Islamic Financial Services Board

47th Meeting of the Technical Committee of the IFSB
2019-03-26 - 2019-03-27 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The 47th Meeting of the Technical Committee of the IFSB is scheduled to be held as follows:

Date : 26 – 27 March 2019
Time : 9.30 am to 5.30 pm
Venue : Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org

1st Meeting of the IFSB Executive Committee
2019-03-15 09:30 - 17:30 UTC | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The 1st Meeting of the Executive Committee of the IFSB is scheduled to be held as follows:

Date : 15 March 2019
Time : 9.30 am to 5.30 pm
Venue : Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org

3rd Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector
2019-03-07 | Bandar Seri Begawan, Bandar Seri Begawan, Bandar Seri Begawan, Brunei Darussalam

3rd Meeting of the Core Principles for Islamic Finance Regulation: Effective Islamic Deposit Insurance Systems (CPIFR-IDIS) Working Group
2019-03-07 | Bandar Seri Begawan, Bandar Seri Begawan, Bandar Seri Begawan, Brunei Darussalam

11th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs)
2019-03-04 09:30 - 2019-03-05 17:30 | The Rizqun International Hotel, Abdul Razak Complex, Abdul Razak Complex, Bandar Sri Begawan, Brunei Darussalam
The 11th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held as follows:

Date : 4 – 5 March 2019
Time : 9.30 am to 5.30 pm
Venue : The Rizqun International Hotel, Abdul Razak Complex, Bandar Seri Begawan, Brunei Darussalam

Participation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org

7th Meeting Of The Task Force On Technical Note On Financial Inclusion
2019-01-29 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia

27th Meeting of the Arabic Editing Committee
2019-01-28 09:30 - 2019-02-01 17:30 | IFSB meeting room Sasana Kijang + Discussion Room, Lanai Kijang, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
27th Meeting of the Arabic Editing Committee is scheduled to be held as follows:

Date : 28 January – 1 February 2019
Time : 9.30 am to 5.30 pm
Venue : 28 January 2019 – IFSB meeting room Sasana Kijang
29 January to 1 February 2019 – Discussion Room, Lanai Kijang

Participation in the meeting is by invitation only. For more information please email: madaa.munjid@ifsb.org

2nd Working Group Meeting of Disclosures To Promote Transparency And Market Discipline For Takaful / Retakaful Undertakings
2019-01-17 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia

Facilitating the Implementation of the IFSB Standards (FIS) Workshop
2019-01-14 08:30 - 2019-01-17 16:00 | Bishkek, Bishkek, Bishkek, Kyrgyzstan
This 4-day Workshop is tailored for the National Bank of the Kyrgyz Republic. It will discuss the following IFSB Standards:

IFSB-17
Core Principles for Islamic Finance Regulation (Banking Segment)

IFSB-15
Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS)

IFSB-12
Guiding Principles on Liquidity Risk Management for IIFS

IFSB-03
Guiding Principles on Corporate Governance for IIFS

IFSB-10
Guiding Principles on Sharī`ah Governance Systems for IIFS

This Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
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
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

For queries, please contact the IFSB Secretariat, Mr. Esam Osama Al-Aghbari at Esam@ifsb.org.
Programme – Event Session(s)

Date
Time
Topics

Day 1
14/01/2019
08:30 – 09:30
Registration, Opening, Welcoming Address and Group Photo

09:30 – 11:00
Session 1 – IFSB-17 : Core Principles for Islamic Finance Regulation (Banking Segment)

11:30 – 13:00
Session 2 – IFSB-17 : Core Principles for Islamic Finance Regulation (Banking Segment)

14:00 – 16:00
Session 3 – IFSB-17 : Core Principles for Islamic Finance Regulation (Banking Segment)

Day 2
15/01/2019
09:30 – 11:00
Session 4 – IFSB-15 : Revised Capital Adequacy Standard for IIFS

11:30 – 13:00
Session 5 – IFSB-15 : Revised Capital Adequacy Standard for IIFS

14:00 – 16:00
Session 6 – IFSB-15 : Revised Capital Adequacy Standard for IIFS

Day 3
16/01/2019
09:30 – 11:00
Session 7 – IFSB-15 : Revised Capital Adequacy Standard for IIFS

