ICSFS is awarded “Best Islamic Banking Solution Provider” for the 4th year in a row and “Best Digital Banking Software Solution Provider” by World Finance

With a sharp focus on security, scalability, and Open Banking architecture; ICSFS’ award-winning software solutions, ICS BANKS® Digital Banking and ICS BANKS® Islamic Banking, empower banks and financial institutions to streamline their operations, enhance customer experiences, adapt to the fast-paced digital ecosystem, and meet the demands of an increasingly tech-savvy customer base.

These recognitions highlight ICSFS’ unyielding efforts to delivering innovative and transformative software solutions that drive growth and efficiency for Financial Services Providers around the globe.

ICSFS CEO & Managing Director, Mr. Robert Hazboun, is once again recognized by World Finance for his Lifetime Achievements

With an illustrious career spanning over four decades, Robert Hazboun has been consistently committed to providing the best user-centric banking technology solutions with an exceptional focus on customer service, and under his guidance, ICSFS has emerged as a global leader in providing cutting-edge solutions for the financial sector. This Lifetime Achievement award is a testament to Mr. Robert’s genuine pursuit of innovation, excellence, and his profound impact on the financial technology landscape.


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.

February 2023

ICSFS was awarded the Information Security Management System (ISMS) ISO/IEC 27001 Standard Certification for the Data Centre, IT Department, and ICS BANKS® Banking & Digital Software Solution Services in February of 2023, recognizing the company’s adherence to the highest standards of information security.

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

ICS BANKS® Open Day Summit Baghdad Iraq 2023

May 2023

The ICS BANKS® Summit, which was held in partnership with Oracle in 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, and emphasized on the importance of banking agility and expanding digital touchpoints to improve financial inclusion and customer reach in Iraq, as well as the numerous areas where banks can achieve disruptive growth, deliver better value to their clients, and join the global march towards digital transformation.

March 2023

Hadhramout Commercial Bank Successful Go-Live on ICS BANKS® Universal, Digital, and Islamic Banking Software Solutions

March 2023

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

June 2023

Al-Busairi Bank for Microfinance Goes Live in a RECORD TIME OF ONLY ONE MONTH on ICS BANKS® Islamic Banking Solution.

December 2023

ICSFS Participates as an Exhibitor at the DATE FinTech Show in Riyadh, Saudi Arabia

What our clients have been saying

Mr. Alaa Faek,
Head of Credit Facilities, Ashur Bank

When we connected with ICSFS and discussed our requirements we quickly came to realize that we are on the right path; we were pleased to find that they already have a fully integratable IFRS9 solution that surpassed our expectations and requirements. We extend our warmest thanks to ICSFS and its team for their amazing cooperation during all stages of implementations and we are grateful for the support we receive from them whenever we need it.

Mr. Khalid Gabr,
CEO, Hadhramout Commercial Bank

We believe that our partnership with ICSFS is the absolute right move for us, as their ICS BANKS® banking solution has demonstrated immense value to our operation and has given us the power to go to market with a competitive edge. We look forward to expanding our operation in the Yemeni and Regional Market, and we are relying on the continuous support of ICSFS to realize all our goals.

Mr. Abdullah
Al-Busairi, GM,
Al Busairi Microfinance Bank

Having worked with ICSFS’s team during implementation, I’ve grown more confident in my choice of their Innovative Banking Platforms, they demonstrated true knowledge and professionalism, and offered valuable insights along the way which enriched our staff’s experience and command over their respective positions within the bank. The unified Financing solution delivered by ICS BANKS® has proven to have significant advantages with its easy-to-integrate modules and innovative features, which will be extremely helpful to our inauguration into the Yemeni market and quickly placing us amongst the market leaders.

Mr. Khalid Waqqad,
CEO, Alinma Bank for Islamic Microfinance

We set out on a journey to promote a strong investment climate especially in the private sector, as well as providing support to the establishment of economic projects in Yemen. Our decision to opt for the ICS BANKS® Banking Platform comes in the spirit of our aspiration towards full digital transformation, financial inclusion, and offering innovative financial products and services to all segments of the Yemeni community.


August 2023

“Do You Want to Meet the Future?” World Finance Speaks to Mr. Robert Hazboun about the Impact of Technology on Islamic Banking

World Finance Magazine interviewed Mr. Robert Hazboun on the state of Islamic Finance and how modern technology changed people’s approach to Islamic Banking around the world.

December 2023

“The Rise of Neobanks” World Finance Speaks to Mr. Robert Hazboun about Digital-only Banks.

World Finance, The Voice of the Financial Market, once again taps Mr. Robert Hazboun, CEO and Managing Director of ICSFS, for his great insights on where banking technology is today, focusing on the rise of digital-only banks (or Neobanks) and what that entails for the banking industry and traditional banking providers.

in the Ranks

  • ICSFS was ranked Second in Islamic Banking Sales Worldwide in the IBSi Islamic Sales League Table 2023

  • Ranked Fourth in Universal Banking Sales Worldwide in the IBSi Sales League Table 2023 – Universal Banking / Core.

Why Bank

ICS BANKS® users can gain valuable insight into both conventional and Islamic financing with enhanced clarity through the integration of Business Intelligence (BI) and Management Information System (MIS).

These capabilities are further strengthened by the robust features of its digital platform that is powered by Business Process Management (BPM), Document Management System (DMS), and complemented by an advanced Rule-Based and risk assessment scoring engine that is seamlessly embedded in the system’s DNA.

ICS BANKS® solutions and products have been enriched with cutting-edge features such as advanced Know Your Customer (KYC) Module, Digital Onboarding, Robotics, Artificial Intelligence (AI), loan origination, and streamlined processing through emerging channels such as Blockchain.


Digital Banking

Software Solution

ICS BANKS® Digital Banking software solution empowers our clients to be market leaders with its comprehensive digitalised open banking architecture, enabling financial services providers to deliver frictionless experiences covering all of their business domains via their entities or through a broad range of digital touchpoints.

Take the wheel & drive your

Digital Transformation

Virtual Assistant

Get ahead of your customer’s future needs today and harness the incredible power of AI with Intelligent Virtual Assistant as part of ICS BANKS® Digital Banking Software Solution, helping you reduce human error and conduct your banking activities faster and much more efficiently.

Onboarding & Origination

ICS BANKS® Digital Banking is designed to offer a frictionless and delightful onboarding experience, helping you leverage the latest technologies to accommodate the changing demands of your customers, and making it easier than ever to attract, obtain, and engage customers.

About ICS Financial Systems Ltd. - 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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