iMAL Named Best Islamic Core Banking System 2025 at Global Islamic Finance Awards (GIFA)

Azentio is proud to announce that iMAL, our flagship Islamic core banking system, has been awarded the title of Best Islamic Banking Core System 2025 at the prestigious Global Islamic Finance Awards (GIFA), held in Kuala Lumpur, Malaysia.

Recognised as the world’s most credible awards programme for Islamic finance, GIFA celebrates innovation, resilience, and leadership across the global financial services industry. Each year, the Awards Committee evaluates leading solutions from around the world, and in 2025, iMAL was selected as the top Islamic banking system for its market leadership, compliance strength, and advanced digital capabilities.

Why this award matters for Islamic banking

The Islamic finance industry continues to expand rapidly, with global assets projected to surpass $5 trillion by 2026 (Source: Islamic Finance Development Report). Financial institutions are under growing pressure to deliver Shari’ah-compliant services that meet the expectations of digital-first customers, while also ensuring regulatory compliance across multiple jurisdictions.

The Best Islamic Banking Core System 2025 award affirms iMAL’s role as the trusted technology foundation for Islamic banks worldwide. It reflects not just the strength of the platform today, but also its ability to support the industry’s evolution in the years ahead.

About iMAL: The world’s #1 AAOIFI-certified Islamic core banking platform

Azentio iMAL is the world’s leading AAOIFI-certified Islamic core banking system, trusted by financial institutions in over 36 countries. Purpose-built for Shari’ah-compliant banking, iMAL delivers a fully integrated, front-to-back solution that supports:

• Retail banking: agile financing products, profit calculation, and customer-centric onboarding.
• Corporate and investment banking: trade finance, treasury, syndication, and advanced portfolio management.
• Microfinance and SME lending: flexible, inclusive, and digital-first financial services.

The platform combines low-code, cloud-ready infrastructure with omnichannel integration and automation, enabling financial institutions to:

• Accelerate digital transformation
• Strengthen compliance across jurisdictions
• Enhance customer experience with faster, more transparent processes
• Scale efficiently into new markets

With iMAL, banks gain a composable, future-ready core that balances speed, resilience, and strict Shari’ah compliance.

Leadership perspective

“We are honored to receive the Best Islamic Banking Core System 2025 award from GIFA. This recognition is a testament to our unwavering commitment to empowering Islamic financial institutions with technology that is purpose-built, Shari’ah-compliant, and future-ready. iMAL continues to be the trusted choice for banks seeking to deliver ethical, inclusive, and digitally advanced services.”

– Khaled Berjawi, Senior Vice President, Product Management – iMAL, Azentio

Looking ahead

Winning the Best Islamic Banking Core System 2025 award reinforces Azentio’s mission to deliver transformative technology that helps banks and financial institutions reimagine Islamic banking for the digital era.

For more details on how iMAL can support your institution’s growth and compliance journey, visit our iMAL product page or contact us for a demo.