Media Contact:
Media Contact:
Mrs. Siham Ismail Tel: 6 03 9195 1430 |
Baidura Ahmad Tel: 6 03 7651 4035 |
Mobile: 6 012 373 5842 | Email: siham@ifsb.org
Mobile: 6 012 6329699 | Email: baidura@inceif.org
FOR IMMEDIATE RELEASE: 3 April 2013
IFSB and INCEIF Introduce Inaugural Executive Forum on Islamic Finance
3 April 2013, Kuala Lumpur – The Islamic Financial Services Board (IFSB) and The Global
University of Islamic Finance (INCEIF) are organising the first joint Executive Forum on Islamic
Finance which will be held on 29 – 30 April 2013 at Sasana Kijang, Kuala Lumpur, Malaysia.
The 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 April 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 discourse 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.
The two day Executive Forum will cover the following topics:

Firm-wide Risk Management Framework for Islamic Banks

Credit Risk Minimisation in Islamic banking Practices

Revolving Issues in Liquidity Management in Islamic Banks

Risk-Sharing via Equity Financing: Enhancing Potentials and Confronting Issues;

A Holistic Approach in Managing Sharī`ah Non-Compliance Risks;

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
This Executive Forum will be facilitated by key representatives of regulatory and supervisory
authorities, multilateral organisations 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.
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 Takafūl respectively. More information of the
upcoming Executive Forums and the topics will be announced in due course. Interested
participants of the inaugural Executive Forum on Islamic Finance: “Building Risk Management
Infrastructures in Islamic Financial Institutions” are invited to register at www.ifsb.org. Please
contact Mrs. Azizakhon Yarlaeva at aziza@ifsb.org for further information.
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NOTE TO EDITOR:
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 intergovernmental organisations and market players, professional firms and industry associations.
For more information about the IFSB, please visit www.ifsb.org.
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.