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HomeIn focusInside Bahrain4th Annual Islamic Finance Innovation Day Announced Solidarity as Insurance Partner

4th Annual Islamic Finance Innovation Day Announced Solidarity as Insurance Partner

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– Held under the Patronage of the Central Bank of Bahrain, senior decision makers and industry experts to look at ESG as a driver for innovation and growth

The 4th Annual Islamic Finance Innovation Day (IFID), founded and organized by FinMark Communications, today announced Solidarity as the Forum’s Insurance Partner. The Forum, which is once again being held under the Patronage of the Central Bank of Bahrain (CBB) and with the support of Lead Partner Bahrain Islamic Bank (BisB), focuses this year on “Embedding ESG into Islamic Finance – Opportunities for Innovation and Growth”.

Taking place on 30 May 2023 at the Gulf Hotel, Kingdom of Bahrain as a hybrid event, is set to attract participation from more than 300 regional and international participants and decision makers, including a distinguished line up of speakers from the Islamic banking and finance sector, fintech industry as well as ESG, regulatory and legal experts.

The Forum will comprise of a keynote address and fireside chat with industry leaders as well as two panel sessions, “Going Beyond Compliance – ESG as a Driver for Innovation and Sustainable Growth” and “The Essential Role of Fintechs in Accelerating ESG Adoption”. These interactive sessions have been designed by an Advisory Committee of industry experts with the aim of encouraging knowledge sharing and exchange on how institutions and business can leverage the principles of ESG and the power of financial technology to accelerate further industry advancement. The Advisory Committee is headed by Mr. Yaser Alsharifi, CEO of BisB, along with participation from senior representatives from the Central Bank of Bahrain, RFI Foundation, Bahrain Institute of Banking and Finance, Al Baraka Group, Aion Digital and Bahrain Chamber.

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Commenting on the partnership, Mr. Jawad Mohamed, Chief Executive Officer, Solidarity Bahrain, commented, “We are delighted to announce our partnership with IFID for the second consecutive year. Solidarity Bahrain, being a significant contributor to the Islamic financial services sector, remains committed to fostering innovation and progress, both internally and throughout the industry. With the rapid evolution of technology in the financial services sector, particularly in insurance, we are eager to share our accomplishments and insights, including the advantages of adopting and implementing ESG practices, which have enabled us to achieve sustainable growth and value for our diverse stakeholders.”

Ms. Zahraa Taher, Managing Director of FinMark Communications, the Forum’s organizer, added, “We are very pleased to announce Solidarity as the Insurance partner for IFID 2023. Their ongoing support for the Forum and industry innovation continues to make a significant impact. We look forward to their contributions and sharing with our audience lessons from their many pioneering achievements in Islamic insurance.”

For more information on how to partner with IFID and take part, please contact FinMark Communications on: +973 38831386 or info@ifid-bh.com.

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