The FIKRA ACE - Accelerator is a platform for fintech companies to develop innovative solutions that may contribute to the advancement of the Islamic finance, particularly Islamic capital market - through a structured six (6) to eight (8) weeks accelerator programme.
Upon completion, the programme aims to ensure that participants will have at least a tested proof of concept (POC) and sourced for potential collaborations with industry partners.
Business matching opportunities with Industry partners
Selected participants will have the opportunity to test out solutions with industry partners and potentially embark into commercial arrangement upon successful POC/Minimum Viable Product (MVP)
Last mile connections to scale business to a higher stage
Selected participants will receive access to support from collaborative partners through structured programmes for market access, visibility, funding facilitation and professional development
Ecosystem development and connectivity
Participants will be included in a network of relevant stakeholders in the Islamic fintech space through FIKRA ACE - Circle - an alliance of fintech community to discuss further developments and issues in the industry and to explore opportunities for business matching and expansion
Consultation and potential facilitation by regulators
Participations will have the opportunity to engage with the SC for feedbacks on area of solution development, regulatory requirements or other relevant matters pertaining fintech in the capital market industry.
The accelerator programme is targeted for fintech companies with potential solutions and ideas that may contribute to Islamic capital market in the following areas (but not limited to): Islamic social finance, Shariah-compliant Sustainable and Responsible Investment (SRI) and Islamic fund and wealth management advisory.
