Solutions

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Islamic Banking

Finacle Islamic banking solution offers an integrated and comprehensive approach for banks to define and present Shariah-compliant products to customers. Strong product definition features, support for Islamic accounting and complete traceability for audit differentiate the solution. Completely self-contained, it is replete with the accounting backbone to support back office functionalities and provides Straight Through Processing (STP) capabilities on a SOA platform.

A single solution built on the standard technology infrastructure available for conventional banking, Finacle Islamic banking solution addresses both Islamic banking and international needs. Developed with incisive insight into the Middle East, Far East and European markets, the solution is truly geared to address region-specific Islamic banking requirements.

 

 

 

 

 

 



Related Information

Interview

Somnath Menon
Head of Operations,
Mashreq Bank
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Islamic Banking Journal

With Islamic banking growing at nearly double the pace of conventional banking, it is not surprising that banks in the Middle East as well as several international banks are entering the fray.
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Articles

Islamic Banking: The Emerging Experience
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Risk & Compliance Management in Islamic Banking
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Banking on Faith: Islamic Banking in the Middle East
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