Date : 15 February 2021 (Monday) Time : 4:30 – 6:30 pm (MYT) Sector : Islamic banking Topic : IFSB-17: Core Principles for Islamic Finance Regulation (CPIFR Related to Prudential Regulations and Requirements for IIFS)   Overview The main objective of the Core Principles for Islamic Finance Regulations – CPIFR is to provide a foundation for regulatory and supervisory authorities to regulate Islamic financial services industry with consideration the specificities of the IIFS in the banking segment and the lessons learned from the financial crisis, and complementing the existing international standards, principally the BCBS’s Core Principles for Effective Banking Supervision (Basel Core Principles, or BCPs). In this online FIS Workshop IFSB will address three CPIFR, covering Transactions with related parties, Treatment of Investment account holders (IAHs) and Islamic windows operations. FIS Workshop facilitator will discuss how core principles requirements help to prevent abuses arising in transactions with related parties and to take measures on the risk of conflict of interest. During the session participants will get understanding on regulatory treatment, governance and disclosures, capital adequacy and associated risk-absorbency features related to IAH’s. Moreover Islamic windows operations, their permitted forms, supervisory review process will be also covered. The facilitator will also share with some Case studies and open floor to Q&A to bring more interactivity to the session.   ***REGISTRATION IS OPEN FOR MEMBERS ONLY***

Date : 18 February 2021 (Thursday) Time : 4:30 – 6:30 pm (MYT) Sector : Islamic banking Topic : IFSB-16: Supervisory Review Process (Governance and Risk Management) Overview A core element of any supervisory review process is to assess financial institutions’ governance decision structures and processes. At the same time supervisory review process must not only ensure that financial institution have adequate capital to support all their business risks, but also stimulate them to develop and use better risk management and techniques within their risk management processes. When it comes to the institutions offering Islamic financial services there should be additional requirements in order to address elements that are specific to Islamic finance, including risk characteristics and issues relating to Shariah compliance. Within this session IFSB will address relevant corporate governance issues as well as supervisory implications related to the Shariah governance. Since the risk culture in IIFS is a very complex topic, facilitator will also cover principles of risk management in IIFS and various categories of risk that IIFS face in their operations. We believe this FIS workshop will be particularly beneficial due to case studies that will be discussed with the participants.   ***REGISTRATION IS OPEN FOR MEMBERS ONLY***

Date : 25 February 2021 (Thursday) Time : 4:30 – 6:30 pm (MYT) Sector : Islamic banking Topic : IFSB-3: Corporate Governance for IIFS   Overview Despite a very rapid development of Islamic finance worldwide, it should not be forgotten that in many countries Islamic financial services industry is still in its infancy. To be able to successfully meet all challenges that Islamic finance services industry faces, it needs to have comprehensive regulation and supervision, risk management and corporate governance frameworks. With this e-workshop session, IFSB Secretariat would like to address one of the most crucial aspects of IIFS – a Corporate Governance. Our facilitator will introduce you to guiding principles of prudential requirement in the area of Corporate Governance. IFSB’s Guiding Principles are designed to facilitate IIFS in identifying areas where appropriate governance structures and processes are required, and to recommend best practices in addressing these issues. During the session you will get understanding on issues of Corporate Governance specific to IIFS, the General Governance Approach from IFSB-3 standards perspective and how IIFS shall acknowledge rights of Investment Account Holders. The session will also clarify how compliance with Shariah rules and principles and Transparency of financial reporting are integral part of Corporate Governance for IIFS.   ***REGISTRATION IS OPEN FOR MEMBERS ONLY***

Date: Thursday, 18 March 2021 Time: 4:30 – 6:30 (MYT) Sector: Islamic Capital Market Topic: IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukuk and ICIS) Overview Sukuk is one of the fastest growing segment of Islamic capital market (ICM) and attracts global investors due to its unique structure and features. With 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. Moreover, 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.   ***REGISTRATION IS OPEN FOR MEMBERS ONLY***