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
Through Processing-STP.

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

• Investment

• Fund Management

• Portfolio Management

• Assets & Liabilities Management

• Treasury

• Profit Calculation

• Accounting & MIS

• Fixed Assets

• Personnel & Payroll

• NostroVostro Management

• Trade Finance

• CIF Management

• Facilities Credit Operations.

Product and service specifications
Database
• Oracle
• Sybase
Language used
• Java
• Other
Operating system
• Windows 2000
• Windows 2003
• Windows 7
• Windows NT4
• Windows Vista
• Windows XP
• Other
Pricing structure
• Other
User interface
• Web
• Other
Tags:
Islamic Banking Solutions Software