11:30 – 13:00
Session 8 – IFSB-15 : Revised Capital Adequacy Standard for IIFS

14:00 – 16:00
Session 9 – IFSB-12 : Guiding Principles on Liquidity Risk Management of IIFS

Day 4
17/01/2019
09:30 – 11:00
Session 10 – IFSB-12 : Guiding Principles on Liquidity Risk Management of IIFS

11:30 – 13:00
Session 11 – IFSB-3 : Guiding Principles on Corporate Governance for IIFS

14:00 – 16:00
Session 12 – IFSB-10 : Guiding Principles on Sharī`ah Governance System for IIFS

IFSB-Bank Indonesia Joint Seminar and Workshop on Financial Inclusion
2018-12-11 08:30 - 17:00 | Diamond Room 3 & 4 Grand City Convention and Exhibition Hall, Jl. Gubeng Pojok No.1, Ketabang, Kec. Genteng, Surabaya, Indonesia
The program targets to improve participants understanding on financial inclusion activities in Islamic finance that will support poverty alleviation and income generation objectives of jurisdictions. Market players and service providers will also gain insights into the operational and regulatory considerations for offering Shari’ah-compliant inclusive finance products and services.
The Joint Seminar and Workshop is free of charge.
Event Snapshots

Programme – Event Session(s)

Date
Time
Topics

Day 1
11/12/2018
08:30 – 09:00
Registration and Networking

09:00 – 09:30
Opening and Welcoming Remarks

09:30 – 09:45
Keynote Address

09:45 – 10:00
Coffee Break and Networking

10:00 – 12:00
Session 1: Panel Discussion on Unlocking Economic Opportunities and Enabling Livelihood Creation: The Islamic Finance Proposition What are practical measures and modalities through which Sharīʿah-compliant financial inclusion activities can enable jobs and wealth creation in various jurisdictions? How have these modalities been implemented in practice (i.e. specific case studies based on real examples) and what were the challenges faced in these initiatives and measures adopted to address them? How could regulators and standard setting bodies support these measures along with an analysis on the operational matters as well as other legal/intra-jurisdictional cooperation issues that will support smooth implementation of various policies?

12:00 – 13:30
Lunch and prayers

13:30 – 16:30
Session 2: Workshop on Approaching Financial Inclusion through Islamic Finance: Challenges, Opportunities and Solutions Approach to financial inclusion activities in Islamic finance, including Islamic microfinancing, SME financing, Islamic social finance and its integration with commercial Islamic finance Specificities of Islamic financial inclusion activities as well as other operational requirements by service providers that offer Islamic financial inclusion products Role of technology to support financial accessibility Regulatory and legal considerations for offering Shariah-compliant financial inclusion products and services Success factors and challenges in promoting financial inclusion for greater shared prosperity and economic growth

16:30 – 17:00
Coffee and Networking

33rd Islamic Financial Services Board (IFSB) Council Meeting and Side Events
2018-12-05 - 2018-12-06 | Jeddah, Jeddah, Saudi Arabia, Saudi Arabia
The details of the event are as follows:

Wednesday, 5 December 2018

Roundtable on Technical Note on Financial Inclusion (TN-3)
IFSB Members and Industry Engagement Session
Welcome Dinner and 18th Islamic Financial Stability Forum hosted by the Saudi Arabian Monetary Authority

Thursday, 6 December 2018

33rd IFSB Council Meeting

Participation in the 33rd IFSB Council Meeting and Welcome Dinner is by invitation only. For enquiries, please email Ms. Nissa at khairun.nissa@ifsb.org

All other events are OPEN to ALL INTERESTED PARTIES. Please email your enquiries to Mrs. Ida Shafinaz at ida.shafinaz@ifsb.org

The IFSB and IsDB look forward to welcoming members of the IFSB and Islamic finance industry stakeholders to Jeddah, Saudi Arabia.

