BankIslami Pakistan has completed a strategic upgrade to Azentio\u2019s iMAL R14 core banking system, a move aimed at bolstering automation, regulatory compliance, and digital banking capabilities. The transition is expected to enhance transaction speed and security while reinforcing the bank\u2019s standing as a leading Shariah-compliant financial institution in Pakistan.<\/p>\n
The upgrade aligns with BankIslami\u2019s broader strategy to integrate cutting-edge technology that adheres to Islamic financial principles while improving operational efficiency. \u201cThe successful deployment of iMAL R14 marks a milestone in our digital transformation,\u201d said Rizwan Ata, President and CEO of BankIslami. \u201cThis enhancement strengthens our operational framework and underscores our commitment to delivering innovative, Riba-free financial solutions.\u201d<\/p>\n
\u201cThis upgrade represents a significant leap forward in advancing digital banking capabilities and operational excellence.\u201d said Sanjay Singh, CEO of Azentio. By providing a robust platform for compliance and innovation, iMAL R14 will enable BankIslami to continue its leadership in banking and offer enhanced services to its customers in Pakistan and beyond.\u201d<\/p>\n
With this upgrade, BankIslami is poised to expand its product offerings, enhance efficiency, and ensure alignment with evolving regulatory standards\u2014solidifying its position at the forefront of Islamic banking.<\/p>","protected":false},"excerpt":{"rendered":"
BankIslami Pakistan has completed a strategic upgrade to Azentio\u2019s iMAL R14 core banking system, a move aimed at bolstering automation, regulatory compliance, and digital banking capabilities. The transition is expected to enhance transaction speed and security while reinforcing the bank\u2019s standing as a leading Shariah-compliant financial institution in Pakistan. The upgrade aligns with BankIslami\u2019s broader…<\/p>","protected":false},"author":3,"featured_media":79208,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-79207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-updates"],"_links":{"self":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/posts\/79207","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/comments?post=79207"}],"version-history":[{"count":1,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/posts\/79207\/revisions"}],"predecessor-version":[{"id":79209,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/posts\/79207\/revisions\/79209"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/media\/79208"}],"wp:attachment":[{"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/media?parent=79207"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/categories?post=79207"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankislami.com.pk\/ur\/wp-json\/wp\/v2\/tags?post=79207"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}