Latest news with #IslamicFinTech
Yahoo
18-04-2025
- Business
- Yahoo
Global Islamic Fintech Forum Kicks off in Dubai
AlHuda CIBE Convenes Leaders to Discuss Innovation and Technological Advancements DUBAI, United Arab Emirates, April 18, 2025 (GLOBE NEWSWIRE) -- AlHuda Centre of Islamic Banking and Economics (CIBE) successfully concluded the 2nd Global Islamic FinTech Forum 2025 on April 15, 2025, at the Dusit Thani Hotel in Dubai, United Arab Emirates. This pivotal event convened a diverse and influential gathering of industry leaders, policymakers, Shariah scholars, and technology innovators from 30 countries across different continents, all united to explore the transformative potential of Islamic FinTech and its evolving landscape. The forum delivered a dynamic program featuring keynote addresses, engaging panel discussions, and specialized technical sessions, providing a platform for in-depth analysis of the latest trends, opportunities, and challenges within the Islamic FinTech sector. This prestigious event was sponsored by Smart System Marine Equipment Repairing LLC, Wave, Royal Bullion Capital Trading LLC, Infoland – Custom Software Development & Digital Solutions, and DALO Enterprises. The event commenced with an insightful Welcome Address by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE FZ LLE, UAE, which set the tone for the forum's focus on innovation and the future of Islamic finance. The opening ceremony was further enriched by the presence of esteemed Guests of Honor, including H.E. Haisham Mohamed, Minister Counsellor, Embassy of the Republic of Maldives, UAE, H.E. Nameer Khan, Chairman, MENA Fintech Association, UAE, H.E. Tariq Rashid Mohamed AlGhazal Alsuwaidi, Department of Economic Studies, Ministry of Economy, UAE and H.E. Zayyan Ibrahim, Consul General of the Federal Republic of Nigeria, UAE. These dignitaries highlighted the critical role of Islamic FinTech in driving economic growth and fostering greater financial inclusion worldwide. Throughout the forum, discussions explored a wide spectrum of key themes shaping the trajectory of Islamic FinTech. These included the evolving landscape of Islamic FinTech in cash-focused markets, the application of GenAI in the insurance sector, the strategic importance of technology partners in accelerating growth, Shariah-compliant WealthTech, and sustainable energy solutions within the Islamic FinTech ecosystem. The forum also examined the intersection of Islamic banking and FinTech in the UAE, the revolutionary impact of Blockchain technology on asset management, and the crucial role of Islamic FinTech in promoting financial inclusion. Emerging technologies such as Robo-advisors, Metaverse applications (AR/VR), Neo and Digital Banking platforms, Central Bank Digital Currencies (CBDCs), and Blockchain solutions were also prominent topics of discussion, highlighting their increasing integration within Islamic FinTech. Notably, the forum addressed the anticipated emergence of Metaverse (Islamic) banks within the next five years, signaling a significant shift towards immersive digital financial experiences. A central focus of the forum was the remarkable growth of the Islamic FinTech sector, which is expanding at a faster rate than any other component of the Islamic finance industry. The global Islamic FinTech market is currently comprised of 512 companies and is projected to exceed 1000+ by 2027, demonstrating the sector's increasing prominence and its potential to provide ethical and inclusive financial solutions. Mr. Zubair Mughal, CEO of AlHuda CIBE, emphasized the transformative power of Islamic FinTech, stating, 'The Islamic FinTech industry is poised to reshape the future of finance by offering sustainable and inclusive financial solutions. This industry enables ethical innovation across sectors such as alternative finance, Blockchain, crowdfunding, and digital banking, enhancing financial inclusion while adhering to Shariah principles'. Moreover, the forum was followed by one day post event workshop on 'Operational and Practical Aspects of Islamic FinTech' dated 16th April, 2025. The workshop covered industry emerging topics. For more details visit: Looking ahead, AlHuda CIBE announced its plans to launch a dedicated trading forum for Shariah-compliant Carbon Credits in 2025, further demonstrating its commitment to promoting sustainable and ethical financial practices. The forum also hosted the 2nd Global Islamic FinTech Awards Distribution Ceremony, recognizing outstanding contributions and innovations within the industry. Mr. Ali Zeb Khan, Trade & Investment Counsellor Consulate General of Pakistan, UAE, served as the Chief Guest for this prestigious event. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc., side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: For Media Contact: Ms. Shaguftta Perveeninfo@ in to access your portfolio
