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May 2019

Best Technology Solution Provider to Islamic Finance

ITS WINS "BEST TECHNOLOGY SOLUTIONS PROVIDER TO ISLAMIC FINANCE"

Abu Jubain: "ITS is fast becoming the globe's preferred Islamic finance technology solutions provider; equipping Islamic banks and financial institutions with innovative solutions that elevate their operations and deliver an exceptional customer experience."

May 2nd  2019: International Turnkey Systems Group (ITS), the leading provider of comprehensive Shariah-compliant financial solutions announced that is has been awarded the "Best Technology Solution Provider to Islamic Finance" at the CIS Islamic Banking and Finance Awards, which was held on the 2nd May 2019 during the CIS – Islamic Banking and Finance Forum in Tashkent, Uzbekistan.

The prestigious CIS Islamic Banking and Finance awards are a signature initiative of AlHuda Center for Islamic Banking and Economics (CIBE) and are aimed at recognizing industry leaders and highlighting best practices in the Islamic finance industry, with the ultimate objective of promoting social responsibility, Shari'ah authenticity and a steadfast commitment to the growth and elevation of global Islamic finance.

Commenting on the award, International Turnkey Systems (ITS) COO, Mr. Muawiya Abu Jubain, said: "ITS is fast becoming the globe's preferred Islamic finance technology solutions provider; equipping Islamic banks and financial institutions with innovative technology solutions that elevate their operations and deliver an exceptional customer experience, and this award is testament to the Group's strategic success and satisfied customer base and also underscores ITS's growing brand equity throughout the Islamic banking and digital finance space."

The ETHIX range by ITS is the Company's flagship solution which provides multi-channeled corporate and retail products and services in Islamic finance and investment, including core banking, trade finance, branch automation, digital banking, dashboards and reports, in addition to other pioneering products and services. The solution is built on robust technologies designed to support financial institutions as they strive to reach operational excellence, accommodate growth, and achieve cost leadership in financial services.

Mr. Abu Jubain added: "The Islamic financial services industry is riding a wave of transformation and banks and financial institutions are looking for cost effective solutions that will help them to succeed in the age of Fintech. This market demand has created an influx of technology companies, however ITS, with its extensive track record delivering digital solutions locally, regionally and internationally, and evolved product and service offering, remains the trusted market leader."

About ITS

International Turnkey Systems Group K.S.C.C – (ITS) is a leading integrated information technology solutions and services provider that offers world class solutions that transform organizations and support business success.

Established in 1981, ITS is Headquartered in the State of Kuwait with R&D centers in Kuwait & Cairo, and 8 offices and numerous partners in the Middle East, Africa, East Asian regions, as well as the Caribbean. With a 1,100 plus strong team of diverse professionals, ITS serves hundreds of top tier clients locally, regionally and across the globe through its Global Delivery Center (GDC) where it develops, designs and delivers cutting edge, customized software and service solutions in collaboration with leading names, such as IBM, Oracle and Microsoft.

About AlHuda Centre of Islamic Banking & Economics

For over 12 years, AlHuda Centre of Islamic Banking and Economics remains a key player in the development of Islamic Finance across the globe. The Institution's mission is to promote Islamic Banking & Finance worldwide through synergistic services including Advisory and Consultancy, Education, Research & Product Development, Shariah Advisory and Publications & Events.

For further details visit www.alhudacibe.com

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