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BEGIN:VEVENT
DTSTART;TZID=UTC:20160111T090000
DTEND;TZID=UTC:20230114T163000
DTSTAMP:20231228T015232Z
CREATED:20160110T231836Z
LAST-MODIFIED:20231228T015232Z
UID:11699-1452502800-1673713800@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Sudan)
DESCRIPTION:This 4-day workshop is tailored for the regulatory and supervisory authorities and the market players for the banking sector within Sudan. The major focus of the workshop will be on the most recent Guiding Principles which address the new global regulatory requirements for the supervisory review process and for liquidity management. The workshop will discuss the following IFSB Standards:\n\n 	IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process of IIFS\n 	GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management in IIFS\n\nOverall\, this Workshop aims to:\n\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles. \n\n\nThis Workshop is hosted by Central Bank of Sudan and participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n11/01/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 09:45\nOpening Session by the IFSB and the CBOS Representatives\n\n\n09:45 – 11:00\nSession 1: IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (SRP) Introduction to IFSB-16 Necessary Preconditions for Effective Supervision Additional Considerations in the Issuance of an IIFS License Supervisory Approaches in the Supervision of IIFS\n\n\n11:00 – 11:30\nGroup Photo and Coffee Break\n\n\n11:30 – 13:00\nSession 2: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Regulatory Capital Requirements Guidance on the Slotting Method Treatment of IAH and Displaced Commercial Risk Advanced Approaches and Supervisory Discretion\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Internal Capital Adequacy Assessment Process (ICAAP) ICAAP Framework for IIFS Supervisory Review Process in ICAAP Case Study\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 2\n12/01/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 4: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Corporate Governance Sharī`ah Governance Risk Management Processes Enterprise-wide Risk Management Framework\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 5: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Related Party Transactions Secrutisation Risk and Related Off-balance Sheet Exposures Special Purpose Entities (SPEs) and Key Considerations in the Supervisory Review Process Case Study\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Transparency and Market Discipline Consolidated and Home-host Supervision Supervisory College and IIFS Specific Issues Case Study\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 3\n13/01/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 7: IFSB 16: Revised Guidance on Key Elements In The SRP – Continued Supervisory Review for Credit Concentration Risk Concentration Limits for Real Estate Investment Islamic Windows Operations Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8: IFSB-16: Revised Guidance on Key Elements In The SRP – Continued Liquidity Risk Management and Supervision Sound Stress Testing Practices Sharī`ah-compliant Hedging Techniques Supervisory Transparency and Accountability\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management Application of the Liquidity Coverage Ratio (LCR) in IIFS Definition and Categorisation of High Quality Liquid Assets (HQLA) Operational Considerations for HQLA Infrastructure Issues in the Availability of Sharī`ah-compliant HQLA\n\n\n16:00 – 16:30\nCoffee Break\n\n\nDay 4\n14/01/2016\n09:00 – 09:30\nRegistration\n\n\n09:30 – 11:00\nSession 10: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Components of Total Net Cash Outflows Categories of Cash Outflow Cash Inflows Case Study\n\n\n11:30 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 11: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Net Stable Funding Ratio (NSFR) Application of the NSFR in IIFS The Internal Liquidity Adequacy Assessment and Supervisory Liquidity Review Processes Application of LCR and NSFR\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 12: GN-6: Guidance Note on Quantitative Measures for Liquidity Risk Management – Continued Principles for Applying Alternative Liquidity Approaches Disclosure Requirements for LCR and NSFR Evaluation of the Market Liquidity of Assets Case Study\n\n\n16:00 – 16:15\nClosing & Certificate Giving Ceremony\n\n\n16:15 – 16:45\nCoffee Break\n\n\n\nDownloadable Document(s)\n\n\n\n\n1.)\n\nEvent Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00266-ifsb-fis-workshop-series-sudan/
LOCATION:The Corinthia Hotel Khartoum\, Sudan\, Khartoum\, Sudan
