Islamic Financial Services Board

IFSB Regulatory and Supervisory Authorities Forum on Covid-19
2020-07-28 15:00 - 17:30 UTC | Online
IFSB REGULATORY AND SUPERVISORY AUTHORITIES FORUM ON COVID-19
28 July 2020

TITLE
:
COVID-19 AND THE ISLAMIC FINANCIAL SERVICES INDUSTRY: POLICY IMPLICATIONS AND REGULATORY CHALLENGES

Type
:
Online Forum

Target Audience
:
Member Regulatory and Supervisory Authorities (RSAs) of the IFSB

Duration
:
15:00 – 17:30 (MYT)

Program Overview
:

The outbreak of Covid-19 and the ensuing geographical lockdowns and movement restrictions in several jurisdictions have led governments and regulatory and supervisory authorities (RSAs) to introduce measures, conventional and non-conventional, to alleviate the resulting financial and economic impact on consumers as well as financial institutions. Policy responses targeted to the financial sector varied with the type of stress, structure of the financial system and resilience of its significant players.
The IFSB, through this forum and as the global prudential standard-setter for Islamic finance, aims to provide a platform for IFSB RSA members to explore and discuss the effectiveness of various policy interventions introduced to counter the (Islamic) financial-sector implications of COVID-19. The forum also aims to facilitate sharing of policy implementation experiences across jurisdictions, discuss their potential long-term impact on financial markets and institutions offering Islamic financial services (IIFS) and identify areas that may require further concern and coordination by the IFSB.
The IFSB Secretariat aims to utilise the outcomes of the forum in:

providing guidance to the global Islamic financial services industry through public statements,
ensuring ongoing standards address identified challenges and potential consequences of policy responses; and
setting the IFSB’s 2021 standard development and research agenda.

Objectives
:

The forum aims to:

Explore the effectiveness, implementation and challenges of international prudential and other financial policy measures (both conventional and Islamic) in response to COVID-19.
Deliberate on the potential medium-term and long-term consequences for IIFS, financial markets and consumers.
Identify any Islamic finance specific-issues that have emerged or are likely to emerge in the future due to the direct impact of the pandemic or as a consequence of policy actions taken to mitigate the impact of the crisis.
Share of policy implementation experiences across jurisdictions and identify policy areas that require further coordination and provision of guidance for the global Islamic financial services industry with regard to the impact of the pandemic
Identify potential areas for future IFSB standards and research

Programme Approach
:

The IFSB Secretary-General to chair the forum and direct the flow of discussion
Presentation/thoughts/issues from lead discussants representing Islamic banking, Islamic capital markets and Takaful, followed with presentations or discussions by experts representing RSAs and Rating Agencies.

Programme Outcomes
:

Results of the assessment of ongoing international policies and actions (both Islamic and conventional) in responding to the economic impacts of the pandemic.
Coordinated polices and guidance for the global Islamic financial services industry
Potential IFSB standards and research papers

Participation
:
Member RSAs of the IFSB and Rating Agencies

Event Snapshots

Programme – Event Session(s)

Date
Time
Topics

Day 1
28/07/2020
15:00 – 15:15
Opening Remarks

15:15 – 15:30
Overview of the Impact of Covid-19 on the Global Economy, Islamic Banking and Sukuk

15:30 – 15:45
The Impact of Covid-19 on Insurance and Takaful Sectors

15:45 – 17:15
Discussion: Covid-19 and the Islamic Financial Services Industry- Policy Implications and Regulatory Challenges

Downloadable Document(s)

Event Session(s) – PDF Format
Brochure

IFSB Regulatory and Supervisory Authorities Forum on Covid-19
2020-07-28 08:00 - 17:00 UTC
IFSB REGULATORY AND SUPERVISORY AUTHORITIES FORUM ON COVID-19

28 July 2020

TITLE
:
COVID-19 AND THE ISLAMIC FINANCIAL SERVICES INDUSTRY: POLICY IMPLICATIONS AND REGULATORY CHALLENGES

Type
:
Online Forum

Target Audience
:
Member Regulatory and Supervisory Authorities (RSAs) of the IFSB

Duration
:
15:00 – 17:30 (MYT)

Program Overview
:
The outbreak of Covid-19 and the ensuing geographical lockdowns and movement restrictions in several jurisdictions have led governments and regulatory and supervisory authorities (RSAs) to introduce measures, conventional and non-conventional, to alleviate the resulting financial and economic impact on consumers as well as financial institutions. Policy responses targeted to the financial sector varied with the type of stress, structure of the financial system and resilience of its significant players.

The IFSB, through this forum and as the global prudential standard-setter for Islamic finance, aims to provide a platform for IFSB RSA members to explore and discuss the effectiveness of various policy interventions introduced to counter the (Islamic) financial-sector implications of COVID-19. The forum also aims to facilitate sharing of policy implementation experiences across jurisdictions, discuss their potential long-term impact on financial markets and institutions offering Islamic financial services (IIFS) and identify areas that may require further concern and coordination by the IFSB.

The IFSB Secretariat aims to utilise the outcomes of the forum in:

providing guidance to the global Islamic financial services industry through public statements,
ensuring ongoing standards address identified challenges and potential consequences of policy responses; and
setting the IFSB’s 2021 standard development and research agenda.

Objectives
:
The forum aims to:

Explore the effectiveness, implementation and challenges of international prudential and other financial policy measures (both conventional and Islamic) in response to COVID-19.
Deliberate on the potential medium-term and long-term consequences for IIFS, financial markets and consumers.
Identify any Islamic finance specific-issues that have emerged or are likely to emerge in the future due to the direct impact of the pandemic or as a consequence of policy actions taken to mitigate the impact of the crisis.
Share of policy implementation experiences across jurisdictions and identify policy areas that require further coordination and provision of guidance for the global Islamic financial services industry with regard to the impact of the pandemic
Identify potential areas for future IFSB standards and research

Programme Approach
:

The IFSB Secretary-General to chair the forum and direct the flow of discussion
Presentation/thoughts/issues from lead discussants representing Islamic banking, Islamic capital markets and Takaful, followed with presentations or discussions by experts representing RSAs and Rating Agencies.

Programme Outcomes
:

Results of the assessment of ongoing international policies and actions (both Islamic and conventional) in responding to the economic impacts of the pandemic.
Coordinated polices and guidance for the global Islamic financial services industry
Potential IFSB standards and research papers

Participation
:
Member RSAs of the IFSB and Rating Agencies

5th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment)
2020-07-23 | Online (webinar), Kuala Lumpur, Malaysia
The 5th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment) is scheduled to be held as follow :

Date
23 July 2020

Time
3.00 PM (KL time)

Venue
Web-conference / webinar

Participation in the meeting is by INVITATION only. For more information, please email to fadhila@ifsb.org.

IFSB-FIS E-Workshop Series : Sukuk: Disclosures and Shariah Compliance Requirements (IFSB-19)
2020-07-16 16:30 - 17:30 UTC
Date
:
16 July 2020 (Thursday)

Time
:
4:30 – 5:30 pm (MYT)

Sector
:
Islamic Capital Market

Topics
:
Sukuk: Disclosures and Shariah Compliance Requirements (IFSB-19)

Overview

Sukuk is one of the fastest growing segment of Islamic Capital Market (ICM) and attracts global investors due to its unique structure and features.

With this e-workshop session, IFSB Secretariat would like to bring an understanding on Sukuk as an ICM instrument and its Shariah related requirements, as well as highlight the importance of adequate information which enables investors to make informed decisions, especially in Shariah-related areas. Moreover, facilitator at this session will provide core principles of Sukuk disclosures as a basis of sound regulation in order to develop ICM at greater levels of integrity and transparency.
**REGISTRATION IS OPEN TO MEMBERS ONLY**

Impact and Consistency Assessment Programme (ICAP) ONLINE MEETING
2020-07-07 15:30 - 17:40 (Asia/Kuala_Lumpur) | MALAYSIA, Malaysia, Malaysia, Malaysia
1st TASK FORCE MEETING

Date
7 July 2020

Time
3:30 PM- 5:40 PM Kuala Lumpur Time

Venue
ONLINE

Event Snapshots

IFSB Online Executive Programme - COVID-19 and Implications on Institutions offering Islamic Financial Services (IIFS)
2020-07-07 14:30 - 17:50 UTC | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The COVID-19 pandemic has been an unprecedented and major disruptive event for the global economy. The measures taken to contain the pandemic has triggered a major global downturn, but the full impact and scale of risks facing the financial system remain uncertain as the situation evolves.

Along with the rest of the financial system, Institutions offering Islamic Financial Services (IIFS) are likely to face both immediate and future challenges. It raises number of pertinent questions for regulators supervising IIFS and for IIFS themselves regarding whether there are any Islamic finance specificities that create specific implications, risks or challenges which require a different regulatory or supervisory approach from that of conventional financial institutions. Additionally, while governments, central banks, regulators, and international organisations have moved rapidly to address the immediate effects of COVID-19, questions remain on how policy should continue to evolve to preserve financial stability and address the potential medium and longer term effects of COVID-19 on the financial system, and what these might be for the IIFS. This executive programme aims to try and answer some of these crucial questions and to encourage discussion, debate and sharing of country challenges, experiences and policy approaches.

• To discuss the impact of COVID-19 on the global financial system and global economy and its implications for the overall risk environment of IIFS
• To discuss the implications of COVID-19 for IIFS and identify specific risk factors that might arise in relation to specificities of IIFS
• To discuss the areas where regulatory responses may be needed to address the impact of COVID-19 to ensure the resilience and stability of IIFS and the various approaches that are being taken by different regulators

The details of the Executive Programe are as follow:

Date: 7 July 2020

Time: 14:30 – 17:50 (Malaysia time)

Venue: via web conference/webinar
*****This Executive Programme is free for all categories of IFSB members. For Non-Members a participation fee of USD100 will be applicable*****
For registration and enquiries, please email Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org

7th Meeting of the Working Group on Disclosure to Promote Transparency and Market Discipline for Takaful / Retakaful Undertakings
2020-06-29 | Online (webinar), Kuala Lumpur, Malaysia
The 7th Meeting of the Working Group on Disclosure to Promote Transparency and Market Discipline for Takaful / Retakaful Undertakings is scheduled to be held as follow:

Date
29 June 2020

Time
2.00 PM (Malaysia time)

Venue
via web conference / webinar

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

2nd Working Group Meeting on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures)
2020-06-25 | Online (webinar), Kuala Lumpur, Malaysia
The 2nd Meeting of Working Group on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures) is scheduled to held as follow :

Date
25 June 2020

Time
2.00 PM (Malaysia time)

Venue
via web conference / webinar

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

6th Working Group Meeting on The Investor Protection Islamic Capital Market
2020-06-24 | Online (webinar), Kuala Lumpur, Malaysia
The 6th Working Group Meeting on The Investor Protection Islamic Capital Market is scheduled to be held as follow:

Date
24 June 2020

Time
2.00 PM (Malaysia time)

Venue
via web conference / webinar

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

Event Snapshots

5th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS)
2020-06-23 | Online (webinar), Kuala Lumpur, Malaysia
The 5th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS) is scheduled to be held as follow:

Date
23 June 2020

Time
4.00 PM (Malaysia time)

Venue
via web conference / webinar

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

Event Snapshots

IFSB-FIS E-Workshop Series: Corporate Governance for Institutions offering only Islamic Financial Services (IIFS) (IFSB-3)
2020-06-18 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
Date
:
18 June 2020 (Thursday)

Time
:
4:30 – 5:30 pm (MYT)

Sector
:
Islamic banking

Topics
:
Corporate Governance for Institutions offering only Islamic Financial Services (IIFS) (IFSB-3)

Despite a very rapid development of Islamic finance worldwide, it should not be forgotten that in many countries Islamic financial services industry is still in its infancy. To be able to successfully meet all challenges that Islamic finance services industry faces, it needs to have comprehensive regulation and supervision, risk management and corporate governance frameworks.

With this e-workshop session, IFSB Secretariat would like to address one of the most crucial aspects of IIFS – a Corporate Governance.

Our facilitator will indroduce you to guiding principles of prudential requirement in the area of Corporate Governance. IFSB’s Guiding Principles are designed to facilitate IIFS in identifying areas where appropriate governance structures and processes are required, and to recommend best practices in addressing these issues.

During the session, you will get understanding on issues of Corporate Governance specific to IIFS, the Geveranl Governance Approach from IFSB-3 standards perspective and how IIFS shall acknowledge rights of Investment Account Holders.

The session will also clarify how compliance with Shariah rules and principles is an itegral part of Corporate Governance for IIFS.

**REGISTRATION IS OPEN TO MEMBERS ONLY**

3rd Joint Working Group Meeting on the Revised Shariah Governance Framework Standard
2020-05-12 | Online (webinar), Kuala Lumpur, Malaysia
The 3rd Joint Working Group Meeting on Revised Shari’ah Governance Framework Standard is scheduled to be held as follow :

Date
12 May 2020

Time
2.00 PM (Malaysian time)

Venue
Online (webinar)

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

Event Snapshots

Webinar for the Public Hearing on ED-25 : Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings
2020-05-06 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
In its 50th meeting held on 18 March 2020, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of approved the issuance of the following Exposure Draft (ED):

Disclosures to Promote Transparency and Market Discipline for Tak?ful/Retak?ful Undertakings (ED-25)

The Public Consultation will be for a period of 2 months, starting from 25 March 2020 until 24 May 2020.
In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-24 on 20 April 2020. Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.
Register in advance for this webinar:
https://zoom.us/webinar/register/WN_oK4YANa2Q42sOpiNA2r4Iw
The confirmation email containing information about joining the webinar will be sent after registration.

Webinar for the Public Hearing on ED-24: Guiding Principles on Investor Protection in Islamic Capital Markets
2020-05-06 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
In its 50th meeting held on 18 March 2020, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of approved the issuance of the following Exposure Draft (ED):

Guiding Principles on Investor Protection in Islamic Capital Markets (ED-24)

The Public Consultation will be for a period of 2 months, starting from 24 March 2020 until 24 May 2020.

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-24 on 20 April 2020. Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Register in advance for this webinar:

https://zoom.us/webinar/register/WN_K8sGFUlESlOElN9xI8nCtQ

The confirmation email containing information about joining the webinar will be sent after registration.

3rd Meeting of the Executive Committee
2020-04-29 16:30 - 19:00 (Asia/Kuala_Lumpur) | Online (webinar), Kuala Lumpur, Malaysia
The 3rd Meeting of the Executive Committee of the IFSB is scheduled to be held via online (webinar) as follows:

Date
29 April 2020

Time
4:30PM – 7:00PM (Malaysian time)

Participation in the meeting is by invitation only. Webinar link will be provided to EC members via email. For more information please email to khairun.nissa@ifsb.org

13th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs)
2020-04-22 14:30 - 18:30 (Asia/Kuala_Lumpur) | Online (webinar), Kuala Lumpur, Malaysia
The 13th Meeting of the Task Force on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held via online (webinar) as follows:

Date
22 April 2020

Time
2:30PM – 6:30PM (Malaysian time)

Participation in the meeting is by INVITATION only. The webinar link will be provided to Task Force members via email. For more information please email to khairun.nissa@ifsb.org

Event Snapshots

IFSB-FIS E-Workshop : Financial Inclusion and Islamic Finances From IFSB Technical Note Perspective-TN-3
2020-04-21 16:30 - 17:30 UTC | MALAYSIA, Malaysia, Malaysia, Malaysia
E-FIS-WORKSHOP

Topic: Financial inclusion and Islamic finances from IFSB’s Technical note perspective – TN-3.

Date : 21.04.2020
Time : 4:30 – 5:30 pm (Malaysia Time)
Duration : 1 hour
Audience : IFSB members only
Capacity : Limited Participants Registration

The first e-workshop to be held by IFSB in 2020 will be on 21 of April (Tuesday).

This e-workshop will cover a cross-sector topic on financial inclusion and Islamic finance from IFSB’s Technical note perspective – TN-3.

TN-3 was developed to provide guidance on good practices in regulating the financial sector to enhance financial inclusion through Islamic finance, while also considering proportionality in balancing the benefits of regulation and supervision against the risks and costs. TN-3 underscores the importance of financial inclusion, due to its intricate connection with economic growth, shared prosperity and poverty reduction, while furthering an understanding of how financial inclusion policies and regulatory initiatives can support Islamic microfinance/ savings/ investment activities.

