Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform from ICSFS
 
Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform from ICSFS

Baghdad, Iraq: Al-Ataa Islamic Bank for Investment and Finance has selected ICS BANKS Islamic Platform, a worldwide digital Shari’a compliant software solution, from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.


Al- Ataa Islamic Bank is licensed to offer Islamic banking and investment services by the Central Bank of Iraq. The bank is focused on providing distinctive banking and finance solutions. Al- Ataa Islamic Bank is based in Baghdad and will be providing its Islamic financing products and services through its eight branches in most provinces of Iraq. The bank is specialised in project financing operations for small and medium companies, lease financing, real estate financing and other investment solution development. The signing ceremony took place end of June of this year in Iraq, and was headed by Al- Ataa Islamic Bank Managing Director; Mr. Kadhom Khalaf Al-Shamary and ICSFS’ Executive Director; Mr. Wael Malkawi.

Al-Ataa Islamic Bank for Investment and Finance Managing Director, Mr. Kadhom Khalaf Al-Shamary, commented: “We acknowledge the power of adopting a world-class solution to support our growth and expanding vision, working side by side with ICSFS will provide us with the flexibility, and will assist us deliver superior services to our customers. We have selected ICS BANKS Islamic from ICSFS its excellent worldwide track record especially in this region. We are looking forward for this partnership and we believe that by choosing ICSFS as our technology partner we will be able to achieve our rapid growth goals, and enjoy unlimited benefits and offerings.” 


Executive Director of ICSFS, Mr. Wael Malkawi stated: “We are excited that another prominent bank has joined ICSFS’ community and selected us among many other vendors. ICSFS was chosen for its well-known reputation and wide experience around the globe. ICSFS has proved its ability to support growth and applying advanced technologies to cover all business extents. We are looking forward to this partnership, were Al-Ataa Islamic Bank for Investment and Finance will enjoy ultimate software benefits and unlimited services offerings and advantages.”


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 software suite future-proof banking and financing 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 with the customer. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), Digital Platform. 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 3993 times
PR Category : Banking & Investments
Posted on : Tuesday, August 16, 2022  10:36:00 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 : ICSFS' Group CEO & Managing Director, Receives Lifetime Achi...
Next Story : Arab Bank Group Profits Grow by 38% to $252 Million for the ...
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
Take A Deep Dive Into Bernhard H. Mayer's Latest Watch, the Wave Breaker [10225-Views]
Age in Reverse with Dr. Belmeur's New Total Youth Biome Range [7089-Views]
Gold Price Hits a Two Year Low: Best Time to Invest in Gold [5609-Views]
Etihad Rail Signs Memorandums of Understanding at Innotrans 2022 with Leading Internationa... [5576-Views]
Arab Achievements In The New Guinness World Records 2023 Book Revealed [5359-Views]
Ladies Collection [5285-Views]
Codebreakers Wanted! Unlock The Bremont Vault [5232-Views]
The Largest Showroom of Malabar Gold & Diamonds in Abu Dhabi to Open in Mazyad Mall [4961-Views]
Kalyan Silks' 6th Showroom in UAE Inaugurated in Sharjah by Prithviraj Sukumaran [4678-Views]
Mexico and Costa Rica Explore Cooperation in Culture and Knowledge Sectors With Sharjah [4457-Views]
Team Abu Dhabi Star Tops Qualifying With Dramatic Late Surge [4063-Views]
Samsung Electronics Announces New Environmental Strategy [4014-Views]
Start-Up of Unit 3 of Barakah Nuclear Energy Plant Accelerates Achievement of UAE Net Zero... [3981-Views]
Fyne Jewellery Re-launches The Stargazing Collection [3940-Views]
Abu Dhabi Festival Presents the First ever ‘inshad' Concert of its Kind at the Great Pyram... [3920-Views]
Charles Simon Disrupts Watch Industry With Innovative Accessories. [3903-Views]
Torrente Keeps Grip On Title Race As Zandbergen Claims Maiden Victory In Italy [3842-Views]
Opening Soon: Union Coop Announces the Completion of Nad Al Hammar Mall [3768-Views]
Pandora Reveals First Ever Art Collaboration With Keith Haring X Pandora [3751-Views]
The Opulent Furniture Brand Brings a Lifestyle Worth Living To Dubai [3719-Views]
Time On Mars [3637-Views]
Weekend Max Mara – “FROM LILY WITH LOVE” [3579-Views]
Department Of Government Relations Brings The Prestigious Alliance Française To Sharjah [3546-Views]
ENEC Strengthens UAE-France Cooperation in Nuclear Energy Sector Through New E-Fusion 2022 [3514-Views]
vivo Launches New High-performance, Color Changing V25 and V25 Pro with Enhanced Photograp... [3456-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories