Yang Mulia Haji Mohd Roselan bin Haji Mohd Daud, Permanent Secretary (Monetary) of the Ministry of Finance was the Guest of Honour at the Official Opening of the SEACEN-IRTI/IDB Workshop on Building A Sustainable Islamic Banking System – Liquidity Management, at the Centrepoint Hotel, Gadong on 1st November 2010. The opening ceremony was also attended by Mr. A.G. Karunasena, Executive Director of the SEACEN Centre, YM Tuan Haji Mohd Rosli Haji Sabtu, Deputy Permanent Secretary (Monetary), Ministry of Finance, Senior Official from The Islamic Research and Training Institute (IRTI) and Heads of Departments and Divisions of the Ministry of Finance.

         A total of 34 participants from SEACEN member countries including Brunei Darussalam and non member countries are also attending the five days workshop which is facilitated by 8 resource speakers of diverse backgrounds and with vast knowledge in their respective subject areas.

         The speakers are from various central banks around the regional area, Islamic scholars as well as from IRTI. The target group of participants comprises of middle-to senior-level Ministry of Finance officers and central bank officers with three to five years working experience in supervising Islamic banks, developing prudential regulation, managing treasury operations and formulating policy in central banks/monetary authorities. 

         Of the 34 participants, 9 are from Brunei Darussalam’s Ministry of Finance, while the remaining 25 represents Ministry of Finance, Afghanistan, Ministry of Finance, Albania, The National Bank of Cambodia, Bank Indonesia, Bank Negara Malaysia, Bank of Korea, Bangladesh Bank, Bangko Sentral Ng Pilipinas, Central Bank of Iran, Central Bank of Sri Lanka, Ministry of Finance, Maldives, State Bank of Pakistan and Banking Regulation and Supervision Agency, Turkey.

         The key learning objective of this workshop is to enable the participants to identify and evaluate critical regulatory and supervisory components to develop a sustainable Islamic banking system in accordance to Shariah principles. In achieving this, the participants will 1) Learn to discuss the legal and regulatory framework for Islamic banking; 2) Discover the linkages between Islamic banking systems with Islamic capital and money markets for liquidity management; 3) Examine the sukuk structuring and approval processes; and 4) Describe the issues and challenges in Islamic Liquidity Management in compliance with Shariah principles.