About

The Innovation 4 Impact Competition has been designed as a global platform for participating entrepreneurs to present their business, products or services to an expert panel, as well as to an audience comprising prominent entrepreneurs, trade visitors and opinion leaders.

Eligibility

GET RECOGNIZED FOR YOUR OUTSTANDING BUSINESS

ARE YOU ELIGIBLE TO COMPETE?

The Innovation 4 Impact competition is open to any company, and to digital entrepreneurs of all faiths. Only business ventures which have an economic and social impact on the Islamic digital economy will be considered.

Potentially disruptive ideas should be from one of the following areas (propositions do not have to be confined to being mobile solutions):

In order to be eligible for Innovation 4 Impact 2016, your business objectives should comply with our criteria.

You must be at least 18 years of age and can be from anywhere in the world.

2015 Judges

Group Chief Executive Officer

Dubai Islamic Bank

Dr. Adnan Chilwan

Senior Vice President

Dubai Silicon Oasis Authority

Badr Buhannad

Managing Partner

Middle East Venture Partners

Ihsan Jawad

Philanthropist and Media Personality

Muna Abu Sulayman

Dr. Adnan Chilwan

Group Chief Executive Officer

Dubai Islamic Bank

Dr. Adnan Chilwan is a leading authority in the field of Islamic Banking & Finance and credited as a pioneer of change and innovation. With a career spanning nearly two decades at reputed conventional and Islamic banks in the GCC, Adnan currently serves as the Group Chief Executive Officer of Dubai Islamic Bank, the world’s first Shariah-compliant player, and the largest Islamic bank in the UAE.

A respected leader in the industry, Adnan has been recognised by key organisations for his efforts in driving the globalisation of Islamic Finance. He has a number of accolades to his name: Forbes Middle East named him in its list of ‘Top Indian Leaders in the Arab World: Executive Management’ for two years running; he ranked 4th in the Top CEO 2015 Awards; he was named ‘Banking CEO of the Year’ at the prestigious Indian CEO 2014 Awards; he was given the Official Scarf Golden Medallion of ‘Wise Leadership’ at the 2014 Tatweej-Arab Business Awards; GIFA honoured him with the acclaimed ‘Islamic Banker of the Year’ award in 2014.

Adnan holds a PhD and an MBA in Marketing, in addition to being an Associate Fellow Member of the Islamic Finance Professionals Board, a Certified Islamic Banker (CeIB), and a postgraduate in Islamic Banking & Insurance.

Badr Buhannad

Senior Vice President

Dubai Silicon Oasis Authority

Badr Buhannad joined DSOA in 2013 as Senior Vice President, Audit & Risk Management. In this role, he has been responsible for establishing an independent and objective Audit & Risk Management Unit. He ensures that the unit functions based on international auditing standards. He is also responsible for the development and achievement of the Risk Based Internal Audit Plan (RBIA) and the implementation of Enterprise Risk Management (ERM) within the organisation.

He plays a role in achievement of the organisation’s goals by aligning the Audit & Risk Strategy with organisational goals and also contributing to strategic decisions in DSOA.

Ihsan Jawad

Managing Partner

Middle East Venture Partners

Ihsan Jawad is a Managing Partner at Middle East Venture Partners. He is also a Partner at HBT Ventures. Prior to joining HBT Ventures, Ihsan founded Zawya Limited in 2000 and served as its Chief Executive Officer until 2010. At Zawya, he oversaw the Zawya Limited's tremendous growth from start-up phase to becoming one of the leading business information services in the MENA region. He left Zawya in 2010, moving to Thomson Reuters. He left Thomson Reuters in 2012 to co-found HoneyBee Tech Ventures.

Prior to Zawya, Ihsan served as an Investment Banker at Merrill Lynch and previously, at Citigroup (formerly Schroeders). He is a Founding Board Member of the Gulf Venture Capital Association and has a keen interest in regional entrepreneurship. Jawad received a B.Sc. and Masters in Physics from Imperial College, London.

