issues and Home-Host Coordination Stress Testing Reporting Disclosures and Format\n\n\n\nDownloadable Document(s) \n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00212-ifsb-fis-workshop-series/
LOCATION:Dilkusha Room\, First Floor\, Hotel Purbani International Ltd.\, 1 Dilkusha Rd.\, Dhaka 1000\, Bangladesh\, Dhaka\, Bangladesh
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130923T084500
DTEND;TZID=UTC:20130924T173000
DTSTAMP:20260404T020637
CREATED:20130922T172812Z
LAST-MODIFIED:20231228T012336Z
UID:11966-1379925900-1380043800@www.ifsb.org
SUMMARY:Seminar on the Prospects and Challenges in the Development of Islamic Finance for Bangladesh
DESCRIPTION:The Seminar on the Prospects and Challenges in the Development of Islamic Finance for Bangladesh was held on 23 – 24 September 2013 in Dhaka\, Bangladesh\, hosted by Bangladesh Bank.\n\nThis Seminar is part of the IFSB Seminar on Islamic Finance series which are held in jurisdictions wishing to explore the possibilities\, opportunities and challenges of Islamic finance. This Seminar aimed to create greater awareness on the specificities of the Islamic financial services industry\, and discuss the issues in developing Islamic finance in Bangladesh as well as examining the regulatory and other pre-conditions needed to sustain an orderly development of Islamic finance\, while seeking to identify the benefits Islamic finance can bring to Bangladesh. The proceedings of this Seminar will be published as an IFSB publication.\n\n20 chairpersons and speakers who were senior financial sector supervisors\, market players\, Takāful\,and experts from international financial institutions participated and discussed the following issues at the Seminar:-\n\n– Global Overview\, Issues\, Challenges and Opportunities\n\n– Islamic Capital Markets and Liquidity Management : Facilitating Local and Cross-Border Sharī`ah- Compliant Financing and Investment\n\n– Legal\, Regulatory and Enabling Framework\n\n– Financial Inclusion through Islamic Finance\n\n– The Way Forward for the Development of Islamic Finance for Bangladesh\n\nApproximately 100 participants from government\, regulatory and supervisory bodies and industry players as well as academicians attended the Seminar.\n\nEvent Snapshots\n\n\n\n\n\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\n23/09/2013\n08:45 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening and Keynote Address\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 1: Global Overview\, Issues\, Challenges and Opportunities This session highlights the progress and growth of the Islamic financial services industry at the global and regional level. Though most visible in parts of Asia and the Middle East\, the rapid expansion of Islamic finance is a significant phenomenon in Africa\, Europe and other parts of the world. This session highlights the cross border and cross-sectoral performance of the industry\, while outlining the challenges and opportunities of its growth in Bangladesh.\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:30\nSession 2: Islamic Capital Markets and Liquidity Management : Facilitating Local and Cross-Border Sharī`ah-Compliant Financing and Investment This session covers recent trends and developments in various types of Islamic capital market products such as Sukūk\, Sharī`ah compliant equities\, fund and asset management etc. Speakers will share how Sukūk can provide an alternative financing source for both public and corporate sectors. Case studies will be presented on national experiences in developing Sukūk issuance programmes. This session will also illuminate how Bangladesh can benefit from Sharī`ah-compliant instruments and investment flows within the region. In addition\, this session discusses the liquidity management challenges faced by the Islamic financial services industry due to unavailability or inadequate Sharī`ah-compliant instruments and enabling building blocks.\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 3: Legal\, Regulatory and Enabling Framework The session focuses on the legal and regulatory issues and challenges in establishing a vibrant and resilient Islamic financial services industry. It includes\, among others\, infrastructure components of financial services industry such as enabling legal framework and Sharī`ah compliant mechanisms for providing lender of last resort and deposit insurance facilities. The session also aims to cover other elements such as macroprudential surveillance\, disclosure regime and insolvency regimes etc.\n\n\nDay 2\n24/09/2013\n09:30 – 11:00\nSession 4: Financial Inclusion through Islamic Finance The session provides an overview of the different types of policies and interventions that collectively help shape a more inclusive financial sector. In this context\, it aims to provide the perspective in which Islamic finance can help to achieve the objective of an inclusive growth and development in various countries. The speakers will highlight how the coordination between various stakeholders and innovations in Sharī`ah compliant products can increase the access to financing for individuals as well as micro-enterprises and SMEs.\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: Panel Discussion on the Way Forward for the Development of Islamic Finance for Bangladesh The session identifies the current challenges and opportunities presented by Islamic finance for Bangladesh from various viewpoints\, including public and private sectors. It will include discussions on a possible roadmap and the way forward for Bangladesh Islamic financial services industry that can support the objectives of a sustained growth and development in the country.\n\n\n13:00 – 13:30\nConcluding Remarks\n\n\n13:30 – 14:30\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nList of Confirmed Chairpersons and Speakers\n\n\n3.)\n\nPan Pacific Sonargaon Dhaka – Hotel Reservation Form\n\n\n4.)\n\nRadisson Blu Water Garden Hotel Dhaka – Hotel Reservation Form
URL:https://www.ifsb.org/event/eve00215-seminar-on-the-prospects-and-challenges-in-the-development-of-islamic-finance-for-bangladesh/
LOCATION:Dilkusha Room\, First Floor\, Hotel Purbani International Ltd.\, 1 Dilkusha Rd.\, Dhaka 1000\, Bangladesh\, Dhaka\, Bangladesh
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130826T083000
DTEND;TZID=UTC:20130827T173000
DTSTAMP:20260404T020637
CREATED:20130825T173543Z
LAST-MODIFIED:20231228T012348Z
UID:11972-1377505800-1377624600@www.ifsb.org
SUMMARY:IFSB - INCEIF Executive Forum: Towards Strengthening Corporate & Shariah Governance in Islamic Banks
DESCRIPTION:The 2nd edition of the IFSB-INCEIF Executive Forum focuses on strengthening both corporate and Sharī`ah governance mechanisms in the Islamic banking industry. Corporate governance is discussed in the context of an evolving industry that is subject to the complexities of business\, as well as to the need to promote Sharī`ah compliance in Islamic banking operations. \nThe confirmed speakers are: \nMr. Abdelilah Belatik\, Assistant Secretary – General\, Islamic Financial Services Board\nProf. Ahmet Faruk Aysan\, Member of the Board\, Monetary Policy Committee of Turkey\, Central Bank of the Republic of Turkey\nDr. Asyraf Wajdi Dato’ Dusuki\, President\, Islamic Da’wah Foundation (YADIM)\, Malaysia\nMr. Jaffar Mohamed Ahmed\, Head of Group Risk Management\, Al Baraka Banking Group\, Bahrain\nMr. Mohamed Ismail Mohamed Shariff\, Adjunct Professor\, INCEIF & Managing Partner\, Mohamed Ismail & Co.\, Advocates & Solicitors\, Malaysia\nMr. Rustam Mohd Idris\, Deputy Director\, Islamic Banking and Takaful Department\, Bank Negara Malaysia\nMr. Saleem Ullah\, Director\, Islamic Banking Department\, State Bank of Pakistan\, Pakistan\nProf. Dr. Syed Abdul Hamid Aljunid\, Professor of Corporate Governance and Ethics\, INCEIF\, Malaysia\n\nFor more information on the Executive Forum\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org \n  \nREGISTRATION IS CLOSED FOR THIS EVENT \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n26/08/2013\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nSession 1: Thoughts on Corporate Governance Corporate Governance: Lessons Drawn from the Global Financial Crisis Who should be protected?: Conflicting Issues in Shareholder vs. Stakeholder Protection The Economics of Corporate Governance: Cost-Benefit Analysis Leadership and Ethics: Essential Elements in Business Reform\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2: Getting it Right: Building Robust Corporate Governance Structures in Islamic Banks A Look at the Ultimate Objectives of Corporate Governance for Islamic Banks International Standards on Corporate Governance and their Applicability to Islamic Banks Protecting Investment Account Holders: From Governance Committees to Additional Requirements for Disclosure and Transparency Ensuring Sharī`ah Compliance: A Long Winding Road to Achieve Maqāsid Al-Sharī`ah\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Good Governance Starts from the Top: Creating Responsible Board of Directors (BOD) Constructing Term of References for the BOD Designing the Most Appropriate Board Structure\, Processes\, and Composition of Directors Gap Analysis and Performance Evaluation of the BOD Developing BOD Culture and Safeguarding Values\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 4: Going the Extra Mile: Enhancing Risk Management and Internal Control for Islamic Banks Integrating Governance\, Risk and Compliance: Towards Effective BOD Oversight Setting the BOD’s Expectations for Risk Management and Internal Controls Assessing the Performance of Chief Risk Officers and Internal Audit Functions Minimising Overlaps in Responsibilities of the Governance\, Risk Management Committee and Audit Committees Perspectives on Corporate Fraud\, Corruption and Whistle-blowing\n\n\nDay 2\n27/08/2013\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 5: Beyond Borders: Understanding Global Practices of Sharī`ah Governance Comparing Various Sharī`ah Governance Models and Practises No One Size Fits All: Searching for the Appropriate Structures and Approaches to Sharī`ah Governance Pre-requisites for Effective Sharī`ah Governance Systems Evaluating the Performance of the Sharī`ah Board and its Governance Structures\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Promoting Integration of Corporate and Sharī`ah Governance: Identifying the Issues and Addressing the Challenges Structuring Rules\, Policies and Procedures to Meet International Requirements for Corporate and Sharī`ah Governance Segregation of Duties: Addressing Potential Overlaps Between Corporate and Sharī`ah Governance Breaking “The Silo Mentality”: Building Bridges and Enhancing Communication Between Corporate and Sharī`ah Governance Functions Lessons from the Failures and Potential Failures of Sharī`ah Governance\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 7: Moving Forward: Ongoing Challenges in Corporate and Sharī`ah Governance of Islamic Banks Global Regulatory Reforms on Corporate Governance: Its Relevance for the Islamic Banking Industry Risk-based Compensation: Is It Necessary for Islamic Banks Challenges in Strengthening the Roles of Sharī`ah Board Analysing the Role and Influence of Institutional Investors\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 8: Supervisory Review of Corporate and Sharī`ah Governance Practices in Islamic Banks Developing Supervisory Guidance and Framework for the Supervision of Corporate and Sharī`ah Governance Regulatory Compliance and Reporting: Supervisors’ Expectations Corrective Actions for Breaches in Corporate and Sharī`ah Governance Cross-border Supervision of Corporate and Sharī`ah Governance\n\n\n17:30 – 18:00\nClosing Ceremony\n\n\n\nDownloadable Document(s) \n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure
URL:https://www.ifsb.org/event/eve00208-ifsb-inceif-executive-forum-towards-strengthening-corporate-shariah-governance-in-islamic-banks/
