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BEGIN:VEVENT
DTSTART;TZID=UTC:20160412T030000
DTEND;TZID=UTC:20160412T170000
DTSTAMP:20260404T045036
CREATED:20160411T225814Z
LAST-MODIFIED:20231228T011955Z
UID:11674-1460430000-1460480400@www.ifsb.org
SUMMARY:13th Islamic Financial Stability Forum : Consumer Protection in Islamic Finance
DESCRIPTION:Programme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n12/04/2016\n15:00 – 15:10\nChairman’s Remarks H.E. Tarek Hassan Ali Amer\, Governor\, The Central Bank of Egypt\n\n\n15:10 – 16:10\nPresentation on Consumer Protection in Islamic Finance Speaker: Professor Dr. Volker Nienhaus\, Former President of the University of Marburg\, Germany\, and Consultant to the Islamic Financial Services Board Discussant: Ms. Nariman Abdulla Kamber Al Awadhi\, Chief Manager\, Consumer Protection Division\, Banking Supervision Department\, Central Bank of the United Arab Emirates Mr. Khairul Nizam\, Chief Operating Officer\, Finance Accreditation Agency\, Malaysia\n\n\n16:10 – 16:30\nDiscussion and Q&A Session\n\n\n16:30 – 17:00\nCoffee and Networking Break End of Forum\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00309-13th-islamic-financial-stability-forum-consumer-protection-in-islamic-finance/
LOCATION:Cairo\, Cairo\, Egypt\, Egypt
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20160410T083000
DTEND;TZID=UTC:20160412T173000
DTSTAMP:20260404T045036
CREATED:20160409T230200Z
LAST-MODIFIED:20231228T015139Z
UID:11680-1460277000-1460482200@www.ifsb.org
SUMMARY:IFSB Annual Meetings 2016: 28th Meeting of the Council\, 14th General Assembly of the Islamic Financial Services Board & Other Events (Seminar on Islamic Capital Market)
DESCRIPTION:The IFSB Annual Meetings 2016 is hosted by the Central Bank of Egypt.\n\nThe 28th Meeting of the Council\, 14th General Assembly of the IFSB\, 13th Islamic Financial Stability Forum and Welcome Dinner is by invitation only. For more information on the meetings and dinner\, please email the following Secretariat in charge:\n\n1) Council Meeting\, General Assembly and Welcome Dinner: Ms. Nur Khairun Nissa Md Zawawi (email: khairun.nissa@ifsb.org)\n\n2) 13th Islamic Financial Stability Forum: Ms. Yazmin Aziz (email: yazmin@ifsb.org)\n\nThe following Side Events will also be held in conjuction with the IFSB Annual Meetings 2016.\n\n1) IFSB Seminar on Islamic Capital Markets: Mrs. Ida Shafinaz Ab. Malek (email: ida.shafinaz@ifsb.org)\n\n2) 8th IFSB Public Lecture on Financial Policy and Stability: Mrs. Ida Shafinaz Ab. Malek (email: ida.shafinaz@ifsb.org)\n\n3) Meet the Members and Industry Engagement Session: Mr. Ifran Tarmizi (email: ifran@ifsb.org)\n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe IFSB organised four Side Events in conjunction with the IFSB Annual Meetings 2016 on 10 – 12 April 2016 in Cairo\, Egypt\, hosted by Central Bank of Egypt.\n\nThe first event was a Seminar on Islamic Capital Market\, held on 10 April 2016. Themed “Supporting Development through Sukūk: Prospects and Initiatives”\, the Seminar aimed to provide an interactive environment enabling speakers and participants to explore the prospective role of Sukūk in social and economic development through the aforementioned roles. The Seminar offered perspectives of Sukūk that revolved around the key challenges.\n\nMr. Gamal Negm\, Deputy Governor\, Central Bank of Egypt and Mr. Jaseem Ahmed\, Secretary General of the IFSB delivered the opening and welcoming speeches respectively. The keynote address was delivered by H.E. Sherif S. Samy\, Chairman of the Egyptian Financial Supervisory Authority.\n\nFourteen chairpersons and speakers from among regulators and market players sector discussed the following issues at the Seminar:-\n\n 	Development of the Sukūk Sector: Legal and Regulatory Considerations\n 	Panel Discussion – Sukūk for Budgetary and Financial Sector Support: Structures and Country Examples\n 	Sukūk for Infrastructure Financing: Prospects and Case Studies\n 	Panel Discussion on Building Synergies for Sukūk Issuances\n\nOver 100 delegates from 16 jurisdictions among the IFSB member and non-member organisations – representatives from market players\, regulatory bodies\, international agencies as well as academia and other interested parties from the public attended this Seminar.\n\nOn 11 April 2016\, the IFSB organised its 8th Public Lecture on Financial Policy and Stability. The Lecture\, delivered by Dr. Sami Al Suwailem\, Head\, Financial Product Development Center\, Islamic Development Bank carried the theme\, Morality\, Rationality and Financial Stability.\n\nMr. Jaseem Ahmed and Mr. Tarek Fayed\, Sub Governor\, Central Bank of Egypt delivered the opening and welcoming speeches. The Lecture saw the attendance of 100 participants from among the IFSB members\, regulatory and supervisory bodies\, as well as the government\, private\, legal and educational sectors in Egypt.\n\nThe Public Lecture was followed by a Members and Industry Engagement Session which aimed to provide a platform for the IFSB members and greater financial community an insight and update into the work of the IFSB\, its relevance to the development of the global industry\, and the role the stakeholders (members and non-members) can play in this development.\n\nThe session was attended by 50 participants consisting of the IFSB members and the Egyptian local financial community\, where Mr. Tarek Fayed delivered the Opening Remarks. The Opening Remarks was followed by a presentation titled\, Global Outlook of Islamic Finance\, by Mr. Jaseem Ahmed\, Mr. Zahid Ur Rehman Khokher\, Assistant Secretary-General of the IFSB also delivered a presentation titled\, Stakeholders Engagement in Supporting the Sound Development of Islamic Financial Services Industry.\n\nThe 13th Islamic Financial Stability Forum was held on 12 April 2016\, after the IFSB Council and General Assembly meetings. The topic of this year’s IFSF was Consumer Protection in Islamic Finance.\n\nProfessor Volker Nienhaus\, Former President\, University of Marburg\, Germany\, and IFSB Consultant was the speaker of the 13th IFSF and presented the topic\, Consumer Protection in Islamic Finance. His presentation\, which is based on an IFSB Working Paper series\, Financial Consumer Protection in Islamic Finance stated that most of the issues in consumer protection covers both conventional and Islamic segments of the financial system. The discussants were Ms. Nariman Abdulla Kamber Al Awadhi\, Chief Manager\, Consumer Protection Unit\, Central Bank of the United Arab Emirates and Mr. Khairul Nizam\, Chief Operating Officer\, Finance Accreditation Agency\, Malaysia.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n10/04/2016\nSEMINAR ON ISLAMIC CAPITAL MARKET (OPEN SESSION)\n\n\n08:30 – 09:30\nRegistration\n\n\n09:30 – 10:30\nWelcoming Remarks and Keynote\n\n\n10:30 – 11:00\nCoffee break\n\n\n11:00 – 12:15\nSession 1: Development of the Sukūk Sector: Legal and Regulatory Considerations As one of the fastest growing segments of the Islamic financial services industry\, the Sukūk market poses important legal and regulatory challenges. One of the most important legal issues of the Sukūk market is the different legal treatments for asset-based and asset-backed Sukūk structures and their effects on risks\, particularly legal risk\, that are endogenous to a particular Sukūk issuance. Furthermore\, in view of the potential multi-national investor base and the global appeal of these instruments\, the standardisation of the structures and processes along with the legal and tax treatment in different jurisdictions\, the set-up of effective mechanisms for dispute resolution\, and enforceability of the Sukūk contracts are also important issues that feature as determinants of the attractiveness of the instrument and jurisdiction. Apart from the legal issues\, the provision of a sound regulatory and supervisory regime is critical in order to ensure that the Sukūk instruments comply with key consumer protection aspects as well as operate in an environment that limits the exposure to system-wide risks.\n\n\n12:15 – 13:30\nSession 2: Sukūk for Budgetary and Financial Sector Support: Structures and Country Examples Since the GFC\, the share of Sukūk issued by sovereigns\, quasi-sovereigns (Ministries/Central Banks\, etc.) and government-related entities (GREs) has risen noticeably from 2009 onwards\, accounting for more than two-thirds of issuances in the primary market. These funds have been raised to support a variety of state budgetary needs including to fund development expenditures\, as well as to support a smooth functioning of the country’s Islamic financial system. Moreover\, a steady supply of Sovereign/GRE Sukūk has had the complementary advantage of providing much-needed Sharī`ah-compliant investment avenues to various Takāful and Islamic fund management institutions. Furthermore\, sovereign or quasi-sovereign Sukūk are eligible as high-quality liquid assets for regulatory purposes related to capital-adequacy and liquidity management by Islamic banks. These Sukūk also provide a pricing benchmark for other potential Sukūk issuers (Corporates) in the country. Given the interrelated advantages for a regular state-sponsored Sukūk programme\, it is important to understand the developmental aspects and financial infrastructure dimensions which are critical to support such initiatives by a jurisdiction. In this regard\, lessons can be learned from the experience of countries that already have regular sovereign-linked Sukūk issuance programmes in place.\n\n\n13:30 – 14:30\nLunch and Prayers\n\n\n14:30 – 15:45\nSession 3: Sukūk for Infrastructure Financing: Prospects and Case Studies The global decline in the supply of syndicated bank loans and project financing by the banking sector for the infrastructure projects in the post-crisis era\, mostly due to deleveraging and additional capital requirements\, has widened the infrastructure funding gap in the context of expanding socio-economic needs and goals. In such an environment\, Sukūk\, with its tangible asset base\, and appeal to a wide set of investors\, can be an attractive form of financing that complements traditional financing. Indeed\, appropriately structured Sukūk\, with its risk sharing characteristics\, may help to address key impediments to financing of infrastructure in the form of construction risk and equity concentration risk. In this respect\, Asia with its rapidly growing population\, the MENA region with its drive for upgrading its infrastructure services and Africa as an untapped market with acute infrastructure investment needs are the principal regions in which the potential Sukūk market is expanding.\n\n\n15:45 – 16:15\nCoffee break\n\n\n16:15 – 17:30\nSession 4: Panel Discussion on Building Synergies for Sukūk Issuances The panel will address the challenge and opportunities for Islamic finance\, and in particular for Sukuk\, in an environment in which commodity prices have fallen\, budgets are in need of alternative financing sources\, and new regulatory requirements come into place for active and deep financial markets under Basel III. The panel will seek to develop insights and proposals for both policy makers and the private sector from the perspective of development of Sukūk markets\, and meeting the increased demand for Sukūk issuances. In particular\, the panel will examine the potential for public-private synergies in the development of a Sukūk-friendly legal and regulatory framework\, and for a sound supportive institutional structure\, as well as for knowledge sharing and capacity development goals.\n\n\nDay 2\n11/04/2016\n8TH IFSB PUBLIC LECTURE ON FINANCIAL POLICY AND STABILITY (OPEN SESSION)\n\n\n08:30 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Remarks\n\n\n09:45 – 11:00\nLecture – Morality\, Rationality and Financial Stability\n\n\n11:00 – 11:30\nCoffee Break and Networking\n\n\n12:30 – 14:30\nMeet the Members and Industry Engagement Session – Lunch (Open Session – Industry and Market Players)\n\n\n20:00 – 22:00\nWelcome Dinner (IFSB Members Organisation ONLY)\n\n\nDay 3\n12/04/2016\n09:00 – 12:30\n28th Meeting of the Council of the IFSB (Full and Council Members of the IFSB ONLY)\n\n\n12:30 – 13:30\n14th General Assembly (IFSB Members Organisation ONLY)\n\n\n13:30 – 15:00\nLunch\n\n\n15:00 – 16:30\n13th Islamic Financial Stability Forum (For IFSB Council and Full members\, Regulatory Authorities and International Organisations ONLY) Theme: Consumer Protection in Islamic Finance The 13th Islamic Financial Stability Forum will seek to examine and draw on experiences in developing consumer protection frameworks for Islamic Financial Services Industry and identifying opportunities and direction for future work in this critical areas. Speaker: Professor Dr. Volker Nienhaus\, Consultant\, Islamic Financial Services Board (IFSB)\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nEvent Brochure
URL:https://www.ifsb.org/event/eve00274-ifsb-annual-meetings-2016-28th-meeting-of-the-council-14th-general-assembly-of-the-islamic-financial-services-board-other-events-seminar-on-islamic-capital-market/
LOCATION:Tutankhamun 1\, JW Marriott Hotel\, Cairo\, Egypt\, Cairo\, Egypt
