July, 2021

ICSFS Named as Best Islamic Banking & Finance Software Provider for the Second Year in a Row

More Awards & Recognitions

London, United Kingdom:

The latest edition of World Finance magazine is out now, and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Software Provider as part of its 2021 Islamic Finance Awards. ICSFS has been supporting the Islamic banking sector through its Shari’a-compliant ICS BANKS Islamic software solutions, for more than two decades now, with bespoke Islamic products and services that have helped financial institutions to achieve a competitive edge.

ICS BANKS Islamic is fully integrated software, with a powerful Digital platform, that provides Shari’a-compliant products with international standards. With its real-time business processing, and the value-added capabilities of tailoring products, on-premises or on the cloud. It future-proofs banking activities by providing a broad range of seamless and flexible features.

This year global recognition ‘Best Islamic Banking & Finance Software Provider’ received nominations from a wide variety of technology companies and geographies. As diverse as they may be, they all have long-standing track records providing advanced Islamic banking software solutions.

Amongst all submissions and after great deliberation, ICSFS stood out from the rest winning WORLD FINANCE Adjudicating Editorial Panel preference and taking home the 2021 global recognition ‘Best Islamic Banking & Finance Software Provider’. ICSFS dominance is not only due to its expertise and technical know-how, but more notably is due to its dedication to continuous innovation, global market reach, and commitment to servicing Banks worldwide. ICS BANKS software suites are now the fruit of 43 years of innovative hard work that has rightfully lived up to expectations covering all banking activities with cutting-edge reliable technology, customer-centric, easily integrated, and adaptable to changing business environment. To date, the firm boasts with highly skilled professionals, tirelessly offering real-time sustainable after-implementation support to clients around the globe has truly made them worthy of their “Unrivalled Customer Experience” reputation. Our award winner this year needs no introduction, a pioneer from the beginnings grown to become a global force in Fintech, and yet still striving for new accomplishments pushing the envelope to be in every financial market and showing no sign of slowing down.

- David Hann, Projects Director, World Finance Magazine

Many clients’ testimonials stated that ICSFS, with its ICS BANKS® Islamic Banking, has:

  • The strongest, most experienced, and most innovative Islamic banking software solutions
  • Carries full Shari’a-compliant coverage of Islamic finance and banking ecosystem
  • Records the fastest and seamless implementation time,
  • Dynamic product building
  • Lower total cost of ownership (TCO)
  • Lower time-to-market
  • Highest customer satisfaction.
Wael Malkawi, Executive Director of ICSFS

Our ICS BANKS Islamic offers a comprehensive suite of Islamic banking solutions, that enables banks to automate and streamline their products and services, with a strong focus on the banks’ customer needs, technological innovation, and the highest commitment to service quality along with a successful proven record of fast and hassle-free implementation with high security and scalability. Winning the “Best Islamic Banking & Finance Software” from World Finance, for the second year is an additional testament to our success.

- Wael Malkawi, Executive Director, ICS Financial Systems.

ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS® software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS® has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises or in the cloud.

About World Finance

Print and online magazine providing comprehensive coverage and analysis of the financial industry, international business and the global economy. The magazine targets an audience of finance professionals, and corporate and private investors, but its lucid voice makes it intelligible and essential reading for anybody who wants to understand the machinations of finance in the 21st century. The editorial combines award-winning reportage, covering a broad range of topics from banking and insurance to wealth management and infrastructure investment, with contributions from some of the world’s most well-respected economists and theorists as well as consultants in government think tanks and the WEF. World Finance’s compelling and incisive video offering features interviews and discussions with thought leaders, economists, and market makers from around the world.

About ICS Financial Systems - (ICSFS)

A leading provider of modern banking and financial technology powered by a very solid, agile, and digital banking platform as part of its DNA, launching innovative products that are constructed on a secured and agile integration. Its ICS BANKS® software is a fully integrated universal banking software with many suites servicing the financial industry that provide open products with international standards, real-time business processing, and value-added capabilities of tailoring products, on-premises, hybrid, or cloud. ICS BANKS® software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experiences.
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