Islamic Financial Services Board

Workshop on the Standard on Solvency Requirements for Takaful (Islamic Insurance) Undertakings
2010-04-02 09:00 - 11:30 UTC | Auditorium, Headquarters’ Bank Negara Malaysia, Kuala Lumpur, Malaysia
Standard on Solvency Requirements for Takaful (Islamic Insurance) Undertakings

Programme – Event Session(s)

Date
Time
Topics

Day 1
02/04/2010
09:00 – 09:30
Registration

09:30 – 10:30
Workshop on IFSB Exposure Draft 11 Standard on Solvency Requirements for Takāful (Islamic Insurance) Undertakings

10:30 – 11:00
Question and Answer Session

11:00 – 11:30
Coffee Break and End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Workshop on Islamic Finance
2010-03-30 08:30 - 2010-03-31 15:30 | Al Dasha Ballroom, Doha, Qatar
The IFSB is organising 2 Workshops on Islamic Finance in Doha, Qatar. The Workshops are: i) 30 March 2010 – Management and Supervision of Profit Sharing Investment Accounts (PSIA) ii) 31 March 2010 – Prudential Regulation for Islamic Windows Both Workshops will be hosted by Qatar Central Bank. More information will be uploaded in due course.

Programme – Event Session(s)

Date
Time
Topics

Day 1
30/03/2010
08:30 – 09:00
Registration

09:00 – 10:30
Session 1: Treatment of profit sharing investment accounts (PSIA) as deposits and quasi deposit products: Shari’ah and legal perspectives Conceptual background on the Mudarabah contracts, which treat PSIA as investments. Why PSIA are being treated differently in practice, often as a deposit-like product? Legal and market considerations often seek to protect PSIA; how to reconcile the legal and market considerations and Shari’ah considerations?

10:30 – 11:00
Coffee Break and Networking

11:00 – 12:30
Session 2: Management of PSIA, and measurement of DCR, “Alpha” and capital adequacy Modeling investment accounts management by Islamic banks Determination of the Alpha factor in the capital adequacy ratio: A practical approach Case study on Qatari banks

12:30 – 14:00
Lunch and Zhur Prayer

14:00 – 15:30
Session 3: Supervisory and Regulatory Implications of Treating PSIA as deposit like products Supervisory discretion on Alpha and supervisory assessments of “negligence and misconduct” Corporate governance and disclosure requirements Implications for stress testing approaches and scenarios End of Workshop

Day 2
31/03/2010
08:30 – 09:00
Registration

09:00 – 10:30
Session 1: Supervisory Review Process for Islamic Windows Overview of the IFSB standard on supervisory review process Application of the IFSB standard on supervisory review process for Islamic windows

10:30 – 11:00
Coffee Break and Networking

11:00 – 12:30
Session 2: Risk Management and Capital Adequacy for Islamic Windows Overview of the IFSB risk management and capital adequacy standards Relevance of the IFSB Risk management and capital adequacy standard to Islamic windows Special treatment for risk management and capital adequacy for Islamic windows

12:30 – 14:00
Lunch and Zhur Prayer

14:00 – 15:30
Session 3: Disclosure to Promote Transparency and Market Discipline for Islamic Windows Overview of the IFSB corporate governance standard and disclosures to promote transparency and market discipline Applicability of the IFSB corporate governance standard and disclosures to promote transparency and market discipline to Islamic windows End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

IFSB-FIS Workshop Series (Brunei): Capital Adequacy | Transparency and Market Discipline
2010-03-15 - 2010-03-17 | –, Bali, Indonesia
This Workshop is hosted by the Ministry of Finance, Brunei Darussalam

5th Seminar on the Regulation of Takaful : The Future of the Regulation of Takaful
2010-02-22 09:00 - 2010-02-23 17:00 | Jumeirah Emirates Towers, Dubai, Dubai, United Arab Emirates
Dubai Financial Services Authority will be hosting the 5th Seminar on the Regulation of Takaful. More information will be uploaded in due course.

Programme – Event Session(s)

Date
Time
Topics

Day 1
22/02/2010
09:00 – 09:30
Registration and Morning Coffee

09:30 – 10:00
Opening and Keynote Session

10:00 – 10:15
Briefing by the Seminar Chair

10:15 – 10:45
Networking Session and Coffee Break

10:45 – 13:00
Session 1: Solvency for Takāful Operations: Critical Elements for Prudential Regulations

13:00 – 14:30
Lunch and Prayers

14:30 – 16:00
Session 3: Governance of Takāful

16:00 – 17:00
Networking Session and Coffee Break

Day 2
23/02/2010
09:00 – 09:30
Morning Coffee

09:30 – 11:00
Session 4: Risk Management and Disclosure in Takāful Practices

11:00 – 11:30
Networking Session and Coffee Break

11:30 – 13:00
Session 5: The Role and Recognition of Ratings by External Credit Assessment Institutions

13:00 – 13:15
Closing Remarks by Mr. Paul Koster, Chief Executive, Dubai Financial Services Authority

13:15 – 14:00
Lunch and End of Seminar

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Hotel Reservation Form

3.)

Registration Form – Microsoft Word Format

4.)

Registration Form – PDF Format

Roundtable Discussion on Solvency Requirements for Takāful (Islamic Insurance) Undertakings
2010-02-21 09:15 - 17:00 | Dubai Financial Services Authority, Dubai, United Arab Emirates
The Roundtable Discussion is hosted by the Dubai Financial Services Authority. PARTICIPATION IS BY INVITATION ONLY

Programme – Event Session(s)

Date
Time
Topics

Day 1
21/02/2010
09:15 – 09:30
Opening Remarks

09:30 – 10:00
Session 1 Presentation on Exposure Draft

10:00 – 10:45
Session 2 Key Feature 1: Adoption of Total Balance Sheet Approach

10:45 – 11:15
Coffee Break

11:15 – 12:30
Session 3 Key Feature 2: Solvency Requirements for Every Fund Key Feature 3: Solvency Control Levels for Every Fund Key Feature 4: Quality and Suitability of Solvency Resources

12:30 – 14:00
Lunch and Prayers

14:00 – 15:30
Session 4 Key Feature 5: Comprehensive Risk Management Framework Key Feature 6: Regulatory Assessment of Risk Management Framework Key Feature 7: Disclosure of Takāful Undertaking’s Solvency Position

15:30 – 17:00
Session 5 Guidance Note on the Recognition of Ratings by External Credit Assessment Institutions (ECAIs) on Takāful and ReTakāful Undertakings

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Workshop on Compilation of Prudential and Structural Islamic Financial Indicators Database
2010-01-11 - 2010-01-13 | Headquarters’ Central Bank of United Arab Emirates, Abu Dhabi, United Arab Emirates
Downloadable Document(s)

1.)

Registration Form

IFSB - FIS Workshop Series (Saudi Arabia): Capital Adequacy & Transparency and Market Discipline
2009-12-21 08:30 - 2009-12-23 15:30 | The Institute of Banking, Riyadh, Saudi Arabia
Capital Adequacy Transparency and Market Discipline

Programme – Event Session(s)

Date
Time
Topics

Day 1
21/12/2009
08:30 – 09:00
Registration

09:00 – 10:30
Session 1 An Overview of the IFSB Capital Adequacy Standard (CAS)

10:30 – 11:00
Coffee Break

11:00 – 12:30
Session 2 Measurement of Capital Adequacy Requirements for Credit Risk Examples

12:30 – 13:00
Coffee Break and Prayers

13:00 – 14:30
Session 3 Measurement of Capital Adequacy Requirements for Market Risk (1)

14:30 – 15:30
Lunch and End of Day 1

Day 2
22/12/2009
09:00 – 10:30
Session 4 Measurement of Capital Adequacy Requirements for Operational Risk CAS Formulas

10:30 – 11:00
Coffee Break

11:00 – 12:30
Session 5 Case Study

12:30 – 13:00
Coffee Break and Prayers

12:30 – 14:30
Session 6 Case Study Discussion and Group Presentations

14:30 – 15:30
Lunch and End of Day 2

Day 3
23/12/2009
09:00 – 10:30
Session 1 The Concept of Transparency and General Considerations International Standards on TMD Disclosures to Promote TMD for Institutions Offering Islamic Financial Services (IIFS) (IFSB–4)- An overview IFSB-4- Necessary Conditions for Effective TMD IFSB-4- Recommended Disclosures for IIFS

10:30 – 11:00
Coffee Break

11:00 – 12:30
Session 2 IFSB–4 – Recommended Disclosures for IIFS (Cont’d) IFSB–4 – Implementation Issues and Challenges

12:30 – 13:00
Coffee Break and Prayers

13:00 – 14:30
Session 3 Survey on the Practices of TMD in IIFS among IFSB Members Countries Group Case Study and Discussion Individual Exercise and Discussion

14:30 – 15:30
Lunch and End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Programme

3.)

Registration Form – Microsoft Word Format

4.)

Registration Form – PDF Format

IFSB-FIS Workshop Series (Sudan): Capital Adequacy | Capital Adequacy Requirements for Sukuk, Securitization, and Real Estate Investments
2009-12-13 08:30 - 2009-12-15 15:30 | Burj Al – Fateh Hotel, Khartoum, Khartoum, Sudan
Capital Adequacy Capital Adequacy Requirements for Sukuk, Securitization, and Real Estate Investments

Programme – Event Session(s)

Date
Time
Topics

Day 1
13/12/2009
08:30 – 09:00
Registration

09:00 – 10:00
Session 1 An overview of Capital Adequacy Standard (CAS)

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Measurement of Capital Adequacy Requirements for Credit Risk Group Exercise

12:00 – 12:30
Coffee Break and Prayers

12:30 – 14:30
Session 3 Measurement of Capital Adequacy Requirements for Market Risk Group Exercise

14:30 – 15:30
Lunch and End of Day 1

Day 2
14/12/2009
09:00 – 10:00
Session 4 Measurement of Capital Adequacy Requirements for Operational Risk CAS Formulas

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 5 Case Study

12:00 – 12:30
Coffee Break and Prayers

12:30 – 14:30
Session 6 Case Study Discussion & Group Presentations

14:30 – 15:30
Lunch and End of Day 2

Day 3
15/12/2009
09:00 – 10:00
Session 1 An Overview of the Standard on Capital Adequacy Requirements for Sukūk, Securitisations and Real Estate Investments

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Capital Requirements for Sukūk and Securitisations

12:00 – 12:30
Coffee Break and Prayers

12:30 – 14:30
Session 3 Capital Requirements for Real Estate Investments

14:30 – 15:30
Lunch and End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Programme

3.)

Registration Form – PDF Format

4.)

