Intellect Design Launches ***** Islamic Banking – A Shariah-by-Design Core Platform

Intellect Design Arena has unveiled ***** Islamic Banking, an end-to-end, AAOIFI-compliant core banking platform built from the ground up with Shariah-by-design principles. Launched on April 15, 2026, the cloud-native, microservices-based solution addresses the industry's reliance on legacy systems with superficial Shariah overlays. Key Features: AI-Powered Engine: Core transaction engine with DIY configurable accounts and embedded AI for Islamic pool management, profit forecasting, and zakat calculations. Comprehensive Instrument Support: Natively handles complex Islamic finance products including Murabaha, Mudarabah, Musharakah, Wadiah, Wakala, Tawarruq, Istisna'a, and Qard Hasan. Modular & Headless Architecture: Banks can deploy standalone modules or a full core, with seamless integration into existing digital ecosystems and third-party FinTechs. Rapid Deployment: Implementation time reduced to just 6–9 months, significantly faster than traditional core banking rollouts. Strategic Impact: The platform offers Islamic financial institutions a future-proof, scalable infrastructure that ensures regulatory readiness and operational flexibility. By automating profit-sharing calculations and compliance workflows, it reduces manual intervention and Shariah governance risk. For Intellect, this launch strengthens its position in the fast-growing Islamic finance market, particularly in the Middle East, Southeast Asia, and Africa. It signals a shift from "bolt-on" compliance to native, intelligent banking technology — enabling banks to scale ethically and efficiently in a $3 trillion+ global Islamic finance industry.