#London Innovations in Islamic FinTech - Roundtable discussion

Hi Everyone,

This is a joint event with the UKTI and the UK Israel Tech Hub

We hope you'll join us for our first seminar on FinTech Innovation opportunities in Islamic Finance.

The UK is well established as a global player in the Islamic Finance industry. More than a dozen banks deliver Islamic finance transactions and there is hardly a large professional services firm that does not have specialist Islamic finance teams.

It is also one of the most significant Financial Technology clusters in the world with an extensive and growing ‘FinTech’ community within TechCity. Investment into FinTech in the UK has increased exponentially over the last few years and London now sits alongside New York and Silicon Valley as one of the top FinTech Innovation centres globally.

The purpose of this event is to bring together the growing number of interested parties in Islamic FinTech for an exploratory discussion to examine the application of technological innovation to Islamic financial services. The global market for Islamic services is significant and the technology exists today to reach out far and wide to deliver services digitally and through multiple channels.

                                               Agenda

17:30 - Arrivals

Refreshments will be provided courtesy of our Sponsors Wragge Lawrence Graham & Co.

18:00 - Welcome address


Eddie George, Founder & CEO, NewFinance

18:10 Presentations

Islamic Finance Expert Professor Mohammed Abdel-Haq from the Centre for Islamic Finance, University of Bolton, will tell us about Islamic Finance and it's key principles 

Islamic FinTech Expert John O'Dwyer, MD at Strategic Apps will tell us about Xenmet which offers commodity transaction services to Islamic financial institutions. See the full case study here. 

19:00 Panel Session

Jonathan Segal, Director at Wragge Lawrence Graham & Co LLP will moderate the panel

We will also be joined by Clare Sarson, Head of Strategic Trade, Marketing and Partnerships, Financial Services Organisation, UKTI

19:45 - Closing address

Recap, feedback shout-outs, future event details and final messages

20:00 - Seminar Ends / World Cup

For the Football fans amongst you we will be watching the England v Uruguay match in the Cafeteria after the seminar

-------------------------------------------------------------

UK Trade & Investment is the UK Government Department that helps UK-based companies succeed in the global economy. We also help overseas companies bring their high quality investment to the UK’s dynamic economy acknowledged as Europe’s best place from which to succeed in global business

The UK Israel Tech Hub helps drive economic growth in the UK and Israel by building a partnership in technology. Our goal is to create partnerships in which British companies gain a global competitive edge via Israeli innovation, and Israeli innovation goes global via the UK

This event is kindly sponsored by Wragge Lawrence Graham & Co.

Cheers

Eddie, Founder & CEO

Follow us on Twitter and YouTube

Join or login to comment.

  • Marcus G.

    Good opportunity to better understand the islamic culture in finance

    June 20

  • Eddie G.

    Hi Everyone, thank you to Mohammed and John for speaking, to all of you who attended and to our partners the UKTI, Wragge Lawrence Graham & Co. and the UK Israel Tech Hub for supporting us last night. This was a really good first event. As Asif says, the next session will be a practical workshop, probably one morning in September more details to come soon, suggestions always welcome. We're very pleased to be addressing this significant opportunity for FinTech Entrepreneurs.

    Cheers
    Eddie

    June 20

  • Asif Z.

    .........

    This is where technology can facilitate, firstly, in demystify misconceptions for practitioners and consumers and also to advocate its true economic nature as a viable alternative contender in the conventional financial arena. Only then we will be able to achieve a long term economic social justice with in the UK.

    As a next step we need to arrange practitioner workshops to understand the Islamic Finance proposition. Well done Eddie and his team for initiating this forum.

    Look forward to seeing you guys again.

    June 20

  • Asif Z.

    ........from previous due to word restriction.......

    I have great hope and expectations that UK is not only going to be the hub of Islamic Finance (Inshallah- God willing) but UK will take the lead in defining new paradigms and policies for Islamic Finance for others to follow.

    Forums like 'FinTec' can facilitate this transition. I believe there is a great need for awareness and rational definition with regards to Islamic Finance, as Islamic Finance popularity in my opinion is not only based on religious sentiment any more but it has much more to offer.

    June 20

  • Asif Z.

    It was a pleasure to meet all of you. A great event.

    I strongly believe that the 'London Innovation in Islamic FinTech' forum can play a pivotal role in promoting UKTI's vision of Islamic Finance.

    It was my fortune that I was already in London for the past two days attending the other UKTI event '2014 London Sukuk Summit'. I believe UKTI is headed in the right direction in its quest for Islamic finance. This new emerging economic financial system - (Islamic Finance) needs much careful thought and consideration.........

    June 20

  • John O.

    Greatly enjoyed presenting at the meetup last night and all the conversations. Murabaha transactions are used across the Islamic world where conventional finance would use an interest-bearing deal so there is potential to use this mechanism in diverse financial scenarios. Initially baffling, but murabaha rewards persistence and there are many possible applications. Thanks Eddie & Team for organising.

    June 20

  • Paul S.

    Is a challenge to "understand" correctly the principles of the Islamic finance, to help the changes to the the mistakes, the financial crisis and economical unfairly of our "Christian" finance of the Western countries, which we have exported in the entire world.
    Some one call it also "Ethical" Finance" therefore, despite scholarships and interpretations, we have to review our principles and and economical dogmas which some of them are clearly false and unworkable.
    The Euro is a clear example of violation of the basic principles of the Fundamental Equation of Monetary, bringing the false creation of the Public Debit. Is a technical fraud which is creating millions of slaves, despite the formation of Monetary Reform movements in all Europe to wake up the people. Unfortunately it is not enough.
    Any technical innovation cannot exit over an unethical frauds or political lies. We have to review our basics first and to be the real "owners" of our money printing it directly.

    June 20

  • Mostafiz

    Excellent

    June 19

  • Eddie G.

    Hi Everyone,

    We're looking forward to seeing you all tomorrow evening at our Innovations in Islamic FinTech Seminar. We have some excellent presentations and a panel session lined up to explore this very interesting and important opportunity.

    Please see the event listing at http://www.meetup.com/newfinance/events/185289482/ for the details.

    The doors open at 17:30 for an 18:00 start, timings will be strict please as we have a busy agenda.

    We routinely video and photograph our sessions, if you have any issues with this please let me know asap, we will not be able to edit you out once the content is published.

    I look forward to seeing you tomorrow, if you have any questions please drop me a line, and thank you for supporting us we hope you’ll find it worthwhile

    Regards
    Eddie

    p.s. we're arranged to watch the England v Uruguay World Cup match immediately after the Seminar in the Cafeteria at Wragge

    1 · June 18

  • Asif Z.

    Hello All
    Salam
    Regarding the Financial Technology event, can this be associated with innovative 'Marketing' in Islamic Finance.

    May 29

    • Eddie G.

      The topic is specifically Innovations in Islamic Financial Technology which should keep us more than occupied at this inaugural event, we may consider other related tech areas for possible future events

      May 29

Our Sponsors

  • Yodlee Interactive

    Empowering FinTech Entrepreneurs using the award-winning Yodlee platform

People in this
Meetup are also in:

Create a Meetup Group and meet new people

Get started Learn more
Allison

Meetup has allowed me to meet people I wouldn't have met naturally - they're totally different than me.

Allison, started Women's Adventure Travel

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy