Islamic Core Banking

Our platform is designed with AAOIFI principles embedded at the core and allows other regulations to be configured as needed. Every transaction is executed within approved Shariah contracts and automated checks prevent Riba, Gharar and prohibited income. Built-in audit trails, controls and continuous validation ensure compliance is enforced throughout the entire transaction lifecycle from initiation to settlement.

The solution supports Mudarabah, Wadiah and Wakala investment products, providing full lifecycle handling from account setup to profit allocation. Native support ensures accurate accounting, reporting and operational workflows without bespoke adaptations.

We support Murabaha, Ijarah, Tawarruq, Istisna’a, Musharakah and Qard Hasan contracts with end-to-end contract management, booking, accounting and settlement capabilities. These contracts are implemented as first-class product templates to ensure consistent, Shariah compliant execution.

The platform includes a robust profit calculation and distribution engine that supports multiple profit pools and both periodic and event-driven profit calculations. It automates profit allocation between the bank and customers and delivers transparent P&L distribution with clear visibility for both the bank and the customers.

Yes, the platform supports Islamic banking alongside conventional banking on a single core while enforcing strict logical and accounting segregation. This enables simultaneous operation with independent product rules, accounting treatments and compliance controls for each model.

The platform is highly configurable to accommodate different Shariah board rulings, regional regulatory requirements and country-specific product variations. Contract parameters, profit methodologies and business rules can be tailored through configuration- no code changes required, so banks can align with local interpretations and market practices.

We provide end-to-end Shariah governance capabilities including full audit trails for all transactions, Shariah review and approval workflows, exception reporting and compliance dashboards. The system also supports internal and external Shariah audits, ensuring transparency, accountability and continuous oversight without manual intervention.

Our eMACH.ai architecture shifts focus from heavy coding to a composable, configuration-driven approach: Shariah-compliant contracts act as modular low-code Product Factory. Built on microservices and a headless, API-first design, it provides pre-built connectivity to the Islamic fintech ecosystem and removes prolonged integration bottlenecks, dramatically accelerating product launch cycles.

The platform includes built-in regulatory reporting and control frameworks that can generate regulator-ready reports and apply rule updates through configuration. This lets banks adapt quickly to evolving compliance requirements while minimizing operational effort and risk.

Our differentiators are clear: a purpose-built Islamic banking product following AAOIFI guidelines; a fully composable, end-to-end customer lifecycle; microservices, cloud-native architecture with AI embedded; and direct ownership and implementation expertise. Backed by experience across 50+ countries and tier-1 banks, we deliver proven domain knowledge and a turnkey solution for Shariah-compliant banking. This enables banks to scale confidently whil staying aligned with Shariah and regulatory expectations.

Our platform provides Zakat as a configurable functionality. The module calculates liabilities, automates collection and routing to approved recipients and maintains full Shariah audit trails and reporting- all configurable to local policies and customer opt-in settings.

The Pool Management module computes net pool income and produces distributable profit schedules, supporting multiple pools, periodic or event-driven calculations and adjustments (fees/losses). Unlike many banks that still rely on manuals/spreadsheets, our engine automates calculation → allocation → accounting → reporting with traceable audit logs, giving transparent visibility of what profit will be paid and when.