The IFSB and Bank Indonesia to Jointly Host Awareness Seminar and Technical Workshop on Financial Inclusion

Date Posted: 26 November 2018

Kuala Lumpur, 26 November 2018 – The Islamic Financial Services Board (IFSB) is pleased to announce that it is partnering with Bank Indonesia to jointly organise a public seminar and workshop on financial inclusion and Islamic finance on 11 December 2018, in Surabaya, Indonesia. Themed as “Broadening Economic Frontiers and Reducing Income-Gaps through Inclusive Finance: The Islamic Finance Solution”, the programme targets to improve participants’ understanding on financial inclusion activities in Islamic finance that will support poverty alleviation and income generation objectives of national jurisdictions.

The one-day programme will be divided into two sessions with the morning session featuring a keynote address followed by a panel discussion on “Unlocking Economic Opportunities and Enabling Livelihood Creation: The Islamic Finance Proposition”. The afternoon session will be dedicated to an interactive technical workshop on approaching financial inclusion through Islamic finance, based on the latest guidelines which have developed by the IFSB. Specifically for industry players, the seminar will raise insights on the operational and regulatory considerations for offering Sharīʻah-compliant inclusive finance products and services.

To this end, the Seminar and Workshop’s objectives are:

  1. To identify Sharīʻah-compliant financial solutions for promoting inclusive growth and jobs creation in the global economy in light of contemporary challenges.
  2. To analyse practical case studies and real examples of utilisation of Sharīʻah-compliant financial mechanisms in institutions, products and/or services that support broader economic policy objectives of poverty alleviation and financial inclusion.
  3. To assess operational and regulatory considerations applicable to various service providers interested in offering Sharīʻah-compliant financial inclusion products and services.

The Seminar and Workshop on Financial Inclusion and Islamic Finance is being held in conjunction with the 5th Indonesia Shari’a Economic Forum scheduled to be held from 11 – 14 December 2018. Participation to this event is free-of-charge and is on first-come first-serve basis. Interested parties are invited to register their interest for participation at www.ifsb.org and to contact Mrs. Ida Shafinaz Ab. Malek ([email protected]) for further information.