Sunday, 13 December 2015

E-modules available for seven IFSB standards

The Islamic Financial Services Board (IFSB) has introduced the FIS E-Learning Portal in line with its efforts to facilitate the implementation of IFSB standards by member countries. The portal provides both IFSB members and non-member organisations with a learning and knowledge management suite to build awareness and understanding of IFSB standards.

Secretary-General of the IFSB Jaseem Ahmed said, "The development and introduction of an e-learning platform for the IFSB standards provides our diverse members, from 47 countries, with on-demand access to capacity development material for a wide range of standards.

“I am pleased to thank the Asian Development Bank for its provision of technical assistance support to establish the e-learning modules, and to the government of the Republic of Korea for the funding.”

A total of 14 e-modules have a collective seat time of 15 hours and cover seven IFSB standards:

IFSB-1: risk management
IFSB-6: governance for collective investment schemes
IFSB-10: sharī`ah governance system
IFSB-14: risk management for takāful
IFSB-15: revised capital adequacy
IFSB-16: revised supervisory review process and
IFSB-17: core principles for Islamic finance regulation

Interested?

The modules are available to both IFSB member and non-member organisations by subscription. As an extension of the IFSB membership benefits, a certain number of complimentary subscriptions are made available to organisations from the various categories of IFSB membership. Find out more about the FIS E-Learning Portal