ISLAMIC BANKING

We cover Islamic banking products based on the nature of the business and in line with regulations set by the Sharia board they follow. Hence, products are accordingly proposed based on the nature of the contract in adherence to Sharia compliance. The range of products may range from the following for different financial transaction. Type of products could vary from:

• Mudaraba,
• Murabaha,
• Istisna,
• Ijara,
• Wakala,
• Musharaka

We offer financial institutions the services of setting up technology solutions in line with the principles of Islamic banking adopted. The range of services include:

• Training on Islamic banking products
• Business analysis studies as per Sharia
• Requirement specifications developed as per applicability
• Business requirement documents in line with Sharia and Business needs
• Technical specifications
• Policy and Procedures for Islamic products
• Functional Specifications for Products
• Process Flow diagrams to support products or services