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

  • Islamic Finance
  • 10.08.2022 08:55 am

The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Software Provider as part of its 2022 Islamic Finance Awards. ICSFS has been supporting the Islamic banking sector through its Shari’a-compliant ICS BANKS Islamic software solutions, for more than two decades now, with bespoke Islamic products and services that have helped financial institutions to achieve a competitive edge.

ICS BANKS Islamic is fully integrated software, with a powerful Digital platform, that provides Shari’a-compliant products with international standards, real-time business processing, and value-added capabilities of tailoring products, on-premises, hybrid or in the cloud. It future-proofs banking activities by providing a broad range of seamless and flexible features. 

World Finance’ Projects Director, David Hann said: “The readers of the London based magazine WORLD FINANCE have once more voted ICS Financial Systems (ICSFS) to receive the global recognition ‘Best Islamic Banking & Finance Software Provider’ for the third year in a row. This recognition from our dedicated readers comes as no surprise to us as ICSFS is the world’s leading Islamic banking software solutions provider of all times and please don’t take our word for it and find out for yourselves. Distinguished among the rest for its trusted relationships across the Islamic banking industry thanks to its engineers accustomed to design the end software solution to answer the specific needs of each customer rather than generating software solution to compete with rivals, coupled with breakthrough financial technology and unrivalled customer service delivered in real time by its highly skilled dedicated experts. ICSFS deep expertise is covering the global Islamic baking landscape and until now, ICS BANKS software suites, is the must have software solutions for all institutions around the world offering Shariah-compliant financial products.”

Executive Director of ICSFS, Wael Malkawi stated: “It is a great accomplishment to be named “Best Islamic Banking & Finance Software Provider” from World Finance, for the third year in a row. With no room for rivalry, our ICS BANKS Islamic wins a global recognition as the world’s leading Islamic banking software solution. ICS BANKS Islamic 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. Our main goal is to keep customers’ operational costs at the minimum, whilst maximising revenue and growth. After decades of evolvement and innovation, ICS BANKS Islamic has become a technologically frontier software, where agility is one of its core virtues.”

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 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 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, hybrid or cloud. 

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