Ethiopia’s Hijra Bank signs core banking deal with Path Solutions
The bank will utilise Path Solutions’ iMAL core banking platform.
The bank will utilise Path Solutions’ iMAL core banking platform.
Singapore company, spun out of 3i Infotech, plans end-to-end platform with new assets.
Addis International Bank, Arab Commercial Bank, and OmniBSIC Bank are the new Flexcube takers.
The new challenger is a subsidiary of Kuwait-based Boubyan Bank.
Jordanian bank replacing legacy system with cloud deployment.
Ahmed Albalooshi leaves the Bahraini bank after more than a decade leading its IT operations.
Temenos wins another customer in Pakistan, NdcTech to implement.
ZamZam Bank has selected Flexcube to run its core banking ops.
Mastercard partners with FinGo following Visa’s deal with ADIB.
New system selection hot on the heels of Trustbank at the start of the month.
UAE-based bank seeks to capitalise on customers paying digitally.
The bank claims to be the first in Uzbekistan to offer new Islamic services.
Mobiquity will provide strategy, design and engineering services for digital banking.
Bank of Abyssinia has over 4.6 million customers and 580+ branches and Islamic windows.
The bank was looking for “a proven banking solution to be implemented by a reliable vendor”.
The bank is an existing user of Temenos’ core banking platform.
Former Rizq founder sets up new Islamic wallet app.
Singapore-based Volopay and Malaysia-based Microleap have raised $2.1 million and $3.3 million, respectively.
Upcoming Islamic bank picks Oracle FS to furnish its core operations.
UK’s Islamic finance sector welcomes ALF announcement from central bank.
The central bank will run tests in early 2021.
BML deployed the ICBS core platform in four months.
Technology vendor signs a selection of new clients.
Meezan is deploying SmartVista for payment authorisation, card management, and more.
Oracle has also picked up a new deal in Bangladesh.
The new bank on the block plans to aid financial inclusion in Somalia.
Options UK thinks there is a noticeable gap in the Islamic pension market.
No part of the world has really taken this matter to the next level quite like the Middle East.
The UK is a notable eight ahead of second-place Malaysia.
Last year, the sandbox recieved a record 99 applications.
The Malaysian firm aims to help underbanked in the wake of COVID-19.
Until this announcement, its P2P lending investment service has been exclusive.
The Islamic finance industry is set to grow to $3.8tn by 2022.
The fintech is sharia-compliant and follows AAOIFI rules on gold.
The debit card launch is expected sometime in Q3 following a June beta.
KIB currently serves 1.2 million customers.
Sudan-based bank has signed up Path Solutions and its iMAL Islamic core banking system.
Newly established Iraqi bank picks ICSFS over five other providers.
Rizq plans to benchmark itself as close as possible to existing challengers.
Libyan bank signs for Temenos Infinity and Temenos Transact.