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Taking ethical banking global
In early 2009, soon after the global subprime fallout, the official Vatican newsletter published a rather contextual referral for Islamic banking, observing that the ‘ethical principles on which...
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Put trust in the cloud says Islamic Bank of Britain COO
Gamil: banks can go further and faster with cloud services Banks should not be afraid to go further and faster in their adoption of cloud computing, says Mohamed Gamil, chief operating officer at...
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Faisal Bank gets to grips with Islamic risks
Islamic banking poses unique opportunities and risks, says SunGard As demand for Islamic banking services continues to rise, Faisal Islamic Bank of Egypt has overhauled its risk management to better...
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Path Solutions gains two new takers of iMAL core banking system
Path Solutions gains new clients for iMAL core system Path Solutions is implementing its flagship core banking offering, iMAL, at Summit Bank in Pakistan and Wifack International Bank in Tunisia. The...
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QIB goes live on Temenos’ T24 core banking system
Gopi Krishnan, CIO at QIB Qatar Islamic Bank (QIB) has finally gone live with a new core banking system, Temenos’ T24, nearly six years after signing the original contract. Gopi Krishnan, CIO at QIB,...
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Bank of Punjab automates Islamic treasury; implements new RTGS system
Bank of Punjab: ” Passion Reborn”… for RTGS and Islamic treasury software Pakistan-based Bank of Punjab (BOP) has extended its partnership with local software vendor Autosoft Dynamics. Autosoft will...
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Sungard out, Path Solutions in at Amãna Bank
Amana Bank in Sri Lanka modernises treasury & asset management software with Path Solutions’ iMAL Sri Lanka-based Amãna Bank has gone live with new treasury and asset management software, supplied...
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Al Hilal Bank’s new CIO looks to collaborate with fintechs
Al Hilal Bank looks to partner with fintechs UAE-based Al Hilal Bank has got a new CIO, Gopi Krishnan. He is calling on fintech CEOs to get in touch “to explore ways to collaborate”. Krishnan moves...
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Islamic Finance House in Temenos T24 core banking system upgrade
UAE-based Islamic Finance House (IFH) has upgraded its core banking system to Temenos’ T24 R14 platform. IFH has been using T24 since its inception in 2004, and says the latest enhancement “has given...
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New bank in Iraq selects BML Istisharat’s ICBS core banking system
New core banking software project for BML Istisharat in Iraq Cortas Islamic Bank, a new Iraqi bank based in Erbil, has selected the ICBS core banking system from regional supplier BML Istisharat. It...
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Emirates Islamic Bank live with new core banking system
Emirates Islamic Bank migrates to new core banking platform Emirates Islamic Bank, a Shari’ah-compliant banking subsidiary of Emirates NBD, has migrated to a new core banking platform, Banking...
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People’s Bank of Zanzibar to overhaul core banking tech with ICS Banks
People’s Bank of Zanzibar in core banking tech overhaul with ICSFS People’s Bank of Zanzibar (PBZ), a state-owned bank in Tanzania, has concluded its core banking system selection. The bank has signed...
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NDC migrates Sahara Bank to new core banking system, Temenos’ T24
New live site for Temenos’ T24 core banking system in Libya Libya-based Sahara Bank has gone live with new core banking software, Temenos’ T24 (R14). The project was carried out by Pakistan-based...
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ICSFS gains new core banking system client in Iraq, Al-Arabiya Islamic Bank
New core banking software project for ICSFS in Iraq Al-Arabiya Islamic Bank (AIB), a greenfield bank in Iraq, has opted for the Islamic version of the ICS Banks core banking system from regional vendor...
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Bank Islam plans digital Islamic banking roll-out
Bank Islam Malaysia Berhad is working with consulting firm Cognizant to lay the foundation for its digital banking platform roll-out across its entire network. Encik Khairul Kamarudin, CEO of Bank...
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