15 June 2017, Kuala Lumpur 

The Islamic Financial Services Board (IFSB) and INCEIF - The Global University of Islamic Finance are organising the Eleventh Executive Forum on Islamic Finance on 16 - 17 August 2017. The theme of the Executive Forum is Creativity and Innovation in Islamic Financial Products: Standardisation and Competitiveness. The IFSB-INCEIF Executive Forum aims to push the current boundaries and explore the capabilities of the Islamic finance industry to innovate and develop an array of products to satisfy different customer segments. It also aims to delve into, and draw upon, the market player's perspectives on product development and innovation in Islamic finance.

The Executive Forum sessions will look at issues related to promoting both standardisation and healthy competition in the Islamic financial services industry, while at the same time explore the potentials of Fintech in Islamic Finance, and the industry’s contribution to Financial Inclusion.

The two-day Executive Forum will be divided into six sessions, which are:

·         Overview of Islamic Banking Products – Principles and Parameters

·         Consumer Financing Products – Strategies for Innovation

·         Shari’ah Rules in Products Development: Branding, Ethics and Innovation 

·         Innovation in Tak?ful Avenue for the Industry’s Growth

·         Fintech and Leveraging on the Industry’s Technological Advancements

·         Panel Discussion on Innovation in Finance Products: Towards Standardisation and Competitiveness 

The IFSB-INCEIF Executive Forum targets participants from among the mid to senior-level management, who seek to sharpen their skills and deepen their knowledge of the industry’s driving factors, as well as broaden their cross-border perspectives. The 11th Executive Forum is ideal for regulators and supervisors of the Islamic financial institutions, Chief Executive Officers, Board Members or senior management of the Islamic financial institutions, as well as product engineers and developers, product managers, senior management of Fintech companies, senior sales representatives, auditors, lawyers, advisers, academics and researchers in Islamic finance.

For further information and registration, do visit www.ifsb.org , or contact Mr. Ifran Tarmizi at ifran@ifsb.org  / ifsb_sec@ifsb.org

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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 INCEIF
INCEIF - The Global University of Islamic Finance, is set up by Bank Negara Malaysia to develop human capital for the global Islamic finance industry. Apart from its academic programmes, which are Master in Islamic Finance Practice, MSc in Islamic Finance and PhD in Islamic Finance, INCEIF also offers customised executive training programmes and industry-focused applied research in line with its vision to be the knowledge and thought leader in Islamic finance.

INCEIF syllabus is structured with inputs from industry players to bridge the gap between academic knowledge and industry experience. INCEIF faculty members, who are globally respected among the Islamic finance academia and industry, have a combined wealth of experience and diversity. The faculty, coupled with continuous support from the industry, provides INCEIF students with strong mentoring relationships and opportunities for professional development. For more information, please visit www.inceif.org.

© Press Release 2017