Dubai, UAE: The 2nd Global Islamic FinTech Forum 2025, hosted by AlHuda Centre of Islamic Banking and Economics (CIBE), concluded on April 15, 2025, at the Dusit Thani Hotel in Dubai. The forum brought together over 30 countries’ leaders, policymakers, Shariah scholars, and tech innovators to explore the transformative potential of Islamic FinTech.
The event featured keynote speeches, panel discussions, and specialized technical sessions, addressing key topics like GenAI in insurance, Shariah-compliant WealthTech, and the impact of Blockchain technology. The forum also highlighted the growing role of emerging technologies such as Robo-advisors, Metaverse applications, and CBDCs within the Islamic FinTech sector.
The sector is growing rapidly, with over 512 companies currently in the market, expected to exceed 1,000 by 2027. AlHuda CIBE CEO Mr. Zubair Mughal stressed that Islamic FinTech is reshaping finance by promoting sustainable, inclusive solutions within alternative finance, crowdfunding, and digital banking.
The forum culminated in the 2nd Global Islamic FinTech Awards, recognizing innovations in the industry. AlHuda CIBE also announced plans to launch a Shariah-compliant Carbon Credit Trading Forum in 2025, further committing to ethical financial practices.
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