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X-WR-CALDESC:Events for Islamic Financial Services Board
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DTSTART:20200101T000000
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BEGIN:VEVENT
DTSTART;TZID=UTC:20210318T163000
DTEND;TZID=UTC:20210318T183000
DTSTAMP:20260404T050137
CREATED:20210317T160001Z
LAST-MODIFIED:20231228T020716Z
UID:4665-1616085000-1616092200@www.ifsb.org
SUMMARY:IFSB-FIS E-Workshop Series - IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukuk and ICIS)
DESCRIPTION:Date: Thursday\, 18 March 2021\nTime: 4:30 – 6:30 (MYT)\nSector: Islamic Capital Market\nTopic: IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukuk and ICIS)\n\nOverview\n\nSukuk is one of the fastest growing segment of Islamic capital market (ICM) and attracts global investors due to its unique structure and features.\n\nWith this e-workshop session\, IFSB Secretariat would like to bring an understanding on sukuk as an ICM instrument and its Shariah related requirements\, as well as highlight the importance of adequate information which enables investors to make informed decisions\, especially in Shariah-related areas.\n\nMoreover\, facilitator at this session will provide core principles of sukuk disclosures as a basis of sound regulation in order to develop ICM at greater levels of integrity and transparency.\n\n \n***REGISTRATION IS OPEN FOR MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00483-ifsb-fis-e-workshop-series-ifsb-19-guiding-principles-on-disclosure-requirements-for-icm-products-sukuk-and-icis/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210331
DTEND;VALUE=DATE:20210401
DTSTAMP:20260404T050137
CREATED:20210330T160058Z
LAST-MODIFIED:20231228T020709Z
UID:4652-1617148800-1617235199@www.ifsb.org
SUMMARY:5th Joint Working Group Meeting on the Revised Shariah Governance Framework Standard
DESCRIPTION:The 5th Joint Working Group Meeting on Revised Shari’ah Governance Framework Standard is scheduled to be held as follow :\n\n \n\n\n\nDate\n31 March 2021 (Wednesday)\n\n\nTime\n3.30 PM (GMT +8.00\, KL time)\n\n\nVenue\nOnline (web conference)\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: fadhila@ifsb.org\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00485-5th-joint-working-group-meeting-on-the-revised-shariah-governance-framework-standard/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00485-1-1-e1697601790144.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Asia/Kuala_Lumpur:20210407T153000
DTEND;TZID=Asia/Kuala_Lumpur:20210407T200000
DTSTAMP:20260404T050137
CREATED:20210406T160010Z
LAST-MODIFIED:20231228T014640Z
UID:4637-1617809400-1617825600@www.ifsb.org
SUMMARY:53rd Meeting of the Technical Committee of the IFSB (Online)
DESCRIPTION:The 53rd Meeting of the Technical Committee of the IFSB is scheduled to be held online as follows:\n\n \n\n\n\nDate\n7 April 2021\, Wednesday\n\n\nTime\n15:30 – 20:00 (Kuala Lumpur Time\, GMT +8)\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: khairun.nissa@ifsb.org\n\n \n\nEvent Snapshots
URL:https://www.ifsb.org/event/eve00484-53rd-meeting-of-the-technical-committee-of-the-ifsb-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00484-5-e1697601477329.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Asia/Kuala_Lumpur:20210412T143000
DTEND;TZID=Asia/Kuala_Lumpur:20210412T180000
DTSTAMP:20260404T050137
CREATED:20210411T160028Z
LAST-MODIFIED:20231228T014634Z
UID:4634-1618237800-1618250400@www.ifsb.org
SUMMARY:15th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators - PSIFIs (Online)
DESCRIPTION:The 15th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held via online as follows:\n\n \n\n\n\nDate\n12 April 2021 (Monday)\n\n\nTime\n2:30 pm – 6:00 pm (GMT +8.00\, Kuala Lumpur Time)\n\n\n\n \n\n \n\nParticipation in the meeting is by INVITATION only. The meeting link will be provided to Task Force members via email. For more information\, please email to khairun.nissa@ifsb.org
URL:https://www.ifsb.org/event/eve00487-15th-meeting-of-the-task-force-on-prudential-and-structural-islamic-financial-indicators-psifis-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210422
DTEND;VALUE=DATE:20210423
DTSTAMP:20260404T050137
CREATED:20210421T160013Z
LAST-MODIFIED:20231227T090734Z
UID:4628-1619049600-1619135999@www.ifsb.org
SUMMARY:2nd Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools
DESCRIPTION:The 2nd Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools is scheduled to be held as follow :\n\n \n\n\n\nDate\n22 April 2021\n\n\nTime\n3.00 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to fadhila@ifsb.org.\n\n \n\nEvent Snapshots\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00488-2nd-task-force-meeting-of-technical-note-on-shariah-compliant-liquidity-management-tools/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00488-1-1-e1698138149963.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Asia/Kuala_Lumpur:20210426T150000
DTEND;TZID=Asia/Kuala_Lumpur:20210426T183000
DTSTAMP:20260404T050137
CREATED:20210425T160056Z
LAST-MODIFIED:20231227T090723Z
UID:4626-1619449200-1619461800@www.ifsb.org
SUMMARY:5th Meeting of the Executive Committee of the IFSB (Online)
DESCRIPTION:The 5th Meeting of the Executive Committee of the IFSB is scheduled to be held online as follows:\n\n \n\n\n\nDate\n26 April 2021\, Monday\n\n\nTime\n15:00 – 18:30 (Kuala Lumpur Time\, GMT +8)\n\n\n\n \n\nParticipation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org
URL:https://www.ifsb.org/event/eve00481-5th-meeting-of-the-executive-committee-of-the-ifsb-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20210525T093000
DTEND;TZID=UTC:20210525T234500
DTSTAMP:20260404T050137
CREATED:20210524T160006Z
LAST-MODIFIED:20231227T090716Z
UID:4619-1621935000-1621986300@www.ifsb.org
SUMMARY:12th IFSB Public Lecture on Financial Policy and Stability
DESCRIPTION:Programme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n25/05/2021\n09:30 – 09:45\nWelcoming and Opening Remarks\n Dr. Bello Lawal Danbatta\, Secretary-General\, IFSB \n\n\n\n09:45 – 10:30\nPublic Lecture 1: Current and Post-Pandemic Financial System Stability Challenges: The Way Ahead\nSpeaker: Dr. Tobias Adrian\, Financial Counsellor and Director of the Monetary and Capital Markets Department – International Monetary Fund \n\n\n\nThe COVID-19 pandemic has resulted in economic and financial downturns and market turmoil affecting almost every country around the globe in 2020. To alleviate economic pressures\, governments adopted various economic and financial policy measures such as tax relief\, postponing loan/financing interest/profit payments\, special liquidity to labour-intensive sectors (SMEs\, etc) and easing macroprudential and microprudential indicators to maintain financial system stability. The effects of the pandemic seem to continue into 2021\, as some countries struggle while others show slight indications of economic recovery. Overall\, the majority of countries are continuing their efforts to stimulate the economy and contain the pandemic\, through the rollout of vaccination programmes\, strict health protocols and increasing health facilities. Fortunately\, financial system stability as shown by the improved financial market activities\, banking and nonbank performance and investors’ investment activities indicates positive recovery. Amongst the lessons learnt from the pandemic are integrated and coordinated economic and financial policies among authorities; digital transformation and financial technology; more social\, health and welfare-oriented economic and financial activities. Banks and financial systems as a whole are witnessing transformation to become more agile and adaptive towards sustainable practices. Some issues to be stressed and elaborated on are:\n\n(1) How much has the pandemic transformed the current economic and financial system?