The UKIFC is delighted to be supporting the University of East of England public lecture on Islamic finance which this year will be themed around the Shariah and regulatory aspects of FinTech.

FinTech is disruptive. Existing regulations do not fit well with new products. “Islamic” FinTech adds the requirement of Shariah compliance to the legal complexity of financial innovations. Islamic jurists and Shariah standard setters have not yet systematically dealt with issues such as “cryptocurrencies,” risk mitigation in crowdfunding, smart contracts, or the status of decentralised autonomous organisations (DAOs). Is there a need for “Shariah sandboxes” to reduce Shariah non-compliance risks for innovators?

EVENT DETAILS

Date / Time:

6:30-8:00pm, Wednesday February 22, 2017

Venue:

University of East London

Main Lecture Theatre, University Square Stratford

No 1, Salway Road, Stratford, London E15 1NF (five minutes walk from Stratford tube station)

Speaker:

Prof. Volker Nienhaus

Dr. Volker Nienhaus was a Professor of Economics at the University of Bochum and President of the University of Marburg. Currently, he is Adjunct Professor at the International Centre for Education in Islamic Finance (INCEIF) in Malaysia, consultant to the Islamic Financial Services Board (IFSB) and a member of the International Advisory Panel of the World Islamic Economic Forum (WIEF).

Chair:

The Hon. Mr. Justice Cranston

High Court Judge, Queen’s Bench Division

Attend:

Event is free and on first come, first served basis. For enquiries, please email S.Sait@uel.ac.uk