LOCATION:Sasana Kijang\, kuala lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130627T090000
DTEND;TZID=UTC:20130628T170000
DTSTAMP:20260404T020637
CREATED:20130626T173807Z
LAST-MODIFIED:20231228T012359Z
UID:11975-1372323600-1372438800@www.ifsb.org
SUMMARY:Seminar on Strategies for the Development of Islamic Capital Markets & Roundtable on Islamic Real Estate Investment Trusts (i-REITs)
DESCRIPTION:Seminar on Strategies for the Development of Islamic Capital Markets\nThe Seminar was organised with the aim to provide a general overview of the potential and prospects of Islamic capital market in light of the current developments in the global financial markets\, and also to benefit participants who wish to deepen their understanding\, discuss the issues\, and share experiences in Islamic capital market.\n 17 chairpersons and speakers who were senior financial sector supervisors\, market players\, and experts from international financial institutions were invited to discuss the following issues at the Seminar. The topics that were discussed in the Seminar were as follows:\n\n 	Development and Trends in Islamic Capital Markets\n 	Development of Sukuk: Challenges and Opportunities\n 	Development of Islamic Collective Investment Schemes\n 	Bringing Islamic Capital Market to the Mainstream\n\n\nThe Keynote was delivered by the CEO of the Emirates Securities and Commodities Authority. The Seminar saw the attendance of 51 participants from government\, regulatory and supervisory bodies\, capital markets and industry players.\n\nRoundtable on Islamic Real Estate Investment Trusts (i-REITs)\nThe Roundtable on the Development of Islamic REITs is a landmark event for the IFSB\, as it was the first platform to specifically discuss matters related to Islamic REITs. In line with the IFSB mandate\, the Roundtable had specific discussions on regulatory and cross-border issues related to the development of Islamic REITs. It also aimed to act as a platform to understand the current status of Islamic REITs globally\, as well as discuss its prospects and challenges. The Roundtable also examined the necessary infrastructures to promote the conducive development of this industry segment.\nTwo topics of the Roundtable were as follows:\n\n 	Prospect and Challenges of Islamic Real Estate Investment Trusts (Islamic REITs)\n 	Infrastructures conducive to develop Islamic REITs\n\nEight chairpersons and speakers and 20 participants participated in the Roundtable. Participation in the Roundtable was by invitation.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n27/06/2013\nSEMINAR ON STRATEGIES FOR THE DEVELOPMENT OF ISLAMIC CAPITAL MARKETS\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:10\nOpening and Welcoming Session\n\n\n10:10 – 11:10\nSession 1: Development and Trends in Islamic Capital Market Overview of the Islamic Capital Market Recent trends in product development of Islamic capital market Development of Islamic capital market post global financial crisis Impact of changing global regulatory structures on Islamic capital market\n\n\n11:10 – 11:40\nCoffee break & Networking\n\n\n11:40 – 13:10\nSession 2: Development of Sukūk: Challenges and Opportunities Recent innovation\, securitisations and related Sharī`ah issues in Sukūk Current progress in improvement in legal and regulatory framework of Sukūk Cross-border issues in Sukūk issuance and transactions Encouraging a liquid and transparent market for Sukūk Prospects of the Sukūk Market: Challenges and Opportunities\n\n\n13:10 – 14:15\nLunch\n\n\n14:15 – 15:15\nSession 3: Development of Islamic Collective Investment Schemes (ICIS) Performance analysis of ICIS prior and post global financial crisis Sharī`ah governance in ICIS Specific issues on consumer protection in ICIS Encouraging institutional investment in ICIS\n\n\n15:15 – 15:45\nCoffee break & Networking\n\n\n15:45 – 17:00\nSession 4: Bringing Islamic Capital Market to the Mainstream Key issues in innovation\, and product development of Islamic Capital Market Further initiatives in legal and regulatory reform to promote development of Islamic Capital Market Removing barriers for cross-border transactions in Islamic capital market\n\n\nDay 2\n28/06/2013\nROUNDTABLE ON THE DEVELOPMENT OF ISLAMIC REAL ESTATE INVESTMENT TRUSTS\n\n\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nOpening and Welcoming Session\n\n\n09:30 – 10:15\nSession 1: Prospect and Challenges of Islamic Real Estate Investment Trusts (Islamic REITs) Conventional REITs vs. Islamic REITs Product structures and innovation in Islamic REITs Prospect and challenges of Islamic REITs\n\n\n10:15 – 10:45\nCoffee break\n\n\n10:45 – 12:30\nSession 2 : Infrastructures conducive to develop Islamic REITs Identifying Sharī`ah\, legal and regulatory issues in Islamic REITs focusing on purification\, valuation and tax issues Risk management\, secondary market\, and cross-border transactions for Islamic REITs Experience-sharing in regulating and supervising Islamic REITs\n\n\n12:30 – 13:00\nDiscussions and recommendations\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nConfirmed Chairpersons and Speakers – Seminar and RT Hong Kong\n\n\n3.)\n\nReservation Form – Mandarin Oriental\, Hong Kong
URL:https://www.ifsb.org/event/eve00206-seminar-on-strategies-for-the-development-of-islamic-capital-markets-roundtable-on-islamic-real-estate-investment-trusts-i-reits/
LOCATION:Hong Kong Monetary Authority\, Hong Kong\, Hong Kong
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130516T120000
DTEND;TZID=UTC:20130517T170000
DTSTAMP:20260404T020637
CREATED:20130515T173805Z
LAST-MODIFIED:20231228T012521Z
UID:11974-1368705600-1368810000@www.ifsb.org
SUMMARY:10th Islamic Financial Services Board Summit - The Future of the Islamic Financial Services Industry: Resilience\, Stability and Inclusive Growth
DESCRIPTION:The 10th Islamic Financial Services Board Summit 2013 was held in Sasana Kijang\, Kuala Lumpur\, Malaysia\, hosted by Bank Negara Malaysia. The theme of the Summit “The Future of the Islamic Financial Services Industry: Resilience\, Stability and Inclusive Growth”\, aimed to examine regulatory policies that underpin inclusive growth with stability. These include the potentially significant impact on the (IFSI) arising from further reforms at the global level by international intergovernmental organisations and international standard-setting bodies to promote global financial stability. As the global industry enters its next phase of growth in an increasingly challenging economic and financial environment\, this necessitates the need to reflect on the lessons learnt\, including from the global crisis\, and to have in place a comprehensive regulatory framework to ensure a resilient and stable industry moving forward\, in particular given the escalating cross-sectoral nature and interconnectedness of the industry.\n\n18 chairmen and speakers who were Governors and deputy governors as well as senior financial sector supervisors and experts from international financial institutions participated as speakers. The Summit was attended by over 300 delegates from 35 countries comprising of senior officials from supervisory and regulatory bodies as well as representatives from international institutions\, market players\, accreditation\, insurance and Takāful\, academia as well as other stakeholders of the Islamic financial services industry.\n\nThe Summit was preceded by 2-day pre-Summit events as follows:\n14 May 2013\n\n 	IFSB Meet the Members Lunch & Release of the Islamic Financial Services Industry Stability Report 2013\n 	IFSB-IRTI Forum on Mid-term Review of the “Islamic Financial Services Industry Development: Ten Year Framework and Strategies”\n\n15 May 2013\n\n 	Islamic Finance Development Showcase: The Role of Multilaterals in Developing the Industry by the Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC) & Istanbul Stock Exchange (ISE)\n 	Business Talk on Ethical Investing: Future Outlook and Opportunities – by the Malaysia International Islamic Financial Centre (MIFC)\n 	Knowledge Sharing Partner Session: Facets of Islamic Finance: Stability\, Resilience and Financial Inclusion by International Centre for Education in Islamic Finance (INCEIF).\n\nIFSB 10th Anniversary Dinner\, 16 May 2013\nIn conjunction IFSB’s 10th Anniversary\, an Anniversary Dinner was organised to commemorate the milestones and achievements of the IFSB over this decade\, as well as to accord a tribute to the IFSB members and industry stakeholders for the support and cooperation to the organisation. In addition to the commemoration was to honour the Founding Members of the organisation in 2002.\n\nFour (4) out of the total nine (9) Founding Members attending the Summit were:\n\n 	H.E. Dr. Zeti Akhtar Aziz\, Governor\, Bank Negara Malaysia\n 	H.E. Dr. Ahmad Mohamad Ali Al-Madani\, President\, Islamic Development Bank\n 	H.E. Dr. Ishrat Hussain\, Former Governor\, State Bank of Pakistan\n 	H.E. Dr. Sabir Hassan\, Former Governor\, Central Bank of Sudan\n\nEvent Snapshots\n\n\n\n\n\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\n14/05/2013\nPRE-SUMMIT EVENTS – DAY 1\n\n\n12:00 – 14:00\nIFSB – Meet the Members Lunch (Only for IFSB Members) 11:30 – 12:00 Registration 12:00 – 12:20 Welcoming Remarks 12:10 – 13:10 Interactive & Q&A Session 13:10 – 14:00 Lunch\n\n\n14:00 – 17:00\nIFSB-IRTI Forum on Mid term Review of the “Islamic Financial Services Industry Development : Ten Year Framework and Strategies”\n\n\nDay 2\n15/05/2013\nPRE-SUMMIT EVENTS – DAY 2\n\n\n09:00 – 11:30\nCountry Showcase – 1\n\n\n11:00 – 13:30\nBusiness Talk by MIFC\n\n\n13:00 – 19:00\nSummit Pre-Registration\n\n\n14:00 – 17:00\nKnowledge Sharing Partner Session by INCEIF 14:00 – 14:30 Registration 14:30 – 14:40 Welcoming Remarks 14:40 – 15:40 Panel Discussion 15:40 – 16:30 Q&A Session\n\n\n20:00 – 22:00\nSummit Welcome Reception (hosted by Bank Negara Malaysia) (for Summit Registered Participants Only)\n\n\nDay 3\n16/05/2013\n10TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – DAY 1\n\n\n08:30 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening and Keynote Session\n\n\n10:30 – 11:00\nCoffee Break & Networking\n\n\n11:00 – 12:30\nSession 1 : Financial Regulatory Reforms: Global Overview This session aims to highlight the reform initiatives undertaken at international level to promote financial stability and their impact on the Islamic financial services industry (IFSI). In the context of the medium-term outlook for the global economy\, the session will assess the implications of global regulatory reforms which will impact the capital buffers and liquidity positions of financial institutions. The implementation of Basel III requirements poses both challenges and opportunities for Islamic financial institutions\, which will have to devote significant efforts and resources to meet the new international standards.\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:30\nSession 2 : Cross-sectoral Approach to the Regulation of Islamic Finance and Market Development: Lessons Learnt This session aims to identify measures to be undertaken in light of the interconnectedness of Islamic financial institution and market segments. The expansion of Takāful and capital market segments in Islamic finance underscores the cross-sectoral nature of the activities of institutions in the IFSI\, and the common features of their banking\, securities (fund management) and Takāful operations. This session will evaluate the state of progress in the corresponding development of the cross-sectoral regulatory and prudential framework. The work of various international standard-setters in the preparation of core principles for prudential regulation and supervision will be examined in the context of understanding the lessons that can be learnt from them.