Kuala Lumpur – The Islamic Financial Services Board (IFSB) is organising its first standalone high-level Executive Forum on Islamic Finance which will be held on 29 and 30 October 2018 at Sasana Kijang, Kuala Lumpur, Malaysia. Themed, “Effective Risk Management Oversight and Governance of Islamic Banks", this inaugural edition of the IFSB Executive Forum series intends to provide its participants greater understanding of risk oversight and governance issues for effective risk management of Islamic banks.

The Forum will focus on issues relating to the role of the Board of Directors, Risk Committee and senior management of Islamic banks in relation to risk management and governance oversight functions.

The two-day high-level IFSB Executive Forum on Islamic Finance will discuss on:

  •   Risk governance of Islamic banks and regulatory compliance
  •  Case studies on oversight of operational, Shariah-compliance and legal risks: issues and challenges
  •  Risk governance and oversight: role of the Board and Risk Committee
  •  Case studies on oversight of financial risk management: credit, market, liquidity and equity risks of Islamic banks
  •  Role of transparency and disclosure in effective risk governance
  •  The next phase in risk management and governance for Islamic banks

At the end of the two-day forum, the participants will be able to achieve a greater understanding of risk oversight and governance issues for effective risk management of Islamic banks via shared industry experiences and best practices, as well as the application of relevant IFSB Standards.

Senior management and Board of Directors of Islamic banks from the IFSB members and non-members jurisdictions are encouraged to participate in this high-level discussions.

Interested participants this high-level IFSB Executive Forum on Islamic Finance: “Effective Risk Management Oversight and Governance of Islamic Banks” are invited to register at www.ifsb.org. Please contact Mrs. Ida Shafinaz Ab. Malek (ida.shafinaz@ifsb.org) for further information.

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About the Islamic Financial Services Board (IFSB)

The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry by issuing global prudential standards and guiding principles for the industry, broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and coordinates initiatives on industry-related issues, as well as organises roundtables, seminars and conferences for regulators and industry stakeholders. Towards this end, the IFSB works closely with relevant international, regional and national organisations, research/educational institutions and market players.

 The members of the IFSB comprise regulatory and supervisory authorities, international inter-governmental organisations and market players, professional firms and industry associations.

For more information about the IFSB, please visit www.ifsb.org . 

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