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ITS Kuwait Head Office

Mubarak Al Kabeer Street ITS Tower, Kuwait City P.O.Box: 26729 Safat 13128 Kuwait
Kuwait City
KW

ITS Bahrain Office

OFFICE ADDRESS: Le President Tower, 4th, 5th and 6th floor, Bldg.#2347, St. 2830, Bl. 428, Seef District P.O. Box: 1344 Manama, Kingdom of Bahrain
Manama
BH

ITS Egypt Office

OFFICE ADDRESS: 71 Mosadaq St., Export Development Bank, 1st and 2nd floor, Giza, Dokki P.O. Box: 12311 Cairo, Eygpt
Giza
EG

ITS Lebanon Office

ITS Tower, Mubrak Al Kabeer Street,
Kuwait
KW

ITS Qatar Office

ITS Tower, Mubrak Al Kabeer Street
Kuwait
KW

ITS Dubai Office

OFFICE ADDRESS: Gulf Towers, 5th A2, near Canadian Specialist Clinic, Oud Metha Road P.O. Box: 8687 Dubai, UAE
Dubai
AE

ITS Riyadh Office

ITS Tower, Mubrak Al Kabeer Street, Kuwait City
Kuwait
Kuwait
KW

Egypt (ITS-GBS) Office

Free zone, Street 11, Block H
Nasr City
EG

Telephone

009652409100

Contact

Samer N Eid
[email protected]
Back to all International Turnkey Systems announcements

World Islamic Banking Conference to shape the future of Global Islamic Finance Industry

ITS to showcase flagship Ethical Islamic Banking Solution to Increase Profitability and Performance

The World Islamic Banking Conference (WIBC), taking place in Bahrain, is set to act as platform for driving change within the finance industry as leaders are poised to discuss ethical banking solutions and growing Islamic financial institutions.

Under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa, and supported by the Central Bank of Bahrain (CBB), the event will be taking place at the Gulf Convention Centre, Gulf Hotel 3-5 December.

A pioneer in Islamic Finance solutions, International Turnkey Systems (ITS), an integrated IT solutions and software services provider, is one of the companies that will be leading discussions at the conference.

Haitham Abdou, Head of Global Financial Solutions at ITS Group will be taking part in a panel discussion on ‘Business and Operational Transformation: Improving Performance and Profitability’, specifically focusing on technology implementation.

“Shari’a compliant Islamic banking around the world has witnessed a surge in recent years as the global economy continues in search of a financial system that promotes sustainable growth in the aftermath of the financial crisis. While this growth has developed a surge in innovation in the finance industry, the majority of technology and software solutions are still designed for conventional financial institutional structures,” said Haitham Abdou. “ITS’s Shari’a compliant ETHIX platform can be seamlessly incorporated into an Islamic financial institution to enable the organization to compete more effectively against its’ conventional banking counterparts. In order for the Islamic finance industry to continue growing at this fast pace, institutions need to explore the ways in which they can integrate ethical Islamic solutions with their existing core banking software infrastructure.”

ITS’ flagship Islamic financial technology suite is widely recognized as the most comprehensive, flexible and scalable Islamic banking solution worldwide. Described as a premier total banking solution catering to tier one banks, ETHIX was developed in accordance with Shari’a guidelines. It empowers Islamic banks to improve operational efficiency and reduce cost of ownership in specific areas of Islamic banking, while maximizing opportunities for growth.

With 1,300 participants attending from over 50 countries, WIBC is the worlds’ most influential annual gathering of international Islamic finance leaders shaping the current dialogue between Islamic and conventional banking.