Regsitration Form – Microsoft Word Format

3rd IFSB Public Lecture and BNM High Level Conference
2009-11-23 14:00 - 2009-11-24 17:15 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
23 November 2009 – 3rd IFSB Public Lecture . This event is organised by the IFSB in conjunction with the 15th Meeting of the Council of the IFSB. It is hosted by Bank Negara Malaysia (BNM) 24 November 209 – Bank Negara Malaysia High Level Conference. This Conference is organised by BNM in conjuction with the Meeting of the Council of the IFSB. Both events will be held at SASANA KIJANG, Bank Negara Malaysia. For more information, please contact Ms Puteri Bahrun at puteri@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
23/11/2009
14:00 – 14:30
3rd IFSB Public Lecture on Financial Policy and Stability Registration

14:30 – 14:45
Opening Remarks

14:45 – 15:45
Lecture 1 Lecture to be delivered by Mr. Paul Koster, Chief Executive of Dubai Financial Services Authority

15:45 – 16:15
Coffee Break

16:15 – 17:15
Lecture 2 Lecture to be delivered by Mr. Jean Pierre Sabourin, Chief Executive Officer of Malaysia Deposit Insurance Corporation (End of Public Lecture)

Day 2
24/11/2009
08:00 – 09:00
BNM High Level Conference on Financial Stability Registration

09:10 – 09:30
Opening Remarks

09:30 – 10:00
Special Address

10:00 – 11:00
Session 1 Enhancing the Resilience and Stability of the Islamic Financial System

11:00 – 11:15
Coffee Break

11:15 – 12:45
Session 2 Towards Enhancing Efficient Liquidity Management Framework

12:45 – 13:00
Wakalah Signing Ceremony

13:00 – 14:00
Lunch (End of Conference)

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Confirmed Chairperson and Speakers Profile

3.)

Programme Agenda

Workshop on Prudential and Structural Islamic Financial Indicators Database
2009-11-13 - 2009-11-14 | Imperial 2, Mezzanine Floor, Sheraton Imperial Hotel Kuala Lumpur, Kuala Lumpur

IFSB - FIS Workshop Series (Iran): Risk Management | Corporate Governance
2009-11-07 08:30 - 2009-11-08 15:30 | Central Bank of Iran Building, Tehran, Iran, Islamic Republic of
Risk Management Corporate Governance

Programme – Event Session(s)

Date
Time
Topics

Day 1
07/11/2009
08:30 – 09:00
Registration

09:00 – 10:00
Session 1 Risk Management Framework – General Background Risk Inherent in Institution offering Islamic Financial Services (IIFS) Overview of the IFSB Guiding Principles of Risk Management

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 IFSB – Risk Management Guiding Principles

12:00 – 12:30
Coffee Break and Prayers

12:30 – 14:30
Session 3 IFSB – Risk Management Guiding Principles: Role of Supervisory Authorities Case Studies and Discussions

14:30 – 15:30
Lunch and End of Day 1

Day 2
08/11/2009
09:00 – 10:00
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 IFSB-3 – A focus on the Recommended Best Practices

12:00 – 12:30
Coffee Break & Prayers

12:30 – 14:30
Session 3 Case Studies

14:30 – 15:30
Lunch and End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Programme and Registration Form

IFSB - FIS Workshop Series (Egypt): Risk Management | Corporate Governance
2009-10-28 08:30 - 2009-10-29 15:30 | The Egyptian Banking Institute Head Quarters – Nasr City, Cairo, Egypt
Risk Management Corporate Governance

Programme – Event Session(s)

Date
Time
Topics

Day 1
28/10/2009
08:30 – 09:00
Registration

09:00 – 10:30
Session 1 Guiding Principles of Risk Management for Institutions (Other than Insurance Institutions) Offering only Islamic Financial Services (IFSB-1)- An Overview

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 2 Intensive Case Study – 1 and Discussions Intensive Case Study – 2 and Discussions

12:00 – 12:30
Coffee Break and Prayers

12:30 – 13:30
Session 3 IFSB 1 – Focus on Market Risk IFSB 1 – Focus on Liquidity Risk IFSB 1 – Focus on Rate of Return Risk

13:30 – 14:30
Session 4 Group Exercise – 1 and Discussions Group Exercise – 2 and Discussions Intensive Case Study – 3 and Discussions

14:30 – 15:30
Lunch and End of Day 1

Day 2
29/10/2009
09:00 – 10:30
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 2 IFSB-3 – A focus on the Recommended Best Practices

12:00 – 12:30
Coffee Break & Prayers

12:30 – 13:30
Session 3 Case Analysis and Discussions I

13:30 – 14:30
Session 4 Case Analysis and Discussions II

14:30 – 15:30
Lunch and End of Workshop

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Programme and Registration Form

Seminar on Islamic Finance: During and After the Global Financial Crisis
2009-10-05 12:00 - 18:45 | Hilton Convention Center, Istanbul, Turkey
The Seminar is jointly organised by the IFSB, The World Bank, The Islamic Development Bank and The Institute of International Finance For more information on the Seminar, please contact Ms Puteri Bahrun at puteri@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
05/10/2009
12:00 – 14:00
Lunch Hosted by Islamic Development Bank

14:00 – 14:15
Registration

14:15 – 16:00
Opening Remarks & Keynote Addresses

16:00 – 16:15
Coffee Break

16:15 – 17:15
Session 1 – Prerequisites for Resilience and Stability of the Islamic Financial Services Industry Regulatory framework that supports resilience – is it just different or superior to conventional finance? Does risk framework in Islamic finance avoid mis – pricing of risks? Governance framework is new in Islamic finance – what has been its influence in strengthening Islamic financial institutions?

17:15 – 18:15
Session 2 – Expansion of Islamic Financial Services – Opportunities for increasing access to new markets now and after the crisis Success factors for expanding into new markets, particularly SMEs and micro-finance Is Islamic finance filling gaps in trade finance during the credit crunch? Outreach and appropriate risk management for new markets Impact of new regulations on Islamic finance institutions

18:15 – 18:45
Session 3 – Concluding Remarks

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Confirmed Chairpersons & Speakers – Profile and Photo

3.)

Registration Form

4th IFSB Seminar on Legal Issues in the Islamic Financial Services Industry
2009-09-28 09:00 - 2009-09-29 17:30 | Lanai Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
Prior to this 4th IFSB Seminar on Legal Issues in the Islamic Financial Services Industry (28-29 September 2009), Bank Negara Malaysia is organising its SEACEN-BNM Banking and Financial Law School 2009 (BFLS) (24-25 September 2009). Please note that attending the BFLS 2009 will entitle you for FREE ENTRY to the IFSB Seminar. For information and registration, please contact: 4th IFSB Seminar on Legal Issues in the Islamic Financial Services Industry MS. PRUDENCE LEE Tel: +603 26984248 ext: 133 Email: prudence@ifsb.org SEACEN-BNM Banking and Financial Law School 2009 MR. JOSEPH LEONG Tel: +603-2095-6833 ext: 165 Fax: +603-20957822 Email: leongthengwai@ibbm.org.my or lead@ibbm.org.my.

Programme – Event Session(s)

Date
Time
Topics

Day 1
28/09/2009
09:00 – 09:30
Registration

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Coffee break

11:00 – 12:30
Session 1 Duties and Responsibilities of Shari’ah Boards from a Legal and Regulatory Perspective

12:30 – 14:00
Lunch

14:00 – 15:30
Session 2 Shari’ah and Legal issues in Islamic structured products

15:30 – 16:00
Coffee break

16:00 – 17:30
Session 3 Islamic Financial Services Industry Insolvency and Asset Recovery Framework – Gaps and Challenges

Day 2
29/09/2009
09:30 – 11:00
Session 4 Interlink/interface between civil law systems and Shari’ah rules and principles and effective dispute resolution mechanism.

11:00 – 11:30
Coffee break

11:30 – 13:00
Session 5 Challenges in managing legal risks in Islamic Financial Services Industry : Case studies

13:00 – 14:00
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Brochure

3.)

Hilton Reservation Form

4.)

Le Meridien Reservation Form

5.)

Registration Form

Seminar on Shari`ah and Legal Operandi of Takaful and Retakaful
2009-08-22 08:00 - 2009-08-23 17:00 | IDB Headquarters, Jeddah, Saudi Arabia
Islamic Development Bank is hosting this Seminar. Attendance is by invitation only.

Conference on Emerging Financial Stability Framework
2009-07-01 08:30 - 17:00 | Radisson SAS Portman Hotel, London, United Kingdom
The Conference is jointly organised with the Islamic Development Bank and Islamic Research and Training Institute, and hosted by the UK Trade and Investment. Participation is by invitation only. Please email Ms. Puteri at puteri@ifsb.org for details.

Programme – Event Session(s)

Date
Time
Topics

Day 1
01/07/2009
08:30 – 09:00
Registration

09:00 – 10:15
Opening and Keynote session

10:15 – 10:45
Coffee break

10:45 – 12:00
Session 1: Structure of Islamic Financial Services Industry (IFSI) and Financial Stability Lessons of current crisis – Can the inherent characteristics of Islamic finance (link to real assets, risk sharing with fund providers, and limits on debt/fixed income financing) promote stability? What is the current structure of IFSI, in terms of how well commerce, banking, securities, and Insurance are operationally and legally linked in Islamic finance? What are the appropriate organisational structures for institutions that offer Islamic financial services (IIFS) (both banks and Takāful), in light of their inherent characteristics? Linking of Commercial /real estate activities and financial intermediation. What are the organisational and stability Implications? How to separate commerce and trade from financial intermediation? Governance and organisational implications of funding through profit sharing investment accounts (PSIA) and financing through profit sharing modes; should there be a separate subsidiary for PSIA and profit sharing financing? Or should a cooperative form of bank be favoured in which the PSIA holders would be the owners?

12:00 – 13:15
Session 2: Emerging Prudential Framework Supervisory and capital adequacy implications of PSIA Risk management – role of derivatives and other hedging products in Islamic finance; is on-balance sheet risk management an alternative to derivatives and off balance sheet hedging? Transparency and disclosure – cross-sectoral aspects

13:15 – 14:30
Lunch and Prayers

14:30 – 15:45
Session 3: Legal Infrastructure and Safety Nets Legal framework for asset securitisation – current practices and key issues. Deposit insurance and investor protection regimes for Islamic finance; valuation issues for PSIA under investor/ depositor protection schemes Insolvency regimes (with particular reference to the rights of PSIA holders and Takāful policy-holders), loan recovery, and asset restructuring with Islamic finance contracts.