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20170328T083000
DTEND;TZID=UTC:20231026T121500
DTSTAMP:20231228T011658Z
CREATED:20170327T160027Z
LAST-MODIFIED:20231228T011658Z
UID:7054-1490689800-1698322500@www.ifsb.org
SUMMARY:IFSB-FIS Workshop Series (Tajikistan)
DESCRIPTION:This 4-day workshop is tailored for the National Bank of Tajikistan. It will discuss the introduction to Islamic finance and the following IFSB Standards:\n\n 	IFSB-2: Capital Adequacy Standard for Institutions offering only Islamic Financial Services (IIFS)\n 	IFSB-16: Revised Guidance on Key Elements in the Supervisory Review Process of IIFS\n 	GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (CAR) for IIFS\n\nOverall\, this Workshop aims to:\n\n 	Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;\n 	Assist the participants in the practical application of issues addressed in the particular standards through case studies\, hands-on exercises and other interactive tools; and\n 	Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.\n\nThis Workshop is hosted by the National Bank of Tajikistan and supported by the Islamic Development Bank. Participation in this Workshop is by INVITATION only. For queries\, please contact the IFSB Secretariat\, Mr. Hamizi Hamzah at hamizi@ifsb.org.\n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n28/03/2017\n08:30 – 09:00\nRegistration\n\n\n09:00 – 09:30\nOpening Remarks by the NBT and IFSB Representatives Group Photo\n\n\n09:30 – 11:00\nSession 1 – Introduction to Islamic Finance Concept of Islamic Finance Contracts in Islamic Finance Structures of Islamic Banking Products Prudential Issues in IIFS\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 2 – IFSB-2: Capital Adequacy Standard for IIFS Need for Capital Regulation Pillar 1: Capital Adequacy Ratio (CAR): Understanding the Components of CAR CAR Formulas – Standard and Supervisory Discretion Treatment of PSIA – Supervisory Discretion Formula\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 3 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Credit Risk Weights for Various Counterparties Off-balance Sheet Exposures Exposures in Investments Made under Profit-Sharing Modes Credit Risk Mitigation\n\n\nDay 2\n29/03/2017\n09:30 – 11:00\nSession 4 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Measurement of Capital Adequacy Requirements for Market Risk Measurement of Market Risk Market Risk Weight Conversion Factor Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 12:00\nSession 5 – IFSB-2: Capital Adequacy Standard for IIFS (Cont’d) Overview of Operational Risk Understanding Operational Risk in Islamic Finance Measuring Operational Risks Group Exercise\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 6 – GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS Background of the Guidance Note Understanding Management of Profit-Sharing Investment Account (PSIA) Understanding the Concept of Alpha and Displaced Commercial Risk (DCR) Measurement of Risk Sharing in PSIA\n\n\nDay 3\n30/03/2017\n09:30 – 11:00\nSession 7 – GN-4: Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS (Cont’d) The Determination of Alpha and DCR Issues on Prudential Regulations and Requirements Role of Supervisory Authority in Determination of Alpha and DCR Case Study\n\n\n11:00 – 11:30\nCoffee Break\n\n\n11:30 – 13:00\nSession 8 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process Necessary Preconditions for Effective Supervision Supervisory Approaches in the Supervision of IIFS Regulatory Capital Requirements Advanced Approaches and Supervisory Discretion\n\n\n13:00 – 14:00\nLunch and Prayer\n\n\n14:00 – 16:00\nSession 9 -IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Internal Capital Adequacy Assessment Process (ICAAP) Corporate and Sharī’ah Governance Related Party Transactions Case Study\n\n\nDay 4\n31/03/2017\n08:30 – 10:00\nSession 10 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Transparency and Market Discipline Consolidated and Cross-sector Supervision Risk Concentrations in IIFS Case Study\n\n\n10:00 – 10:15\nCoffee Break\n\n\n10:15 – 11:45\nSession 11 – IFSB-16: Revised Guidance on Key Elements In The Supervisory Review Process (Cont’d) Islamic “Windows” Operations Liquidity Risk Management and Supervision Sound Stress Testing Practices Supervisory Transparency and Accountability\n\n\n11:45 – 12:15\nClosing & Certificate Giving Ceremony
URL:https://www.ifsb.org/event/eve00290-ifsb-fis-workshop-series-tajikistan/
LOCATION:Dushnabe\, Dushnabe\, Dushnabe\, Tajikistan
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20201007T090000
DTEND;TZID=UTC:20201007T233000
DTSTAMP:20231227T091201Z
CREATED:20201006T160000Z
LAST-MODIFIED:20231227T091201Z
