The Islamic Development Bank Institute (IsDBI) successfully conducted a five-day intensive capacity-building workshop titled ‘Revised Capital Adequacy Standard for Islamic Bank’ for the Central Bank of Iraq (CBI), held from February 8 to 12, 2026, in Baghdad.
The program was conducted in collaboration with the Islamic Financial Services Board (IFSB), reflecting a shared commitment to strengthening regulatory practices and enhancing the resilience of the Iraqi banking sector.
The workshop was designed to enhance participants’ technical expertise and practical understanding of new regulations issued by CBI for the capital accord for Islamic banks in Iraq.
The workshop was attended by 45 participants representing 23 Iraqi banks, ensuring broad sectoral representation and fostering valuable exchange of knowledge, experiences, and best practices among industry professionals.
The programme aimed to strengthen the technical knowledge and practical capabilities of banking professionals to align with international regulatory requirements and enhance the resilience of the financial sector.
The workshop provided an in-depth overview of the capital adequacy framework, focusing on its role in promoting financial stability, improving risk management practices, and ensuring that banks maintain sufficient capital buffers to withstand potential shocks.
Throughout the week, participants engaged in interactive sessions, practical exercises, and case studies designed to bridge theory with real-world application.
Key topics included ‘Measurement and management of credit, market, and operational risks’, ‘Calculation methodologies under capital adequacy frameworks’, ‘Supervisory expectations and regulatory compliance’ and ‘Practical implementation challenges and solutions within the banking environment’.
The programme underlined hands-on learning, allowing participants to analyse case studies and discuss various risk scenarios to better understand how capital adequacy principles can be effectively applied in day-to-day banking operations.
The workshop delivered by Dr Abozer Mohamed, senior Islamic finance specialist, IsDBI and Br. Mohamed Omer Elamin, member of the secretariat, IFSB.
By the conclusion of the workshop, attendees had gained enhanced technical expertise and actionable insights to support the ongoing implementation of the standard, as CBI is targeting September 2026 for the final implementation.
The initiative represents an important step toward reinforcing the soundness, stability, and sustainability of the Iraqi banking sector.
