Islamic Financial Services Board

6th IFSB Executive Programme on Effective Regulation and Supervision of Takaful Institutions
2023-05-23 - 2023-05-24 | Mezzanine Floor, AICB Centre of Excellence, Levels 11 & 12, Bangunan AICB, 10, Jalan Dato Onn, Kuala Lumpur, Malaysia

9th Executive Committee Meeting of the IFSB
2023-05-22
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 fadhila@ifsb.org.

IFSB Extraordinary Meeting of the Technical Committee
2023-05-18 | 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 fadhila@ifsb.org

Regional Facilitating Implementation of IFSB Standards (FIS) Workshop (Arabic)
2023-05-16 | 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, mjidda@ifsb.org (CC: implementation@ifbs.org).
***REGISTRATION IS OPEN FOR IFSB MEMBERS ONLY***

Public Consultation on IFSB Exposure Draft (ED-29) Conduct of Business Supervision in Takāful Undertakings
2023-05-10
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 (nurulashikin@ifsb.org) 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.

1st Task Force Meeting on Recovery and Resolution of Takaful Undertakings
2023-05-05 | Online
The 1st Task Force Meeting on Recovery and Resolution of Takāful Undertakings is scheduled to be held as follows:

Date
5 May 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email to nurulashikin@ifsb.org

Event Snapshots

Public Consultation on IFSB Exposure Draft (ED-30) – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services (Banking Segment)
2023-05-02 - 2023-05-03 | 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 (nurulashikin@ifsb.org) 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.

5th IFSB IFSI Stability Report 2023 Quality Improvement Committee
2023-04-05 | Online
The 5th IFSB IFSI Stability Report 2023 Quality Improvement Committee is scheduled to be held as follows:

Date
5 April 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email to nurulashikin@ifsb.org

19th Task Force Meeting on Prudential and Structural Islamic Financial Indicators (PSIFIs)
2023-04-04 14:30 - 17:45 (Asia/Kuala_Lumpur) | Online
The 19th Task Force Meeting on Prudential and Structural Islamic Financial Indicators (PSIFIs) is scheduled to be held via online as follows:

Date
4 April 2023, Tuesday

Time
14:30 – 17:45 (GMT +8.00, Malaysia Time)

Venue
Web conference / Online

Participation is by invitation only. For participation enquiries and registration for the meeting, please email to Ms. Fadhila at fadhila@ifsb.org

3rd Task Force Meeting of Technical Note on Macroprudential Tools for Islamic Banking
2023-03-21 | Online
The 3rd Task Force Meeting of Technical Note on Macroprudential Tools for Islamic Banking is scheduled to be held as follows:

Date
21 March 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email nurulashikin@ifsb.org.
Event Snapshots

IFSB 59th Meeting of the Technical Committee
2023-03-15 - 2023-03-16 | Muscat, Muscat, Muscat, Oman
The IFSB 59th Meeting of the Technical Committee of the IFSB is scheduled to be held as follows:

Date
15 – 16 March 2023

Location
Muscat, Oman

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

IFSB Capacity Building Workshop for Market Players in Oman
2023-03-13 - 2023-03-14 | Muscat, Muscat, Muscat, Oman
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 capacity building for market players (CBM) workshop is held alongside with the 59th Technical Meeting in the Sultanate of Oman. As a collaborative event with the Central Bank of Oman, the 2-day workshop consists of eight (8) sessions focusing on Islamic Banking with the following details to cover:

IFSB-12: Guiding Principles on Liquidity Risk Management for Institutions offering Islamic Financial Services (IIFS)
IFSB-23: Revised Capital Adequacy Standard for IIFS
GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management

Facilitating Implementation of IFSB Standards (FIS) Workshop for Financial Services Authority of Indonesia (OJK)
2023-03-13 - 2023-03-14 | Bali, Bali, Bali, Indonesia
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 workshop is conducted upon the request of the Financial Services Authority of Indonesia (OJK) as a continuation of last year’s workshop on IFSB-23 (Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS)).
The 2-day workshop aims to discuss deeper on topics relevant to capital adequacy and macroprudential measures, regulatory capital, principles for minimum capital requirements based on credit, market risk and operational risks, capital requirements for

Facilitating Implementation of IFSB Standards (FIS) Workshop for Capital Market Authority (CMA) of Oman
2023-03-13 | Muscat, Muscat, Muscat, Oman
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 workshop is dedicated to Capital Market Authority (CMA) in Oman and is conducted alongside with the 59th Technical Meeting in the Sultanate of Oman. The sessions are designed to cover various IFSB Standards that are relevant for Islamic Capital Market and Takaful sectors.

