Globalisation has ushered in a new era for banking institutions to raise the bar from ‘Customer Satisfaction’ to ‘Customer Delight’. This is even more for Islamic Banking, for they need to adhere to, and be consistent with the principles of Islamic Law – Sharia, yet be innovate and deliver Sharia compliant services and products continuously.
pennApps Finance Factory is a fully grounded up solution to effectively manage the Islamic Finance Product Portfolio covering Finance origination, Finance Management/Servicing activities that supports the widest possibility of Islamic products that covers Musharakah, Mudarabah, Murabaha, Musawamah, Tawarruq, Salam, Istisna, Wakala and Ijarah across retail, SME and Corporate (Government, FI, Medium Businesses, Large companies) segments. in addition, its high parameterization capabilities that results in greater process efficiency, end-to-end automation, better risk mitigation and supports rapid roll out of Shariah-compliant products.
