Interview with Jimmy Wales
Co-founder of Wikipedia
Meet and connect with the most successful global players, innovators, disruptors and thought leaders in Islamic finance
Gain key updates, share best practices and learn the latest innovations in Islamic banking and finance
An expected attendance of over 1,000 delegates from more than 30 countries
Islamic finance is undoubtedly one of the fastest growing financial industries, even though it is still a small share of the global finance. Its total assets have exceeded $2 trillion and it is expected to reach $3.8 trillion by 2023.
As sharia-compliant finance grows and institutions embrace digitalisation and disruptive technologies, it is believed that the opportunities offered by Islamic fintechs will prove tempting to the sector. However, as fintechs are making waves in the global financial system, it is crucial that all industry players adapt the regulatory, supervisory, and consumer protection frameworks to address the unique risks in Islamic finance.
The Islamic Finance Conference, part of The Future of Finance Summit, has been designed to empower Islamic banks, regulators, venture capitalists, accelerators, startup entrepreneurs and sharia scholars under one roof to unlock the full potential of Islamic finance in the digital age, to drive its own evolution in the years to come, and to secure its role in the fast-evolving financial services ecosystem.
The programme is designed for decision makers and senior professionals from the following organisations and expertise:
Thursday, 18 June 2019
As a niche yet flourishing industry, Islamic finance is consistently expanding its outreach within the global landscape. Its much faster growth than the conventional finance has attracted significant attention from the public. However, it faces the same challenge as the rest of the world – the era of digital and revolution 4.0. All practitioners and regulators should leave no stone unturned to be ready for the evolving financial landscape.
Role of digitalisation in restyling Islamic finance
Standardisation of contracts
Issues facing product development in Islamic finance
Responsible ethical finance: An Islamic perspective
Value-based intermediation to take Islamic finance to the next level of growth
The adoption of innovative technologies is a prominent emerging trend that is fast changing the ecosystem of financial service industry. However, alongside the potential opportunities and benefits, the potential new risks, especially those unique challenges for Islamic financial service industry requires one to being cognisant as early as possible.
Best practises of digital Islamic bank transformation
The leverage of artificial intelligence (AI), machine learning and data analytics in Islamic finance
Can blockchain, smart contracts and stable coin power Islamic finance?
The fintech innovation: Boon or bane for regulation, supervision and risk control
The impact of digitalisation on customer journey
Islamic banking has the potential to foster greater financial intermediation and inclusion, especially among Muslim populations that may be underserved by conventional banks, and to facilitate lending in support for small and medium-sized enterprises (SMEs). The consistent investment on fintech unlocks new avenues for growth and greater financial inclusion.
Boosting SME financing through Sharia-compliant peer to peer and crowdfunding platforms
Reaching the unbanked and underbanked
Sandbox guidelines for innovations
Takaful (Islamic insurance) is an important emerging sector in the Islamic financial industry and it has exhibited remarkable growth across the globe. It harbours massive potential in shaping the course of the entire Islamic finance ecosystem. In this session, we will hear from some of the sector’s top players about innovative Takaful business models and products and its impact to customers as well as the Islamic financial industry.
Takaful models: Their evolution and future direction
Searching for the Takaful-tech pioneer
How much can we expect from the frontiers of 5G, AI, machine learning, blockchain and crypto?
We take stock of all the major blockchain initiatives underway around the world.
Data, AI and machine learning.
Blockchain, crypto and digital assets
Current status of the pilot initiatives and what they have been learning about the promise and limitations of blockchain technology
What are some of the breakthroughs that need to happen?
How do these affect business decisions?