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

IBFIM allows industry to trial Islamic finance e-learning platform

IBFIM launched its first online education platform, IBFIM Online, in April. Aimed at the Islamic finance industry, IBFIM Online offers students the flexibility to access training materials in their own time, place and pace.

Dato' Dr. Adnan Alias, IBFIM's Chief Executive Officer said during the launch: "As a start we will provide limited complimentary access to the industry to experience the system. If they feel the programme matches their desired requirements then they can have the option of subscribing fully on a personal basis or via their employers."