Saturday 19 April 2014
 
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ITS

Islamic insurance premiums to hit $12bn

The 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

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KFH-Bahrain deploys key Islamic banking solution

Kuwait 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

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ITS deploys security system in Sama bank

ITS (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

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ITS develops payments system for Saudi cbank

ITS (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

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Faisal picks ITS technology solution

Faisal 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

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ITS solution deployed at Capinnova

ITS (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

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Crash injuries costing UAE $5bn per year

Crash 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

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Omani Sharia-compliant services under focus

Top 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

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Bahrain school to install ERP system

State-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

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KFH signs key deal with IT firm

Kuwait 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

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