Temenos Continues to Show Strength in Islamic Banking
Temenos revealed that United Installment Sales Co. Ltd. (UIS) and Lexus & Daihatsu in Saudi Arabia, has signed an agreement to utilise Temenos’ market leading core banking solution, T24, for its Islamic Real Estate Financing & Vehicle Leasing transactions.
The latest version of T24 contains significant enhancements that allow Temenos to improve its Islamic Banking offering, including Sharia-compliant automated workflows, permitting Islamic Banks to streamline processes such as booking Murabaha, Mudaraba, Istisnaa or Ijara contracts with enhanced operational efficiency.
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