\n(2) How to maintain economic and financial system stability and what policies are more likely to remain in the post-pandemic era and beyond?\n(3) What are shifting paradigms occurred or need to occur to maintain economic and financial stability?\n(4) What will be the roles of authorities in post-pandemic era and beyond?\n\n\n\n\n10:30 – 11:00\nBreak\n\n\n11:00 – 11:45\nPublic Lecture 2: Islamic Financial System Stability: Post Pandemic Impacts and Way Ahead\n\nSpeakers:\nDr. Zamir Iqbal\, Vice President\, Finance\, Islamic Development Bank\nProfessor Dr. Asad Zaman\, Director General International\, Institute of Islamic Economics. International Islamic University Islamabad\n\n\nEconomic and financial pressures and instability resulting from the pandemic have transformed economic and financial transactions. Electronic contracts and financial agreements\, electronic transactions (e-banking\, e-sukuk\, e-money\, etc)\, financial technology (less physical interactions) and digital currencies have seen wider use in the business and financial markets.    \n \n\nDue to massive development of start-up companies\, various social media and digital-based transactions have created new ways of collecting\, investing and managing both commercial and social funds. Securities crowdfunding\, e-payment of zakah\, waqf\, including their distribution via virtual platforms\, may lead to potential Sharīʻah risks. These phenomena vividly impact the global Islamic financial system stability and can lead to the transformation of Islamic finance system to face post pandemic challenges and be more agile\, adaptive and innovative.  \n\n\nLately\, Islamic finance industry (banks\, capital market\, takaful) has changed its business model as well as technological adoption in which there are techno-based Islamic finance applications\, more social responsive Islamic finance transactions and including eco-friendly Islamic investment applied during and possibly post pandemic condition.    \n\n\nSome areas to be discussed:\n(1) How is the global Islamic financial (IF) system stability during and post pandemic? Is the policy flexibility in the pandemic caused the resilience of IF or \n(2) What are exit policies currently applied in most of jurisdictions to sustain the IF stability?  \n(3) What are lessons learnt from the pandemic to be responded and incorporated in the current IF practices?\n(4) What kinds of transformation required by IF to cope with the future economic and finance challenges?    \n\n\n11:45 – 11:45\nEnd of the Public Lecture
URL:https://www.ifsb.org/event/eve00489-12th-ifsb-public-lecture-on-financial-policy-and-stability/
LOCATION:Virtual
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210609
DTEND;VALUE=DATE:20210610
DTSTAMP:20260404T050137
CREATED:20210905T160020Z
LAST-MODIFIED:20231227T090443Z
UID:4606-1623196800-1623283199@www.ifsb.org
SUMMARY:IFSB Virtual Annual Meetings 2021: 38th Council Meeting and 19th General Assembly
DESCRIPTION:The Secretariat is pleased to announce that the IFSB Annual Meetings 2021: 38th Council Meeting and 19th General Assembly will be held in a virtual format on Wednesday\, 9 June 2021. The meetings will be chaired by H.E. Abdulhamid Saeed\, Governor of the Central Bank of the United Arab Emirates and Chairman of the IFSB for 2021.\n\nParticipation is by invitation only. For participation enquiries and registration for the 38th Meeting of the Council and 19th General Assembly\, please email to Ms. Nissa at khairun.nissa@ifsb.org\n\n\nThe IFSB and the Central Bank of the United Arab Emirates look forward to the participation of the IFSB members in the virtual meetings.\nEvent Snapshots
URL:https://www.ifsb.org/event/eve00479-ifsb-virtual-annual-meetings-2021-38th-council-meeting-and-19th-general-assembly/
LOCATION:Online
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00479-1.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20210610T163000
DTEND;TZID=UTC:20210610T183000
DTSTAMP:20260404T050137
CREATED:20210609T160050Z
LAST-MODIFIED:20231227T090707Z
UID:4602-1623342600-1623349800@www.ifsb.org
SUMMARY:IFSB-FIS E-Workshop Series - IFSB-22: Disclosures to Promote Transparency and Market Discipline
DESCRIPTION:            All IFSB Members\n \nDate:    Thursday\, 10 June 2021\nTime:    4:30 – 6:30 Kuala Lumpur Time\nSector:    Islamic Banking\nTopics:    IFSB-22: Disclosures to Promote Transparency and Market Discipline\n\nMarket discipline has long been recognised as a key objective of financial sector regulation by the international standard-setting bodies and regulatory and supervisory authorities (RSAs). The provision of meaningful information about key risk metrics to market participants is a fundamental tenet of a sound banking system. It reduces information asymmetry and helps promote comparability of banks’ risk profiles and product offerings within and across jurisdictions.\n\nIFSB-22 – Revised Standard on Disclosures to Promote Transparency and Market Discipline for IIFS\, for its part\, considers disclosure-aspects relevant to consumer protection and sets key principles and practices to be followed by IIFS in the banking sector in making disclosures\, with a view to achieving transparency and promoting market discipline in regard to these institutions.\n\nWith this e-workshop session\, your IFSB facilitator will provide understanding on financial and risk disclosures\, including information related to the treatment of investment accounts and Islamic windows. The session will also give clarity on Shariah governance and general governance disclosures.\n\n \n  ***REGISTRATION IS OPEN FOR MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00490-ifsb-fis-e-workshop-series-ifsb-22-disclosures-to-promote-transparency-and-market-discipline/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, 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:20210623T163000
DTEND;TZID=UTC:20210623T180000
DTSTAMP:20260404T050137
CREATED:20210622T160046Z
LAST-MODIFIED:20231227T090656Z
UID:4600-1624465800-1624471200@www.ifsb.org
SUMMARY:IFSB-12: Liquidity Risk Management (Guiding Principles for IIFS)
DESCRIPTION: All IFSB Members \nDate: Wednesday\, 23 June 2021 \nTime: 4:30 – 6:30 Kuala Lumpur Time \nSector: Islamic Banking \nTopics: IFSB-12: Liquidity Risk Management (Guiding Principles for IIFS) \nEffective liquidity risk management is crucial for any financial institutions. Different types of external events\, financial upheavals and market developments have increased the complexity of liquidity risk management process and its requirements. It has become even more challenging for Institutions offering Islamic Financial Services (IIFS). \n IFSB-22 Guiding Principles on Liquidity Risk Management for IIFS standard sets out principles for the robust management of liquidity risk by IIFS\, including its vigorous supervision and monitoring by the supervisory authorities. Besides providing guidance on prudential aspects related to liquidity risk management in IIFS\, this document outlines necessary elements of effective liquidity risk management in the Islamic financial services industry. \nWithin this session your facilitator will cover the main steps of the liquidity risk management process taking into consideration the specificities of the IIFS\, as well as liquidity risk’s interactions and implications of Islamic financing contracts. The role of Board of Directors and Senior Management will also be addressed in establishing responsibilities for liquidity risk management oversight and executing the liquidity risk management strategy. \nThe presentation will be followed by the Case study and Q&A session. \n***REGISTRATION IS OPEN FOR MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00492-ifsb-12-liquidity-risk-management-guiding-principles-for-iifs/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, 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:20210624T163000
DTEND;TZID=UTC:20210624T220000
DTSTAMP:20260404T050137
CREATED:20210623T160012Z
