Dubai is a global leader in Islamic finance, serving millions of customers who choose Sharia-compliant banking. We help Islamic financial institutions deliver modern digital services while maintaining religious compliance.
The Islamic Banking Challenge
Islamic banking requires systems that understand the fundamental differences from conventional banking—profit-sharing, asset backing, and ethical screening—not just interest-free labels on conventional products.
Our Islamic Banking Solutions
Islamic Products
Correctly structured offerings:
- Murabaha: Cost-plus financing with disclosed profit
- Ijara: Lease-based financing arrangements
- Musharaka: Partnership-based financing
- Sukuk: Islamic investment certificates
Profit Management
Fair distribution:
- Calculation engines: Product-specific profit computation
- Distribution: Depositor profit sharing
- Transparency: Clear profit rate disclosure
- Accounting: AAOIFI-compliant treatment
Sharia Compliance
Demonstrate adherence:
- Product screening: Compliance validation
- Audit trails: Decision documentation
- Reporting: Sharia board reports
- Investment screening: Ethical investment filtering
Digital Banking
Modern customer experience:
- Mobile app: Full-featured Islamic banking
- Account opening: Digital onboarding
- Self-service: Financing applications
- Education: Islamic finance explanations
Regulatory and Accounting
Standards Compliance
- AAOIFI accounting standards
- AAOIFI Sharia standards
- Central bank requirements
- International standards
Reporting
- Regulatory returns
- Sharia board reports
- Financial statements
- Product performance
Ready to build Islamic banking technology? Contact ZIRA Software to discuss your Islamic finance needs.