Webinar for the Public Hearing on ED-24 : Guiding Principles on Investor Protection in Islamic Capital Markets
2020-04-20 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
Event Detail

Category
:
Awareness Programme

Name
:
[EVE00428] Webinar for the Public Hearing on ED-24 : Guiding Principles on Investor Protection in Islamic Capital Markets

Description
:

In its 50th meeting held on 18 March 2020, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of approved the issuance of the following Exposure Draft (ED):

Guiding Principles on Investor Protection in Islamic Capital Markets (ED-24)

The Public Consultation will be for a period of 2 months, starting from 24 March 2020 until 24 May 2020.

In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-24 on 20 April 2020. Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.

Register in advance for this webinar:

https://zoom.us/webinar/register/WN_IXcpzX2CQZGwzKfSE_pamA

The confirmation email containing information about joining the webinar will be sent after registration.

Webinar for the Public Hearing on ED-25 : Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings
2020-04-20 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
In its 50th meeting held on 18 March 2020, the Technical Committee of the Islamic Financial Services Board (IFSB) has approved the issuance of approved the issuance of the following Exposure Draft (ED):

Disclosures to Promote Transparency and Market Discipline for Takaful/Retakaful Undertakings (ED-25)

The Public Consultation will be for a period of 2 months, starting from 25 March 2020 until 24 May 2020.
In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-24 on 20 April 2020. Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.
Register in advance for this webinar:
https://zoom.us/webinar/register/WN_I_O82VetSFG9i2gHmIXrNw
The confirmation email containing information about joining the webinar will be sent after registration.

50th Meeting of the Technical Committee of the IFSB
2020-03-18 | Online (webinar), Kuala Lumpur, Malaysia
The 50th Meeting of the Technical Committee of the IFSB is scheduled to be held via web conferencing (webinar) as follows:

Date
18 March 2020

Time
2PM to 6PM (Malaysia time)

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

1st Working Group Meeting on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures)
2020-03-17 | Online (webinar), Kuala Lumpur, Malaysia
The 1st Meeting of Working Group on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures) is scheduled to held as follow :

Date
17 March 2020

Time
2.00 PM (Malaysia time)

Venue
via web conference / webinar

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

Event Snapshots

6th Working Group Meeting on Disclosure to Promote Transparency and Market Discipline for Takaful / Retakaful Undertaking
2020-03-04 09:30 - 17:00 (Asia/Kuala_Lumpur) | Discussion Room, Level 4, Lanai Kijang Bank Negara Malaysia, Kuala Lumpur, 10, Perkarangan Tun Ismail, Kuala Lumpur, Malaysia
The 6th Meeting of the Working Group on Disclosure to Promote Transparency and Market Discipline for Takaful / Retakaful Undertaking is scheduled to be held as follow:

Date
4 March 2020

Time
9:30am – 5:00pm

Venue
Discussion Room, Level 4, Lanai Kijang Bank Negara Malaysia, Kuala Lumpur

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

Event Snapshots

5th Working Group Meeting on The Investor Protection Islamic Capital Market
2020-03-03 14:00 - 18:00 UTC | Discussion Room, Level 4, Lanai Kijang Bank Negara Malaysia, Kuala Lumpur, 10, Perkarangan Tun Ismail, Kuala Lumpur, Malaysia
The 5th Working Group Meeting on The Investor Protection Islamic Capital Market is scheduled to be held as follow:

Date
3 March 2020

Time
2.00 PM – 6.00 PM

Venue
Discussion Room, Level 4, Lanai Kijang Bank Negara Malaysia, Kuala Lumpur

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

Event Snapshots

4th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment)
2020-02-05 09:30 - 17:00 UTC | Discussion Room, Level 4, Lanai Kijang Bank Negara Malaysia, Kuala Lumpur, 10, Perkarangan Tun Ismail, Kuala Lumpur, Malaysia
The 4th Working Group Meeting on Core Principles for Islamic Finance Regulation (Takaful Segment) is scheduled to be held as follow:

Date
5 February 2020

Time
9:30am – 5:00pm

Venue
Lanai Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia

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

Event Snapshots

6th Meeting of the Working Group on the Revised Capital Adequacy Standard for the Islamic Banking Sector
2020-01-21 09:30 - 17:00 (Asia/Kuala_Lumpur) | Training Room 3.3 & 3.4 Sasana Kijang Bank Negara Malaysia, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
The 6th Meeting of the Working Group on the Revised Capital Adequacy Standard for the Islamic Banking Sector is scheduled to be held as follow:

Date
21 January 2020

Time
9:30am – 5:00pm

Venue
Training Room 3.3 & 3.4, Sasana Kijang Bank Negara Malaysia, Kuala Lumpur, Malaysia

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

Event Snapshots

4th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS)
2020-01-20 09:00 - 17:00 (Asia/Kuala_Lumpur) | Training Room 3.3 & 3.4 Sasana Kijang Bank Negara Malaysia, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
The 4th Meeting of the Technical Note on Recovery and Resolution Plan for Institutions offering Islamic Financial Services (IIFS) is scheduled to be held as follow:

Date
20 January 2020

Time
9:00am – 5:00pm

Venue
Training Room 3.3 – 3.4, Sasana Kijang Bank Negara Malaysia, Kuala Lumpur, Malaysia

Participation in the meeting is by invitation only. For more information please email to: fadhila@ifsb.org
Event Snapshots

29th Arabic Editing Committee Meeting
2020-01-07 09:30 - 2020-01-21 17:30 UTC | Meeting Room 1 – 2, Lanai Kijang, Bank Negara Malaysia, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
The 29th Arabic Editing Committee Meeting is scheduled to be held as follow:

Date
7 – 10 January 2020

Time
9:30am – 5:30pm

Venue
Meeting Room 1 – 2, Lanai Kijang, Bank Negara Malaysia, Kuala Lumpur, Malaysia

Date
13 – 21 January 2020

Time
9:30am – 5:30pm

Venue
IFSB Meeting Room, Sasana Kijang Bank Negara Malaysia, Kuala Lumpur, Malaysia

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

Webinar for the Public Hearing on the ED-23 Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (Banking Segment)
2019-12-17 | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
In its 49th meeting held on 23 and 24 October 2019 in Kuala Lumpur, Malaysia, the Technical Committee of the Islamic Financial Services Board (IFSB) approved the issuance of the following Exposure Draft (ED) :

Revised Capital Adequacy Standard (RCAS) for Institutions Offering Islamic Financial Services (Banking Segment)

The Public Consultation will be for a period of 2 months, starting from 4 November 2019 until 2 January 2020
In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-23 on 17 December 2019. Therefore, the IFSB would like to invite all members, stakeholders and interested parties to attend the above programme.
Register in advance for this webinar:
https://zoom.us/webinar/register/WN_X66ARIAXR5yfaxCI6lrQyQ
The confirmation email containing information about joining the webinar will be sent after registration.

Roundtable Discussion on Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services [Banking Segment]
2019-12-13 | EMR Meeting Room,Level 5, Sasana Kijang, Kuala Lumpur, 2, Jalan Dato Onn, Kuala Lumpur, Malaysia
The IFSB will be organising a Roundtable Discussion on Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services [Banking Segment] (Exposure Draft – 23) on 13 December 2019 in Kuala Lumpur, Malaysia.

The Roundtable aims to discuss and garner feedback and comments from key industry stakeholders on the ED-23 prior to its final submission to the Council.The ED-23 aims to provide the regulatory and supervisory authorities (RSAs) and market players of the Islamic banking industry guidance relating to capital adequacy requirements.

For participation enquiries, please contact the IFSB Secretariat; Mrs. Ida Shafinaz Ab. Malek at ida.shafinaz@ifsb.org.

35th Islamic Financial Services Board (IFSB) Council Meeting and Side Events
2019-12-10 - 2019-12-11 | Le Meridien Hotel, Pointe Aux Piments, Mauritius
The 35th IFSB Council Meeting and Side Events are hosted by Bangladesh Bank.

The details of the event are as follows:

Tuesday, 10 December 2019

Presentation on Islamic Digital Wallet
Lunch hosted by AIBL
20th Islamic Financial Stability Forum
Welcome Dinner hosted by Bangladesh Bank (for IFSB members ONLY)

Thursday, 11 December 2019

35th IFSB Council Meeting (closed session and by invitation ONLY)

Participation in the 35th IFSB Council Meeting and Side Events is by invitation only. Please email your enquiries to Ms. Nissa at khairun.nissa@ifsb.org and Mrs. Ida Shafinaz at ida.shafinaz@ifsb.org

The IFSB and Bangladesh Bank look forward to welcoming members of the IFSB and Islamic finance industry stakeholders to Dhaka, Bangladesh.
