ICSFS has always been one of the leading companies in providing awards-winning banking, and financial services, and best-of-breed products. ICSFS recognition on a global level is granted by its devotion to excellence, and customer enlightenment. In this path, ICS BANKS® Islamic Banking Solution is no exception, as it was built brick-by-brick on delivering real value to customers, hassle-free and satisfactory implementation and support, ongoing productivity with a wide range of functionalities and features. The main goal is to keep customers’ operational costs at the minimum, whilst maximizing revenue and growth.
The modern Islamic finance industry is young and evolving rapidly. It continues to expand and serve a growing population of Muslims as well as conventional, non-Muslim investors.
ICSFS is one of the first providers of Islamic banking software applications in the industry, with a customer-first approach and streamlined services of its epic best-of-breed technologies. Digital Transformation became a priority in ICSFS’ products and services with its crown jewel; ICS BANKS® Islamic Banking. After decades of evolution and innovation, ICS BANKS® Islamic Banking has become a technology frontier with true agility at it’s very core.
ICS BANKS® Islamic software suite is designed to cover all Islamic banking requirements and cater to each bank’s shari’a regulations. Our customers are always ahead of their market competition by running ICS BANKS® Islamic’ agile software application, which embraces the following aspects:
ICSFS uses innovative technologies at the core of all of its software solutions; developing first-class, dynamic, and future-proofed banking and financial products that could keep pace with latest market trends and direction.
Each ICS BANKS® Product is built from the ground up to be remarkably modular, secure, and agile, ensuring your business continuity and ability to expand vertically, horizontally, or both, without hassle.
After decades of evolution and innovation, ICS BANKS® Islamic Banking has become a technology frontier with true agility at its very core.
ICS BANKS® Islamic Banking Solutions offers many valuable features including:
Fully Shari’a-Compliant, Covering various intellectual Islamic Views in Different Regions and Continents
Full coverage of Islamic finance and banking ecosystem
Persistent technological advancement utilising the latest technologies to achieve lower total cost of ownership (TCO)
Strong, flexible, fast and reliable industry-approved profit distribution engine
Wide range of parameters to build Islamic products
Blockchain technology and smart contracts to enhance productivity, accuracy and lower costs
Strong Business Process Management (BPM) and Document Management System(DMS) in its DNA
Cloud available to reduce infrastructure costs
Customer engagement and customer social engagement through touchpoints
Vast touchpoints coverage with omnichannel in essence, to expand the bank’s businesses, regardless of geographical limitations
Boosting analytical powers and risk reduction through Artificial intelligence (AI)
Covering required clarity and strong reporting and analytical tools
Open APIs to connect to the outside world and support FinTech activities