Solutions

Finacle Islamic Banking Solution

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.

Islamic Banking Journal	Thought Papers
While conventional and existing banks leverage an established market, setup and practice to present Islamic banking offerings, newly set up banks are technologically agile and offer innovative and complex products to attract and steer customers away from established players… Interview Somnath Menon Head of Operations, Mashreq Bank	Banking on Faith: Islamic Banking in the Middle East: Islamic banks are on the threshold of a historic opportunity. However, to deliver on the promise they need to address certain issues… Hit the Road Running: Pre-configured Banking Framework A pre-configured, fully integrated banking framework that enables rapid go-to-market for the business and its offerings must include certain key essentials to optimize fitness-for-purpose… Risk and Compliance Management in Islamic Banking: Unlike conventional banks, Islamic banks share business risks with investors and borrowers. The fundamental difference between conventional and Islamic banking, from a risk perspective, is in the nature of risk sharing.