iMAL
by Azentio · Core banking · Singapore, Singapore
Islamic core banking platform enabling digital transformation and new product launches for Islamic financial institutions.
iMAL is an agile Islamic banking core platform that allows financial institutions to quickly implement digital transformation, deliver new products and services, and drive customer interactions. It is used by Islamic banks and Shari'ah-compliant corporate banks and microfinance institutions to manage core banking operations, achieve AAOIFI certification alignment and support growth. Customers cited include Boubyan Bank, Vision Bank, BankIslami, Tamam Financing and Bank of Abyssinia. It was named Best Islamic Banking Core System 2026 at the Global Islamic Finance Awards.
What iMAL does
- Islamic core banking
- Digital transformation enablement
- New product and service launch
- Customer interaction management
- Shari'ah-compliant operations
What iMAL is used for
- Running core Islamic banking operations
- Launching Shari'ah-compliant products
- Supporting digital microfinance
- Nationwide bank expansion
- Core system upgrades (e.g. R14 upgrade)
Who runs it
5 companies are named as using iMAL:
Named for this product by Azentio, on Vederca or on its own website.
About Azentio
Banking, insurance, ERP and AML software, including the iMAL Islamic core banking platform and digital lending.
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Built by Vederca from public sources, last updated 2026-10-18.