Khaled Berjawi
Senior Vice President
Product Management – Global Islamic Banking
There are two kinds of businesses in the world: those that wait for change to happen to them and those that embrace change before it even knocks on the door.
Azentio chooses the latter.
For the 16th year in a row, Azentio’s iMAL™ has been
certified by AAOIFI, the gold standard for
Shari’ah compliance in Islamic finance. That’s not just a badge. It’s a commitment. A commitment to building
financial technology that doesn’t just meet the standards of today but anticipates the needs of tomorrow.
Most companies treat compliance like a checklist. Tick the boxes, get the certification, and move on. But in Islamic finance, the rules aren’t just regulations. They’re principles, a way of doing business that demands integrity, foresight, and responsibility.
That’s why iMAL™ isn’t just compliant. It’s ahead of the curve. This year, it’s already aligned with FAS 45, 46, and 47, standards that won’t even take effect until 2026. Why? Because waiting for change means reacting to it. Leading change means shaping the future.
One of the most exciting innovations this year? The introduction of the Musaqat product, a fully Shari’ah-compliant solution tailored for the agricultural sector. It eliminates the complexities of custom structuring, allowing banks to bring new offerings to the market faster.
That’s the real power of compliance. It isn’t just about following rules. It’s about unlocking new opportunities. When done right, compliance doesn’t slow you down. It accelerates growth, builds trust, and creates products that truly serve people.
At the heart of every financial transaction is trust. Trust that money is safe. Trust that rules are followed. Trust that institutions aren’t just ticking boxes. They’re making decisions that stand the test of time.
AAOIFI’s Secretary General, Omar Mustafa Ansari, put it best: “iMAL™’s continued compliance with AAOIFI standards serves to mitigate the likelihood of Shari’ah non-compliance risks and upholds transparency in financial reporting.”
That’s not just a statement. That’s an expectation. One that Azentio takes seriously.
Islamic finance is growing. The demand for ethical, transparent, and Shari’ah-compliant solutions is higher than ever. But growth isn’t just about expanding. It’s about leading. About staying one step ahead of the market, anticipating shifts, and building products that don’t just comply but innovate.
That’s what makes Azentio different. That’s why iMAL™ continues to
set the benchmark.
Not just for 2025. But for the future of Islamic finance.
AAOIFI certifies iMAL by Azentio for 2024 compliance
AAOIFI certifies iMAL by Azentio for 2023 compliance
Khaled Berjawi
Senior Vice President
Product Management – Global Islamic Banking
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