Managing Islamic Finance
Managing Islamic Deposits
FATCA Reporting to USA TAX Agency
ETHIX Digital Banking
Consultancy & Professional Services
The global Islamic banking and finance industry continues to go from strength to strength and is expected to experience further growth in the coming years. The Global Islamic Finance Report 2018 expects the global size of the industry to reach US$3 trillion by 2020. ISFIRE had the opportunity to speak with Esam Alkheshnam, CEO of International Turnkey Systems Group (ITS), about the new age in Islamic banking, and ITS's role in supporting the industry's progression.How is fintech shaping up the islamic banking and finance industry? Fintech is revolutionising the banking landscape the same way Uber disrupted the taxi industry and Airbnb shook up the hospitality sector. In the past few years, fintech has emerged as one of the primary challengers and disruptors of the once-traditional banking industry. Within the Islamic banking and finance industry, fintech is undoubtedly the most significant driver of change in the new Islamic banking era, one that will have considerable social and economic impact across the globe. Fintech encourages financial inclusion, substantially elevate customer banking experience, and improves organisational efficiency. In the area of social development for instance, fintech has ushered in a new paradigm in the design and implementation strategies of financial inclusion. Smartphones for mobile banking and investing services are technologies that are making financial services much more accessible to the general public.
The CEO of ITS, Mr.Esam Alkheshnam speaking at the Opening Ceremony of the Sixth e-Government Forum (EGOV6)!
ETHIX World-Class Product Range Acclaimed at Islamic Retail Banking AwardsAlkheshnam: “This award is a testimony to our continued success in delivering on the commitment and to continue empowering banks and financial institutions to succeed in today’s digital banking age”.Kuwait, November 2018: International Turnkey Systems Group (ITS) is a key player in the provision of advanced financial technology solutions (FinTech) and services that are designed to transform banks and financial institutions (Islamic & conventional) to the new digital age. The Company was named the winner of the Critics’ Choice Best Digital Banking Solution 2018 for its innovative ‘ETHIX’ product range at the 4th Islamic Retail Banking Awards (IRBA).
Best Islamic Finance Technology Provider 2018
Fleming Gulf Organization 2015
Best Islamic Finance Technology Product 2017 by GIFA
Channel ME KSA Awards 2015
International Magazine Finance Award 2016
World Finance 2015