• Differentiated customer services
• High Scalability
• Parameterized Solutions
• Competition Advantage
• Increased market share & customer base
• Sharia law compliance

But while taking new IT initiatives Banks & financial institutions face several challenges

• Shortage of experts in Islamic banking
• Absence of accounting (and auditing) standards pertinent to Islamic banks
• Lack of uniform standards of credit analysis
• Differences with central banks
• Differences within domestic banks, foreign banks, and Islamic banks
• Instruments that meet the demand of specific investment requirements
• The product development needs to be enhanced and moreover consistency is required in product structure
• Improvement of corporate governance and risk management practice
• Revision of usual tax regimes to meet the needs of Islamic products and create a level playing field with conventional products

How we help

• Domain Expertise in Islamic Banking
• 100% Functional coverage of documented functionalities in Software Testing
• Upto 90% off shoring
• Domain perspective to Test Automation

How you benefit

• Satisfied Business Users
• Happy End Customers
• Shorter schedules
• Lower Product life cycle costs
• Lowered transaction costs
• Avoiding Imputed costs of defects
• Lower repair costs
  • Downtime costs
  • Fewer maintenance staff
  • Image, Brand Value
• Auditability

Competency in Testing Modules

• Mudarabah ( or deposits and investments)
• Murabahah (cost plus financing )
• Ijara ( or leasing )
• Musharaka ( or Equity participation )
• Istisna ( or Deferred Sale Financing )
• Other products like
  • Sukuk ( or beneficial ownership )
  • Money Market Murabaha (treasury )
  • Wakalah