Fintech PR
LONDON TO HOST MAJOR ISLAMIC FINANCE SUMMIT
The 3rd AlBaraka Summit will explore a path to a more sustainable global economy rooted in Islamic economic principles.
LONDON, Oct. 21, 2024 /PRNewswire/ — Islamic finance continues to be a significant and growing part of the global financial landscape, with a $3 trillion finance market. It offers alternatives to the mainstream UK financial structure that align with Shari’ah law, including ethical, interest-free finance.
This is just one of the many topics being investigated during the 3rd annual AlBaraka Summit at the London Marriott Hotel Grosvenor Square on 26 and 27 October. Economists, business leaders, academics and scholars will meet and discuss the merits of an alternative to the traditional capitalist economic model.
The summit will focus on the role of Islamic finance in sustainable economic growth, both in the UK and globally, and provide a platform for UK businesses to explore future collaboration with companies from Muslim-majority countries.
The summit is supported by:
● Al Baraka Group B.S.C. (C) – Global Partner
● Islamic Chamber of Commerce and Development (ICCD) – Strategic Partner
● United Nations High Commissioner for Refugees (UNHCR) – Collaborating Partner
By understanding how adopting Islamic finance principles can unlock new growth opportunities within the UK, the Summit aims to demonstrate and educate attendees on alternative economic models to work alongside capitalism.
Key highlights:
– H.E. Mr. Yousef Hassan Khalawi, Secretary-General of AlBaraka Forum for Islamic Economy, will deliver the opening remarks and discuss how Islamic economics promotes both financial prosperity and social justice.
– Naz Shah, MP, a key advocate for community-based financial inclusion, will serve as a keynote speaker, emphasising the importance of ethical financial frameworks in the UK and globally.
– Expert panel discussions will cover topics such as risk-sharing, ethical investment, the Islamic digital ecosystem, and non-profit economic models like Waqf endowments and Zakat funds.
Commenting on the Summit, His Excellency, Mr. Yousef Hassan Khalawi, Secretary-General of AlBaraka Forum for Islamic Economy, said, “Islamic economics is not a system specific to Muslims, but rather a system for all human beings. The 3rd AlBaraka Summit will address the role of traditional capitalism such as debt accumulation and speculative practices while emphasising ethical considerations, charity, and risk-sharing models to promote sustainable growth.”
The theme of the 3rd annual AlBaraka Summit is “Global Prospects for Islamic Economics: A Path to a Sustainable, Ethical, and Innovative Global Economy”. As developing countries emerge as the next economic leaders, it is important to consider the role of Islamic economics in fostering sustainable development, ethical financial practices, and genuine development-related economies.
Panel topics include:
– Islamic Economics and Collective Responsibility: Unified Goals for a Shared Planet: Moderated by Stella Cox, Managing Director of DDCAP Group, this panel will explore how Islamic finance provides ethical alternatives to conventional capitalism, addressing social responsibility and sustainability.
– Beyond Profit: Embedding Responsibility in Islamic Banks and Investment Solutions for Long-Term Sustainability: Speakers such as Prof. Mohd Ma’Sum Billah of King Abdulaziz University will discuss how Islamic finance can prioritise social and environmental impacts alongside financial returns.
– Economic and Community-Led Development through Islamic Non-Profit Models: Featuring Haroun Atallah, Chairman of Islamic Relief Worldwide, this panel will highlight the power of charity and endowment models like Waqf and Qard Hassan financing for community empowerment.
Workshop, held in partnership with supporting partner The International Islamic Liquidity Management Corporation (IILM):
– Sukuk as High-Quality Liquid Assets: Structures and Navigation Liquidity Crunches in Financial Markets. Presented by H.E. Mr. Mohamad Safri Shahul Hamid, Chief Executive Officer, The International Islamic Liquidity Management Corporation (IILM)
Special Session:
– Innovation in Islamic Economics: A Special Session Featuring PhD Research from British Universities in Islamic Economics and Finance. Featured presentations:
– Islamic Banking and Investment – presented by Anglia Ruskin University
– Islamic Socio-Economics Concept in Sustainability and ESG – presented by Dundee University
– Islamic Economics and Contemporary Economics Issues – presented by Durham Centre for Islamic Economics and Finance, Durham University
– Islamic Commercial Law and Legal Solutions for Disputes – presented by SOAS Centre of Islamic and Middle Eastern Law, SOAS University
The Summit will take a look at the millennium-long history of Islamic economics, delving into its foundational principles and enduring values. It offers attendees an in-depth understanding of the core principles, ethical foundations, and Shari’ah-objectives (Maqasid) of Islamic economics, which are grounded in principles of social justice.
More information on the 3rd AlBaraka Summit is available here.
About AlBaraka Forum:
AlBaraka Forum for Islamic Economy is an independent, non-profit, global think tank, specialising in Islamic economy in its holistic sense. The Forum emerged as an extension of the deep-rooted heritage of its founder Sheikh Saleh Abdullah Kamel (1941-2020) (may Allah bestow mercy on his soul), a heritage that covered various areas of research and development in Islamic economy.
The Forum seeks to enrich the research resources and serve the knowledge structure of Islamic economy, as well as to build partnerships and alliances with regional and international entities to foresee contemporary economic challenges and developments, in order to keep pace with Islamic economy and finance. This will enhance the outputs of the Forum as a global economic and financial knowledge beacon.
About the AlBaraka Summit Series:
AlBaraka Summits Series, Founded by Sheikh Saleh Kamel, aims to advance the global reach and impact of Islamic economics and finance. The series began in London, has since expanded to major economic hubs worldwide. It convenes thought leaders and influencers in Islamic economics to discuss timeless fundamentals and contemporary themes, embracing diverse economies from profit-driven enterprises to philanthropic endeavours.
