The IFSB Public Hearing on ED17 and GN-6

Awal 3, The Gulf Hotel Bahrain manama, Bahrain

In line with the IFSB due process for the development of Standards and Guiding Principles, a Public Hearing will be held for the following: 1. Exposure Draft 17: Core Principles for Islamic Finance Regulation (Banking Segment) 2. Exposure Draft of GN-6: Guidance Note on Quantitative Measure for Liquidity Risk Management in Institutions Offering Islamic Financial Services . For more information on the Public Hearing, please email to Ms. Nur Khairun Nissa Md Zawawi at [email protected] Programme - Event Session(s) Date Time Topics Day 1 30/11/2014 08:30 - 09:00 Registration 09:00 - 09:05 Opening Remark by the IFSB 09:00 - 09:35 Presentation by the Project Manager 09:35 - 10:10 Question and Answer 10:10 - 10:30 Coffe Break 10:30 - 11:00 Presentation by the Project Manager 11:00 - 11:30 Question and Answer 11:30 - 11:30 END OF SESSION Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) ED of GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in Institutions offering Islamic Financial Services - Arabic Version 3.) ED of GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in Institutions offering Islamic Financial Services - English Version 4.) ED-17: Core Principles for Islamic Finance Regulation (Banking Segment) - Arabic Version 5.) ED-17: Core Principles for Islamic Finance Regulation (Banking Segment) - English Version

IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance

Sasana Kijang, Bank Negara Malaysia Kuala Lumpur, Malaysia

This IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance offers a platform for high level deliberations and exchanges of views among participants – global leaders from among practitioners, regulators and academics – on a holistic overview on the key trends and momentum of corporate governance initiatives in the global and Islamic finance industry. Among others, the two-day Executive Forum will see the sharing of experiences and discussions of speci­fic issues facilitated by experienced speakers from among regulators, industry leaders and academics. The participants will bene­fit from delivering views of counterparts and peers of different backgrounds and geographical locations. To date, the following speakers are confirmed to speak at this Executive Forum: Dr. Bashir Aliyu Umar, Secretary of the Financial Regulation Advisory Council of Experts of the Central Bank of Nigeria Mr. Ramesh Pillai, Chairman, Board of Governors, Institute of Enterprise Risk Practitioners, Malaysia Prof. Dr. Mohamad Akram Laldin, Executive Director of International Sharī`ah Research Academy for Islamic Finance (ISRA) Dr. Hatim El Tahir, Director, Islamic Finance Group, Deloitte Middle East Ustaz Mohd Nazri Chik, General Manager, Sharī`ah Division, Bank Islam Malaysia Berhad Prof. Dr. Syed Abdul Hamid Aljunid, Professor of Corporate Governance and Ethics, INCEIF Assoc. Prof. Dr. Younes Soualhi, Chairman, Sharī`ah Board, HSBC Amanah Malaysia Berhad Assoc. Prof. Dr. Azman Mohd Noor, Deputy Chairman, Sharī`ah Board, Al-Rajhi Bank Malaysia Dr. Abdelgadir Warsama Ghalib, Senior