Autosoft Dynamics
The Islamic banking industry has grown expansively over the past 20 years, particularly in the Middle East and South East Asia, with analysts predicting still further international growth and an increasing share of the global financial market despite the global slowdown. Islamic banking products require highly specialized processes and transactional workflows that must be compliant with Islamic jurisprudence (Shariah). AutoSoft was one of the first banking software automation companies to develop and deploy a fully Shariah compliant product suite.

AutoSoft has a strong portfolio of products catering to the fast-emerging Islamic banking industry:

AutoIBANKER – Islamic Banking System
AutoIBANKER is a Shariah-compliant Islamic banking system which caters for the requirements of Islamic banking via its customizable parameter setup, enabling banks to offer a competitive range of Islamic financial products providing online and real time synchronized banking business automation.

AutoIBANKER incorporates functional support for following Islamic products:

  • Murabaha
  • Ijarah
  • Diminishing Musharakah
  • Istisna
  • Salam
  • Qard-e-Hasna
  • Amanah
  • Musawama
  • Islamic term deposit
  • Profit pool management
Islamic Trade Finance System
AutoTRADE is a trade finance system compliant with Shariah standards. It enables the complete automation of a foreign trade department and can be implemented on a trade central processing unit (CPU) basis or in a decentralized environment. It provides complete automation for imports, exports, refinance, letter of guarantees and related statutory reporting. The system is also integrated with our AutoSWIFT module which is capable of handling SWIFT formats.
Islamic Treasury Automation System
AutoSoft's ADAMS Islamic (Automatic Deal, Money Market and Securities Trading System) is a fully Shariah compliant system designed to maximize productivity on your treasury's trading desk as well as back office operations. The system provides users with real time exposure monitoring, real time pricing, cash flows in different currencies, gap analysis both in foreign as well as in local currency, securities and shares management, monitoring of different types of limits and risk analysis. The system is fully integrated with our Swift messaging system, AutoSWIFT for automatic generation of relevant SWIFT messages.
External Gateways
In today's financial world, numerous channels are available for customers to operate and manage their relationship with retail and corporate banks both locally and globally. AutoSoft Dynamics provides solutions and support for all customer business needs through various touch points and gateways available in the market which include branch banking, ATMs, point-of-sale terminals, IVR, Internet Banking, SMS banking and Swift messages.