\n\n\n15:30 – 16:00\nCoffee Break & Networking\n\n\n16:00 – 17:30\nSession 3 : New Markets\, New Frontiers – Prospects and Challenges This session aims to identify the progress of development in growth areas for Islamic finance\, as well as the prospects and challenges. As Islamic finance expands into new markets and across new frontiers in Africa\, Asia\, and the Middle East the prospects for broadening and sustaining private sector financing whilst responding to the needs of a diverse range of customers and consumers is raising significant challenge\, as well as opportunities. The challenges include\, but are not limited to\, legal\, regulatory\, tax and other impediments. Addressing these impediments are also a focus in Europe where the expansion of the industry in the United Kingdom and Luxembourg has been followed by detailed preparation of enabling pre-conditions in other countries including France\, Ireland and Italy.\n\n\n20:00 – 22:00\nIFSB 10th Anniversary Dinner\n\n\nDay 4\n17/05/2013\n10TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – DAY 2\n\n\n09:00 – 10:30\nSession 4 : Islamic Finance: Innovation and Inclusive Growth This session aims to enhance the industry’s understanding of appropriate innovation measures and policies for more inclusive growth by focusing on emerging issues. Islamic finance is increasingly being used to finance public physical and social infrastructure for long term growth in the Middle East and Asia. Can it also emerge as a powerful tool for broad-based inclusive growth and for the improvement of the conditions of the poor? Such growth can be achieved through innovations in financing instruments\, asset creation and supporting financial infrastructure including the framework for prudential regulation and supervision.\n\n\n10:30 – 11:00\nCoffee Break & Networking\n\n\n11:00 – 12:30\nSession 5 : Panel Discussion on Lessons Drawn: Prospects for the Future This session intends to examine the prospects for Islamic finance in an age of rapid global economic change and regulatory reforms.\n\n\n12:30 – 14:00\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nGrand Hyatt Kuala Lumpur – Hotel Reservation Form\n\n\n3.)\n\nHilton Kuala Lumpur – Hotel Reservation Form\n\n\n4.)\n\nLanai Kijang – Hotel Reservation Form\n\n\n5.)\n\nMandarin Oriental – Hotel Reservation Form\n\n\n6.)\n\nMap to Sasana Kijang
URL:https://www.ifsb.org/event/eve00194-10th-islamic-financial-services-board-summit-the-future-of-the-islamic-financial-services-industry-resilience-stability-and-inclusive-growth/
LOCATION:Sasana Kijang\, kuala lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20130516
DTEND;VALUE=DATE:20130518
DTSTAMP:20260404T020637
CREATED:20130515T160007Z
LAST-MODIFIED:20231122T003507Z
UID:5818-1368662400-1368835199@www.ifsb.org
SUMMARY:10th IFSB Summit
DESCRIPTION:The IFSB celebrates it’s 10th Anniversary during the 10th IFSB Annual Summit 16 – 17 May 2013 | Kuala Lumpur\, Malaysia\n10th IFSB Summit Opening Video\n\nIFSB 10th Anniversary Video\n\n\n \nAnniversary Messages from Global Financial Leaders
URL:https://www.ifsb.org/event/the-ifsb-celebrates-its-10th-anniversary-during-the-10th-ifsb-annual-summit-16-17-may-2013-kuala-lumpur-malaysia/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Annual Events
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130429T083000
DTEND;TZID=UTC:20130430T173000
DTSTAMP:20260404T020637
CREATED:20130428T174020Z
LAST-MODIFIED:20231228T012534Z
UID:11978-1367224200-1367343000@www.ifsb.org
SUMMARY:IFSB - INCEIF Executive Forum on Islamic Finance: Building Risk Management Infrastructures in Islamic Financial Institutions
DESCRIPTION:The Executive Forum aims to provide a platform for global leaders in Islamic finance to discuss selected emerging issues faced by the global Islamic financial services industry\, with special emphasis on issues related to the supervisory and prudential regulation\, both at national and international levels. The Executive Forum will harness the experiences of a distinguished pool of global experts\, regulators\, supervisors\, academics and industry practitioners.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n29/04/2013\nEXECUTIVE FORUM: DAY 1\n\n\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nFirm-Wide Risk Management Framework for Islamic Banks Why Risk Management Approaches in Islamic Banks Should Differ from the Conventional Approaches Firm-Wide Risk Management: Solutions for a Holistic Approach in Managing Risks in Islamic Banking Operations Role of Corporate Governance in Islamic Banking Risk Management: How We Can Learn from International Best Practices Social Responsibility and Fiduciary Risk Management: Key for Sustainable Islamic Banking Business\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nCredit Risk Minimisation in Islamic Banking Practices How Global Financial Regulatory Regimes on Credit Risk are Applicable to Islamic Banking Operations Finding Ways to Manage Specificities of Islamic Finance Related to Credit Risk in the Islamic Banking Business Lessons Learnt from Previous Default Cases in Islamic Banking Portfolios Imminent Challenges in Credit Risk Management\n\n\n13:00 – 14:00\nGroup Photo\, Lunch and Prayers\n\n\n14:00 – 15:30\nResolving Issues in Liquidity Management in Islamic Banks Challenges in Liquidity Risk Management in Islamic Banks Development of Instruments for Liquidity Management: How Advanced Are We? Developing Effective Liquidity Management Policies Sharī`ah-Compliant Lender of the Last Resort (LOLR) Facilities: Are they Adequate?\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nRisk-Sharing via Equity Financing: Enhancing Potentials and Confronting Issues Exploring Business Opportunities for Equity Investment and Equity Financing How to Apply Risk-Sharing Equity Investment and Financing in Islamic Banking Operations Mitigating Risks in Equity Investment and Financing Regulatory and Commercial Issues in Financing Risk-Sharing Initiative\n\n\nDay 2\n30/04/2013\nEXECUTIVE FORUM: DAY 2\n\n\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nA Holistic Approach in Managing Sharī`ah Non – Compliance Risks Sharī`ah Non-Compliant Risks and Potential Impacts on Islamic Banks How to Measure Sharī`ah Non-Compliant Risks Developing Risk Mitigating Techniques and Infrastructures for Sharī`ah Non-Compliant Risks Necessary Conditions for Effective Sharī`ah Non-Compliant Risk Management\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nRegulating Minimum Capital Requirements to Foster Stability of the Islamic Banking Industry Impact of the Changes in Global Regulatory Capital Regimes\, including Basel III\, on Islamic Banks Recognising the Specificities of Islamic Banks in Capital Adequacy Requirements Examining Current Practices in the Structure of Capital Adequacy Ratio (CAR) of Islamic Banking in Various IFSB Member Countries Challenges in the Implementation of IFSB-2: Capital Adequacy Requirements for Institutions offering Islamic Financial Services\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSupervisory Perspectives on Risk and Governance Prudential Risks in Islamic Banking and Takāful – How do these Differ from Conventional Banking? Governance\, Remuneration and Conflicts of Interest Pragmatism and Practicality Enforceability\, Market Conduct and Affinity Fraud\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nRisk-based Supervision in Islamic Banking Rationale for Risk-Based Supervision How the Specificities of Islamic Banking Businesses are Incorporated in Risk-Based Supervision Rules and Regulations on Risk-Based Supervision: International and Country Perspectives Overcoming Challenges in Risk-Based Supervision in Islamic Banks\n\n\n17:30 – 18:00\nClosing Ceremony & Certificate Presentation\n\n\n\nDownloadable Document(s)\n\n\n\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure
URL:https://www.ifsb.org/event/eve00205-ifsb-inceif-executive-forum-on-islamic-finance-building-risk-management-infrastructures-in-islamic-financial-institutions/
LOCATION:Training Room 2.1 & 2.2\, Sasana Kijang\, kuala lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130409T090000
DTEND;TZID=UTC:20130409T172000
DTSTAMP:20260404T020637
CREATED:20130408T174444Z
LAST-MODIFIED:20231228T012541Z
UID:11980-1365498000-1365528000@www.ifsb.org
SUMMARY:4th Islamic Financial Services Forum: The European Challenge
DESCRIPTION:The fourth edition of the Forum series was organised in response to the increasing interest shown by European countries in Islamic financial services which is tailored for European regulators and market players to discuss on issues and challenges that Europe may face in exploring the opportunities and developing its’ Islamic financial services industry. 13 chairpersons and speakers who were senior financial sector supervisors\, market players\, and experts from international financial institutions were invited to discuss the following four issues at the Forum:\n\n 	Overview of the Islamic Financial Landscape: Globally and in Europe\n 	Assessing the Legal\, Regulatory and Institutional Challenges in Light of Developments in Europe\n 	Sukūk in Europe: Response to a Changing Financial Environment\n 	Panel Discussion on Islamic Finance in Europe: Challenges and Opportunities in the Current Financial Climate The Forum saw the attendance of approximately 85 participants from government\, regulatory and supervisory bodies\, capital markets and industry players as well as academicians. The Forum was hosted by Banca d’Italia.\n\nEvent Snapshots\n\n\n\n\n\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\n09/04/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:15\nOpening and Keynote Session\n\n\n10:15 – 11:30\nSession 1: Overview of the Islamic Financial Landscape: Globally and in Europe This session explicates the growth and trend of the global Islamic financial services industry\, particularly in Europe\, its growth drivers\, as well as prospects and challenges facing the industry post-crisis.\n\n\n11:30 – 11:45\nCoffee Break\n\n\n11:45 – 13:00\nSession 2: Assessing the Legal\, Regulatory and Institutional Challenges in Light of Developments in Europe The introduction of further regulatory and supervisory reforms post-crisis to promote financial stability in Europe is expected to pose new challenges to the development of the Islamic financial services industry in the region. This session aims to identify the challenges\, particularly in the legal\, regulatory and institutional areas\, and proposed measures that will enable Islamic financial services to be offered in the Euro area.\n\n\n13:00 – 14:00\nLunch\n\n\n14:00 – 15:15\nSession 3: Sukūk in Europe: Response to a Changing Financial Environment The financial crisis poses challenges to the development and progress of both conventional and Islamic finance in Europe. This session aims to explore the role of Sukūk with reference to their possible value addition and the financial stability and supervisory issues involved.\n\n\n15:15 – 15:30\nCoffee Break\n\n\n15:30 – 17:00\nSession 4: Panel Discussion on Islamic Finance in Europe: Challenges and Opportunities in the Current Financial Climate The session proposes to identify the current challenges and opportunities presented by Islamic Finance for the European nations from various viewpoints.\n\n\n17:00 – 17:20\nConcluding Remarks\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure\n\n\n3.)\n\nHotel Reservation Form – Grand Hotel de la Minerve\n\n\n4.)\n\nHotel Reservation Form – Jumeirah Hotel\n\n\n5.)\n\nHotel Reservation Form – Quirinale Hotel\n\n\n6.)\n\nHotel Reservation Form – St. Regis Hotel\n\n\n7.)\n\nList of Hotels in Rome
URL:https://www.ifsb.org/event/eve00196-4th-islamic-financial-services-forum-the-european-challenge/
LOCATION:Banca d’Italia\, via Nazionale 91\, rome\, Italy
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:20130407T143000
DTEND;TZID=UTC:20130407T160000
DTSTAMP:20260404T020637
CREATED:20130406T174704Z
LAST-MODIFIED:20231228T012550Z
