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X-WR-CALDESC:Events for Islamic Financial Services Board
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BEGIN:VEVENT
DTSTART;TZID=UTC:20141209T083000
DTEND;TZID=UTC:20141210T173000
DTSTAMP:20260407T182553
CREATED:20141209T004808Z
LAST-MODIFIED:20231228T012159Z
UID:11845-1418113800-1418232600@www.ifsb.org
SUMMARY:IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance
DESCRIPTION:This IFSB-INCEIF Executive Forum on Sound Governance Practices: Promoting Stability in Islamic Finance offers a platform for high level deliberations and exchanges of views among participants – global leaders from among practitioners\, regulators and academics – on a holistic overview on the key trends and momentum of corporate governance initiatives in the global and Islamic finance industry. \nAmong others\, the two-day Executive Forum will see the sharing of experiences and discussions of speci­fic issues facilitated by experienced speakers from among regulators\, industry leaders and academics. The participants will bene­fit from delivering views of counterparts and peers of different backgrounds and geographical locations. \nTo date\, the following speakers are confirmed to speak at this Executive Forum: \n\nDr. Bashir Aliyu Umar\, Secretary of the Financial Regulation Advisory Council of Experts of the Central Bank of Nigeria\nMr. Ramesh Pillai\, Chairman\, Board of Governors\, Institute of Enterprise Risk Practitioners\, Malaysia\nProf. Dr. Mohamad Akram Laldin\, Executive Director of International Sharī`ah Research Academy for Islamic Finance (ISRA)\nDr. Hatim El Tahir\, Director\, Islamic Finance Group\, Deloitte Middle East\nUstaz Mohd Nazri Chik\, General Manager\, Sharī`ah Division\, Bank Islam Malaysia Berhad\nProf. Dr. Syed Abdul Hamid Aljunid\, Professor of Corporate Governance and Ethics\, INCEIF\nAssoc. Prof. Dr. Younes Soualhi\, Chairman\, Sharī`ah Board\, HSBC Amanah Malaysia Berhad\nAssoc. Prof. Dr. Azman Mohd Noor\, Deputy Chairman\, Sharī`ah Board\, Al-Rajhi Bank Malaysia\nDr. Abdelgadir Warsama Ghalib\, Senior Legal Adviser\, Bank of Bahrain and Kuwait (BBK)\, Bahrain\n\nFor more information on the Executive Forum\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s) \n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n09/12/2014\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening & Welcoming Address\n\n\n09:45 – 11:00\nSession 1: Building Momentum for Effective Corporate Governance Recent Key Developments in the Global and Islamic Finance Industry Recent Initiatives and Impact on the Behaviour of Market Participants and Industry Players Gap Analysis and Ongoing Challenges on Corporate Governance\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: Risk Governance and Internal Controls: The Initiative from Within Top Management and BOD Functions as Providing Overall Direction over Enterprise-Wide Risk Management Initiatives Internal Control Structures\, Tools and Mechanisms Exclusive for IIFS Challenges of Risk Governance\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSession 3: Board Roles and Structure: Sound Governance Starts From the Top Present and Evolving Roles and Structure of the BOD and its Committees Recent Developments in Local and International Legislations as well as Supervisory Initiatives Tools and Mechanisms Available to the BOD in Discharging their Duties in Institutions Offering Islamic Financial Services (IIFS)\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSession 4: Sharī`ah Governance Framework: Achieving Greater Credibility Across Borders Sharī`ah Governance Practices Across Different Jurisdictions Infrastructural and Other Factors Contributing to Differences in Sharī`ah Governance Practices Adoption of Best Practices by IIFS Operating Across Jurisdictions\n\n\nDay 2\n10/12/2014\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nSession 5: Aligning Corporate and Sharī`ah Governance: Understanding the Common Objectives Alignment of Corporate and Sharī`ah Governance Objectives Identifying and Addressing Potential Overlap between Corporate and Sharī`ah Governance Can Maqāsid al-Sharī`ah Contribute to Formulating Rules\, Policies and Procedures on Corporate Governance in IIFS?\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 6: Towards Greater Market Discipline: Enhancing Disclosure Requirements for Islamic Financial Institutions Cost-benefit Analysis on the Need for Greater Market Discipline and Enhanced Disclosure Existing Disclosure Practices Amongst IIFS The Role of Supervisors in Enforcing Market Discipline and Enhanced Disclosure\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nSession 7: Panel Discussion – Evolving Issues and Challenges in Corporate and Sharī`ah Governance Giving Voice to Investment Account Holders (and Takāful Participants) – The Role of Governance Committee and Trust Structures Board of Directors and Sharī`ah Board Accountability – Practices and Challenges Achieving the Right Balance Between Conformance and Performance – The Way Forward for the Islamic Financial Services Industry\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\nDownloadable Document(s)\n \n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – EF6\n\n\n3.)\n\nLanai Kijang Reservation Form
