IT and FinTech

  • Advising banking and finance core systems developers on building Islamic finance and takaful compatible systems
  • Ensuring Shariah compliance in the IT systems for Islamic finance and takaful
  • Market studies for setting up start ups
  • Products, services, policies, and procedures development
  • Shariah Board Services to set up a Shariah Board for advising on day-to-day Shariah matters and supervising Shariah compliance
  • Shariah consultation & Fatwa for ad-hoc or continuance Shariah advice
  • Shariah Governance framework including agreements with Shariah Board members, internal Shariah and control departments policies
  • Shariah review and audit (both internal and external)
  • Training and capacity building of staff on products, services, general concepts of Islamic finance and takaful, AAOIFI shariah and accounting standards, and local takaful laws and regulations

FAQs

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