UID:4926-1602061200-1602113400@www.ifsb.org
SUMMARY:WB - IFSB Seminar on Financial Inclusion
DESCRIPTION:Maximising Islamic Finance for Financial Inclusion\n\nIt is estimated that about 1.7 billion people\, accounting for one-third of the world’s adult population\, have no access to formal financial services and most of them live in developing countries. According to Findex\, 72% of Organization of Islamic Cooperation (OIC) countries’ population is unbanked\, which is considerably higher than the global average.\n\nConsidering that financial inclusion is necessary to rebuild economies after COVID-19\, it is crucial that there is greater access and liquidity support to financial services. Although the industry has experienced substantial growth over the past two decades\, there is a new potential to substantially expand access to Islamic financial services through the use of innovative\, FinTech-based solutions and even including the Islamic social finance.\n\nAgainst this background\, the session of the Sustainable and Inclusive Finance Forum will explore the use of Islamic finance schemes\, instruments and regulations to support financial inclusion\, thereby contributing to the fight against poverty and fostering shared prosperity including the impacts of Covid-19 to the less developed economies. It will explore policy\, regulatory and institutional elements required for the sustainable use of Islamic finance to expand access to financial services.\n\nThe Webinar will be delivered in collaboration with the World Bank.\n\nClick here to register.\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n07/10/2020\n09:00 – 09:25\nOpening Remarks\n\n\n09:25 – 09:35\nKeynote Address and Launching of the World Bank Reports on Islamic Finance: Islamic Finance and Financial Inclusion in Malaysia\n\n\n09:35 – 11:00\nLeveraging Islamic Fintech to Improve Financial Inclusion\n\n 	Islamic finance: A catalyst for Financial Inclusion\n 	Maximising Islamic Fintech for Financial Inclusion\n 	The Role of Regulators in Strengthening Financial Inclusion\n\n\n\n\n11:25 – 11:30\nQ&A Session\n\n\n\n \n\nDownloadable Document(s)\n\n 	Event Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00461-wb-ifsb-seminar-on-financial-inclusion/
LOCATION:Manama
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201013
DTEND;VALUE=DATE:20201014
DTSTAMP:20231227T091154Z
CREATED:20201012T160040Z
LAST-MODIFIED:20231227T091154Z
UID:4918-1602547200-1602633599@www.ifsb.org
SUMMARY:3rd Working Group Meeting on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures)
DESCRIPTION:The 3rd Meeting of Working Group on Core Principles for Islamic Finance Regulation (Financial Market Infrastructures) is scheduled to held as follow :\n\n \n\n\n\nDate\n13 October 2020\n\n\nTime\n2.00 PM (KL time)\n\n\nVenue\nvia web conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: fadhila@ifsb.org\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00463-3rd-working-group-meeting-on-core-principles-for-islamic-finance-regulation-financial-market-infrastructures/
LOCATION:Online (webinar)\, Kuala Lumpur\, Malaysia
CATEGORIES:Meetings
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201014
DTEND;VALUE=DATE:20201015
DTSTAMP:20231227T091145Z
CREATED:20201013T160019Z
LAST-MODIFIED:20231227T091145Z
UID:4906-1602633600-1602719999@www.ifsb.org
SUMMARY:7th Meeting of the Working Group on Revised Capital Adequacy Standard for the Islamic Banking Sector
DESCRIPTION:The 7th Meeting of the Working Group on Revised Capital Adequacy Standard for the Islamic Banking Sector is scheduled to be held as follow:\n\n \n\n\n\nDate\n14 October 2020\n\n\nTime\n2.00 PM (KL time)\n\n\nVenue\nvia web conference / webinar\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: fadhila@ifsb.org\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n 
URL:https://www.ifsb.org/event/eve00467-7th-meeting-of-the-working-group-on-revised-capital-adequacy-standard-for-the-islamic-banking-sector/
LOCATION:Online (webinar)\, Kuala Lumpur\, Malaysia
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00467-1-1-e1697615792164.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20201015T163000
DTEND;TZID=UTC:20201015T173000
DTSTAMP:20231227T091128Z
CREATED:20201014T160000Z
LAST-MODIFIED:20231227T091128Z
UID:4896-1602779400-1602783000@www.ifsb.org
SUMMARY:IFSB-FIS E-Workshop Series : IFSB-8: Guiding Principles on Governance for Takaful Undertakings
