.jpg)
International Turnkey Systems (ITS), the market leading provider for comprehensive Islamic financial solutions, has announced the successful go live of a new core banking platform, ETHIX-Core for Dar Al-Amane, the Islamic arm of Société Générale Maroc. This marks ITS’ first live site for ETHIX-Core in Morocco.
The implementation by Dar Al Amane of ITS’s ETHIX Islamic Finance suite is aligned with the Bank’s national expansion strategy which will witness a network of agencies opened throughout the country, operating in full compliance with Shari’ah principles.
Commenting on the announcement, Mr. Esam Alkheshnam, Chief Executive Officer of ITS said: “It was an honour to be selected by Dar Al-Amane and to support their plans to deliver Islamic banking services to the Moroccan market. The delivery and implementation of our product range ETHIX was a great success, with more than 500 accounts opened within the first month of going live”.
As one of the most secure Banking Systems in the world, Dar Al-Amane’s new ETHIX Islamic banking system will help reduce operating costs while marketing innovative products and enhancing services. The extensive range of ETHIX features will support the Bank as it expands its banking capabilities.
Mrs. Hounaida Boukhari, Director of Dar Al-Amane said: “We, at Dar Al-Amane are constantly innovating to better serve our customers. By implementing ETHIX Islamic finance Solution suite, we will provide our customers with products and services that are powered by the latest technology. This will ensure that we deliver an exceptional customer experience. Our strategy at Dar Al-Amane is to set up a network of agencies, operating in full compliance with Shari’ah principles, and ITS is supporting us achieve that goal. The completion of this project relies on the expertise and dedication of the ITS team. We hopefully look forward to expanding our partnership with ITS.”
ITS recently won the "Best Islamic Finance Technology Product 2017” for its innovative ‘ETHIX’ product range at the prestigious Global Islamic Finance Awards ceremony held in Astana, Republic of Kazakhstan.
