ETHIX World-Class Product Range Wins Top Honors At 3rd Islamic Retail Banking Awards.
Alkheshnam: “This accolade further underscores ETHIX as a world-class solution that continues to be adopted by financial institutions across the globe.”
International Turnkey Systems (ITS), the market leading provider for comprehensive Islamic financial solutions, was named the winner of the Critics’ Choice Best Islamic Retail Banking Solutions Provider 2017 for its innovative ‘ETHIX’ product range at the 3rd Islamic Retail Banking Awards (IRBA). The award was presented during a prestigious ceremony held at the JW Marriott Marquis Hotel, Dubai, on 14, November 2017.
Mr. Esam Alkheshnam, Chief Executive Officer of International Turnkey Systems Group received the award during the grand Gala Dinner which was attended by VVIPs, CEO’s from Islamic financial institutions from the GCC, the Far East, Africa and the Western hemisphere and members of the press.
Winners of the Critics’ Choice Awards are selected by the Critic’s Choice Committee, which comprises leading Islamic banking experts from around the world.
Commenting on the announcement, Mr. Esam Alkheshnam, said: “It is an honour to be awarded the Critics’ Choice “Best Retail Banking Solutions Provider’ from IRBA. This accolade further underscores ETHIX as a world-class solution that continues to be adopted by financial institutions across the globe.”
ETHIX provides multi-channeled corporate and retail products and services in Islamic finance and investment, including core banking, trade finance, branch automation, online banking, business intelligence dashboards and reports, in addition to other pioneering products and services. The product range 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. Alkheshnam added: “ITS remains committed to supporting our customers’ sustainable business success through the provision of financial solutions and services that provide competitive advantage in today’s technology driven world. We are continuously enhancing our solutions and services to meet the needs of a dynamic market, digital transformation, and to help our clients achieve strategic goals.”
The award follows ITS’ recent win at the prestigious Global Islamic Finance Awards ceremony held in Astana, Republic of Kazakhstan where ITS was awarded “Best Islamic Finance Technology Product 2017” for its ETHIX solutions.
About ETHIX-Core:ETHIX-Core is the main part of the ETHIX Financial Solutions; it consists of sub-modules like ETHIX-GL, ETHIX-Client, ETHIX-Accounts. ETHIX-Core is a full-fledged core banking application that supports Islamic and Conventional Banking. The system has a footprint of more than 150 customers – and growing. The technology used by ETHIX-Core allows end users to come with new products and services with the least intervention from ITS. This is because of the Innovative parametrized environment the system includes for creating new products and services.
About IRBA:The Islamic Retail Banking Awards (IRBA) is the first-of-its-kind Islamic banking awards programme based on the most academically rigorous analysis of global Islamic banking efficiency performance. Winners are rigorously assessed by a panel of independent experts based on the new efficiency model developed by Cambridge IF Analytica. These prestigious awards honor individuals and institutions who have demonstrated great commitment and made significant contribution to the development, growth and success of Islamic retail banking.
(ITS) Named Critics’ Choice Best Islamic Retail Banking
Latest Posts

ITS Launches Flagship Product ETHIX NG
As a leading IT solutions & services providers for Islamic and conventional institutions, ITS continues to expand its broad portfolio...

ITS, an Official Fortinet Select Level Partner
ITS is pleased to announce that we have reached a new milestone by becoming an official Fortinet Select Level Partner. As a...

ITS, an Official Palo Alto Innovator Partner
ITS, a leading turnkey systems provider is pleased to announce that it has become an official Palo Alto Innovator partner....

ITS to Support KCB in their Digitization Journey
ITS is proud to announce that they have been entrusted by the Kuwait Credit Bank to provide the digital technology...

ITS Team Building Day
As we are heading through our new financial year, it was so important to gather the entire Egypt team together...

Our Collaboration with Secureworks
Cyber threats are getting more sophisticated and intense amid increasing remote work, cloud migration, and advanced cyber adversaries. That’s why...

ITS, Cisco Gold Integrator Status
International Turnkey Systems – ITS, is pleased to announce that it has achieved the Cisco Gold Integrator Status in the...

ITS at EIFA 2022
We were glad to be at EIFA's event, and we were delighted to meet and network with many of our...