Under the leadership of Mr. Hamid Rashid, Founder & CEO of Finterra, the forum was hosted at Shangri-La on May 7 at 8 AM

The overall objective of International Waqf and Blockchain Forum 2018 is to establish clarity and a collective understanding of the potential of blockchain technology for supporting the facilitation and development of waqf on a global scale whilst also promoting new economy alternatives to enhance Muslim unity.

The forum also witnessed key awards presentations that brought together distinguished personalities and modern-day icons from the world of Waqf, Islamic Finance and Technology, giving recognition to individuals and corporations for their leadership and unrelenting contribution in research and philanthropy

May 9, 2018, Dubai, United Arab Emirates: Finterra, a truly global, fully inclusive financial platform that aims to bridge the gap between consumers and providers hosts the first ever International 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 Rashid said, “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 Understanding with 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
About Finterra

Finterra is a private limited company dedicated to building the next generation of Blockchain technology. Finterra develops a platform that is socially, economically and morally viable for the global development of Endowment (Waqf) assets, under the privy of regulatory compliances.

The Finterra Blockchain is a highly evolved technology platform, considered by many as the benchmark of the industry for its tokenization, smart contracting, ultra-ledgers and consensus features.

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