ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Panin Dubai Syariah Bank which is a long-standing major Indonesian bank, has officially selected the multi-awards winning system ICS BANKS ISLAMIC to replace its existing legacy system. An international competitive bid was open where leading Islamic banking software solutions providers were shortlisted, ICSFS won the deal due to its complete integrated End-to-End and comprehensive suite of superior Islamic Banking applications in addition to its advanced upgraded technology services.

The Executive Director at ICSFS; Mr. Wael Malkawi said;
“Panin Dubai Syariah Bank marks a major milestone for ICSFS as its our first reference and breakthrough in the country, we are counting on this opportunity to operate Efficiently in this competitive emerging banking market by bringing in our latest products and superior services.” Malkawi added” we are keen to deliver excellent customer service through highly motivated teams and innovative banking technology and we are looking forward for a long-lasting partnership with Panin Dubai Syariah Bank.”

It’s worth mentioning that Panin Dubai Syariah Bank launched an international tender back in January 2017 and ICSFS has won over five major international vendors who participated in the RFP. This major milestone strengthens the presence of ICSFS in the South Asian Market.