ETHIX by ITS offers a technology solution for the effective delivery of all Islamic banking instruments such as Murabaha, Financing Ijarah, Tawarruq, Salam, Istisnaa and more. The ETHIX Islamic Finance and Microfinance modules facilitate:
The Establishment of finance according to the Shariaa workflow
Rescheduling of instalments
Roll Over Deals
ETHIX by ITS is a flexible, easy to use, user configurable and efficient technology solution that addresses current and future business needs - so that your financial institution can grow, capture market share, and focus on innovation.
Highly parameterized and secure, ETHIX is an end-to-end Islamic Banking solution that meets the full spectrum needs of the Retail and Corporate Banking business including Treasury and Investment and improves branch and department operational efficiency.
Rule-based to allow creation and testing of new products.
Real-time online transactions.
Comprehensive printing module for contracts, receipts and reports (in preferred language).
ETHIX reporting module, ETHIX-360 supports comprehensive daily, monthly and yearly reporting as well as complying with Central Bank reporting requirements and the reporting needs of the Risk, Operation, and Security divisions.