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20160328T080000
DTEND;TZID=UTC:20160331T153000
DTSTAMP:20260404T045036
CREATED:20160327T230849Z
LAST-MODIFIED:20231228T015156Z
UID:11687-1459152000-1459438200@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Oman)
DESCRIPTION:This 4-day workshop is tailored for the regulatory and supervisory authorities and will cover the following IFSB Standards:\n\n 	IFSB-15: Revised Capital Adequacy Standard for Institutions Offering only Islamic Financial Services (IIFS)\n 	IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS\n\nOverall\, this Workshop aims to:\n\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. \n\n\nThis Workshop is hosted by Central Bank of Oman and participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n28/03/2016\n08:00 – 08:30\nRegistration\n\n\n08:30 – 09:00\nOpening Remarks and Group Photo\n\n\n09:00 – 10:30\nSession 1: IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS) Components of Capital Capital Conservation Buffer Countercyclical Buffer Case Study on Components of Capital for IIFS\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 2: IFSB-15: Revised Capital Adequacy Standard for IIFS Leverage Ratio Domestic Systemically Important Banks Case Study on Leverage Ratio Case Study on Countercyclical Buffer\n\n\n12:30 – 13:30\nLunch and Prayer\n\n\n13:30 – 15:30\nSession 3: IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets\n\n\nDay 2\n29/03/2016\n08:30 – 10:00\nSession 4: IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Market Risk in Islamic Finance Policies and Procedures for Market risk Guidance on Valuation Practices Group Exercise\n\n\n12:00 – 13:00\nLunch and Prayer\n\n\n13:00 – 15:00\nSession 6: IFSB-15: Revised Capital Adequacy Standard for IIFS Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise\n\n\nDay 3\n30/03/2016\n08:30 – 10:00\nSession 7: IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation in Sukūk Securitisation Process for Sukūk Role of IIFS in Sukūk Securitisation Credit Enhancement Mechanisms for Sukūk\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 8: IFSB-15: Revised Capital Adequacy Standard for IIFS Regulatory Capital for Sukūk in IIFS Capital Requirements for Sukūk Retained Securitisation Exposure Case Study\n\n\n12:00 – 13:00\nLunch and Prayer\n\n\n13:00 – 15:00\nSession 9: IFSB-15: Revised Capital Adequacy Standard for IIFS Current Regulatory Environment of Real Estate Activities Risk Exposures in Real Estate Activities Supervision of Real Estate Activities Risk-Weighting of Real Estate Exposures\n\n\nDay 4\n31/03/2016\n08:30 – 10:00\nSession 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions\, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 11: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability\n\n\n12:00 – 13:00\nLunch and Prayer\n\n\n13:00 – 15:00\nSession 12: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Corporate and Shariah Governance Transparency and Market Discipline Consolidated and Home-host Supervision Case Study\n\n\n15:00 – 15:30\nClosing & Certificate Giving Ceremony\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00270-ifsb-fis-workshop-series-oman/
LOCATION:Crowne Plaza Muscat\, Oman\, Muscat\, Oman
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20160314T090000
DTEND;TZID=UTC:20160315T173000
DTSTAMP:20260404T045036
CREATED:20160313T221800Z
LAST-MODIFIED:20231228T015204Z
UID:12766-1457946000-1458063000@www.ifsb.org
SUMMARY:2nd IFSB Seminar On Legal Issues In Islamic Financial Services Industry
DESCRIPTION:Theme: Towards an Effective Legal Framework for Islamic Finance: Asset Securitisation and Insolvency The 2nd Seminar on Legal Issues in the Islamic Financial Services Industry will focus on two subjects of immediate relevance\, sukuk and insolvency. Experts in Shari`ah\, law and industry will give presentation on these subjects as they grow increasingly important for the future of Islamic finance in general and the treasuries of Islamic financial institutions in particular. \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n14/03/2006\n09:00 – 09:45\nOpening and Keynote\n\n\n09:45 – 10:45\nSession 1: A General Survey of Legal Issues in Islamic Finance The scope of Islamic banking laws The relationship of legal infrastructure to product development and risk management Islamic banks in takaful and capital markets Preconditions for effective bank supervision Sukuk structures and the capital markets Islamic bank insolvency and default The objectives of the conference The conduct of the conference\n\n\n11:00 – 12:00\nSession 2: Case Study 1: Sovereign and Inter-Governmental Organizations Sukuk Securitization Structure: Shari’ah Issues Legal Structure Market Acceptance Outcome\n\n\n12:00 – 13:30\nSession 3: Case Study 2: Sovereign and Inter-Governmental Organizations Sukuk – Analysis Syndication and Funding Credit Enhancement Rating Risk Secondary Market Potential Shari’ah-related Considerations Jurisdiction-related Considerations\n\n\n15:00 – 16:00\nSession 4: Case Study 1: Corporate Sukuk Securitization Structure: Shari’ah Issues Legal Structure Market Acceptance Outcome\n\n\n16:15 – 17:30\nSession 5: Case Study 2: Corporate Sukuk – Analysis Syndication and Funding Credit Enhancement Rating Risk Secondary Market Potential Shari’ah-related Considerations Jurisdiction-related Considerations\n\n\nDay 2\n15/03/2006\n09:00 – 10:20\nSession 6: The Future for Sukuk Expanding Enabling Legislation Dealing with Restrictions on Foreign Ownership Expanding Enabling Infrastucture: Trusts and SPVs Cross Border Issues Islamic Money Market Instruments and Liquidity Management Risk Management and Monetary Policy Product Innovation Ratings and Shari`ah Risk\n\n\n10:45 – 12:00\nSession 7: Insolvency in Islamic Financial Institutions: A Survey of Relevant Legislation GCC Islamic banks Eastern Islamic banks Western Islamic banks The concepts of iflas and hajr al-madin and their consequences Responsibilities of IFIs to investment account holders and equity owners Responsibilities of IFIs to debtors\n\n\n14:30 – 16:00\nClosing Session: Panel Discussion on Preconditions for Effective Supervision and Stability Key Conclusions of the Conference Components of an Effective Legal Framework for Islamic Finance Supervision\, Risk Management\, and International Standards\n\n\n\nDownloadable Document(s) \n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00028-2nd-ifsb-seminar-on-legal-issues-in-islamic-financial-services-industry/
LOCATION:The Landmark London Hotel\, London\, 222 Marylebone Rd\, London NW1 6JQ\, London\, UK\, United Kingdom
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20160223T093000
DTEND;TZID=UTC:20160225T163000
DTSTAMP:20260404T045036
CREATED:20160222T231237Z
LAST-MODIFIED:20231228T015211Z
UID:11693-1456219800-1456417800@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series - Takaful (Nigeria)
DESCRIPTION:This 3-day workshop is tailored for the Regulatory and Supervisory Authorities for the Takāful sector and will cover topics on introduction to Islamic finance and Takāful as well as the following IFSB Standards:\n\n 	IFSB-8: Guiding Principles on Governance for Takāful Undertakings\n 	IFSB-11: Standard on Solvency Requirements for Takāful Undertakings\n 	IFSB-14: Standard on Risk Management for Takāful Undertakings\n\n \nOverall\, this Workshop aims to:\n\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. \n\nThis Workshop is hosted by the National Insurance Commission (NAICOM) and participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n23/02/2016\n09:30 – 09:30\nRegistration\n\n\n09:30 – 09:45\nWelcoming Remarks\n\n\n09:45 – 11:00\nSession 1: Introduction to Islamic Finance and Takāful (Islamic Insurance) Introduction to Takāful Takāful Models Issues Faced by Takāful Operators\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-8: Guiding Principles on Governance for Takāful Undertakings Why Governance for Takāful Undertakings? Reinforcement of Relevant Good Governance Practices A Balanced Approach for Fair Treatment\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3: IFSB-8: Guiding Principles on Governance for Takāful Undertakings Governance Structure for Participants Procedures for Proper Disclosure Case Studies\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 2\n24/02/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 4: IFSB-11: Standard on Solvency Requirements for Takāful Undertakings Specificities of Solvency Requirements for Takāful Total Balance Sheet Approach Adequate Solvency Resources\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-11: Standard on Solvency Requirements for Takāful Undertakings Establish Solvency Control Levels Quality / Suitability of Solvency Resources Comprehensive Risk Management Framework\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6: IFSB-11: Standard on Solvency Requirements for Takāful Undertakings Supervisory Review of Risk Management Framework Public Disclosure of Solvency Information Case Studies\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 3\n25/02/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 7: IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Specificities of Takāful Undertakings Relevant to Risk Management Ownership of Risk Fund Significant Risks of Particular Relevance to Takāful\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Significant Risks of Particular Relevance to Takāful (Cont’d) Enterprise Risk Management Risk Governance Framework\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9: IFSB-14: Guiding Principle on Risk Management for Takāful Undertakings Key elements in the supervisory review process of risk management for Takāful undertakings Systemic Risk Considerations Case Study\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:45\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00269-ifsb-fis-workshop-series-takaful-nigeria/
LOCATION:Chelsea Hotel\, Mohammadu Buhari Way\, Abuja\, Nigeria\, Abuja\, Nigeria
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:20160223T090000
DTEND;TZID=UTC:20160226T161500
DTSTAMP:20260404T045036
CREATED:20160222T185514Z
LAST-MODIFIED:20231228T015218Z
UID:12012-1456218000-1456503300@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series - Banking (Nigeria)
DESCRIPTION:This 4-day workshop is tailored for the Regulatory and Supervisory Authorities and the market players for the banking sector. The workshop will discuss the following IFSB Standards:\n\n 	IFSB-15: Revised Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n 	IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS \n\nOverall\, this Workshop aims to:\n\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. \n\n\nThis Workshop is hosted by the Central Bank of Nigeria and participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n23/02/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Session\n\n\n09:45 – 11:00\nSession 1: IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS) Components of Capital Capital Conservation Buffer Countercyclical Buffer Case Study on Components of Capital for IIFS\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio Case Study on Countercyclical Buffer\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n24/02/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 4: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Credit Risk Mitigation Credit Risk Mitigation Techniques Commonly Used by IIFS Credit Risk Mitigation Approaches Recognition of Ratings by External Credit Assessment Institution\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Understanding Market Risk in Islamic Finance Policies and Procedures for the Management of Market risk Guidance on Valuation Practices Group Exercise\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Understanding Operational Risk in Islamic Finance Measuring Operational Risks Sharī`ah Non-compliance Risk Group Exercise\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n25/02/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 7: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Current Regulatory Environment of Real Estate Activities Supervision of Real Estate Activities Features of Sukūk and Securitisation Securitisation Process for Sukūk Structuring\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Capital Requirements for Sukūk Holdings of Sukūk by IIFS (IIFS investor) Retained Securitisation Exposure (IIFS originator) Case Studies\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS – Continued Supervisory Preconditions\, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Regulatory Capital Requirements Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 4\n26/02/2016\n08:00 – 08:30\nRegistration\n\n\n08:30 – 10:00\nSession 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS – Continued Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 11: IFSB-15: Revised Capital Adequacy Standard for IIFS – Continued Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study\n\n\n12:00 – 12:30\nClosing & Certificate Giving Ceremony\n\n\n12:30 – 14:00\nLunch and Prayer\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00267-ifsb-fis-workshop-series-banking-nigeria-2/
LOCATION:Chelsea Hotel Abuja\, abuja\, Nigeria
