The Impact of Fintech on
The Future of Islamic Finance
Strategy, regulatory and operational issues
SIDC CPE - accredited: 10 CPE Points
Date: 11th October 2017 Venue: InterContinental Hotel, KUALA LUMPUR
Conference Guide

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The banking and financial landscape in the past 5 years have been inundated with ‘techs’. FinTech, InsurTech and RegTech are just some of the new buzzwords. However, in an environment of thinning margins, low global growth and increasing cost of compliance and doing business, no Islamic financial institution can afford to ignore the march of technology particularly. Cheaper, simpler and more efficient financial solutions which do not necessarily require banks or any forms of intermediation are becoming commonplace.

REDmoney are pleased to bring you a one-day intensive workshop that will examine the most critical issues facing Islamic financial institutions with regards to financial technology. This is not necessarily a technology event. More, it is an event looking to highlight, examine and address key strategic and operational issues about future market positioning, product structure and placement, delivery channels, and customer requirements in a dramatically changing world. Included in this will be an examination of the present and likely future regulatory environment surrounding technology and financial institutions.



This one-day seminar is designed to help participants:

  • Gain an understanding of ‘technology disruption’ and its impact on Islamic banking and finance
  • Determine future client needs and requirements, as well as product delivery channels
  • Appreciate the impact of technology disruption and FinTech on your Islamic Financial Institution’s future growth and profitability
  • Assess bank strategy and positioning in the light of the growth of financial technology
  • Understand Shariah and other risk areas associated with technology disruption
  • Gain insights on some of the Islamic FinTechs available and how banks work with FinTechs, locally, regionally and internationally
  • Devise the best mode to deal with technology disruption and FinTech, including possible modes of FinTech collaborations
  • C-suite executives and middle management of Islamic financial institutions involved in:
    • Corporate strategy
    • New business and/or product development
    • Technology banking
    • Branch/channel management
    • Compliance
  • Risk managers
  • Legal counsel
  • Islamic financial institutions regulators particularly those in supervision department
  • Capital markets regulators regulating P2P exchanges and crowdfunding platforms
  • Exchanges and platform providers

As a participant in the CFA Institute Approved-Provider Program, SHAPE Knowledge Services has determined that this program qualifies for 6 credit hours, including 0.5 hour in the content areas of Standards, Ethics, and Regulations (SER).

If you are a CFA Institute member, credit for your participation in this program will be automatically recorded in your CE tracking tool.



Session 1: Discussing the Evolution of FinTech & Islamic FinTech

  • Identifying the origin, growth and development
  • Highlighting Shariah compliance among Islamic FinTech: the nuts and bolts
  • Identifying and addressing other risk areas

Session 2: Outlining Related Developments of FinTech, InsurTech and RegTech

  • The nexus
  • Discussing relevant and important developments
  • Are these just tech hype?

Session 3: Watching Islamic FinTech in Action

  • Examining some popular types of Islamic FinTech and rationale
  • Learning from others: leading jurisdictions and their initiatives
  • Analyzing Islamic FinTech disruption: a SWOT analysis

Session 4: Assessing Public Sector and Regulatory Perspectives

  • Evaluating regulatory sandboxes: a comparison among jurisdictions 
  • Highlighting and discussing Government initiatives for the development and integration of FinTech
  • No government, no regulator, no go?

Session 5: Looking Ahead: Technology Disruption and FinTech - Banking in 2030

  • Understanding and predicting customers’ expectations
  • Identifying important external factors that are expected to influence the financial landscape
  • Assessing providers, products and services offerings, and delivery channels
  • Preparing for the future: what needs to be done