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Programme - Event Session(s)
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| Date |
Time |
Topics |
Day 1 30/03/2010 |
08:30 - 09:00 |
Registration
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| 09:00 - 10:30 |
Session 1: Treatment of profit sharing investment accounts (PSIA) as deposits and quasi deposit products: Shari’ah and legal perspectives
Conceptual background on the Mudarabah contracts, which treat PSIA as investments.
Why PSIA are being treated differently in practice, often as a deposit-like product?
Legal and market considerations often seek to protect PSIA; how to reconcile the legal and market considerations and Shari’ah considerations?
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| 10:30 - 11:00 |
Coffee Break and Networking
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| 11:00 - 12:30 |
Session 2: Management of PSIA, and measurement of DCR, “Alpha” and capital adequacy
Modeling investment accounts management by Islamic banks
Determination of the Alpha factor in the capital adequacy ratio: A practical approach
Case study on Qatari banks
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| 12:30 - 14:00 |
Lunch and Zhur Prayer
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| 14:00 - 15:30 |
Session 3: Supervisory and Regulatory Implications of Treating PSIA as deposit like products
Supervisory discretion on Alpha and supervisory assessments of “negligence and misconduct”
Corporate governance and disclosure requirements
Implications for stress testing approaches and scenarios
End of Workshop
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Day 2 31/03/2010 |
08:30 - 09:00 |
Registration
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| 09:00 - 10:30 |
Session 1: Supervisory Review Process for Islamic Windows
Overview of the IFSB standard on supervisory review process
Application of the IFSB standard on supervisory review process for Islamic windows
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| 10:30 - 11:00 |
Coffee Break and Networking
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| 11:00 - 12:30 |
Session 2: Risk Management and Capital Adequacy for Islamic Windows
Overview of the IFSB risk management and capital adequacy standards
Relevance of the IFSB Risk management and capital adequacy standard to Islamic windows
Special treatment for risk management and capital adequacy for Islamic windows
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| 12:30 - 14:00 |
Lunch and Zhur Prayer
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| 14:00 - 15:30 |
Session 3: Disclosure to Promote Transparency and Market Discipline for Islamic Windows
Overview of the IFSB corporate governance standard and disclosures to promote transparency and market discipline
Applicability of the IFSB corporate governance standard and disclosures to promote transparency and market discipline to Islamic windows
End of Workshop
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