diff --git a/fineract-provider/build.gradle b/fineract-provider/build.gradle
index 32094b859..1c665af90 100644
--- a/fineract-provider/build.gradle
+++ b/fineract-provider/build.gradle
@@ -90,7 +90,7 @@ dependencyManagement {
         dependency 'commons-io:commons-io:2.7'
         dependency 'org.drizzle.jdbc:drizzle-jdbc:1.4'
         dependency 'com.github.librepdf:openpdf:1.3.17'
-        dependency 'org.mnode.ical4j:ical4j:3.0.18'
+        dependency 'org.mnode.ical4j:ical4j:3.0.19'
         dependency 'org.flywaydb:flyway-core:6.4.1'
         dependency 'org.quartz-scheduler:quartz:2.3.2'
         dependency 'com.amazonaws:aws-java-sdk-s3:1.11.800'