Temenos for Islamic Banking
Shari’ah compliance with innovation, scalability and digital engagement.
Shari’ah-compliant banking solutions
A flexible and efficient award-winning solution, delivering Shari’ah-compliant experiences using a combination of digital and human interaction. Leverages advanced graphical product-building capabilities and modern technology to create offerings that are compliant and personalized.
Key features of Temenos for Islamic Banking
Comprehensive functionality designed for efficiency, scalability, and Islamic compliance.
Combining scale and flexibility
Advanced development tools to accommodate rapid expansion and adapt to evolving customer needs.
Efficiency as a priority
Automate processes, support STP, reduce errors and manual intervention, and drive down operating costs.
Treasury for Islamic banking
Full treasury coverage including front to back-office functionality for Islamic money market contracts and capital market products.
Islamic portfolio manager
A sophisticated investment management platform for Shari’ah compliant investments.
Islamic profit distribution
Supporting the creation of Islamic deposit pools, to link to sources of funds and run calculations to distribute profits.
Real results
Temenos offered the most comprehensive set of Islamic finance capabilities. We also noticed that many other leading banks in Saudi Arabia, Egypt and the United Arab Emirates run Temenos, which gave us a great confidence that Temenos could support us with expert resources in our region.
Bank Spokesperson
Judo Bank
When we looked for a new core platform, Temenos stood out as the most feature-rich and scalable option available. Just as important, we were impressed with Temenos as a company: they offered deep knowledge of the Egyptian financial sector, combined with extensive global experience helping leading banks to succeed.
Moustafa Marzouk
Chief Information Officer, Societe Arabe Internationale de Banque
Temenos was part of that process and helped us a lot in terms of training and brainstorming, how to convert this legacy system into a centralized core banking software. We feel that Temenos has good insight into the future of software banking and especially in the area of user experience. We found these products much better than competitors.
Mujahid Ali
Chief Information Technology Officer, Allied Bank
Frequently asked questions
In this section, you’ll find answers to some of the most common queries about Temenos Islamic Banking. If you don’t find what you’re looking for, feel free to reach out — we’re happy to help!
Temenos for Islamic Banking ensures compliance with Shari’ah law through its parameter-driven system. This allows your bank to adapt the software to meet your specific Shari’ah compliance requirements. The software covers all Islamic banking processes, from retail to corporate, and includes functionalities that ensure adherence to Shari’ah principles, such as avoiding interest-based transactions and providing Shari’ah-compliant accounting entries. It integrates tools for Islamic finance structures and products, ensuring alignment with Shari’ah rules across banking operations.
Temenos for Islamic Banking is designed to be flexible and scalable, allowing it to be implemented in banks of all sizes, from small institutions to large banks. It also supports integration with legacy systems, helping to reduce operational costs and improve efficiency. We provide a comprehensive range of features that can complement and enhance existing banking platforms, streamlining processes and offering a seamless experience across various banking operations.