Event Snapshots

Programme – Event Session(s)

Date
Time
Topics

Day 1
05/12/2018

ROUNDTABLE ON TECHNICAL NOTE ON FINANCIAL INCLUSION (TN-3)
IFSB MEMBERS AND INDUSTRY ENGAGEMENT SESSION
WELCOME DINNER AND 18TH ISLAMIC FINANCIAL STABILITY FORUM

08:30 – 09:00
Registration and Welcome Coffee

09:00 – 12:00
Roundtable Session

12:00 – 13:30
Prayer and Lunch

13:30 – 15:00
IFSB Members and Industry Engagement Session

19:30 – 21:30
Welcome Dinner and 18th Islamic Financial Stability Forum

Day 2
06/12/2018

33RD IFSB COUNCIL MEETING

08:30 – 12:15
33rd Council Meeting

12:10 – 13:10
Prayer and Lunch

13:10 – 15:45
Continuation of the 33rd Meeting of the Council of the IFSB

46th IFSB Technical Committee Meeting
2018-11-14 09:30 - 17:30 | Abu Dhabi, Abu Dhabi, Abu Dhabi, United Arab Emirates
46th IFSB Technical Committee Meeting is scheduled to be held as follows:

Date: 14 November 2018

Time: 9:30am – 5:30pm

Venue: Abu Dhabi, United Arab Emirates

Participation in the meeting is by invitation only. For more information please email to: khairun.nissa@ifsb.org

IFSB-IILM-IIFM Joint-Seminar on Islamic Capital Markets
2018-11-13 | Auditorium, Level 3, Abu Dhabi Global Market (ADGM) Building, ADGM Square, Al Maryah Island, Island - ADGM Authorities Building - Al Maryah Island - Abu Dhabi Global Market Square, Abu Dhabi, United Arab Emirates
Theme: Fostering Economic Development and Strengthening Financial Sector Resilience: The Role of Islamic Capital Market Instruments
The program intends to facilitate an informed understanding of the participants regarding modern ICM instruments beyond traditional products and their use and role in supporting various developmental and economic/financial aspirations of a jurisdiction. The participants will also benefit through the cross-generation of ideas amongst the seminar audience to identify new innovations in the ICM to further streamline its adoption while also discussing practical measures to address any existing limitations restricting the widespread use and implementation of ICM instruments. Market players and service providers will also gain insights into the operational, Shari’ah and regulatory considerations for offering ICM products and services.
For more information please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org

Event Snapshots

Programme – Event Session(s)

Date
Time
Topics

Day 1
13/11/2018
08:00 – 08:30
Registration and Networking

08:30 – 08:50
Welcoming and Opening Remarks

08:50 – 09:20
Special Presentation

09:20 – 10:00
Coffee Break and Networking

10:00 – 11:30
Session 1: Panel Discussion on Sukuk – Have We Realised Its True Potential? Progresses made and milestones accomplished to-date in the global Sukuk market Diverse users of Sukuk to meet various economic, developmental and financial needs Issues that remain unaddressed or that are limiting full utilization of Sukuk as an instrument supporting diverse economic and financial needs Efforts to promote harmonization in Sukuk structures to encourage wider cross-border issuances New innovative Sukuk structures utilized for various fund-raising activities Specific case studies and country showcase/presentation on Sukuk market

11:30 – 13:00
Session 2: Panel Discussion on Supporting New Liquidity Regulations – The Role of ICM Instruments New post-crisis liquidity regulations applicable upon financial institutions The challenges in provision of Shari?ah-compliant high-quality liquid assets (HQLA) that satisfy the new regulatory requirements The role of ICM, and Sukuk in particular, to meet these liquidity regulations Shari?ah-compliant structures that can be utilised to issue tradable liquidity management instruments Efforts and opportunities to list and trade ICM instruments in exchanges/bourses Case study examples on liquidity management programmes initiated by specific jurisdictions

13:00 – 14:30
Lunch and Networking

14:30 – 16:00
Session 3: Panel Discussion on The Optimal Balance: Products Innovation, Shariah Requirements, Consumer Protection and Other Regulatory Considerations Various ICM products including equities, Sukuk, Islamic collective investment schemes (ICIS), hedging products, specialised ICIS, asset securitisations, etc. The introduction of FinTech in the ICM (e.g. p2p operators, crowdfunding platforms, robo-advisers, etc) Potential issues of consumer protection, Shari?ah requirements and other regulatory considerations Specific case studies on FinTech products and regulatory sandboxes to encourage innovation and development Future directions for the efficient and smooth innovation, growth and development of the ICM

10th Task Force Meeting on Prudential and Structural Islamic Finance Indicators (PSIFIs)
2018-11-07 09:30 - 2018-11-08 17:30 | Meeting Room 2, Level 4, Lanai Kijang, Meeting Room 2, Level 4, Lanai Kijang, Kuala Lumpur, Malaysia
The 10th Task Force Meeting on Prudential and Structural Islamic Finance Indicators (PSIFIs) is scheduled to be held as follows:

Date : 7 – 8 November 2018 (2 days)

Time : 9:30am – 5:30pm

Venue : Meeting Room 2, Level 4, Lanai Kijang, Jalan Berjasa, 50480 Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to Ms. Nissa at khairun.nissa@ifsb.org

IFSB Executive Forum - Effective Risk Management Oversight and Governance of Islamic Banks
2018-10-29 - 2018-10-30 | Training Room 3.1 & 3.2, Level 3, Sasana Kijang, Training Room 3.1 & 3.2, Level 3, Sasana Kijang, Kuala Lumpur, Malaysia
Themed “Effective Risk Management Oversight and Governance of Islamic Banks”, the IFSB Executive Forum which is targeted at Board of Directors and senior management aims to:

Identify the emerging issue in risk management oversight and governance of Islamic banks for the board of directors and senior executives
Discuss and share experiences related to governance and oversight of the management of core risk areas, particularly the specific risk aspects of Islamic banks relating to credit, operational, liquidity and market risks as well as Shariah and legal risks in documentation and structuring of Islamic finance products
Identify relevant features, criteria, policies and regulation pertaining to risk issues in Islamic banks, current challenges in risk oversight and governance of Islamic banks, in the context of best practices and principles/Standards for effective management and governance of Islamic bank

At the end of the 2-day Executive Forum, participants will be able to achieve a greater understanding of risk oversight and governance issues for effective risk management of Islamic banks through shared industry experiences and best practices, and the application of relevant IFSB Standards.

For registration and quiries, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org

Event Snapshots

Programme – Event Session(s)

Date
Time
Topics

Day 1
29/10/2018
08:30 – 09:30
Networking Coffee and Registration

09:30 – 09:45
Opening and Welcoming Remarks

09:45 – 10:00
Introduction to the IFSB

10:00 – 11:00

Session 1: Risk Governance of Islamic Banks and Regulatory Compliance (Moderated Session)
What are the prevalent practices and critical challenges in oversight of risk management, by the BOD and senior management? What are the new perspectives, industry trends and opportunities for effective governance of risk management for Islamic banks? What are the key considerations in complying with global regulatory requirements?

11:00 – 11:30
Group Photo and Coffee Break

11:30 – 13:00

Session 2: Case Studies on Oversight of Operational, Sharīʿah-compliance and Legal Risks: Issues and Challenges
What is the impact of the evolving operational risk profile of financial institutions? What are the unique oversight challenges for Sharīʿah non-compliance risk management? What is the impact of legal frameworks on product development for Islamic banks? What are the implications of non-robust Sharīʿah and legal frameworks? How can the BOD and senior management overcome compliance challenges in the above respects and strengthen their internal control systems?

13:00 – 14:30
Lunch and Prayers

14:30 – 16:00

Session 3: Risk Governance and Oversight: Role of the Board and Risk Committee.
How can the elements of governance, risk and compliance be integrated towards more effective BOD oversight? What are the considerations in setting the BOD?s expectations for risk management and internal controls? How do you effectively assess the performance of chief risk officers and internal audit functions? How do you minimise the overlaps in responsibilities of the Governance, Risk Management and Audit Committees?

16:00 – 16:30
Coffee and Refreshments

Day 2
30/10/2018
08:30 – 09:30
Networking Coffee

09:30 – 10:00
IFSB Presentation on PSIFIs

10:00 – 11:00

Session 4: Case Studies on Oversight of Financial Risk Management: Credit, Market, Liquidity and Equity Risks of Islamic Banks
Introductory presentation: Global Perspectives and IFSB Standards Case studies and experience sharing: How do the specific risk features for Islamic banks impact governance? What are the unique considerations and challenges faced in governance structures for oversight of financial risk management of Islamic banks? What are the challenges faced in complying with regulatory requirements for financial risks?

