This is the fastest growing sector in the global financial services industry. Islamic banking has emerged as a new reality in the international financial scene. Even in the midst of a global economic crisis, Islamic banks have weathered the storm to a great extent. Driven by strong demand on both the individual and corporate sides, the total value of Islamic assets now approaches US$500 billion, and the number of institutions offering Islamic financial services is multiplying.
Banking based on Islamic principles - Sharia'h - has spread to all corners of the globe, irrespective of race, nationality, or community. Now it is robust, profitable, and continues to exceed expectations with regard to growth.
ITS has developed a mix of products and solutions that meet Islamic banking needs, and are in full compliance with Sharia'h requirements, including but not limited to the following :- |