Zawya
17-04-2025
- Business
- Zawya
Global Islamic fintech leaders honored in Dubai
Dubai – UAE: The 2nd Global Islamic FinTech Forum (GIFT 2025), organized by AlHuda Centre of Islamic Banking and Economics (CIBE), concluded with overwhelming success in Dubai, UAE. The landmark event brought together a distinguished community of Islamic finance experts, policymakers, tech disruptors, and Shariah scholars from across the globe. In parallel with the forum, AlHuda CIBE hosted the Global Islamic FinTech Awards 2025, a powerful celebration of excellence, honoring organizations and individuals at the forefront of Shariah-compliant innovation. As the Islamic FinTech industry continues to flourish—currently valued at $100 billion and projected to reach $180 billion by 2026—this awards ceremony served as a global stage recognizing bold innovation, ethical financial inclusion, and groundbreaking digital solutions. The event amplified collaboration and dialogue in a synergistic atmosphere, where participants explored frontier developments in digital banking, Blockchain, Islamic insurance (Takaful), crowdfunding, and wealth management. AlHuda CIBE proudly presented 29 prestigious awards to organizations and professionals making game-changing contributions to the Islamic FinTech ecosystem. Among the honorees was Blade Labs, who received the Best Islamic FinTech Startup award for their pioneering Blockchain innovation. Primary FZCO was recognized with the Best Islamic Blockchain Solution award for bringing transparency and Shariah-aligned trust to digital finance. Sukoon Takaful P.J.S.C was honored as the Best Takaful Platform, redefining ethical risk protection. The digital banking landscape was dominated by ruya Bank, awarded Best Islamic Digital Bank, and Mashreq Al Islami, recognized as the Best Global Islamic Digital Bank—both setting new standards for faith-driven convenience. Watania Takaful Family PJSC received the Most Innovative Takaful Company award, while TAIF Digital Institute earned recognition as the Best Islamic FinTech Education Provider. ComTech Gold was celebrated for Best Islamic Financial Product Innovation, and Tontine Trust Europe won for Shariah-Compliant Investment Platforms. Further recognition went to The Soltesz Institute, awarded Best Payments & Banking Platform, and Infoland as Best Islamic FinTech Solutions Provider (Central Asia). Royal Bullion Capital Trading LLC claimed the Best Islamic Gold Online Bullion Traders award, while Dalo Enterprises earned Outstanding Leadership in Structured Financing Solutions. Sheikh Maktoum Neo Technologies was awarded Excellence in Sustainable Investments, and Smart System Marine received the Sustainable Innovative Energy Solution award for maritime sustainability. The awards also recognized individual excellence, with Sheik Muhammad Muneer Beeharry receiving the Best Legal Influencer in Islamic Finance, and Dr. Hatim El Tahir, Founder of SukukSpace, honored as the Best Islamic Finance Contributor. Mr. Nik Joharris Nik Ahmad, Country Head of Maybank Islamic, was named Emerging Islamic Banking Leader, while Jawad Mahmood took home Emerging Leader in Islamic FinTech, and Abdul Samad of AlHuda Financial was awarded Emerging Leader in Islamic FinTech Development. Fahad Mukhtar, Executive Director at AlHuda Financial, earned the Best Emerging Innovator in Islamic Finance, and Sardar Umar was named Emerging Islamic Entrepreneur. Ms. Mouza Mohammad Rashed Al Naqbi, Senior Branch Manager at Abu Dhabi Commercial Bank, was celebrated with the 20-Year Legacy Award for Excellence in UAE Banking, honoring two decades of Shariah-aligned financial leadership. Other key recognitions included the Best Real Estate Publication Award to Property Time, the Best Halal Industry Promoter to Halal Food Industries, the Contribution in Sustainable Energy award to Solarize Energy Solution, and Emerging Innovative FinTech Solutions to Finansu. Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, delivered a compelling message during the ceremony: 'These awards symbolize more than recognition—they are a declaration of a future where finance is anchored in ethics, inclusion, and faith. Islamic FinTech isn't merely adapting to disruption; it is leading the global financial transformation with a moral compass. Tonight, we honor those who prove that digital innovation and divine guidance are not parallel paths but one powerful journey.' The awards ceremony, held alongside the GIFT 2025 Forum, further solidified Dubai's role as a global hub for Islamic digital finance, setting the stage for deeper regional and international collaboration. With thought-provoking sessions, strategic networking, and pioneering showcases, the event reinforced the commitment of Islamic finance stakeholders to redefine the global financial landscape with purpose, precision, and principles. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: For Media Contact: Ms. Shaguftta Pervee Manager Communications info@
Zawya
15-04-2025
- Business
- Zawya
Global Islamic Fintech Forum kicks off in Dubai
Dubai – UAE: Al-Huda Centre of Islamic Banking and Economics (CIBE) successfully concluded the 2nd Global Islamic FinTech Forum 2025 on April 15, 2025, at the Dusit Thani Hotel in Dubai, United Arab Emirates. This pivotal event convened a diverse and influential gathering of industry leaders, policymakers, Shariah scholars, and technology innovators from 30 countries across different continents, all united to explore the transformative potential of Islamic FinTech and its evolving landscape. The forum delivered a dynamic program featuring keynote addresses, engaging panel discussions, and specialized technical sessions, providing a platform for in-depth analysis of the latest trends, opportunities, and challenges within the Islamic FinTech sector. This prestigious event was sponsored by Smart System Marine Equipment Repairing LLC, Wave, Royal Bullion Capital Trading LLC, Infoland – Custom Software Development & Digital Solutions, and DALO Enterprises. The event commenced with an insightful Welcome Address by Mr. Muhammad Zubair, Managing Director of AlHuda CIBE FZ LLE, UAE, which set the tone for the forum's focus on innovation and the future of Islamic finance. The opening ceremony was further enriched by the presence of esteemed Guests of Honor, including H.E. Haisham Mohamed, Minister Counsellor, Embassy of the Republic of Maldives, UAE; UAE; H.E. Nameer Khan, Chairman, MENA Fintech Association, UAE, H.E. Tariq Rashid Mohamed AlGhazal Alsuwaidi, Department of Economic Studies, Ministry of Economy, UAE and H.E. Zayyan Ibrahim, Consul General of the Federal Republic of Nigeria, UAE. These dignitaries highlighted the critical role of Islamic FinTech in driving economic growth and fostering greater financial inclusion worldwide. Throughout the forum, discussions explored a wide spectrum of key themes shaping the trajectory of Islamic FinTech. These included the evolving landscape of Islamic FinTech in cash-focused markets, the application of GenAI in the insurance sector, the strategic importance of technology partners in accelerating growth, Shariah-compliant WealthTech, and sustainable energy solutions within the Islamic FinTech ecosystem. The forum also examined the intersection of Islamic banking and FinTech in the UAE, the revolutionary impact of Blockchain technology on asset management, and the crucial role of Islamic FinTech in promoting financial inclusion. Emerging technologies such as Robo-advisors, Metaverse applications (AR/VR), Neo and Digital Banking platforms, Central Bank Digital Currencies (CBDCs), and Blockchain solutions were also prominent topics of discussion, highlighting their increasing integration within Islamic FinTech. Notably, the forum addressed the anticipated emergence of Metaverse (Islamic) banks within the next five years, signaling a significant shift towards immersive digital financial experiences. A central focus of the forum was the remarkable growth of the Islamic FinTech sector, which is expanding at a faster rate than any other component of the Islamic finance industry. The global Islamic FinTech market is currently comprised of 512 companies and is projected to exceed 1000+ by 2027, demonstrating the sector's increasing