The International Shari’ah Research Academy for Islamic Finance (ISRA) in collaboration with the Association of Shariah Advisors in Islamic Finance (ASAS) organised its 2nd Islamic Fintech Dialogue (IFD2019) on 19 & 20th February 2019 at Sasana Kijang, Kuala Lumpur. The theme of IFD2019 is ‘Providing Fintech Insight to Disruptors and the Disrupted’.
The two day dialogue was officiated by Dato’ Ts. Dr. Haji Amirudin Abdul Wahab (CEO, Cyber-Security Malaysia).
The Islamic Fintech Dialogue (IFD2019) is organized to provide a platform for Islamic finance practitioners and experts, Fintech influencers and Shari’ah scholars to engage in a high-level discussion on the mechanism and vehicles to expose the masses to Islamic fintech development and its opportunities in areas such as fintech/digital transformation, Islamic Fintech, entrepreneurship and talent development, and executive educational initiatives.
I was invited by the organizer to moderate the 3rd Panel Session on the topic of “Compete or Collaborate”. The panelists are:
- Mr. Daniel Ruppert (Sedania As-Salam)
- Mr. Mark Smalley (Neuroware)
- Mr. Ahmad Al Izham Izadin (Manager, Bond and Sukuk Research – BIX Malaysia)
Whenever we discuss Fintech, the conversion of competing or collaborating will naturally come up. We discussed a lot of things. It is not as simple as whether we compete or collaborate. In reality, we compete and collaborate at the same time. Competition is required so that people will keep innovating and collaboration is required for faster speed market. Innovators can focus on improving what they are good at and the collaborations will create synergies and ecosystems.