OMNIEnterprise Islamic Banking Solution

OMNIEnterprise Islamic Banking Solution is an end to end core banking platform designed to cater to the enterprise wide operational & strategic needs of Shariah compliant banks and financial institutions. The system enables an online 24/7 Enterprise, which is seamlessly interoperable across functions and transparent across geographies, products and customers. The system supports Islamic Wholesale & Retail Banking functions, Islamic Investment banking, Islamic Treasury functions, AML (Anti-Money Laundering) and interfaces to data/transaction feeds as required. It is a fully integrated Islamic Banking Solution with multi-entity and multi-currency accounting capabilities. It is a specially designed solution, developed in compliance with Shariah banking laws and addresses the evolving needs of the Islamic Banking and Finance industry.

The solution not only supports instruments such as Murabaha, Ijara, Mudaraba, Musharaka, Istisna, Salam, Wakala, Real Estate Funds, etc, but also highly complex and customized products such as various types of sukuks, structured finance products, commodity and reverse commodity murabaha, swaps and arbouns. Its multi currency accounting general ledger and straight through processing of transactions makes sure that the accounting of each transaction is correctly carried out.