* ISLAMIC FINANCIAL SERVICES BOARD* *Media Contact:*
*Mrs Siham Ismail Tel: 6 03 9195 1430 / Email: **[email protected]*<[email protected]> *FOR IMMEDIATE RELEASE: 13 January 2014* *The Central Bank of Sudan to Host IFSB Workshops and AwarenessProgrammes in Khartoum* *Kuala Lumpur, 13 January 2014 – The Islamic Financial Services Board (IFSB) is a Seminarand two Workshops and in Khartoum, Sudan on 18 – 20 February 2014. The Central Bank ofSudan is kindly hosting the Workshops and other events.* The IFSB will organise its 6th Seminar on the Regulation of *Takaful*, which is part of the IFSB mandate to facilitate the development of Islamic finance, including the *Takaful* segment of the industry. The Seminar, which will be held on 19 February 2014, is themed “Current Regulatory Issues Facing the Islamic Financial Industry”. It aims to deepen understanding on pertinent issues relating to the regulation of *Takaful*, taking into consideration the changing dynamics of the industry post-crisis. Previous *Takaful* Seminars have been held in Jordan (2005), Malaysia (2006), Egypt(2006), Singapore (2009) and UAE (2010). Participation for this seminar is free and is open to all. The 6th Seminar on the Regulation of *Takaful* will be held back to back with the GTG/ICMIF/IFTI Joint *Takaful* Network Seminar 2014 which will take place from 16 – 18 February 2014. A special IFSB session on *Takaful* will be held on 18 February 2014 as part of the GTG/ICMIF/IFTI Seminar. The Workshops will focus on Facilitating the Implementation of the IFSB Standards (FIS) on Banking and *Takaful*. The FIS Workshops on Banking, to be held on 18 to 20 February 2014 will discuss the regulatory framework based on Basel III which is part of the newly adopted Revised Capital Adequacy Standard (IFSB-15), Capital Adequacy Requirements for *Sukuk*, Securitisations and Real Estate investment (IFSB-7), Guidance Note on the Practice of Smoothing the Profits Payout to Investment Account Holders (GN-3) and Guidance Note in Connection with the IFSB Capital Adequacy Standard: The Determination of Alpha in the Capital Adequacy Ratio (GN-4). Meanwhile, the IFSB Workshop on *Takaful* which will be held on 20 February 2014 will cover the newly issued standard on Risk Management for *Takaful* (IFSB-14). The Central Bank of Sudan will also host an IFSB Meet the Members Session on 18 February 2014. The IFSB has 20 member organisations from Sudan representing all sectors in the Islamic financial services industry (IFSI). The Central Bank of Sudan is a Founding member of the IFSB, and sits as a Permanent Member of the IFSB Council. The Sudanese financial experts and leaders have also contributed greatly to the work of the IFSB since its establishment in 2002, by participating in the technical committee, working groups, task forces, roundtables, forums and seminars. As space is limited, interested participants are invited to visit www.ifsb.org for registration. Please contact Mrs. Ida Shafinaz Ab. Malek at [email protected] for further information on the Seminar and the Workshops. *----------------------------------------------------------- end -------------------------------------------------------* *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 IFSB comprises 185 members in 45 jurisdictions, representing 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*<http://www.ifsb.org/> *.* -- *_________________________________________* *sender : Maan Barazy* *Economist - Visionary entrepreneur - Certified Shari'a Adviser and Auditor (CSAA- AAOIFI Certified) - **MA Islamic Comparative Jurisprudence - **BS International Economics **Managing Partner And CEO of Data and Investment Consult-Lebanon – The Centre For Islamic Finance - * *check our websites: middleeastrisk.com <http://middleeastrisk.com> - islamicfinancearabia.com <http://islamicfinancearabia.com> - arabbankingwires.com <http://arabbankingwires.com> - lebanondatamonitor.com <http://lebanondatamonitor.com> - ebusinesslebanon.net <http://ebusinesslebanon.net> - shariaafinance.com <http://shariaafinance.com> - capitalissuesonline.com <http://capitalissuesonline.com> - smelebanon.net- socialratings.net <http://socialratings.net> - alwikala.com <http://alwikala.com>* *contactus; email : [email protected] <[email protected]> **[email protected] <[email protected]>;**[email protected]*<[email protected]> · *Twitter : **twitter.com/maanbarazy <http://twitter.com/maanbarazy>* · *Linkedin**: **http://www.linkedin.com/in/maanbarazy*<http://www.linkedin.com/in/maanbarazy> · *Facebook**: facebook.com/maanbarazy <http://facebook.com/maanbarazy>* · *Accademia.edu : **http://independent.academia.edu/maanbarazy <http://independent.academia.edu/maanbarazy>* · *Slideshare: **http://www.slideshare.net/maanbarazy*<http://www.slideshare.net/maanbarazy> -- -- You received this message because you are subscribed to the Google Groups "Kantakji Group" group. 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