BY ZALEHA ZAIN.
ISLAMIC FINANCIAL SERVICE ACT 2013 (IFSA 2013)
CRITICISM AND ITS IMPACTS.
The IFSA 2013 or Islamic Financial Service Act 2013 came into effect on 31 June 2013 after it was approved by a Parliament. Basically The it repeals the Islamic Banking Act 1983 (BAFIA) and the Takaful Act 1984 (TA) and combines the Islamic financial and takaful services under the aforementioned acts in a similar fashion. Means that those two Acts are no longer use nowadays.
FEATURES OF IFSA 2013:
to focus on Shari’ah compliance and governance in the Islamic financial sector.
To provides for a comprehensive legal framework that is fully consistent with Shari’ah in all aspects of regulation and supervision, from licensing to the winding up of an institution.
Promoting financial stability and protect the rights and interests of consumers of financial services and products based on Shari’ah compliance.
AlHuda CIBE is a well-established name in Islamic financial and Education Market focusing on Awareness, Education, Training, Promotion, Advisory and Publications on Islamic Banking and Finance around the globe from the last ten years.
We are delighted to hold “Two Days Training Workshop on Islamic Banking & Finance “on April, 17th – 18th, 2015 in Nairobi, Kenya. You are requested to participate and nominating your officials for participation into this training workshop.
This workshop is a platform for all Banking & Takaful Industry to discuss the current situations, challenges and Future Potential of Islamic Banking & Takaful in Kenya. For more details please visit http://www.alhudacibe.com/conference2015/kenya.php
ALHUDA CENTRE OF ISLAMIC BANKING & ECONOMICS IS PLEASED TO ORGANIZE AFRICAN 2 – DAYS SPECIALIZED TRAINING WORKSHOP ISLAMIC BANKING, ISLAMIC SME & ISLAMIC MICRO FINANCE on 13th & 14th June, 2014 - Ghana
BY ZALEHA ZAIN.
ISLAMIC FINANCIAL SERVICE ACT 2013 (IFSA 2013)
CRITICISM AND ITS IMPACTS.
The IFSA 2013 or Islamic Financial Service Act 2013 came into effect on 31 June 2013 after it was approved by a Parliament. Basically The it repeals the Islamic Banking Act 1983 (BAFIA) and the Takaful Act 1984 (TA) and combines the Islamic financial and takaful services under the aforementioned acts in a similar fashion. Means that those two Acts are no longer use nowadays.
FEATURES OF IFSA 2013:
to focus on Shari’ah compliance and governance in the Islamic financial sector.
To provides for a comprehensive legal framework that is fully consistent with Shari’ah in all aspects of regulation and supervision, from licensing to the winding up of an institution.
Promoting financial stability and protect the rights and interests of consumers of financial services and products based on Shari’ah compliance.
AlHuda CIBE is a well-established name in Islamic financial and Education Market focusing on Awareness, Education, Training, Promotion, Advisory and Publications on Islamic Banking and Finance around the globe from the last ten years.
We are delighted to hold “Two Days Training Workshop on Islamic Banking & Finance “on April, 17th – 18th, 2015 in Nairobi, Kenya. You are requested to participate and nominating your officials for participation into this training workshop.
This workshop is a platform for all Banking & Takaful Industry to discuss the current situations, challenges and Future Potential of Islamic Banking & Takaful in Kenya. For more details please visit http://www.alhudacibe.com/conference2015/kenya.php
ALHUDA CENTRE OF ISLAMIC BANKING & ECONOMICS IS PLEASED TO ORGANIZE AFRICAN 2 – DAYS SPECIALIZED TRAINING WORKSHOP ISLAMIC BANKING, ISLAMIC SME & ISLAMIC MICRO FINANCE on 13th & 14th June, 2014 - Ghana
AlHuda CIBE going to organize Innovative Product Development of Islamic Banking & Fiance training workshop in Dubai
E: support@alhudacibe.com
http://www.alhudacibe.com/conference2018/IPDIBF2018/
The Mecelle was the civil code of the Ottoman Empire in the late 19th and early 20th centuries. It was the first attempt to codify a part of the Sharia-based law of an Islamic state.
1. H.E. Dr. Kingsley Moghalu
Deputy Governor
Central Bank of Nigeria
The one-and-a-half day Summit aims to
bring together an experienced international
group of high profile speakers and an
expected audience of over 200 delegates
from all sectors of the financial services
Industry across the globe.
The theme of the 11th Summit is New
Markets and Frontiers for Islamic Finance:
Innovation and the Regulatory Perimeter.
Global Overview of the Islamic Financial
Services Industry (IFSI): Outlook and Policy
Developments
Legal and Regulatory Environment of
Islamic Finance
Sukūk, Market Development and Regulation
The Role of Islamic Finance in Economic
Development: Promoting Financial
Inclusion, Sustaining Innovation, Expanding
the Regulatory Perimeter - Striking a Balance
Panel Discussion on‘New and Emerging
Islamic Finance Jurisdictions:
Opportunities and Challenges Ahead’
New Markets and Frontiers for Islamic Finance:
Innovation and the Regulatory Perimeter
21 - 22 May 2014, Mauritius
To be held for the first time in Africa, the 11th Annual Islamic Financial Services Board (IFSB) Summit
will be hosted in Mauritius by the Bank of Mauritius on 21 and 22 May 2014, at the Le Meridien Hotel,
Pointe aux Piments. The Summit will be preceded by pre-summit events on 19 and 20 May 2014.
Email: info@bom.mu
Registration is also available on the Bank of Mauritius website:
www.bom.mu/ifsbsummit/registration.asp
Don’t miss out on this UNIQUE Opportunity
To register your participation & for more information,
please call us now on: 202 3983
About the 11th IFSB Summit
Main Topics for Discussion
Register your participation today
H.E. Sultan Bin Nasser Al Suwaidi
Governor
Central Bank of the
United Arab Emirates
H.E. Dr. Muliaman Hadad
Chairman
Financial Services Authority, Indonesia
Some of the Key Speakers at the 11th IFSB Summit
Dr. Ibrahim Turhan
Chairman and Chief Executive Officer
Borsa Istanbul, Turkey
H.E. Dr. Zeti Akhtar Aziz
Governor
Bank Negara, Malaysia
Khaled Mohammed Al-Aboodi
Chief Executive Officer & General Manager
Islamic Corporation for the Development
of the Private Sector (ICD)
MQA Approved
Diamond & Gala Dinner Sponsor Gold Sponsors
Local sponsors
Technology Partner
Official Notepad Sponsor
Bronze Sponsors Corporate Branding Sponsors