AlBaraka Forum organizes country-based summits, with the first version launched in London. The second summit is held annually in Saudi Arabia under the patronage of His Royal Highness the Prince of Madinah Region. Our latest summit in Türkiye was graced by the presence of H.E. Mr. Recep Tayyip Erdoğan, the President of the Republic of Türkiye.
Transformation from AlBaraka Symposium to AlBaraka Forum for Islamic Economy
For nearly 50 years, AlBaraka Symposium has been the most important and largest gathering of top leading Islamic economists and experts – with a clear focus on Islamic finance – covering various disciplines: It is a hub for Sharia scholars specializing in financial transactions, as well as the world’s top economists who specialize in Islamic economy, senior executives and academics. Therefore, the symposium has served as the most important starting point and the first entry point for a variety of newcomers to Islamic finance, including new researchers and executives.
The idea of transforming AlBaraka Symposium into a scientific institution was realized at the beginning of 2020, during the latter days of the late Sheikh Saleh Kamel (may Allah bestow mercy on his soul), who was renowned for his lifelong giving. This institution’s activities are increasing beyond the influence of the annual symposium, and it makes a constant contribution throughout the year.
View original content:https://www.prnewswire.co.uk/news-releases/london-to-host-major-islamic-finance-summit-302281651.html
Fintech PR
Vietnam’s Youth Rally Behind Blockchain: KuCoin Reveals Groundbreaking Insights at VTIS 2024
HANOI, Vietnam, Jan. 10, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to share the findings from its second edition of the KuCoin Campus Survey, conducted during the Vietnam Technology & Investment Summit (VTIS) 2024. With 926 participants surveyed from December 3rd to December 4th, 2024, the results underscore the vibrant interest in blockchain technologies among Vietnam’s youth, reinforcing KuCoin’s commitment to nurturing this vital market.
The survey, a key initiative under KuCoin Campus, highlights a strong, positive sentiment towards cryptocurrencies, with 92% of participants optimistic about the future of digital assets. Remarkably, 82% of respondents are considering blockchain-related careers, signaling a burgeoning talent pool eager for development and opportunities within the industry.
Vietnam’s strategic importance to both KuCoin and the broader crypto community is evident as 68% of participants expressed a “very high interest” in blockchain, making it a critical hub for crypto innovations and community engagement. Additionally, 73% of respondents currently hold cryptocurrencies, demonstrating a mature market ready for further expansion and adoption.
The survey also uncovered a significant inclination towards diverse blockchain roles, with data analysis (24%), marketing (22%), and business development (21%) being the most coveted. These insights are invaluable as they highlight the areas of highest potential and interest among the future workforce.
“Vietnam has been and will continue to be a key market for us,” said Alicia Kao, the Managing Director of KuCoin. “As the People’s Exchange, we are committed to empowering and equipping this new generation with the tools they need to succeed in the evolving digital landscape.”
View the full report here (EN version, VN Version), or visit KuCoin’s official website for further information.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 37 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
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View original content:https://www.prnewswire.co.uk/news-releases/vietnams-youth-rally-behind-blockchain-kucoin-reveals-groundbreaking-insights-at-vtis-2024-302347817.html
Fintech PR
Fintech nsave launches investment platform, offering people from distressed economies protection from inflation with compliant and safe investments abroad
- nsave offers trusted dollar, sterling or euro accounts abroad to people from high inflation countries.
- Customers can now access a range of US equities, ETFs and funds.
- TQ Ventures leads $18mn financing, with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton.
LONDON and GENEVA, Jan. 10, 2025 /PRNewswire/ — nsave, the provider of trusted, compliant accounts abroad to people from countries with high inflation, has today announced the launch of an investment product, enabling people at risk of financial exclusion to protect and grow their wealth.
The company also confirmed an $18mn Series A investment led by TQ Ventures with participation from Sequoia Capital, Y Combinator, ACE Ventures, and Proton Foundation, to accelerate their growth.
Today’s means customers can access US equities, ETFs and soon funds managed by some of the world’s largest asset managlaunchers via the nsave app, subject to onboarding and compliance checks.
By working with regulated financial institutions and banking partners in the UK and Switzerland, nsave offers safe and compliant accounts abroad, democratising offshore services to millions of people affected by high inflation or economic uncertainty in their home countries.
nsave’s customers include young professionals who move abroad and face exclusionary and outdated compliance processes due to their country of birth, alongside people from high inflation economies, who fear their life savings will be wiped out.
Based in London and Geneva, nsave is led by former Rhodes Scholars Amer Baroudi and Abdallah AbuHashem.
nsave CEO Amer Baroudi said: “Our vision is to go beyond just protecting everyday people’s wealth by enabling safe and compliant accounts abroad, but to enable them to grow it, too.”
“For some of our customers, this is the first time they can access trusted investment services securely. We believe your passport shouldn’t determine your path to prosperity. Our compliance-by-design approach enables us to offer services safely to many more people.”
TQ Ventures co-founder and co-managing partner, Schuster Tanger, said: “nsave is tapping into a massive market of individuals underserved by existing financial services who need secure, stable financial solutions.”
“From the outset, I was impressed by nsave’s unique approach and the strength of their team, no doubt a function of Amer and Abdallah’s own lived experience of these challenges. We’re thrilled to roll up our sleeves with nsave to create a more inclusive financial system.”
Contact:
[email protected]
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Fintech PR
Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan
BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.
Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.
With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.
The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.
“Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “
“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.
Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”
Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.
About Amrop
Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.
Media Contact:
The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. [email protected]
Brigitte Arhold, COO
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View original content:https://www.prnewswire.co.uk/news-releases/amrop-a-leading-global-executive-search-and-leadership-consulting-firm-announces-new-office-in-japan-302347193.html
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