The Seminar on Hedging and Credit Enhancement in Islamic Finance is jointly organised by the Islamic Financial Services Board (IFSB) and the International Islamic Financial Market (IIFM). Both the Seminar and Public Lecture will be held in conjunction with the 20th meeting of the Council and 10th General Assembly of the IFSB, hosted by the Central Bank of Bahrain. Programme - Event Session(s) Date Time Topics Day 1 28/03/2012 SEMINAR ON HEDGING AND CREDIT ENHANCEMENT IN ISLAMIC CAPITAL MARKETS (ICM) PRODUCTS AND SERVICES 5TH PUBLIC LECTURE ON FINANCIAL POLICY AND STABILITY 09:00 - 09:30 Registration 09:30 - 10:00 Opening & Welcoming Addresses 10:00 - 11:00 Session 1 : Credit Enhancement in Islamic Capital Markets (ICM) Products and Services Various Sharῑ`ah-compliant credit enhancement mechanisms used in ICM products and services Credit Rating: How the different types of credit enhancement affects the credit rating of Sukūk 11:00 - 11:30 Coffee and Networking Break 11:30 - 12:30 Session 2 : Overview of Sharῑ `ah-Compliant Alternative Instruments to Hedging Mechanism Recent developments in hedging in the Islamic Financial Services Industry Sharῑ `ah-compliant alternatives to hedging tools: Features, Structures, Risks and Underlying Contracts Application of hedging mechanism in Islamic Capital Markets 12:30 - 13:30 Session 3 : Panel Discussion on Regulatory, Legal and Sharῑ `ah Issues in Sharῑ `ah-compliant alternatives to Hedging and Collateralisation Unresolved Sharῑ `ah and legal issues in hedging and collateral arrangements Emerging regulatory challenges of hedging and collateralisation in light of Basel III The way forward of such alternatives in light of current regulatory development 13:30 - 14:30 Lunch & Prayers Downloadable Document(s) 1.) Event Session(s) - PDF Format
