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Islamic banking

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Summit Bank Selects ICSFS to Power its Islamic Digital Banking Infrastructure in Nigeria

ICS Financial Systems Ltd. (ICSFS), a global provider of next-generation universal banking software, has been selected by Summit Bank Limited, Nigeria’s newly established non-interest (Islamic) bank, as its core technology partner. The agreement marks a significant milestone in bringing advanced Sharia-compliant digital banking to the Nigerian financial sector. Under this partnership, Summit Bank will implement the ICS…

FinTech · 14. JULI 2025 · 3 Min. Lesezeit

Offa Expands Staff to Support Rapid Growth in Ethical Property Finance

Offa, the UK’s leading Islamic property finance fintech, has announced a new round of staff appointments as the business continues to expand its service offering. Sagheer Malik, Group Chief Commercial Officer & Managing Director of Retail Finance at Offa, said: “Offa is experiencing a period of exciting growth, and it’s essential we continue building a…

FinTech · 30. JUNI 2025 · 4 Min. Lesezeit

Islamic Fintech Firm Offa Joins Connect IFA Brokerage Network

Offa, the UK’s leading Islamic property finance fintech, has announced it is joining Connect IFA, one of the leading and most established specialist mortgage brokerage networks in the country. Sagheer Malik, Chief Commercial Officer & Managing Director of Retail Finance at Offa, said: “We are delighted to be working with Connect IFA. Accessing their national…

FinTech · 20. JAN. 2025 · 2 Min. Lesezeit

Ethos Teams Up With Thought Machine To Drive Innovation In Shariah-Compliant Banking

Ethos, a financial services company dedicated to ethically minded consumers in the UK, has partnered with Thought Machine, the cloud-native banking technology company, to launch a Shariah-compliant digital service. Ethos will deploy Thought Machine’s next-generation core banking platform, Vault Core, to offer seamless and real-time Shariah-compliant financial solutions accessible via mobile devices. Initially targeting Muslim…

FinTech · 8. JULI 2024 · 2 Min. Lesezeit