Intellect Design Arena Ltd announced the launch of its eMACH.ai Islamic Banking platform, a comprehensive AAOIFI-compliant suite.
The cloud-native platform is built on 'Shariah by design' principles and features modular flexibility, AI-powered efficiency, and headless integration.
The platform supports core banking, financing, trade finance, treasury, and includes automated profit sharing and Shariah-compliant accounting.
CEO Rajesh Saxena stated the platform reduces implementation time to 6-9 months and resolves operational complexities of Shariah compliance.