Misys named best Islamic core banking solutions provider

The award recognises Misys for its contribution to the Islamic Banking industry over the last two decades of operations in the Middle East.

It is through this valuable experience that Misys has been able to develop Misys Equation Islamic Banking, which has embedded fully Sharia-compliant Islamic functionality into Misys Equation's internationally proven solution.

This product and the associated Misys Islamic experts that assist with its implementation have been very successful in assisting banks to: set-up new Islamic Banks, convert conventional banks to Islamic Banking, and also to bring more automation to already established Islamic banks.

Roy Froud, General Manager, Middle East & Africa, Misys, comments, "Demand for Islamic banking has grown exponentially over the last decade. Our deep understanding of the Islamic Banking market, having delivered results for more than 120 customers in the region with our solutions, has enabled us to develop the best solution on the market - Misys Equation Islamic Banking. We would like to thank World Finance for its award and also thank our customers for their continuing support."

The award selection panel used a wide range of criteria to inform its decision for each category winner, lending the critical eye of a collective 170 years of business journalism to the exhaustive information gathered by the award body's research team.