11:00 – 11:30
Coffee Break

11:30 – 13:00

Session 5: Role of Transparency and Disclosure in Effective Risk Governance (Panel Discussion)
What is the link between effective risk governance and a robust transparency and disclosure environment? What are the new regulatory requirements and how do they impact Islamic banks? (Basel III/IFSB disclosure Standards/Others) What are the challenges faced by institutions in complying with new disclosure regimes and reporting requirements? How can the BOD and senior management contribute to improvements in transparency and disclosure of Islamic banks?

13:00 – 14:30
Lunch

14:30 – 16:00

Session 6: Panel Discussion: The Next Phase in Risk Management and Governance for Islamic Banks
What has changed? What are the emerging challenges and trends? What areas should the BOD focus on? What are the barriers to effective risk oversight of Islamic banks for the BOD and senior management? What is the forward vision and emerging best practices in addressing the key risk governance issues?

16:00 – 16:30
Closing & Certificate Giving Ceremony

Downloadable Document(s)

Event Session(s) – PDF Format
Brochure – IFSB Executive Forum

2nd Meeting of the Core Principles for Islamic Finance Regulation: Effective Islamic Deposit Insurance Systems (CPIFR-IDIS) Working Group
2018-10-25 09:30 - 17:00 | Jakarta, Jakarta, Indonesia, Indonesia
2nd Meeting of the Core Principles for Islamic Finance Regulation: Effective Islamic Deposit Insurance Systems (CPIFR-IDIS) Working Group is scheduled to be held as follow:

Date : 25 October 2018

Time : 9:30am – 5:00pm

Venue : Jakarta, Indonesia

1st Meeting of the Working Group on Disclosures to Promote Transparency and Market Discipline for Takāful / Retakāful Undertakings
2018-10-24 09:00 - 17:00 | Karachi, Karachi, Karachi, Pakistan
1st Meeting of the Working Group on Disclosures to Promote Transparency and Market Discipline for Takāful / Retakāful Undertakings is scheduled to be held as follow:

Date : 24 October 2018

Time : 9:00am – 5:00pm

Venue : Karachi, Pakistan ( Actual venue will be advise in due course)

6th Meeting of the Task Force on Technical Note on Financial Inclusion
2018-10-23 09:00 - 17:00 | Karachi, Karachi, Karachi, Pakistan
6th Meeting of the Task Force on Technical Note on Financial Inclusion that is scheduled to be held as follow:

Date : 23 October 2018

Time : 9:00am – 5:00pm

Venue : Karachi, Pakistan ( Actual venue will be advise in due course)

Pakistan Islamic Finance Industry Engagement Session
2018-10-22 09:00 - 16:30 | Pearl Continental, Club Rd، opposite PIDC, Civil Lines, Karachi, Pakistan
The Pakistan Islamic Finance Industry Engagement Session is an initiative by the IFSB Secretariat to provide an interactive platform for communication between the various Islamic financial services industry stakeholders and the IFSB Secretariat.

In this one-day session, the IFSB will provide an update on the progress and developments of the global Islamic financial services industry, and enable the participants to interact and exchange views on the prospects and challenges of Islamic finance in Pakistan, in-line with the workstream and mandate of the IFSB. Participants will also benefit from a thematic technical workshop which will feature discussions on recent innovations in Sukuk structures and its utilisation by the Islamic financial services industry.

