IIFM Consultative Meeting on Islamic Credit Support Arrangement (CSA)

Thursday, 15 October 2015
IIFM Consultative Meeting on Islamic Credit Support Arrangement (CSA)
10:00 AM – 01:00 PM on Thursday, 15th October 2015 at Capital Club, Skyline Lounge, 51st Floor, Bahrain Financial Harbour (East Tower), Manama
PROGRAM
09:30AM – 10:00AM

Registration

10:00 AM

START OF CONSULTATION

Discussion on the consultative paper & identification/deliberation on critical issues such as:

1) Regulatory Reforms

  • Particularly impending mandatory collateral requirements for un-cleared transactions
  • Law reforms implementation timeline

2) Type & Use of Collateral

  • Cash (including Current Deposits)
  • Profit payment possibility on Collateral
  • Sukuk as Collateral

3) Collateral document development (particularly according to type of collateral) & whether IIFM Collateralized Murabahah Standard Document will be useful

4) Is Title Transfer of collateral possible or not

5) Is Re-use of collateral possible or not

6) Use of one way collateral versus bilateral collateral

7) Other issues

01:00 PM
End of Consultation
01:00PM – 02:00PM
Prayer & Lunch