REDmoney Events
  • Home
  • Past Events
  • Past Seminars
  • How We Do It
  • Contact us
  • About Us
seminar logo

Developing Sustainability Frameworks for Financial Institutions

SIDC CPE-approved: 10 CPE Points

Date: 27th & 28th November 2023
Venue: Kuala Lumpur

Classroom Training

WHY THIS COURSE?

By the very nature of their businesses and operations, financial institutions are intrinsically exposed and linked to the consequences of important concepts such as climate change. How institutions choose the assets they finance, the tools and structures they use, how they operate and how they report on their activities is crucial to measuring and managing how sustainable a financial institution is deemed to be. To ensure this process takes place effectively, the development and implementation of a robust sustainability framework is a vital part of the management and governance of a modern financial institution.

This two-day intensive physical program will review key risks, including climate risk, and how they affect and influence a financial institution. The program will also examine how the effective identification of these risks can assist a financial institution in pinpointing where and how sustainability can be further incorporated into their businesses and activities, and what the operational response to climate stress and shocks should be. The course will examine key regulatory initiatives and their implications for developing sustainability frameworks. Sustainability disclosure and reporting requirements will be covered in detail, as will be the practical mitigation of greenwashing.

  • Key Learning Outcomes:
    • Dealing with unexpected climate-related risks, stress and shocks
    • Understanding sustainability principles and their impact on financial services
    • Assessing the response of the Islamic financial services sector to climate risk
    • Developing strategies for enhancing financial market resilience
    • Examining sustainability reporting and disclosure for Islamic financial institutions
    • Establishing benchmark sustainability disclosures for banking, capital markets and Takaful
    • Identifying and mitigating Greenwashing risks

Fee

Fee per participant: RM4,500/US$1,100

Discounts are available for group bookings. Please contact us for more details.

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

Send me Details

HRD-Corp-Claimable-Logo

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

seminar logo

Developing Sustainability Frameworks for Financial Institutions

SIDC CPE-approved: 10 CPE Points

Date: 27th & 28th November 2023
Venue: Kuala Lumpur

Classroom Training

Send me Details

WHY THIS COURSE?

By the very nature of their businesses and operations, financial institutions are intrinsically exposed and linked to the consequences of important concepts such as climate change. How institutions choose the assets they finance, the tools and structures they use, how they operate and how they report on their activities is crucial to measuring and managing how sustainable a financial institution is deemed to be. To ensure this process takes place effectively, the development and implementation of a robust sustainability framework is a vital part of the management and governance of a modern financial institution.

This two-day intensive physical program will review key risks, including climate risk, and how they affect and influence a financial institution. The program will also examine how the effective identification of these risks can assist a financial institution in pinpointing where and how sustainability can be further incorporated into their businesses and activities, and what the operational response to climate stress and shocks should be. The course will examine key regulatory initiatives and their implications for developing sustainability frameworks. Sustainability disclosure and reporting requirements will be covered in detail, as will be the practical mitigation of greenwashing.

  • Key Learning Outcomes:
    • Dealing with unexpected climate-related risks, stress and shocks
    • Understanding sustainability principles and their impact on financial services
    • Assessing the response of the Islamic financial services sector to climate risk
    • Developing strategies for enhancing financial market resilience
    • Examining sustainability reporting and disclosure for Islamic financial institutions
    • Establishing benchmark sustainability disclosures for banking, capital markets and Takaful
    • Identifying and mitigating Greenwashing risks

Fee

Fee per participant: RM4,500/US$1,100

Discounts are available for group bookings. Please contact us for more details.

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

HRD-Corp-Claimable-Logo

AGENDA

  • Day One
  • Day Two

Day One

Session 1: Assessing the Sustainability Timeline and Responses
  • Dealing with disruption and shocks – a stress assessment
  • Emerging risks for sustainable finance – climate change
  • A global snapshot of sustainability principles and their impact on financial services
  • Integration of sustainability principles in the financial sector – a summary of approaches
  • The Malaysian case: Bank Negara Malaysia Financial Sector Blueprint (2022-2026), Securities Commission Sustainable, Responsible Investment guidelines
Session 2: Islamic Finance and the Global Sustainability Agenda
  • Sustainability challenges for Islamic finance post-crisis
  • The Islamic finance approach: responsible financing standards in Islamic jurisdictions
  • A reminder of the key tenets of value-based intermediation (VBI)
  • Sustainability strategies for enhancing Islamic financial market resilience:
    • Assessing Islamic finance sector strategies internationally: Turkey vs Malaysia
    • VBI/T – converging the objectives of Islamic law with financial sector responsibility
    • VBI/T Assessment Framework (VBIAF) and social impact scorecard development
    • VBI/T sectoral guide and the incentive-driven approach
    • Corporate value intent – ethical financing as a strategic statement

Day Two

Session 3: Reporting and Disclosure of Sustainability for Islamic finance
  • Sustainability reporting and disclosure for Islamic financial institutions
    • What are the expectations? Reviewing the GRI standards, IFRS and TCFD guidelines
    • Case studies: Assessing first mover Sustainability and Social Impact reporting of Islamic banks
  • Considering KPI-driven sustainability targets for Islamic finance
  • Mini cases of benchmark sustainability disclosures in banking, capital markets and Takaful practice
Session 4: Sustainability Arbitrage and Greenwashing Risk – Recalibrating the moral compass
  • Understanding sustainability arbitrage and defining the responsibility parameters
  • Contrasting the value-based intermediation (VBI), VBIT (VBI for Takaful) with ESG and sustainability principles – ensuring ethical reporting practices
  • Greenwashing risks and the discerning stakeholder
  • Case studies of recent greenwashing incidents in the financial sector, the repercussions and risks
  • Strategizing for the short to medium term: sustainability, social impact and Shariah best practice

EXPERT COURSE DIRECTOR


Dr Ziyaad Mahomed
Associate Professor Centre of Excellence in Islamic Social Finance at INCEIF

Dr Ziyaad Mahomed is an Islamic finance scholar from South Africa, providing Islamic finance and Shariah advisory since 1998. He served as Associate Dean and Director of E-Learning & Executive Education at INCEIF for 3 years. He is currently Assistant Professor, Lead Researcher (Shariah) at the Centre of Excellence in Islamic Social Finance at INCEIF, and Head of Online Programs. He specializes in Shariah (Islamic jurisprudence), Islamic Social and Sustainable Finance, Fintech and Islamic Capital Markets. Dr Ziyaad has provided training and advisory on almost all aspects of Islamic finance in more than 20 countries, to more than 12,000 Finance Professionals and Islamic Scholars, and was awarded a lifetime achievement honor in recognition of his contribution to Islamic finance in Africa. He also serves as advisor/consultant on fintech, Islamic social finance and Sukuk to government organisations in the United Kingdom, Kazakhstan, the Philippines, and Nigeria amongst others. Dr Ziyaad serves as Chairman of the Shariah committees of HSBC Amanah (Malaysia), Taj Bank (Nigeria), Ayady Takaful (Maldives), iConsult Africa (South Africa), FBN Quest Asset Managers (Nigeria) and Iman Ltd (Uzbekistan) among others. He also serves as Shariah Board Member of the Bank of Maldives Islamic and other Islamic financial service institutions internationally. He has served as the External Shariah Auditor for some of the largest Islamic financial institutions in the Middle East, Africa, and South-East Asia since 2006.

Who Will Benefit?

  • Senior management and board members of financial institutions
  • Heads of Islamic banking
  • Financial managers
  • Risk officers
  • Sustainability officers
  • Strategy officers
  • Investment and corporate bankers
  • Audit and compliance professionals
  • Financial regulators and supervisors

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

About Us

REDmoney Events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level.

+603 2162 7800
[email protected]

Our Publications

  • Islamic Finance news
  • IFN Halal Finance
  • islamic Sustainable Finance & Investment
  • IFN Fintech

Recent Tweets

Islamic Finance News @ifn_news ·
21h

The Central Bank of The UAE (CBUAE) hosted a series of meetings that culminated in the launch of a new Islamic sustainable finance roadmap ahead of the 28th Conference of the Parties, widely known as COP28, that began today in the UAE.

https://www.islamicfinancenews.com/daily-cover-story-islamic-financial-institutions-collaborate-on-launch-of-islamic-sustainable-finance-roadmap.html

#REDmoney #IFN

Islamic Finance News @ifn_news ·
29 Nov

The State Bank of Pakistan (SBP) has identified a new underlying asset to be used for the fresh issuance and re-opening of the country’s sovereign Sukuk Ijarah.

https://www.islamicfinancenews.com/daily-cover-story-state-bank-of-pakistan-identifies-sports-complex-as-new-underlying-asset-for-government-sukuk.html

#REDmoney #IFN #IslamicFinance #Finance #Sukuk #SBP #GoP #Pakistan

Islamic Finance News @ifn_news ·
28 Nov

The Palestine Monetary Authority (PMA) has released new directives for banks to tackle liquidity challenges amid the ongoing conflict, addressing financial strains faced by individuals and businesses due to the war's impact on income and cash flows.