Programme – Event Session(s)

Date
Time
Topics

Day 1
22/10/2018
09:00 – 09:30
Registration

09:30 – 09:45
Welcoming Address SPEAKER: H.E. Tariq Bajwa, Governor – State Bank of Pakistan

09:45 – 10:10

Presentation on Global Islamic Finance and the IFSB
SPEAKER: Dr. Bello Lawal Danbatta, Secretary-General, IFSB

10:10 – 11:00

Interactive Session on Islamic Finance in Pakistan: Issues, Challenges and the Way Forward
SPEAKERS Dr. Bello Lawal Danbatta, Secretary-General, IFSB Mr. Zahid ur Rehman Khokher, Assistant Secretary-General, IFSB Mr. Ghulam Muhammad Abbasi, Director – Islamic Banking Department, State Bank of Pakistan

11:00 – 11:30
Coffee Break

11:30 – 13:00

Thematic Workshop – Session 1: Introduction to Sukuk: Structures and Utilisation
SPEAKER: Mr. Syed Faiq Najeeb, Head of Standards Development, IFSB

13:00 – 14:30
Lunch and Prayer Break

14:30 – 16:30

Thematic Workshop – Session 2: Recent Innovation and Market Gaps: New Frontiers for Sukuk
SPEAKER: Mr. Syed Faiq Najeeb, Head of Standards Development, IFSB

Downloadable Document(s)

Event Session(s) – PDF Format

The Islamic Development Bank (IsDB) Group Shariah Board Meeting
2018-10-18 09:30 - 17:30 | Muscat, Muscat, Muscat, Oman
The Islamic Development Bank (IsDB) Group Shariah Board Meeting is scheduled to be held as follows:

Date: 18-19 October 2018

Time: 9:30 am – 5:30 pm

Venue: Muscat, Oman

Participation in the meeting is by INVITATION only. For more information please email to: madaa.munjid@ifsb.org

IFSB-BIBF Islamic Finance Executive Programme
2018-10-17 - 2018-10-18 | BIBF Auditorium, Building 1306, 346 Rd 4625, Manama, Bahrain
The 3rd edition IFSB-BIBF Islamic Finance Executive Programme with the theme “Fintech, Regtech and Islamic Finance” will focus on the role of Fintech in the Islamic finance industry, the threats and regulatory challenges that Fintech impose on the industry.

This Islamic Finance Executive Programme aims to address the rise of Fintech in the Islamic finance industry, highlighting both the opportunities and challenges of new Fintech products in the market. The programme will shed light on the new innovative digital products in Islamic finance, the application of Blockchain technology and Shariah opinion in Cryptocurrencies. It will also discusses the role of Regulatory and Supervisory Authorities (RSAs) in regulating Fintech and the need for a wide-ranging reconceptualization of financial regulation in an era of technology-enabled finance, Cybersecurity threats, Consumer Protection measures along with risk management practices by Fintech providers are among the topics that will deliberated by panellists on this programme.

For more information on this Islamic Finance Executive Programme, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org

Programme – Event Session(s)

Date
Time
Topics

Day 1
17/10/2018
08:30 – 09:30
Morning Coffee and Registration

09:30 – 09:45
Opening & Welcoming Address

09:45 – 11:00
Session 1: Digital Products and Islamic Finance

Innovation and products in the financial industry Product Case Study ? Digital wallets and payment solutions

11:00 – 11:30
Group Photo and Coffee Break

11:30 – 13:00
Session 2: Application of Blockchain in Islamic Finance

Use cases of BlockChain for the financial sector Product Case Study Shariah opinion in Cryptocurrency

13:00 – 14:00
Lunch and Prayers

14:00 – 15:30
Session 3: Moderated Session: Regulatory and Legal Framework for Fintech

Role of Regulatory and Supervisory Authorities (RSAs) Challenges in regulating Fintech Providers and stakeholders involved Specific country experience in regulating Fintech Sufficient resources to supervise Fintech companies

15:30 – 16:00
Coffee Break and Networking

Day 2
18/10/2018
08:30 – 09:30
Morning Coffee

09:30 – 11:00
Session 4: Fintech and Risk Management

Impact of Fintech strategies on the management of risks by financial institutions

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5: Cybersecurity Threats and Protection of Financial Assets and Consumer Protection in Fintech

Cybersecurity and key threats to financial stability Mechanisms used by Fintech providers to deal with cyber incidents Role of regulators to deal with cyber incidents Protection of Consumer Data and Privacy Financial Education and Awareness Disclosure and Transparency Protection of Consumer Assets against Fraud and Misuse

13:00 – 14:00
Lunch and Prayers

14:00 – 16:00
Session 6: Panel Discussion on Digitization of the insurance industry and learnings for the Takaful industry

Innovation and new products in the insurance industry Creating a seamless experience for customers Learnings for the Takaful sector

16:00 – 16:30
Closing & Certificate Giving Ceremony

16:30 – 17:00
Coffee Break

Downloadable Document(s)

Event Session(s) – PDF Format

IFSB-FIS Workshop for Regulatory and Supervisory Authorities (ICM Sector)
2018-10-09 - 2018-10-11 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
This 3-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the Islamic Capital Market (ICM) sector.

