Complex Made Simple

IFSB and BIBF concludes Islamic Finance Executive Programme in Bahrain

BIBF and the Islamic Financial Services Board (IFSB) recently concluded a 2-day Islamic Finance Executive Programme (IFEP), the first of its kind in the region, titled ‘Building Robust Risk Management Infrastructure: Growth Driver for Islamic Financed’, held last week at the Diplomat Radisson Blu Hotel.

31 senior industry practitioners, CEOs, regulators and academics from 10 different countries attended the event. Mr. Khalid Hamad, Executive Director of Banking Supervision at the Central Bank of Bahrain (CBB) delivered the welcome address.

The programme schedule consisted of six sessions and one plenary discussion. Speakers included Mr. Amit Yashpal, Head of Risk Management at KFH Bahrain; Mr. Asad Jafree, Ernst & Young ; Mr. Serdar Güner, Director of Supervision at Dubai Financial Services Authority; Mr. Faizal Jafaar, Director of Bank Negara Malaysia, Dr. Muhammad Al-Bashir Al-Amine, Senior Director and Group Head of Shari’ah Compliance Department at Bank Alkhair, Bahrain and Mr. Zahid ur Rehman Khokher, Assistant Secretary General of the IFSB.

Panellists, Mr. Amit Yashpal (Head of Risk Management, KFH Bahrain), Ms. Ashley Freeman (Head of Islamic Banking, Charles Russell) and Mr. Hussain Sharaf (Head of Islamic Banking, CBB) discussed the supervisory perspectives on risk and governance, risk-based supervision in Islamic banking, and the role of disclosure in effective risk management in Islamic banks.

The session was moderated by BIBF’s Head of Centre for Islamic Finance Mr. Hani Redha.