New Iraqi bank Al Mustashar goes live with ICSFS core system
Platform was launched and rolled out in three months.
Islamic Banking
Top ten banking tech case studies in 2018
Banks and FIs from around the world share their tech modernisation experiences.
Hammurabi Commercial Bank in Iraq signs for ICS Banks
As the core banking supplier extends its footprint in Iraq.
Ahli United Bank signs up for retail payments with AFS
Utilising Android as PoS.
ITS gains first core banking system client in Tajikistan, Sohibkorbank
Sohibkorbank to implement ITS’s flagship Ethix core banking system.
Temenos gains new core banking tech client in Libya, Alejma’a Alarabi Bank
The project will be carried out by Temenos’ regional partner Prema Consulting.
Wahed Invest obtains $8m from existing investors
It claims to be the first Islamic fintech start-up to reach a valuation of $100 million.
Al Rajhi Bank signs for Murex treasury tech
One of the world’s largest Islamic banks signs for Murex’s MX.3 platform.
Al Salam Bank Bahrain revamps mobile banking with Clayfin
ASBB has launched a new mobile banking solution underpinned by Clayfin’s technology.
Bank of Khyber in new core banking system search
BOK looks to replace the Bank Essentials core from Sidat Hyder.
New bank in Morocco opts for Path Solutions’ iMAL core banking system
Start-up Islamic bank Bank Al-Tamweel Wa Al-Inma (BTI Bank) implements new front-to-back office tech.
MoneeMint to become Europe’s first ethical digital bank
Ummah Finance rebrands as MoneeMint to bring “fresh banking experience” to millennials.
Case study: Afghanistan International Bank – the road to hope
Afghanistan International Bank faces challenges far more extreme than for most of its counterparts around the globe.
Wahed Invest launches digital Halal investment platform in UK
All in good time for the first day of Eid.
Morocco’s Attijariwafa Bank chooses Path Solutions’ core system
Bank Assafa (subsidiary of Attijariwafa Bank Group) is Path’s third client in the country.
Albaraka Türk bank targets Europe with insha app launch
Aimed at Turkish citizens and Muslims living on the continent.
Al Baraka Bank Lebanon kicks off core banking revamp
It is a long-standing user of Misys’ (now Finastra) Equation.
Maalem Financing moves to Path Solutions’ iMAL Islamic core banking platform
Saudi Arabian firm will replace legacy systems.
KFH Bahrain launches digital platform Jazeel
“Great” news from Manama.
Interview: Jean-Michel Hilsenkopf, Temenos – seeing things differently
Discussing the major themes in digital banking today.
Soneri Bank live on Temenos T24 core banking system
Pakistan-based Soneri Bank now running on Temenos’ T24 (R16).
Gatehouse Bank launches Islamic home financing platform
Underpinned by a bespoke case management solution, based on BEP Systems’ Apprivo2.
Silkbank completes core banking tech upgrade
Silkbank in Pakistan now on the R16 version Temenos’ T24 core banking system.
Al Jazeera Finance live with new core banking system, Ethix from ITS
Path Solutions’ iMAL out, ITS’s Ethix core banking system in, at Al Jazeera Finance in Qatar.
Trustbank Amanah goes live on Path Solutions’ iMAL core banking system
The first Islamic bank in Suriname opts for system from Path Solutions.
Growth, wealth and modernisation drive fintech innovation in MENA region
An interesting place to be a bank or a fintech!
Challenger bank Ummah Finance seeks CTO
UK-based start-up Ummah Finance looking for a CTO and other senior execs to join its team.
Al Hilal Bank selects SunTec to sidestep VAT law splat
Will use Xelerate solution for the management of the newly introduced Value Added Tax (VAT) regime.
Central Bank of Bahrain’s fintech sandbox heats up
Welcomes three new faces – investment service Wahed, BitArabia and online Bitcoin exchange Belfrics.
Crealogix moves on Middle East with Innofis acquisition
Swiss firm buys 100% of Innofis – a digital banking supplier for the Middle East.
Path Solutions beats ICS Financial Systems to core banking system deal in Iraq
Al-Rajih Islamic Bank, a greenfield bank in Iraq, has signed for the iMAL core banking system from Path Solutions.
Al Baraka Banking Group signs for Path Solutions’ iMAL core banking system
Bahrain-based Al Baraka Banking Group (ABG) has signed to implement the iMAL core banking system from Path Solutions at four of its 15 international subsidiaries.
New live site for ICS Banks core banking system in Iraq
Al-Thiqa Islamic Bank has gone live with new core banking software, ICS Banks, supplied by ICS Financial Systems (ICSFS).
Finastra gains new digital banking tech project in Libya
Libya-based Bank of Commerce and Development (BCD) has signed for Finastra’s front-end software to launch a new online and mobile banking platform.
Al Qurtas Islamic Bank live with new core banking system, BML Istisharat’s ICBS
A start-up bank in Iraq, Al Qurtas Islamic Bank, has gone live with its core banking system, ICBS, supplied by a Lebanon-based banking tech vendor, BML Istisharat.
Panin Dubai Syariah selects ICS Banks core banking platform
Panin Dubai Syariah, an Islamic bank in Indonesia, has selected ICS Banks core banking platform from ICS Financial Systems (ICSFS) to replace its legacy tech.
Zain Bank signs for Path Solutons’ iMAL core banking system
Zain Iraq Islamic Bank for Investment and Finance, a start-up retail bank in Iraq, has opted for the iMAL core banking system from Path Solutions.
ITS gains first core banking system deal in Morocco
Morocco-based Al Akhdar Bank, a joint venture of Crédit Agricole and Islamic Corporation for the Development of the Private Sector (ICD), has signed for a new core banking solution, Ethix, supplied by International Turnkey Systems (ITS).
International Islamic Bank live with new core banking system
International Islamic Bank (IIB), a greenfield bank in Iraq, has gone live with the ICS Banks core banking system from regional developer ICS Financial Systems (ICSFS).
Meezan Bank in core banking system upgrade with NDC and Temenos
Meezan Bank, the largest Islamic Bank in Pakistan, has upgraded its core banking system, Temenos’ T24, to release 16.