Participation in this Workshop is opened to REGULATORS only.

In general, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
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
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

For queries, please contact the IFSB Secretariat, Mr. Mr. Esam Osama Al-Aghbari at Esam@ifsb.org.

IFSB-FIS Workshop for Regulatory and Supervisory Authorities (Takaful Sector)
2018-10-09 - 2018-10-11 | Sasana Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia
This 3-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the Takaful sector.

In general, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
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
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

For queries, please contact the IFSB Secretariat, Mr. Esam Osama Al-Aghbari at Esam@ifsb.org.

Capacity Building for Market Players (CBM) Workshop (Banking Sector)
2018-10-01 - 2018-10-02 | Training Room 3.1 & 3.2, Level 3, Sasana Kijang, Training Room 3.1 & 3.2, Level 3, Sasana Kijang, Kuala Lumpur, Malaysia
This 2-day Capacity Building for Market Players (CBM) Workshop is tailored for IFSB’s Observer Members who are the market players in the banking sector.

Mr. Ahmed Barakat (email: ahmed.barakat@ifsb.org) is the person in charge of these Workshops and he will be pleased to respond to any enquiries.

The Islamic Development Bank (IsDB) Group Shariah Board Meeting
2018-09-10 09:30 - 2018-09-21 17:30 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The Islamic Development Bank (IsDB) Group Shariah Board Meeting is scheduled to be held as follows:

Date: 10-21 September 2018

Time: 9:30 am – 5:30 pm

Venue: Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to: madaa.munjid@ifsb.org

1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector
2018-09-03 09:30 - 17:00 | Executive Meeting Room, Level 5 Sasana Kijang Bank Negara, Jalan Dato Onn,, Kuala Lumpur, Malaysia
The 1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector that is scheduled to be held as follow:

1st Working Group Meeting on Revised Capital Adequacy Standard for the Islamic Banking Sector

Date : 3 September 2018

Time : 9:30am – 5:00pm

Venue : Executive Meeting Room, Level 5 Sasana Kijang Bank Negara, Jalan Dato Onn, Kuala Lumpur Malaysia.

IFSB-FIS Workshop for Regulatory and Supervisory Authorities (Banking Sector)
2018-09-02 - 2018-09-05 | Abu Dhabi, Abu Dhabi, Abu Dhabi, United Arab Emirates
This 4-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for the regulatory and supervisory authorities for the banking sector. It will be hosted by the Arab Monetary Fund.
Participation in this Workshop is opened to REGULATORS only.
In general, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
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
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

For queries, please contact the IFSB Secretariat, Mr. Esam Osama Al-Aghbari at Esam@ifsb.org.

26th Arabic Editing Committee Meeting
2018-08-27 09:30 - 2018-09-02 17:30 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The 26th Arabic Editing Committee Meeting is scheduled to be held as follows:

Date: 27 August – 02 September 2018

Time: 9:30 am – 5:30 pm

Venue: Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to: madaa.munjid@ifsb.org

IFSB-FIS Workshop Series (Ivory Coast)
2018-07-24 - 2018-07-27 | Abidijan, Abidjan, Abidjan, Côte d'Ivoire
This 5-day Facilitating the Implementation of the IFSB Standards (FIS) Workshop is tailored for Conseil Régional de lEpargne Publique et des Marchés Financiers (CREPMF). It will cover the following IFSB Standards:

Introduction to Islamic Finance
Introduction to Islamic Capital Market (ICM)
IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)
IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS)
IFSB-9: Guiding Principles on Conduct of Business for IIFS
IFSB-15: Revised Capital Adequacy Standard for IIFS – Sukūk and Securitisation
IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS)
ED-21: Exposure Draft (ED) on Core Principles for Islamic Finance Regulation (ICM Segment)

Overall, this Workshop aims to:

Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
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
Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

Participation in this event is by INVITATION only. For queries, please contact the IFSB Secretariat, Mr. Esam Osama Al-Aghbari Esam@ifsb.org.

