Application of Basel

Standards on Islamic
Banking

What the last 20-years’

experiment tells us?

Dec 24, 2021 | Friday Speaker’s Profile

11:00 am-12:30 pm

Dr. Zahid ur Rehman Khokher

Member, AAOIFI Governance and Ethics Board
Former, Acting Secretary General, IFSB
Islamic Finance Regulator

Dr. Zahid is an accomplished Islamic finance expert of financial sector regulations & supervision, standards setting and advisory. He is currently
working for Central Bank of Oman where he advises on Islamic finance policy, regulatory and governance framework and handles interactions with
multilateral institutions. Dr. Zahid is a member of the ‘Governance and Ethics Board’ of “AAOIFI” and ‘Responsible Finance & Investment Foundation
(UK)’. He has also contributed as member of various working groups and committees of the global bodies, including Basel Committee’s Consulta-
tive Group (BCG), IMF, Islamic Financial Services Board (IFSB), International Association of Insurance Supervisors, AAOIFI, IAS etc.
Dr. Zahid started his career from State Bank of Pakistan. Later-on, he served IFSB in various roles including Acting Secretary General, Assistant
Secretary General-Technical and Research, where he led the rolling out of global regulatory reforms in Islamic banking, Takaful, Islamic capital
market and financial inclusion sectors. Overall, he supervised more than 15 IFSB standards and Technical Notes, 10 working papers and five annual
flagship Islamic Finance Stability Reports. He also steered the launching of global database project on Islamic finance indicators, called PSIFIs. He
has completed his PhD in Islamic banking and finance from International Islamic University Malaysia. Simultaneously, he is an MBA from Pakistan,
CIFP from INCEIF, Malaysia and PGD in Islamic banking and insurance from IIBI, London.

Contents
• Early efforts to apply Basel Standards on Islamic Banking Industry.
• Key features of Basel Committee’s reforms
• Challenges in the application of Basel Committee Standards on Islamic
Banks (some Case Studies)
• Basel Committee’s Liquidity metrics and Islamic Finance
• Forward Looking approach to Islamic Banking regulations on Capital,
Leverage and Liquidity.

https://us02web.zoom.us/webinar/regis-
ter/WN_Huqu3-uYTEukzIIshza_cQ