Islamic Banking
A flexible and efficient award-winning solution enabling Shari’ah compliant innovation, scalability and digital engagement with your clients.
Islamic Banking Solution
Deliver an outstanding Shari’ah compliant experience to your customers using a combination of digital and human interaction, leveraging advanced graphical product building capabilities and modern technology to create offerings that are compliant and personalized while reducing your operational costs and risks.
Compliant
Temenos Islamic Banking is fully compliant to Shari’ah requirements, processes and accounting entries. It is parameter-driven, enabling banks to adapt it to their own specific compliance requirements.
Comprehensive
Temenos Islamic Banking covers all areas of banking, from retail to corporate, private wealth and inclusive banking with rich functionality across all verticals.
Enable Innovation
With its flexible product builder, Temenos Islamic Banking allows financial institutions to create a wide range of products while facilitating innovation and a fast time to market.
Digital
Built on the best digital platform as selected by Ovum, enabling banks to face digital challenges and competition.
Scalable
Temenos Islamic Banking serves small financial intuitions and the largest banks in the industry using the same software. It benefits from significant investment in banking technology, ensuring it is up to date and future proof.
Measurable Success
6 MONTH
6 month implementations
2 x
2x the bank capital
80 +
80+ Islamic Banking installations
# 2
#2 Islamic Banking IBS Intelligence Sales League Table 2019
Read Success Story“We are delighted to appoint Temenos as our strategic technology partner for our digital transformation. Temenos digital banking platform will enable us to transform faster, drive out complexity and lower our overall total cost of ownership. Temenos has a worldwide reputation for robust, innovative banking software and an extensive presence and commitment in Saudi Arabia. With Temenos we will be able to introduce new and innovative products more quickly and help reduce operational costs, as well as offer a cutting-edge digital experience to our customers.”
Mr. Waleed Al Mogbel, DCEO – Al Rajhi Bank
Products
Customer Success Stories
AIB – Success Story
Al Rajhi – Success Story
Alejma’a Alarabi Bank – Success Story
read press release“Temenos Transact has had a positive impact on our business. It has enabled the bank to automate and streamline processes and improved the bank’s overall operations’ flow. We are delighted with the latest release of Temenos Transact, which will continue advancing the bank’s productivity with its functional and technological enhancements. With the new Temenos Transact release, our plan is to further enhance the bank’s investment management and profit management capabilities for Mudaraba and Wakala accounts. In addition, we plan to expand our Islamic derivatives products, and progress our Islamic mortgage financing.”
Mr. Saif Al Dhaheri, COO – Al Hilal Bank
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