Kuala Lumpur - The Islamic Financial Services Board (IFSB) is organizing a Facilitating the Implementation of the IFSB Standards (FIS) Workshop in Kuala Lumpur, Malaysia on 29-31 October 2019. This workshop is tailored for the regulatory and supervisory authorities for the Islamic Capital Market sector.

The 3-day Workshop will focus on the following IFSB Standards:

  • Introduction to Islamic Capital Market
  • IFSB-6: Guiding Principles on Governance for Islamic Collective Investment Schemes (ICIS);
  • IFSB-10: Guiding Principles on Shari’ah Governance Systems for IIFS;
  • IFSB-19: Guiding Principles on Disclosure Requirements for Islamic Capital Market Products (Sukuk and Islamic Collective Investment Schemes); and
  • IFSB-21: Core Principles for Islamic Finance Regulation (ICM Segment)

Overall, the Workshop aims to:

  • Enhance the participants’ understanding of the respective Standards and Guiding Principles thereby facilitating the implementation of these standards in their respective jurisdictions;
  • Assist the participants in the practical application of issues addressed in the particular standards through case studies, hands-on exercises and other interactive tools; and
  • Promote the sharing of experiences among the participants on the implementation of respective IFSB Standards and Guiding Principles.

The FIS Workshops are a part of the IFSB’s support to its members based on the Strategic Key Result Area 2 (SKRA 2) on the Facilitating the Implementation of Prudential Standards and Capacity Development under the IFSB’s Strategic Performance Plan (SPP) 2019-2021”, to assist member organisations in adopting and implementing the IFSB Standards.

For enquires on IFSB workshops and membership services, please contact the IFSB Secretariat at ifsb_sec@ifsb.org.

For registration, https://www.ifsb.org/register_online.php?act=addnew&e_id=406.

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, market players, professional firms and industry associations. For more information about the IFSB, please visit www.ifsb.org

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