Islamic core banking systems belong to a relatively younger generation as compared to their conventional brethren, and therefore come with their own unique challenges and success factors.
This compilation of Islamic Core Banking Systems Case Studies focuses on such projects across five different suppliers and banks across geographies.
It contains a thorough analysis of the system conversion process based on the real-life experience of financial institutions starting with selection, continuing through the implementation phases, to going live with the new system, and analyzing the outcome. It also presents readers with an independent, unbiased view of the challenges faced by each financial institution.
The case studies cover in detail the following areas:
- Reasons and drivers for change
- Project profile
- System selection
- Implementation phases
- Challenges and lessons learnt
- Results and advice
1 About the Islamic Banking Systems and Suppliers Guide
2 Islamic Banking Market Overview
3 Alinma Bank
4 Bank Muamalat Indonesia
5 Europe Arab Bank
6 United Arab Bank