UID:11983-1365345000-1365350400@www.ifsb.org
SUMMARY:7th Islamic Financial Stability Forum : Financial Reforms in Response to the Global Crisis: Lessons for Islamic Finance in Ensuring Financial Stability
DESCRIPTION:The IFSB organised its 7th Islamic Financial Stability Forum (7th IFSF) on 7 April 2013\, in Qatar.\n\nThe 7th IFSF was held in conjunction with the 22nd Council Meeting of the IFSB\, hosted by Qatar Central Bank.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n07/04/2013\n14:30 – 14:40\nChairman’s Remarks H.E. Abdullah Saud Al-Thani\, Governor\, Central Bank of Qatar\, and Chairman\, Council of the IFSB\n\n\n14:40 – 15:40\nFinancial Reforms in Response to the Global Financial Crisis: Lessons for Islamic Finance in Ensuring Financial Stability Performance of the financial services industry post crisis Financial regulatory and supervisory reform: Policies and institutions\, implementation and progress to date Integrating Islamic finance into the existing financial architecture Strengtheningthe stability and resilience of the Islamic financial services industry moving forward: Strategies and challenges in implementation Speaker: H.E. Dr. Zeti Akhtar Aziz\, Governor\, Bank Negara Malaysia Discussant 1. H.E. Dr. Atiur Rahman\, Governor\, Bangladesh Bank 2. H.E. Yaseen Anwar\, Governor\, State Bank of Pakistan\n\n\n15:40 – 16:00\nCoffee and Networking Break End of Forum\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00314-7th-islamic-financial-stability-forum-financial-reforms-in-response-to-the-global-crisis-lessons-for-islamic-finance-in-ensuring-financial-stability/
LOCATION:Qatar\, Qatar
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130406T083000
DTEND;TZID=UTC:20130407T220000
DTSTAMP:20260404T020637
CREATED:20130405T185932Z
LAST-MODIFIED:20231228T012558Z
UID:12014-1365237000-1365372000@www.ifsb.org
SUMMARY:IFSB Annual Meetings 2013: 22nd Meeting of the Council\, 11th General Assembly of the Islamic Financial Services Board & Other Events
DESCRIPTION:The Annual Meetings 2013 are hosted by Qatar Central Bank. Invitation letters have been sent to all members. Please submit your registration forms to Ms. Ismawaty at ismawaty@ifsb.org / ifsb_sec@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n06/04/2013\nEVENT 1 : IFSB-IRTI ROUNDTABLE ON THE MID-TERM REVIEW OF THE ISLAMIC FINANCIAL SERVICES INDUSTRY DEVELOPMENT: TEN-YEAR FRAMEWORK AND STRATEGIES\n\nEVENT 2 : IFSB MEET-THE-MEMBERS SESSION\n\n\n08:30 – 09:00\nEVENT 1 : IFSB-IRTI ROUNDTABLE ON THE MID-TERM REVIEW OF THE ISLAMIC FINANCIAL SERVICES INDUSTRY DEVELOPMENT: TEN-YEAR FRAMEWORK AND STRATEGIES Registration\n\n\n09:00 – 09:15\nOpening and Welcoming Address\n\n\n09:15 – 09:45\nSession 1: The Ten-Year Framework and Strategies and Their Relevance in Light of The Current Financial Climate Overview of the Ten-Year Framework and Strategies: Status and assumptions Progress of the implementation of the Ten-Year Framework and Strategies Development in the global financial system post-crisis and the impact on the Ten-Year Framework and Strategies The relevance of the Ten-Year Framework and Strategies post-crisis: New challenges and priorities for the IFSI\n\n\n09:45 – 09:45\nDiscussion\n\n\n10:15 – 10:30\nCoffee Break\n\n\n10:30 – 11:00\nSession 2: National Level Strategic Plans for The Promotion and Development of Islamic Finance Post-Crisis in the Following Regions: (a) Developed jurisdictions in Asia and the Middle East (b) Developing jurisdictions in Europe (c) New entrance in A Country Experience Specific and Common Issues Faced by the Regions Challenges in Terms of Islamic Financial Architecture and Infrastructure and Institutions\n\n\n11:00 – 11:30\nDiscussion\n\n\n11:30 – 12:15\nSession 3: Islamic Financial Architecture and Infrastructure Development: Review of The Broad Strategies and Initiatives Identified in The 10-Year Framework Islamic financial architecture and infrastructure development for Islamic banks\, non-banking financial institutions\, Islamic capital markets and Takaful: Progress of strategies and initiatives\, and issues and challenges Outlook and new challenges facing the IFSI in terms of financial architecture and infrastructure requirements Policies and enabling environment for the IFSI Proposed priorities and recommendations for financial architecture and infrastructure development in light of the changing landscape in the global financial system\n\n\n12:15 – 12:45\nDiscussion\n\n\n12:45 – 14:15\nEVENT 2: Meet the Members Lunch (For IFSB Members Only) Arrival of Guests Opening Session-Welcoming remarks Interactive Session-Presentation & Q&A Session Luncheon\n\n\n14:15 – 15:00\nSession 4: Institutional Development: Review of The Current Broad Strategies and Initiatives Identified in The 10-Year Framework Institutional development for Islamic banks\, non-banking financial institutions\, Islamic capital markets and Takaful: Progress of strategies and initiatives\, and issues and challenges Outlook and new challenges facing the IFSI in terms of institutional development Proposed priorities and recommendations for institutional development in light of the changing landscape in the global financial system\n\n\n15:00 – 15:30\nDiscussion\n\n\n15:30 – 16:15\nSession 5: Implementation of the Ten-Year Framework and Strategies: The Way Forward Formulating and implementing new strategies and initiatives to achieve the objective of the Ten-Year Framework and Strategies Proposed revision of the Ten-Year Framework and Strategies Resolutions and recommendations for the Ten-Year Framework and Strategies\n\n\n16:15 – 17:00\nDiscussion\, resolutions and recommendations\n\n\n17:00 – 17:15\nCoffee Break End of Roundtable\n\n\n20:00 – 22:00\nWelcome Dinner\n\n\nDay 2\n07/04/2013\n22ND COUNCIL MEETING\, GENERAL ASSEMBLY AND SIDE EVENT\n\n\n09:30 – 12:40\n22nd meeting of the Council of the IFSB (For Council Members Only)\n\n\n12:45 – 13:15\n11th General Assembly (For IFSB Members Only)\n\n\n14:30 – 16:00\n7th Islamic Financial Stability Forum (For IFSB Council Members\, Regulatory Authorities and International Organisation) END OF EVENT\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00204-ifsb-annual-meetings-2013-22nd-meeting-of-the-council-11th-general-assembly-of-the-islamic-financial-services-board-other-events/
LOCATION:–\, Bali\, Indonesia
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:20130325T090000
DTEND;TZID=UTC:20130327T163000
DTSTAMP:20260404T020637
CREATED:20130324T185934Z
LAST-MODIFIED:20231228T012607Z
UID:12015-1364202000-1364401800@www.ifsb.org
SUMMARY:IFSB-FIS Regional Workshops on Liquidity Risk Management and Stress Testing Standards
DESCRIPTION:The Workshops are hosted by Labuan Financial Services Authority (LFSA) Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n25/03/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening Session: Opening Remarks by the IFSB\n\n\n09:50 – 11:15\nSession 1: Overview of the IFSB Guiding Principle on Risk Management for the IIFS Islamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS IFSB key Risk Categorie\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2: Guiding Principles on Liquidity Risk Management for IIFS Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Governance Structure: Role of the Board of Directors and Senior Management Identification of Liquidity Risk Case Study / Group Discussion\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Guiding Principles on Liquidity Risk Management for IIFS Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Measurement of Liquidity Risk Diversification of the Funding Base Consolidated Management of Liquidity Risk Case Study / Group Discussion\n\n\n15:30 – 15:45\nCoffee Break\n\n\n15:45 – 16:30\nSession 4: Guiding Principles on Liquidity Risk Management for IIFS Maintaining High – Quality Liquidity Buffer Preparing a Contingency Funding Plan Managing Sharī`ah – Compliant Collateral Case Study / Group Discussion\n\n\nDay 2\n26/03/2013\n09:30 – 11:15\nSession 5: Guiding Principles on Liquidity Risk Management for IIFS Collaboration Between IIFS Meeting Payment and Settlement System Obligations Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk Case Study/ Group Discussion\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Guiding Principles Liquidity Risk Management for Supervisory Authorities Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations Supervisors Role as Provider of Liquidity Support Supervision of Liquidity Risk at Consolidated Level Home – Host and Cross – Sector Supervision of Liquidity Risk Supervisors Role in Contingency Planning & Development of Infrastructure Case Study / Group Discussion\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:00\nSession 7: Launching of the IFSB Survey Findings on Sharī`ah – Compliant Lender of Last Resort (SLOLR)\n\n\n15:00 – 15:15\nCoffee Break\n\n\n15:15 – 16:30\nSession 8: Understanding Stress Testing for Financial Institutions Stress testing as a risk Management tool Stress Testing and Global financial crisis International Guidance on Stress Testing and Gap Analysis IFSB Comprehensive Stress Testing Framework for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios\n\n\nDay 3\n27/03/2013\n09:30 – 11:15\nSession 9: Guiding Principles on Stress Testing for IIFS (Cont’d) Specific Elements of IIFS in Stress Testing Stress Testing Methodologies Frequency of Stress Testing Outputs of Stress Testing and Remedial Actions Disclosure of the Stress Testing Programme Case Study on Liquidity Risk Stress Testing Group Exercise\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 10: Stress Testing Solvency Simulation Exercises: How to conduct Micro level (or IIFS level) Stress Testing Capital Requirements Stress Testing Credit risk and market risk related Stress Testing Sharī`ah Non- Compliance Stress Testing\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 11: Stress Testing Solvency Simulation Exercises (Cont d): How to conduct Micro level (or IIFS level) Stress Testing Capital Requirements Stress Testing Credit risk and market risk related Stress Testing Sharī`ah Non- Compliance Stress Testing\n\n\n15:30 – 16:45\nCoffee Break\n\n\n15:45 – 16:00\nSession 12: Guiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS Stress Testing Supervisory Evaluation of an IIFSs Stress Testing Methodology Designing and Implementing System-Wide Stress Tests and Frequencies Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry Cross-border Issues and Home-Host Coordination Stress Testing Reporting Disclosures and Format\n\n\n16:30 – 17:00\nClosing Ceremony\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00201-ifsb-fis-regional-workshops-on-liquidity-risk-management-and-stress-testing-standards/
LOCATION:Grand Dorsett Labuan\, labuan\, Malaysia
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20130311T095000
DTEND;TZID=UTC:20130313T160000
DTSTAMP:20260404T020637
CREATED:20131106T185936Z
LAST-MODIFIED:20231228T015614Z
UID:12016-1362995400-1363190400@www.ifsb.org
SUMMARY:IFSB-FIS Workshops for Regulatory and Supervisory Authorities for the Islamic Capital Market and Takaful Sectors
