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
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.