Islamic Banking Systems

Islamic Banking is a system of banking compliant with Islamic Sharia law. A fundamental difference is that the charging and receipt of interest is forbidden in Islamic law (Usury).

Company: Finastra
Create the future of your Financial Institution. Banking software solutions for a fast-evolving market Retail banking is changing at unprecedented speed. Success depends on satisfying the demands of the digital-savvy consumers and leveraging emerging technologies, while complying with tougher regulations – and constantly innovating. It’s a tough to-do list. Finastra retail ...
ETHIX-Sukuk is the system of choice for banks and financial institutions that want to cut cost and time by consolidating their investment business into a single platform allowing ease of access. ETHIX-Sukuk is a comprehensive and highly customizable system that enables banks and investment institutions to manage the full cycle of Issuance of Sukuk and the trading of Sukuk. ETHIX-Sukuk ...
ISLAMIC BANKING & ETHIX-FINANCE Islamic Banking is one of the fastest growing sectors in the global financial services industry today. Islamic banking has emerged as a new reality in the international financial scene. Even in the midst of a global economic crisis, Islamic banks have weathered the storm proving its stability and effectiveness. Driven by strong demand on both the ...
Profit distribution is a very critical function, which has large effect on the bank’s reputation and market share. Most of the customers, depositors and investors are always looking for a low risk investment with a higher profit rate, to secure their money with a good return. Few investors have an appetite for higher risk investments. Accordingly, banks are looking for an accurate way to ...
Data Archiving is a process of ooading the unused/inactive/dormant data from the online database and store it in an alternate storage system, such as magnetic tapes or hard disks. Archiving has many advantages like performance improvement, availability of storage space, reduced maintenance costs, etc. Though archiving has advantages, organizations cannot create archives at any time it desires. ...
Company: Profile Software
Introduction FMS.next Universal banking is an award-winning platform that delivers flexibility and immense functionality for the needs of established and modern banks. It is being utilised by ...
ICS BANKS® ISLAMIC is a modular fully integrated solution designed and developed following the ...