Wahed’s aim is to make halal investing accessible to investors from all economic and professional backgrounds. Our commitment to this goal allowed us to join other industry players, scholars and institutions to collaborate as we continue to drive the industry forward.
We are proud to announce that our CEO, Junaid Wahedna is now a founding member of the UK Islamic FinTech Panel.
The FinTech panel aims to provide support to Islamic FinTech providers by creating a community that works in collaboration with the existing public-sector infrastructure. The inauguration meeting will be held this week with an agenda to leverage London’s leading position in support of the Islamic FinTech sector.
As part of the panel, Wahed will facilitate within the following areas:
- Identify the challenges in the sector
- Explore tangible avenues to overcome these
- Build cohesion in the community
- Promote the Islamic FinTech sector
- Drive the policy agenda
London is a leading global hub for FinTech and is a recognized centre for Islamic Finance. By the end of 2017, 10% of Islamic FinTech firms were founded in the UK according to RedMoney group. This makes it the second largest hub after Malaysia, which is an evidence of greater growth potential in this region for this sector.
Wahed is keen on supporting the advancements within the Islamic Finance and FinTech industries to provide the community with the financial services they deserve, which are efficient, and accessible.