Orchestrating Islamic Banking on Colossal Digital Technology

ICS BANKS Islamic Banking

When the new day

Bedazzled

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 is no exception, the product 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.

Paving an Epic Journey into Digitalisation

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. After decades of evolvement and innovation, ICS BANKS Islamic has become a technologically frontier software, where agility is one of its core virtues.

A Holistic,

Fully Shari'a-Compliant, Interest-Free Banking,

Covering various Islamic Ideologies

Key Features

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:

Wide Range of
Digital Touchpoints

RegTech
Solutions

Profiling Customer Social
Engagement

Holistic Cloud
Platform

High
Security & Scalability

Dynamic
Product Building

Novel Solutions with
Everyday Innovation

Increase Customer Satisfaction & Loyalty

Customer
Service Excellency

Lower Total Cost
of Ownership (TCO)

Business Agility to Drive
Productivity & Efficiency

Real Financial
Inclusion

Open Banking
Open APIs Architecture

Unified Solutions with Smooth Processes Across Business Lines

Stop Revenue Leakage &
Increase Profitability

Concurrent Technological Advancements Deployment

Automated Processes & Robotics, Hence Time & Money Savings with High Accuracy

Know your Customer
(KYC)

ICS BANKS

Products

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.

Key Benefits

After decades of evolvement and innovation, ICS BANKS Islamic has become a technologically frontier software, where agility is one of its core virtues. ICS BANKS Islamic provides the bank with:

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

Robotics to automate, speed up internal processes and to be used in customer service

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

Regtech solutions

Request a Call

Request a Call

Hadhramout Commercial Bank Selects ICS BANKS Universal from ICSFS to Start its Operations in Yemen

Hadhramout Commercial Bank Selects ICS BANKS Universal from ICSFS to Start its Operations in Yemen

Hadhramout Commercial Bank (HCB), a newly-established bank in the Republic of Yemen, has selected ICS BANKS Universal Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.

Al Kawthar Leasing Company selects ICS BANKS Islamic Finance Leasing Software from ICSFS

Al Kawthar Leasing Company selects ICS BANKS Islamic Finance Leasing Software from ICSFS

After carefully evaluating alternative systems, Al Kawthar recognized ICS BANKS Finance Leasing to be the most reliable, cutting-edge software solution to deploy for their operation; based on its innovative and fully integrable technology covering the full leasing cycle

“TrustBank” PJSB Selects ICS BANKS Islamic Banking Software Suite from ICSFS

“TrustBank” PJSB Selects ICS BANKS Islamic Banking Software Suite from ICSFS

TrustBank PJSB, One of the Banking Industry leaders in Uzbekistan, has selected ICS BANKS Islamic Banking software suite from ICS Financial Systems – ICSFS, the global software and services provider for banks and financial institutions, to implement into their newly established Financial Institute: Trast Muamalat LLC.

ICSFS’ Group CEO & Managing Director,  Receives Lifetime Achievement in Financial Technology Innovation Awards

ICSFS’ Group CEO & Managing Director, Receives Lifetime Achievement in Financial Technology Innovation Awards

World Finance, awarded ICSFS’ Group CEO & Managing Director; Robert Hazboun, in its World Finance Summer 2022 edition, under the World Finance – Islamic Finance Awards 2022, for his Lifetime Achievement in Financial Technology Innovation.

Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform

Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform

Baghdad, Iraq:
Al-Ataa Islamic Bank for Investment and Finance; a newly-established bank in Iraq, has selected ICS BANKS Islamic Platform from ICSFS.

World Finance names ICSFS as Best Islamic Banking & Finance Software Provider for the Third Year in a Row

World Finance names ICSFS as Best Islamic Banking & Finance Software Provider for the Third Year in a Row

London, United Kingdom:
World Finance magazine has confirmed ICSFS as Best Islamic Banking & Finance Software Provider as part of its 2022 Islamic Finance Awards.

Al Sanam Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

Al Sanam Islamic Bank Selects ICS BANKS Islamic Banking Solution from ICSFS

Baghdad, Iraq:

Al Sanam Islamic bank, a newly-established Islamic bank in Iraq, has selected ICS BANKS Islamic Banking software solution from ICSFS.

ICSFS to Showcase its Innovative Solutions at ICS BANKS User Group Summit in Iraq

ICSFS to Showcase its Innovative Solutions at ICS BANKS User Group Summit in Iraq

Baghdad, Iraq: ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, today announced the success of its Iraq User Group Summit: “Accelerating Digitalisation and Innovation in Iraq”. ICSFS showcased its holistic awards-winning banking software application; ICS BANKS.

The First Neo Financial Institution in KSA opts for ICS BANKS Digital Platform from ICSFS

The First Neo Financial Institution in KSA opts for ICS BANKS Digital Platform from ICSFS

Riyadh, KSA: The First Neo Financial Institution in KSA; Loan Financing Company (LFC), a newly-established microfinance company in the Kingdom of Saudi Arabia, has selected ICS BANKS Digital Platform from CSFS.

Al Rajhi Bank Jordan opts for ICS BANKS Business Suite from ICS Financial Systems

Al Rajhi Bank Jordan opts for ICS BANKS Business Suite from ICS Financial Systems

Amman, Jordan:

Al Rajhi Bank – Jordan, one of Al Rajhi Bank’s international branches, has selected ICS BANKS Islamic and ICS BANKS Digital Banking software solutions from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.