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:20160128T090000
DTEND;TZID=UTC:20160128T123000
DTSTAMP:20260404T045036
CREATED:20160127T231838Z
LAST-MODIFIED:20231228T015225Z
UID:11700-1453971600-1453984200@www.ifsb.org
SUMMARY:IFSB Industry Engagement Session: Global Outlook of Islamic Finance
DESCRIPTION:The IFSB Industry Engagement Session is an initiative by the Secretariat to provide an interactive platform for communication between the key players of the Islamic financial services industry (IFSI)\, from among the IFSB member and non-member organisations\, and the IFSB Secretariat.\n\nFor any queries\, please contact Mr. Ifran Tarmizi at ifran@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n28/01/2016\n09:00 – 09:50\nNetworking Coffee\n\n\n10:00 – 10:10\nOpening Remarks\n\n\n10:10 – 10:30\nGlobal Outlook of Islamic Finance: Stabilty\, Resilience and The Role of The IFSB\n\n\n10:30 – 10:50\nStakeholders Engagement in Supporting The Islamic Financial Services Industry’s Sound Development\n\n\n10:50 – 11:30\nInteractive Session\n\n\n11:30 – 12:30\nLunch\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00273-ifsb-industry-engagement-session-global-outlook-of-islamic-finance/
LOCATION:Multi Purpose Hall\, Level 3\, Lanai Kijang\, Bank Negara Malaysia\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20160110T083000
DTEND;TZID=UTC:20160110T173000
DTSTAMP:20260404T045036
CREATED:20160109T232146Z
LAST-MODIFIED:20231228T015240Z
UID:11705-1452414600-1452447000@www.ifsb.org
SUMMARY:Roundtable Discussion : IFSB Exposure Draft on Guiding Principles for Retakaful (Islamic Reinsurance) and Meet the Members & Industry Engagement Session
DESCRIPTION:The Roundtable Discussion : IFSB Exposure Draft on Guiding Principles for Retakāful (Islamic Reinsurance) was held on 10 January 2016\, in Manama\, Bahrain\, which was hosted by the Central Bank of Bahrain.\n\nThe IFSB has issued an Exposure Draft\, ED-18: Guiding Principles for Retakāful (Islamic Reinsurance) on 5 November 2015 for public consultation\, aimed to provide the regulatory and supervisory authorities (RSAs) and market players of the Takāful industry guidance relating to Retakāful. ED-18 identifies and sets forth a set of basic principles and best practices pertaining to Retakāful activities of both Takāful and Retakāful Operators (TOs and RTOs).\n\nThis Roundtable aimed to invite greater engagement and garner feedback and comments from key industry stakeholders on the Exposure Draft prior to its final submission to the IFSB Council.\n\nThe Roundtable also saw active involvement from the key industry stakeholders\, acted as chairperson and speakers for the Roundtable as well as 28 registered participants from among the IFSB member and non-member organisations.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n10/01/2016\nIFSB MEET THE MEMBERS AND INDUSTRY ENGAGEMENT SESSION\n\n(VENUE: AMBASSADOR ROOM (MEZZANINE FLOOR)\n\nROUNDTABLE DISCUSSION : IFSB EXPOSURE DRAFT ON GUIDING PRINCIPLES FOR RETAKāFUL (ISLAMIC REINSURANCE)\n\nVENUE : AL RIFAA BALLROOM (GROUND FLOOR)\n\n\n08:30 – 09:00\nRegistration\n\n\n09:00 – 10:10\nIFSB MEET THE MEMBERS AND INDUSTRY ENGAGEMENT SESSION\n\n\n10:10 – 10:30\nCoffee Break & Networking Session\n\n\n10:30 – 15:30\nROUNDTABLE DISCUSSION : IFSB EXPOSURE DRAFT ON GUIDING PRINCIPLES FOR RETAKĀFUL (ISLAMIC REINSURANCE)\n\n\n10:30 – 10:45\nOpening Remarks\n\n\n10:45 – 11:10\nPresentation on the Exposure Draft of the Guiding Principles for Retakāful\n\n\n11:10 – 11:30\nSession 1: Understanding Retakāful and Its Underlying Contracts (Introduction to Retakāful\, the Concept and the Principal Structures) Introduction to Retakāful\, the Concept and the Principal Structures\n\n\n11:30 – 11:50\nSession 1: Understanding Retakāful and Its Underlying Contracts (Retakāful Core Principles\, Categorisation\, and Special Issues) Retakāful Core Principles\, Categorisation\, and Special Issues\n\n\n11:50 – 11:30\nSession 1: Understanding Retakāful and Its Underlying Contracts Open Discussion\n\n\n12:30 – 13:30\nLunch & Prayers\n\n\n13:30 – 13:50\nSession 2: The Guiding Principles for Retakāful (Principle I: Governance of Retakāful Undertakings & Principle II: Compliance with Sharī`ah Principles) Principle I: Governance of Retakāful Undertakings Principle II: Compliance with Sharī`ah Principles\n\n\n13:50 – 14:10\nSession 2: The Guiding Principles for Retakāful (Principle III: Prudential Framework\, Principle IV: Transparency and Disclosure & Principle V: Supervisory Principle III: Prudential Framework Principle IV: Transparency and Disclosure Principle V: Supervisory\n\n\n14:10 – 14:50\nSession 2: The Guiding Principles for Retakāful Open Discussion\n\n\n14:50 – 15:00\nChairman’s Summary\n\n\n15:00 – 15:30\nCoffee Break End of Roundtable Discussion\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00268-roundtable-discussion-ifsb-exposure-draft-on-guiding-principles-for-retakaful-islamic-reinsurance-and-meet-the-members-industry-engagement-session/
LOCATION:InterContinental Regency Bahrain\, Manama\, Bahrain
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T143000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260404T045036
CREATED:20151207T232850Z
LAST-MODIFIED:20231228T015249Z
UID:11720-1449585000-1449592200@www.ifsb.org
SUMMARY:12th Islamic Financial Stability Forum :Promoting Consistency in the Implementation of Prudential Standards
DESCRIPTION:The IFSB organised its 12th Islamic Financial Stability Forum (12th IFSF) on 8 December 2015\, in Jeddah\, Saudi Arabia.\n\nThe 12th IFSF was held in conjunction with the 27th Council Meeting of the IFSB\, hosted by the Islamic Development Bank.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n14:30 – 14:40\nChairman’s Remarks H.E. Agus D.W. Martowardojo\, Governor\, Bank Indonesia\n\n\n14:40 – 15:40\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat (MPhil)\, Basel Committee on Banking Supervision Discussants: 1. Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia 2. Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nDiscussion and Q&A Session\n\n\n16:00 – 16:30\nCoffee and Networking Break End of Forum\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00310-12th-islamic-financial-stability-forum-promoting-consistency-in-the-implementation-of-prudential-standards/
LOCATION:Jeddah\, Jeddah\, Saudi Arabia\, Saudi Arabia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T093000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260404T045036
CREATED:20151207T232418Z
LAST-MODIFIED:20231228T015257Z
UID:11713-1449567000-1449592200@www.ifsb.org
SUMMARY:27th Meeting of the Council of the IFSB (For Full Members only) and 12th Islamic Financial Stability Forum (by invitation only)
DESCRIPTION:The 27th Meeting of the Council of the IFSB and 12th Islamic Financial Stability Forum are hosted by the Islamic Development Bank.\n\nThese meetings are by invitation only. For more information on the meetings\, please email the following Secretariat in charge:\n\n1) Council Meeting – Ms. Nur Khairun Nissa Md Zawawi\, email : khairun.nissa@ifsb.org\n\n2) Islamic Financial Stability Forum – Ms. Yazmin Aziz\, email : yazmin@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n09:30 – 13:00\n27th Meeting of the Council of the IFSB\n\n\n14:30 – 16:30\n12th Islamic Financial Stability Forum Theme: Promoting Consistency in the Implementation of Prudential Standards The Islamic Finance and Global Financial Stability Report (IFSB-IRTI\, 2010)\, drew attention to the importance of not only accelerating effective implementation of prudential standards to promote and enhance the soundness and stability of the Islamic financial services industry\, but also to contributing towards the consistent development of Islamic finance across jurisdictions. The Core Principles for Islamic Financial Regulation for the banking segment (CPIFR) issued by the IFSB in April 2015 has facilitated a step towards this harmonisation and consistency in the implementation of prudential frameworks across countries\, by providing a framework for assessment of the regulatory and supervisory framework of the banking sector. The IFSB’s current strategy focuses on promoting the implementation through workshops under the Facilitating the Implementation of Standards (FIS) Initiatives and Implementation Surveys\, both of which have contributed substantially towards enhancing the IFSB’s ability to assist RSAs seeking to strengthen their regulatory and supervisory framework for Islamic finance. The IFSB efforts are in line with the practice of other global standard-setting bodies\, who are taking steps to not only track the implementation of their standards\, but to also review the consistency in such implementation across various jurisdictions. The Basel Committee on Banking Supervision (BCBS)\, for example\, adopted a Regulatory Consistency Assessment Programme (RCAP) in 2012\, noting the importance of consistency in the adoption and implementation of prudential standards in enhancing the resilience of the banking system\, improving public confidence in prudential ratios and developing a transparent regulatory environment that promotes a level playing field. The programme is a central element of the BCBS’s continuous efforts to monitor the implementation and timely adoption of the Basel III standards\, ensuring consistency of the adopted regulations\, as well as evaluating the quality and comparability of regulatory outcomes. The RCAP promotes consistent adoption of the Basel framework by helping member jurisdictions identify domestic regulations that are not in line with the letter and spirit of the relevant Basel standards\, weigh the materiality of any such deviations and undertake reforms where necessary. The European Banking Authority (EBA)\, also works to ensure effective and consistent implementation of prudential regulation and supervision in EU countries. It introduced a European Single Rulebook in banking for the purpose of providing a set of harmonised prudential rules for financial institutions throughout the EU\, to ensure uniform application of its rules across Member States which serves to close any regulatory loopholes that may arise from differences in prudential frameworks. The EBA thus plays an important role in promoting convergence of supervisory practices in the EU banking sector by identifying any material differences in the practices and formulate necessary policy solutions to enhance convergence between banks. The IMF Staff Discussion Note on Islamic Finance (May 2015) has observed that in Islamic finance jurisdictions\, the application of standards is not uniform across countries\, which brings to the fore concerns that it may encourage growth in a manner that gives rise to systemic vulnerabilities. It also underlined the importance of seeking greater harmonisation\, both across and within countries\, through better implementation of existing standards for Sharī`ah governance. Against this background\, a natural step forward in furthering the current implementation programme of the IFSB to focus on greater consistency in the adoption of its standards for regulation and supervision of institutions offering Islamic financial services. The 12th Islamic Financial Stability Forum will seek to examine the experiences of the other international agencies to promote and assess the consistency of the implementation of prudential standards\, and identify opportunities and direction for future work in the Islamic Financial Services Industry to encourage consistency across Islamic finance jurisdictions.\n\n\n14:30 – 14:40\nChairman’s Remarks\n\n\n14:40 – 15:00\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat\, Basel Committee on Banking Supervision\n\n\n15:00 – 15:40\nDiscussion Discussants: Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nQ&A Session\n\n\n16:00 – 16:30\nCoffee Break & Networking\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n\n 
URL:https://www.ifsb.org/event/eve00264-27th-meeting-of-the-council-of-the-ifsb-for-full-members-only-and-12th-islamic-financial-stability-forum-by-invitation-only/
LOCATION:–\, Bali\, Indonesia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151201T000000
DTEND;TZID=UTC:20151202T000000
DTSTAMP:20260404T045036
CREATED:20231106T183434Z
LAST-MODIFIED:20231227T084931Z
UID:11723-1448928000-1449014400@www.ifsb.org
SUMMARY:IFSB-INCEIF Executive Forum - Resilience and Stability of the Islamic Financial Services Industry: Opportunities and Challenges Ahead