Legal Adviser, Bank of Bahrain and Kuwait (BBK), Bahrain For more information on the Executive Forum, please email Mr. Hamizi Hamzah at [email protected] Programme - Event Session(s) Date Time Topics Day 1 09/12/2014 08:30 - 09:30 Morning Coffee and Registration 09:30 - 09:45 Opening & Welcoming Address 09:45 - 11:00 Session 1: Building Momentum for Effective Corporate Governance Recent Key Developments in the Global and Islamic Finance Industry Recent Initiatives and Impact on the Behaviour of Market Participants and Industry Players Gap Analysis and Ongoing Challenges on Corporate Governance 11:00 - 11:30 Group Photo and Coffee Break 11:30 - 13:00 Session 2: Risk Governance and Internal Controls: The Initiative from Within Top Management and BOD Functions as Providing Overall Direction over Enterprise-Wide Risk Management Initiatives Internal Control Structures, Tools and Mechanisms Exclusive for IIFS Challenges of Risk Governance 13:00 - 14:00 Lunch and Prayers 14:00 - 15:30 Session 3: Board Roles and Structure: Sound Governance Starts From the Top Present and Evolving Roles and Structure of the BOD and its Committees Recent Developments in Local and International Legislations as well as Supervisory Initiatives Tools and Mechanisms Available to the BOD in Discharging their Duties in Institutions Offering Islamic Financial Services (IIFS) 15:30 - 16:00 Coffee Break 16:00 - 17:30 Session 4: Sharī`ah Governance Framework: Achieving Greater Credibility Across Borders Sharī`ah Governance Practices Across Different Jurisdictions Infrastructural and Other Factors Contributing to Differences in Sharī`ah Governance Practices Adoption of Best Practices by IIFS Operating Across Jurisdictions Day 2 10/12/2014 08:30 - 09:30 Morning Coffee 09:30 - 11:00 Session 5: Aligning Corporate and Sharī`ah Governance: Understanding the Common Objectives Alignment of Corporate and Sharī`ah Governance Objectives Identifying and Addressing Potential Overlap between Corporate and Sharī`ah Governance Can Maqāsid al-Sharī`ah Contribute to Formulating Rules, Policies and Procedures on Corporate Governance in IIFS? 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 6: Towards Greater Market Discipline: Enhancing Disclosure Requirements for Islamic Financial Institutions Cost-benefit Analysis on the Need for Greater Market Discipline and Enhanced Disclosure Existing Disclosure Practices Amongst IIFS The Role of Supervisors in Enforcing Market Discipline and Enhanced Disclosure 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 7: Panel Discussion - Evolving Issues and Challenges in Corporate and Sharī`ah Governance Giving Voice to Investment Account Holders (and Takāful Participants) – The Role of Governance Committee and Trust Structures Board of Directors and Sharī`ah Board Accountability – Practices and Challenges Achieving the Right Balance Between Conformance and Performance – The Way Forward for the Islamic Financial Services Industry 16:00 - 16:30 Closing & Certificate Giving Ceremony 16:30 - 17:00 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Brochure - EF6 3.) Lanai Kijang Reservation Form