DESCRIPTION:These Workshops will address the following IFSB Standards and Guidance Principles: • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes • IFSB-7: Capital Adequacy Requirements for Sukūk\, Securitisation and Real Estate Investment • IFSB-8: Guiding Principles on Governance for Takāful (Islamic Insurance) Undertakings • IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services • IFSB-10: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services • IFSB-11: Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings Participation in these Workshops are by INVITATION only. For more information on these Workshops\, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n11/03/2013\n09:50 – 16:00\nIslamic Capital Markets: Sessions 1 – 3 SESSION 1: Introduction to Islamic Capital Market (Concept of Islamic Finance\, Products of Islamic Capital Market\, Issues in Islamic Capital Market) SESSION 2: IFSB – 7: Prudential Issues in Sukūk Instruments (Sukūk Structures\, Collateral Security Structures\, Risks in a Securitization Structures\, Operational Requirements Pertaining to Sukūk and Securitizations) SESSION 3: IFSB – 7: Prudential Issues in Sukūk Instruments Credit Risk Mitigation for Securitization Exposures Credit Enhancement for Sharī’ah Compliant Securitization Case Studies\n\n\n09:50 – 16:00\nTakâful: Sessions 1 – 3 SESSION 1: Introduction to Islamic Finance and Takāful Concept and Contracts in Islamic Finance Takāful Models Prudential Issues in Takāful SESSION 2: Guiding Principles on Governance for Takāful (Islamic Insurance) Undertakings Reinforcement of Relevant Good Governance Practices Independence and Integrity of Governance Organs Appropriate Code of Ethics and Conduct Protection of Rights and Interests of Takāful Participants Appropriate Disclosures to Material and Relevant Information SESSION 3: Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings Specificities of Solvency Requirements for Takāful Solvency Control Levels Criteria for Assessing the Quality and Suitability of Solvency Resources in the Takāful and Shareholders’ Funds Risk Management Framework\n\n\nDay 2\n12/03/2013\n DAY2\n\n\n09:30 – 16:00\nIslamic Capital Markets: Sessions 4 – 6 SESSION 4: IFSB – 6: Governance for Islamic Collective Investment Schemes Definition of ICIS General Governance Approach of ICIS Transparency and Disclosure SESSION 5: IFSB – 6: Governance for Islamic Collective Investment Schemes Cont’d Compliance with Sharī’ah Rules and Principles Additional Protection for ICIS Investors Case Studies SESSION 6: Countries Experiences Sharing session\n\n\n09:30 – 11:00\nTakâful: Sessions 4 – 6 SESSION 4: Case Studies IFSB – 8: Guiding Principles on Governance for Takâful (Islamic Insurance) Undertakings IFSB – 11: Standard on Solvency Requirements for Takâful (Islamic Insurance) Undertakings SESSION 5: Guidance Note on the Recognition of Ratings by external Credit Assessment Institutions (ECAIS) on Takâful and ReTakâful Undertakings Legal and Corporate Structure Underwriting Surpluses and Capital Levels Analytic Considerations which Refer in Particular to ReTakāful SESSION 6: Risk Management and Other Prudential Issues in Takāfu Country Experience Sharing Session\n\n\nDay 3\n13/03/2013\n09:30 – 16:00\nIslamic Capital Markets & Takâful: Sessions 7 – 9 SESSION 7: IFSB – 9: Conduct of Business Islamic Perspective on Conduct of Business Conduct of Business and Financial Stability IFSB Recommendations on Conduct of Business Case Studies SESSION 8: IFSB – 10: Sharī’ah Governance System General Governance Approach to Sharī’ah Governance System Requirements on Sharī’ah Governance System SESSION 9:IFSB – 10: Sharī’ah Governance System Case Studies\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nAgenda – Takaful
URL:https://www.ifsb.org/event/eve00203-ifsb-fis-workshops-for-regulatory-and-supervisory-authorities-for-the-islamic-capital-market-and-takaful-sectors/
LOCATION:Sasana Kijang\, Kuala Lumpur\, 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;TZID=UTC:20130304T090000
DTEND;TZID=UTC:20130305T173000
DTSTAMP:20260404T020637
CREATED:20130303T191013Z
LAST-MODIFIED:20231228T012615Z
UID:12024-1362387600-1362504600@www.ifsb.org
SUMMARY:IFSB FIS-Workshop on Islamic Capital Markets
DESCRIPTION:This Workshop is hosted by the Capital Markets Board of Turkey (CMB) The Workshop will cover the following IFSB Standards and Guiding Principles: • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes • IFSB-7: Capital Adequacy Requirements for Sukūk\, Securitisations and Real Estate Investment • IFSB-9: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services • IFSB-10: Guiding Principles on Sharī’ah Governance System for Institutions Offering Islamic Financial Services Participation in the Workshop is BY INVITATION only. For more information on the Workshop\, please email to Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n04/03/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening Session\n\n\n09:50 – 11:15\nSession 1: Introduction to Islamic Capital Market Concept of Islamic Finance Key Products of Islamic Capital Market Key Issues in Islamic Capital Market\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB – 7: Prudential Issues in Sukūk Instruments Sukūk Structures Collateral Security Structures Risks in a Securitization Structures Operational Requirements Pertaining to Sukūk and Securitizations\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:30\nSession 3: IFSB – 7: Prudential Issues in Sukūk Instruments Cont’d Credit Risk Mitigation for Securitization Exposures Credit Enhancement for Shariah Compliant Securitization Case Study\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 4: Case Study Sukūk Structures Prudential Issues from Sukūk Structures Experience Sharing Session\n\n\nDay 2\n05/03/2013\n09:00 – 11:00\nSession 5: IFSB – 6: Governance for Islamic Collective Investment Schemes Definition of ICIS\, General Governance Approach of ICIS Transparency and Disclosure Compliance with Shariah Rules and Principles Additional Protection for ICIS Investors Case Study\n\n\n11:00 – 11:15\nCoffee Break\n\n\n11:15 – 13:00\nSession 6: IFSB-9: Conduct of Business Islamic Perspective on Conduct of Business Conduct of Business and Financial Stability IFSB Recommendations on Conduct of Business Case Study\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:30\nSession 7: IFSB – 10: Shariah Governance System General Governance Approach to Shariah Governance System Requirements on Shariah Governance System Guiding Principles on Shariah Governance -Case Study & Group Exercise Centralised vs. Decentralised Sharīah Governance System\n\n\n15:30 – 15:50\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00202-ifsb-fis-workshop-on-islamic-capital-markets/
LOCATION:Arapcami Mahallesi Bankalar Caddesi No: 21/A Kat:1-2 34420 Karakoy\,Beyoglu\, Istanbul\, Istanbul\, Turkey
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:20130218T073000
DTEND;TZID=UTC:20130220T154500
DTSTAMP:20260404T020637
CREATED:20130217T191009Z
LAST-MODIFIED:20231228T012623Z
UID:12023-1361172600-1361375100@www.ifsb.org
SUMMARY:IFSB-FIS Regional Workshops on Liquidity Risk Management and Stress Testing Standards
DESCRIPTION:The Workshops are hosted by Qatar Central Bank Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n18/02/2013\n07:30 – 08:00\nRegistration\n\n\n08:00 – 08:15\nOpening Remarks by the IFSB\n\n\n08:15 – 09:45\nSession 1: Overview of the Risk Management for the IIFS Islamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS IFSB Key Risk Categories\n\n\n09:45 – 10:15\nCoffee Break\n\n\n10:15 – 11:45\nSession 2: Guiding Principles on Liquidity Risk Management for IIFS Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Governance Structure: Role of the Board of Directors and Senior Management Identification of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Case Study\n\n\n11:45 – 12:15\nCoffee Break & Prayers\n\n\n12:15 – 13:45\nSession 3: Guiding Principles on Liquidity Risk Management for IIFS Measurement of Liquidity Risk Diversification of the Funding Base Consolidated Management of Liquidity Risk Maintaining High-Quality Liquidity Buffer Preparing a Contingency Funding Plan Managing Sharī`ah-Compliant Collateral Case Study\n\n\n13:45 – 14:45\nSession 4: Experience Sharing Session\n\n\n14:45 – 15:45\nLunch\n\n\nDay 2\n19/02/2013\n08:00 – 09:30\nSession 5: Guiding Principles on Liquidity Risk Management for IIFS Collaboration between IIFS Meeting Payment and Settlement System Obligations Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk Group Discussion\n\n\n09:30 – 10:00\nCoffee Break\n\n\n10:00 – 11:30\nSession 6: Guiding Principles on Liquidity Risk Management for Supervisory Authorities Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations Supervisors Role as Provider of Liquidity Support Supervision of Liquidity Risk at Consolidated Level Home-Host and Cross-Sector Supervision of Liquidity Risk Contingency Planning Supervisors Role in the Development of Liquidity Infrastructure Appendices: Suggested Metrics and Monitoring Tools Group Discussion Experience Sharing Session\n\n\n11:30 – 12:00\nCoffee Break & Prayers\n\n\n12:00 – 13:30\nSession 7: Understanding Stress Testing for Financial Institutions Stress Testing as a Risk Management Tool Stress Testing and Global Financial Crisis International Guidance on Stress Testing and Gap Analysis IFSB Comprehensive Stress Testing Framework for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios\n\n\n13:30 – 14:30\nSession 8: Experience Sharing Session\n\n\n14:30 – 15:30\nLunch\n\n\nDay 3\n20/02/2013\n08:00 – 09:30\nSession 9: Guiding Principles on Stress Testing for IIFS (Cont d) Specific Elements of IIFS in Stress Testing Stress Testing Methodologies Frequency of Stress Testing Outputs of Stress Testing and Remedial Actions Disclosure of the Stress Testing Programme Comprehensive Case Study On Liquidity Risk Stress Testing Group Exercise\n\n\n09:30 – 10:00\nCoffee Break\n\n\n10:00 – 11:30\nSession 10: Stress Testing Solvency Simulation Exercises: How to Conduct Micro Level (or IIFS Level) Stress Testing Capital Requirements Stress Testing Credit Risk and Market Risk Related Stress Testing\n\n\n11:30 – 12:00\nCoffee Break & Prayers\n\n\n12:00 – 13:30\nSession 11: Guiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS Stress Testing Supervisory Evaluation of an IIFS Stress Testing Methodology Designing and Implementing System-Wide Stress Tests and Frequencies Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry Cross-border Issues and Home -Host Coordination Stress Testing Reporting Disclosures and Format\n\n\n13:30 – 14:30\nSession 12: Experience Sharing Session\n\n\n14:30 – 14:50\nClosing Ceremony\n\n\n14:50 – 15:50\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00197-ifsb-fis-regional-workshops-on-liquidity-risk-management-and-stress-testing-standards/
LOCATION:Al Manar Hall\, Crowne Plaza Doha – The Business Park P.O.Box 22080\, Doha airport road.\, Doha\, Qatar
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:20130217T080000
DTEND;TZID=UTC:20130217T170000
DTSTAMP:20260404T020637
CREATED:20130216T191359Z
LAST-MODIFIED:20231228T012632Z
UID:12029-1361088000-1361120400@www.ifsb.org
SUMMARY:The IFSB Public Hearing on Exposure Drafts 14 and 15
DESCRIPTION:The Public Hearing will cover the followings: 1) Exposure Draft 14: Standard on Risk Management for Takāful (Islamic Insurance) Undertakings 2) Exposure Draft 15: Standard on Revised Capital Adequacy for Institutions offering Islamic Financial Services (Other than Takāful Institutions and Islamic Collective Investment Schemes) For more information on the Public Hearing\, please email to Ms. Ismawaty Ismail at ismawaty@ifsb.org.\n\n Programme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n17/02/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:00\nPresentation on Exposure Draft – 14: Standard on Risk Management for Takāful (Islamic Insurance) Undertakings\n\n\n10:00 – 10:30\nQuestion and Answer\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 11:30\nPresentation on Exposure Draft – 15: Standard on Revised Capital Adequacy for Institutions offering Islamic Financial Services (Other than Takāful Institutions and Islamic Collective Investment Schemes)\n\n\n11:30 – 12:15\nQuestion and Answer\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00200-the-ifsb-public-hearing-on-exposure-drafts-14-and-15/
LOCATION:Ballroom\, Crowne Plaza Hotel\, Doha\, Qatar
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:20130129T084500
DTEND;TZID=UTC:20130131T153000
DTSTAMP:20260404T020637
CREATED:20130128T191547Z
LAST-MODIFIED:20231228T012641Z
UID:12033-1359449100-1359646200@www.ifsb.org