DESCRIPTION:Against the backdrop of the slow global economic recovery in the past years\, and continued turmoil in the financial markets\, the 8th IFSB-INCEIF Executive Forum focuses on key issues affecting the Islamic Financial Services Industry’s (IFSI) stability along with the strategic approaches needed to ensure that the IFSI is able to achieve a level of resilience that withstands the impact of financial turbulence. \nThe theme of the 8th edition of the IFSB-INCEIF Executive Forum series – “Resilience and Stability of the Islamic Financial Services Industry: Opportunities and Challenges Ahead” – intends to discuss this important topic that affects not only national economies and financial institutions\, but also ordinary investors and tax payers. More specifically\, the forum aims to cover the following areas: \n\n\n 	Updates on the trends and developments in the various segments of the industry – Islamic banking\, Islamic capital markets as well as Takāful;\n 	Initiatives undertaken by the regulators and international standard setting organisations to further strengthen the resilience and stability of the financial institutions and markets; and\n 	Emerging issues in the stability of the IFSI\, including among others: consumer protection\, Sharī’ah-compliant safety nets and cross-border linkages.\n\nThis 8th Edition of the IFSB-INCEIF Executive Forum will serve as a platform for discussion (through panel sessions\, group discussion\, and practical case studies) between the participants and the speakers who are global leaders from amongst market players\, regulators and academia. \nThe two full-day Forum will be divided into seven sessions\, which are: \n\n\n 	Development of the Global IFSI\n 	Effective Macro-prudential Policies\n 	Strengthening Protection of the Financial Sector\n 	Sharī’ah-compliant Lender of Last Resort (LOLR)\n 	Takāful: Unlocking the Potential and Supporting Stability\n 	Islamic Capital Markets (ICM): Achieving a Rigorous and Robust Regulatory Framework; and\n 	Panel Discussion on Fostering Global Linkages and Cross-border Potentials Towards Enhancing Resilience and Stability\n\nTo date\, the following speakers are confirmed to speak at the Forum: \n\n\n 	Mr. Takashi Hamano\, Assistant Commissioner for International Affairs\, Financial Services Agency\, Japan\n 	Dr. Magda Elsayed Kandil\, Chief Economist\, Research and Statistics Department\, Central Bank of United Arab Emirates\n 	Ms. Che Zakiah Che Din\, Director\, Financial Conglomerate Supervision Department\, Bank Negara Malaysia\n 	Mr. Rafiz Azuan Abdullah\, Executive General Manager\, Malaysia Deposit Insurance Corporation\n 	Mr. Ritesh Maheshwari\, Managing Director & Lead Analytical Manager\, Financial Services Ratings\, Standard & Poor’s Ratings Services\, Singapore\n 	Mr. Shamsun Anwar Hussain\, Managing Director\, Business Management Office\, CIMB Islamic Bank\, Malaysia\n 	Assoc. Prof. Dr. Younes Soualhi\, Chairman\, Sharī`ah Committee\, HSBC Amanah Malaysia Berhad\, Malaysia\n 	Tuan Syed Alwi Mohd Sultan\, Executive Vice President\, Corporate Services\, Bank Muamalat Malaysia Berhad\n 	Mr. Hassan Scott Odierno\, Partner\, Actuarial Partners Consulting Sdn Bhd\, Malaysia\n 	Mr. Syed Faiq Najeeb\, Member of the Secretariat\, Technical and Research\, Islamic Financial Services Board\, Malaysia\n\nFor more information on this Executive Forum\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n01/12/2015\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nDevelopments in the Global Islamic Financial Services Industry (IFSI) towards Promoting Financial Stability Overview of the development of the Islamic Financial Services Industry Future prospects and current challenges Policy recommendations to enhance growth and stability\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nFinancial Stability Framework: Motivations for Effective Macro-prudential Policies Emerging Practices\, Initiatives and Trends in the Macro-prudential Policies of institutions offering Islamic financial services (IIFS) Systemic Risks and Countercyclical Issues: A Need for Additional Policies Capital Buffers and Leverage Ratio of IIFS: Fundamental Factors in Financial Stability\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSafety Nets: Strengthening Protection of the Financial Sector The Rights of Profit-sharing Investment Account (PSIA) Holders under the Sharī`ah-compliant Deposit Insurance Preserving Rights of the Consumers and Policy-holders via Sharī`ah-compliant Deposit Insurance Schemes: Contemporary Issues and Challenges Promoting Sound Crisis Management Policies and Procedures\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSharī’ah-compliant Lender of Last Resort (LOLR): The Role of Central Banks and Monetary Authorities Main Impediments to the Development of Infrastructure and Instruments for Sharī’ah-compliant LOLR Facilities and Emergency Financing Mechanisms Required Criteria of Instruments for Use in Sharī’ah-compliant LOLR Facilities Cross-border Sharī’ah-compliant LOLR facilities\n\n\nDay 2\n02/12/2015\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nTakāful: Unlocking the Potential and Supporting Stability Takāful Industry Perception and Penetration Challenges Utilising MicroTakāful Coverage for Social Protection The Way Forward for Growth\, Investment and Regulation in the Takāful sector\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nIslamic Capital Markets (ICM): Achieving a Rigorous and Robust Regulatory Framework Interlinkages Between Global Financial Market and ICM Enhancing the Current Legal and Regulatory Frameworks for ICM Promoting Confidence and Soundness in the ICM: Policy Implication\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nPanel Discussion on Fostering Global Linkages and Cross-border Potentials Towards Enhancing Resilience and Stability Home and Host Supervision and Cross-border Resolutions A Need for a Robust Supervision of Global Cross-border ICM Instruments Integrating Cross-border Takāful Business\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – 8th IFSB-INCEIF Executive Forum\n\n\n3.)\n\nHotel – Hilton Kuala Lumpur – Rates\n\n\n4.)\n\nHotel – Lanai Kijang – Rates\n\n\n5.)\n\nHotel Majestic Kuala Lumpur – Rates and Reservation Form\n\n\n6.)\n\nJW Marriott Kuala Lumpur – Rates and Reservation Form\n\n\n7.)\n\nPacific Regency Hotel & Suites – Rates
URL:https://www.ifsb.org/event/eve00263-ifsb-inceif-executive-forum-resilience-and-stability-of-the-islamic-financial-services-industry-opportunities-and-challenges-ahead/
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151130T090000
DTEND;TZID=UTC:20151130T110000
DTSTAMP:20260404T045036
CREATED:20151129T233843Z
LAST-MODIFIED:20231228T015305Z
UID:11734-1448874000-1448881200@www.ifsb.org
SUMMARY:The IFSB Public Hearing on Exposure Draft 18 - Guiding Principles for Retakaful (Islamic Reinsurance)
DESCRIPTION:In line with the IFSB due process for the development of Standards and Guiding Principles\, a Public Hearing will be held for the Exposure Draft 18 – Guiding Principles for Retakaful (Islamic Reinsurance).\n\nFor more information on the Public Hearing\, please email to Ms. Nazarina Abdul Majid at nazarina@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n30/11/2015\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:35\nOpening Remarks by Assistant Secretary – General of the IFSB\n\n\n09:35 – 10:25\nPresentation by the Project Manager\n\n\n10:25 – 11:00\nQuestions and Answers\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00265-the-ifsb-public-hearing-on-exposure-draft-18-guiding-principles-for-retakaful-islamic-reinsurance/
LOCATION:Training Room 3.3 & 3.4\, Sasana Kijang \, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia.\, Kuala Lumpur\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151116T090000
DTEND;TZID=UTC:20151120T161500
DTSTAMP:20260404T045036
CREATED:20151115T233847Z
LAST-MODIFIED:20231228T015314Z
UID:11735-1447664400-1448036100@www.ifsb.org
SUMMARY:IFSB-FIS Workshop on IFSB Standards for Regulatory and Supervisory Authorities for the Banking Sector
DESCRIPTION:This 5-day Workshop is tailored for the Regulatory and Supervisory Authorities for the banking sector. The major focus of the Workshop will be on the most recent Guiding Principles which address the new global regulatory requirements for the supervisory review process and for liquidity management. The workshop will discuss the following IFSB Standards: \n\n 	IFSB-16 : Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n 	GN-6   : Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS\n 	IFSB-10 : Guiding Principles on Sharī`ah Governance Systems for IIFS\n\nOverall\, this Workshop aims to:\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n\n 	Assist the participants in practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n 	Promote the sharing of experiences among regulators and supervisors on the implementation of respective IFSB Standards and Guiding Principles. \n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n16/11/2015\n\nIFSB-16: REVISED GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS\n\n\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Session\n\n\n09:45 – 11:15\nSession 1: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Necessary Preconditions for Effective Supervision Criteria for Classifying the Institution as an IIFS or Window Additional Considerations in the Issuance of an IIFS License Supervisory Approaches in the Supervision of IIFS\n\n\n11:15 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Regulatory Capital Requirements Guidance on the Slotting Method Treatment of IAH and Displaced Commercial Risk Advanced Approaches and Supervisory Discretion\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Internal Capital Adequacy Assessment Process (ICAAP) ICAAP Framework for IIFS Supervisory Review Process in ICAAP Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n17/11/2015\n\nIFSB-16: REVISED GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS\n\n\n09:30 – 11:00\nSession 4: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Governance and Risk Management Sharī`ah Governance Risk Management and Risk Management Process Enterprise-wide Risk Management Framework\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Related Party Transactions Risk Management Framework for Securitisation Supervisory Review for Securitisation and Specificities of IIFS SPEs and Key Considerations in the Supervisory Review Process Case Study\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Transparency and Market Discipline Consolidated and Cross-sector Supervision Home-host Cooperation and Structures of Cooperation Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n18/11/2015\n\nIFSB-16: REVISED GUIDANCE ON KEY ELEMENTS IN THE SUPERVISORY REVIEW PROCESS\n\n\n09:30 – 11:00\nSession 7: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Internal Controls of the Islamic Window Operations Regulatory Capital Requirement for the Islamic Window Operations Disclosure Requirements for the Islamic Window Operations Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Supervisory Review for Credit Concentration Risk Concentration Limits for Real Estate Investment Assessment of Rate of Return Risk in the Banking Book Counterparty Credit Risk Case Study\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Liquidity Risk Management and Supervision Sound Stress Testing Practices Sharī`ah-compliant Hedging Techniques Supervisory Transparency and Accountability\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 4\n19/11/2015\n\nGN-6: GUIDANCE NOTE ON QUANTITATIVE MEASURES FOR LIQUIDITY RISK MANAGEMENT\n\n\n09:30 – 11:00\nSession 10: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the LCR in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Operational Considerations for HQLA Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Components of Total Net Cash Outflows Formula for Calculating NSFR Available Stable Funding Required Stable Funding Case Study\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 12: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management The Internal Liquidity Adequacy Assessment and Supervisory Liquidity Review Processes Principles for Applying Alternative Liquidity Approaches Disclosure Requirements for LCR and NSFR Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 5\n20/11/2015\nIFSB-10: GUIDING PRINCIPLES ON SHARī`AH GOVERNANCE SYSTEM AND SPECIAL SESSION ON THE GLOBAL DEVELOPMENT\n \n\n\n\n09:30 – 10:30\nSession 13: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Sharī`ah Non Compliance Risk Sharī`ah Governance System Components of Sharī`ah Governance Case Study\n\n\n10:30 – 10:45\nCoffee Break\n\n\n10:45 – 12:00\nSession 14: Special Session on Recent Developments in Supervisory Review Process Framework and Liquidity Risk Management at the Global Level\n\n\n12:00 – 12:15\nClosing & Certificate Giving Ceremony\n\n\n12:15 – 14:30\nLunch and Prayer\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nHotel – Hilton Kuala Lumpur – Rates\n\n\n3.)\n\nHotel – JW Marriott Kuala Lumpur – Rates and Reservation Form\n\n\n4.)\n\nHotel – Lanai Kijang – Rates and Reservation Form\n\n\n5.)\n\nHotel Majestic Kuala Lumpur – Rates and Reservation Form
URL:https://www.ifsb.org/event/eve00247-ifsb-fis-workshop-on-ifsb-standards-for-regulatory-and-supervisory-authorities-for-the-banking-sector/
LOCATION:Training Room 3.1 & 3.2\, Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20151110
DTEND;VALUE=DATE:20151113
DTSTAMP:20260404T045036
CREATED:20151109T234114Z
LAST-MODIFIED:20231228T015324Z
UID:11740-1447113600-1447372799@www.ifsb.org
SUMMARY:IFSB - IMF Seminar on Islamic Finance
DESCRIPTION:This Seminar on Islamic Finance is coorganised by the IFSB and the International Monetary Fund (IMF).\n\nParticipation in this Seminar is by Invitation only.\n\nFor queries\, please contact the IFSB Secretariat: Ms Yazmin Aziz at yazmin@ifsb.org.
URL:https://www.ifsb.org/event/eve00259-ifsb-imf-seminar-on-islamic-finance/
LOCATION:IMF Headquarters\, Washington D.C.\, United States
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151105T080000
DTEND;TZID=UTC:20151105T173000
DTSTAMP:20260404T045036
CREATED:20151104T234403Z
LAST-MODIFIED:20231228T015332Z
UID:11745-1446710400-1446744600@www.ifsb.org
SUMMARY:IFSB-ISRA Shariah Roundtable: Financial Safety Nets: Striking a Balance between Shariah Requirements and the Soundness of the Islamic Financial System
DESCRIPTION:The Shariah Roundtable is jointly organised by the IFSB and International Shariah Research Academy for Islamic Finance (ISRA). The theme will be Financial Safety Nets: Striking a Balance between Shariah Requirements and the Soundness of the Islamic Financial System.\n\nThe Roundtable will be held in Arabic languange with simultaneous translation.\n\nThe Roundtable is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org\n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe IFSB and International Sharī`ah Research Academy for Islamic Finance (ISRA) jointly organised the IFSB-ISRA Sharī`ah Roundtable on 5 November 2015 in Kuala Lumpur\, Malaysia.\n\nThemed “Financial Safety Nets: Striking a Balance between Sharī`ah Requirements and the Soundness of the Islamic Financial System”\, the Roundtable aimed to provide an avenue for intellectual discourse between the Sharī`ah scholars and other stakeholders of the industry on devising solutions for various components of financial safety net that are both practical and Sharī`ah-compliant.\n\nThe Roundtable began with opening speeches by Mr. Jaseem Ahmed\, Secretary-General\, IFSB and Prof. Dr. Mohamad Akram Laldin\, Executive Director\, ISRA\, followed by a presentation on An Overview of the IFSB by Dr. Sherif Ayoub\, Assistant Secretary-General\, IFSB.\n\nTo set the tone for the Roundtable discussions\, the IFSB presented two working papers on\, i) Strengthening the Financial Safety Net: The Role of Sharī`ah-compliant Lender-of Last-Resort (SLOLR) Facilities as an Emergency Financing Mechanism and ii) Strengthening the Financial Safety Net: The Role and Mechanisms of Sharī`ah-compliant Deposit Insurance Schemes which corresponded to the two topics discussed. The presentations were delivered by Mr. Jamshaid Anwar Chattha\, Chief Financial Analyst\, Central Bank of Kuwait and Mr. Syed Faiq Najeeb\, Member of the Secretariat\, IFSB\, respectively.\n\nThe Roundtable saw participations from Sharī`ah scholars as session chairs and speakers as well as participants. Among the Sharī`ah scholars who participated in the Roundtable were Sheikh Dr. Ali Muhyi Aldin Ali Al Quradaghi\, Sheikh Prof. Dr. Mohamed Ali Elgari\, Sheikh Dr. Nizam Yaquby and Sheikh Dr. Oni Sahrani.\n\nEleven chairpersons\, speakers and discussants from among senior financial sector supervisors and Sharī`ah scholars discussed the following issues at the Roundtable:-\n\n 	Lender of Last Resort Facilities – Structuring Sharī`ah-Compliant Instruments and Mechanisms\n 	Sharī`ah-compliant Structures for a Deposit Insurance Scheme\n\nOver 90 delegates among the IFSB member and non-member organisations – representatives from regulatory bodies\, market players\, international agencies as well as academia and students attended the Roundtable.\n\nThe papers presented at the Roundtable and ensuing discussions are planned to be published in a joint IFSB-ISRA publication in 2016.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n05/11/2015\n08:00 – 09:00\nRegistration\n\n\n09:00 – 09:15\nOpening Addresses\n\n\n09:15 – 09:30\nOverview of the IFSB\n\n\n09:30 – 09:45\nPresentation on Strengthening the Financial Safety Net: The Role of Shari`ah-compliant Lender-of Last-Resort (SLOLR) Facilities as an Emergency Financing Mechanism\n\n\n09:45 – 12:40\nSession 1 – Lender of Last Resort Facilities – Structuring Sharī`ah-Compliant Instruments and Mechanisms This session will discuss the Sharī`ah-compliant instruments and mechanisms of the lender of last resort facilities that can allow the supervisory authorities to provide liquidity support to institutions offering Islamic financial services (IIFS) in normal and stressed times. The Session will also review the current Sharī`ah-compliant lender of last resort instruments that are being implemented in various jurisdictions\, and discuss alternative mechanisms that can be introduced to increase the options available to the IIFS.\n\n\n12:40 – 14:00\nLunch and Prayers\n\n\n14:00 – 14:15\nPresentation on Strengthening the Financial Safety Net: The Role and Mechanisms of Shari’ah-Compliant Deposit Insurance Schemes (SCDIS)\n\n\n14:15 – 16:40\nSession 2 – Sharī`ah-Compliant Structures for a Deposit Insurance Scheme This session will examine the concept of deposit insurance and its relevance to the objective of protecting the fund providers of IIFS. The speakers will investigate the current and potential structures for devising a Sharī`ah-compliant deposit insurance scheme and relevant issues from legal and Sharī`ah perspectives.\n\n\n16:40 – 17:00\nCoffee break\n\n\n17:00 – 17:30\nChairmen’s Summary\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nIFSB-ISRA Shariah Roundtable
URL:https://www.ifsb.org/event/eve00260-ifsb-isra-shariah-roundtable-financial-safety-nets-striking-a-balance-between-shariah-requirements-and-the-soundness-of-the-islamic-financial-system/
LOCATION:Forum\, Level 1\, Sasana Kijang\, kUALA LUMPUR\, Malaysia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151019T090000
DTEND;TZID=UTC:20151021T161500
DTSTAMP:20260404T045036
CREATED:20151018T234559Z
LAST-MODIFIED:20231228T015344Z
UID:11754-1445245200-1445444100@www.ifsb.org
SUMMARY:IFSB-FIS Workshop on IFSB Standards for Regulatory and Supervisory Authorities for the Islamic Capital Market and Takaful Sectors
DESCRIPTION:This Workshop is open to regulatory and supervisory authorities for the Islamic Capital Market and Takaful sectors. It intends to be a Train The Trainer programme for the staff on the IFSB Standards\, and aims to:\n\n \n\n 	\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n\n\n\n \n\n 	\n\n 	Assist the participants in practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n\n\n\n \n\n 	\n\n 	Promote the sharing of experiences among regulators and supervisors on the implementation of respective IFSB Standards and Guiding Principles.\n\n\n\n \n\nMore information will be uploaded in due course.\n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n19/10/2015\n09:00 – 09:30\nMorning Coffee & Registration\n\n\n09:30 – 09:45\nOpening & Welcoming Address\n\n\n09:45 – 11:15\nICM Session 1: Introduction to Islamic Capital Markets Products of Islamic Capital Markets Development Trends in Islamic Capital Markets Contemporary Issues\, Outlook and Challenges\n\n\n09:45 – 11:15\nTakāful Session 1: Introduction to Islamic Finance and Takāful (Islamic Insurance) and IFSB-8: Guiding Principles on Governance for Takāful Undertakings Independence and Integrity of Governance Organs Protection of Rights and Interests of Takāful Participants Appropriate Disclosures to Material and Relevant Information\n\n\n11:15 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nICM Session 2: IFSB-6: Governance for Islamic Collective Investment Schemes (ICIS) Scope of ICIS Governance General Governance Approaches of ICIS Transparency and Disclosure\n\n\n11:30 – 13:00\nTakāful Session 2: IFSB-11: Standard on Solvency Requirements for Takāful Undertakings Specificities of Solvency Requirements for Takāful Valuation of Assets and Liabilities Total Balance Sheet Approach\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nICM Session 3: IFSB-6: Governance for ICIS Compliance with Sharī`ah Rules and Principles Additional Protection for ICIS Investors Case Studies\n\n\n14:00 – 16:00\nTakāful Session 3: IFSB-11: Standard on Solvency Requirements for Takāful Undertakings Solvency Control Levels Criteria for Assessing the Quality and Suitability of Solvency Resources in the Takāful and Shareholders’ Funds Case Studies\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n20/10/2015\n09:30 – 11:00\nICM Session 4: IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation Securitisation Process for Sukūk Structuring Parties in Securitisation Exposures Structure\n\n\n09:30 – 11:00\nTakāful Session 4: IFSB-14: Standard on Risk Management for Takāful Undertakings Specificities of Takāful Undertakings Relevant to Risk Management Risk Arising from Segregation of Funds Risk Relating to The Use of Retakāful\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nICM Session 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Various Types of Sukūk Structuring Capital Requirements for Sukūk Case Studies\n\n\n11:30 – 13:00\nTakāful Session 5: IFSB-14: Standard on Risk Management for Takāful Undertakings Key Elements in the Supervisory Review Process of Risk Management for Takāful Undertakings Systemic Risk Considerations in Takāful Case Studies\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nICM Session 6: Strategies and Policies for Developing a Vibrant ICM: Sharing of Country Experiences\n\n\n14:00 – 16:00\nTakāful Session 6: Strategies and Policies for Developing a Robust Takāful Industry: Sharing of Country Experiences\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n21/10/2015\n09:30 – 11:00\nSession 7: IFSB-10: Sharī`ah Governance System An overview of IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS General Governance Approach to Sharī`ah Governance System Requirements on the Competence of Personnel Undertaking the Sharī`ah Governance System\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-10: Sharī`ah Governance System Recommendations of IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Criteria for Sound Sharī`ah Governance System Rights of Investment Account Holders (IAH) Case Studies\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 9: IFSB-10: Sharī`ah Governance System Operating Procedures of the Sharī`ah Board Basic Professional Ethics and Conduct for Members of the Sharī`ah Board Case Studies\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:30\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nHotel – Hilton Kuala Lumpur – Rates\n\n\n3.)\n\nHotel – JW Marriott Kuala Lumpur – Rates and Reservation Form\n\n\n4.)\n\nHotel – Lanai Kijang – Rates\n\n\n5.)\n\nHotel Majestic Kuala Lumpur – Rates and Reservation Form
URL:https://www.ifsb.org/event/eve00248-ifsb-fis-workshop-on-ifsb-standards-for-regulatory-and-supervisory-authorities-for-the-islamic-capital-market-and-takaful-sectors/
LOCATION:Conference Hall 1.1 and 1.2\, Sasana Kijang\, Bank Negara Malaysia\, KUALA LUMPUR\, Malaysia
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151005T083000
DTEND;TZID=UTC:20151006T173000
DTSTAMP:20260404T045036
CREATED:20151004T235137Z
LAST-MODIFIED:20231228T015352Z
UID:11765-1444033800-1444152600@www.ifsb.org
SUMMARY:IFSB-BIBF Islamic Finance Executive Programme: Towards a Vibrant Islamic Capital Market: Opportunities and Challenges
DESCRIPTION:The recent decade has witnessed the accelerated development of the Islamic capital market industry\, particularly of the global Sukūk market which is providing a unique platform for fostering greater international economic and financial linkages. The 2nd edition IFSB-BIBF Islamic Finance Executive Programme with the theme “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges” will focus on key areas that are expected to be catalysts in driving the Islamic capital market into the next phase of growth and development from the perspectives of the market practitioners\, regulators and academia. \nThis Islamic Finance Executive Programme aims to promote an informed analysis and understanding of Islamic capital markets through discussions of topical and contemporary issues as well as of prospects and challenges relating to Islamic capital market products and services. The sessions will include analysis and deliberations on current trends and developments of Islamic capital markets as well as a focus on key innovations in Sukūk structures such as perpetual Sukūk\, and prospects for cross-border Sukūk. \nParticipants will be exposed to issues related to the development of new markets\, Islamic Collective Investment Schemes (ICIS)\, Sharī`ah-compliant hedging\, as well as the role of the regulatory and supervisory authorities in ensuring market integrity\, transparency and protection of investors. \nTo date\, the following speakers are confirmed to speak at the Islamic Finance Executive Programme: \n\n\n 	Mr. Farid Abderrezak\, Vice President Structurer\, BNP Paribas\, Bahrain\n 	Mr. Hani Almandeel\, Director\, Marketing & Business Development\, Bahrain Bourse\n 	Mr. Ijlal A. Alvi\, CEO\, International Islamic Financial Market\, Bahrain\n 	Mr. Andri Aidham Badri\, Partner\, Kadir Andri & Partners\, Malaysia\n 	Dr. Mohammed Burhan Arbouna\, Executive Vice President\, Head of Shari`ah Compliance\, Al Salam Bank\, Bahrain\n 	Mr. Bernard Barbour\, Head of Legal\, Compliance & Sharia’a Affairs\, QInvest\, Qatar\n 	Mr. Lilian Le Falher\, Executive Manager\, Treasury\, FI’s & Capital Markets\, KFH Bahrain\n 	Mr. Badlisyah Abdul Ghani\, President\, Chartered Institute of Islamic Finance Professional (CIIF)\, Former CEO\, CIMB Islamic\, Malaysia\n 	Mr. Hani Redha\, Former Head of the Centre for Islamic Finance\, BIBF\, Bahrain\n\nFor more information on this Islamic Finance Executive Programme\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n05/10/2015\n08:30 – 09:30\nWelcome Coffee and Registration\n\n\n09:30 – 09:45\nWelcoming Remarks\n\n\n09:45 – 11:00\nSession 1: Development of the Islamic Capital Market (ICM): Progress and Trends Overview of the Current Trends in the ICM Enhancing the Development of the ICM Infrastructure Recognising the Potential of the ICM\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: Innovative Sukūk Structures: A New Path for the Growth of ICM Perpetual Sukūk: A Modern Initiative for Equity-based Capital Prospects for Cross-border Sukūk Sukūk Advancements Proposed in the IFSB-15\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Sharī`ah-compliant Hedging Instruments: Addressing the Market Risk Management Needs of the Industry Hedging as a Risk Management Technique in the Islamic Financial Services Industry Sharī`ah -compliant Hedging Strategies and Tools Regulatory Views on Sharī`ah -compliant Hedging\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 4: Islamic Real Estate Investment Trusts (I-REITs): An Emerging Asset Class for Wealth Management Analysing the Performance of I-REITs : Lessons learnt Examining the Outlook for I-REITs in Key Regions The Need for an Adequate Regulatory Framework for I-REITs\n\n\nDay 2\n06/10/2015\n08:30 – 09:30\nWelcome Coffee and Registration\n\n\n09:30 – 11:00\nSession 5: Islamic Collective Investment Schemes (ICIS): Promoting Strong Foundations Opportunities in ICIS: New Markets and Forecasts Current Challenges in the Development of ICIS Strengthening the Regulatory Framework for ICIS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: The Role of Human Capital Development in ICM Evolution\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 7: Panel Discussion on Building a Vibrant Islamic Capital Market: Key Issues and Challenges Examining the Resilience of the Current ICM Infrastructures Enhancing the Current Legal Framework for the ICM Strengthening the Sharī`ah Framework of ICM\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:45\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – 2nd IFSB-BIBF Islamic Finance Executive Programme\n\n\n3.)\n\nRegistration Form
