The IFSB Organises Workshop on Banking Standards in Iraq

by **claud39** Sun Mar 24, 2019 9:25 am

http://www.iraq-businessnews.com/2019/03/24/the-ifsb-organises-workshop-on-banking-standards-in-iraq/

The IFSB Organises Workshop on Banking Standards in Iraq

24th March 2019

The IFSB Organises Workshop on Banking Standards in Iraq Islamic-Financial-Services-Board-IFSB-623x346

24th March 2019 in Iraq Banking & Finance News, Iraq Education and Training News

By John Lee.

The Islamic Financial Services Board (IFSB) is organising a Facilitating the Implementation of the IFSB Standards (FIS) Workshop in Baghdad, Iraq on 1 – 3 April 2019.

This Workshop is hosted by the Central Bank of Iraq (CBL).

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

IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS);

GN-3:Guidance Note on the Practice of Smoothing the Profit Payout to Investment Account Holders;

GN-4:Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS; and

GN-6:Guidance Note on Quantitative Measures for Liquidity Risk Management

Overall, the Workshop aims to:

[list="color: rgb(85, 85, 85); font-variant-numeric: normal; font-variant-east-asian: normal; font-stretch: normal; font-size: 15px; line-height: 1.5em; font-family: \"open sans", sans-serif; padding: 10px 0px 35px 30px; text-align: justify; margin-right: 0px; margin-bottom: 15px; margin-left: 0px; border: 0px; outline: 0px; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; list-style: none; overflow: hidden;"]

[*]Enhance the participants’ understanding of the respective Standards and Guiding Principles;

[*]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.

[/list]

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) 2016-2018”, 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.

(Source: IFSB)

by **claud39** Sun Mar 24, 2019 9:27 am

https://www.ifsb.org/preess_full.php?id=468&submit=more

The IFSB Organises Workshop on Banking Standards in Iraq

The IFSB Organises Workshop on Banking Standards in Iraq Banner_press2

Date posted: 14 March 2019

Kuala Lumpur, 14 March 2019 - The Islamic Financial Services Board (IFSB) is organising a Facilitating the Implementation of the IFSB Standards (FIS) Workshop in Baghdad, Iraq on 1 – 3 April 2019.This Workshop is hosted by the Central Bank of Iraq.

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

IFSB-15: Revised Capital Adequacy Standard for Institutions Offering Islamic Financial Services (IIFS);
GN-3:Guidance Note on the Practice of Smoothing the Profit Payout to Investment Account Holders;
GN-4:Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio for IIFS; and
GN-6:Guidance Note on Quantitative Measures for Liquidity Risk Management

Overall, the Workshop aims to:

[list="color: rgb(118, 118, 118); font-size: 11px; background-color: rgb(198, 200, 203);"]
[*]Enhance the participants’ understanding of the respective Standards and Guiding Principles;

[*]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.

[/list]

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) 2016-2018”, 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.