Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform from ICSFS
 
Al-Ataa Islamic Bank Signs for ICS BANKS Islamic Platform from ICSFS

Baghdad, Iraq: Al-Ataa Islamic Bank for Investment and Finance has selected ICS BANKS Islamic Platform, a worldwide digital Shari’a compliant software solution, from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.


Al- Ataa Islamic Bank is licensed to offer Islamic banking and investment services by the Central Bank of Iraq. The bank is focused on providing distinctive banking and finance solutions. Al- Ataa Islamic Bank is based in Baghdad and will be providing its Islamic financing products and services through its eight branches in most provinces of Iraq. The bank is specialised in project financing operations for small and medium companies, lease financing, real estate financing and other investment solution development. The signing ceremony took place end of June of this year in Iraq, and was headed by Al- Ataa Islamic Bank Managing Director; Mr. Kadhom Khalaf Al-Shamary and ICSFS’ Executive Director; Mr. Wael Malkawi.

Al-Ataa Islamic Bank for Investment and Finance Managing Director, Mr. Kadhom Khalaf Al-Shamary, commented: “We acknowledge the power of adopting a world-class solution to support our growth and expanding vision, working side by side with ICSFS will provide us with the flexibility, and will assist us deliver superior services to our customers. We have selected ICS BANKS Islamic from ICSFS its excellent worldwide track record especially in this region. We are looking forward for this partnership and we believe that by choosing ICSFS as our technology partner we will be able to achieve our rapid growth goals, and enjoy unlimited benefits and offerings.” 


Executive Director of ICSFS, Mr. Wael Malkawi stated: “We are excited that another prominent bank has joined ICSFS’ community and selected us among many other vendors. ICSFS was chosen for its well-known reputation and wide experience around the globe. ICSFS has proved its ability to support growth and applying advanced technologies to cover all business extents. We are looking forward to this partnership, were Al-Ataa Islamic Bank for Investment and Finance will enjoy ultimate software benefits and unlimited services offerings and advantages.”


ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS software suite future-proof banking and financing activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers' journey experience, hence improving the trust and confidentiality with the customer. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), Digital Platform. 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 8918 times
PR Category : Banking & Investments
Posted on : Tuesday, August 16, 2022  10:36:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : ICSFS' Group CEO & Managing Director, Receives Lifetime Achi...
Next Story : Arab Bank Group Profits Grow by 38% to $252 Million for the ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Introducing the Isle of Man TT Limited Edition: Discover the New 43mm Chronograph [9446-Views]
Life Pharmacy Launches Super Sale with Top Skincare Deals and Exceptional Customer Service [7019-Views]
Seek the Sun with Pandora [6544-Views]
Tanishq's Rarest Jewels Light up Dubai [6064-Views]
HONOR Launches the New Flagship Smartphones HONOR Magic5 Pro and HONOR Magic Vs [4170-Views]
Unleash the Power of Flawlessness with SHEGLAM Skin-Focus High Coverage Foundation [4071-Views]
Emirates Literature Foundation and National Library and Archives Forge Dynamic Partnership... [4051-Views]
DP World's Cargoes Community Vessel Status Dashboard goes Live in Jeddah [3920-Views]
Get Summer Ready with Legend Spa [3846-Views]
The Spectacular Sobha Realty IIFA Rocks 2023 Illustrated an Extraordinary Fusion of Music,... [3751-Views]
BYREDO Bal d'Afrique: Ben Gorham's ‘Love Letter' to Africa [3505-Views]
Abu Dhabi University concludes the 4th ADU-ASU Research Forum 2023 [3419-Views]
IIFA Take Two! [3337-Views]
Panasonic Holds Annual Customer Service Conference To Take Customer Experience To The Next... [3333-Views]
Summary of Weekly Real Estate Transactions for the Week Ending 26 May 2023 [3255-Views]
Feels by the Beach: Where Sustainability Meets Clean Eating [3001-Views]
Kempinski Hotel & Residences Launches a Staycation Offer and Specially Curated à la Carte ... [2866-Views]
Duplicate Malabar Gold & Diamonds Showroom in Pakistan Shut Down by Authorities [2817-Views]
Panasonic To Introduce Rugged Outdoor-ready 4K PTZ Camera In The Region [2804-Views]
Ivo Oliveira Wins in France, takes Yellow Jersey [2776-Views]
LG Unveils Next-Generation OLED Evo TVs in the UAE [2776-Views]
From Waste to Wonder: The Green Planet and GEMS Legacy School Join Forces to Raise Awaren... [2722-Views]
14 Years of flydubai [2710-Views]
GEMS Education Launches The Alternative Alphabet, Empowering Teens to discuss Mental Healt... [2673-Views]
Famous Bollywood Actor Arshad Warsi Visits Kanz Showroom in Dubai [2644-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories