Manama, February 27 (BNA): The third annual Islamic Finance Innovation Day (IFID) Forum kicked off with the participation of more than 300 regional and international attendees including leading experts in fintech, banking, regulatory, legal and investment services engaging in dynamic discussions on “How? Fintech is transforming the investment industry.”
The event was held under the auspices of the Central Bank of Bahrain, and highlighted the important role of financial technology in the transformation of the industry and the continuous development of the investment sector.
Hassan Jarrar, CEO of BisB, delivered a speech addressing the “next stage of digital innovation”.
“To keep pace with this rapidly evolving phenomenon of a digital-first society, and approach the future with confidence, we, as financial service providers, need to operate with agility and flexibility. We need to look beyond technology and think about the people it affects, whether they are customers employees, or partners.
Anwar Adham, Co-Founder and CEO of CFA, CrowdToLive®, a leading FCA regulated UK Fintech offering an innovative and unique way to access the real estate asset class, and Forum Partner, gave a presentation highlighting how it can provide Class property is a debt-free solution for investing and financing real estate transactions worldwide.
“Historically, real estate has been the main asset class for debt financing, but the continued rise in residential property prices around the world has caused an affordability crisis, and a non-debt solution is an answer to this challenge,” Adham said.
This was followed by two interactive panel discussions on the role of new advanced digital solutions and how they are revolutionizing the investment industry with leading experts looking at the challenges, the resulting opportunities and overall developments from a comprehensive perspective covering the regulatory and legal fronts as well as the implications for financial service providers and the clients they serve.
FKN