LAST-MODIFIED:20231227T090636Z
UID:4584-1624552200-1624572000@www.ifsb.org
SUMMARY:Joint IFSB-SEC Nigeria Seminar on Islamic Capital Market
DESCRIPTION:COVID 19: INVESTOR PROTECTION AND TRANSPARENCY IN ISLAMIC CAPITAL MARKET \nThe pandemic has unexceptionally affected all economic and financial sectors globally\, including the Islamic financial services sector.  Given the ongoing uncertainty created by the pandemic and the potential risks it poses for economic growth and financial stability\, protecting investors against possible market failures\, as well as enhancing transparency and information available to investors are essential in regaining investor trust and confidence in the Islamic capital markets\, which is in turn\, crucial to prevent any deterioration of market conditions. \nMany market failures directly impact investors\, including asymmetry of information\, agency problems or detrimental conflicts of interest. They may affect the functioning of the market and contribute to the perception that capital markets are an unsafe environment. Thus\, it is imperative for policy makers and regulators to address these issues through regulatory intervention\, in order to rebuild investor confidence during volatile market conditions and to effectively address possible market failures that could impact the level of protection of investors. Better protected investors are also likely to make more informed investment decisions and be less prone to react irrationally to market events or follow “herd behavior” which are disruptive for financial markets and the economy as a whole. Thus\, transparency and investor protection can be seen as factors that ultimately contribute to the stability of financial markets. \nThe seminar therefore aims to increase awareness of the importance of investor protection and transparency in fostering investor confidence and ultimately the sustainability and stability of the Islamic capital markets and to provide a platform to discuss critical policy issues arising in the context of the current global financial environment. \nObjectives \nThe seminars’ main objectives are to: \n\n\n 	Address Islamic finance-specific issues in relation to investor protection.\n 	Discuss best practices for investor protection in the ICM and the elements of a robust investor protection framework.\n 	Highlight best practices and guidelines on disclosure requirements for ICM products\, specifically for ṣukūk and Islamic collective investment schemes (ICIS).\n 	Identify issues arising from the current global environment\, and share policy actions taken by various regulators and policy makers to address emerging challenges and issues.\n\nProgramme Outcome \nAt the end of the seminar\, participants will have a comprehensive understanding on investor protection and disclosure requirements to strengthen investor confidence and improve financial market performance. The seminar will be structured around guidance from IFSB standards\, as well as experiences from the industry.  Participants will be able to takeaway insights on the various policy approaches and best practices in different jurisdictions to address new and emerging issues related to investor protection and transparency in light of the new global realities. \nProgramme Approach \n\n\n 	Interactive discussions on a wide array of issues on investor protection and transparency in the ICM\n 	Discussion on the best market practices and regulatory challenges\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\n24/06/2021\n16:30 – 16:45\nWelcoming Remarks (IFSB)\nDr. Bello Lawal Danbatta\, Secretary-General\, Islamic Financial Services Board \n\n\n\n16:45 – 17:00\nOpening Remarks (SEC Nigeria)\nMr. Lamido Yugaga\, Director General\, SEC Nigeria \n\n\n\n17:00 – 17:45\nSession 1: Overview of the Islamic Capital Markets in Nigeria\n\n 	Development and growth of the Islamic capital markets in Nigeria\n 	Islamic finance development\, products and issuances in Nigeria\n 	Regulatory developments and challenges\n 	COVID-19 and impact on the market\n\nPresenter: Mr. Abdulkadir Abbas\, Head of Department – Securities and Investment Services\, SEC Nigeria \n\n\n\n17:45 – 17:50\nShort Break\n\n\n17:50 – 18:30\nSession 2: Strengthening Investor Protection in the Islamic Capital Markets\n\n 	Overview of regulatory issues and the key principles of investor protection;\n 	Overview of the global Islamic capital markets and trends\n 	The role of product governance\, conduct of business requirements (including client assets\, best execution\, and conflicts of interest etc.)\, and good practices in relation to investor redress and investor education\, and;\n 	Emerging investor protection issues in the Islamic capital markets in the context of the current global environment\n\nPresenter: Ms. Aminath Amany Ahmed\, Member of the Secretariat\, Islamic Financial Services Board \n \n\n\n18:30 – 19:30\nAfternoon Break\n\n\n19:30 – 20:15\nSession 3: Enhancing Transparency in the Islamic Capital Market (Sukuk)\n\n 	Principles of transparency and disclosure for Sukuk and regulatory best practices\n 	Overview of key regulatory considerations and specificities of Sukuk\n 	Role of transparency and disclosure in protecting Sukuk investors\n 	Addressing emerging issues and challenges for Sukuk through better informed investors\n\nPresenter: Peter Casey\, Consultant\, Islamic Financial Services Board \n\n\n\n20:15 – 20:20\nShort Break\n\n\n20:20 – 21:05\nSession 4: Enhancing Transparency in the Islamic Capital Market (ICIS)\n\n 	Overview of key regulatory considerations and specificities of ICIS\n 	Principles of transparency and disclosure for ICIS and regulatory best practices\n 	Role of transparency and disclosure in protecting ICIS investors\n 	Addressing emerging issues and challenges for ICIS through better informed investors\n\nPresenter: Peter Casey\, Consultant\, Islamic Financial Services Board \n \n\n\n21:05 – 21:15\nShort Break\n\n\n21:15 – 22:00\nSession 5: Panel: Safeguarding investors in a challenging global environment\n\n 	Implications of the COVID-19 pandemic for the Islamic capital markets\n 	Policy actions taken by regulators to mitigate the impact of the pandemic\n 	Key investor protection issues arising from the unprecedented economic and financial market conditions and addressing these issues;\n 	Promoting investors’ confidence in an uncertain environment through greater market transparency\, assessment and information.\n 	Q&A on specific considerations and policy issues unique to the Islamic capital market and the way forward.\n\nPanelists: \nPeter Casey\, IFSB Consultant (Lead Panelist) \nMr. Abdulkadir Abbas\, Head of Department – Securities and Investment Services\, SEC Nigeria \nMrs. Hajara Adeola\, Managing Director\, Lotus Capital Limited \nMr. Hichem Bouqniss\, Execuitve Director\, International Islamic Liquidity Management Corporation
URL:https://www.ifsb.org/event/eve00494-joint-ifsb-sec-nigeria-seminar-on-islamic-capital-market/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00494-1.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20210630T133000
DTEND;TZID=UTC:20210630T180000
DTSTAMP:20260404T050137
CREATED:20210629T160040Z
LAST-MODIFIED:20231227T090627Z
UID:4581-1625059800-1625076000@www.ifsb.org
SUMMARY:Joint IFSB-CMA Kenya Seminar on Islamic Capital Market
