IFID 2018 to showcase the role of next generation innovators inIslamic Fintech development

Manama : –  The 2^nd Annual Islamic Finance Innovation Day (IFID) Forum is set to take place in the Kingdom of Bahrain on 26 November 2018, looking at the important role of “Next Generation Finnovators” in the drive for Fintech development and adoption in the Islamic banking and finance industry. The event is supported for the second year by Strategic Partner  Bahrain 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.

The event, taking place at the Wydham Grand, Bahrain Bay, will offer a fresh perspective into the Islamic Fintech debate by showcasing the voices of rising stars in the industry. 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 are pleased to be once again supporting IFID. 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. Over the past year, there have been significant strides made in FinTech innovation in Bahrain by both the private and public sectors, including the launch of the region’s larget FinTech Hub, and we are proud to back initiatives that encourage and foster the growth of the ecosystem” said Mr David Parker, Executive Director, Financial Services, EDB.

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, the foremost global provider of specialised Islamic financial media, and will take place at the Wyndham Grand, Bahrain Bay in the morning preceding IFID. Interested parties are encouraged to register for both events by visiting:

https://redmoneyevents.com/main/event.asp?IFN=ifnbahrain18 

Other organisations supporting the Forum are industry partners including the Responsible Finance and Investment Foundation (RFI), a global non-profit organisation focused on building awareness, promoting research and encouraging convergence in responsible finance, and Media Partners: IFN and IFN Fintech.

For more information, please contact FinMark Communications, the event’s organiser, at info@finmarkcoms.com  or +973 17749759.

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About The Bahrain Economic Development Board

The Bahrain Economic Development Board (EDB) is an investment promotion agency with overall responsibility for attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.

The EDB works with the government and both current and prospective investors to ensure that Bahrain’s investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.

The EDB focuses on several economic sectors that capitalise on Bahrain’s competitive advantages. These sectors include financial services, manufacturing, ICT, tourism, logistics and transport.

For more information on the Bahrain EDB visit www.bahrainedb.com

© Press Release 2018