Islamic insurance premiums to hit $12bnThe Islamic insurance industry has demonstrated substantial growth in recent years with gross written premiums (GWPs) estimated to reach $12 billion in 2012, said an expert. This growth will be coupled with a compound annual growt More… |
KFH-Bahrain deploys key Islamic banking solutionKuwait Finance House – Bahrain (KFH) signed an agreement with International Turnkey Systems (ITS) Group to deploy the latter’s Ethix Core Solution for Islamic banking which will provide new IT solutions to the bank’s financial More… |
ITS deploys security system in Sama bankITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im More… |
ITS develops payments system for Saudi cbankITS (International Turnkey Systems) Group, a leading software firm, has developed a security system for Saudi Arabian Monetary Agency (Sama) to manage electronic payments, digital signatures and smart cards. The security system has been im More… |
Faisal picks ITS technology solutionFaisal Islamic Bank, a leading bank in Egypt, signed an agreement with ITS (International Turnkey Systems) Group towards deploying its Ethix-Financial Solutions, a leading banking technology solution from ITS. “The deployment comes as a pa More… |
ITS solution deployed at CapinnovaITS (International Turnkey Systems) Group, a leading solution provider for both Islamic and conventional banks, has completed deploying its Ethix Core solution for Islamic banking at Capinnova Investment Bank, the Shari’a compliant investment bank More… |
Crash injuries costing UAE $5bn per yearCrash injuries in the UAE have been estimated to cost the country about Dh20 billion ($5.4 billion) annually, according to a report. The research carried out by the Roadway, Transportation and Traffic Safety Research Centre (RTTSRC) a More… |
Omani Sharia-compliant services under focusTop Islamic banking experts will discuss opportunities for Omani banks interested in taking advantage of a recent Omani royal decree authorizing the establishment of Sharia-compliant services at an upcoming conference in Muscat. Inter More… |
Bahrain school to install ERP systemState-owned Bahrain Polytechnic recently signed a contract with International Turnkey Systems Group (ITS), a major IT services provider, for the implementation of the Banner Enterprise Resource Planning (ERP) system. The system incorporate More… |
KFH signs key deal with IT firmKuwait Finance House-Bahrain (KFH), a leading provider of Islamic banking services, announced that it has appointed computer group International Turnkey Systems (ITS) to provide an integrated "ethical banking" solution to support the bank's expans More… |








