Finterra hosts the first ever International Waqf and Blockchain Forum in the Middle East

Finterra, a truly global, fully inclusive financial platform that aims to bridge the gap between consumers and providers hosts the first everInternational Waqf and Blockchain Forum with the theme of “Harnessing the Power of Blockchain technology for the Global Development of Waqf”. The forum will serve as a platform to explore the boundaries of new waqf developments and initiatives. It will shed light on new thoughts and ideas, in the quest for transformation and management of a sustainable socio-economic path for Muslim nations across the entire globe.

Commenting on the success of the forum, Mr. Hamid Rashidsaid, “Dubai is a budding sphere of opportunity that encompasses the fast-growing Middle East, Africa and South Asia (MEASA) markets, which are undergoing substantial demographic shifts and have younger, more technologically savvy populations. We are extremely honored to host the first ever forum here, to collectively use blockchain technology to modernize the management of Islamic development.”

He added that “The IWBF platform is there to establish clarity and a collective understanding of the potential that blockchain technology possesses for the facilitation and development of Waqf assets on a global scale, whilst also promoting new economy alternatives to enhance Muslim unity”.  

H.E. Prof Dr. Koutoub Moustapha Sano, Minister in the President Office and Diplomatic Advisor to the President of the Republic of Guinea was the key delegate and awarded for his excellence in Waqf initiatives and development.The forum was also graced by key dignitaries and industry experts such as the Honourable Minister, Mr. Amin Pathan from The Haj Committee of Rajasthan. The attendees also witnessed the signing of key Memoranda of Understandingwith the Canadian University Dubai. Prof Dr Syed Khalid Rashid was awarded for his excellence in Education & Practice.

Key speakers:

• Professor Dato Dr. Sano Koutoub Moustapha - Minister in The President Office & Diplomatic Advisor to The President of The Republic of Guinea
• Assoc. Prof. Dr. Magda Ismail Abdel Mohsin - Associate Professor at International Centre For Education in Islamic Finance (INCIEF)
• Dr. Umar Oseni - Executive Director, Legal & Compliance International Islamic Liquidity Management
• Mr. Hamid Rashid - Founder & CEO Finterra Blockchain
• Prof. Dr. Monzer Kahf - Professor of Islamic Finance & Islamic Economics, USA
• Hj. Mazlan Ahmad - Executive Chairman – Finterra