Sustainable Financial Innovation in Times of Technology

Sustainable Financial Innovation in Times of Technology

  • By Mr. Mohammed Kateeb (Speaker) – Group Chairman & CEO of Path Solutions

Three aspects of the financial services industry were revolutionised by fintech: the business model, the operational model, and most importantly, the customer experience. It’s fascinating to see how fintech replicates the familiar sensations associated with social media and other popular apps. In 2015, only 16% of people used fintech services; by 2019, reports show that over 64% of people used fintech services, and 96% of customers are aware of at least one fintech service. This is a remarkable revolution, showing that within just four years, 96% of customers are aware of at least one fintech service… For more, click here

Bait Al-Mashura for Financial Consultations signs a cooperation agreement with GIFT “Global Financial Technology Alliance”

Bait Al-Mashura for Financial Consultations signs a cooperation agreement with GIFT “Global Financial Technology Alliance”

Bait Al-Mashura Company for Financial Consultation has signed a cooperation agreement with the Global Financial Technology Alliance, GIFT, according to which Bait Al-Mashura has officially become the regional office for the alliance in Qatar and the Middle East.

The agreement was signed by Dr. Osama Qais Al-Dereai, CEO, Bait Al-Mashura Financial Consultations Company, and on behalf of the GIFT Financial Technology Alliance, Professor Malik Kotida, CEO of the alliance.

In a speech on the occasion, Dr. Osama Al-Dereai said that the agreement comes within the framework of joint and strategic cooperation between the two entities, and it also comes within the efforts of Bait Al-Mashura Company to support and develop the financial market and keep pace with the latest global developments in digital financial technology, which contributes to achieving sustainable development goals in the country.

He added that the agreement is a link in a series of memoranda of understanding and joint cooperation agreements signed by Bait Al-Mashura Company at the present time with major international companies and institutions to support the positive impact of financial technology in the development of the digital financial field in the country.

Professor Malik Kotaida thanked Dr. Osama Qais Al-Dereai for this constructive cooperation with the Alliance in the field of financial technology, which aims to provide it to all sectors of society and improve financial literacy. It is worth noting that the Gift Alliance is one of the largest global alliances in the field of financial technology in more than 60 countries around the world, and its efforts are focused on developing the financial and banking field for the public and private sectors, as it includes members from international Islamic and conventional banks, consulting firms, central banks and major financial technology companies around the world.

Massive success for Bait Al-Mashura in its new Webinar entitled “Islamic Fintech Practices and Prospects for the Capital Markets”

Massive success for Bait Al-Mashura in its new Webinar entitled “Islamic Fintech Practices and Prospects for the Capital Markets”

Bait Al-Mashura Financial Consultations succeeded in achieving a massive success in organizing its new webinar entitled “Islamic Fintech Practices and Prospects for the Capital Markets” with more than 120 attendees from the public on October 31, 2021, in cooperation with the leader entities in the Islamic Fintech Field, Qatar Financial Center, Hamad Bin Khalifa University, Khaliji Group, Wethaq and Refinitiv.

The workshop was moderated by Dr. Dalal Assouli, Associate Dean College of Islamic Studies, Hamad Bin Khalifa University and conducted by Mr. Henk Hogendoorn, CEO, Financial Sector at QFC, Mr. Asim Khan, CEO of Al-Khaliji group, London, Ms. Alaa Abed, GM at Wethaq Organziation Dubai and Mr. Ahmed Tayeb, senior researcher at Thomson Reuters Refinitiv.

The webinar is the fifth in a series of fintech webinars offered by Bait Al-Mashura company after the resounding success of its series of webinars since the beginning of 2021 on the importance of digital technology, which was presented for the first time in Qatar and the attendees praised the high professionalism and accuracy in coordinating the workshop in line with the policy of Bait Al-Mashura Company in its constant provision of a unique, innovative and interactive training and educational experience in education and training, which contributes to spreading a vision of continuous learning and permanent development to keep pace with the latest global technologies in the Qatari society.

 These webinars organized by Bait Al-Mashura Company are the first stage in a huge initiative BM Fintech, provided by Bait Al-Mashura in coordination and partnership with the largest international institutions and universities globally with the aim of spreading awareness of financial technology and promoting its culture in Qatari society, the Arab region, and the world.

Bait Al-Mashura conducts its new Webinar “Voyaging Sustainable Financial Innovation in times of Technology”

Bait Al-Mashura conducts its new Webinar “Voyaging Sustainable Financial Innovation in times of Technology”

Bait Al-Mashura Financial Consulting Company presented a free webinar entitled “Voyaging Sustainable Financial Innovation in times of Technology” to the public on September 30, 2021, in cooperation with Path Solutions, a leader in the Islamic Finance Field.