25th Meeting of the Council of the IFSB (For Council Members only) (including 10th Islamic Financial Stability Forum)

- Bali, Indonesia

The 25th Meeting of the Council of the IFSB is hosted by Bank Negara Malaysia. Invitation letters will be sent to Council members in due course. For more information on the meeting, please email Ms. Nur Khairun Nissa Md Zawawi at [email protected] Programme - Event Session(s) Day 1 11/12/2014 25TH MEETING OF THE COUNCIL OF THE IFSB 10TH ISLAMIC FINANCIAL STABILITY FORUM 09:30 - 13:00 25th MEETING OF THE COUNCIL OF THE IFSB 14:30 - 16:30 10th ISLAMIC FINANCIAL STABILITY FORUM Theme : Preserving the Soundness and Stability of the Islamic Financial Services Industry: The Development of a Financial Safety Net Infrastructure Downloadable Document(s) 1.) Event Session(s) - PDF Format

10th Islamic Financial Stability Forum : Preserving the Soundness and Stability of the Islamic Financial Services Industry: The Development of a Financial Safety Net Infrastructure

Kuala Lumpur Kuala Lumpur, Malaysia, Malaysia

The IFSB organised its 10th Islamic Financial Stability Forum (10th IFSF) on 11 December 2014, in Kuala Lumpur, Malaysia. The 10th IFSF was held in conjunction with the 25th Council Meeting of the IFSB, hosted by Bank Negara Malaysia. Programme - Event Session(s) Date Time Topics Day 1 11/12/2014 15:00 - 15:05 Chairman’s Remarks H.E. Yusof Haji Abd Rahman, Managing Director, Autoriti Monetari Brunei Darussalam 15:05 - 16:00 Presentation on the Development of a Financial Safety Net Infrastructure for the Islamic Financial Services Industry Speakers: 1. Mr. Jaseem Ahmed, Secretary-General, Islamic Financial Services Board 2. Mr. Zahid ur Rehman Khokher, Assistant Secretary-General, Islamic Financial Services Board Discussants: 1. Mr. Greg Cavanagh, Counsel and Vice President, Legal Group, Federal Reserve Bank of New York 2. Mr. Rafiz Azuan Abdullah, Executive General Manager, Malaysia Deposit Insurance Corporation 16:00 - 16:30 Discussion and Q&A Session 16:30 - 17:00 Coffee and Networking Break End of Forum Downloadable Document(s) 1.) Event Session(s) - PDF Format

The IFSB Public Hearing on ED17 and GN-6

Mini Forum 1.3, Level 1, Sasana Kijang KUALA LUMPUR, Malaysia

In line with the IFSB due process for the development of Standards and Guiding Principles, a Public Hearing will be held for the following: 1. Exposure Draft 17: Core Principles for Islamic Finance Regulation (Banking Segment) 2. Exposure Draft of GN-6: Guidance Note on Quantitative Measure for Liquidity Risk Management in Institutions Offering Islamic Financial Services . For more information on the Public Hearing, please email to Ms. Nur Khairun Nissa Md Zawawi at [email protected] Programme - Event Session(s) Date Time Topics Day 1 16/12/2014 14:30 - 15:00 Registration 15:00 - 15:05 Opening Remarks by the Secretary-General of the IFSB 15:05 - 15:35 Presentation by the Project Manager 15:35 - 16:05 Question and Answer 16:05 - 16:35 Presentation by the Project Manager 16:35 - 17:05 Question and Answer 17:05 - 17:30 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format

IFSB-FIS Workshop Series (Sudan)

- Bali, Indonesia

This Workshop is hosted by the Central Bank of Sudan.  This 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 IFSB-15: Revised Capital Adequacy Standard for Institutions offering only Islamic Financial Services (IIFS).  For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 10/02/2015 09:30 - 09:45 Opening Session by the IFSB and the CBOS Representatives 09:45 - 11:15 Session 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 11:15 - 11:30 Group Photo and Coffee Break 11:30 - 13:00 Session 2: IFSB-15: Revised Capital Adequacy Standard for IIFS Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio Case Study on Countercyclical Buffer 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 3: IFSB-15: Revised Capital Adequacy Standard for IIFS Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation Recognition of Ratings by External Credit Assessment Institution (ECAI) 16:00 - 16:15 Coffee Break Day 2 11/02/2015 09:30 - 11:00 Session 4: 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 Measuring Market Risks 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Operational Risk in Islamic Finance Measuring Operational Risks Sharīah Non-compliance Risk Group Exercise 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 6: IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation Credit Enhancement for Sukūk Credit Rating for Sukūk Assets in Securitisation 16:00 - 16:15 Coffee Break Day 3 12/02/2015 09:30 - 11:00 Session 7: IFSB-15: Revised Capital Adequacy Standard for IIFS Recognition of Risk Transference Operational Requirements for Credit Analysis Treatment for Regulatory Capital Purposes for Sukūk and Securitisation Exposures Capital Requirements for Sukūk 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8: IFSB-15: Revised Capital Adequacy Standard for IIFS Capital Requirements Where the IIFS is the Originator Treatment of Credit Risk Mitigation for Securitisation Exposures Capital Requirements Where the IIFS is the Credit Enhancer Case Study 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 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 16:00 - 16:15 Closing & Certificate Giving Ceremony 16:15 - 16:30 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format

IFSB-FIS Workshop Series (Egypt)

