Siraj Finance PJSC, a leading Islamic finance institution in the UAE, has entered into a strategic partnership with Azentio Software, a global provider of cutting-edge core banking solutions. This collaboration aims to implement Azentio’s iMAL core and digital financial services platform, optimizing Siraj Finance’s operations, enhancing its digital transformation journey, and aligning with its vision to deliver innovative, customer-focused Islamic financial products.
The signing ceremony saw senior leadership from both companies in attendance. Representing Siraj Finance were:
- Mr. Amjad Hijazi, Chief Operating Officer
- Mr. Joseph Daniel, Chief Business Intelligence & Strategy Officer
- Mr. Syed Moosa Kaleem Al Falahi, Chief Business & Investment Officer
- Mr. Fazal Nassim, Chief Governance & Compliance Officer
From Azentio, the team included:
- Mr. Rahul Arora, Chief Sales Officer
- Mr. Harkaran Singh, Senior Vice President, Middle East & Africa
- Mr. Zaher El Khatib, Vice President, Global Islamic Banking Sales
- Mr. Alfred Quertier, Director, Global Sales Engineering
- Mr. Bhushan Kelkar, Vice President, Sales
During the event, Mr. Amjad Hijazi, Chief Operating Officer of Siraj Finance, shared his excitement about the partnership:
“We are thrilled to collaborate with Azentio as our trusted technology partner. Their iMAL platform, with its robust functionality and adherence to Islamic principles, perfectly aligns with our goals. This solution will empower us to enhance operational efficiency, streamline processes, and deliver an exceptional omnichannel experience to our customers.”
Echoing these sentiments, Mr. Rahul Arora, Chief Sales Officer at Azentio, remarked:
“We are proud to support Siraj Finance in their mission to provide superior digital financial services to both retail and corporate clients. This partnership underscores our dedication to equipping financial institutions with advanced technology that meets evolving customer and regulatory demands.”
The partnership represents a significant step in Siraj Finance’s digital evolution, as it leverages Azentio’s expertise to provide seamless, tech-driven Islamic financial services that remain compliant with Sharia principles. This move not only enhances operational capabilities but also reaffirms Siraj Finance’s commitment to delivering innovative solutions that prioritize customer satisfaction and regulatory compliance.
By integrating Azentio’s iMAL platform, Siraj Finance aims to set new benchmarks in the Islamic banking sector, enabling its customers to enjoy cutting-edge, secure, and user-friendly financial solutions.
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