Al-Thiqa Islamic Bank has gone live with new core banking software, ICS Banks, supplied by ICS Financial Systems (ICSFS).
Al-Thiqa Islamic Bank is a banking startup that offers banking and financial services in Iraq. The project was accomplished in only two months.
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Mr Muamer Al-Fakhry, executive representative at AL-Thiqa Islamic Bank, commented:
“We are proud to vision this partnership reflected into reality. ICSFS represents the ideal strategic powerful partner to us, in terms of its unlimited experience in Iraq and around the globe. ICS Banks Islamic will be a key factor in assisting us achieve our goals and optimize our banking services.”
Mr. Wael Malkawi, executive director at ICSFS, added: “We are committed to providing the latest banking technologies to our clients, where we assist them to achieve the bespoke performance and excel among their peers.
“Al-Thiqa Islamic Bank will enjoy this universal Islamic software’s complete, integrated end-to-end and comprehensive suite of scalable and sophisticated Shari’a compliant products and services that addresses and fulfils all of the banks’ requirements.”
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