Path Solutions: iMAL
iMAL is a new generation of comprehensive Enterprise Islamic Banking and Investment Sys-
tem addressing the in-depth business functionality and the state-of-the-art technology in a
single, highly integrated front, middle and back office system, providing an effective Straight
iMAL is based completely on the Sharia guidelines and is AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions)-certified and IAS (International Accounting Standards)-compliant.
iMAL offers Islamic financial institutions a comprehensive solution addressing all their business requirements.
The solution offers full support to various functions within the organisation including:
• Core Banking
• Fund Management
• Portfolio Management
• Assets & Liabilities Management
• Profit Calculation
• Accounting & MIS
• Fixed Assets
• Personnel & Payroll
• NostroVostro Management
• Trade Finance
• CIF Management
• Facilities Credit Operations.