Enabling and empowering Islamic Banking, with a Sharia-compliant solution that is easy-to-use and feature-rich. Islamic Banking solution provides a range of modules that allow for simple and systematic workflows while being fully in accordance with the Shariah laws and regulations.
We make Islamic banking possible by:
- Integrating with Islamic Banking products for specific customers
- Enhancing end-to-end functionality of banking verticals
- Providing regulations and policies that are governed by the Sharia and supporting AAIOFI standard of accounting
i.e. freedom from interest (Riba), freedom from excessive uncertainty (Gharar) and freedom from gambling (Maysir)
Ethical based banking complaint to Shariah
Simplified KYC process with easy third-party integration
Supports multiple currencies and multiple payment methods
Improved risk management
Easy to add products and services under Shariah-based policies
Financial Institutions can issue financial positions at the end of the day in any branch
Highly flexible in profit distribution process
Easy integration with Sharia-based utilities for funds, remittances and customised reports
Available 24*7*365 days and facilitates anywhere, anytime banking
We have been using Bankers Realm Core Banking System, since 2007. We are highly satisfied by the solutions and services of the software. Despite the complex nature of microfinance operation together with the insufficient infrastructure in the region, Craft Silicon succeeded in customizing the Bankers Realm Core Banking System without showing any sign of hesitation. It also manifested its professional training and information handover to our MIS team.