International Turnkey Systems (ITS) has reinforced its credentials as the leading global provider of Islamic banking solutions after receiving the Best Islamic Finance Technology Award for the third consecutive year at the World Islamic Retail Banking Conference (WIRBC), held at the Shangri La Hotel, Dubai.
The first of their kind in the industry, the Global Islamic Finance Awards were developed to recognize and celebrate the success and contributions of individuals and institutions in the Islamic financial services industry. ITS Global Financial Solutions (GFS) was honored with the award for its contribution to Islamic banking technology with the launch of its industry leading ETHIX suite of pre-defined finance solutions.
“This prestigious GIFA award is yet another affirmation of our commitment to the promotion of responsible Islamic banking and solidifies our position as an industry leader in providing Shari’a compliant customer centric financial solutions across the world,” said Tarek Khalifa, Area Manager, ITS Global Financial Solutions.
“ETHIX is the jewel in our crown; it has assisted many banks and financial institutions to minimize operational costs in responding to the increased demand of customer for both traditional and Islamic products and services. We will continue to work with our strategic partners and technology vendors to continue driving the future of Islamic Banking forward.”
ITS’ flagship ETHIX technology suite is widely recognized as the most comprehensive, flexible and scalable Islamic banking solution worldwide. Described as a premier total banking solution catering to tier 1 banks, ETHIX was developed in accordance with Shari’a guidelines. It empowers Islamic banks to improve operational efficiency and reduce cost of ownership in specific areas of Islamic banking, while maximizing opportunities for growth.