Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
ICS Financial Systems to Participate at AAOIFI's Shari'ah Conference, 17th Edition
 
Dubai, United Arab Emirates - May 13, 2019:   Manama, Kingdom of Bahrain: ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, has participated in the 17th Annual Shari'ah Conference of The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading  international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry.
 
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held the AAOIFI 17th annual Shari’ah conference on Sunday and Monday 02-03 Sha’ban 1440H, 07-08 April 2019 at the Gulf Hotel in the Kingdom of Bahrain.
 
This influential event discussed an array of key and latest developments and issues across the Islamic financial industry with the participation of heads and members of Shari’ah boards, leaders of Islamic financial institutions and stakeholders from around the world as well as academicians, scholars and decision makers.
 
ICS Financial Systems (ICSFS) Islamic team, who are certified Islamic bankers (CIB) and certified Islamic specialists in accounting (CISA), attended the conference which was one of the largest attended events for AAOIFI in the recent times.
 
ICS Financial Systems (ICSFS) has been a supporting member of AAOIFI for almost 10 years, with its ICS BANKS® ISLAMIC software suite, which is a modular fully integrated solution designed and developed following the principles of Shari’ah in compliance with the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). ICS BANKS® ISLAMIC consists of an Islamic core system, which provides all common operations between various banking activities, and a series of Islamic modules which cover the various different operational and business requirements of our specialised segments.
 
ICS BANKS® ISLAMIC can be offered as a complete stand-alone suite of Islamic Banking applications or as an Islamic Banking window, within the core system depending on the customer’s needs.
 
ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS ISLAMIC software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS ISLAMIC has always been a pioneer in utilising the latest technology to serve financial institutions.
 
In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on premises or in the cloud. 


Posted by : Dubai PR Network Editorial Team
Viewed 3849 times
PR Category : Banking & Investments
Posted on : Monday, May 13, 2019  11:46:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Visa Acquires Control of Earthport
Next Story : Emirates NBD Dubai Economy Tracker™
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Festival of Speed Celebrates Aston Martin's Racing History [11834-Views]
T-Race Cycling Tour de France The Watch for Fans of Le Tour [9199-Views]
Ink Your Lips This Summer With Artist Rouge Ink, Make Up for Ever's New Airlightlip Color [8638-Views]
Beauty On The Go with Amphis [6850-Views]
Ermanno Scervino, The Perfume [6045-Views]
Siemens to supply power equipment and services for 840 MW power plant in Iraq [5771-Views]
Faces launches Next Generation stores in Mall of the Emirates, Dubai and Riyadh Park, Saud... [5575-Views]
Computer & Power Technology Adds Cisco Collaborate Architecture Award to its List of Accol... [5411-Views]
Contract signed: BMW Group and Daimler AG launch long-term development cooperation for aut... [5350-Views]
Transform Your Bedroom and Sleep Like a King With Robinsons' Latest Bedlinen Collections F... [5222-Views]
Tonda 1950 Stone-set range' [5173-Views]
3 ways to give your hair the power of plants, with 3 new highly concentrated hair masks fr... [5161-Views]
Colourful Anniversary Limited anniversary edition now available in new colors [5026-Views]
The Network Gets Smarter, Simpler and More Secure with Artificial Intelligence and Machine... [4874-Views]
Dubai Customs discusses means of growth with members of Consultative Council [4788-Views]
Carrefour rewards environmentally-conscious customers on International Plastic Bag Free D... [4520-Views]
Salvatore Ferragamo Presents Minuetto [4392-Views]
Back to School with Marks & Spencer [4258-Views]
DP Haute Joaillerie thématique 2019 – Les Ciels de Chaumet [4026-Views]
Happy Eid with Corum Golden Bridge Round 39 [4026-Views]
Statement Handbags from GUESS [4002-Views]
Dubai-based Blue Ocean Group expands into UK distribution market ahead of Brexit [3843-Views]
Mouawad unveils the Mouawad Dragon Yellow and White Diamond Suite, featuring the largest r... [3715-Views]
GEMS Education students excel in IB exams [3654-Views]
The inauguration of codeshare flights between Kuwait and Istanbul-Sabiha Gökçen Airpo... [3483-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories