The 2nd Annual Islamic Finance Innovation Day (IFID) forum is set to take place in Bahrain on Nov. 26. The event will look 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 center.
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.
“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,” said David Parker, executive director, financial services, EDB.
He added: “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 largest fintech hub, and we are proud to back initiatives that encourage and foster the growth of the ecosystem.”