DESCRIPTION:COVID 19: INVESTOR PROTECTION AND TRANSPARENCY IN ISLAMIC CAPITAL MARKET\n\nThe pandemic has unexceptionally affected all economic and financial sectors globally\, including the Islamic financial services sector.  Given the ongoing uncertainty created by the pandemic and the potential risks it poses for economic growth and financial stability\, protecting investors against possible market failures\, as well as enhancing transparency and information available to investors are essential in regaining investor trust and confidence in the Islamic capital markets\, which is in turn\, crucial to prevent any deterioration of market conditions.\n\nMany market failures directly impact investors\, including asymmetry of information\, agency problems or detrimental conflicts of interest. They may affect the functioning of the market and contribute to the perception that capital markets are an unsafe environment. Thus\, it is imperative for policy makers and regulators to address these issues through regulatory intervention\, in order to rebuild investor confidence during volatile market conditions and to effectively address possible market failures that could impact the level of protection of investors. Better protected investors are also likely to make more informed investment decisions and be less prone to react irrationally to market events or follow “herd behavior” which are disruptive for financial markets and the economy as a whole. Thus\, transparency and investor protection can be seen as factors that ultimately contribute to the stability of financial markets.\n\nThe seminar therefore aims to increase awareness of the importance of investor protection and transparency in fostering investor confidence and ultimately the sustainability and stability of the Islamic capital markets and to provide a platform to discuss critical policy issues arising in the context of the current global financial environment.\n\nObjectives\n\nThe seminars’ main objectives are to:\n\n 	Address Islamic finance-specific issues in relation to investor protection.\n 	Discuss best practices for investor protection in the ICM and the elements of a robust investor protection framework.\n 	Highlight best practices and guidelines on disclosure requirements for ICM products\, specifically for ṣukūk and Islamic collective investment schemes (ICIS).\n 	Identify issues arising from the current global environment\, and share policy actions taken by various regulators and policy makers to address emerging challenges and issues.\n\nProgramme Outcome\n\nAt the end of the seminar\, participants will have a comprehensive understanding on investor protection and disclosure requirements to strengthen investor confidence and improve financial market performance. The seminar will be structured around guidance from IFSB standards\, as well as experiences from the industry.  Participants will be able to takeaway insights on the various policy approaches and best practices in different jurisdictions to address new and emerging issues related to investor protection and transparency in light of the new global realities.\n\nProgramme Approach\n\n 	Interactive discussions on a wide array of issues on investor protection and transparency in the ICM\n 	Discussion on the best market practices and regulatory challenges\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n30/06/2021\n13:30 – 13:45\nWelcoming Remarks (IFSB)\nDr. Bello Lawal Danbatta\, Secretary-General\, Islamic Financial Services Board \n\n\n\n13:45 – 14:00\nOpening Remarks (CMA Kenya)\nMr. Wycliffe Shamiah\, Chief Executive Officer\, Capital Market Authority \n\n\n\n14:00 – 15:00\nSession 1: Introduction to the Islamic Capital Markets\n\n 	Development and growth of the Islamic capital markets in Nigeria\n 	Islamic finance development\, products and issuances in Nigeria\n 	Regulatory developments and challenges\n 	COVID-19 and impact on the market\n\nPresenter: Mr. Saad Rahman\, Deputy Chief Executive Officer\, Salaam Investment Bank Kenya (SIBK) \n\n\n\n15:00 – 15:15\nShort Break\n\n\n15:15 – 16:15\nSession 2: Strengthening Investor Protection in the Islamic Capital Markets\n\n 	Overview of the global Islamic capital markets and trends\n 	Overview of regulatory issues and the key principles of investor protection;\n 	The role of product governance\, conduct of business requirements (including client assets\, best execution\, and conflicts of interest etc.)\, and good practices in relation to investor redress and investor education\, and;\n 	Emerging investor protection issues in the Islamic capital markets in the context of the current global environment\n\n Presenter: Ms. Aminath Amany Ahmed\, Member of the Secretariat\, Islamic Financial Services Board \n \n\n\n\n16:15 – 16:30\nShort Break\n\n\n16:30 – 17:00\nSession 3: Enhancing Transparency in the Islamic Capital Market (Sukuk)\n\n 	Overview of key regulatory considerations and specificities of Sukuk\n 	Principles of transparency and disclosure for Sukuk and regulatory best practices\n 	Role of transparency and disclosure in protecting Sukuk investors\n 	Addressing emerging issues and challenges for Sukuk through better informed investors\n\nPresenter:  Peter Casey\, Consultant\, Islamic Financial Services Board \n \n\n\n17:00 – 17:15\nShort Break\n\n\n17:15 – 18:00\nSession 4: Panel: Safeguarding investors in a challenging global environment\n\n 	Implications of the COVID-19 pandemic for the Islamic capital markets\n 	Policy actions taken by regulators to mitigate the impact of the pandemic\n 	Key investor protection issues arising from the unprecedented economic and financial market conditions and addressing these issues;\n 	Promoting investors’ confidence in an uncertain environment through greater market transparency\, assessment and information.\n 	Q&A on specific considerations and policy issues unique to the Islamic capital market and the way forward.\n\nPanelists: \nPeter Casey\, IFSB Consultant (Lead Panelist) \nMr. Luke Ombara\, Policy and Market Development\, CMA Kenya \nMr. Saad Rahman\, Deputy Chief Executive Officer\, Salaam Investment Bank Kenya (SIBK)
URL:https://www.ifsb.org/event/eve00491-joint-ifsb-cma-kenya-seminar-on-islamic-capital-market/
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210701
DTEND;VALUE=DATE:20210702
DTSTAMP:20260404T050137
CREATED:20210630T160022Z
LAST-MODIFIED:20231227T090619Z
UID:4569-1625097600-1625183999@www.ifsb.org
SUMMARY:Joint IFSB-AIFC Seminar on Islamic Capital Market
DESCRIPTION:Programme Overview \nThe pandemic has unexceptionally affected all economic and financial sectors globally\, including the Islamic financial services sector.  Given the ongoing uncertainty created by the pandemic and the potential risks it poses for economic growth and financial stability\, protecting investors against possible market failures\, as well as enhancing transparency and information available to investors are essential in regaining investor trust and confidence in the Islamic capital markets\, which is in turn\, crucial to prevent any deterioration of market conditions. \nMany market failures directly impact investors\, including asymmetry of information\, agency problems or detrimental conflicts of interest. They may affect the functioning of the market and contribute to the perception that capital markets are an unsafe environment. Thus\, it is imperative for policy makers and regulators to address these issues through regulatory intervention\, in order to rebuild investor confidence during volatile market conditions and to effectively address possible market failures that could impact the level of protection of investors. Better protected investors are also likely to make more informed investment decisions and be less prone to react irrationally to market events or follow “herd behavior” which are disruptive for financial markets and the economy as a whole. Thus\, transparency and investor protection can be seen as factors that ultimately contribute to the stability of financial markets. \nThe seminars’ main objectives are to: \n\n\n 	 Address Islamic finance-specific issues in relation to investor protection.\n 	Discuss best practices for investor protection in the ICM and the elements of a robust investor protection framework.\n 	Highlight best practices and guidelines on disclosure requirements for ICM products\, specifically for ṣukūk and Islamic collective investment schemes (ICIS).