5th Meeting - IFSB IFSI Stability Report 2023 Quality Improvement Committee
2023-03-09 | Online
The 5th Meeting of IFSB IFSI Stability Report 2023 Quality Improvement Committee is scheduled to be held as follows:

Date
21 March 2023

Time
3.00 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email nurulashikin@ifsb.org.

Regional Facilitating Implementation of IFSB Standards (FIS) Workshop (French)
2023-03-02 | Online
As part of IFSB’s objectives in facilitating implementation of IFSB Standards, the IFSB Secretariat consistently offering capacity development initiatives including FIS Workshops for IFSB members.
This regional workshop will be conducted virtually on 2 March 2023, covering Islamic banking segment with the following details.
SESSION 1
IFSB-1: Guiding Principles of Risk Management for Institutions (other than Insurance Institutions) offering only Islamic Financial Services (IIFS)

Understanding risks in IIFS
Sound risk management for IIFS
Focus on credit, operational, liquidity, rate of return and equity investment risks

SESSION 2
IFSB–17: Core Principles for Islamic Finance Regulation (CPIFR) [Banking Segment]

Overview of the Standard
Key Principles of the Standard
Focus on CPIFR related to: Treatment of Investment Account Holders, Corporate Governance, Shari’ah Governance Framework, Risk Management Process, Capital Adequacy, Islamic “Windows” Operations

The workshop will be delivered in French.
***REGISTRATION IS BY INVITATION ONLY***

6th Working Group Meeting - Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services - [Banking Segment]
2023-01-30 | Online
The 6th Working Group Meeting – Revised Guiding Principles on Corporate Governance for Institutions Offering Islamic Financial Services – [Banking Segment] is scheduled to be held as follows:

Date
30 January 2023

Time
3.30 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Working Group members only. For more information, please email to nurulashikin@ifsb.org.

Event Snapshots

6th Working Group Meeting Conduct of Business Supervision in Takāful Undertaking
2023-01-26 | Online
The 6th Working Group Meeting Conduct of Business Supervision in Takāful Undertaking is scheduled to be held as follows:

Date
26 January 2023

Time
3.30 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Working Group members only. For more information, please email to nurulashikin@ifsb.org.
Event Snapshots

8th Joint Working Group Meeting - IFSB-AAOIFI Revised Shariah Governance Framework
2023-01-12 | Online
The 8th Joint Working Group Meeting – IFSB-AAOIFI Revised Shari’ah Governance Framework is scheduled to be held as follows:

Date
12 January 2023

Time
2.30 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Working Group members only. For more information, please email to nurulashikin@ifsb.org.
Event Snapshots

39th Arabic Editing Committee Meeting of the IFSB
2023-01-09 14:00 - 2023-01-12 18:00 (Asia/Kuala_Lumpur) | Online
The 39th Arabic Editing Committee Meeting of the IFSB is scheduled to be held as follow :

Date
9 – 12 January 2023

Time
2.00 PM – 6.00 PM (GMT +8.00, KL time)

Venue
Web conference / webinar

Participation in the meeting is open to the Arabic Editing Committee members only. For more information, please email to fadhila@ifsb.org.

7th Task Force Meeting of Shariah Compliant Liquidity Risk Management Tools Technical Note
2022-12-22 | Online
The 7th Task Force Meeting of Shariah Compliant Liquidity Risk Management Tools Technical Note is scheduled to be held as follows:

Date
22 December 2022

Time
4.00 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Event Snapshots

41st Islamic Financial Services Board (IFSB) Council Meeting and Side Events
2022-12-13 - 2022-12-15 | Islamabad, Islamabad, Islamabad, Pakistan
The 41st IFSB Council Meeting and Side Events are hosted by State Bank of Pakistan. The details of the events are as follows:
Tuesday, 13 December 2022

IFSB Capacity Building Programme for Market Players

Wednesday, 14 December 2022

IFSB Members and Industry Engagement Session
High-level Regulators’ Roundtable
Welcome Dinner hosted by State Bank of Pakistan (for IFSB members ONLY)

Thursday, 15 December 2022

41st IFSB Council Meeting (closed session and by invitation ONLY)

Participation in the 41st IFSB Council Meeting and Side Events is by invitation only. Please email your enquiries to Ms. Fadhila at fadhila@ifsb.org and Mrs. Ida Shafinaz at ida.shafinaz@ifsb.org.
The IFSB and State Bank of Pakistan look forward to welcoming members of the IFSB and Islamic finance industry stakeholders to Islamabad, Pakistan.

2nd Task Force Meeting of the Technical Note on Microprudential Tools for Islamic Banking
2022-12-08 | Online
The 2nd Task Force Meeting of the Technical Note on Microprudential Tools for Islamic Banking is scheduled to be held as follows:

Date
8 December 2022

Time
3.30 PM (GMT +8.00, KL Time)

Venue
Web conference / webinar

Participation in the meeting is open to the Task Force members only. For more information, please email to nurulashikin@ifsb.org.
Event Snapshots

IFSB Roundtable on Exposure Draft TN-5 : Technical Note on Shariah-compliant Liquidity Risk Management Tools
2022-12-07 16:00 - 18:00 UTC | Online

IFSB-IMF Joint Webinar on IMF Financial Soundness Indicators Guide 2019
2022-11-30 15:30 - 17:00 (Asia/Kuala_Lumpur) | Online
The IFSB-IMF Joint Webinar on IMF Financial Soundness Indicators Guide 2019 is scheduled to be held via online as follows:

Date
30 November 2022, Wednesday

Time
3.30 PM – 5.00 PM (GMT +8.00, Malaysia Time)

Participation is by invitation and open for IFSB PSIFIs Task Force Members only. For more information, please email to Ms. Fadhila at fadhila@ifsb.org

IFSB 8th Executive Committee Meeting
2022-11-21 | Online
The Secretariat is pleased to announce that the 8th Executive Committee Meeting of the IFSB will be held online on Monday, 21 November 2022
Participation in the meeting is open to the Executive Committee members only. For more information or enquiries, please email to fadhila@ifsb.org.

Public Hearing on the ED-TN-5 : Technical Note on Sharī`ah Compliant Liquidity Risk Management Tools
2022-11-17 | Online
In its IFSB 57th Technical Committee Meeting held on 24 – 25 August 2022, 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-TN-5) – Technical Note on Sharī`ah Compliant Liquidity Risk Management Tools

The Public Consultation period will be from 25 October 2022 to 9 December 2022.
In conjunction to the above, the IFSB will be organising a Webinar for the Public Hearing on the ED-TN-5 on Thursday, 17 November 2022 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_5qFTLEBdQlyUtl8Jwbq4Vg
An email confirmation containing about joining the webinar will be sent after registration.
Ms. Nurul Ashikin Alias (nurulashikin@ifsb.org) 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-TN-5.

IFSB 38th Arabic Editing Committee Meeting
2022-11-07 10:00 - 2022-11-09 17:30 (Asia/Kuala_Lumpur) | Kuala Lumpur, Kuala Lumpur, Malaysia, Malaysia
The 38th Arabic Editing Committee Meeting of the IFSB is scheduled to be held as follow :

Date
7 – 9 November 2022

Time
10.00 AM – 5.30 PM (GMT +8.00, KL time)

Venue
Kuala Lumpur, Malaysia

Participation in the meeting is open to the Arabic Editing Committee members only. For more information, please email to fadhila@ifsb.org.

IFSB 58th Technical Committee Meeting
2022-10-27 | Online
The 58th Technical Committee Meeting of the IFSB is scheduled to be held as follow :

Date
27 October 2022

Time
3.00 PM (GMT +8.00, KL time)

Venue
Web-conference / webinar

Participation in the meeting is open to the Technical Committee members only. For more information, please email to fadhila@ifsb.org.

Facilitating the implementation of the IFSB standards (FIS) workshop for the Financial Services Authority of Indonesia (OJK)
2022-10-10 - 2022-10-12
This workshop is conducted upon the request of the Financial Services Authority of Indonesia (OJK) to introduce participants with the latest IFSB standard related to capital adequacy which is IFSB-23 (Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS)).
The 3-day workshop will discuss topics like capital adequacy and macroprudential measures, regulatory capital, principles for minimum capital requirements based on credit, market risk and operational risks, capital requirements for various Islamic financial contracts, among other aspects.