URL:https://www.ifsb.org/event/eve00258-ifsb-bibf-islamic-finance-executive-programme-towards-a-vibrant-islamic-capital-market-opportunities-and-challenges/
LOCATION:Grand Ambassador Suite III\, The Diplomat Radisson Blu Hotel\, MANAMA\, Bahrain
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150817T090000
DTEND;TZID=UTC:20150820T161500
DTSTAMP:20260404T045036
CREATED:20150816T235138Z
LAST-MODIFIED:20231228T020949Z
UID:11766-1439802000-1440087300@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Djibouti)
DESCRIPTION:This 4-day Workshop is tailored for the regulatory and supervisory authorities for the banking sector\, and will discuss on the following IFSB Standards:\n\n 	Introduction to Islamic Finance and Islamic Banking Operations\n 	IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n 	GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (CAR) for IIFS\n 	IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n 	IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS\n\nOverall\, this Workshop aims to:\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nThis Workshop is hosted by Banque Centrale de Djibouti and participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n17/08/2015\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Session by the IFSB\, and the BCD Representatives\n\n\n09:45 – 11:15\nSession 1: Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products\n\n\n11:15 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-2: Capital Adequacy Standard for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) Need for Capital Regulation Treatment of PSIA and Assets Financed by PSIA Displaced Commercial Risk Capital Ratio Formula: Standard and Supervisory Discretion\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 3: IFSB-2: Capital Adequacy Standard Credit Risk Based on External Credit Assessments (ECA) Exposures in Investments Made Under Profit Sharing Modes Preferential Risk Weights and Past Due Receivables Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n18/08/2015\n09:30 – 11:00\nSession 4: IFSB-2: Capital Adequacy Standard Measurement of Capital Adequacy Requirements for Market Risk Market Risk Weight Conversion Factor Capital Requirements for Islamic Financing Contracts Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-2: Capital Adequacy Standard Measurement of Capital Adequacy Requirements for Operational Risk Sharī`ah non-Compliance Risk Calculation of Capital Requirements for Operational Risk Case Study\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 6: GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and Displaced Commercial Risk (DCR) Measurement of Risk Sharing in PSIA\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n19/08/2015\n09:30 – 11:00\nSession 7: GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS The Determination of Alpha and DCR Role of Supervisory Authority in Determination of Alpha and DCR An Algebraic Approach for Measuring DCR and Alpha Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions\, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues Supervisory Transparency and Accountability\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 4\n20/08/2015\n09:30 – 11:00\nSession 10: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Governance and Risk Management Transparency and Market Discipline Consolidated and Home-host Supervision Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS General Governance Approach to Sharī`ah Governance System Requirements on the Competence of Personnel Undertaking the Sharī`ah Governance System Independent Exercise of the Sharī`ah Board Members on Sharī`ah-related Matters\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 12: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Confidentiality of Sharī`ah Board Members on Internal Information Consistency of Opinions Across Different Institutions by Sharī`ah Board Members Case Study\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:30\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00257-ifsb-fis-workshop-series-djibouti/
LOCATION:–\, Bali\, Indonesia
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150603T083000
DTEND;TZID=UTC:20150604T173000
DTSTAMP:20260404T045036
CREATED:20150602T235424Z
LAST-MODIFIED:20231228T020958Z
UID:11769-1433320200-1433439000@www.ifsb.org
SUMMARY:7th IFSB-INCEIF Executive Forum - Building Momentum for Islamic Liquidity Management
DESCRIPTION:The recent Global Financial Crisis (GFC) stresses the importance of liquidity management in international financial markets during both stress and normal conditions. A robust and stable liquidity management framework would be one of the key dynamics in shaping the future growth of the Islamic finance industry\, especially on how such framework addresses the current outstanding issues related to liquidity management\, at both the practical and regulatory levels. The IFSB-INCEIF Executive Forum\, in its 7th edition\, addresses this important issue with the theme “Building Momentum for Islamic Liquidity Management”. The Executive Forum aims to provide new insights on the interactions between internal liquidity and external funds (e.g. profit-sharing investment accounts\, Sukūk\, etc.) as well as show how these interactions affect both the way an IIFS contemplates its financial decisions\, and how regulators formulate appropriate liquidity risk management policies. \nThis Executive Forum aims to bring together global leaders from among the market players\, regulators as well as the academic domain to discuss a wide spectrum of liquidity management issues. The speakers will provide their expertise — through panel sessions\, discussion groups\, and practical case studies — on the ongoing opportunities and challenges in the existing infrastructure for managing liquidity risks in Islamic finance. The Executive Forum will also include deliberations on the new developments in the regulatory landscape\, with a special focus on the emerging liquidity risk management requirements\, such as the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR)\, in addition to how these requirements can encompass Islamic finance specificities. Furthermore\, the participants will also be exposed to the liquidity risk management infrastructure in Islamic finance\, especially to Sharī`ah-complaint High Quality Liquid Assets (HQLA)\, Sharī`ah-compliant Deposit Insurance and Lender of Last Resort (LOLR). A key feature of the Executive Forum is a Panel Discussion where participants have the opportunity to share information and experiences from both supervisors and market players on the challenges and strategies for developing an effective Islamic liquidity management framework. \nFor more information on the Executive Forum\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n03/06/2015\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nSession 1: The Role of an International Liquidity Architecture in a Global Financial Crisis The Importance of Managing Liquidity in a Global Financial Crisis Causes of Liquidity Stress During a Global Financial Crisis Opportunities and Challenges in the Existing Liquidity Risk Management Framework\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: Liquidity Risk Management Infrastructure: The Regulators Role Regulatory Responsibilities in Developing An Appropriate Liquidity Risk Framework Regulatory Roles in Providing Liquidity During Market Stress Contingency Planning and the Development of Liquidity Infrastructure\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 15:30\nSession 3: Global Liquidity Risk Management Requirements: Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) and their Compatibility with Institutions offerings Islamic Financial Services (IIFS) Recent Global Regulatory Developments in Liquidity Risk Management Incorporating Global Standards into National Regulations Assessing the Capacity of IIFS to Adapt New Liquidity Risk Management Requirements\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 4: Ensuring a Robust Liquidity Management Framework: Key Issues Sharī`ah-complaint High Quality Liquid Assets (HQLA) and Secondary Market Facilities Sharī`ah-compliant Safety Nets Sharī`ah-compliant Lender of Last Resort (SLOLR)\n\n\nDay 2\n04/06/2015\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 5: Resilience of the Current Liquidity Management Instruments in the IFSI Commodity Murābahah Transaction (CMT): Practical and Sharī`ah issues Short-term Liquidity Sukūk: Theoretical Aspects and Practical Concerns Islamic Inter-Bank Money Market: Identifying Current Issues and Future Challenges\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Liquidity Risk Management Mechanisms: Monitoring\, Supervising and Stress Testing Macro Stress Tests: Macro Prudential Toolkit Current Practices and Emerging Trends in Liquidity Risk Supervision Bottom-up Liquidity Stress Tests and Weaknesses in Wholesale Funding among IIFS\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 7: Panel Discussion on Developing a Global Islamic Liquidity Management Framework: A Practical Approach The Case of IILM: Sukūk Structure and Issuance\, and Challenges Ahead Practical Issues: Sharī`ah-complaint HQLA\, treatment of PSIA and Sharī`ah-compliant repo mechanisms Monitoring Tools and Challenges for Efficient Cross-border Liquidity Risk Management\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – 7th IFSB-INCEIF Executive Forum\n\n\n3.)\n\nHilton Kuala Lumpur – Rates\n\n\n4.)\n\nHotel Majestic Kuala Lumpur – Rates and Reservation Form\n\n\n5.)\n\nJW Marriott Kuala Lumpur – Rates and Reservation Form
URL:https://www.ifsb.org/event/eve00252-7th-ifsb-inceif-executive-forum-building-momentum-for-islamic-liquidity-management/
LOCATION:Training Rooms 3.3 & 3.4\, Sasana Kijang\, Bank Negara Malaysia\, KUALA LUMPUR\, Malaysia
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150525T093000
DTEND;TZID=UTC:20150526T171500
DTSTAMP:20260404T045036
CREATED:20150524T235709Z
LAST-MODIFIED:20231228T021005Z
UID:11771-1432546200-1432660500@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Turkey)
DESCRIPTION:This Workshop is hosted by the Central Bank of the Republic of Turkey\, the Capital Markets Board of Turkey and Banking Regulation and Supervision Agency of Turkey. \nThis 2-day Workshop is tailored for the regulatory and supervisory authorities as well as market players within the Islamic banking and Islamic capital market sectors. It will focus on the following Standards: \n\n\n 	IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (IIFS);\n 	GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS;\n 	IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS); and\n 	IFSB-10: Guiding Principles on Sharī`ah Governance Systems for IIFS. \n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org. \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n25/05/2015\n09:30 – 09:45\nOpening Session by the IFSB and TCMB Representatives\n\n\n09:45 – 11:15\nSession 1: IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering only Islamic Financial Services (IIFS) Funding and Market Liquidity Risk Necessary Conditions for an Effective Liquidity Risk Management in IFSI Identification of Liquidity Risk Interactions of Liquidity Risk and Implications of Islamic Financing Contracts\n\n\n11:15 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-12: Guiding Principles on Liquidity Risk Management for IIFS Diversification of the Funding Base Consolidated Management of Liquidity Risk Maintaining High-Quality Liquidity Buffer Preparing a Contingency Funding Plan\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: IFSB-12: Guiding Principles on Liquidity Risk Management for IIFS Managing Sharī`ah-Compliant Collateral Collaboration between IIFS Meeting Payment and Settlement System Obligations Reporting and Disclosure of Liquidity Risk\n\n\n15:30 – 15:45\nCoffee Break\n\n\n15:45 – 17:15\nSession 4: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS Application of the LCR in IIFS Application of the NSFR in IIFS Role of Supervisory Authorities Case Studies\n\n\nDay 2\n26/05/2015\n09:30 – 11:00\nSession 5: IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS) Scope of ICIS Governance General Governance Approaches of ICIS Transparency and Disclosure\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: IFSB-6: Guiding Principles on Governance for ICIS Compliance with Sharī’ah Rules and Principles Additional Protection for ICIS Investors Case Studies\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 7: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS General Governance Approach to Sharī`ah Governance System Requirements on the Competence of Personnel Undertaking the Sharī`ah Governance System Independent Exercise of the Sharī`ah Board Members on Sharī`ah-related Matters\n\n\n15:30 – 15:45\nCoffee Break\n\n\n15:45 – 17:15\nSession 8: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Confidentiality of Sharī`ah Board Members on Internal Information Consistency of Opinions Across Different Institutions by Sharī`ah Board Members Case Studies\n\n\n17:15 – 17:30\nClosing & Certificate Giving Ceremony\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00245-ifsb-fis-workshop-series-turkey/
