Aafaq Islamic Finance, an award-wining and a leading provider of Sharia-compliant financial products and services, successfully delivered an insightful presentation on the topics of "Risk Management Practices in Banks" and "Immersive Technologies: Challenges and Opportunities in the Service Sector" to MBA students from Ajman University that took place at the DIFC Innovation HUB in Dubai.
The event provided an enriching learning experience for the students, offering valuable insights into risk management practices in the banking industry and the transformative potential of immersive technologies in the service sector. Aafaq Islamic Finance, known for its expertise in Islamic finance and commitment to innovation, presented cutting-edge knowledge and real-world examples to help the students deepen their understanding of these crucial subjects.
The session on "Risk Management Practices in Banks" delved into the intricacies of risk identification, assessment, and mitigation strategies employed in the banking sector. Aafaq’s Senior Vice President – Credit, Mr. Darryl D’Souza shared his insights and experiences, highlighting the latest industry trends and best practices in this critical area. The students engaged in interactive discussions and had the opportunity to explore case studies that showcased effective risk management techniques.
In the second part of the presentation, "Immersive Technologies: Challenges and Opportunities in the Service Sector," the students gained a deeper understanding of how immersive technologies such as virtual reality (VR) and augmented reality (AR) can enhance customer experiences and drive innovation in the service industry. Aafaq’s Chief Technology Officer, Mr. Ravindran Ramiah provided his valuable insights into the challenges and opportunities presented by these technologies and shared examples of successful implementations, inspiring the students to explore new possibilities for their future endeavors.
Mr. Hisham Hammoud, CEO of Aafaq Islamic Finance, added, "At Aafaq, we believe in empowering the future generation with the tools and insights they need to thrive in the evolving financial landscape. By providing them with valuable insights, we are confident that we are contributing to their professional development and preparing them for success."
The presentation was delivered by a distinguished panel of Aafaq Islamic Finance's industry experts, who possess extensive knowledge and practical experience in risk management practices and immersive technologies. Through their engaging delivery style, the experts ensured that the students were actively involved in the session, creating an environment conducive to learning and knowledge exchange.
The event took place at the DIFC Innovation HUB, a dynamic hub of innovation and collaboration in the heart of Dubai's financial district. The participation of Ajman University MBA students was commendable, with a large turnout of enthusiastic learners eager to gain insights from industry leaders.