Page 1 - Newsletter-July2017

Newsletter www.icap.org.pk Volume 40 Issue 7 | July 2017 Governance, Transparency and Service to Members and Students contents meets & events meets & events ICAP & SBP Host AAOIFI Public Hearing on MoU Recognition by CPA Canada 2 Exposure Draft – Central Shariah Board 'Meet the ICAP Office Bearers' at Jeddah 3 and Khobar and Murabaha & Deferred Payment Sales ICAP and Knowledge Now Sign MoU to 4 Launch Webinar Repository for Members 5 Post-Budget Seminars CPD Seminar Faisalabad Excel Workshop 8 CPD Seminar on Financial Corruption and Real Estate Business Meetings with Corporate Sector ICAP Conducts 29th Directors’ Training 9 Program in Islamabad 10 Trainees’ Induction Fair Glimpses of ICAP Staff Eid Lunch 12 CA Toastmasters Club 13 he Institute of Chartered Accountants of Pakistan (ICAP) in member news T collaboration with the State Bank of Pakistan (SBP) hosted a Public Top CPD Earners 16 Hearing on behalf of Accounting & Auditing Organisation for Islamic New Fellow/Associate Members Financial Institutions (AAOIFI) on the Exposure Drafts Governance Remembering Council Member Usman 17 Standard: Central Shariah Board and Accounting Standard: Murabaha and Ghani Akbani Deferred Payment Sales at ICAP. An Ode to a Father 18 The sessions were attended by Shariah scholars, personnel from the technical update 19 banking and finance profession and members of ICAP. Omar Mustafa Ansari, deputy secretary general of AAOIFI presented the salient features hr news of the draft standards followed by full reading of drafts with interactive Managing People as Carefully as Managing discussions. Ansari informed that with the growth and expansion of Money 20 Islamic banking and finance, a central or national approach has emerged Welcome on Board across the globe with respect to Shariah Boards that function at the level of the wider Islamic finance industry, advising or supervising products, Job Vacancy for Quality Assurance Manager practices, operations, etc. student section 21 This governance standard seeks to provide guidance to the regulators to Career Counselling Sessions help define the key terms of reference and principles for such boards and ICAP Participates in The News Education 22 to standardise the global regulatory practices in this respect. Expo 2017 ICAP Hyderabad on Mehran TV 23 The session on the Governance Standard was chaired by Dr. Ishrat Hussain, Examination News 24 chairman AAOIFI Governance Board and the session on the Accounting Chartered Accountants Avenue, Clifton, Karachi-75600 (Pakistan) UAN: 111-000-422 PABX: 99251636-39 Fax: 99251626 Email: [email protected]