\n 	Identify issues arising from the current global environment\, and share policy actions taken by various regulators and policy makers to address emerging challenges and issues.The seminar therefore aims to increase awareness of the importance of investor protection and transparency in fostering investor confidence and ultimately the sustainability and stability of the Islamic capital markets and to provide a platform to discuss critical policy issues arising in the context of the current global financial environment\n\nProgramme Outcome \nAt the end of the seminar\, participants will have a comprehensive understanding on investor protection and disclosure requirements to strengthen investor confidence and improve financial market performance. The seminar will be structured around guidance from IFSB standards\, as well as experiences from the industry.  Participants will be able to takeaway insights on the various policy approaches and best practices in different jurisdictions to address new and emerging issues related to investor protection and transparency in light of the new global realities. \nProgramme Approach \n\n\n 	Interactive discussions on a wide array of issues on investor protection and transparency in the ICM.\n 	Discussion on the best market practices and regulatory challenges.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n01/07/2021\n12:00 – 12:50\n\nSession 1: Strengthening Investor Protection in the Islamic Capital Markets \n\n\n 	Overview of the global Islamic capital markets and trends\n 	Overview of regulatory issues and the key principles of investor protection;\n 	The role of product governance\, conduct of business requirements (including client assets\, best execution\, and conflicts of interest etc.)\, and good practices in relation to investor redress and investor education\, and;\n 	Emerging investor protection issues in the Islamic capital markets in the context of the current global environment\n\nPresenter:  Aminath Amany Ahmed\, Member of the Secretariat\, Islamic Financial Services Board (IFSB) \n\n\n\n13:00 – 13:50\n\nSession 2: Enhancing Transparency in the Sukuk Market \n\n\n 	Overview of key regulatory considerations and specificities of Sukuk\n 	Principles of transparency and disclosure for Sukuk practices\n 	Role of transparency and disclosure in protecting Sukuk\n 	Addressing emerging issues and challenges for Sukuk through better informed investors\n\n Presenter:  Peter Casey\, IFSB Consultant  \n\n\n\n14:00 – 14:50\n\nSession 3: Enhancing Transparency in the Islamic Capital Market (ICIS) \n\n\n 	Overview of key regulatory considerations and specificities of ICIS\n 	Principles of transparency and disclosure for ICIS and regulatory best practices\n 	Role of transparency and disclosure in protecting ICIS investors\n 	Addressing emerging issues and challenges for ICIS through better informed investors\n\nPresenter: Peter Casey\, IFSB Consultant \n\n\n\n15:00 – 15:50\n\nQ&A – Safeguarding investors in a challenging global environment \n\n\n 	Implications of the COVID-19 pandemic for the Islamic capital markets\n 	Policy actions taken by regulators to mitigate the impact of the pandemic\n 	Key investor protection issues arising from the unprecedented economic and financial market conditions and addressing these issues;\n 	Promoting investors’ confidence in an uncertain environment through greater market transparency\, assessment and information.\n 	Q&A on specific considerations and policy issues unique to the Islamic capital market and the way forward.\n\nPanelists: \n\n\n 	Dr. Rifki Ismal\, Assistant Secretary-General of the IFSB\n 	Peter Casey\, IFSB Consultant\n 	Mr. Noraizat Shik Ahmad\, General Manager\, ICM Product Development\, Securities Commission Malaysia\n 	Mr. Akber Khan Senior Director\, Asset Management Group\, Al Rayan Investment\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00496-joint-ifsb-aifc-seminar-on-islamic-capital-market/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210713
DTEND;VALUE=DATE:20210714
DTSTAMP:20260404T050137
CREATED:20210712T160019Z
LAST-MODIFIED:20231227T090612Z
UID:4557-1626134400-1626220799@www.ifsb.org
SUMMARY:4th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings
DESCRIPTION:The 4th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings is scheduled to be held as follow :\n\n \n\n\n\nDate\n13 July 2021\n\n\nTime\n2.30 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to fadhila@ifsb.org.\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00495-4th-working-group-meeting-on-revised-solvency-requirements-for-takaful-retakaful-undertakings/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00495-1-1-e1698137798517.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20210715T163000
DTEND;TZID=UTC:20210715T183000
DTSTAMP:20260404T050137
CREATED:20210714T160047Z
LAST-MODIFIED:20231227T090602Z
UID:4549-1626366600-1626373800@www.ifsb.org
SUMMARY:GN-7: Guidance Note on Shari’ah-compliant Lender-Of-Last-Resort (SLOLR Facilities)
DESCRIPTION:ALL IFSB MEMBERS\nDate: Thursday\, 15 July 2021\nTime: 4:30 – 6:30 (Kuala Lumpur Time)\nSector: Islamic banking\nTopics: GN-7: Guidance Note on Shari’ah-compliant Lender-Of-Last-Resort (SLOLR Facilities) \n\nLiquidity availability and smooth functioning of the payments system are considered as core objectives of any regulatory and supervisory authority for the banking sector. The global financial and economic crisis underscored the importance of well-designed financial safety nets\, particularly crisis prevention strategies\, as part of a comprehensive regulatory and supervisory framework to ensure the soundness and stability of the financial system. Lender-of-last-resort (LOLR) facilities represent one of the specific instruments and preventive strategies available to central banks\, to allow liquidity to be extended to one or more temporarily “illiquid but solvent” financial institutions\, at their discretion and in exceptional circumstances. \n\nHowever\, conventional LOLR facilities normally depend on interest-bearing loans or instruments\, and therefore cannot appropriately be extended to institutions offering Islamic financial services. IFSB’s Guidance note GN-7 considers how Shari`ah-compliant lender-of-last-resort (SLOLR) mechanisms might be conceived and used. \n\nWithin this online FIS workshop\, IFSB Secretariat would like to discuss concept of the SLOLR mechanism and focus on Shari’ah-compliant contracts used to support SLOLR\, as well as on required disclosures by central banks. \n\n***REGISTRATION OPEN TO MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00497-gn-7-guidance-note-on-shariah-compliant-lender-of-last-resort-slolr-facilities/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, 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:20210726T163000
DTEND;TZID=UTC:20210726T183000
DTSTAMP:20260404T050137
CREATED:20210725T160025Z
LAST-MODIFIED:20231227T090551Z
UID:4543-1627317000-1627324200@www.ifsb.org
SUMMARY:Islamic Collective Investment Schemes (ICIS): Disclosures and Shari’ah Compliance Requirements (IFSB-19)
DESCRIPTION: All IFSB Members \nDate: Monday\, 26 July 2021\n\nTime: 4:30 – 6:30 (Kuala Lumpur Time)\n\nSector: Islamic Capital Markets\n\nTopics: Islamic Collective Investment Schemes (ICIS): Disclosures and Shari’ah Compliance Requirements  (IFSB-19)\n\nIslamic mutual funds\, Islamic investment funds\, Islamic real estate investment trusts – these are all (depending on jurisdiction) types of Shari’ah-compliant collective investment schemes or Islamic Collective Investment Schemes (ICIS). ICIS can play an important role\, channelling resources to the securities markets and offering Shari’ah-sensitive investors a means to achieve diversified exposure to Shari’ah-compliant investment opportunities.\n\nThis online FIS workshop session brings information on what makes ICIS disclosure on Shari’ah governance and compliance sufficient to allow Shari’ah-sensitive investors to make an informed investment decision.\n\nWithin this workshop facilitator will focus on background information on ICIS\, Shari’ah and Operations-related disclosures and other general principles.\n\n \n\n \n***REGISTRATION OPEN TO MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00498-islamic-collective-investment-schemes-icis-disclosures-and-shariah-compliance-requirements-ifsb-19/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210729