Muna Abu Sulayman

Philanthropist and Media Personality

Muna AbuSulayman is an award-winning Arab media personality and co-host of a top Arab TV programme on social issues, Kalam Nawaem, a show that focuses on Arab families and empowerment. She has been named one of the most influential Arabs, as well as one of the most influential Muslims in the world in numerous publications from 2009 to the present due to her unique and diverse cross-sector work experience in management, education, sustainable development, Islam/West relations, and female empowerment.

She has spoken at the World Economic Forum, the UN, and the World Bank on sensitive issues, such as “Media Leadership in the Arab World” and “Monetization of Motherhood.” Most notably, Muna has successfully launched, managed, and scaled multiple businesses and runs a consultancy that focuses on finding “Big Ideas that Work” to solve problems in education, transportation, gender issues and entrepreneurship.

2015 Finalists

Envision Business Consulting Ltd

Connectloud Inc

Hajjnet FZE

Offermoments

Skolafund Pte Ltd

Envision Business Consulting Ltd

Envision and CashRun Inc has joined forces to transform revenue protection and digital payments fraud market for online retailers who are trying to grow their cross-border online sales. The result is 'CashShield'. An award winning Software as a Service, cloud based optimised transaction verification tool that does not only stop fraud, but also helps business growth.

CashShield was designed to save customers chargeback losses and refunds due to online fraud. CashShield now does not only do that, but also guarantees online retailers 100% chargeback guarantee which is an unprecedented world first offer. http://www.cashshield.com

Connectloud Inc

The uCloud product is a game changer Cloud and Software Defined Networking Platform that creates a fundamental shift in IT economics. Connectloud uCloud platform is a cloud based subscription service, which provides an in-house AWS-like environment with Software-Defined Networking (SDN) capabilities.

The self-service configuration is highly automated, with capacity provided on-demand, in a highly scalable fashion. The provisioning and operations are rapidly optimized as per user requirements. The service-oriented feature leads to increased resiliency and availability. Award winning solution for best cloud Innovation in north america from Frost & Sullivan. Recognized and covered by top tier analyst like Forrester and Gartner. Connectloud has 100 software patents associated with Cloud and Software Defined Platforms.http://www.connectloud.com

Hajjnet FZE

Hajjnet employs technology to make Islamic faith fulfillment more safe, informed and convenient – while keeping users more connected to their faith and each other.

We have a focus on the Hajj and Umrah pilgrimages. Of the range of acts required in our faith fulfillment they fall on the far end of the spectrum of complexity and unfamiliarity.

Hajj requires travel, can be very expensive, is performed simultaneously by millions over a 5-day period and in addition to this is a complicated sequence of hundreds of rituals. Risk of injury, exhaustion, and infectious diseases during this period is acute and there is no common language. Most are unclear on the process increasing their confusion and fear. http://www.hajjnet.com/en

Offermoments

OfferMoments makes billboards change as you walk past displaying your best pout with offers you’ll love & an app that learns about you. OfferMoments turns boring irrelevant digital screen ads on its head. It’s now about the consumer’s interests.

OfferMoments is one of the most exciting things you’ll see in retail advertising, imagine seeing your face and name on digital billboards as you walk through shopping centres with offers of things you love, in your size, in your price range, at the right time, in the right place. OfferMoments is a 3 way platform. It is a microlocation app that allows the consumer to pick up and redeem offers at nearby retailers who have installed our iBeacons.

The OfferMoments digital screens pick up passersby using the app and is able to display adverts and products relevant to those nearest to the screens or walking towards it. Each screen learns about the passerby and passes information to the next screen to better engage the approaching consumer.http://www.offermoments.co.uk

Skolafund Pte Ltd

Skolafund was launched in Malaysia & Singapore in April 2015. It allows less-privileged undergraduates who have been accepted or currently enrolled into a university to set up a crowdfunding campaign to crowdfund their scholarships.

Each student will have 30 days to crowdfund one year's scholarship at a time. We also have a feature called "Create-your-own-scholarship" which enables the more affluent donors or companies to yse our platform for an easy & effective way to create,market and manage their own scholarships. This is a great opportunity for corporates to take in good talent into their businesses.

Skolafund was amongst 10 fintech startups selected out 300 fintech startups, to undergo the Startupbootcamp Fintech Accelerator programme in Singapore, being the youngest team and the only one from Southeast Asia. http://www.skolafund.com

Organisers

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