Muscat: Ability – Structure workshop, conducted at the Central Bank of Oman (CBO) started on Monday as well as is anticipated to continue till Tuesday, the 14th of February. The workshop, arranged by Islamic Financial Services Board (ISFB) focuses majorly on 3 locations:
1. Standards for the monitoring of liquidity threat for Islamic banks
2. Measurable measures for managing liquidity threat
3. The revised capital adequacy standard for Islamic financial institutions
The workshop is carried out as a component of the 59th meeting of IFSB Technical Board, to be held in Muscat on 15th and also 16th March, 2023. The primary individuals of the workshop are CBO employees and various other banking field specialists.
IFSB is an international company based in Kuala Lumpur, Malaysia. Their significant goal is the development of the Islamic economic solutions sector. IFSB additionally works integrally with the Basel Committee on Banking Guidance.
To make certain prudent as well as clear economic solutions, IFSB establishes brand-new worldwide standards or lines up the existing ones according to Sharia concepts.
CBO joined IFSB in 2012 and is presently a rep in the Exec Board and the Technical Committee.
Last Updated: 14 March 2023