DTEND;VALUE=DATE:20210730
DTSTAMP:20260404T050137
CREATED:20210728T160025Z
LAST-MODIFIED:20231227T090540Z
UID:4537-1627516800-1627603199@www.ifsb.org
SUMMARY:54th Meeting of the Technical Committee of the IFSB (Online)
DESCRIPTION:The 54th Meeting of the Technical Committee of the IFSB is scheduled to be held online as follows:\n\n \n\n\n\nDate\nThursday\, 29 July 2021\n\n\nTime\n15:30 – 19:05 (Kuala Lumpur Time\, GMT +8)\n\n\n\n \n\nParticipation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org
URL:https://www.ifsb.org/event/eve00501-54th-meeting-of-the-technical-committee-of-the-ifsb-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210803
DTEND;VALUE=DATE:20210804
DTSTAMP:20260404T050137
CREATED:20210802T160036Z
LAST-MODIFIED:20231227T090526Z
UID:4531-1627948800-1628035199@www.ifsb.org
SUMMARY:Joint IFSB-CMA Saudi Arabia Seminar On Islamic Capital Market
DESCRIPTION:Type: Seminar\n\nTarget Audience: Senior Management from Regulatory and Supervisory Authorities and Market Players\n\nDuration: 4 hours\n\nProgram Overview:\n\nThe pandemic has unexceptionally affected all economic and financial sectors globally\, including the Islamic financial services sector. Given the ongoing uncertainty created by the pandemic and the potential risks it poses for economic growth and financial stability\, protecting investors against possible market failures\, as well as enhancing transparency and information available to investors are essential in regaining investor trust and confidence in the Islamic capital markets\, which is in turn\, crucial to prevent any deterioration of market conditions.\n\nMany market failures directly impact investors\, including asymmetry of information\, agency problems or detrimental conflicts of interest. They may affect the functioning of the market and contribute to the perception that capital markets are an unsafe environment. Thus\, it is imperative for policy makers and regulators to address these issues through regulatory intervention\, in order to rebuild investor confidence during volatile market conditions and to effectively address possible market failures that could impact the level of protection of investors. Better protected investors are also likely to make more informed investment decisions and be less prone to react irrationally to market events or follow “herd behavior” which are disruptive for financial markets and the economy as a whole. Thus\, transparency and investor protection can be seen as factors that ultimately contribute to the stability of financial markets.\n\nThe seminar therefore aims to increase awareness of the importance of investor protection and transparency in fostering investor confidence and ultimately the sustainability and stability of the Islamic capital markets and to provide a platform to discuss critical policy issues arising in the context of the current global financial environment.\n\nObjectives\n\nThe seminars’ main objectives are to:\n\n 	Address Islamic finance-specific issues in relation to investor protection.\n 	Discuss best practices for investor protection in the ICM and the elements of a robust investor protection framework.\n 	Highlight best practices and guidelines on disclosure requirements for ICM products\, specifically for ṣukūk and Islamic collective investment schemes (ICIS).\n 	Identify issues arising from the current global environment\, and share policy actions taken by various regulators and policy makers to address emerging challenges and issues.\n\nProgramme Outcome\n\nAt the end of the seminar\, participants will have a comprehensive understanding on investor protection and disclosure requirements to strengthen investor confidence and improve financial market performance. The seminar will be structured around guidance from IFSB standards\, as well as experiences from the industry. Participants will be able to takeaway insights on the various policy approaches and best practices in different jurisdictions to address new and emerging issues related to investor protection and transparency in light of the new global realities.\n\nProgramme Approach\n\nDiscussion on the best market practices and regulatory challenges\nInteractive discussions on a wide array of issues on investor protection and transparency in the ICM\n\nEvent Snapshots:
URL:https://www.ifsb.org/event/eve00502-joint-ifsb-cma-saudi-arabia-seminar-on-islamic-capital-market/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, 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;VALUE=DATE:20210818
DTEND;VALUE=DATE:20210819
DTSTAMP:20260404T050137
CREATED:20210817T160055Z
LAST-MODIFIED:20231227T090519Z
UID:4510-1629244800-1629331199@www.ifsb.org
SUMMARY:2nd IFSB CEO’s FORUM & Launch of the Islamic Financial Services Industry Stability Report 2021
DESCRIPTION:COVID-19 has shifted the dynamics in the global Islamic financial services industry (IFSI). The necessary public health measures have created the need for businesses to change their course of action and overall outlook for the future. Beyond the immediate economic implications\, COVID-19 is creating new opportunities by forcing the IFSI to adapt to rapidly evolving market conditions and speeding up the pace of emerging trends in socially responsible investing\, sustainability\, and digitalization to mitigate the impact of the outbreak.\n\nThe Covid-19 outbreak has led to growth in the IFSI in some areas by accelerating trends such as socially responsible investing and a stronger focus on social sustainability. The impact of Covid-19 presented a window of opportunity for the Islamic capital market sector\, particularly regarding the issuance of sovereign sukuk as a part of the government’s strategy to diversify its funding for financing fiscal deficit and to meet the fiscal requirements for combating Covid-19.\n\nIn the business sectors\, some IFSI have started to convert their ongoing business models into a more digital and virtual based businesses. Digital payment\, monitoring\, recording\, reporting and even the Islamic financial institution and instrument themselves have become fully digital (virtual) which are now commonly called as digital banking\, e-Sukuk\, etc. in line with the issue of digital currency.\n\nObjectives:\n\n 	To discuss the recovery initiatives within the Global Islamic Financial Services Industry\n 	To discuss the limitation for IFSI and identify specific risk factors that might arise in relation to specificities of Islamic Finance\n 	To provide a better understanding on the challenges faced by the industry\, particularly related to Cybersecurity Risk due to accelerated digitalisation and liquidity risk management.\n\nRegister Now\n\n \n\nEvent Snapshots: 
URL:https://www.ifsb.org/event/eve00503-2nd-ifsb-ceos-forum-launch-of-the-islamic-financial-services-industry-stability-report-2021/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210823
DTEND;VALUE=DATE:20210824
DTSTAMP:20260404T050137
CREATED:20210822T160048Z
LAST-MODIFIED:20231227T090510Z
UID:4498-1629676800-1629763199@www.ifsb.org
SUMMARY:5th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings
DESCRIPTION:The 5th Working Group Meeting on Revised Solvency Requirements for Takaful/Retakaful Undertakings is scheduled to be held as follow :\n\n \n\n\n\nDate\n23 August 2021\n\n\nTime\n2.30 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to fadhila@ifsb.org.\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00508-5th-working-group-meeting-on-revised-solvency-requirements-for-takaful-retakaful-undertakings/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210824
