IFSB - BIBF to Continue Programme in October 2015

IFSB – BIBF to Continue Islamic Finance Executive Programme in October 2015 Covering Topics on Islamic Capital Market

ISLAMIC FINANCE

Kuala Lumpur, MALAYSIA / Manama, BAHRAIN

Thursday, 20th August 2015

The Islamic Financial Services Board (IFSB) and BIBF are organising the second joint IFSB-BIBF Islamic Finance Executive Programme (IFEP) series, themed, “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges,” on 5 – 6 October 2015 in Manama, Bahrain.

With the theme “Towards a Vibrant Islamic Capital Market: Opportunities and Challenges”, this second edition of the IFSB-BIBF Islamic Finance Executive Programme will focus on key areas that are expected to be catalysts in driving Islamic capital markets into the next phase of growth and development from the perspectives of market practitioners, regulators and academia. It also aims to promote an informed analysis and understanding of Islamic capital markets through discussions of topical and contemporary issues as well as of prospects and challenges relating to Islamic capital market products and services.

The sessions will include analysis and deliberations on the current trends and developments of the Islamic capital markets, innovations inSukuk structures such as perpetual Sukuk, and prospects for cross-border Sukuk. Furthermore, the participants will be exposed to issues related to development of new markets, Islamic Collective Investment Schemes (ICIS), Shariah-compliant hedging, as well as the role of the regulatory and supervisory authorities in ensuring market integrity, transparency and protection of investors.

The panel session, as a key feature of this Islamic Finance Executive Programme will highlight key issues and challenges in Islamic capital markets relating to the Shariah framework, the resilience of its infrastructures as well as develop policy recommendations drawing on the views and experiences of both supervisors and market practitioners.

Among the topics which will be covered are:

• Development of the Islamic Capital Market (ICM): Progress and Trends
• Innovative Sukuk Structures: A New Path for the Growth of ICM
• Islamic Collective Investment Schemes (ICIS): Promoting Strong Foundations
• Islamic Real Estate Investment Trusts (I-REITs): An Emerging Asset Class for Wealth Management
• Shariah-compliant Hedging Instruments: Addressing the Market Risk Management Needs of the Industry
• Sound Development of the ICM: The Supervisory Role
• Panel Discussion on Building a Vibrant Islamic Capital Market: Key Issues and Challenges

The IFEP is ideal for Regulators and Supervisors of the Islamic Capital Markets, Chief Executive Officers and Board Members of Investment Companies, Originators and Issuers as well as Arrangers/Bookrunners of ICM Products, Senior Management at Credit Rating Agencies. Senior Management of Islamic Capital Market Associations, Senior Managers in the Risk Management, Shariah Governance and Compliance Functions, Auditors, Lawyers, Academicians and Researchers in ICM.

 You are invited to Register click here, or View the IFEP brochure at click here.

For further information of IFEP, visit www.ifsb.org. or contact Mr. Hamizi Hamzah at hamizi@ifsb.org for enquiries.

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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 inter-governmental organisations and market players, professional firms and industry associations.

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

About BIBF

BIBF has an important role to play in supporting the financial sector of Bahrain. BIBF continues to support all the financial institutions in Bahrain in the development of a world class people for the sector.  BIBF does this by providing the highest quality of assessment, education, training and development in the region and ensuring that it deliver internationally accredited courses and programs.

Since its inception in 1981, BIBF has grown from 450 participants mainly from within the Banking sector to over 17,000 participants largely within the financial services industry. BIBF delivers training and development solutions across all major business disciplines including Accounting and Finance; Banking; Insurance; Islamic Finance; Information Technology; Management and Leadership expertise. BIBF also has a major emphasis in Academic and Executive development.

BIBF has an international footprint having delivered programmes in regions such as Asia, Africa, Europe, and the wider Middle East, and educating over 60 different nationalities here in Bahrain.