About i-Connect Fintech in Islamic Finance

OBJECTIVES

To create and nurture a conducive innovation ecosystem in Malaysia towards increasing disruptive innovation in Fintech in Islamic Finance

Invites research community to apply for grant focused on deployment phase

The Collaborative Network

i-Connect is an industry led collaborative network that involves quadruple helix (industry, research community, government & civil society)

The objective of i-Connect are:

  • Establish a collaboration network for disruptive innovation (new product/ service/business models) in strategic industry sectors for Malaysia to leverage new economic opportunities to serve emerging markets and expands global reach;
  • Develop knowledge clusters and talent hub that Malaysian industries can engage towards becoming an innovation-led economy; and
  • Enable demand-driven R&D and market-driven delivery system towards enhancing Malaysia’s innovation capacity.

MAIN FEATURES OF i-CONNECT FINTECH IN ISLAMIC FINANCE

Why?

To develop home-grown high-value innovations in fintech for Islamic finance

How?

By bridging the Gap between R&D and business through Knowledge-based Innovation

What?

Create a conducive innovation ecosystem to address the pain points that require (demand) driven R&D

Establish fund to foster innovation and collaboration

Key Focus Area & Problem Statement

Islamic Digital Banking Innovative Solutions

Problem Statements

GRANT APPLICATION PROCESS

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  • 2021

    Application Submission

    Application Submission

    July 13, 2021
  • 2021

    Evaluation and Selection

    Evaluation and Selection

    August 16, 2021
  • 2021

    Project Approval

    Project Approval

    September 16, 2021
  • 2021

    Fund Disbursement

    Fund Disbursement

    October 16, 2021