SUMMARY:IFSB-FIS Workshops on Liquidity Risk Management and Stress Testing Standards
DESCRIPTION:The Workshops are hosted by the Central Bank of Sudan Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n29/01/2013\n08:45 – 09:00\nOpening Remarks by the IFSB\n\n\n09:00 – 10:30\nSession 1: Overview of the Risk Management for the IIFS Islamic Finance: Concept and Contracts and Risks Implication for IIFS Overview of Prudential Issues in IIFS Credit Risk Equity Investment Risk Operational Risk Market Risk Liquidity Risk Rate of Return Risk\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 2: Guiding Principles on Liquidity Risk Management for IIFS Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Governance Structure: Role of the Board of Directors and Senior Management Identification of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Case Study\n\n\n12:30 – 13:00\nCoffee Break & Prayers\n\n\n13:00 – 14:30\nSession 3: Guiding Principles on Liquidity Risk Management for IIFS Measurement of Liquidity Risk Diversification of the Funding Base Consolidated Management of Liquidity Risk Maintaining High-Quality Liquidity Buffer Preparing a Contingency Funding Plan Managing Sharī`ah-Compliant Collateral Case Study\n\n\n14:30 – 15:30\nLunch\n\n\nDay 2\n30/01/2013\n09:00 – 10:30\nSession 4: Guiding Principles on Liquidity Risk Management for IIFS Collaboration Between IIFS Meeting Payment and Settlement System Obligations Foreign Exchange Liquidity Risk Reporting and Disclosure of Liquidity Risk Group Discussion\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 5: Guiding Principles on Liquidity Risk Management for Supervisory Authorities Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations Supervisors Role as Provider of Liquidity Support Supervision of Liquidity Risk at Consolidated Level Home-Host and Cross-Sector Supervision of Liquidity Risk Contingency Planning Supervisors Role in the Development of Liquidity Infrastructure Appendices: Suggested Metrics and Monitoring Tools Group Discussion\n\n\n12:30 – 13:00\nCoffee Break & Prayers\n\n\n13:00 – 14:30\nSession 6: Understanding Stress Testing for Financial Institutions Stress Testing as a Risk Management Tool Stress Testing and Global Financial Crisis International Guidance on Stress Testing and Gap Analysis IFSB Comprehensive Stress Testing Framework for IIFS Governance Aspects of the Stress Testing Framework Identification of Risk Factors and Coverage of Scenarios\n\n\n14:30 – 15:30\nLunch\n\n\nDay 3\n31/01/2013\n09:00 – 10:30\nSession 7: Guiding Principles on Stress Testing for IIFS (Cont d) Specific Elements of IIFS in Stress Testing Stress Testing Methodologies Frequency of Stress Testing Outputs of Stress Testing and Remedial Actions Disclosure of the Stress Testing Programme Comprehensive Case Study on Liquidity Risk Stress Testing Group Exercise\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 8: Stress Testing Solvency Simulation Exercises: How to Conduct Micro Level (or IIFS Level) Stress Testing Capital Requirements Stress Testing Credit Risk and Market Risk Related Stress Testing\n\n\n12:30 – 13:00\nCoffee Break & Prayers\n\n\n13:00 – 14:30\nSession 9: Guiding Principles on Stress Testing for Supervisory Authorities Regular and Comprehensive Assessments of IIFS Stress Testing Supervisory Evaluation of an IIFSs Stress Testing Methodology Designing and Implementing System – Wide Stress Tests and Frequencies Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry Cross-border Issues and Home – Host Coordination Stress Testing Reporting Disclosures and Format\n\n\n14:30 – 14:50\nClosing Ceremony\n\n\n14:50 – 15:30\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00199-ifsb-fis-workshops-on-liquidity-risk-management-and-stress-testing-standards/
LOCATION:Corinthia Hotel Khartoum\, Khartoum\, Sudan
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:20130129T081500
DTEND;TZID=UTC:20130131T153000
DTSTAMP:20260404T020637
CREATED:20130128T191400Z
LAST-MODIFIED:20231228T012649Z
UID:12030-1359447300-1359646200@www.ifsb.org
SUMMARY:IFSB-FIS Workshops on Takaful
DESCRIPTION:The Workshops are hosted by The Insurance Supervisory Authority of Sudan. Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n29/01/2013\n08:15 – 08:45\nRegistration\n\n\n08:45 – 09:00\nOpening Remarks by the IFSB\n\n\n09:00 – 10:00\nSession 1: Introduction to Islamic Finance and Takāful Concept and Contracts in Islamic Finance Takāful Models Prudential Issues in Takāful\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 2: Guiding Principles on Governance for Takāful (Islamic Insurance) Undertakings Reinforcement of Relevant Good Governance Practices Independence and Integrity of Governance Organs Appropriate Code of Ethics and Conduct Protection of Rights and Interests of Takāful Participants Appropriate Disclosures to Material and Relevant Information\n\n\n12:00 – 12:30\nCoffee Break & Prayers\n\n\n12:30 – 14:30\nSession 3: Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings Specificity of Solvency Requirements for Takāful Solvency Control Levels Criteria for Assessing the Quality and Suitability of Solvency Resources in the Takāful and Shareholders Funds Risk Management Framework\n\n\n14:30 – 15:30\nLunch\n\n\nDay 2\n30/01/2013\n09:00 – 10:00\nSession 4: Guidance Note on the Recognition of Ratings by External Credit Assessment Institutions (ECAIS) on Takâful and ReTakâful Undertakings Legal and Corporate Structure Underwriting Surpluses and Capital Levels Analytic Considerations Which Refer in Particular to ReTakāful\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 5: Case Studies\n\n\n12:00 – 12:30\nCoffee Break & Prayers\n\n\n12:30 – 14:30\nSession 6: Risk Management and Other Prudential Issues in Takāful\n\n\n14:30 – 15:30\nLunch\n\n\nDay 3\n31/01/2013\n09:00 – 10:00\nSession 7: Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services Islamic Perspective on Conduct of Business Conduct of Business and Financial Stability IFSB Recommendations on Conduct of Business\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 8: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services General Governance Approach to Sharī`ah Governance Systems Requirements on Sharī`ah Governance Systems\n\n\n12:00 – 12:30\nCoffee Break & Prayers\n\n\n12:30 – 14:00\nSession 9: Guiding Principles on Sharī`ah Governance Systems for Institutions Offering Islamic Financial Services Case Studies\n\n\n14:00 – 14:20\nClosing Ceremony\n\n\n14:20 – 15:30\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00198-ifsb-fis-workshops-on-takaful/
LOCATION:Corinthia Hotel Khartoum\, Khartoum\, Sudan
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:20130122T090000
DTEND;TZID=UTC:20130122T121500
DTSTAMP:20260404T020637
CREATED:20130121T191816Z
LAST-MODIFIED:20231228T012656Z
UID:12036-1358845200-1358856900@www.ifsb.org
SUMMARY:The IFSB Public Hearing on Exposure Drafts 14 and 15
DESCRIPTION:The Public Hearing will cover the following documents:\n\n1) Exposure Draft 14: Standard on Risk Management for Takāful (Islamic Insurance) Undertakings\n2) Exposure Draft 15: Standard on Revised Capital Adequacy for Institutions offering Islamic Financial Services (Other than Takāful Institutions and Islamic Collective Investment Schemes)\n\nFor more information on the Public Hearing\, please email to Ms. Ismawaty Ismail at ismawaty@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n22/01/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:00\nPresentation on Exposure Draft – 14: Standard on Risk Management for Takāful (Islamic Insurance) Undertakings\n\n\n10:00 – 10:30\nQuestion and Answer\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 11:30\nPresentation on Exposure Draft – 15: Standard on Revised Capital Adequacy for Institutions offering Islamic Financial Services (Other than Takāful Institutions and Islamic Collective Investment Schemes)\n\n\n11:30 – 12:15\nQuestion and Answer\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00193-the-ifsb-public-hearing-on-exposure-drafts-14-and-15/
LOCATION:Forum Room\, Sasana 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:20130121T090000
DTEND;TZID=UTC:20130121T170000
DTSTAMP:20260404T020637
CREATED:20130120T192012Z
LAST-MODIFIED:20231228T012705Z
UID:12038-1358758800-1358787600@www.ifsb.org
SUMMARY:Roundtable on the Islamic Financial Services Industry Stability Draft Report
DESCRIPTION:Participation in the Roundtable is BY INVITATION only. For more information on the Roundtable\, please email Ms. Yazmin Aziz at yazmin@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n21/01/2013\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:40\nOpening Session\n\n\n09:40 – 10:40\nSession 1 : Development of the Global Islamic Financial Services Industry (IFSI) Overview of the IFSI Trends in the development of Islamic banks\, Islamic capital market\, Takāful and Islamic funds (2004-2011) Challenges faced by the industry Assessment on the resilience of the IFSI – financial ratios\, stress testing\, capital adequacy and Basel III Roles of Islamic capital market and Takāful in ensuring financial stability Further policy recommendations to encourage financial stability Discussion\n\n\n10:40 – 11:00\nCoffee Break\n\n\n11:00 – 12:00\nSession 2 : Islamic Finance and the Changing Global Financial Architecture Global initiatives to promote financial stability Evolving financial architecture for Islamic finance IFSB Standards: Progress of implementation Discussion\n\n\n12:00 – 13:00\nSession 3 : Progress in Promoting the Resilience and Stability of the IFSI Comprehensive set of cross-sectoral prudential standards Development of liquidity management infrastructure Strengthening financial safety nets Effective crisis management and resolution framework Macro-prudential surveillance Discussion\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:00\nSession 4 : The Islamic Financial Stability Forum An executive summary of the discussions Suggestions on how to achieve an effective and beneficial Forum moving forward Discussion\n\n\n15:00 – 16:00\nSession 5 : Emerging Issues in Financial Stability Consumer protection Financial inclusion Crisis management / threat to stability Discussion\n\n\n16:00 – 16:30\nCoffee Break\n\n\n16:30 – 17:00\nSession 6 : Concluding Remarks and Summary Moving Forward\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nMap to Sasana Kijang
URL:https://www.ifsb.org/event/eve00195-roundtable-on-the-islamic-financial-services-industry-stability-draft-report/
LOCATION:Sasana Kijang\, kuala lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20121212T143000
DTEND;TZID=UTC:20121212T160000
DTSTAMP:20260404T020637
CREATED:20121211T192222Z
LAST-MODIFIED:20231228T012716Z
UID:12041-1355322600-1355328000@www.ifsb.org
SUMMARY:6th Islamic Financial Stability Forum : Promoting Resilience and Stability of the Islamic Financial Services Industry: Strengthening Consumer Protection and Business Conduct
DESCRIPTION:The IFSB organised its 6th Islamic Financial Stability Forum (6th IFSF) on 12 December 2012\, in Saudi Arabia.\n\nThe 6th IFSF was held in conjunction with the 21st Council Meeting of the IFSB\, hosted by the Islamic Development Bank.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n12/12/2012\n14:30 – 14:40\nOpening Remarks H.E. Rasheed M. Al Maraj\, Governor\, Central Bank of Bahrain and Chairman of the IFSB\n\n\n14:40 – 15:40\nDeveloping A Platform for Consumer Protection in the Islamic Financial Services Industry Consumer protection in Islamic finance: A function of ethics and conduct Role of Sharī`ah Supervisory Boards in promoting ethics and good conduct in Islamic financial institutions Challenges in developing a strong regulatory framework for consumer protection in Islamic finance Strategies to improve consumer protection in Islamic finance Speaker: Dato’ Dr. Nik Ramlah Nik Mahmood\, Deputy Chief Executive\, Securities Commission Malaysia Discussants: 1. Mr. Simon Gray\, Director of Supervision and Head of Islamic Finance\, Dubai Financial Services Authority\, UAE 2. Prof. Dato’ Dr. Azmi Omar\, Director General\, IRTI-Islamic Development Bank Group\n\n\n15:40 – 16:00\nCoffee and Networking Break\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00191-6th-islamic-financial-stability-forum-promoting-resilience-and-stability-of-the-islamic-financial-services-industry-strengthening-consumer-protection-and-business-conduct/
