Supported by e-Oman and Sultanate of Oman Information Technology Authority, the event is the first of its kind in the Sultanate and is taking place on 26-27 June 2019 in Muscat.
OiFF2019 aims at highlighting the potential Islamic Fintech has in order to develop the economy and improve financial inclusion. The forum will provide the platform for global Islamic institutions to showcase their experience and success stories. It will also facilitate business exchange and collaboration opportunities between key stakeholders for the development of the industry in Oman.
One of the highlights of the event will be the launch of a new Waqf Blockchain solution for the first time in the GCC region by Finterra, a leading blockchain social solutions provider. It is the very first and only platform in the world that has specifically developed a blockchain-based solution to crowdfund Waqf charity, Islamic investments, and peer-to-peer lending. According to its founder Hamid Rashid, “Oman was among the early advocates of our Waqf blockchain solution. The Sultanate’s ambitions to develop the Waqf and digitalize financial services can only be commended.”