ICSFS Named Winner of Best Digital Banking & Finance Software Solutions Provider Award

ICS Financial Systems Ltd, a leading provider of cutting-edge banking and financial software solutions, is thrilled to announce being named the recipient of the “Best Digital Banking & Finance Software Solutions Award” for the year 2023 by World Finance. This recognition highlights ICSFS’ unyielding efforts to delivering innovative and transformative software solutions that drive growth and efficiency for Banks and Financial Institutions around the globe.

ICSFS Named Best Islamic Banking Solutions Provider for the 4th Consecutive Year

For the fourth consecutive year, ICS Financial Systems Ltd. has been recognized by World Finance as the Best Islamic Banking Solutions Provider. This prestigious accolade and the consistent recognition by World Finance Magazine is a testament to the company’s steadfast commitment to excellence. For over two decades, ICS BANKS® Islamic Banking Solution has been setting the industry standard with its comprehensive Sharia’ compliance, scalability, integration capabilities, and flexible deployment options. As the global Islamic banking sector continues to grow, ICSFS remains at the forefront, empowering financial institutions to thrive in a rapidly evolving landscape while ensuring the delivery of exceptional services.

ICSFS Group CEO & MD, Robert Hazboun, Receives his Third Consecutive Lifetime Achievement in Financial Technology Innovation Award from World Finance

ICSFS Group CEO & MD, Robert Hazboun, Receives his Third Consecutive Lifetime Achievement in Financial Technology Innovation Award from World Finance

Robert Hazboun, Group CEO and Managing Director of ICSFS, has been endowed with the prestigious Lifetime Achievement in Financial Technology Innovation award for the third time in a row. The accolade that was presented to him by World Finance, the voice of the Financial Market, celebrates his exceptional contributions and groundbreaking innovations in the field of banking technology.

Do you want to meet the future? World Finance speaks to Mr. Robert Hazboun

Whatever their religious background banking consumers want speed, efficiency and privacy. In other words, a smarter banking experience. The scope of fintech is widening as is the market for its own services and products. It’s getting competitive, but credible transactions need to be handled with much care. So how does Shari’a compliance work in this space now? Who are the main beneficiaries – and when will they see the benefits for real? World Finance gets startling, innovative responses from company managing director Robert Hazboun in an exclusive interview on the cutting edge direction and speed of Islamic Finance in 2023 and beyond.

Al-Busairi Bank Goes Live in Record Time on ICS BANKS® Islamic Banking Software Solution from ICSFS

Al-Busairi Bank for Microfinance was registered and granted a bank licence by the Central Bank of Yemen. The bank will be delivering comprehensive Shari’a-compliant microfinancing products and services to the Yemeni market, and will be implementing ICS BANKS® Islamic Core, Financing Facilities & Risk Groups, Remittances, ICS BANKS® Digital, in addition to a wide range of Islamic banking products.

ICS BANKS® Open Day Summit: Disruption through Agility, A New Banking Era in Iraq

ICS BANKS® Open Day Summit Baghdad Iraq 2023

The ICS BANKS® Summit, which was held in partnership with Oracle on May 21, 2023, at the Babylon Rotana Baghdad, brought together key decision-makers, industry experts, and banking professionals from various banks and financial institutions across Iraq; with an aim at highlighting the key transformative features that comes as part of the ICS BANKS® Solution infrastructure

Alinma Bank opts for ICS BANKS® Islamic Microfinance Solution from ICSFS to launch their operation in Yemen

Alinma Bank for Islamic Microfinance – a privately owned Microfinance Bank recently established in Aden, Yemen, and one of the very first banks to obtain the necessary licensing from the Central Bank of Yemen to conduct Islamic Microfinance activities in the republic; has selected ICS BANKS® Islamic Solution from ICS Financial Systems – ICSFS, the global software and services provider for banks and financial institutions.

ICSFS is Awarded the Information Security Management System (ISMS) ISO/IEC 27001 Certification

ISO/IEC 27001 is the world’s best known Internationally respected independent information security management standard, focused on providing highly effective and integrated frameworks for the standardization of information security protocols, and setting systematic, rigorous, and improved information security policies.

ICS Financial Systems Ltd, (ICSFS), the global software and services provider for banks and financial institutions, was awarded the Information Security Management System (ISMS) ISO/IEC 27001 Standard Certification for the Data Centre, IT Department, and ICS BANKS® Banking Software Solution Services in February of 2023 recognizing the company’s adherence to the highest standards of information security.