About the Workshop This 3-day Workshop is tailored for the Central Bank of Iraq. It will discuss the following IFSB Standards: IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS) GN-3:Guidance Note on the Practice of Smoothing the Profit Payout to Investment Account Holders GN-4:Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS GN-6:Guidance Note on Quantitative Measures for Liquidity Risk Management Overall, this Workshop aims to: 1. Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions; 2. 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 3. Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.