prominence and its potential to provide ethical and inclusive financial solutions. Mr. Zubair Mughal, CEO of AlHuda CIBE, emphasized the transformative power of Islamic FinTech, stating, 'The Islamic FinTech industry is poised to reshape the future of finance by offering sustainable and inclusive financial solutions. This industry enables ethical innovation across sectors such as alternative finance, Blockchain, crowdfunding, and digital banking, enhancing financial inclusion while adhering to Shariah principles'. Moreover, the forum will be followed by one day post event workshop on 'Operational and Practical Aspects of Islamic FinTech' dated 16th April, 2025. The workshop will be covering industry emerging topics. For more details visit: Looking ahead, AlHuda CIBE announced its plans to launch a dedicated trading forum for Shariah-compliant Carbon Credits in 2025, further demonstrating its commitment to promoting sustainable and ethical financial practices. The forum also hosted the 2nd Global Islamic FinTech Awards Distribution Ceremony, recognizing outstanding contributions and innovations within the industry. Mr. Ali Zeb Khan, Trade & Investment Counsellor Consulate General of Pakistan, UAE, served as the Chief Guest for this prestigious event. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit:
Zawya
09-04-2025
- Business
- Zawya
Dubai to host the 2nd Global Islamic FinTech Awards 2025
Dubai – UAE: The 2nd Global Islamic FinTech Awards organized by AlHuda Centre of Islamic Banking and Economics (CIBE) will take place on April 15, 2025 at the Dusit Thani Hotel Dubai, UAE. This esteemed event will recognize and honor groundbreaking achievements in Islamic FinTech, spotlighting the individuals, organizations and initiatives that are driving the convergence of financial technology and Shariah-compliant solutions. As the Islamic FinTech sector continues to flourish—valued at $100 billion and projected to reach $180 billion by 2026—the awards ceremony will serve as a global platform to celebrate innovation, ethical finance, and financial inclusion. The event will coincide with the 2nd Global Islamic FinTech Forum (GIFT 2025), creating a synergistic environment for knowledge-sharing, networking, and collaboration among industry leaders, regulators, and innovators. They will explore cutting-edge developments in digital payments, Blockchain solutions, Islamic crowdfunding, and wealth management. The awards will honor achievements across a diverse range of categories, including Best Islamic FinTech Startup, Shariah-Compliant Investment Platforms, Tech for Social Good, Best Islamic Digital Bank, and Best Islamic Blockchain Solution. Other notable categories include Best Islamic Cryptocurrency and Excellence in Islamic FinTech Regulation, showcasing the breadth of innovation in the sector. Nominations are open through self-submissions or research-based recommendations by AlHuda CIBE's expert team. The deadline for submissions is April 12, 2025 with finalists announced on April 13, 2025. Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, emphasized the significance of the awards: "The Global Islamic FinTech Awards are more than just recognition—they are a catalyst for growth and innovation in ethical finance. By honoring trailblazers in this space, we inspire further advancements that align with Islamic principles while addressing global financial challenges." Organizations and individuals are invited to submit nominations by completing the Awards Form available at and emailing it to info@ Attendees can also register to witness the celebration of excellence at the Dusit Thani Hotel, UAE. 2nd Global Islamic Fintech Awards 2025 is a must-attend event for FinTech entrepreneurs, investors, policymakers and Islamic finance professionals seeking to shape the future of ethical digital finance. About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 104 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit:
Zawya
26-02-2025
- Business
- Zawya
Dubai to host the 2nd Global Islamic FinTech Forum 2025
