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: Temenos
IslamicSuite, with its scalable innovative technology, provides superior features for lslamic banks to offer their customers Shari'ah compliant products and services that rival their Islamic or conventional counterparts. Temenos' IslamicSuite customers benefit from increased efficiency and profitability through: Full automation and increased straight through processing rates 31% ...
Company: Temenos
WealthSuite is an integrated software solution for wealth managers. Its highly scalable technology offers integrated, multi-channel, front-to-back office capabilities. How our solution helps WealthSuite is designed to empower your business. The solution is industrializing the investment process allowing you to efficiently manage investments for large numbers of complex portfolios and achieve ...
Company: NETinfo PLC
NETteller is an Omnichannel engine developed by NETinfo PLC that manages all channels of communication centrally, including Internet Banking, Mobile Banking, Kiosk Banking, SMS Banking, Alerts / Notifications, Facebook Banking, Self-Service & Assistive Banking Machines (e.g. ATMs and ITMs), Wearables and Mobile Financial Services (i.e. mobile digital wallet). This creates a seamless user ...
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. ...