Siraj Finance, an Islamic finance company in the UAE, has signed an agreement with Aventio, a major banking technology service provider.
The agreement represents the collaboration for the implementation of the core and digital banking solution to further enhance the operational capabilities and digitalization of Siraj Finance’s product and service offerings.
This move is directly in line with Siraj Finance’s aim to offer diversified Islamic financial products and services through channels that innovatively leverage the latest technology while remaining customer-centric and regulatory compliant.
Amjad Hijazi, Chief Operating Officer, said: “We are excited to work with Aventio as our technology partner of choice to enable our continued business growth. For us, iMAL and its extensive functionality, coupled with adherence to Islamic principles, align our goals, allowing our team to streamline processes, improve productivity and take the omnichannel customer journey to the next level.”
Rahul Arora, Chief Sales Officer, added: “We are thrilled to partner with Siraj Finance to deliver an easy-to-use digital financial services experience to both their retail and corporate customers. This partnership reflects our continued commitment to helping financial institutions in the region with cutting-edge technology designed to meet both current and future needs.”
Aventio has signed a number of other partnerships this year. Agentio Software previously announced that Banque Popculaire de Mauritanie (BPM), one of the largest financial institutions in Mauritania, is now live with iMAL Business Intelligence (BI), a strategic BI platform that enables banks to make more effective decisions, faster . The solution’s advanced analytics will help BPM simplify its data management processes and gain valuable and relevant insights for data-driven business outcomes.
“Siraj Finance Partners with Aventio” was originally created and published by Retail Banker International, a brand owned by GlobalData.
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