Public Consultation on IFSB Exposure Draft (ED-30) – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services (Banking Segment)

Online

In the IFSB 59th Technical Committee Meeting held on 15-16 March 2023, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation; Public Consultation on IFSB Exposure Draft (ED- 30) – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services (Banking Segment) The Public Consultation period will be from 22 March 2023 to 20 May 2023. In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-30 at 4.00 PM (GMT +8.00, Malaysia time) as below: English : Tuesday, 2 May 2023 Arabic : Wednesday, 3 May 2023  Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme. Kindly register in advance for this webinar: English : https://zoom.us/webinar/register/WN_su6F1OOCR36MciTnRYoK_w Arabic : https://zoom.us/webinar/register/WN_cfNg4lZ8SMOmu3ZT3itRyg An email confirmation containing about joining the webinar will be sent after registration. Ms. Nurul Ashikin Alias ([email protected]) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar. We look forward to receiving your registration for Public Hearing session as well as feedback on ED-30.

Public Consultation on IFSB Exposure Draft (ED-29) Conduct of Business Supervision in Takāful Undertakings

In the IFSB 59th Technical Committee Meeting held on 15-16 March 2023, the Technical Committee of the Islamic Financial Services Board has approved the issuance of the following Exposure Drafts (ED) for public consultation; Public Consultation on IFSB Exposure Draft (ED-29) Conduct of Business Supervision in Takāful Undertakings The Public Consultation period will be from 29 March 2023 to 28 May 2023. In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-29 on Wednesday, 10 May 2023 at 4.00 PM (GMT +8.00, Malaysia time). Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme. Kindly register in advance for this webinar: https://zoom.us/webinar/register/WN_mTzrkRFUQm2vywd0H96_TQ  An email confirmation containing about joining the webinar will be sent after registration. Ms. Nurul Ashikin Alias ([email protected]) is the person in charge of the Public Hearing and she would be pleased to respond to any enquiries relating to the Webinar. We look forward to receiving your registration for Public Hearing session as well as feedback on ED-29.

Regional Facilitating Implementation of IFSB Standards (FIS) Workshop (Arabic)

Online

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This regional workshop will be conducted virtually on 16 May 2023 at 10.00 to 14.35 (GMT+3), covering Islamic banking segment with the following details. SESSION 1 IFSB-17: Core Principles for Islamic Finance Regulations (Banking Segment) CPIFR 14: Treatment of Investment Account Holders (IAHs) CPIFR 15 Corporate Governance CPIFR 16 Shariah Governance Framework CPIFR 17 Risk Management Process CPIFR 18 Capital Adequacy CPIFR 32 Islamic "Windows" Operations SESSION 2 IFSB–23: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (Banking Segment) Regulatory Capital Principles for Minimum Capital Requirements Capital Requirements for Islamic Financing and Investment Activities The workshop is free of charge and will be delivered in Arabic. Registration is open to ALL IFSB MEMBERS (with your official e-mail) through this link: ifsb-secretariat.webex.com/weblink/register/r57840a3a75f9cbb742d3bbcb62835d55 For further information, please reach out to Mr. Muhammad Jidda Tom, [email protected] (CC: [email protected]). ***REGISTRATION IS OPEN FOR IFSB MEMBERS ONLY***

IFSB Extraordinary Meeting of the Technical Committee

Online

The IFSB Extraordinary Meeting of the Technical Committee of the IFSB is scheduled to be held as follows: Date 18 May 2023 Time 3.00 PM - 5.00 PM (Malaysia time, GMT +8.00) Venue Online Participation in the meeting is by invitation only. For more information please email to Ms. Fadhila at [email protected]

9th Executive Committee Meeting of the IFSB

The Secretariat is pleased to announce that the 9th Executive Committee Meeting of the IFSB will be held online on Monday, 22 May 2023. Participation in the meeting is open to the Executive Committee members only. For more information or enquiries, please email to [email protected].  

FIS Workshop on Islamic Capital Market – SEC Nigeria (Online)

Virtual

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to the Securities and Exchange Commission (SEC) of Nigeria and will be conducted virtually on 8 June 2023, covering Islamic Capital Market segment. The workshop focuses on IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukūk and Islamic Collective Investment Schemes).

FIS Workshop on Stress Testing for Islamic Banks – AIFC Kazakhstan (Online)

Online

As part of IFSB's objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offers capacity development initiatives including FIS Workshops for IFSB members. This Facilitating the implementation of IFSB Standards (FIS) Workshop is dedicated to Astana International Financial Center (AIFC) of Kazakhstan and will be conducted virtually on 30-31 May 2023, covering Islamic banking segment. The workshop focuses on stress testing for Intitutions offering Islamic Financial Services (IIFS) such as IFSB-13: Guiding Principles on Stress Testing for IIFS (Banking Segment) and TN-2: Technical Note on Stress Testing for IIFS (Banking Segment).