IFSB plans workshops for banking, takaful and the Islamic capital market

The Islamic Financial Services Board (IFSB) will be organising three FIS workshops for banking, takaful and the Islamic capital market in October and November 2015 in Kuala Lumpur, Malaysia. 

The workshops are designed to enhance participants’ understanding of the respective standards and guiding principles applicable to each sector. The workshops also aim to assist the participants in the practical application of the issues addressed in the particular standard through case studies, group exercises, and other interactive tools; and to promote the sharing of experiences among regulators and market players on the implementation of the respective IFSB standards. The organisation invites all regulatory and supervisory authorities from among IFSB member countries to participate.

FIS workshop for the Islamic capital market sector

19 to 21 October 2015

This workshop covers:

• Introduction to Islamic capital markets 
• Sharing of country experiences on the strategies and policies for developing vibrant Islamic capital markets
• Revised capital adequacy standard for institutions offering Islamic financial services (IIFS) (IFSB-15)
• Guiding principles on shari'ah governance systems for IIFS (IFSB-10) and Guiding principles on governance for Islamic collective investment schemes (ICIS) (IFSB-6)

FIS workshop for the takaful sector 

19 to 21 October 2015
This workshop covers: 

• Introduction to takaful
• Sharing of country experiences on the strategies and policies for developing a robust takaful industry
• Standard on risk management for takaful undertakings (IFSB-14)
• Standard on solvency requirements for takaful undertakings (IFSB-11), 
• Guiding principles on shari'ah governance systems for IIFS (IFSB-10) and 
• Guiding principles on governance for takaful undertakings (IFSB-8).

FIS workshop for the banking sector

16 to 20 November 2015

This workshop covers: 

• Revised guidance on key elements in the supervisory review process (IFSB-16) 
• Guiding principles on shari'ah governance systems for IIFS (IFSB-10) 
• Guidance note on quantitative measures for liquidity risk management (IFSB-6) 
• Recent developments in the supervisory review process framework and liquidity risk management at the global level

Interested?

Contact Hamizi Hamzah at hamizi at ifsb.org.