As long as people are not taught that water baptism saves a child, no problem.
But is is a ceremony that is not Biblical, so leadership must teach correctly.
I see more support by inference for infant baptism than I do for infant dedications in the NT. But I have never see either side say the ceremony was un-Biblical.
Christ's words, "Go therefore to all the nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit." Or is that missing from your Bible, too?