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X-WR-CALDESC:Events for Islamic Financial Services Board
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BEGIN:VEVENT
DTSTART;TZID=UTC:20160111T090000
DTEND;TZID=UTC:20230114T163000
DTSTAMP:20260502T094531
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:20260502T094531
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:20201201T160000
DTEND;TZID=UTC:20201201T183000
DTSTAMP:20260502T094531
CREATED:20201130T160005Z
LAST-MODIFIED:20231228T014715Z
UID:4781-1606838400-1606847400@www.ifsb.org
SUMMARY:2nd Extraordinary Meeting of the Technical Committee
DESCRIPTION:The 2nd Extraordinary Meeting of the Technical Committee of the IFSB is scheduled to be held online as follows:\n\n \n\n\n\nDate\n1 December 2020\n\n\nTime\n16:00 – 18:30 (Kuala Lumpur\, Malaysia time)\n\n\n\n \n\nParticipation in the meeting is by INVITATION only. For more information please email to: khairun.nissa@ifsb.org\n\n \n\nEvent Snapshots
URL:https://www.ifsb.org/event/eve00472-2nd-extraordinary-meeting-of-the-technical-committee/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201203
DTEND;VALUE=DATE:20201204
DTSTAMP:20260502T094531
CREATED:20201202T160010Z
LAST-MODIFIED:20231228T014708Z
UID:4774-1606953600-1607039999@www.ifsb.org
SUMMARY:2nd Working Group Meeting on Revised Solvency Requirements for Takaful Undertakings
DESCRIPTION:The 2nd Working Group Meeting on Revised Solvency Requirements for Takaful Undertakings is scheduled to be held as follow :\n\n \n\n\n\nDate\n3 December 2020\n\n\nTime\n2.30 PM (GMT +8.00\, KL time)\n\n\nVenue\nWeb-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/eve00468-2nd-working-group-meeting-on-revised-solvency-requirements-for-takaful-undertakings/
LOCATION:Online
CATEGORIES:Meetings
ATTACH;FMTTYPE=image/jpeg:https://www.ifsb.org/wp-content/uploads/2023/10/EVE00468-2-1-e1697610045234.jpg
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BEGIN:VEVENT
DTSTART;VALUE=DATE:20201210
DTEND;VALUE=DATE:20201211
DTSTAMP:20260502T094531
CREATED:20201209T160058Z
LAST-MODIFIED:20231228T014657Z
UID:4764-1607558400-1607644799@www.ifsb.org
SUMMARY:37th Islamic Financial Services Board (IFSB) Council Meeting
DESCRIPTION:The 37th Islamic Financial Services Board (IFSB) Council Meeting is scheduled to be held via online on Thursday\, 10 December 2020.\n\nThis meeting is a closed session and participation is by invitation ONLY.\n\nIf you have any enquiries regarding the meeting\, please contact Ms. Nissa at khairun.nissa@ifsb.org and Mrs. Ida Shafinaz at ida.shafinaz@ifsb.org. More information will be posted on this page in the weeks ahead.\n\nPlease stay safe and well during this challenging time.\n\n \n\nEvent Snapshots
URL:https://www.ifsb.org/event/eve00458-37th-islamic-financial-services-board-ifsb-council-meeting/
LOCATION:Online
CATEGORIES:Meetings
END:VEVENT
BEGIN:VEVENT
DTSTART;VALUE=DATE:20201214
DTEND;VALUE=DATE:20201215
DTSTAMP:20260502T094531
CREATED:20201213T160002Z
LAST-MODIFIED:20231228T020819Z
UID:4753-1607904000-1607990399@www.ifsb.org
SUMMARY:Roundtable on Takaful
DESCRIPTION:Event Snapshots
URL:https://www.ifsb.org/event/eve00474-roundtable-on-takaful/
LOCATION:Online
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:20201216
DTEND;VALUE=DATE:20201217
DTSTAMP:20260502T094531
CREATED:20201215T160042Z
LAST-MODIFIED:20231228T020812Z
UID:4725-1608076800-1608163199@www.ifsb.org
SUMMARY:21st Islamic Financial Stability Forum - The Implications of COVID-19 on the Stability of Islamic Financial Services Industry
DESCRIPTION:The IFSF provides opportunity to renowned IFSI leaders\, decision markers and regulators to offer diverse perspectives as well as exchange ideas with industry stakeholders across different segments of the IFSI on related regulatory and policy initiatives and issues. This 21st IFSF involves a session of panel discussion that focuses on the COVID-19 related issues and their implication for the stability and resilience of the IFSI. Further\, it also attempts to have forward looking policy to prevent the potential and unprecedented crisis and industry responses facing the current and future crisis.\n\nThe COVID-19 pandemic no doubt exerts significant pressures on both the regulatory and supervisory authorities (RSAs) as well as supervised firms including the institutions offering Islamic financial services (IIFS). This is especially in terms of coping with the dynamics of the consequences of the pandemic depending on its effects and duration\, as well as adapting supervisory approaches and working practice respectively toward the apparent\, anticipated\, and obscure risks that may result due to contraction in the real economy to which the IFSI is highly exposed.