Programme – Event Session(s)

Date
Time
Topics

Day 1
23/07/2018
08:30 – 09:00
Registration

09:00 – 09:30
Welcoming Remarks and Group Photo

09:30 – 11:00
Session 1- IFSB-1: Guiding Principles of Risk Management for Institutions offering Islamic Financial Services (IIFS) Understanding of Risks in IIFS Focus on Credit Risk Focus on Operational Risk

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 2- IFSB-1: Guiding Principles of Risk Management for IIFS (Continued) Focus on Market Risk Focus on Liquidity Risk Case Study

13:00 – 14:30
Lunch and Prayer

14:30 – 16:30
Session 3- IFSB-15: Revised Capital Adequacy Standard for IIFS Features of Sukūk and Securitisation in Sukūk Role of IIFS in Sukūk Securitisation Credit Enhancement and Assets in Securitisation

Day 2
24/07/2018
09:30 – 11:00
Session 4- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) The Need for Core Principles Principles Relating to the Regulator Principles related to Sharīʻah Governance

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 5- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) (Continued) Principles for the Enforcement of Securities Regulation Principles for Issuers Principles for Auditors, Credit Ratings Agencies, and Others

13:00 – 14:30
Lunch and Prayer

14:30 – 16:30
Session 6- ED-21: Core Principles for Islamic Finance Regulation (ICM Segment) (Continued) Principles for Collective Investment Schemes Principles for Market Intermediaries Principles for Secondary and Other Markets

Day 3
25/07/2018
09:30 – 11:00
Session 7 Introduction to Islamic Finance Concept and Framework in Islamic Finance Contracts in Islamic Finance Prudential Issues in IIFS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 8- Introduction to Islamic Capital Market (ICM) ICM Development – Issues and Challenges Sukuk: Background, Structures and Issues Islamic Equity Market

13:00 – 14:30
Lunch and Prayer

14:30 – 16:30
Session 9 Introduction to ICM (Continued) ICIS Islamic Hedging Products Case Study

Day 4
26/07/2018
09:30 – 11:00
Session 10- IFSB-6: Governance for Islamic Collective Investment Schemes (ICIS) ICIS Overview Motivating Factors for the Governance of ICIS Guiding Principles on Governance for ICIS

11:00 – 11:30
Coffee Break

11:30 – 13:00
Session 11- IFSB-6: Governance for ICIS (Continued) Compliance with Sharī`ah Rules and Principles Additional Protection for ICIS Investors Case Study

13:00 – 14:30
Lunch and Prayer

14:30 – 16:00
Session 12- IFSB-9: Guiding Principles on Conduct of Business for IIFS Truthfulness, Honesty and Fairness Information About Clients Conflict of Interest and of Duty

Day 5
27/07/2018
09:00 – 10:15

Session 13- IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS) Common General Principles General Disclosure Principles Applicable to Sukūk Sharīʻah and Structure-related Disclosures for Sukūk

10:15 – 10:30
Coffee Break

10:30 – 11:30

Session 14- IFSB-19: Guiding Principles on Disclosure Requirements for ICM Products (Sukūk and ICIS) (Continued) Sharīʻah and Operations-related Disclosures for ICIS Specialist ICIS Disclosure Case Study

11:30 – 12:00
Closing Remarks & Certificate Giving Ceremony

12:00 – 15:00
Jumaah Prayer and Lunch

Downloadable Document(s)

Event Session(s) – PDF Format

45th IFSB Technical Committee Meeting
2018-07-19 09:30 - 17:30 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
45th IFSB Technical Committee Meeting is scheduled to be held as follow:

Date : 19 July 2018

Time : 9:30am – 5:30pm

Venue : Kuala Lumpur Malaysia

Participation in the meeting is by invitation only.

For more information please email to : khairun.nissa@ifsb.org

Event Snapshots
