Session 3: Digital Assets, Digitalization and the Evolution of Islamic Financial Services

The digitalization of Islamic financial services: what is working, what is viable and what is not? What do the answers to these questions mean for the evolution of Islamic financial services in Saudi Arabia?Does digitalization allow us to better address issues such as product authenticity and the minimization of uncertainty?Is the success of neobanks inevitable, and how will they change the market?How will the development, provision and distribution of digital Islamic financial services evolve in the near-term?How are global regulators creating an environment for the enhancement of the Islamic financial services’ sector digital infrastructure?Beyond retail: developing and distributing effective and attractive suites of Shariah compliant digital wealth management, investment and insurance solutions.The development of systems and software for Islamic banks: driving scale, integrity and efficiency.The tangible benefits of peer-to-peer lending and equity crowdfunding: how these key technologies can be further applied to today’s banking and financial markets.The evolution of robo-advisory and digital investment managers: threat to or opportunity for incumbent money managers?How are Stablecoins, non-fungible tokens, utility tokens, equity tokens and other digital assets being applied to global financial markets?What is the potential for new and structured products based on cryptocurrencies for the global market: ETFs and complex leverage mechanisms such as DeFi?