\n\nIn addition\, it is likely that the need to urgently address the matters arising from the outbreak of COVID-19 may have subsumed attention to other wider issues relating to how the IFSI complements the achievement of the sustainable development goals including the social development. These developments will obviously put both the stability and resilience of the IFSI to test in the later part of 2020 and perhaps beyond. The specific issues relating to these broad concerns are amongst the focus of the panel discussion session of this 21st IFSF besides the prospect of Islamic finance taken into account the lesson learnt from the pandemic.\n\n \n\nEvent Snapshots\n\n\n\n\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\n16/12/2020\n14:30 – 14:40\nOpening Remarks\n\n\n14:40 – 16:00\nPanel Discussion on Assessing the effectiveness of regulatory and supervisory response to maintain financial stability upon the impact of COVID-19 and way ahead\n\nIn many jurisdictions\, recommendations have been offered on the use of regulatory buffers\, the need to preserve compliance with international standards\, and promote international and inter-organisational coordination. A few have also looked at these issues with focus on the specificities of Islamic financial services such as balance sheet components\, relatively smaller size of the IFSI in many jurisdictions\, and the state of the economy of countries where Islamic finance is practiced.\n\nWhile the effect of the first wave of the pandemic is starting to manifest\, especially as various fiscal\, monetary and other stimulus introduced by the various governments are being relaxed\, the impact of the second wave of COVID-19 is also likely to take effect in the coming months. Not only might there be a significant increase in credit risk due to financing delinquencies\, market liquidity might also be strained\, and asset markets might be disrupted. Moreover\, the indispensability of digitalising financial services due to social distancing as a new normal to flatten the curve of the pandemic also presents technology-related risks that might result from staff remote access to financial network as well as outsourcing of cloud services for instance to third-parties.\n\nAlso\, the abruptness and pervasiveness of the COVID-19 pandemic and the responses it elicited might also have impacted on the requisite attention needed on other wider issues including for instance\, climate change and financial inclusion which are also considered important to the IFSI. While these challenges affect the entire financial system in a jurisdiction\, their implications for the IFSI might also present peculiar effects given the specificities of Islamic finance.\n\n \nDiscussion Points:\n\n 	What is the effect of the prudential regulatory and supervisory policy response to COVID-19to maintain financial stability of IFSI in general?\n 	Are various stimulus packages introduced stimulating new spending and preventing job losses quickly enough as desired especially to the households and SMEs to which the Islamic banks are highly exposed?\n 	Are there any unexpected prudential consequences peculiar to the specificities of the IFSI that have emerged from the crisis and what are their implications?\n 	How can the Islamic banks deal with regulatory capital treatment of ECLs given that IFRS-9 did not specify such treatment for profit and loss sharing contract\, for instance?\n 	What are the peculiar impediments and risks to the digital transformation of the IFSI as necessitated by COVID-19? Are there legacy infrastructure\, human capital or capital budgeting constraints\, for instance?\n 	How effective is the coordination and communication among various regulators and supervisors of Islamic finance segments in response to COVID-19?\n 	What factors should the regulatory and supervisory authorities consider to be of utmost importance\, as countries where Islamic finance is practiced gradually ease the lockdown?\n 	What are the forward looking policy to be pursued taken into account the lesson learnt from pandemic?\n 	To what extent has the focus on the effect of the pandemic subsumed attention on other wider issues and initiatives that are pertinent to Islamic finance such as financial inclusion\, climate change\, etc?\n\n·\n\n\n16:00 – 16:15\nQ&A Session
URL:https://www.ifsb.org/event/eve00473-21st-islamic-financial-stability-forum-the-implications-of-covid-19-on-the-stability-of-islamic-financial-services-industry/
LOCATION:Kuala Lumpur\, Kuala Lumpur\, Malaysia\, Malaysia
CATEGORIES:Awareness Programme
ATTACH;FMTTYPE=image/png:https://www.ifsb.org/wp-content/uploads/2023/12/Group-1146.png
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