IFSB ANNUAL MEETINGS 2026
EXTRAORDINARY COUNCIL | 48TH COUNCIL | 24TH GENERAL ASSEMBLY | SIDE EVENTS
EXTRAORDINARY COUNCIL | 48TH COUNCIL | 24TH GENERAL ASSEMBLY | SIDE EVENTS
As Islamic financial institutions continue to grow in complexity and scale, effective risk management becomes critical to ensuring resilience and financial stability. This course provides a rigorous and applied understanding of risk management for institutions offering Islamic financial services (IIFS), anchored in IFSB-1: Risk Management for Institutions Offering Islamic Financial Services. The course opens with the foundational risk management cycle and examines how each stage is influenced by the nature of Islamic contracts and the Sharīʿah governance structures that underpin them. Participants will gain a clear understanding of both the risks common to all financial institutions (credit, market, liquidity, and operational risk) and the risks specific to Islamic banks, including equity investment risk, rate of return risk, displaced commercial risk, Sharīʿah non-compliance risk, and fiduciary risk. A key feature of the course is its contract-level analysis of risk. Participants will examine how credit and market risks arise and transform across different stages of Islamic financing contracts and how these transformations demand a holistic, interconnected approach to risk management. The course further covers Sharīʿah-compliant credit risk mitigation techniques, including Hamish Jiddiyah, Urbun, Kafalah, and Rahn. The course is ideal for regulators, supervisors, and practitioners with a background in Islamic finance
Should you require any additional information regarding the workshop, please contact the IFSB Secretariat through Ms. Alina Nur Shaida ([email protected]), and cc Ms. Nurul Ashikin ([email protected]) and Mr. Ridwan Sobirin ([email protected]).
Course Description: This course offers comprehensive guidance on implementing effective Recovery and Resolution Frameworks (RRF) for Takāful undertakings (TUs), focusing on Takāful Core Principles (IFSB-27). It addresses the unique characteristics of Takāful operations and their implications for exit strategies, resolution planning, and enterprise risk management for solvency purposes. Participants will learn how to interpret and apply TCP 12 (Exit from the Market and Resolution) and TCP 16 (Enterprise Risk Management for Solvency Purposes) in the context of Takāful. It also provides practical guidance in addressing legal and operational challenges such as liquidation regimes, fund resolutions, and Sharīʻah compliance. Additionally, the participants will be able to Implement strong accounting, auditing, and disclosure regimes for Takāful undertakings and windows. The course combines theoretical foundations with practical insights, ensuring participants can design and implement effective recovery and resolution strategies for Takāful institutions that are systemically significant or critical. Qualification: Participants should possess background in finance, insurance regulation, or Islamic finance. This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_U81CzrLzQhCxCDcpe3KXkw
Course Description: This seminar provides comprehensive guidance on the design, implementation, and enhancement of Shariah‑compliant deposit insurance systems, with reference to global practices and the ongoing revision of the IFSB Core Principles for Islamic Deposit Insurance. Participants will explore critical design elements such as Shariah‑compliant coverage structures, fund segregation in dual banking systems, enforcement of Shariah compliance among member institutions, and the use of Shariah‑aligned resolution tools. The seminar also guides participants in understanding the policy, regulatory, and operational requirements necessary to ensure that Islamic deposit insurance systems remain effective, transparent, and aligned with Shariah principles. Combining theoretical foundations with practical insights from jurisdictions with established Islamic deposit insurance regimes, the seminar equips participants with the knowledge to assess design gaps, and enhance governance practices. Qualification: This seminar is intended for deposit insurer institutions, regulatory authorities and central banks, Shariah scholars and advisory boards, Representatives from Islamic deposit-taking financial institutions, Academics and researchers specializing in Islamic finance.
Course Description: This course introduces the IFSB Guidance Note (GN-11) on Climate-Related Financial Risks (CRFR) and examines how climate change can impact the financial soundness of Islamic banking institutions. It explores both physical and transition risks, their implications for Sharīʿah-compliant contracts and portfolios, and the integration of climate risk into governance, risk management, and disclosure practices. Participants will learn how Islamic banks can align their frameworks with IFSB and global sustainability standards, including TCFD and ISSB recommendations. Case studies and workshops provide practical tools for identifying, assessing, and mitigating climate risks while supporting Sharīʿah objectives, ESG and SDG. Qualification: Participants should have a basic understanding of Islamic finance and sustainability. This is a complimentary online course. You may register here: https://zoom.us/webinar/register/WN_RnDDqkkwSSi_lhuRI_GtmQ
Course Description: This course provides an immersive, hands‑on learning experience designed to strengthen participants’ understanding and practical skills in managing liquidity risk within financial institutions. Through simulation‑based exercises, participants will engage in real‑time decision‑making scenarios that mirror the dynamics of liquidity stress, funding pressures, and market disruptions. Participants will navigate crisis scenarios, assess trade‑offs between funding options, manage liquidity shocks, and coordinate responses across key functions. Participants will be equipped to identify vulnerabilities, evaluate liquidity positions, and implement robust strategies to maintain resilience in both normal and stress conditions. The course is ideal for practitioners seeking applied, scenario‑based training in liquidity risk management. Qualification: Participants should have a basic understanding of Islamic finance and experience in regulation, supervision, and practitioners.