15:45 – 17:00
Session 4: Liquidity Infrastructure Developing sovereign Sukūk markets and Islamic interbank money markets – key issues; need for a comprehensive approach; insufficient availability of assets for securitisation; the scope for regional/ international cooperation to build a pipeline of assets. Central bank’s operations with IIFS – lender of last resort, OMOs, reserve and liquidity requirements etc., central bank’s role in promoting primary dealers and secondary markets. How to ensure level playing field between IIFS and conventional banks in monetary operations? Integration of sovereign Sukūk in the overall public debt and asset management and money supply management – key issues.

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Conference Programme

3.)

Registration Form

IFSB - FIS Workshop Series (Indonesia):Corporate Governance | Supervisory Review Process
2009-06-08 09:00 - 2009-06-09 16:00 | Bank Indonesia, Jakarta, Indonesia
For more information/participation in these workshops, please email ismawaty@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
08/06/2009
09:00 – 09:30
Registration

09:30 – 11:00
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 IFSB-3 – A focus on the Recommended Best Practices

12:30 – 13:30
Lunch & Prayers

13:30 – 14:30
Session 3 Case Analysis (I) Discussions

14:30 – 15:00
Coffee Break

15:00 – 16:00
Session 3 Case Analysis (II) Discussions

Day 2
09/06/2009
09:30 – 11:00
Session 1 An overview of Supervisory Review Process Standard Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Risk Management and Corporate Governance (RM, CG, Audit and Compliance)

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 Related Party Transactions Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Real Estate Investments

12:30 – 13:30
Lunch & Prayers

13:30 – 14:30
Session 3 Case Analysis (I) Discussion

14:30 – 15:00
Coffee Break

15:00 – 16:00
Session 4 Case Analysis (II) Discussion

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

Workshop on IFSB Exposure Drafts
2009-06-04 09:00 - 15:30 | Central Bank of United Arab Emirates, Abu Dhabi, United Arab Emirates
The Workshops are hosted by the Central Bank of the UAE. For more information / participation in the workshops, please email ismawaty@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
04/06/2009
09:00 – 09:30
Registration

09:30 – 11:00
Workshop on IFSB Exposure Drafts 8 Guiding Principles on Governance for Islamic Insurance (Takaful) Operations

11:00 – 11:30
Coffee Break

11:30 – 13:00
Workshop on IFSB Exposure Drafts 9 Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services

13:00 – 14:00
Lunch

14:00 – 15:30
Workshop on IFSB Exposure Drafts 10 Guiding Principles on Shari’ah Governance System

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Registration Form

IFSB - FIS Workshops Series (UAE): Corporate Governance | Risk Management | Supervisory Review Process
2009-06-01 09:00 - 2009-06-03 15:30 | Central Bank of UAE, Abu Dhabi, United Arab Emirates
Risk Management Supervisory Review Process Corporate Governance

Programme – Event Session(s)

Date
Time
Topics

Day 1
01/06/2009
09:00 – 10:00
Session 1 Risk Management Framework – Background Credit Risk Equity Investment Risk

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Market Risk Liquidity Risk Rate of Return Risk

12:00 – 12:30
Coffee Break & Prayers

12:30 – 14:30
Session 3 Operational Risk Case Analysis (I) and Discussions Case Analysis (II) and Discussions

14:30 – 15:30
Lunch

Day 2
02/06/2009
09:00 – 10:00
Session 1 An overview of Supervisory Review Process Standard Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Risk Management and Corporate Governance (RM, CG, Audit and Compliance)

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Related Party Transactions Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Real Estate Investments

12:00 – 12:30
Coffee Break & Prayers

12:30 – 14:30
Session 3 Case Analysis (I) and Discussions Case Analysis (II) and Discussions

14:30 – 15:30
Lunch

Day 3
03/06/2009
09:00 – 10:30
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 2 IFSB-3 – A Focus on the Recommended Best Practices

12:00 – 12:30
Coffee Break & Prayers

12:30 – 14:30
Session 3 Case Analysis and Discussions

14:30 – 15:30
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Registration Form

Seminar on Islamic Capital Markets
2009-05-19 08:00 - 2009-05-20 16:30 | Le Meridien Hotel, Pointe Aux Piments, Mauritius
Bank of Mauritius and Financial Services Commission, Mauritius is hosting the Seminar. For more information, please contact Ms. Prudence Lee at prudence@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
18/05/2009
19:00 – 21:00
Welcome Reception

Day 2
19/05/2009
08:00 – 09:30
Registration

09:30 – 10:30
Opening Ceremony

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 1 General characteristics of the Islamic capital market and its role in the Islamic financial services industry

12:00 – 13:00
Session 2 Shari’ah screening process in Islamic capital market

13:00 – 14:30
Lunch and Prayer

14:30 – 15:30
Session 3 An overview of the Sukuk market and their rating methodologies

15:30 – 16:30
Session 4 Case studies on structure of Sukuk

Day 3
20/05/2009
09:00 – 10:30
Session 5 Regulatory framework of the Islamic capital market

10:30 – 11:00
Coffee Break

11:00 – 12:00
Session 6 Corporate Governance for Collective Investment Schemes

12:00 – 12:30
Concluding Remarks

12:30 – 14:00
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Hotel Reservation

3.)

IFSB Article: Role of Capital Markets in the Islamic Financial Services Industry

IFSB - FIS Workshop Series (Jordan): Transparency and Market Discipline | Capital Adequacy
2009-05-18 08:30 - 2009-05-20 15:30 | Central Bank of Jordan, Amman, Jordan
Capital Adequacy Standard Transparency and Market Discipline

Programme – Event Session(s)

Date
Time
Topics

Day 1
18/05/2009
08:30 – 14:30
Registration

09:00 – 10:00
Session 1 An overview of Capital Adequcy Standard

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Measurement of Capital Adequacy Requirements for Credit Risk Examples

12:00 – 12:30
Coffee Break & Prayer

12:30 – 14:30
Session 3 Measurement of Capital Adequacy Requirements for Market Risk (1)

14:30 – 15:30
Lunch

Day 2
19/05/2009
08:30 – 09:00
Registration

09:00 – 10:00
Session 4 Measurement of Capital Adequacy Requirements for Operational Risk CAS Formula

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 5 Case Study

12:00 – 12:30
Coffee Break & Prayer

12:30 – 14:30
Session 6 Case study Discussion & Group Presentations

14:30 – 15:30
Lunch

Day 3
20/05/2009
09:30 – 11:00
Session 1 Definition & Characteristics of TMD Necessary conditions for effective transparency Recommended IIFS Disclosures under TMD and Case Study of Current Practices of Disclosures

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 Recommended IIFS Disclosures under TMD and Case Study of Current Practices of Disclosures (cont’d)

12:30 – 14:00
Lunch

14:00 – 16:00
Session 3 TMD implementation issues and challenges Group Case study and Discussion Individual exercise and Discussion Conclusion

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Registration Form

6th Islamic Financial Services Board Summit: The Future of Islamic Financial Services
2009-05-05 09:30 - 2009-05-08 15:30 | Shangri-La Hotel Singapore, Singapore
The Monetary Authority of Singapore is hosting this Summit. For more information on sponsorship and participation opportunities, please email puteri@ifsb.org / ifsb_sec@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
05/05/2009
09:30 – 11:00
Public Hearing on IFSB Exposure Draft 8 Guiding Principles on Governance for Islamic Insurance (Takaful) Operations

11:00 – 11:30
Coffee Break

11:30 – 13:00
Public Hearing on IFSB Exposure Draft 9 Guiding Principles on Conduct of Business for Institutions Offering Islamic Financial Services

13:00 – 14:00
Lunch

14:00 – 15:30
Public Hearing on IFSB Exposure Draft 10 Guiding Principles on Shari’ah Governance System

Day 2
06/05/2009
11:00 – 11:30
Registration for MALAYSIA Showcase

11:30 – 13:30
Malaysia Showcase & Networking Session

14:00 – 14:30
Registration for KOREA Showcase

14:30 – 16:30
Korea Showcase and Networking Session

20:00 – 22:00
Summit Welcome Dinner Hosted by Monetary Authority of Singapore

Day 3
07/05/2009
08:30 – 09:30
Registration for 6th IFSB Summit

09:30 – 10:30
Opening and Keynote Session

10:30 – 11:00
Networking Session and Coffee Break

11:00 – 12:30
Session 1: The Islamic Financial Services Landscape Where is the Islamic financial services industry (IFSI) in terms of its current level of development and soundness vis-à-vis conventional finance? What is the potential growth of the Islamic financial services industry? Is consolidation among market players and realignment of business structure imminent in view of the nature of the Islamic financial services industry and the need to compete with conventional institutions?

12:30 – 14:00
Lunch & Keynote Address

14:00 – 15:30
Session 2: Competitive Strategies of IFSI Are the current strategies adopted by IFSI market players effective to compete at the global level in the long run? What are the key issues that must be addressed to further raise competitive elements of IIFS? Should there be convergence with conventional financial market to raise the competitiveness of the Islamic financial services industry? What are the roles of the relevant stakeholders in raising the competitiveness of domestic IFSI environment?

15:30 – 16:00
Networking Session and Coffee Break

16:00 – 17:30
Session 3: Role of Non-Banks Financial Institutions (NBFI) in The Future of Islamic Finance Should there be segregation between Islamic capital markets, takaful industry and other non-bank financial institutions and Islamic banking business? Will non-banks financial agencies (insurance firms, securities firms, securities brokers and dealers, finance companies, micro finance institutions, leasing companies, asset management companies etc) have more roles in the future of IFSI? Should there be a convergence and cross sector consolidation of banking and non banking activities in order to enhance IIFS competitiveness? Are there adequate structures, policies and support from the relevant agencies including multilateral agencies to realise the potential of these sectors? What are the challenges and obstacles facing the Islamic capital market and NBFI?

20:00 – 22:00
Summit Gala Dinner & Keynote Address For Registered Summit Participants only

Day 4
08/05/2009
09:30 – 11:30
Session 4: Direction of Regulatory Policies What would be the potential policy issues in view of the convergence of banking and commercial activities of IIFS? What is the effective supervisory structure for Islamic financial services industry in view of the global and cross sectoral nature of the industry? What will be the issues and challenges facing regulatory authorities? What are the key factors to effective government regulation? Should there be harmonisation and minimum standards for regulatory policies? What would be the impact to the IFSI brought about by the changing corporate governance environment and framework?

11:00 – 11:30
Networking Session and Coffee Break

11:30 – 13:00
Session 5: Direction of Development Policies What infrastructures are required to support the future growth of the industry? Who should lead the development initiatives of the industry going forward, regulators or market players? What are the roles of multilateral agencies in the development of IFSI? Can the IFSI develop competitive and sustainable revenue models in the future? What are the impediments in achieving this?

13:00 – 14:00
Lunch and End of Summit

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

6th IFSB Summit Brochure

3.)

6th IFSB Summit Initial Announcement

4.)

6th IFSB Summit Registration Form (pdf format)

5.)

6th Summit Registration Form (word format)

Seminar on Prudential and Governance Framework for Islamic Finance
2009-04-15 09:00 - 2009-04-16 17:00 | Al Sonbok Hall, SHARQ Village & Spa, Doha, Qatar
This Seminar is jointly organised with Qatar Faculty of Islamic Studies (QFIS). For more information, please contact Mr. Abdulla Alhawal Tel: +974 454 6565 Fax: +974 454 6576 email: aalhawal@qf.org.qa

Programme – Event Session(s)

Date
Time
Topics

Day 1
15/04/2009
09:00 – 09:30
Registration

09:30 – 10:00
Welcoming Remarks

10:00 – 11:00
Keynote Address Prudential Requirements for Institutions offering Islamic financial services (IIFS)

11:00 – 11:30
Morning coffee and Networking break

11:30 – 12:45
Session 1 Corporate Governance of IIFS

12:45 – 14:00
Lunch & Zuhr Prayer

14:00 – 15:15
Session 2 Governance for Takāful Operations

15:15 – 16:30
Session 3 Sharī’ah Governance

16:30 – 17:00
Afternoon Tea and End of first day

Day 2
16/04/2009
09:30 – 10:45
Session 4 Legal Issues and Challenges facing IIFS

10:45 – 11:15
Morning coffee and Networking break

11:15 – 12:30
Session 5 Sukūk & Rating Methodologies of External Credit Rating Agencies

12:30 – 13:30
Roundup Discussion

13:30 – 14:30
Lunch and End of Seminar

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Press Release (Arabic Version) – From QFIS

3.)

Press Release (English Version) – From QFIS

4.)

Registration Form (Arabic Version)

5.)

Registration Form (English Version)

7th Meeting of the General Assembly
2009-03-31 08:00 - 17:00 | Four Seasons Hotel Riyadh, The Kingdom of Saudi Arabia, Riyadh, Saudi Arabia
Hosted by the Saudi Arabian Monetary Authority – Open to Members of the IFSB only – Please email ifsb_sec@ifsb.org for more information.

IFSB Annual Meetings
2009-03-31 08:00 - 17:00 | –, Bali, Indonesia
14th Meeting of the Council of the IFSB 7th Meeting of the General Assembly Hosted by the Saudi Arabian Monetary Authority – Open to Members of the IFSB only – Please email ifsb_sec@ifsb.org for more information.

3rd Islamic Financial Services Forum: The European Challenge
2009-03-04 08:30 - 17:30 | The Westin Paris, Paris, France
This Forum is jointly organised with the Financial Stability Institute and hosted by Banque de France. For more information, please email diana@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
04/03/2009
08:30 – 09:00
Registration

09:00 – 09:30
Opening and Keynote Session

09:30 – 10:30
Session 1 – Risks associated with liquidity in the Islamic financial services industry

10:30 – 11:00
Coffee break

11:00 – 12:30
Session 2: Infrastructures for managing liquidity and liquidity risks

12:30 – 13:30
Lunch

13:30 – 14:30
Session 3: Legal, Shariah and regulatory issues in liquidity management

14:30 – 15:30
Session 4: Case Study: IFSI liquidity management approaches in selected countries

15:30 – 16:00
Coffee Break

16:00 – 17:30
Session 5: Development of a liquidity management framework for the Islamic financial services industry

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Brochure: IFSB European Challenges Forum 2009

3.)

Participant Registration Form

4.)

Westin Hotel Reservation Form

IFSB - FIS Workshop Series (Pakistan): Risk Management/Corporate Governance/ Supervisory Review Process
2009-02-23 09:00 - 2009-02-25 16:00 | State Bank of Pakistan, Karachi, Pakistan
Risk Management Corporate Governance Supervisory Review Process

Programme – Event Session(s)

Date
Time
Topics

Day 1
23/02/2009
09:00 – 09:30
Registration

09:30 – 11:00
Session 1 Risk Management and Basel II Framework-Background Credit Risk Equity Investment Risk

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 Market Risk Liquidity Risk Rate of Return Risk

12:30 – 13:30
Coffee Break & Prayer

13:30 – 14:30
Session 3 Operational Risk Case Analysis (I) and Discussions

14:30 – 15:00
Lunch

15:00 – 16:00
Session 4 Case Analysis (II) and Discussions

Day 2
24/02/2009
09:30 – 11:00
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 IFSB-3 – A focus on the Recommended Best Practices

12:30 – 13:30
Lunch & Prayer

13:30 – 14:30
Session 3 Case Analysis (I) and Discussions

14:30 – 15:00
Coffee Break

15:00 – 16:00
Session 3 Case Analysis (II) and Discussions

Day 3
25/02/2009
09:30 – 11:00
Session 1 • An overview of Supervisory Review Process Standard Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Risk Management and Corporate Governance (RM, CG, Audit and Compliance)

11:00 – 11:30
Coffee Break

11:30 – 12:30
Session 2 Related Party Transactions Transparency and Market Discipline Consolidated and Home-host Supervision Window Operations Real Estate Investments

12:30 – 13:30
Lunch & Prayer

13:30 – 14:30
Session 3 Case Analysis (I) & Discussion

14:30 – 15:00
Coffee Break

15:00 – 16:00
Session 4 Case Analysis (II) & Discussion

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2nd Public Lecture on Financial Policy and Stability
2009-02-08 09:00 - 13:00
The Public Lecture is held in conjunction with the 50th Anniversary of Bank Negara Malaysia. The Speakers are: – H.E. Yves Mersch, Governor, Central Bank of Luxembourg – Dr. Abbas Mirakhor, former Dean of International Monetary Funds Executive Board REGISTRATION FOR THE PUBLIC LECTURE HAS BEEN CLOSED.

Programme – Event Session(s)

Date
Time
Topics

Day 1
08/02/2009
09:00 – 09:30
Registration

09:30 – 10:30
2nd Islamic Financial Services Board Public Lecture on Financial Policy and Stability Lecture 1 by H.E. Yves Mersch – Governor, Central Bank of Luxembourg

10:30 – 11:00
Coffee break

11:00 – 12:00
2nd Islamic Financial Services Board Public Lecture on Financial Policy and Lecture 2 by Dr. Abbas Mirakhor – Former Dean of International Monetary Funds Executive Board

12:00 – 13:00
Lunch (End of Public Lecture)

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

IFSB Public Lecture on Financial Policy and Stability: PROGRAMME

IFSB - FIS Workshop Series (Bahrain): Risk Management | Corporate Governance | Supervisory Review Process
2009-02-03 08:30 - 2009-02-05 15:30 | Central Bank of Bahrain, Manama, Bahrain
Risk Management Corporate Governance Supervisory Review Process

Programme – Event Session(s)

Date
Time
Topics

Day 1
03/02/2009
08:30 – 09:00
Registration

09:00 – 10:00
Session 1 Risk Management and Basel II Framework – Background Credit Risk Equity Investment Risk

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Market Risk Liquidity Risk Rate of Return Risk

12:00 – 12:30
Coffee Break & Prayer

12:30 – 14:30
Session 3 Operational Risk Case Analysis (I) and Discussions Case Analysis (II) and Discussions

14:30 – 15:30
Lunch

Day 2
04/02/2009
09:00 – 10:00
Session 1 Guiding Principles on Corporate Governance for Institutions offering only Islamic Financial Services (IFSB-3) – An Overview

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 IFSB-3 – A focus on the Recommended Best Practices

12:00 – 12:30
Coffee Break & Prayer

12:30 – 14:30
Session 3 Case Analysis (I) and Discussions Case Analysis (II) and Discussions

14:30 – 15:30
Lunch

Day 3
05/02/2009
09:00 – 10:00
Session 1 An overview of Supervisory Review Process Standard Infrastructure for Effective Supervision Regulatory Capital Requirements Treatment of IAH Risk Management and Corporate Governance (RM, CG, Audit and Compliance)

10:00 – 10:30
Coffee Break

10:30 – 12:00
Session 2 Related Part Transactions Transparency and Market Discipline Consolidated and Home -host Supervision Window Operations Real Estate Investments

12:00 – 12:30
Coffee Break & Prayer

12:30 – 14:30
Session 3 Case Analysis (I) and Discussions Case Analysis (II) and Discussions

14:30 – 15:30
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Registration Form

Seminar on Islamic Finance
2009-01-13 09:00 - 2009-01-14 21:00 | Lotte Hotel Seoul, Seoul, Korea, Democratic People's Republic of
This Seminar is jointly organised with the Financial Services Commission / Financial Supervisory Service of Korea.

Programme – Event Session(s)

Date
Time
Topics

Day 1
13/01/2009
TEST2

09:00 – 09:30
Registration

09:30 – 10:30
Opening & Keynote Session

10:30 – 11:00
Coffee Break

11:00 – 12:30
Session 1: Overview of the Islamic Financial Services Industry (IFSI) Perspectives of Regulators This session will see regulators and market players from the respective IFSI sectors i.e. banking, capital market and insurance discussing their area of focus. It will highlight the challenges faced by these stakeholders in facilitating the development of the IFSI business sector in regulating them effectively.

12:30 – 13:30
Lunch

13:30 – 15:00
Session 2: Operational and business structural issues in starting an Islamic financial services unit This session aims to discuss the relevant operational and business structural issues faced by IFSI stakeholders in developing an Islamic financial services unit. Market players from the banking, capital market and insurance sectors will highlight the approaches taken by them to develop their Islamic financial services unit within the existing industry, legal and regulatory structure.

15:00 – 15:30
Coffee Break

15:30 – 17:00
Session 3: Current issues facing IFSI – Shariah, Legal and Business Development The session will discuss the current and pertinent Shariah, legal and business development issues in the IFSI currently being faced by the IFSI market players and how they are managing these issues in their day-to-day operations.

19:00 – 21:00
Gala Dinner

Day 2
14/01/2009
TEST1

09:30 – 11:00
Session 4: Case studies on Sukuk issuance The case studies will discuss the objectives and approaches of the relevant organisations in issuing out Sukuk instruments at the global level. The session aims to highlight the relevant building blocks that must be put out in place to enable an organisation to issue Sukuk successfully.

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5: Islamic Finance: Challenges and opportunities for Korea (Panel Discussion) The session aims to highlight the business, legal and regulatory structure that must be established for Korea to set up its own IFSI. It will also highlight the potential of Korea and the role of its stakeholders in the effort.

13:00 – 14:00
Lunch

Downloadable Document(s)

1.)

Event Session(s) – PDF Format

2.)

Hotel Reservation Form

3.)

Registration Form (English)

4.)

Registration Form (Korean)