DTEND;VALUE=DATE:20210825
DTSTAMP:20260404T050137
CREATED:20210823T160000Z
LAST-MODIFIED:20231227T090500Z
UID:4487-1629763200-1629849599@www.ifsb.org
SUMMARY:4th Working Group Meeting on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures)
DESCRIPTION:The 4th Working Group Meeting on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures) is scheduled to held as follow :\n\n \n\n\n\nDate\n24 August 2021\n\n\nTime\n3.00 PM (KL time)\n\n\nVenue\nvia web conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: fadhila@ifsb.org\n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00504-4th-working-group-meeting-on-core-principles-for-islamic-finance-regulation-financial-market-infrastructures/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210826
DTEND;VALUE=DATE:20210827
DTSTAMP:20260404T050137
CREATED:20210825T160031Z
LAST-MODIFIED:20231227T090451Z
UID:4475-1629936000-1630022399@www.ifsb.org
SUMMARY:3rd Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools
DESCRIPTION:The 3rd Task Force Meeting of Technical Note on Shariah-compliant Liquidity Management Tools is scheduled to be held as follow :\n\n \n\n\n\nDate\n26 August 2021\n\n\nTime\n3.00 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to fadhila@ifsb.org.\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00506-3rd-task-force-meeting-of-technical-note-on-shariah-compliant-liquidity-management-tools/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00506-3-1-e1697686527556.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Asia/Kuala_Lumpur:20210909T150000
DTEND;TZID=Asia/Kuala_Lumpur:20210909T190000
DTSTAMP:20260404T050137
CREATED:20210908T160056Z
LAST-MODIFIED:20231227T090434Z
UID:4472-1631199600-1631214000@www.ifsb.org
SUMMARY:3rd Extraordinary Meeting of the Technical Committee (Online)
DESCRIPTION:The 3rd Extraordinary Meeting of the Technical Committee of the IFSB is scheduled to be held online as follows:\n\n \n\n\n\nDate\n9 September 2021\n\n\nTime\n15:00 – 19:00 (Malaysia Time)\n\n\n\nParticipation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org
URL:https://www.ifsb.org/event/eve00509-3rd-extraordinary-meeting-of-the-technical-committee-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=Asia/Kuala_Lumpur:20210915T143000
DTEND;TZID=Asia/Kuala_Lumpur:20210915T180000
DTSTAMP:20260404T050137
CREATED:20210914T160026Z
LAST-MODIFIED:20231227T090427Z
UID:4468-1631716200-1631728800@www.ifsb.org
SUMMARY:16th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators - PSIFIs (Online)
DESCRIPTION:The 16th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held via online as follows:\n\n \n\n\n\nDate\n15 September 2021 (Wednesday)\n\n\nTime\n14:30 – 18:00 (GMT +8.00\, Kuala Lumpur Time)\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to khairun.nissa@ifsb.org
URL:https://www.ifsb.org/event/eve00510-16th-meeting-of-the-task-force-on-prudential-and-structural-islamic-financial-indicators-psifis-online/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20210922T163000
DTEND;TZID=UTC:20210923T183000
DTSTAMP:20260404T050137
CREATED:20210921T160047Z
LAST-MODIFIED:20231228T014626Z
UID:4463-1632328200-1632421800@www.ifsb.org
SUMMARY:IFSB-FIS E-Workshop Series - Stress testing in Islamic banks according to the IFSB standards
DESCRIPTION:FOR ALL IFSB MEMBERS\n\nDate:       22-23 September 2021 (Wednesday-Thursday)\nTime:       4:30 – 6:30 pm (MYT)\nSector:    Islamic banking\nTopic:      Stress testing in Islamic banks according to the IFSB standards\n\nOverview\n\nStress testing has become widely used by Islamic financial institutions and regulators to identify financial sector vulnerabilities\, influence and support policy decisions affecting the financial system and individual institutions\, besides supporting and guiding financial institutions’ own risk management. Conducting stress testing regularly has become a central tool for enhancing the resilience and stability of the banking system.\n\nConsidering the many aspects of stress testing\, the IFSB Secretariat invites you to participate in two- days e-workshop dedicated to this topic.\n\nDuring the two-day workshop\, the IFSB facilitator will present an overview for stress testing in the Islamic finance industry and the basic requirements and methodologies for these tests within Islamic banks. This will be followed by an introduction to solvency and liquidity stress tests and a sample case study.\n\nThe deeper understanding for stress testing through this workshop should enable participants to better apply their knowledge and understand stress testing principles and their applications.\n\n***REGISTRATION IS OPEN FOR MEMBERS ONLY***
URL:https://www.ifsb.org/event/eve00513-ifsb-fis-e-workshop-series-stress-testing-in-islamic-banks-according-to-the-ifsb-standards/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210930
DTEND;VALUE=DATE:20211001
DTSTAMP:20260404T050137
CREATED:20210929T160029Z
LAST-MODIFIED:20231228T014617Z
UID:4448-1632960000-1633046399@www.ifsb.org
SUMMARY:IFSB Executive Programme: Managing Digital Transformation Risks for Islamic Finance Institutions (IFIs)
DESCRIPTION:Online IFSB Executive Programme \nManaging Digital Transformation Risks for Islamic Finance Institutions (IFIs) \nThe Covid-19 pandemic has given a very important lessons to global financial services industry unexceptionally which the Islamic finance industry shall face post the pandemic. One of them is the necessity of accelerated digital business transformation which includes amongst others\, changes in the business model\, operations\, technical mechanism\, supervision and monitoring into the digital ones including larger and comprehensive risk assessment and mitigation. Physical business interactions\, dealing\, negotiation\, financial transactions and execution may not be feasible nowadays and are changed into digital and virtual Islamic financial transactions. Currently\, Islamic finance players have started to transform their products and services into digital ones for examples\, e-deposit\, e-sukuk\, insurTech\, e-payment\, etc offered and operated via new business and digital based systems in the integrated financial market. Even\, Islamic finance is now giving the greater attention on Islamic social finance\, funds\, products and instruments including the Environmental\, Social and Governance (ESG). Sukuk awqf\, digital zakah and awqf payment and distribution mechanisms are amongst the recent innovations in Islamic finance most of which IFSB Standards had provided clear guidance for both regulators and market players. \n\n\n 	 To enhance participants understanding of operational risks and regulatory concerns associated with accelerated digital transformation for the Islamic banking\, Islamic capital market and takaful institutions.\n 	To elevate key skills and competencies of participants on regulation\, supervision and monitoring including comprehensive risk assessment and mitigation of digital transformation associated risks for IFIs.\n 	To equip participants with understanding and acceleration of Islamic social finance including new and innovative instruments\, mechanism and programs.\n\nInteractive online discussion\, providing direct engagement with subject matter experts and sharing of country and organisational experiences as well as using IFSB standards and technical notes as reference. \n \n\nEvent Snapshots:
URL:https://www.ifsb.org/event/eve00511-ifsb-executive-programme-managing-digital-transformation-risks-for-islamic-finance-institutions-ifis/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20211013
DTEND;VALUE=DATE:20211014
DTSTAMP:20260404T050137
CREATED:20211012T160052Z
LAST-MODIFIED:20231228T010629Z
UID:4444-1634083200-1634169599@www.ifsb.org
SUMMARY:IFSB-FIS E-Workshop Series - Standard on Risk Management for Takaful (Islamic Insurance) Undertakings (IFSB-14)
