IslamicSuite

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Overview

IslamicSuite, with its scalable innovative technology, provides superior features for lslamic banks to offer their customers Shari'ah compliant products and services that rival their Islamic or conventional counterparts. 

Key Features

IslamicSuite services the Islamic banking community with Shari'ah compliant, flexible solutions that have been specifically designed to support wealth, retail, corporate and treasury bank needs. This range of highly scalable, established solutions means that you can now easily and efficiently create new Islamic banking products, offering world class services that rival your Islamic or conventional counterparts.

Temenos' IslamicSuite customers benefit from increased efficiency and profitability through:

  • Full automation and increased straight through processing rates
  • 31% higher return on assets
  • -8.6 point lower cost-to-income ratio
  • 36% higher return on capital
  • Reduced development time by 40%
  • Quality customer products and services available quickly and cost effectively
  • Growth at double target rate
  • Adopting a pre-configured solution based on Shari'ah industry standard
  • Offering advanced Shari'ah wealth management services

Key Benefits

IslamicSuite is available en-premise or in the Cloud according to your individual needs. A growing preferred solution for the Islamic banking community, the Cloud gives access enterprise-level IT at an affordable price, whilst ensuring Islamic law compliance. We work with a global network of leading business, technology and services partners to reduce implementation risk, enable a faster time time-to-market and provide innovation. 

Islamic Expert Services are available to support our Islamic banking clients prepare and implement our IslamicSuite modules. Our Expert Services group offers both one-off tailored consultancy and also a wide range of packaged, or productised services. IslamicSuite clients can benefit from:

  1. Islamic Banking – Expert Consultancy
  2. Islamic Banking – Assurance and Governance

Productized services are delivered in an efficient way, maintaining high quality and offering the bank with great benefits.