7:28 AM

Shariah Fintech Forum 2017

There will be a big forum coming soon organized by Association of Shariah Advisors in Islamic Finance (ASAS), Association of Islamic Banking Institution Malaysia (AIBIM), Malaysian Takaful Association, International Shariah Research Academy for Islamic Finance (ISRA), and IIUM International Islamic Banking and Finance (IIiBF). The event is called the Shariah Fintech Forum 2017 and will be a 2 day event on 7th and 8th November, 2017. We have all the big names sharing their experience, new regulations, market trends and research findings in fintech and shariah. Some are famous speakers who are experts in their area and some are new names in the area sharing research findings. So don't wait any longer, register this event. Download the form and reserve your seats before its sold out.

Below is a list of speakers in the 2 day forum :

  1. Azleena Idris (General Counsel and Head of Legal) of Kuwait Finance House (Malaysia) Berhad on (Overview of Fintech)
  2. Dato Arif Siddiqui, CIO of Standard Chartered
  3. Fazul Izwan, CTO of Sedania
  4. Mohammad Ridzuan Abdul Aziz CEO, Sedania As Salam Capital
  5. Raja Teh Maimunah of AmInvestment Bank & Managing Director of Wholesale Banking
  6. Dato Adissadikin Ali, CEO of RHB Islamic Bank Berhad
  7. Nizam Ismail, Partner, RHTLaw Taylor Wessing, Singapore
  8. Assoc. Prof. Dr. Aznan Hasan, President of ASAS
  9. Datuk Azrin Mohd Noor, Founder/Managing Director, Sedania Innovators Berhad
  1. Dr. Marjan Muhammad, Head of Research Quality Assurance Office of ISRA on Shariah Analysis of Cryptocurrency
  2. Dr. Farrukh, Researcher of ISRA on Smart Contracts
  3. Dr. Rizal Mohd Nor, Researcher of IIUM on Islamic Fintech for Finance and Capital Markets
  1. Yousof Sultan, Shariah Tech Consultant of Ethis Ventures
  2. Lokesh Gupta Founder/CTO of RM Applications
  3. Dr. Muhammad Reza Zaaba, Staff Researcher of Mimos Berhad on Evolution of Money
  4. Rene Bernard, CEO of LuxTag and President of Access Blockchain Association Malaysia
  5. **Adam Dahlan Head of Compliance, PayHalal
  6. Joann Enriquez @Maryam Chief Operating Officer, Ethis Ventures
  1. Marzunisham bin Omar Assistant Governor Central Bank of Malaysia (Bank Negara Malaysia)
  3. Dr. Solahuddin Shamsuddin, Chief Technology Officer, CyberSecurity Malaysia
  4. Cybercrime Unit of PDRM
  5. Malaysian Communications and Multimedia Commission (MCMC)

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7:28 AM

The scalability and traceability of bitcoin and blockchain based cryptocurrency

They are many concerns about bitcoin and most cryptocurrencies. On one hand there are a lot of criminals who like it because it is anonymous. Illegal trades can be easily conducted and we have seen this before where the mode of payments for WannaCry Ransomware used bitcoin as a mode of Ransom payment1. But there are a lot of other criminals out there as well. The types that take advantage of other people's greed and gullibility. Creating getting rich schemes such masquerading as a investment fund manager. Often times, people lose a whole lot of money in this scams and unregulated investment firms.2. However, that does not mean it is totally anonymous3. While there is a way to find these perpetrators, the authorities should now be smart and start monitoring illegal activities better.

On the other hand, the distributed nature of bitcoin makes it desirable for it to be used as a backend system that is both reliable and fault tolerant. However, there is also doubts about it to be totally scalable4. This articles shares some links about arguments made on these two issues.

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15:45 PM

Blockchain in IoT

It seems that the implementation of blockchain is going beyond from just cryptocurrencies and into IoT devices as predicted. I've read a couple of this implementation, from farming to shipping. I do have a couple of concerns about this, particularly, how secure is it? There have not been much discus...

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