Winner of the first Islamic banking awards from World Finance magazine, Misys, has won an award for its Islamic banking and finance applications.
The award recognises Misys for its contribution to the Islamic Banking industry over the last two decades of its operations in the Middle East. It is through this experience that Misys has been able to develop Misys Equation Islamic Banking, which has allowed fully Sharia-compliant Islamic functionality into Misys application.
This product and Misys Islamic experts that assist with its implementation have been very successful in assisting banks to set up new Islamic Banks, convert conventional banks to Islamic Banking, and also to bring more automation to already established Islamic banks.
“Demand for Islamic banking has grown exponentially over the last decade. We would like to thank World Finance for its award and also thank our customers for their continuing support,” says Roy Froud, General Manager, Middle East & Africa, Misys.