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June 3, 2023
Finance Technologies

Aafaq Islamic Finance goes live on Infosys Finacle

UAE-based aafaq Islamic Finance has gone live with core banking, Islamic banking and payments solutions from Infosys. aafaq has revamped its digital, payments and Islamic banking with Infosys Established in 2006 to provide Islamic financial services and products compliant with Shariah law, aafaq Islamic Finance offers corporate and retail banking, as well as property and auto financing. The firm has implemented the Infosys Finacle Digital Banking Suite, with a “substantial” automation of its existing processes, “significantly” improving its productivity. Infosys has also deployed application programming interfaces (APIs) across aafaq, which it claims will allow for the “seamless” flow of information…
Aafaq Islamic Finance goes live on Infosys Finacle

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