LOCATION:CBRT İstanbul School of Central Banking\, Istanbul\, Turkey
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150520T090000
DTEND;TZID=UTC:20150521T220000
DTSTAMP:20260404T045036
CREATED:20150519T235956Z
LAST-MODIFIED:20231228T021016Z
UID:11774-1432112400-1432245600@www.ifsb.org
SUMMARY:12th Islamic Financial Services Board Summit - Core Principles for Islamic Finance: Integrating with the Global Regulatory Framework
DESCRIPTION:The Summit started with a Keynote Address (via live video) by The Right Honourable Karim Massimov\, the Prime Minister of the Republic of Kazakhstan at the Opening Session of the 12th IFSB Summit.\n\nThe host\, H.E. Kairat Kelimbetov\, Governor of the National Bank of Kazakhstan has gracefully launched the Islamic Financial Services Industry Stability Report 2015.\n\n21 chairmen and speakers who were governors\, deputy governor\, heads as well as senior financial sector supervisors and experts from international financial institutions participated as speakers who panelled the following sessions:\n\n• Global Overview of the Islamic Financial Services Industry (IFSI): Trends and Policy Developments\n• New Regulatory Developments and the Impact on the Islamic Financial Services Industry\n• Role of the Core Principles for Islamic Finance in Enhancing Regulatory Consistency and Resilience of the Industry\n• Enabling Framework for the Assessment of Regulatory and Supervisory Regimes\, and\n• Panel Discussion on “The New Silk Road: The Importance of Regulatory Cooperation for Cross-Border Integration”\n\nThe Gala Dinner Keynote was delivered by Dr. Hamed Hassan Merah\, the Secretary-General of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) on the evening of 20 May 2015.\n\n\n\n\n\n\n\nThe 12th IFSB Summit was attended by more than 118 delegates from 25 countries comprising of senior officials from supervisory and regulatory bodies as well as representatives from international institutions\, market players\, accreditation\, law firms\, IT providers\, insurance and  Takāful\, academia as well as other stakeholders of the Islamic financial services industry.\n\n Event 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\n18/05/2015\n09:30 – 17:30\nFocus Group Meeting on the Strategic Performance Plan 2016 – 2018 (For IFSB Members Only)\n\n\nDay 2\n19/05/2015\nPRE-SUMMIT EVENTS\n\n\n09:00 – 10:00\nPre-Summit Event-1 : Meet the Members and Industry Engagement Session\n\n\n10:00 – 11:00\nPre-Summit Event-2 : Industry Development Session by The World Bank (Free of Charge)\n\n\n11:00 – 11:30\nCoffee and Networking Break\n\n\n11:30 – 13:00\nPre-Summit Event-3 : INCIEF – MIFC Business Forum (Free of Charge)\n\n\n13:00 – 14:00\nLunch\n\n\n14:00 – 16:00\nPre-Summit Event-4 : IFSB-IRTI Session on Mid-Term Review of the IFSI Development: Ten-Year Framework and Strategies (Free of Charge) 14:00 – 14:15 Registration 14:15 – 14:25 Opening and Welcoming Address 14:25 – 16:00 Presentation and Discussion on Fostering Integration of the IFSI: Progress of Initiatives and Challenges Faced by the Islamic Finance Jurisdictions\n\n\n16:00 – 17:30\nPre-Summit Event-5 : Kazakhstan Country Showcase (Free of Charge)\n\n\n17:30 – 18:00\nCoffee and Networking Break\n\n\n20:00 – 22:00\n12th IFSB Summit Welcome Dinner (Hosted by the National Bank of Kazakhstan) For Summit Registered Participants Only\n\n\nDay 3\n20/05/2015\n12TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – DAY 1\n\n12TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – GALA DINNER\n\n\n08:30 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening & Keynote Session\n\n\n10:30 – 11:00\nCoffee and Networking Break\n\n\n11:00 – 12:30\nSession 1 : Global Overview of the Islamic Financial Services Industry (IFSI): Trends and Policy Developments This session aims to analyse the current level of development of the legal and regulatory frameworks in Islamic finance\, with a focus on the performance and potential growth of the industry.\n\n\n12:30 – 14:00\nLunch\n\n\n14:00 – 15:30\nSession 2 : New Regulatory Developments and the Impact on the Islamic Financial Services Industry The session aims to highlight the new regulatory developments in the global financial system that seek to promote financial stability\, as well as the impact of these developments on and the challenges for regulatory and supervisory authorities and institutions offering Islamic financial services in implementing them.\n\n\n15:30 – 16:00\nCoffee and Networking Break\n\n\n16:00 – 17:30\nSession 3 : Role of the Core Principles for Islamic Finance in Enhancing Regulatory Consistency and Resilience of the Industry This session aims to explore measures to bring the IFSI to its next level of development by enhancing consistency in supervision and implementation of global standards across borders. This stresses the need for having a minimum international standard on sound regulatory and supervisory practices for the effective supervision of the IIFS\, which would help enhance the resilience as well as protect the consumers and other stakeholders of the industry.\n\n\n19:00 – 22:00\n12th IFSB Summit – Gala Dinner 19:00 Welcome Reception 20:00 Gala Dinner\n\n\nDay 4\n21/05/2015\n12TH ISLAMIC FINANCIAL SERVICES BOARD SUMMIT – DAY 2\n\n\n09:30 – 11:00\nSession 4 : Enabling Framework for the Assessment of Regulatory and Supervisory Regimes This session focuses on the need to have an enabling framework that meets the pre-conditions of sound regulation and supervision in order to facilitate the development of a surveillance infrastructure for Islamic finance.\n\n\n11:00 – 11:30\nCoffee and Networking Break\n\n\n11:30 – 13:00\nSession 5 : Panel Discussion on “The New Silk Road: The Importance of Regulatory Cooperation for Cross-Border Integration” This session aims to explore the opportunities offered by the new Silk Road and emerging Islamic finance jurisdictions in Asia and Europe as well as the importance of regulatory cooperation to grow and develop the IFSI in a manner that encourages cross-border integration moving forward.\n\n\n13:00 – 14:00\nLunch\n\n\n\n \n\n\n\nDownloadable Document(s)\n\n\n\n\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nThe Intercontinental Hotel : Hotel Reservation Form\n\n\n3.)\n\nThe Ritz Carlton Hotel : Hotel Reservation Form\n\n\n4.)\n\nThe Rixos Almaty Hotel : Hotel Reservation Form\n\n\n5.)\n\nVisa Information Form to Almaty
URL:https://www.ifsb.org/event/eve00244-12th-islamic-financial-services-board-summit-core-principles-for-islamic-finance-integrating-with-the-global-regulatory-framework/
LOCATION:The Rixos Almaty Hotel\, ALMATY\, Kazakhstan
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20150519
DTEND;VALUE=DATE:20150522
DTSTAMP:20260404T045036
CREATED:20230518T160001Z
LAST-MODIFIED:20231122T002614Z
UID:5930-1431993600-1432252799@www.ifsb.org
SUMMARY:12th IFSB Summit
DESCRIPTION:The 12th IFSB Summit was held on 19 – 21 May 2015 at the Rixos Almaty Hotel\, hosted by the National Bank of Kazakhstan\n12th IFSB Summit Opening Video\n\n\nSpeeches\n\n 	Keynote Speech: Secretary-General of the AAOIFI at the 12th IFSB Summit Gala Dinner\, Almaty\, Kazakhstan\n 	Opening Remarks: Secretary-General of the IFSB at the 12th IFSB Summit\, Almaty\, Kazakhstan\n\n \n12th Summit Photo Album\n\n\n\n\n\n\n\n\n\n\n \nPress Release of the 12th Summit\n25 May 2015\n12th IFSB Summit Discusses the Core Principles for Islamic Finance Regulation\, and Reiterates Importance of Regulatory Cooperation for Cross-Border Integration \n21 May 2015\nThe Prime Minister of Kazakhstan Officiates the 12th Islamic Financial Services Board Summit \n20 May 2015\nIFSB-IRTI Annual Session on Mid-Term Review of the Islamic Financial Services Industry (IFSI) Development: Ten-Year Framework and Strategies Takes Place in Kazakhstan \n20 May 2015\nThe IFSB Launches Its Third Edition of the Islamic Financial Services Industry Stability Report 2015 in Kazakhstan \n19 May 2015\nThe IFSB and INCEIF Renew MoU for Collaboration on Capacity Building and Awareness Promotion for the Global Islamic Financial Services Industry \n15 May 2015\nIFSB-INCEIF Executive Forum for Islamic Finance to Discuss Islamic Liquidity Management \n14 May 2015\nUpcoming 12th IFSB Annual Summit Buoyed by Encouraging New Developments in Global Islamic Finance \n15 April 2015\nUpcoming 12th IFSB Summit Gathers Momentum as Council Approves Adoption of Core Principles for Islamic Finance Regulation \n5 January 2015 (Also available in Arabic)\nThe 12th IFSB Summit to Be Held in Almaty\, Kazakhstan \n \nIFSB Documents released during the 12th Summit\n\n 	Islamic Financial Services Industry Stability Report 2015\n 	Islamic Finance for Asia: Development\, Prospects\, and Inclusive Growth\n 	11th IFSB Summit Proceedings\n 	WP-02: Evaluation of Core Principles Relevant to Islamic Finance Regulation\n\n \n12th Summit Presentations\n\n 	Speakers and registered participants are able to download softcopies of the Summit presentations from the IFSB Member Zone. Please use the access given to you during the registration. If you have problem downloading\, please email: yazmin@ifsb.org.\n 	IFSB member organisation can access the presentation using their organisation access. Please refer to your organisation’s contact person\, or email ifran@ifsb.org.
URL:https://www.ifsb.org/event/the-12th-ifsb-summit-was-held-on-19-21-may-2015-at-the-rixos-almaty-hotel-hosted-by-the-national-bank-of-kazakhstan/
LOCATION:Rixos Almaty Hotel\, Seyfullin Avenue 506/99\, Almaty\, Kazakhstan
CATEGORIES:Annual Events
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20150506
DTEND;VALUE=DATE:20150509
DTSTAMP:20260404T045036
CREATED:20150506T000242Z
LAST-MODIFIED:20231228T012011Z
UID:11777-1430870400-1431129599@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Indonesia)
DESCRIPTION:This 3-day Workshop is tailored for the regulatory and supervisory authorities within the banking\, capital market and Takāful sectors and will cover topics on Introduction to Islamic Finance and Takāful as well as the following IFSB Standards:\n\n 	IFSB-15: Revised Capital Adequacy Standard for IIFS\n 	IFSB-14: Standard on Risk Management for Takāful Undertakings\n 	IFSB-12: Guiding Principles on Liquidity Risk Management for IIFS\n 	IFSB-11: Standard on Solvency Requirements for Takāful Undertakings\n 	IFSB-8: Guiding Principles on Governance for Takāful Undertakings\n 	IFSB-6: Guiding Principles on Governance for IIFS\n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.
URL:https://www.ifsb.org/event/eve00254-ifsb-fis-workshop-series-indonesia/
LOCATION:Otoritas Jasa Keuangan\, JAKARTA
CATEGORIES:Capacity Building
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150504T123000
DTEND;TZID=UTC:20150504T140000
DTSTAMP:20260404T045036
CREATED:20150504T001012Z
LAST-MODIFIED:20231228T012020Z
UID:11789-1430742600-1430748000@www.ifsb.org
SUMMARY:ADB-IFSB Panel Session: How Islamic Finance Can Contribute to Sustainable Growth in Asia
DESCRIPTION:The Asian Development Bank (ADB) and the IFSB organised a Panel Session with the theme “How Islamic Finance Can Contribute to Sustainable Growth in Asia” on 4 May 2015\, in conjunction with the ADB Annual Meetings 2015 in Baku\, Azerbaijan.\n\nThe Panel Discussion is a continuation of the joint work of the two organisations in increasing the awareness of the role\, potentials and opportunities offered by Islamic finance in Asia\, especially for the common ADB and IFSB member countries. The Panel Discussion aimed to explore the potential role of Islamic finance in strengthening good governance\, infrastructure financing and balancing public debt management. Five distinguished panelists and moderator were invited to speak at the Panel Discussion\, to share their knowledge as well as best practices in the Islamic financial services industry at the global level\, with a specific reference to Asia Pacific region.\n\nThe ADB-IFSB joint-publication – Islamic Finance for Asia: Development\, Prospects and Inclusive Growth\, a resource for better understanding the Islamic financial services industry in Asia – was launched at the Panel Discussion.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n04/05/2015\n12:30 – 12:45\nArrival of Participants\n\n\n12:45 – 13:30\nPanel Session : How Islamic Finance Can Contribute to Sustainable Growth in Asia\n\n\n13:30 – 13:45\nQuestion & Answer\n\n\n13:50 – 14:00\nLaunching of the IFSB-ADB Joint Publication Islamic Finance for Asia: Development\, Prospects\, and Inclusive Growth\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00255-adb-ifsb-panel-session-how-islamic-finance-can-contribute-to-sustainable-growth-in-asia/
LOCATION:HAC Building 2\, Room B3\, Heydar Aliyev Center\, baku\, Azerbaijan
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20150419
DTEND;VALUE=DATE:20150420
DTSTAMP:20260404T045036
CREATED:20150419T001013Z
LAST-MODIFIED:20231228T012028Z
UID:11790-1429401600-1429487999@www.ifsb.org
SUMMARY:Focus Group Meeting on the Strategic Performance Plan 2016 - 2018
DESCRIPTION:As part of the formulation of the SPP 2016-2018\, the IFSB organises its second Focus Group Meetings in Abu Dhabi comprising IFSB members amongst the Regulatory and Supervisory Authorities (including Multi-lateral institutions) and Industry Participants.\n\nThe objective of this Focus Group Meetings is to get a better understanding of the views of key stakeholders from the Middle East & Africa regions on emerging challenges facing the Islamic financial services industry\, as well as perceptions about the IFSB and its role in promoting the resilience and stability of the global industry.\n\nFor participation and further details\, please communicate through email to Mr. Hamizi Hamzah at hamizi@ifsb.org
URL:https://www.ifsb.org/event/eve00253-focus-group-meeting-on-the-strategic-performance-plan-2016-2018/