URL:https://www.ifsb.org/event/eve00237-ifsb-inceif-executive-forum-on-sound-governance-practices-promoting-stability-in-islamic-finance/
LOCATION:Sasana Kijang\, Bank Negara Malaysia\, Kuala Lumpur\, Malaysia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151201T000000
DTEND;TZID=UTC:20151202T000000
DTSTAMP:20260407T182554
CREATED:20231106T183434Z
LAST-MODIFIED:20231227T084931Z
UID:11723-1448928000-1449014400@www.ifsb.org
SUMMARY:IFSB-INCEIF Executive Forum - Resilience and Stability of the Islamic Financial Services Industry: Opportunities and Challenges Ahead
DESCRIPTION:Against the backdrop of the slow global economic recovery in the past years\, and continued turmoil in the financial markets\, the 8th IFSB-INCEIF Executive Forum focuses on key issues affecting the Islamic Financial Services Industry’s (IFSI) stability along with the strategic approaches needed to ensure that the IFSI is able to achieve a level of resilience that withstands the impact of financial turbulence. \nThe theme of the 8th edition of the IFSB-INCEIF Executive Forum series – “Resilience and Stability of the Islamic Financial Services Industry: Opportunities and Challenges Ahead” – intends to discuss this important topic that affects not only national economies and financial institutions\, but also ordinary investors and tax payers. More specifically\, the forum aims to cover the following areas: \n\n\n 	Updates on the trends and developments in the various segments of the industry – Islamic banking\, Islamic capital markets as well as Takāful;\n 	Initiatives undertaken by the regulators and international standard setting organisations to further strengthen the resilience and stability of the financial institutions and markets; and\n 	Emerging issues in the stability of the IFSI\, including among others: consumer protection\, Sharī’ah-compliant safety nets and cross-border linkages.\n\nThis 8th Edition of the IFSB-INCEIF Executive Forum will serve as a platform for discussion (through panel sessions\, group discussion\, and practical case studies) between the participants and the speakers who are global leaders from amongst market players\, regulators and academia. \nThe two full-day Forum will be divided into seven sessions\, which are: \n\n\n 	Development of the Global IFSI\n 	Effective Macro-prudential Policies\n 	Strengthening Protection of the Financial Sector\n 	Sharī’ah-compliant Lender of Last Resort (LOLR)\n 	Takāful: Unlocking the Potential and Supporting Stability\n 	Islamic Capital Markets (ICM): Achieving a Rigorous and Robust Regulatory Framework; and\n 	Panel Discussion on Fostering Global Linkages and Cross-border Potentials Towards Enhancing Resilience and Stability\n\nTo date\, the following speakers are confirmed to speak at the Forum: \n\n\n 	Mr. Takashi Hamano\, Assistant Commissioner for International Affairs\, Financial Services Agency\, Japan\n 	Dr. Magda Elsayed Kandil\, Chief Economist\, Research and Statistics Department\, Central Bank of United Arab Emirates\n 	Ms. Che Zakiah Che Din\, Director\, Financial Conglomerate Supervision Department\, Bank Negara Malaysia\n 	Mr. Rafiz Azuan Abdullah\, Executive General Manager\, Malaysia Deposit Insurance Corporation\n 	Mr. Ritesh Maheshwari\, Managing Director & Lead Analytical Manager\, Financial Services Ratings\, Standard & Poor’s Ratings Services\, Singapore\n 	Mr. Shamsun Anwar Hussain\, Managing Director\, Business Management Office\, CIMB Islamic Bank\, Malaysia\n 	Assoc. Prof. Dr. Younes Soualhi\, Chairman\, Sharī`ah Committee\, HSBC Amanah Malaysia Berhad\, Malaysia\n 	Tuan Syed Alwi Mohd Sultan\, Executive Vice President\, Corporate Services\, Bank Muamalat Malaysia Berhad\n 	Mr. Hassan Scott Odierno\, Partner\, Actuarial Partners Consulting Sdn Bhd\, Malaysia\n 	Mr. Syed Faiq Najeeb\, Member of the Secretariat\, Technical and Research\, Islamic Financial Services Board\, Malaysia\n\nFor more information on this Executive Forum\, please email Mr. Hamizi Hamzah at hamizi@ifsb.org \nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n01/12/2015\n08:30 – 09:30\nMorning Coffee and Registration\n\n\n09:30 – 09:45\nOpening and Welcoming Remarks\n\n\n09:45 – 11:00\nDevelopments in the Global Islamic Financial Services Industry (IFSI) towards Promoting Financial Stability Overview of the development of the Islamic Financial Services Industry Future prospects and current challenges Policy recommendations to enhance growth and stability\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nFinancial Stability Framework: Motivations for Effective Macro-prudential Policies Emerging Practices\, Initiatives and Trends in the Macro-prudential Policies of institutions offering Islamic financial services (IIFS) Systemic Risks and