May 2017

Dubai, UAE: Global Banking and Finance Review has announced ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions, the “Best Islamic Banking Technology Provider MEA 2017”  

Global Banking and Finance Review awards ICS Financial Systems Ltd in recognition for its prominent in particular areas of expertise and excellence within the global financial community. The award reflects the innovation, achievement, strategy, progressive and inspirational changes taking place within the financial sector. ICS BANKS® ISLAMIC provides a complete  - shari’a compliant - banking business solutions, and have facilitated banks in achieving a competitive edge by offering a complete integrated End-to-End and comprehensive suite of Islamic Banking applications, that is suited to the bank’s needs whether it’s for an Islamic bank or a conventional bank looking to create an  Islamic Banking  window.

Editor, and Global Banking & Finance Review; Wanda Rich commented:

“Global Banking & Finance Review Awards ICS Financial Systems Ltd “Best Islamic Banking Technology Provider MEA 2017” for the second consecutive year in recognition of their continued commitment and dedication to providing comprehensive Islamic Banking solutions. ICS BANKS ISLAMIC provides banks with the comprehensive, scalable Islamic software solutions needed to improve performance.” Miss Wanda added “We look forward to seeing further growth and industry-leading solutions from them in the years to come.” 

Managing Director of ICSFS, Robert Hazboun commented;

“We are honoured to receive such an award and to be named the “Best Islamic Banking Technology Provider MEA 2017” for the second consecutive year. We have been focusing on the Islamic banking industry for a while now, as it has been rapidly growing.,” Hazboun added” As a proof of our success with the Islamic Banking applications, ICS BANKS® ISLAMIC has shown an increase of demand, as our customers are enjoying scalable, sophisticated and flexible products and services that addresses and fulfils their requirements.'

The awards were created to recognize companies of all sizes that are prominent in particular areas of expertise and excellence within the global financial community. ICS Financial Systems Ltd was named as “The Best Islamic Banking Technology Provider MEA 2017” for its superior achievements in many areas of Islamic banking technology. by performing well in the following categories according to our judging panel:

• Addresses challenges the financial service industry is facing: including deregulation and risk management
• Customized solutions suitable for small, medium and large banks and multi-national banking businesses
• Highly flexible parameterisation 
• Commitment to clients, providing a wide range of support and consultancy services 
• Meets all business and Shari ‘a  requirements 
• Skilled and knowledgeable consultants
• Continued expansion into new markets