Role of innovators in Islamic fintech set to be highlighted

MANAMA: The role of “Next Generation Finnovators” in the Islamic banking and finance industry will come under the spotlight at a key event hosted by Bahrain later this month.

The second edition of the annual Islamic Finance Innovation Day (IFID) Forum is set to take place on November 26, at the Wyndham Grand, Bahrain Bay.

The event is supported by the Economic Development Board (EDB), which has played a central role in establishing Bahrain as a fast-growing regional fintech hub in addition to a leading Islamic finance centre.

It will feature a series of discussions that explore the views of young Islamic finance professionals on the pace and impact of Fintech innovation on the industry today, existing obstacles and new methods and approaches for growth and development.

Topics to be covered in three interactive panel sessions include: Accelerating Fintech Adoption, Educating, Empowering and Leveraging the Power of Young Professionals and Islamic Fintech Innovation Labs: Views from the Inside.

“We’re particularly excited this year to be giving young professionals in Islamic fintech a platform to voice their views and discuss the development and sustainable growth of the industry,” said EDB executive director for financial services David Parker.

“Over the past year, there have been significant strides in fintech innovation in Bahrain by both the private and public sectors, including the launch of the region’s largest fintech hub, and we are proud to back initiatives that encourage and foster the growth of the ecosystem.”

Panellists and speakers, which will soon be announced, include talented young professionals that are already making their mark on the industry or undertaking training that will enable them to help lead the next wave of Islamic Fintech innovation.

It will also engage senior strategy and HR specialists from leading Islamic financial institutions, education and training providers and other related Fintech experts.

IFID is being held in cooperation with the Global Islamic Fintech Huddle, an event focusing on connecting all stakeholders across the Islamic fintech ecosystem.

The event is being organised by REDmoney Group, a provider of specialised Islamic financial media, and will also be held at the Wyndham Grand, Bahrain Bay on the same day as IFID.

Source: http://www.gdnonline.com/Details/429510/

 

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