Recognised as the most notable expression of Islamic philanthropy, waqf is the voluntary, permanent and irrevocable dedication of a portion of one’s wealth – in cash or kind - to Allah. Standing out as one of the greatest achievements of Islamic civilization, waqf is a philanthropic foundation, with the mission of maximizing the value of endowments.

Given the rise in the continuous innovations and disruptions happening in the financial and technological terrain, Islamic finance, including waqf principles are being forced to manoeuvre and reinvent themselves especially in terms governance and regulations so as to remain relevant especially since they constitute as a major socio-economic institution in today’s financial market. It is crucial for key players from the financial industry to stay updated on the latest Fintech and blockchain trends.

It is for this reason, FINTERRA and International Centre for Waqf Research (ICWR-IIUM) are jointly organising the International Waqf and Blockchain Forum (IWBF2018) to highlight and explore the transformative potential of blockchain for the sustainable development of waqf.

With the theme of “Harnessing the Power of Blockchain technology for the Global Development of Waqf”, this forum will serve as a platform to explore the boundaries of new waqf developments and initiatives. It will shed light on new thoughts and ideas, in the quest for transformation and management of a sustainable socio-economic path for Muslim nations across the entire globe. The overall objective of International Waqf and Blockchain Forum 2018 is to establish clarity and a collective understanding of the potential of blockchain technology for supporting the facilitation and development of waqf on a global scale whilst also promoting new economy alternatives to enhance Muslim unity.

An improvement in these key sectors would provide us the key to that treasure trove which is lying scattered everywhere in the whole of the Muslim world and which could only be unlocked through good governance and economic development.

The massive growth of the financial technology industry rolled along in 2016 due to a host of new financial industry trends and numerous Fintech investments. With all that growth, it's crucial for key players from the financial industry to stay updated on the latest Fintech and blockchain trends.

FINTERRA is a cloud based financial services platform designed to harness both individual and corporate financial needs in a seamless and integrated platform. The creative brainchild of a round table of visionaries set out to make finance simple again, FINTERRA integrates time tested financial services and cutting edge financial technology on a blockchain ecosystem enabling transparent, accountable and secure financial services. .

Headquartered in Singapore, FINTERRA’s global presence spans in Hong Kong, Kuala Lumpur, and continues to expand its growth into Abu Dhabi, Dubai, Geneva, and New York. Established with the aim to promote community growth and development, FINTERRA offers a truly global, fully inclusive financial platform that aims to bridge the gap between consumers and providers. Users in the FINTERRA ecosystem are able to use their FIN on e-commerce platforms for a wide range of financial services. It offers the world’s first borderless block chain driven, zero fee cloud based platform.

INTERNATIONAL CENTRE FOR WAQF RESEARCH, IIUM (ICWR-IIUM) ICWR is an international research centre at International Islamic University Malaysia (IIUM) focusing on research activities relating to waqf and endowment. Since its establishment in 2013, and together with its strategic partners, it has organized 5 Global Waqf Conferences in Kuala Lumpur (2013), Istanbul (2014), Moscow (2015), Swansea (2016) and Pekanbaru (2017). Through organising these series, ICWR has stimulated global discussions on all issues relating to waqf and has propelled waqf as the most feasible alternative to replace the modern capitalist system that has failed to alleviate poverty and ensure economic and social justice. The strength of ICWR lies in the fact that it is an international research centre, focusing particularly on issues relating to waqf governance and it works with many strategic partners including other universities, NGOs and government agencies in Malaysia and abroad.

ICWR operates on the belief that waqf is not only about fiqh or the Islamic economy but more importantly, requires capacity building in all professional spheres, requiring effective and dynamic implementation through synergy, interface, innovation and co-creation of Shariah-compliant concepts to enable it to operate within all legal and economic systems in the world today. ICWR is manned by a director, a centre coordinator and a number of associate researchers and input specialists from within and outside IIUM. It has an office at the ground level of Ahmad Ibrahim Kulliyyah of Laws, IIUM which contains a resource centre that houses a good collection of books, articles and reports on waqf, endowment and Islamic finance which is often visited and referred to by waqf scholars in Malaysia and from abroad. ICWR also organizes a regular monthly talk series on waqf where speakers from among scholars and practitioners are invited to share their thoughts and ideas on waqf, its management and development.




List of speakers

  • Dato’ Prof. Dr. Azmi Omar

    President & CEO - International Centre for Education In Islamic Finance

  • Assoc. Prof. Dr. Magda Ismail Abdel Mohsin

    Associate Professor at INCIEF

  • Dr Farrukh Habib

    Researcher International Shari’ah Research Academy for Islamic Finance (ISRA) Malaysia

  • Dr Lahsasna Ahcene

    VP, MFPC, Shariah Advisor of Maybank Islamic & Chairman of Group Shariah Committee of ETIQA

  • Mr. Syed Hamid

    Founder & CEO - FINTERRA Blockchain

  • Hj Mazlan Ahmad

    Executive Chairman – Finterra




Date: THURSDAY, 1st MARCH 2018

Time: 7.30AM – 5.30PM


Bank Rakyat Twin Towers


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The International Waqf & Blockchain 2018 offers organizations with unparalleled opportunities to connect and reach a large target audience, while also enhancing your organization’s image. Whatever your goals may be, as a sponsor, you will be provided with a platform to reach the maximum number of attendees easy access to communities and offering you global exposure.

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