LOCATION:Jeddah\, Jeddah\, Saudi Arabia\, Saudi Arabia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20121126T090000
DTEND;TZID=UTC:20121130T170000
DTSTAMP:20260404T020637
CREATED:20121125T192423Z
LAST-MODIFIED:20231228T012738Z
UID:12043-1353920400-1354294800@www.ifsb.org
SUMMARY:IFSB-FIS Workshops for Regulatory and Supervisory Authorities - Liquidity Risk Management and Stress Testing Standards
DESCRIPTION:The forthcoming 2012 IFSB-FIS Workshops\, which are catered for the Banking Regulators and Supervisors\, will focus on Risk Management issues in Institutions offering Islamic Financial Services (IIFS)\, with particular attention given to Liquidity Risk Management and Stress Testing arrangements for IIFS. The Workshops will cover the following IFSB Standards and Guiding Principles: • IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services. • IFSB-13: Guiding Principles on Stress Testing for Institutions offering Islamic Financial Services. Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n26/11/2012\nIFSB-FIS WORKSHOP DAY ONE\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:50\nOpening Remarks by the IFSB\n\n\n09:50 – 11:10\nSession 1 Islamic Finance: Concept and Contracts and Risk Implications for IIFS Overview of Prudential Issues in IIFS\n\n\n11:10 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) – Credit Risk & Supervisory Perspective – Equity Investment Risk & Supervisory Perspective – Operational Risk & Supervisory Perspective – Market Risk & Supervisory Perspective – Liquidity Risk & Supervisory Perspective – Rate of Return Risk & Supervisory Perspective\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:00\nSession 3 Case Studies – Case Studies on Risk Management\n\n\n15:00 – 15:30\nCoffee Break\n\n\n15:30 – 17:00\nSession 4 -Challenges in Liquidity Risk Management from Global Perspective and Implications for IIFS – Significance of liquidity risk management for financial institutions in post-crisis world -The regulatory response to global financial crisis – initiatives of global standard setters and supervisory authorities -Challenges in Liquidity Risk Managements by IIFS -The IFSB initiatives and publications on liquidity risk management of IIFS\n\n\nDay 2\n27/11/2012\nIFSB-FIS WORKSHOP DAY TWO\n\n\n09:30 – 11:10\nSession 1 Guiding Principles on Liquidity Risk Management of IIFS – Funding and Market Liquidity Risk – Necessary Conditions for an effective Liquidity Risk Management in IFSI – Governance Structure: Role of the Board of Directors and Senior Management – Identification of Liquidity Risk – Interactions of Liquidity Risk and Implications of Islamic Financing Contracts Case Study – 1: Liquidity Risk and Financial Distress in an Islamic investment company\n\n\n11:10 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 Guiding Principles on Liquidity Risk Management of IIFS – Measurement of Liquidity Risk – Diversification of the Funding Base – Consolidated Management of Liquidity Risk – Maintaining High-Quality Liquidity Buffer – Preparing a Contingency Funding Plan – Managing Sharī`ah-Compliant Collateral Case Study – 2: Shari’ah Compliant Alternatives to Repo Transactions – Some practices and initiatives\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:30\nSession 3 Guiding Principles on Liquidity Risk Management of IIFS – Managing Sharī`ah-Compliant Collateral & Collaboration between IIFS – Meeting Payment and Settlement System Obligations – Foreign Exchange Liquidity Risk – Reporting and Disclosure of Liquidity Risk Case Study – 2: Shari’ah Compliant Alternatives to Repo Transactions – Some practices and initiatives Case Study – 3: Insolvency of an IIFS – Management and Supervision of Liquidity Risk\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:00\nSession 4 Guiding Principles Liquidity Risk Management for Supervisory Authorities – Responsibility for Supervision of Liquidity Risk & Need for Supervisory Regulations – Supervisors’ Role as Provider of Liquidity Support – Supervision of Liquidity Risk at Consolidated Level Case Study – 4: Supervisory arrangements for Shari’ah compliant Lender of Last Resort and other Liquidity Support to IIFS Experience sharing by Central Bank of Sudan: Instruments and Mechanisms for Liquidity Management of IIFS in Sudan\n\n\nDay 3\n28/11/2012\nIFSB-FIS WORKSHOP DAY THREE\n\n\n09:30 – 11:00\nSession 1 Guiding Principles Liquidity Risk Management for Supervisory Authorities – Home-Host and Cross-Sector Supervision of Liquidity Risk – Contingency Planning – Supervisors’ Role in the Development of Liquidity Infrastructure Group Discussion – 2: Resolution of Issues in the Management of LCR by the IIFS Experience sharing by Central Bank of Bahrain: Regulatory Framework and Central Bank Tools for Supervision\, Monitoring and Support of Liquidity for the IIFS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 Understanding Stress Testing for Financial Institutions – Stress testing as a risk Management tool – Stress Testing and Global financial crisis – International Guidance on Stress Testing and Gap Analysis – Necessary Conditions For An Effective Stress Testing Regime – IFSB Comprehensive Stress Testing Framework for IIFS\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:00\nSession 3 Issues and Challenges in Conducting Stress Testing: IMF Perspective – Key Issues in Stress Testing for financial institutions and their supervisors – Overcoming challenges in various stages of Stress Testing – Stress Testing and Financial Stability Perspective – Recent EU and USA Stress Testing Key Results & Implications\n\n\n15:00 – 15:30\nCoffee Break\n\n\n15:30 – 17:00\nSession 4 Guiding Principles on Stress Testing for IIFS – Governance Aspects of the Stress Testing Framework – Identification of Risk Factors and Coverage of Scenarios – Specific Elements of IIFS in Stress Testing – Stress Testing Methodologies FSAP and Stress Testing\n\n\nDay 4\n29/11/2012\nIFSB-FIS WORKSHOP DAY FOUR\n\n\n09:30 – 11:00\nSession 1 Guiding Principles on Stress Testing for IIFS (Cont’d) – Stress Testing Methodologies – Frequency of Stress Testing – Outputs of Stress Testing and Remedial Actions – Disclosure of the Stress Testing Programme\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 Live Simulations and exercises on: – How to conduct “Micro level (or IIFS level) Stress Testing” – Factors and scenarios to consider for Micro Stress Testing – Exercises/Case Studies on Stress Testing for Selected IIFS – Different IIFS’ portfolios related Stress Testing – Capital Requirements Stress Testing – Credit risk related Stress Testing – Liquidity (i.e. funding and/or market liquidity) Risk Related Stress Testing – Shari’ah non-compliance Stress Testing under Operational Risk – Profitability related Stress Testing\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 15:30\nSession 3 Guiding Principles on Stress Testing for Supervisory Authorities – Regular and Comprehensive Assessments of IIFS’ Stress Testing – Supervisory Evaluation of an IIFS’s Stress Testing Methodology – Designing and Implementing System-Wide Stress Tests and Frequencies – Corrective Actions & Regular Supervisory Dialogue with IIFS and the Industry – Cross-border Issues and Home-Host Coordination – Stress Testing Reporting Disclosures and Format\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:00\nSession 4 Live Simulations and Exercises on: – How to Conduct “Micro level (or IIFS level) Stress Testing” – How to Conduct “Macro-level (or system-wide) Supervisory Stress Testing – Factors and Scenarios to Consider for Micro and Macro-level Stress Testing – Limitations of Supervisory Corrective Actions\n\n\nDay 5\n30/11/2012\nIFSB-FIS WORKSHOP DAY FIVE\n\n\n09:30 – 11:30\nSession 1 – Financial Sector Assessment Programme – FSAP by World Bank-IMF – Experience Sharing by IFSB Member Country – Open Discussion and Dialogue on IFSB Moving forward of Stress Testing\n\n\n11:30 – 11:45\nCoffee Break\n\n\n11:45 – 12:15\nClosing Ceremony\n\n\n12:15 – 13:30\nLunch & Jumma Prayer\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00188-ifsb-fis-workshops-for-regulatory-and-supervisory-authorities-liquidity-risk-management-and-stress-testing-standards/
LOCATION:Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20121120T090000
DTEND;TZID=UTC:20121121T173000
DTSTAMP:20260404T020637
CREATED:20121119T192652Z
LAST-MODIFIED:20231228T015649Z
UID:12045-1353402000-1353519000@www.ifsb.org
SUMMARY:Regional Islamic Finance Forum: Future Prospects
DESCRIPTION:This IFSB Seminar is co-organised with The World Bank and the Central Bank of Egypt. More information shall be uploaded in due course. Please email ifsb_sec@ifsb.org should you wish to register your interest to participate.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n20/11/2012\n09:00 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening and Keynote Session\n\n\n10:30 – 11:00\nCoffee break and Networking\n\n\n11:00 – 12:30\nSession 1 – Overview and Opportunities of the Islamic Financial Services Industry In the early phases of its development\, Islamic finance was essentially domestic-centric\, focusing on retail financing\, trade financing and the financing of other commercial business activities. This has changed following the drive of nations to diversify the domestic financial infrastructure so as to avoid the over-dependence on the banking sector as well as to keep up with the trend towards greater liberalisation of the financial system. These factors have spurred the development of the Islamic finance and its greater integration into the international financial system. It will also give a current overview of Islamic finance\, its potentials and opportunities.\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:30\nSession 2 – Overview of Regulatory\, Legal and Operational Issues in Islamic Finance The session will highlight various operational issues faced by the Islamic financial services industry (IFSI) and factors that determine the scope of activities that they offer within the stipulated regulatory and legal environment. The speakers are expected to share their experience in managing these issues and suggest possible options to address them\n\n\n15:30 – 17:00\nSession 3 – Country Experiences in Establishing Islamic Financial Services Any country which plans to establish Islamic financial services will benefit from this session as the speakers will discuss the challenges they encountered during the initial phases of introducing Islamic financial services\, and how they balanced their role as the supervisor and the developer of Islamic finance. Key issues related to changes to taxation laws\, property laws and trust laws and how they have been able to expedite the development of Islamic finance industry\, particularly on issuances of Sukūk\, will be the key topics highlighted.\n\n\n17:00 – 17:30\nCoffee break and Networking\n\n\nDay 2\n21/11/2012\n09:30 – 11:00\nSession 4 – Exploring Sharī`ah Concepts in Financial Inclusion to Support Growth of the Economy Sharī`ah is the key pillar from which Islamic finance derives its unique characteristics. The Sharī`ah injunctions require that Islamic financial transactions be accompanied by an underlying productive activity or asset. In the wake of the global financial crisis\, developing economies now need to develop strategies that effectively align the financial sector and the productivity level in the real economy. This session will concurrently discuss the role of microfinance and the financing of real estate and small and medium enterprises in this regard. Concurrent session 1: Microfinance Concurrent session 2: Housing and Real Estate Finance Concurrent session 3: Financing for Small and Medium Enterprises\n\n\n11:00 – 11:30\nCoffee break and Networking\n\n\n11:30 – 13:00\nSession 5 – Creating an Enabling Environment for Islamic Finance: Sharing Experiences and Lessons Learnt The future of Islamic finance will require closer regional and international inter-linkages. Supervisory authorities will find this session beneficial as the panelists from the international intergovernmental organizations will share their experiences and lessons learned in creating a conducive global environment that aims to support the development of the Islamic financial services industry. Critical infrastructure issues related to capacity building and liquidity infrastructure framework will be discussed.\n\n\n13:00 – 13:30\nClosing Session\n\n\n13:30 – 14:30\nLunch ( End of Seminar)\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00186-regional-islamic-finance-forum-future-prospects/
LOCATION:Marriot Cairo Hotel\, 16 Saray El Gezira\, Zamalek\, Cairo\, Egypt\, Cairo
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20121119T090000
DTEND;TZID=UTC:20121121T163000
DTSTAMP:20260404T020637
CREATED:20121118T192901Z
LAST-MODIFIED:20231228T015657Z
UID:12047-1353315600-1353515400@www.ifsb.org
SUMMARY:IFSB-FIS Workshops on Islamic Capital Markets
DESCRIPTION:The Workshops are hosted by the Emirates Securities & Commodities Authority Participation is BY INVITATION only. For more information on the Workshops\, please email Mrs. Azizakhon Yarlaeva at aziza@ifsb.org\n\n Programme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n19/11/2012\nIFSB-FIS WORKSHOP DAY ONE\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Opening Remarks by the IFSB\n\n\n09:45 – 11:15\nIntroduction to Islamic Capital Market – Concept of Islamic Finance – Products of Islamic Capital Market – Issues in Islamic Capital Market\n\n\n11:15 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nGovernance for Islamic Collective Investment Schemes – Definition of ICIS – General Governance Approach of ICIS – Transparency and Disclosure\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 16:00\nGovernance for Islamic Collective Investment Schemes (Cont’d and Case Studies) – Compliance with Shari’ah Rules and Principles – Additional Protection for ICIS Investors – Case Studies\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 2\n20/11/2012\nIFSB-FIS WORKSHOP DAY TWO\n\n\n09:30 – 11:00\nPrudential Issues for Sukuk Instruments – Sukuk Structures – Collateral Security Structures – Risks in Securitization Structures – Operational Requirements Pertaining to Sukuk and Securitizations\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nPrudential Issues for Sukuk Instruments (Cont’d and Case Studies) – Credit Risk Mitigation for Securitization Exposures – Credit Enhancement for Shari’ah Compliant Securitizations – Case Studies\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 16:00\nPanel Discussion: Issues and Challenges in the Development of Islamic Capital Market Speakers: – Representative from IFSB – Representative from SCA\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 3\n21/11/2012\nIFSB-FIS WORKSHOP DAY THREE\n\n\n09:30 – 11:00\nConduct of Business – Islamic Perspective on Conduct of Business – Conduct of Business and Financial Stability – IFSB Recommendations on Conduct of Business\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nShari’ah Governance System – General Governance Approach to Shari’ah Governance System – Requirements on Shari’ah Governance System\n\n\n13:00 – 14:00\nLunch & Prayer\n\n\n14:00 – 16:00\nShari’ah Governance System – Case Studies – Experience Sharing by Central Bank of Jordan\n\n\n16:00 – 16:30\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nSurvey Soft Copy – IPICM
URL:https://www.ifsb.org/event/eve00189-ifsb-fis-workshops-on-islamic-capital-markets/
LOCATION:Umm Al Ramool Area – Securities & Commodities Authority Building\, Dubai\, United Arab Emirates
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20120918T083000
DTEND;TZID=UTC:20120918T173000
DTSTAMP:20260404T020637
CREATED:20120917T193237Z
LAST-MODIFIED:20231228T015716Z
UID:12050-1347957000-1347989400@www.ifsb.org
SUMMARY:Roundtable on Disclosure Requirements for Islamic Capital Market Products
DESCRIPTION:This IFSB is co-organising this Roundtable with the International Organization of Securities Commission (IOSCO). The Securities Commission of Malaysia is hosting the Roundtable. Participation is BY INVITATION only.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n18/09/2012\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nOpening and Welcoming Addresses\n\n\n09:30 – 10:00\nSession 1: Comparative Evaluation of Regulatory and Best Practices on Disclosure of Islamic Capital Market Products (ICM) Benefits of global harmonisation of disclosure standards relating to ICM Diagnostics of the current regulatory and best practices adopted by different jurisdictions in relation to disclosure of Islamic capital market (ICM) products. General analysis of issues/potential issues affecting the development of ICM as a result of non-standardisation of disclosure requirements e.g. legal\, Sharī`ah and governance issues Suggestions for approaches to dealing with all relevant issues which can support effective role of standard setting bodies\, role of capital market authorities\, industry associations and capital market participants.\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 11:00\nSession 2: Issues Arising from Inadequate Disclosure Requirement for Islamic Capital Market Products Potential legal and regulatory issues arising from inadequate disclosure of ICM products: Impact on investor protection and the development of the Islamic capital market industry. Analysis on the level of transparency pertaining to Sharī`ah compliance: Ex-ante and ex-post Sharī`ah compliance processes. Analysis of the gaps in the existing disclosure-related standards issued by international standard setters e.g. addressing the types of disclosures for (i) Sukūk\, and (ii) Collective Investment Scheme on matters such as composition of Sharī`ah advisors\, pronouncements on Sharī`ah compliance\, basis of decision and the analysis of the gaps are and the role of rating agencies in promoting greater disclosure of Sukūk. Disclosure of emerging risks in relation to ICM products and the role of issuers\, advisors and auditors in addressing these risks.\n\n\n11:00 – 12:00\nCommentaries from Discussants\n\n\n12:00 – 12:30\nQuestions & Answers\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 14:30\nSession 3: The Importance of Strong Disclosure Regime in Facilitating Cross-border Activity and Development of Islamic Capital Market Products and Services Greater cross-border collaboration e.g. through multilateral arrangements for the development of Islamic capital markets. General analysis of disclosure related issues affecting crossborder investments e.g. the need for international standards on disclosure of Sharī`ah screening process\, mechanisms for treatment of tainted income etc. The pros and cons of having a standardised documentation for key contracts used in Islamic capital markets e.g. Standard Wakalah Agreement etc. Benefits of common accounting standards on disclosure for cross-border offerings of ICM products.\n\n\n14:30 – 15:30\nCommentaries from Dicussants\n\n\n15:30 – 16:00\nQuestions & Answers\n\n\n16:00 – 16:30\nCoffee Break\n\n\n16:30 – 17:30\nConcluding Remarks and Summary of Roundtable\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00190-roundtable-on-disclosure-requirements-for-islamic-capital-market-products/
LOCATION:Securities Commission Malaysia\, Persiaran Bukit Kiara\, Kuala Lumpur\, kuala lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20120906T084500
DTEND;TZID=UTC:20120907T210000
DTSTAMP:20260404T020637
CREATED:20120905T193532Z
LAST-MODIFIED:20231228T015724Z
UID:12053-1346921100-1347051600@www.ifsb.org
SUMMARY:Seminar on the Role of Islamic Finance in the Development of Africa
DESCRIPTION:This IFSB Seminar is hosted by the Bank of Mauritius. Should you be interested to participate\, please email your details to yazmin@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n05/09/2012\nPRE-SEMINAR WORKSHOP ON INTRODUCTION TO ISLAMIC FINANCE AND THE IFSB STANDARDS\n\n\n08:45 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Remarks\n\n\n09:45 – 11:00\nSession 1: Concept and Structure of Islamic Finance Contracts and Products Question and Answer\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 12:45\nSession 2: Risk Management for Institutions offering Islamic Financial Services Question and Answer\n\n\n12:45 – 14:00\nLunch and Prayer\n\n\n14:00 – 15:15\nSession 3: Overview of the IFSB Standards and Guiding Principles for Governance (Corporate and Sharī`ah) Question and Answer\n\n\n15:15 – 15:45\nCoffee Break\n\n\n15:45 – 17:00\nSession 4: Case Studies (Sukūk Structure) Question and Answer\n\n\n19:00 – 21:00\nWelcome Dinner – Hosted by Bank of Mauritius Venue : The Island\, The Intercontinental Mauritius Resort\n\n\nDay 2\n06/09/2012\nSEMINAR ON THE ROLE OF ISLAMIC FINANCE IN THE DEVELOPMENT OF AFRICA (DAY-1)\n\n\n08:45 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening and Keynote Session\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:00\nSession 1: Overview on the Development of Islamic Financial Services Industry: Banking\, Capital Markets and Takāful International developments of the Islamic financial services industry in the various sectors Globalisation of Islamic Finance: What would be the target market in the next decade? Islamic Finance and the African Continent\n\n\n12:00 – 13:15\nSession 2: Developing the Necessary Infrastructure for Islamic Financial Services in New Markets: Lessons to be learned Regulatory and prudential framework Legal and tax regime Human capital development\n\n\n13:15 – 14:45\nLunch and Prayer\n\n\n14:45 – 16:00\nSession 3: Prospects for Islamic Financial Services and Products in the New and Emerging Markets Islamic banks Takāful Capital markets\n\n\n16:00 – 17:15\nSession 4: Structuring Sukūk for New Markets: Areas that need to be Addressed (Regulatory and Market Perspectives) Understanding the principal features of Sukūk How are the Islamic financial institutions Structuring Sukūk: Legal documentation and Sharī`ah aspects Regulatory framework for Sukūk transactions\n\n\n17:15 – 17:45\nCoffee Break and End of Day 1\n\n\nDay 3\n07/09/2012\nSEMINAR ON THE ROLE OF ISLAMIC FINANCE IN THE DEVELOPMENT OF AFRICA (DAY-2)\n\n\n09:30 – 11:00\nSession 5: Islamic Microfinance in Africa: Achievements and Challenges Islamic microfinance product and features The role of Islamic microfinance in development and poverty alleviation Selected case studies on country experiences\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Panel Discussion on Opening a New Gateway into Africa: Linking Mauritius with African Economic Development through Islamic Finance Managing the investment and financing of the African infrastructural sector through Islamic finance Challenges in bringing Islamic financial services to the forefront How the Mauritius financial services sector can enhance the role of Islamic finance and meet the needs of the African region\n\n\n13:00 – 14:00\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nOther Hotels in Mauritius – Information\n\n\n3.)\n\nThe Intercontinental Mauritius Resort – Hotel Reservation Form
URL:https://www.ifsb.org/event/eve00174-seminar-on-the-role-of-islamic-finance-in-the-development-of-africa/
LOCATION:Hibiscus Ballroom\, The Intercontinental Mauritius Resort\, Mauritius
CATEGORIES:Awareness Programme
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END:VEVENT
END:VCALENDAR