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Soneri Mustaqeem Signs an Agreement with Path Solutions on iMAL Sharia-Compliant Profit Calculation System


APIs , Banking , Islamic Finance
10:20 am
Path Solutions, a global Islamic fintech house and Soneri Mustaqeem, an Islamic Banking Division of Soneri Bank Limited, announce the selection of 
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MAL with Temenos T24 core banking platform, this new Pool Management System will help Soneri Mustaqeen emerge as a modern data-driven Islamic banking division, enhancing governance, accountability and transparency in its daily Islamic financial operations.
Mohammed Kateeb, the Group Chairman & CEO of Path Solutions said,
“It is my pleasure to welcome Soneri Mustaqeem to the growing family of banks providing Sharia-compliant Islamic financial solutions in Pakistan powered by the industry’s leading  ....

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CLC Islamic Finance expands its reach through new Service Centers - Adaderana Biz English


CLC Islamic Finance expands its reach through new Service Centers
December, 17, 2020
CLC Islamic Finance, the Islamic Banking Division (IBD) of Commercial Leasing and Finance, continuously recognized as an award winning institution at local and South Asian regional levels, has rolled out its island-wide customer outreach initiative with 06 new dedicated customer service centers, called ‘Dedicated Islamic Finance Super Dealer Points (SDPs)’.
Established at strategic locations across the island, SDPs are dedicated one-stop destinations that serve the Islamic financing needs of customers. SDPs will also engage as customer touch points in towns where branches are not located to serve the customers.
The new dedicated Islamic Finance service centers are located at Katuwanwila (Polonnaruwa district), Madurankuliya (Puttalam district) and Madawala (Kandy district). In addition, CLC Islamic Finance has established 04 more SDPs at Akkarapaththu (Ampara), Oddamavady (Batt ....

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