DESCRIPTION:Date : 15 October 2020 (Thursday)\nTime : 4:30 – 5:30 pm (MYT)\nSector : Takaful\nTopics : IFSB-8: Guiding Principles on Governance for Takaful Undertakings\n\nOverview\n\nTakaful as an Islamic counterpart of conventional insurance and important segment of the Islamic financial services industry experiences undergoing rapid development on a global scale. Would it be correct for Takaful companies to apply existing internationally recognised frameworks\, codes or standards on corporate governance issued for conventional insurance? If so\, how specificities of Islamic insurance supposed to be addressed?\n\nTo answer these questions\, IFSB invites you to attend e-Workshop on Guiding Principles on Governance for Takaful Undertakings. Session will clarify the need for a governance in Islamic insurance\, will bring you an understanding on whether mentioned conventional frameworks and standards can be adapted and reinforced. Apart from that session’s facilitator will reveal procedures for a proper Takaful disclosure\, so that Takaful Undertakings can stand on a level playing field with their conventional counterparts.\n\n \n***REGISTRATION IS OPEN FOR MEMBERS ONLY*** \n \n\nEvent Snapshots
URL:https://www.ifsb.org/event/eve00439-ifsb-fis-e-workshop-series-ifsb-8-guiding-principles-on-governance-for-takaful-undertakings/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Capacity Building
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00439-1-1-e1697615509303.jpg
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201020
DTEND;VALUE=DATE:20201021
DTSTAMP:20231227T091120Z
CREATED:20201019T160058Z
LAST-MODIFIED:20231227T091120Z
UID:4886-1603152000-1603238399@www.ifsb.org
SUMMARY:IFSB Executive Programme on ICM & Takaful - COVID-19 and Implications for the Islamic Capital Markets and Takaful Sectors
DESCRIPTION:The COVID-19 crisis has resulted in an extraordinary supply and demand shock to the global economy with far reaching consequences\, including implications for the financial markets and insurance sectors. The uncertainties resulting from COVID-19 are also likely to remain for the foreseeable future.\n\nThe initial impact of the COVID-19 outbreak on the capital markets was acute. It resulted in sharp price adjustments across both the fixed-income and equity markets\, capital outflows and a liquidity crunch across global financial markets. As the pandemic continues to evolve\, it also presents both immediate and future challenges for the rest of the financial system\, including takaful and retakaful institutions\, among others.\n\nWhile the policy responses to address the immediate effects of COVID-19 on the financial system has been swift\, further assessment is needed on how policies should continue to evolve to preserve financial stability and address the potential medium- and longer-term effects of COVID-19\, and in particular\, whether there are any Islamic finance specific risks\, challenges or opportunities for players in the Islamic capital markets and the takaful sector. 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\, focusing particularly on the Islamic capital market and takaful sectors.\n\nThe objectives of this programme are:\n\n 	to discuss the impact of COVID-19 on the Islamic capital markets and its implications for the stability and resilience of the financial system\n 	to discuss the implications of COVID-19 for takaful institutions and identify specific risk factors that might arise in relation to specificities of Islamic finance\n 	to discuss the areas where regulatory responses may be needed to address the impact of COVID-19 to ensure the resilience and stability of takaful institutions and Islamic capital markets.\n\n \n*****This Executive Programme is free for all categories of IFSB members. For Non-Members a participation fee of USD100 will be applicable***** \n \n\nEvent Snapshots\n\n\n\n\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n20/10/2020\n14:30 – 14:40\nOpening Remarks\n\n\n14:40 – 16:05\nSession 1: Implications of COVID-19 on Islamic Capital Markets\n\n 	What has been the global impact of COVID-19 on Islamic capital markets?\n 	How might it affect sovereign and corporate sukuk issuances?\n 	What are the implications for stability and resilience of Islamic capital markets?\n 	What are the implications for liquidity management for the Shar??ah-compliant asset management industry?\n 	What has been the impact of volatility in equity markets for Shar??ah screening\, particularly on financial screening ratios?\n 	What are the various policy actions and regulatory measures that have been taken by regulators to mitigate the impact of COVID-19 on Islamic capital market stability and to protect investors?\n\n\n\n\n16:05 – 17:30\nSession 2: Covid-19 and Impact on Takaful and Retakaful Institutions\n\n 	What has been the implications of COVID-19 on the performance of takaful and retakaful Institutions?\n 	What are the operational\, market and credit risk exposures for takaful and retakaful Institutions due to COVID-19?