Oman's first standalone Islamic bank enters phase two of iMAL implementation

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Oman's first standalone Islamic bank enters phase two of iMAL implementation

04 March 2013

IBS Journal - News

Bank Nizwa, the first fully-fledged Islamic bank in Oman, has entered into the second phase of its implementation project, installing new channels such as internet banking and SMS functionality. It is still early days for this venture and the start-up hopes for all channels to be live before the end of 2013. This follows the recent launch of Path Solutions' iMAL core banking solution.

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Labels: Back Office Systems, Compliance / Regulations, Core Banking Systems, Internet / Online / Mobile Banking / Channels / ATM Branch, Islamic Banking, Retail Banking

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