The workshop will be presented by Mr. Mohamed Kateeb, Group Chairman and CEO, Mr. Kateeb is currently serving as member of the Board of Trustees of IRTI, an affiliate of the Islamic Development Bank Group that focuses on developing a technology-enabled Islamic financial services sector leveraging state-of-the-art technology to mainstream Islamic economics and finance knowledge. Most recently, Kateeb was presented with the ‘Islamic Fintech Leader of the Year’ award at FINTECH PRIZE 2020. He was also selected ‘Best Technology Executive of the Year for Financial Services’ at the MEA Finance Awards 2020. Winner of the 2018 GIFA Advocacy Award (Islamic Financial Technology), Kateeb was chosen the same year among the ‘Leaders of Islamic Economy in East Africa’, and in 2017 he was granted the prestigious ‘Leadership Award in Information Technologies & Media’ by ISFIN, named five times among the ‘Top 50 Most Influential Leaders Who Make the Islamic Economy’ in ISLAMICA 500.

The workshop was moderated by Mr. Mughees Shaukat, Chairman of the Advisory Board of Fingel Global Inc, Canada; he is a Fintech & Digital Banking Specialist from MIT, USA, Mr. Mughees also serves as the Vice Chairman, AAOIFI Education Board Bahrain; Pioneer Head of Islamic Finance, Oman

And is elected as the Fintech Leader of the Year, 2020, Turkey; he is the Winner of GIFA Islamic Finance and Leadership Award by The President of Pakistan.

The webinar is the latest in a series of fintech webinars offered by Bait Al-Mashura company after the resounding success of its series of webinars since the beginning of 2021 on the importance of digital technology, which was presented for the first time in Qatar and the attendees praised the high professionalism and accuracy in coordinating the workshop in line with the policy of Bait Al-Mashura Company in its constant provision of a unique, innovative and interactive experience, which contributes to spreading a vision of continuous development to keep pace with the latest global technologies in the Qatari society.

 These webinars organized by Bait Al-Mashura Company are the first stage in a huge initiative BM Fintech, provided by Bait Al-Mashura in coordination and partnership with the largest international institutions and universities globally with the aim of spreading awareness of financial technology and promoting its culture in Qatari society, the Arab region and the world.

Click here to watch the webinar

Bait Al-Mashura broadcasts its new Webinar entitled “Digital Financial Inclusion for Organizations”

Bait Al-Mashura broadcasts its new Webinar entitled “Digital Financial Inclusion for Organizations”

Bait Al-Mashura Financial Consulting Company presented a digital webinar entitled “Digital Financial Inclusion” to the public on Monday, August 9, 2021, in cooperation with Global Impact Fintech, the largest and most widespread global organizations in 55 countries to support digital financial technologies.

The workshop was conducted by CEOs, researchers, and entrepreneurs around the glob from France, China, Malaysia and Indonesia, where the workshop was moderated by Mr. Malik Kotida, co-founder of GIFT and Chairman of the Board of Directors of Finnovation, which adopts the latest modern technologies of digital financial technology in Asia.

The workshop discussed the digital financial inclusion and how it affects our daily lives. The concept idea is discussed by Mr. Dima Dejani, founder and chairman of Alami, a leading digital financial services company, and Ms. Sahana Arun, CEO of Amarante Consulting, an expert in providing technical consultancy for existing solutions on the digital market specialized in digital financial services, as well as Mr. Mohamed Redzwan, Country Director at World remit, which specializes in digital money transfers, and Mr. Salman Anjum, Chief Mate at MateSol to is specialized in digitized invoices, digital collections and automating customer services

 The webinar is the third in a series of fintech webinars offered by Bait Al-Mashura Company after the resounding success of its first two workshops during January and June 2021 on the importance of digital technology, which was presented for the first time in Qatar. They were chosen carefully, and the attendees praised the high professionalism in the organization and accuracy in coordinating the workshop in line with the policy of Bait Al-Mashura Company in its constant provision of a unique, innovative and interactive training and educational experience in education and training, which contributes to spreading a climate of continuous learning and permanent development to keep pace with the latest global technologies in the Qatari society.

 These webinars organized by Bait Al-Mashura Company are the first stage in a huge initiative that will be unveiled soon under the name of BM Fintech, provided by Bait Al-Mashura in coordination and partnership with the largest international institutions and universities globally with the aim of spreading awareness of financial technology and promoting its culture in Qatari society, the Arab region and the world.