FOR IMMEDIATE RELEASE
Title: INCEIF-IFSB Joint Executive Forum
29 April 2013
KUALA Lumpur - INCEIF, The Global University of Islamic Finance, and The Islamic Financial
Services Board (IFSB) today held their first joint Executive Forum on Islamic Finance at Sasana
Kijang Bank Negara Malaysia.
The two-day IFSB-INCEIF Executive Forum aims to provide a platform for global leaders in Islamic
finance to discuss selected emerging issues faced by the global Islamic financial services industry.
The IFSB-INCEIF Executive Forum places emphasis on issues related to the supervisory and
prudential regulation, both at national and international levels, harnessing from the experiences of
a distinguished pool of global experts, academics and practitioners.
The Forum stays true to INCEIF’s mission to have a knowledge-exchange initiative among
academics, policymakers and practitioners. This helps deepen financial intermediation, expand
financial inclusion and contribute to financial stability.
Among the Forum facilitators are key representatives of regulatory and supervisory authorities, and
leading industry players who are members of the IFSB including Mr Mohamad Muhsin Mohd Anas
from Bank Negara Malaysia and Mr Jereon Thijs of Bank Islam Malaysia, as well as thought leaders
from amongst INCEIF Professors, Prof. Dr Abbas Mirakhor, Emeritus Prof. Rodney Wilson and Prof.
Dr. Saiful Azhar Rosly.
The Executive Forum is the inaugural edition of the IFSB-INCEIF Executive Forum series, and will
focus on “Building Risk Management Infrastructures in Islamic Financial Institutions.” It intends to
provide comprehensive deliberation and exchange of views between and among practitioners,
regulators, and academics on the existing strategies and approaches in managing risks in Islamic
banking operations.
The Forum will cover issues on building and developing adequate framework and infrastructures for
risk management in Islamic Banks. It will also include highlights on the impact of the changing
global financial infrastructure in risk management practices, and how regulators of the Islamic
financial services industry should react to and anticipate the changing landscape of the industry.
During the two days, the Forum covered the following topics:
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Firm-wide Risk Management Framework for Islamic Banks
Credit Risk Minimisation in Islamic banking Practices
Revolving Issues in Liquidity Management in Islamic Banks
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Risk-Sharing via Equity Financing: Enhancing Potentials and Confronting Issues;
A Holistic Approach in Managing Sharī`ah Non-Compliance Risks;
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Regulating Minimum Capital Requirements to Foster Stability of the Islamic Banking
Industry;
A Regulatory Perspective in Risk Reporting and Disclosure for Islamic Banks
Risk-based Supervision in Islamic Banking
Regulatory and supervisory authorities, CEOs in Islamic banking sectors, senior management,
directors in risk management and Sharī`ah governance as well as academicians and Islamic finance
practitioners are encouraged to participate in this Executive Forum.
Two other Executive Forums are planned in the third and fourth quarters of 2013 which will focus on
Corporate and Sharī`ah Governance and Takāful respectively. More information of the upcoming
Executive Forums and the topics will be announced in due course.
Ends.
About INCEIF:
INCEIF, The Global University of Islamic Finance, is set up by Bank Negara Malaysia to develop
human capital for the global Islamic finance industry. Apart from its academic programmes,
which are Chartered Islamic Finance Professional, MSc in Islamic Finance and PhD in Islamic
Finance, INCEIF also offers customised executive training programmes and industry-focused
applied research in line with its vision to be the knowledge and thought leader in Islamic
finance.
INCEIF syllabus is structured with inputs from industry players to bridge the gap between
academic knowledge and industry experience. INCEIF faculty members, who are globally
respected among the Islamic finance academia and industry, have a combined wealth of
experience and diversity. The faculty, coupled with continuous support from the industry,
provides INCEIF students with strong mentoring relationships and opportunities for
professional development.
For more information, please visit www.inceif.org
Press contact:
Baidura Ahmad
Senior Executive, Marketing & Communication
Tel: 03- 76514037, 012 - 6329699
baidura@inceif.org