Path Solutions: iMAL Islamic Core Banking Platform
iMAL is a new generation of comprehensive Enterprise Islamic Banking and Investment Sys-
tem addressing the in-depth business functionality and the state-of-the-art technology in a
single, highly integrated front, middle and back office system, providing an effective Straight
Through Processing-STP.
iMAL is based completely on the Sharia guidelines and is AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions)-certified and IAS (International Accounting Standards)-compliant.
iMAL offers Islamic financial institutions a comprehensive solution addressing all their business requirements.
The solution offers full support to various functions within the organisation including:
• Core Banking
• Investment
• Fund Management
• Portfolio Management
• Assets & Liabilities Management
• Treasury
• Profit Calculation
• Accounting & MIS
• Fixed Assets
• Personnel & Payroll
• NostroVostro Management
• Trade Finance
• CIF Management
• Facilities Credit Operations.
Database |
Oracle
Sybase
|
Language used |
Java
Other
|
Operating system |
Windows 2000
Windows 2003
Windows 7
Windows NT4
Windows Vista
Windows XP
Other
|
Pricing structure |
Other
|
User interface |
Web
Other
|