LOCATION:Central Bank of the UAE\, 7th Floor\, Board of Directors Building King Abdullah Bin Abduaziz Al Saud Street\, Al Batheen\, ABU DHABI.\, Abu Dhabi\, United Arab Emirates
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150407T083000
DTEND;TZID=UTC:20150410T161500
DTSTAMP:20260404T045036
CREATED:20150407T001305Z
LAST-MODIFIED:20231228T012036Z
UID:11794-1428395400-1428682500@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Tajikistan)
DESCRIPTION:This Workshop is hosted by the National Bank of Tajikistan. \n\nThis 4-day Workshop is tailored for the regulatory and supervisory authorities for the banking sector\, and will discuss on overview of Islamic finance and cover the following IFSB Standards:\n\n 	Introduction to Islamic Finance and Islamic Banking Operations\n 	IFSB-1 :Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)\n 	IFSB-10 :Guiding Principles on Sharī`ah Governance Systems for IIFS.\n 	IFSB-15 :Revised Capital Adequacy Standard for IIFS.\n 	IFSB-16 :Revised Guidance on Key Elements In The Supervisory Review Process of IIFS.\n\n\n\nParticipation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n07/04/2015\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:15\nOpening Session by the IFSB\, and the NBT Representatives\n\n\n09:15 – 10:45\nSession 1: Introduction to the IFSB and Islamic Finance Introduction to the IFSB Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS\n\n\n10:45 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS General Requirements for Risk Management Process in IIFS Focus on Credit Risk Focus on Equity Investment Risk\n\n\n13:00 – 14:30\nLunch and Prayers\n\n\n14:30 – 16:00\nSession 3: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Operational Risk Focus on Market Risk Focus on Liquidity Risk\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n08/04/2015\n09:00 – 10:30\nSession 4: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Rate of Return Risk Rate of Return Risk: Role of Supervisory Authority Case Studies\n\n\n10:30 – 13:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 5: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS Sharī`ah Non Compliance Risk Sharī`ah Governance System Components of Sharī`ah Governance\n\n\n12:30 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 6: IFSB-10: Guiding Principles on Sharī`ah Governance System for IIFS (Cont’d) Sharī`ah Non Compliance Risk Sharī`ah Governance System Components of Sharī`ah Governance Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n09/04/2015\n09:00 – 10:30\nSession 7: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Supervisory Preconditions\, Criteria and Approaches for Effective Supervision of IIFS Key Elements in the Supervisory Review Process of IIFS Treatment of Investment Account Holders (IAH) and Displaced Commercial Risk\n\n\n10:30 – 11:00\nCoffee Break\n\n\n11:00 – 12:30\nSession 8: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS (Cont’d) Internal Capital Adequacy Assessment Process Islamic Windows Operations Assessment of Additional Issues to be Addressed Under SRP for IIFS Sound Stress Testing Practices Supervisory Transparency and Accountability\n\n\n12:30 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 9: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS Governance and Risk Management Related Party Transactions Transparency and Market Discipline Consolidated and Home-host Supervision Case Study\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 4\n10/04/2015\n08:30 – 10:00\nSession 10: IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer Case Study on Components of Capital for IIFS\n\n\n10:00 – 10:30\nCoffee Break\n\n\n10:30 – 12:00\nSession 11: IFSB-15: Revised Capital Adequacy Standard for IIFS Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Past Due Receivables & Other Assets Credit Risk Mitigation Recognition of Ratings by External Credit Assessment Institution(ECAI)\n\n\n12:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 12: IFSB-15: Revised Capital Adequacy Standard for IIFSS Policies and Procedures for Market risk Guidance on Valuation Practices Calculation of Capital Requirements for Market risk Group Exercise\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:30\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00250-ifsb-fis-workshop-series-tajikistan/
LOCATION:–\, Bali\, Indonesia
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:20150402T143000
DTEND;TZID=UTC:20150402T160000
DTSTAMP:20260404T045036
CREATED:20150402T001843Z
LAST-MODIFIED:20231228T012046Z
UID:11801-1427985000-1427990400@www.ifsb.org
SUMMARY:11th Islamic Financial Stability Forum : Comparative Study on the Implementation of the IFSB Standards: Cross-country Assessment
DESCRIPTION:The IFSB organised its 11th Islamic Financial Stability Forum (11th IFSF) on 2 April 2015\, in Jakarta\, Indonesia.\n\nThe 11th IFSF was held in conjunction with the 26th Council Meeting of the IFSB\, hosted by Bank Indonesia.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n02/04/2015\n14:30 – 14:40\nChairman’s Remarks H.E. Agus D.W. Martowardojo\, Governor\, Bank Indonesia\n\n\n14:40 – 15:00\nPresentation on the IFSB 2014 Standard Implementation Study: Cross-country Comparison Speakers: 1. Mr. Peter Casey\, Consultant\, Islamic Financial Services Board 2. Mr. Zahid ur Rehman Khokher\, Assistant Secretary-General\, Islamic Financial Services Board\n\n\n15:00 – 15:20\nTopic : Country Experience on the Implementation of the IFSB Standards H.E. Saeed Ahmad\, Deputy Governor\, State Bank of Pakistan\n\n\n15:20 – 15:40\nTopic : Country Experience on the Implementation of the IFSB Standards Mr. Khalid Hamad Abdulrahman\, Executive Director of Banking Supervision\, Central Bank of Bahrain\n\n\n15:40 – 16:00\nDiscussion and Q&A Session\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00311-11th-islamic-financial-stability-forum-comparative-study-on-the-implementation-of-the-ifsb-standards-cross-country-assessment/
LOCATION:Jakarta\, Jakarta\, Indonesia\, Indonesia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150331T083000
DTEND;TZID=UTC:20150402T083000
DTSTAMP:20260404T045036
CREATED:20150331T001851Z
LAST-MODIFIED:20231228T012054Z
UID:11803-1427790600-1427963400@www.ifsb.org
SUMMARY:IFSB Annual Meetings 2015: 26th Meeting of the Council\, 13th General Assembly of the Islamic Financial Services Board & Other Events (Seminar on Enhan
DESCRIPTION:Programme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n31/03/2015\nIFSB SEMINAR ON ENHANCING FINANCIAL INCLUSION THROUGH ISLAMIC FINANCE\n\n\n08:30 – 09:30\nRegistration\n\n\n09:30 – 10:30\nOpening & Keynote Session\n\n\n10:30 – 11:00\nCoffee break\n\n\n11:00 – 12:30\nSession 1: Promoting Financial Inclusion through Islamic Finance: Core Issues This session will discuss the importance of the roles as well as coordination amongst key stakeholders\, including the government\, regulatory and supervisory authorities and Islamic financial institutions in implementing action plans to enhance financial inclusion in their respective jurisdictions. This includes the promotion of consumer protection and financial education. The session also deliberates the work of the standard setting bodies and other relevant global bodies in financial inclusion to ensure the stability of the Islamic financial services industry.\n\n\n12:30 – 14:00\nLunch & Prayers\n\n\n14:00 – 15:30\nSession 2: Enhancing the Capacity of Islamic Microfinance\, Islamic SMEs and microTakāful to Alleviate Poverty and Contribute towards Sustainable Economic Growth This session will discuss the role of Islamic microfinance\, Islamic SMEs and microTakāful in enhancing financial inclusion. The discussion will include product innovation and the role of technology to encourage easy access to and efficient provision of Islamic financial instruments. It also explores the key success factors and challenges in promoting financial inclusion for greater shared prosperity and economic growth.\n\n\n15:30 – 16:00\nCoffee break\n\n\n16:00 – 17:30\nSession 3: Panel Discussion – Policies and Strategies for Enhancing Financial Inclusion: Regulation\, Stability and Innovation This session will discuss the role of regulators and standard setting bodies in supporting and increasing access to Islamic finance\, introducing policy measures to broaden the level of financial inclusion and contribute to the delivery of high-quality financial services\, as well as establishing cooperation frameworks for financial inclusion while ensuring the stability and resilience of the industry.\n\n\nDay 2\n01/04/2015\n09:30 – 12:30\n7th IFSB Public Lecture on Financial Policy and Stability\n\n\n12:30 – 14:30\nMeet the Members and Industry Engagement Session (Lunch)\n\n\n20:00 – 22:00\nWelcome Dinner\n\n\nDay 3\n02/04/2015\n09:00 – 12:20\n26th Meeting of the Council of the Islamic Financial Services Board\n\n\n12:25 – 13:30\n13th General Assembly\n\n\n13:30 – 14:30\nLunch and Prayer\n\n\n14:30 – 16:00\n11th Islamic Financial Stability Forum\n\n\n\nDownloadable Document(s)\n\n\n\n\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nSeminar on Enhancing Financial Inclusion through Islamic finance – List of confirmed speaker
URL:https://www.ifsb.org/event/eve00249-ifsb-annual-meetings-2015-26th-meeting-of-the-council-13th-general-assembly-of-the-islamic-financial-services-board-other-events-seminar-on-enhan/
LOCATION:Hotel Indonesia Kempinski\, jakarta\, Indonesia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150330T083000
DTEND;TZID=UTC:20150330T171500
DTSTAMP:20260404T045036
CREATED:20150330T002831Z
LAST-MODIFIED:20231228T012103Z
UID:11812-1427704200-1427735700@www.ifsb.org
SUMMARY:Focus Group Meeting on the Strategic Performance Plan 2016 - 2018
DESCRIPTION:As part of the formulation of the SPP 2016-2018\, the IFSB organises its first Focus Group Meetings in Jakarta comprising IFSB members amongst the Regulatory and Supervisory Authorities (including Multi-lateral institutions) and Industry Participants.\n\nThe objective of this Focus Group Meetings is to get a better understanding of the views of key stakeholders on emerging challenges facing the Islamic financial services industry\, as well as perceptions about the IFSB and its role in promoting the resilience and stability of the global industry. \n\n \n\nFor participation and further details\, please communicate through email to Mr. Hamizi Hamzah at hamizi@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n30/03/2015\n08:30 – 09:00\nRegistration and Morning Coffee For Full and Associate Members\n\n\n09:00 – 09:15\nBriefing on the Strategic Performance Plan 2016 – 2018 Project Dr. Sherif Ayoub\, Assistant Secretary-General of the IFSB\n\n\n09:15 – 11:55\nPresentation\, Feedback Collection and Interactive Session Moderator: Mr. Peter Casey\, Technical Consultant for the Project\n\n\n11:55 – 12:00\nClosing Remarks\n\n\n12:00 – 12:15\nCoffee Break\n\n\n13:30 – 14:00\nRegistration and Morning Coffee For Observer Members Only\n\n\n14:00 – 14:15\nBriefing on the Strategic Performance Plan 2016 – 2018 Project Dr. Sherif Ayoub\, Assistant Secretary-General of the IFSB\n\n\n14:15 – 16:55\nPresentation\, Feedback Collection and Interactive Session Moderator: Mr. Peter Casey\, Technical Consultant for the Project\n\n\n16:55 – 17:00\nClosing Remarks\n\n\n17:00 – 17:15\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00251-focus-group-meeting-on-the-strategic-performance-plan-2016-2018/
LOCATION:Palapi & Jati Meeting Room\, 2nd Floor\, Hotel Indonesia Kempinski\, JAKARTA\, Indonesia
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20150324T093000
DTEND;TZID=UTC:20150326T161500
DTSTAMP:20260404T045036
CREATED:20150324T002829Z
LAST-MODIFIED:20231228T012111Z
UID:11811-1427189400-1427386500@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Egypt)
DESCRIPTION:This Workshop is hosted by the Egyptian Banking Institute (EBI). \nThis 3-day Workshop is tailored for the regulatory and supervisory authorities as well as market players within the Islamic banking sector. It will focus on the following Standards: \n\n\n 	IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS); and\n 	IFSB-15: Revised Capital Adequacy for IIFS.\n\nFor more information on these Workshops\, please email to Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n24/03/2015\n09:30 – 09:45\nOpening Session by the IFSB and EBI Representatives\n\n\n09:45 – 11:15\nSession 1: Introduction to Islamic Finance and IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering Islamic Financial Services (IIFS) Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Understanding of Risks in IIFS General Requirements for Risk Management Process in IIFS Focus on Credit Risk Focus on Equity Investment Risk\n\n\n11:15 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Equity Investment Risk Focus on Market Risk Focus on Liquidity Risk\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n13:00 – 16:00\nSession 3: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Rate of Return Risk Focus on Operational Risk Role of Supervisory Authority\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 2\n25/03/2015\n09:30 – 11:00\nSession 4: IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 6: IFSB-15: Revised Capital Adequacy Standard for IIFS Principles for Minimum Capital Requirements Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes\n\n\n16:00 – 16:15\nCoffee Break\n\n\nDay 3\n26/03/2015\n09:30 – 11:00\nSession 7: IFSB-15: Revised Capital Adequacy Standard for IIFS Risk Mitigation Approaches Maturity Mismatch Recognition of Ratings by External Credit Assessment Institution (ECAI)\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-15: Revised Capital Adequacy Standard for IIFS Policies and Procedures for Market risk Guidance on Valuation Practices Measuring Market Risks\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 9: IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Operational Risk in Islamic Finance Sharī`ah Non-compliance Risk Group Exercise\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00234-ifsb-fis-workshop-series-egypt/
LOCATION:Room 504\, 5th Floor\, Egyptian Banking Institute (EBI)\, 22A\, Dr. Anwar El Mofty St.\, Tiba 2000\, P.O.Box 8164 Nasr City\, Cairo\, CAIRO\, Egypt
CATEGORIES:Capacity Building
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END:VEVENT
END:VCALENDAR