Siraj Finance, an Islamic Finance Company in the UAE, has signed an agreement with Azentio, a core banking technology services provider.
The agreement represents the collaboration for the implementation of the core and digital banking solution to further enhance the operational capabilities and digitisation of Siraj Finance’s product and service offerings.
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The step is directly in line with Siraj Finance’s goal of providing diversified Islamic financial products and services via channels that are innovatively utilising latest technology while remaining customer centric and regulatory compliant.
Azentio adds to list of partnerships in 2024
Amjad Hijazi, Chief Operating Officer, said: “We are delighted to be working with Azentio as our technology partner of choice to empower our ongoing business growth. For us, iMAL and its comprehensive functionality coupled with the adherence to Islamic principles, align with our goals, allowing our team to streamline processes, enhance productivity and elevate the omnichannel customer journey.”
Rahul Arora, Chief Sales Officer, added: “We are extremely pleased to partner with Siraj Finance to deliver a user-friendly digital financial services experience to both their retail and corporate customers. This partnership reflects our ongoing commitment to empowering financial institutions in the region with cutting-edge technology designed to meet both current and future needs.”
Azentio has made a number of other partnerships this year. Azentio Software previously announced that Banque Populaire de Mauritanie (BPM), one of the largest financial institutions in Mauritania, is now live with iMAL Business Intelligence (BI), a strategic BI platform that empowers banks to make more effective decisions, faster. The solution’s advanced analytics will help BPM to simplify its data management processes and extract valuable and relevant insights for data-driven business outcomes.
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