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

This Workshop is hosted by the Egyptian Banking Institute (EBI). This 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: IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS); and IFSB-15: Revised Capital Adequacy for IIFS. For more information on these Workshops, please email to Mr. Hamizi Hamzah at [email protected] Programme - Event Session(s) Date Time Topics Day 1 24/03/2015 09:30 - 09:45 Opening Session by the IFSB and EBI Representatives 09:45 - 11:15 Session 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 11:15 - 11:30 Group Photo and Coffee Break 11:30 - 13:00 Session 2: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Equity Investment Risk Focus on Market Risk Focus on Liquidity Risk 13:00 - 14:00 Lunch and Prayers 13:00 - 16:00 Session 3: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Rate of Return Risk Focus on Operational Risk Role of Supervisory Authority 16:00 - 16:15 Coffee Break Day 2 25/03/2015 09:30 - 11:00 Session 4: IFSB-15: Revised Capital Adequacy Standard for IIFS Components of Capital Capital Conservation Buffer Countercyclical Buffer 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 5: IFSB-15: Revised Capital Adequacy Standard for IIFS Leverage Ratio Domestic Systemically Important Banks Group Exercise on Leverage Ratio 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 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 16:00 - 16:15 Coffee Break Day 3 26/03/2015 09:30 - 11:00 Session 7: IFSB-15: Revised Capital Adequacy Standard for IIFS Risk Mitigation Approaches Maturity Mismatch Recognition of Ratings by External Credit Assessment Institution (ECAI) 11:00 - 11:30 Coffee Break 11:30 - 13:00 Session 8: IFSB-15: Revised Capital Adequacy Standard for IIFS Policies and Procedures for Market risk Guidance on Valuation Practices Measuring Market Risks 13:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 9: IFSB-15: Revised Capital Adequacy Standard for IIFS Understanding the Operational Risk in Islamic Finance Sharī`ah Non-compliance Risk Group Exercise 16:00 - 16:15 Closing & Certificate Giving Ceremony Downloadable Document(s) 1.) Event Session(s) - PDF Format

Focus Group Meeting on the Strategic Performance Plan 2016 – 2018

Palapi & Jati Meeting Room, 2nd Floor, Hotel Indonesia Kempinski JAKARTA, Indonesia

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. The 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.    For participation and further details, please communicate through email to Mr. Hamizi Hamzah at [email protected] Programme - Event Session(s) Date Time Topics Day 1 30/03/2015 08:30 - 09:00 Registration and Morning Coffee For Full and Associate Members 09:00 - 09:15 Briefing on the Strategic Performance Plan 2016 – 2018 Project Dr. Sherif Ayoub, Assistant Secretary-General of the IFSB 09:15 - 11:55 Presentation, Feedback Collection and Interactive Session Moderator: Mr. Peter Casey, Technical Consultant for the Project 11:55 - 12:00 Closing Remarks 12:00 - 12:15 Coffee Break 13:30 - 14:00 Registration and Morning Coffee For Observer Members Only 14:00 - 14:15 Briefing on the Strategic Performance Plan 2016 – 2018 Project Dr. Sherif Ayoub, Assistant Secretary-General of the IFSB 14:15 - 16:55 Presentation, Feedback Collection and Interactive Session Moderator: Mr. Peter Casey, Technical Consultant for the Project 16:55 - 17:00 Closing Remarks 17:00 - 17:15 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format

IFSB Annual Meetings 2015: 26th Meeting of the Council, 13th General Assembly of the Islamic Financial Services Board & Other Events (Seminar on Enhan

Hotel Indonesia Kempinski jakarta, Indonesia

Programme - Event Session(s) Date Time Topics Day 1 31/03/2015 IFSB SEMINAR ON ENHANCING FINANCIAL INCLUSION THROUGH ISLAMIC FINANCE 08:30 - 09:30 Registration 09:30 - 10:30 Opening & Keynote Session 10:30 - 11:00 Coffee break 11:00 - 12:30 Session 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. 12:30 - 14:00 Lunch & Prayers 14:00 - 15:30 Session 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. 15:30 - 16:00 Coffee break 16:00 - 17:30 Session 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. Day 2 01/04/2015 09:30 - 12:30 7th IFSB Public Lecture on Financial Policy and Stability 12:30 - 14:30 Meet the Members and Industry Engagement Session (Lunch) 20:00 - 22:00 Welcome Dinner Day 3 02/04/2015 09:00 - 12:20 26th Meeting of the Council of the Islamic Financial Services Board 12:25 - 13:30 13th General Assembly 13:30 - 14:30 Lunch and Prayer 14:30 - 16:00 11th Islamic Financial Stability Forum Downloadable Document(s) 1.) Event Session(s) - PDF Format 2.) Seminar on Enhancing Financial Inclusion through Islamic finance - List of confirmed speaker

11th Islamic Financial Stability Forum : Comparative Study on the Implementation of the IFSB Standards: Cross-country Assessment

Jakarta Jakarta, Indonesia, Indonesia

The IFSB organised its 11th Islamic Financial Stability Forum (11th IFSF) on 2 April 2015, in Jakarta, Indonesia. The 11th IFSF was held in conjunction with the 26th Council Meeting of the IFSB, hosted by Bank Indonesia. Programme - Event Session(s) Date Time Topics Day 1 02/04/2015 14:30 - 14:40 Chairman’s Remarks H.E. Agus D.W. Martowardojo, Governor, Bank Indonesia 14:40 - 15:00 Presentation 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 15:00 - 15:20 Topic : Country Experience on the Implementation of the IFSB Standards H.E. Saeed Ahmad, Deputy Governor, State Bank of Pakistan 15:20 - 15:40 Topic : Country Experience on the Implementation of the IFSB Standards Mr. Khalid Hamad Abdulrahman, Executive Director of Banking Supervision, Central Bank of Bahrain 15:40 - 16:00 Discussion and Q&A Session Downloadable Document(s) 1.) Event Session(s) - PDF Format

IFSB-FIS Workshop Series (Tajikistan)

- Bali, Indonesia

This Workshop is hosted by the National Bank of Tajikistan.  This 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: Introduction to Islamic Finance and Islamic Banking Operations IFSB-1 :Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS) IFSB-10 :Guiding Principles on Sharī`ah Governance Systems for IIFS. IFSB-15 :Revised Capital Adequacy Standard for IIFS. IFSB-16 :Revised Guidance on Key Elements In The Supervisory Review Process of IIFS. Participation in this Workshop is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Hamizi Hamzah at [email protected]. Programme - Event Session(s) Date Time Topics Day 1 07/04/2015 08:30 - 09:00 Registration 09:00 - 09:15 Opening Session by the IFSB, and the NBT Representatives 09:15 - 10:45 Session 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 10:45 - 11:30 Group Photo and Coffee Break 11:30 - 13:00 Session 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 13:00 - 14:30 Lunch and Prayers 14:30 - 16:00 Session 3: IFSB-1: Guiding Principles of Risk Management for IIFS Focus on Operational Risk Focus on Market Risk Focus on Liquidity Risk 16:00 - 16:15 Coffee Break Day 2 08/04/2015 09:00 - 10:30 Session 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 10:30 - 13:00 Coffee Break 11:00 - 12:30 Session 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 12:30 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 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 16:00 - 16:15 Coffee Break Day 3 09/04/2015 09:00 - 10:30 Session 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 10:30 - 11:00 Coffee Break 11:00 - 12:30 Session 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 12:30 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 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 16:00 - 16:15 Coffee Break Day 4 10/04/2015 08:30 - 10:00 Session 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 10:00 - 10:30 Coffee Break 10:30 - 12:00 Session 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) 12:00 - 14:00 Lunch and Prayers 14:00 - 16:00 Session 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 16:00 - 16:15 Closing & Certificate Giving Ceremony 16:15 - 16:30 Coffee Break Downloadable Document(s) 1.) Event Session(s) - PDF Format

Focus Group Meeting on the Strategic Performance Plan 2016 – 2018

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

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. The 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. For participation and further details, please communicate through email to Mr. Hamizi Hamzah at [email protected]