TEMENOS SEARCH MENU Islamic Banking A flexible and efficient award-winning solution enabling Shari’ah compliant innovation, scalability and digital engagement with your clients. DOWNLOAD BROCHURE GET IN TOUCH (OPENS IN A NEW TAB) Islamic Banking Solution Deliver an outstanding Shari’ah compliant experience to your customers using a combination of digital and human interaction, leveraging advanced graphical product building capabilities and modern technology to create offerings that are compliant and personalized while reducing your operational costs and risks. Compliant Temenos Islamic Banking is fully compliant to Shari’ah requirements, processes and accounting entries. It is parameter-driven, enabling banks to adapt it to their own specific compliance requirements. Comprehensive Temenos Islamic Banking covers all areas of banking, from retail to corporate, private wealth and inclusive banking with rich functionality across all verticals. Enable Innovation With its flexible product builder, Temenos Islamic Banking allows financial institutions to create a wide range of products while facilitating innovation and a fast time to market. Digital Built on the best digital platform as selected by Ovum, enabling banks to face digital challenges and competition. Scalable Temenos Islamic Banking serves small financial intuitions and the largest banks in the industry using the same software. It benefits from significant investment in banking technology, ensuring it is up to date and future proof. Measurable Success 6 MONTH 6 month implementations 2 x 2x the bank capital 80 + 80+ Islamic Banking installations # 2 #2 Islamic Banking IBS Intelligence Sales League Table 2019 “We are delighted to appoint Temenos as our strategic technology partner for our digital transformation. Temenos digital banking platform will enable us to transform faster, drive out complexity and lower our overall total cost of ownership. Temenos has a worldwide reputation for robust, innovative banking software and an extensive presence and commitment in Saudi Arabia. With Temenos we will be able to introduce new and innovative products more quickly and help reduce operational costs, as well as offer a cutting-edge digital experience to our customers.” Mr. Waleed Al Mogbel, DCEO – Al Rajhi Bank READ SUCCESS STORY Products Financing Full set of financing products with Shari’ah compliant flows covering different types of contracts: Murabaha, Ijara, Musharaka, Istisnaa, Forward Ijara, Bai Ajel, Qard Hasan and Modaraba financing. This also includes the ability to create structured financing products. Profit Distribution The advanced profit distribution system for Modaraba deposits. The bank can create pools linking sources of funds to investments and distribute dividends to its clients based on pre-set criteria. Islamic Treasury Comprehensive coverage for treasury products and services including Commodity Murabaha, Bulk commodity trading, Tawarruq, Wakala & Modaraba placements, and deposits. In addition to Sukuk trading, different dealer desk dashboard and treasury blotters and reports. Wealth Management Fully Shari’ah compliant private wealth investment strategies with the ability to control the types of instruments being traded. It also includes full profitability and risk profiling analysis capabilities for relationship managers and customers. Inclusive Banking Advanced Inclusive banking model especially dedicated to Islamic microfinance. Customer Success Stories AIB – Success Story Al Rajhi – Success Story Alejma’a Alarabi Bank – Success Story MORE SUCCESS STORIES “Temenos Transact has had a positive impact on our business. It has enabled the bank to automate and streamline processes and improved the bank’s overall operations’ flow. We are delighted with the latest release of Temenos Transact, which will continue advancing the bank’s productivity with its functional and technological enhancements. With the new Temenos Transact release, our plan is to further enhance the bank’s investment management and profit management capabilities for Mudaraba and Wakala accounts. In addition, we plan to expand our Islamic derivatives products, and progress our Islamic mortgage financing.” Mr. Saif Al Dhaheri, COO – Al Hilal Bank READ PRESS RELEASE You’re in Good Company slide of 4 Temenos Platform Cloud-Native, Cloud-Agnostic Lower costs with the elastic scalability, security, and control you need to shape your business. APIs & Extensibility Innovate faster with access to over 700 open APIs in the largest FinTech ecosystem. Microservices & Containers Microservice architectures enable continuous application upgrades and cloud scalability. Distributed Database Achieve true horizontal scalability in the database layer and operate on an active-active basis across multi-cloud. Temenos Continuous Deployment – DevOps Reduce cost and shorten software release cycles – code in the morning, deploy in the afternoon. Security & Immutable Logging Protect your bank from modern digital threats with the highest levels of security. AI & Machine Learning Explainable AI enables transparency into automated decisions and provides intelligent banking by growing revenues, cutting costs and enhancing the customer experience. Multiexperience Development Platform Deliver a best-in-class user experience as a consistent and seamless multiexperience digital journey across various touch points and modes of interactions. Related Insights VIDEO Silkbank – Video Testimonial Silkbank, a leading commercial and Islamic bank in Pakistan, recently went live with Temenos Infinity to accelerate its digital transformation initiatives. Learn in this video how Silkbank is making life better for its customers. WHITE PAPER AND REPORT IBS Recognizes Temenos’ Global Leadership With Nine #1 Positions in IBS Sales League Table 2021 Temenos #1 for Digital, Core Banking, Payments, Risk & Compliance and more in IBSI Sales League Table 2021 READ THE FULL REPORT WHITE PAPER AND REPORT Forrester Deals Survey 2021 The Forrester survey recognizes Temenos as the only Global Power Seller with a 20% increase in new named deals. This is the 15th time that Temenos has achieved Global Power Seller status. READ THE FULL REPORT MORE INSIGHTS Latest News MEDIA COVERAGE Islamic Finance News – Cybersecurity in a pandemic era for Islamic Banking PRESS RELEASES Sombank Selects Temenos Cloud-Native Technology to Deliver Digital Islamic Banking Services in Somalia PRESS RELEASES Leading Libyan Bank Chooses Temenos to Accelerate Digital Transformation MORE NEWS Temenos Headquarters SA 2 Rue de l’Ecole-de-Chimie CH - 1205 Geneva Switzerland Tel: + 41 (0) 22 708 1150 MORE LOCATIONS CONTACT US SOLUTIONS PRODUCTS TECHNOLOGY DELIVERY ECOSYSTEM INSIGHTS CAREERS COMPANY OVERVIEW ACCESSIBILITY News Room Investor Relations Events Careers Global Visit us on: LinkedIn Twitter Facebook Copyright © 2012-2021 Temenos Headquarters SA Cookie Policy Privacy Policy Supplier Information Terms & Conditions