\n 	What are the appropriate risk management measures for takaful and retakaful Institutions in responding to COVID-19 implications?\n 	What are the regulatory treatments that have been undertaken by regulatory and supervisory authorities to ensure takafulsector stability in the short-term?\n 	What are potential vulnerabilities that might arise in the medium or long-term for takaful and retakaful institutions as a result of COVID-19 and how might regulatory policies address these?\n\n\n\n\n\n \n\nDownloadable Document(s)\n\n 	Event Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00462-ifsb-executive-programme-on-icm-takaful-covid-19-and-implications-for-the-islamic-capital-markets-and-takaful-sectors/
LOCATION:Online
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201022
DTEND;VALUE=DATE:20201023
DTSTAMP:20231227T091109Z
CREATED:20201021T160029Z
LAST-MODIFIED:20231227T091109Z
UID:4876-1603324800-1603411199@www.ifsb.org
SUMMARY:14th IFSB-INCEIF Executive Programme - Measures to Create Resilience for the Islamic Finance Industry During and Post-Crisis: Regulator’s Perspectives
DESCRIPTION:The COVID-19-induced global recession has been an unprecedented and unique crisis for the financial system\, as a completely exogenous crisis originating from outside of the financial system. The unique crisis also presented the need for unique policy responses which makes it pertinent to examine how the financial system has responded during the crisis to manage it\, and how it might move forward after the crisis to ensure economic and financial system recovery\, stability\, resilience and growth. It is also imperative to look at the gaps in the current regulatory system that become apparent during the crisis and which requires attention by standard-setters and regulators going forward.\n\n 	To identify the common gaps and shortcomings of the financial regulatory frameworks and approaches in preventing the financial industry from a crisis\n 	To discuss and elaborate policy measures and actions that need to be taken by regulators in order to maintain the financial system stability and create resilience of the financial industry during a crisis.\n 	To understand steps to be taken in sustaining both financial institutions and the economic development of the country post-crisis\n\n \n\nEvent Snapshots\n\n\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n22/10/2020\n14:30 – 14:40\nOpening Remarks\n\n\n14:40 – 15:25\nMeasures to Create Resilience for the Islamic Finance Industry During and Post-Crisis: Regulator’s PerspectivesAt the end of the session\, participants will be able to identify best practices and steps that need to be taken in enhancing regulatory frameworksfor crisis management in protecting the financial industry amid crisis.\n\n 	What enhancements in the regulatory frameworks may be considered for financial regulation to effectively address crises?\n 	Are the current regulatory regimes for crisis management adequately equipped to handle severe stress scenarios and non-economic sources of crisis?\n 	How adaptable is the regulatory framework to new or unique crises?\n 	Are there appropriate coordination and integrative mechanisms among regulators for crisis management?\n\n\n\n\n15:25 – 15:30\nBreak\n\n\n15:30 – 16:15\nSession 2: Regulators’ Responses to CrisisAt the end of the session\, the participants would be able to understand what policy measures and actions need to be taken by regulators in order to ensure economic and financial system stability and create resilience of the financial industry during a crisis.\n\n 	What are the regulatory policy measures and programs/actions adopted by the regulatory authorities to address Covid-19 impacts on the Islamic financial  sector?\n 	How have regulators dealt with crisis preparedness to ensure the safety-net of Islamic financial institutions?\n 	What are the priorities for regulatory authorities in managing the soundness of Islamic financial institutions during the crisis?\n 	Are there material differences between the Islamic banking sector and its conventional counterparts in dealing with and recovering from the crisis?\n\n\n\n\n16:15 – 16:20\nBreak\n\n\n16:20 – 17:05\nSession 3: Sustainability of Financial Institutions Post Crisis At the end of the session\, the participants would be able to understand steps to be taken in sustaining both financial institutions and the economic development of the country post crisis.\n\n 	What are the strategies for ensuring continued sustainability of Islamic financial institutions post crisis?\n 	What is the way forward for Islamic financial institutions post crisis in the midst of Banking 4.0?\n 	What are the required actions for Islamic financial institutions to channel back their liquidity to the real sector as part of the economic recovery measures of the country?\n 	What are the roles of Islamic social finance to sustain economic recovery in line with the Sustainable Development Goals (SDGs)?\n\n\n\n\n\n \n\nDownloadable Document(s)\n\n 	Event Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00457-14th-ifsb-inceif-executive-programme-measures-to-create-resilience-for-the-islamic-finance-industry-during-and-post-crisis-regulators-perspectives/
