FINTERRA WINS AT THE INTERNATIONAL ISLAMIC LEADERSHIP FORUM & AWARDS

PUTRAJAYA, Sept 19 (Bernama) -- Leading Fintech firm, Finterra was recognised for its ‘Excellence in Blockchain based Islamic Applications’ at the International Islamic Leadership Forum & Awards, held on 17 September 2019 at Putrajaya Marriot. The ceremony was a dazzling affair, comprising of an award gala dinner along with a Forum which saw three keynote addresses and a panel discussion.

The accolade highlights the dedication and quality of Finterra’s blockchain-based Islamic applications and solidifies its position as a global leader in Islamic Fintech. Since it began operations, Finterra has focused on providing a truly inclusive blockchain platform revolving around transparency, security and traceability.

Apart from being an award recipient, Finterra’s Founder, Hamid Rashid also delivered the first keynote address entitled “Social Solutions for the Blockchain” where he capitulated on the importance for leaders and corporates to embrace change and adapt to the disruptions currently sweeping the world. His keynote focused on how blockchain and Waqf (endowment) complement one another while also supporting UN sustainable development goals (SDGs).

While addressing the crowd comprising of award recipients, industry captains and dignitaries, he said, “Blockchain is the financial challenge of our time. It is going to change the way our entire world operates”. He further added that “to become a true leader, one would need to innovate and adapt to disruptions or seriously risk becoming obsolete”. Finterra continues to advocate for the utilisation of blockchain technology not only to develop Waqf but all other sectors.

The International Islamic Leadership Forum & Awards (IILA) serves to recognise individuals and organizations that demonstrated excellence in leadership whilst also abiding to and promoting Islamic business principles and sustainability in the growth of the global Islamic economy.

About Finterra

Finterra is an organization providing blockchain-based Islamic applications. Established in 2017, it currently has offices in Malaysia, Singapore, Hong Kong, India, Oman and UAE, with plans to further expand into Africa and Middle East. Its ecosystem comprises of core banking, digital banking and blockchain solutions, which have been created to promote technical advancement in areas of transparency, traceability and OMNI Channel Digital Banking.

Finterra’s flagship product, the WAQF Chain, has been developed to revitalise Waqf for the digital age, using blockchain technology. With relevant regulatory compliance built into its services, WAQF Chain solves core challenges in unlocking the value of endowed assets, whilst integrating options for Capital raise, Waqf management, and Asset management.

Source: Finterra Technologies Sdn. Bhd.