DESCRIPTION:2021 年 10 月的 FIS 研讨会\n\n对于所有 IFSB 成员\n\n日期：2021年10月13日（星期三）\n时间：下午 4:30 – 6:30（马来西亚时间）\n部门：回教保险\n主题：IFSB-14：回教保险（伊斯兰保险）企业的风险管理标准\n\n概述\nIFSB 发布了一些专门针对伊斯兰保险业的标准，以努力引导该行业走向稳定和健康的金融环境。 本 IFSB-14 标准旨在建立风险管理领域的最低标准，为伊斯兰保险经营者以及保险/伊斯兰保险监管者提供指导和指导。\n\n会议将讨论如何实施回教保险业务固有的风险管理，以将回教保险行业提升到理想的有效监督和监管水平，与传统保险行业相提并论，传统保险行业始终遵循伊斯兰教法原则的要求.\n\n本次讨论的中心重点是从风险管理的角度讨论回教保险的具体特征，以及与回教保险特别相关的重大风险。\n\n主持人将帮助您了解企业风险管理框架、风险基金的所有权以及风险治理。\n\n研讨会还将提供相关案例研究的介绍和问答，以增进参与者之间的理解。\n\n***注册只对会员开放***
URL:https://www.ifsb.org/event/eve00518-ifsb-fis-e-workshop-series-standard-on-risk-management-for-takaful-islamic-insurance-undertakings-ifsb-14/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20211014
DTEND;VALUE=DATE:20211015
DTSTAMP:20260404T050137
CREATED:20211013T160057Z
LAST-MODIFIED:20231228T010619Z
UID:4439-1634169600-1634255999@www.ifsb.org
SUMMARY:6th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment)
DESCRIPTION:The 6th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment) is scheduled to be held as follow :\n\n \n\n\n\nDate\n14 October 2021\n\n\nTime\n3.00 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information\, please email to fadhila@ifsb.org.\n\n \n\nEvent Snapshots\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00516-6th-working-group-meeting-on-core-principles-for-islamic-finance-regulation-takaful-segment/
LOCATION:Online
CATEGORIES:Meetings
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20211015
DTEND;VALUE=DATE:20211016
DTSTAMP:20260404T050137
CREATED:20211014T160001Z
LAST-MODIFIED:20231228T010546Z
UID:4426-1634256000-1634342399@www.ifsb.org
SUMMARY:Webinar for the Public Hearing on ED-26 : Core Principles for Islamic Finance Regulation (Financial Market Infrastructure)
DESCRIPTION:In its 3rd Extraordinary Technical Committee Meeting held on 9 September 2021\, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of the of the following Exposure Draft (ED) : \n\n\n 	Core Principles for Islamic Finance Regulation (Financial Market Infrastructure) – ED-26\n\nThe Public Consultation will be for a period of 45 days\, starting from 10 September 2021 until 25 October 2021. \n \nIn conjunction to the above\, the IFSB will be organising a Webinar for the Public Hearing on the ED-26 on 15 October 2021 at 4.00 PM (GMT +8.00\, Malaysia time). Therefore\, the IFSB would like to invite all members\, stakeholders and interested parties to attend the above programme. \n \nKindly register in advance for this webinar: \nhttps://zoom.us/webinar/register/WN_4XUyFdM6RsqgkP4xT9pNgw   \n \nAn email confirmation containing about joining the webinar will be sent after registration. \nWe look forward to receiving your registration for Public Hearing session as well as feedback on ED-26. \n \n\nEvent Snapshots:\n\n 
URL:https://www.ifsb.org/event/eve00517-webinar-for-the-public-hearing-on-ed-26-core-principles-for-islamic-finance-regulation-financial-market-infrastructure/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00517-1.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20211028T130000
DTEND;TZID=UTC:20211028T161500
DTSTAMP:20260404T050137
CREATED:20211027T160057Z
LAST-MODIFIED:20231228T010338Z
UID:4397-1635426000-1635437700@www.ifsb.org
SUMMARY:IFSB Conference 2021: Financial Stability in the Digital Era and its Implications for Islamic Economics and Finance
DESCRIPTION:Target Audience:\n\nIFSB members and non-members (RSA\, market players\, scholars and academics)\nLearning Objectives:\nThe progress of digital transformation has accelerated in the midst of pandemic due to rising digitalization trend. Some central banks have conducted assessments and exercises on pros and cons of digital transformation in the regulators policies and initiatives particularly to maintain the financial system stability\, economic transaction and increase the policy impacts to the real sectors including the Islamic finance. The focuses are mainly on: (i) can the central bank digital transformation perform a better economic policy transformation mechanism in the digital era? (ii) how can the economic policies (fiscal\, monetary\, finance\, etc) be relied on and applied in the digital era? (iii) how is the financial stability framework and mechanism be maintained by adopting the central bank digital transformation? (iv) how is Sharia view and thought on some digital initiatives applied by the regulators? (v) and other central bank strategic policies and digital transformation issues can also be deliberated and shared in the event.\n\nProgramme Outcome:\n\nThe conference intends to elaborate and possibly gains consensus among policy makers\, experts and sharia scholars on the issues and ideas of the digital transformation in the policy\, market practices and Sharia initiative. Representatives from the central banks\, international standard setting bodies\, industry players and sharia scholars among resource persons in the event. The expected outcomes of the event are: (a) comprehensive understanding and thought on digital transformation from regulatory perspectives (central bank\, financial regulators) mainly its financial and economic impacts\, policy responses and financial (b) discussions from the market and industry players on some applications of digital transformation in financial transactions (crypto asset trading\, bitcoin\, etc) (c) knowing the Sharia views and thoughts on digital initiatives in the payment system\, financial market transactions\, banking system\, etc mainly with the issues of Riba\, gharar and maysir (speculation) in the digital transaction.\n\nProgramme Approach:\n\nFollowing are the overall programme approaches:\n\n 	Explanation and elaboration of the issue\, policy\, market experiences and Sharia thoughts from the speakers (policy makers\, market players and sharia scholars).\n 	Interactive discussion\, debate\, pros and cons opinions on the topic among speakers and limited (by invitation) audience.\n 	Conclusions or pre-requisite consensus on the issues being discussed.\n 	Suggestions on policy responses or market responses on the issues.\n\nEvent Snapshots:\n\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\nDay 1\n00/00/0000\n00:00 – 00:00\n\n\n\n13:00 – 13:30\nRegistration and Opening by Master of Ceremony\n\n\n13:30 – 14:00\n\nOpening Remarks and Keynote Address \nOpening Remarks       : Dr. Bello Danbatta\, Secretary-General\, IFSB \nKeynote Speech          : Dr. Wimboh Santoso\, Chairman\, Otoritas Jasa Keuangan (OJK) \n\n\n\n14:00 – 15:00\n\nSession 1: Central Bank Digital Transformation: Policy Responses and Financial System Stability \n\n\n 	Central bank views\, assessments and thought on central bank digital transformation particularly in relation to financial system stability\, economic transaction and impacts on the real sectors\n 	Policy responses on central bank digital transformation: policy transformation\, financial market and payment system policies.\n 	Central bank strategic policies in shaping financial industry and payment system in the digital era.\n 	Possible adoption with adjustments and modification with respect to the jurisdiction’s economic condition and policy measures.\n\n\n\n\n15:00 – 16:00\n\nSession 2: Financial Market and Industry Views\, Assessments\, and Shari’ah Thoughts on Digital Transformation in the Islamic Business and Economic Transactions \n\n\n 	Financial market dan banking responses on the current cases of the digital transactions such as digital payment\, digital financial market transactions\, digital financing\, etc.\n 	Possible impacts of digital transformation in the Islamic economic and financial transactions: contract\, trading\, investor and customer protection\, risk assessment\, etc.\n 	Changing in the financial market and banking treatments and rules on digital transaction in the digital era.\n\n\n\n\n16:00 – 16:15\nQ & A Session
URL:https://www.ifsb.org/event/eve00520-ifsb-conference-2021-financial-stability-in-the-digital-era-and-its-implications-for-islamic-economics-and-finance/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
END:VCALENDAR