LOCATION:Online
CATEGORIES:Awareness Programme
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END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20201030T143000
DTEND;TZID=UTC:20201030T183000
DTSTAMP:20231227T091047Z
CREATED:20201029T160052Z
LAST-MODIFIED:20231227T091047Z
UID:4859-1604068200-1604082600@www.ifsb.org
SUMMARY:IFSB & IIFM High-Level Seminar in conjunction with Indonesia Shariah Economic Festival 2020 - Accelerating Islamic Capital Market Development and Digitalization
DESCRIPTION:The COVID-19 pandemic and the measures taken to prevent its spread have had an increasingly significant impact on the global economy and the global financial markets. As part of policy responses to the pandemic\, regulators have cut interest rates significantly that have created further incentives for investors to search for higher yield\, leading to stretched valuations in some asset markets. Although accommodative conditions have helped contain near-term downside risks to the global growth\, they have also fuelled a further build-up of financial vulnerabilities.\n\nMany IFSB and IIFM members have had to take a range of extraordinary regulatory and supervisory measures to alleviate the impact of COVID-19 on financial stability in their jurisdictions and preserve the orderly functioning of financial markets. Capital market development becomes important in preserving the financial markets with the robust governance. In line with that development\, Islamic Capital Market (ICM) space is also considered by the regulators in the Islamic finance jurisdictions to function orderly in the financial market. Besides\, ICM is ensured to function as a good intermediary for the real sector development that can help to fuel the economic growth.\n\nAgainst that backdrop\, due to the pandemic\, the rapid technological development in ICM space is taking place to develop a more inclusive\, innovative and efficient capital market. Some government authorities have streamlined the ICM in their national agenda to deepen the Islamic financial market through innovative ICM product development by embracing technology particularly fintech throughdigitalization. Additionally\, while governments\, central banks\, regulators\, and international organizations have moved rapidly to address the immediate effects of COVID-19\, questions remain on how policies on ICM governance and digitalisation should continue to evolve to preserve well-functioned financial market. Hence\, this high level international seminar will be a timely platform for the stakeholders to discuss productively on how to address ICM development appropriately due to COVID-19 pandemic event and also rapid technological development.\n\nFor registration\, please click here.\n\n \n\nEvent Snapshots\n\n\n\n\n\n\n\n\n\n\n\n\n \n\nProgramme – Event Session(s)\n\n\n\nDate\nTime\nTopics\n\n\nDay 1\n30/10/2020\n14:30 – 15:00\nOpening Remarks\n\n\n15:00 – 15:30\nKeynote Address\n\n\n15:30 – 17:00\nSession 1 – Panel Discussion: ICM Advancement as a Catalyst for Islamic Financial Market and Real Sector Development to increase the roles of ICM in the midst of pandemic\n\n 	Key highlights of the global macroeconomic environments and Islamic financial market current conditions as the ecosystem for ICM.\n 	Exploring the new benchmark rate for pricing the Islamic securities.\n 	Unlocking opportunities for ICM to advance with innovative products and regulations that supports Islamic financial market and real sector development with a robust governance.\n\n\n\n\n17:15 – 18:30\nSession 2 – Digitalisation of ICM and Market Code of Conducts\n\n 	Current state of the art technology of the ICM.\n 	The importance of embracing digitalization to spur the growth of ICM.\n 	Smart contract in advancing the Islamic capital market development. \n\n\n\n\n\n \n\nDownloadable Document(s)\n\n 	Event Session(s) – PDF Format
URL:https://www.ifsb.org/event/eve00464-ifsb-iifm-high-level-seminar-in-conjunction-with-indonesia-shariah-economic-festival-2020-accelerating-islamic-capital-market-development-and-digitalization/
LOCATION:Online
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00464-1-1-e1697613591511.jpg
END:VEVENT
END:VCALENDAR