Dubai – UAE: The 2nd Global Islamic FinTech Forum (GIFT 2025) is set to take place on April 15, 2025, at the Dusit Thani Hotel in Dubai, UAE. Organized by AlHuda Centre of Islamic Banking and Economics (CIBE), UAE, this highly anticipated event will bring together global experts, innovators, regulators, and investors to discuss the future of Islamic FinTech. As the sector continues to evolve, GIFT 2025 aims to foster innovation, collaboration, and financial inclusion, ensuring the growth of Shariah-compliant financial technologies worldwide. Islamic FinTech is emerging as a transformative force in the financial sector, integrating modern technologies such as Blockchain, Artificial Intelligence (AI), Big Data, and Digital Payments with traditional Islamic finance principles. The industry has witnessed remarkable growth, with the global Islamic FinTech market valued at $100 billion and projected to reach $180 billion by 2026, reflecting a compound annual growth rate (CAGR) of 17.9%. As financial institutions and startups embrace these innovations, the sector is playing a critical role in expanding access to ethical, Shariah-compliant financial services across the globe. Speaking about the significance of the forum, Mr. Muhammad Zubair, Managing Director of AlHuda CIBE, stated, 'The Islamic FinTech industry is at a turning point, where innovation, regulation, and investment must work in harmony to create sustainable and ethical financial solutions. GIFT 2025 is not just a conference; it is a movement to shape the future of Shariah-compliant FinTech. By bringing together key stakeholders, we are fostering an environment where ideas can turn into impactful solutions that will drive financial inclusion and economic growth in Muslim and non-Muslim countries alike.' The forum will address some of the most pressing topics in Islamic FinTech, including digital payments, peer-to-peer lending, crowdfunding, wealth management, Takaful (Islamic insurance), and Blockchain-based financial services. Experts from developed, and other emerging markets will share insights on how technology is revolutionizing Shariah-compliant banking, investment, and financial services. Discussions will also highlight regulatory challenges and opportunities, as governments worldwide recognize the potential of Islamic FinTech and work toward developing supportive legal frameworks. Following the main forum, a one-day post-event workshop on April 16, 2025, will provide participants with practical knowledge on implementing Islamic FinTech solutions. This session will delve into regulatory frameworks, compliance mechanisms, and case studies, ensuring that attendees gain hands-on experience in navigating the evolving landscape of Shariah-compliant digital finance. GIFT 2025 is expected to attract a diverse audience, including banking professionals, FinTech entrepreneurs, investors, regulators, policymakers, and technology innovators. The event provides a unique opportunity to connect with global leaders, explore business partnerships, and gain insights into the latest trends and technological advancements in Islamic finance. Organizations looking to enhance their visibility within the Islamic FinTech sector can also benefit from sponsorship and exhibition opportunities. With tailored packages offering branding, networking, and promotional benefits, companies can position themselves at the forefront of Shariah-compliant digital finance. As the world moves towards inclusive and ethical financial solutions, GIFT 2025 serves as a crucial platform to drive the next wave of innovation in Islamic FinTech. Participants are encouraged to secure their spot early and be part of a global movement shaping the future of Islamic digital finance. For more details and registration, visit or contact info@ About Alhuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name in Islamic banking and finance industry for research and provides state-of-the-art Advisory Consultancy and Education through various well-recognized modes viz. Islamic Financial Product Development, Shariah Advisory, Training Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by side through our distinguished, generally acceptable and known Publications in Islamic Banking and Finance. We are dedicated to serving the community as a unique institution, advisory and capacity building for the last twelve years. The prime goal has always been to remain stick to the commitments providing Services not only in UAE/Pakistan but all over the world. We have so far served in more than 100 Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda CIBE, please visit: For Media Contact: Ms. Shaguftta Perveen Manager Communications, info@ Call: +971 52 865 5523
