The bank has a strong and competitive market position and has established many partnerships with leading foreign banks where it has gained a strong reputation of a reliable partner. With ICS BANKS Islamic Banking software suite, Asia Alliance Bank will start offering many Islamic instruments of which; Islamic Core Banking, Murabaha, Ijarah, Mudaraba, Musharaka, Salam, Qard Hassan, Islamic Treasury and Investment, Trade Finance, Financing Facilities & Risk Groups, Istina’a and Parallel Istisna’a, Profit Distribution, and Time Deposit.