18 June 2020, Shangri-La, Kuala Lumpur, Malaysia

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.

Interview with Jimmy Wales
Co-founder of Wikipedia

Key issues to be covered:

Global Islamic finance market - Growth, trends, and forecast
Standardisation of contracts
Issues facing product development in Islamic finance
Responsible ethical finance: An Islamic perspective
Emerging global technologies in Islamic finance: Opportunities and challenges
The fintech innovation: Boon or bane for regulation, supervision and risk control
Islamic finance powered by innovation: A new approach to SME finance and financial inclusion
Unlocking the potential of Takaful industry

Who will attend?

The programme is designed for decision makers and senior professionals from the following organisations and expertise:

  • Senior executives and decision makers from Islamic banking and Islamic finance, including: consumer finance, Islamic banking technology, risk, retail banking, sharia advisory and compliance, transaction banking, Islamic products, insurance (Takaful)
  • Heads of tactical divisions such as profitability systems, customer service improvement, product innovation and other initiatives within banks that take a holistic view of technology
  • Alternative financial services providers, fintechs, venture capitals, investors and startups
  • Professional service providers, including technology companies and consultancies
  • Private bankers, family offices and other independent institutions serving high-net-worth individuals
  • Foundations, philanthropic organisations and charities
  • Sharia scholars, academicians, economists and lawyers

The Islamic Finance Conference

Thursday, 18 June 2019

  • TIME
08:30 – 09:00

Registration and morning networking

09:00 – 10:30

Global Islamic finance market - Growth, trends, and forecast

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

10:30 – 11:30

Tea/Coffee break

11:00 – 12:30

Emerging global technologies and innovations in Islamic finance: Opportunities and challenges

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

12:30 – 14:00

Networking luncheon

14:00 – 14:45

Islamic finance powered by innovation: a new approach to SME finance and financial inclusion

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

14:45 – 15:30

Unlocking the potential of Takaful industry

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

15:30 – 16:00

Tea/Coffee break

16:00 – 17:00

The Future of Finance Summit – Closing Leadership Dialogue

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?


End of summit

* Please note that this is a working agenda and topics and speakers are subject to change.

For more details please contact

Daisy Wang Programme Manager dwang@theasianbanker.com Tel: (+86) 10 5869 4641