Countercyclical Issues: A Need for Additional Policies Capital Buffers and Leverage Ratio of IIFS: Fundamental Factors in Financial Stability\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 15:30\nSafety Nets: Strengthening Protection of the Financial Sector The Rights of Profit-sharing Investment Account (PSIA) Holders under the Sharī`ah-compliant Deposit Insurance Preserving Rights of the Consumers and Policy-holders via Sharī`ah-compliant Deposit Insurance Schemes: Contemporary Issues and Challenges Promoting Sound Crisis Management Policies and Procedures\n\n\n15:30 – 16:00\nCoffee Break\n\n\n16:00 – 17:30\nSharī’ah-compliant Lender of Last Resort (LOLR): The Role of Central Banks and Monetary Authorities Main Impediments to the Development of Infrastructure and Instruments for Sharī’ah-compliant LOLR Facilities and Emergency Financing Mechanisms Required Criteria of Instruments for Use in Sharī’ah-compliant LOLR Facilities Cross-border Sharī’ah-compliant LOLR facilities\n\n\nDay 2\n02/12/2015\n08:30 – 09:30\nMorning Coffee\n\n\n09:30 – 11:00\nTakāful: Unlocking the Potential and Supporting Stability Takāful Industry Perception and Penetration Challenges Utilising MicroTakāful Coverage for Social Protection The Way Forward for Growth\, Investment and Regulation in the Takāful sector\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nIslamic Capital Markets (ICM): Achieving a Rigorous and Robust Regulatory Framework Interlinkages Between Global Financial Market and ICM Enhancing the Current Legal and Regulatory Frameworks for ICM Promoting Confidence and Soundness in the ICM: Policy Implication\n\n\n13:00 – 14:00\nLunch and Prayers\n\n\n14:00 – 16:00\nPanel Discussion on Fostering Global Linkages and Cross-border Potentials Towards Enhancing Resilience and Stability Home and Host Supervision and Cross-border Resolutions A Need for a Robust Supervision of Global Cross-border ICM Instruments Integrating Cross-border Takāful Business\n\n\n16:00 – 16:30\nClosing & Certificate Giving Ceremony\n\n\n16:30 – 17:00\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n2.)\n\nBrochure – 8th IFSB-INCEIF Executive Forum\n\n\n3.)\n\nHotel – Hilton Kuala Lumpur – Rates\n\n\n4.)\n\nHotel – Lanai Kijang – Rates\n\n\n5.)\n\nHotel Majestic Kuala Lumpur – Rates and Reservation Form\n\n\n6.)\n\nJW Marriott Kuala Lumpur – Rates and Reservation Form\n\n\n7.)\n\nPacific Regency Hotel & Suites – Rates
URL:https://www.ifsb.org/event/eve00263-ifsb-inceif-executive-forum-resilience-and-stability-of-the-islamic-financial-services-industry-opportunities-and-challenges-ahead/
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T093000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260407T182554
CREATED:20151207T232418Z
LAST-MODIFIED:20231228T015257Z
UID:11713-1449567000-1449592200@www.ifsb.org
SUMMARY:27th Meeting of the Council of the IFSB (For Full Members only) and 12th Islamic Financial Stability Forum (by invitation only)
DESCRIPTION:The 27th Meeting of the Council of the IFSB and 12th Islamic Financial Stability Forum are hosted by the Islamic Development Bank.\n\nThese meetings are by invitation only. For more information on the meetings\, please email the following Secretariat in charge:\n\n1) Council Meeting – Ms. Nur Khairun Nissa Md Zawawi\, email : khairun.nissa@ifsb.org\n\n2) Islamic Financial Stability Forum – Ms. Yazmin Aziz\, email : yazmin@ifsb.org\n\nProgramme – Event Session(s)\n\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n09:30 – 13:00\n27th Meeting of the Council of the IFSB\n\n\n14:30 – 16:30\n12th Islamic Financial Stability Forum Theme: Promoting Consistency in the Implementation of Prudential Standards The Islamic Finance and Global Financial Stability Report (IFSB-IRTI\, 2010)\, drew attention to the importance of not only accelerating effective implementation of prudential standards to promote and enhance the soundness and stability of the Islamic financial services industry\, but also to contributing towards the consistent development of Islamic finance across jurisdictions. The Core Principles for Islamic Financial Regulation for the banking segment (CPIFR) issued by the IFSB in April 2015 has facilitated a step towards this harmonisation and consistency in the implementation of prudential frameworks across countries\, by providing a framework for assessment of the regulatory and supervisory framework of the banking sector. The IFSB’s current strategy focuses on promoting the implementation through workshops under the Facilitating the Implementation of Standards (FIS) Initiatives and Implementation Surveys\, both of which have contributed substantially towards enhancing the IFSB’s ability to assist RSAs seeking to strengthen their regulatory and supervisory framework for Islamic finance. The IFSB efforts are in line with the practice of other global standard-setting bodies\, who are taking steps to not only track the implementation of their standards\, but to also review the consistency in such implementation across