ROLE OF DIGITAL TRANSFORMATION IN “RESTYLING” THE ISLAMIC FINANCE INDUSTRY

Event Type        Organization

The Islamic Development Bank Group (IsDB Group) is organizing its 44th Annual Board of Governors Meeting in Marrakech – Morocco, which will take place during the period of 3-6 April 2019. In conjunction with this high level event, the IsDB Group private sector entities will be organizing the IsDBG Private Sector Forum on April 4th, 2019. The Forum will take place at the Four Seasons Hotel, Marrakesh – Morocco from 09:00am to 06:00pm.

The main objective of the Forum is to highlight IsDB Group activities, services and initiatives in member countries. Moreover, the Forum shall provide a unique platform to network and establish business relations and partnerships with other leading representatives and counterparts from business community in order to share their related experience, success stories & best practices and to explore together the many investment possibilities that the country offers. Furthermore, it will connect business communities in member countries by arranging parallel B2B scheduled meetings.

ICD is organising during the Forum, a high-level discussion pannel around the role of digital Transformation in "restyling" the islamic finance.

Content: The Digital Transformation and Fintech is considered as a blue ocean for Islamic Finance Industry. That is because there is tremendous amount of opportunities available for Islamic finance institutions to embark on in order to achieve multiple strategic objectives such as financial inclusion, customer-oriented financial services, operation excellence and competitive advantage. Crowdfunding, peer-to-peer model and payment platforms, smart contracts and blockchains, cryptocurrencies, cybersecurity, InsureTech etc. are among a few emerging channels of digital transformation that could be utilized in the Islamic finance industry.

No doubt that, stepping into these digital channels could help the Islamic finance industry to grow faster and more solid. ICD is keen to introduce FinTech products and become number one platform-facilitator selling investment funds within its 54 member countries, depending on each particular regulatory framework.

Objective: The objective of the two panel sessions is to discuss the new opportunities offered by the digital transformation applicable to the finance industry broadly, and Islamic finance in particular. The sessions will aim to address three major questions:

  • HOW CAN WE UTILIZE FINTECH AND DIGITAL TRANSFORMATION TO RESTYLE THE ISLAMIC FINANCE INDUSTRY?
  • IN WHICH AREAS MUST WE FOCUS THE MOST?
  • WHAT ARE THE MAJOR REQUIREMENTS AND PREREQUISITES? 

                                                                                                                                                                                    

_______________________________________________________________________________________________________________

PANEL 1

TITLE: Adopting Fintech to achieve Financial Inclusion in Islamic Finance

SPEAKERS:

  • Ayman Sejiny, CEO of Islamic Corporation for the Development of the Private Sector (ICD) : Ayman is the new CEO of the Islamic Corporation for the Development of the Private Sector. Ayman is a highly accomplished financial industry leader, has a vast experience in innovating financial processes and products, expert in Fintech and has proven track record in several regional and international financial institutions.
  • Charlene Chen, Cofounder and COO of Bitpesa : Charlene is Chief Operating Officer of BitPesa. Charlen has several years of private sector and social sector experience working with a variety of organizations ranging from internet startups to Fortune 500 companies to international non-profits. She has spent the last 5 years living and working in East Africa, with a focus on social entrepreneurship, ICT for Development and financial services for the unbanked. 
  • Rafi-uddin Shikoh, Managing Director at DinarStandard: Rafi-uddin is passionate about empowering organizations to become global brands with socially responsible impact. He is the Founder and CEO of DinarStandard™--a specialized market research and advisory firm. Rafi-uddin has led thought leadership and strategies on innovation, marketing and empowering Islamic economies for global impact.
  • ...Loading the information of the 4th Outstanding speaker... Please wait...

MODERATOR:

  • Ahmed Tahiri JOUTI, Management Board Member at Al Maali Group: Ahmed is an accomplished Islamic finance professional, writer and speaker. He is the Chief Operating Officer of Al Maali Group, member of the management board, visiting Professor in universities in Morocco and an Exclusive correspondent in Morocco for Islamic Finance News.

_______________________________________________________________________________________________________________

PANEL 2

TITLE: Blockchain technology and Crowdfunding Platforms in Islamic Finance Industry

SPEAKERS:

  • Abdullah Han, Cofounder of HLC: Abdullah is is passionate about empowering businesses to become global brands with socially responsible impact. He is Co-Founder of HalalChain(www.hlc.com), a public blockchain company based on Direct Acyclic Graph, which is friendly to small payment and quick transaction. In addition, HalalChain develops consortium chain to address the concerns in Halal economy and Islamic Finance, which aspires to reshape the ecosystem of global Islamic economy.
  • Hubert de Vauplane, Partner at Kramer Levin Naftalis & Frankel LLP: Hubert heads the Alternative Finance team at Kramer Levin LLP Paris (an American law firm) and he’s chairs the Africa Desk and Islamic finance team. He has a long experience as a banker to various international banks. He is or was appointed as an expert at the French Financial Market Supervisory Authority (AMF), as well as European Commission and European Central Bank, for FINTECH and Blockchain. 
  • Marilyn heib, Cofounder and CEO of Bettervest: Marilyn is the co-founder and CEO of bettervest a provider of a crowdfunding platform for energy-efficiency projects. The company allows citizens to finance energy efficiency projects and participate in the energy savings. Marilyn is interested in making the world a better place, by helping people help themselves, and saving the Climate.
  • ...Loading the information of the 4th Outstanding speaker... Please wait...

MODERATOR:

  • Kenza Bennis, Communication strategist: Kenza is a creative entrepreneur, blogger and an outstanding communication expert. Kenza created a MOOC for a top-tier business school, using the power of e-learning and vocational training to help individuals prosper from their expertise. Kenza also started, eeducation.africa in 2019,  an association that provides talents with advancing online education enabling individuals to respond to local markets' needs and work their way out of poverty. 

                                                                                                                                                                 

Places are limited, to attend this high level event we encourage you to  

For more information about the 44th Annual Meeting of IsDB Group please

where

Morocco, Four Seasons, Marrakech

when

04/04/2019 12:00 PM

media