Singapore – Siraj Finance, an Islamic finance firm, has recently entered into a strategic agreement with banking tech service company Azentio to implement the core and digital banking solution designed for its product and service offerings.
This initiative further aims to elevate the operational capabilities and digitisation of Siraj Finance, which complements their dedication to offering diversified Islamic financial products and services through innovative tech channels while also being customer-centric and regulatory-compliant.
During the signing ceremony, representatives of Siraj’s Finance were chief operating officer Amjad Hijazi, chief business intelligence and strategy officer Joseph Daniel, chief business and investment officer Syed Moosa Kaleem Al Falahi, and chief governance and compliance officer Fazal Nassim.
Meanwhile, Azentio was represented by chief sales officer Rahul Arora, senior vice president for Middle East and Africa Harkaran Singh, vice president global Islamic banking sales Zaher El Khatib, director of global sales engineering Alfred Quertier, and vice president of Sales Bhushan Kelkar.
Speaking about the collaboration, Amjad Hijazi, chief operating officer at Siraj Finance, stated, “We are delighted to be working with Azentio as our technology partner of choice to empower our ongoing business growth.”
“For us, iMAL and its comprehensive functionality, coupled with the adherence to Islamic principles, align with our goals, allowing our team to streamline processes, enhance productivity, and elevate the omnichannel customer journey,” he added.
Meanwhile, Rahul Arora, chief sales officer at Azentio, further remarked, “We are extremely pleased to partner with Siraj Finance to deliver a user-friendly digital financial services experience to both their retail and corporate customers.”
“This partnership reflects our ongoing commitment to empowering financial institutions in the region with cutting-edge technology designed to meet both current and future needs,” he concluded.