various jurisdictions. The Basel Committee on Banking Supervision (BCBS)\, for example\, adopted a Regulatory Consistency Assessment Programme (RCAP) in 2012\, noting the importance of consistency in the adoption and implementation of prudential standards in enhancing the resilience of the banking system\, improving public confidence in prudential ratios and developing a transparent regulatory environment that promotes a level playing field. The programme is a central element of the BCBS’s continuous efforts to monitor the implementation and timely adoption of the Basel III standards\, ensuring consistency of the adopted regulations\, as well as evaluating the quality and comparability of regulatory outcomes. The RCAP promotes consistent adoption of the Basel framework by helping member jurisdictions identify domestic regulations that are not in line with the letter and spirit of the relevant Basel standards\, weigh the materiality of any such deviations and undertake reforms where necessary. The European Banking Authority (EBA)\, also works to ensure effective and consistent implementation of prudential regulation and supervision in EU countries. It introduced a European Single Rulebook in banking for the purpose of providing a set of harmonised prudential rules for financial institutions throughout the EU\, to ensure uniform application of its rules across Member States which serves to close any regulatory loopholes that may arise from differences in prudential frameworks. The EBA thus plays an important role in promoting convergence of supervisory practices in the EU banking sector by identifying any material differences in the practices and formulate necessary policy solutions to enhance convergence between banks. The IMF Staff Discussion Note on Islamic Finance (May 2015) has observed that in Islamic finance jurisdictions\, the application of standards is not uniform across countries\, which brings to the fore concerns that it may encourage growth in a manner that gives rise to systemic vulnerabilities. It also underlined the importance of seeking greater harmonisation\, both across and within countries\, through better implementation of existing standards for Sharī`ah governance. Against this background\, a natural step forward in furthering the current implementation programme of the IFSB to focus on greater consistency in the adoption of its standards for regulation and supervision of institutions offering Islamic financial services. The 12th Islamic Financial Stability Forum will seek to examine the experiences of the other international agencies to promote and assess the consistency of the implementation of prudential standards\, and identify opportunities and direction for future work in the Islamic Financial Services Industry to encourage consistency across Islamic finance jurisdictions.\n\n\n14:30 – 14:40\nChairman’s Remarks\n\n\n14:40 – 15:00\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat\, Basel Committee on Banking Supervision\n\n\n15:00 – 15:40\nDiscussion Discussants: Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nQ&A Session\n\n\n16:00 – 16:30\nCoffee Break & Networking\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format\n\n\n\n 
URL:https://www.ifsb.org/event/eve00264-27th-meeting-of-the-council-of-the-ifsb-for-full-members-only-and-12th-islamic-financial-stability-forum-by-invitation-only/
LOCATION:–\, Bali\, Indonesia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20151208T143000
DTEND;TZID=UTC:20151208T163000
DTSTAMP:20260407T182554
CREATED:20151207T232850Z
LAST-MODIFIED:20231228T015249Z
UID:11720-1449585000-1449592200@www.ifsb.org
SUMMARY:12th Islamic Financial Stability Forum :Promoting Consistency in the Implementation of Prudential Standards
DESCRIPTION:The IFSB organised its 12th Islamic Financial Stability Forum (12th IFSF) on 8 December 2015\, in Jeddah\, Saudi Arabia.\n\nThe 12th IFSF was held in conjunction with the 27th Council Meeting of the IFSB\, hosted by the Islamic Development Bank.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n08/12/2015\n14:30 – 14:40\nChairman’s Remarks H.E. Agus D.W. Martowardojo\, Governor\, Bank Indonesia\n\n\n14:40 – 15:40\nPresentation on Promoting Consistency in the Implementation of Prudential Standards Speaker: Mr. Marc Farag\, Member of Basel Committee on Banking Supervision Secretariat (MPhil)\, Basel Committee on Banking Supervision Discussants: 1. Mr. Mohd Zabidi Md Nor\, Director of Prudential Policy Department\, Bank Negara Malaysia 2. Mr. Suliman Aljabrin\, Banking Supervisor\, Saudi Arabian Monetary Agency\n\n\n15:40 – 16:00\nDiscussion and Q&A Session\n\n\n16:00 – 16:30\nCoffee and Networking Break End of Forum\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00310-12th-islamic-financial-stability-forum-promoting-consistency-in-the-implementation-of-prudential-standards/
LOCATION:Jeddah\, Jeddah\, Saudi Arabia\, Saudi Arabia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
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