Islamic Finance News @ifn_news ·
27 Nov

Join the discussion on addressing sustainability and product authenticity through digitalization on the 12th December.

https://redmoneyevents.com/event/world-islamic-finance-dialogues-2023/

#WorldIslamicFinanceDialogues #REDmoney #IFN #IslamicFinance #Finance #Bahrain

Instagram Photos

The Central Bank of The UAE (CBUAE) hosted a serie The Central Bank of The UAE (CBUAE) hosted a series of meetings that culminated in the launch of a new Islamic sustainable finance roadmap ahead of the 28th Conference of the Parties, widely known as COP28, that began today in the UAE.

Announced during a roundtable attended by key industry players and personalities, the roadmap sets out comprehensive steps to advance sustainability in Islamic finance.

https://www.islamicfinancenews.com/daily-cover-story-islamic-financial-institutions-collaborate-on-launch-of-islamic-sustainable-finance-roadmap.html

#REDmoney #IFN #IslamicFinance #Finance #Sustainable #COP28 #CBUAE #UAE
The State Bank of Pakistan (SBP) has identified a The State Bank of Pakistan (SBP) has identified a new underlying asset to be used for the fresh issuance and re-opening of the country’s sovereign Sukuk Ijarah.

“This structure is to facilitate the issuance of Government of Pakistan (GoP) domestic Ijarah Sukuk Program on the identified asset of Pakistan Sports Board as the Underlying Asset,” the central bank said in a circular it recently issued.

https://www.islamicfinancenews.com/daily-cover-story-state-bank-of-pakistan-identifies-sports-complex-as-new-underlying-asset-for-government-sukuk.html

#REDmoney #IFN #IslamicFinance #Finance #Sukuk #SBP #GoP #Pakistan
The Palestine Monetary Authority (PMA) has issued The Palestine Monetary Authority (PMA) has issued new instructions to banks to address and mitigate the effects of liquidity scarcity within the national economy, the cessation of income of individuals and corporate borrowers and the decline in their cash flows due to the ongoing war in the territory.

The new instructions include granting salary advances and disbursing financing facilities for employees in both public and private sectors, to help them cover their obligations and also contribute to maintaining the economy, Dr Firas Melhem, the governor of the PMA, said.

https://www.islamicfinancenews.com/daily-cover-story-regulator-issues-instructions-to-mitigate-effects-of-liquidity-scarcity-in-palestine.html

#REDmoney #IFN #IslamicFinance #Finance #Banks #Palestine
Join the discussion on addressing sustainability a Join the discussion on addressing sustainability and product authenticity through digitalization on the 12th December.

https://redmoneyevents.com/event/world-islamic-finance-dialogues-2023/

#WorldIslamicFinanceDialogues #REDmoney #IFN #IslamicFinance #Finance #Bahrain
Private equity's role in Saudi Arabia's growth wil Private equity's role in Saudi Arabia's growth will be discussed at IFN KSA Dialogues. Don't miss out!

https://redmoneyevents.com/event/ifn-ksa-dialogues-2023/

#IFNKSADialogues #REDmoney #IFN #IslamicFinance #Finance #Riyadh
Mohammad-Reza Farzin, the governor of the Central Mohammad-Reza Farzin, the governor of the Central Bank of Iran (CBI), said during the launch ceremony of Qard Hasan facilities without fees that the development and expansion of Qard Hasan banking as well as providing microfinancing at the lowest cost are part of the apex bank’s goals.

https://www.islamicfinancenews.com/daily-cover-story-central-bank-set-to-develop-and-promote-qard-hasan-banking-and-microfinancing-in-iran.html

#REDmoney #IFN #IslamicFinance #Finance #Banks #Microfinancing #CBI #Iran
  • Home
  • Past Events
  • Past Seminars
  • How We Do It
  • Contact us
  • About Us