CompaniesIT vendorsAzentio Software

Azentio Software

Core bankingProduct vendorSingapore

Vendor of iMAL — an AAOIFI-certified Islamic core banking system

Founded
2020
Headquarters
Singapore, Singapore
Team
1001–5000
Leadership
1 people
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About the company

Azentio Software (Singapore, consolidated in 2020; around 1,900 employees) develops iMAL, an Islamic core banking platform with a full lifecycle of Sharia-compliant products (Murabaha, Musharaka, Mudaraba, Ijara, Istisna) and an AAOIFI-certified profit calculation engine. The AAOIFI certification has been renewed for the 16th consecutive year (2025). Implementations span 36+ countries across the Middle East, Africa, and Asia (6,000+ branches, 25+ million accounts). No public clients are named in Kazakhstan or Uzbekistan.

Founded
2020
Headquarters
Singapore, Singapore
Geography
Middle East & Africa, Asia
Team
1001–5000
Country
Singapore
Products
iMAL
Islamic core banking: full cycle of Sharia-compliant products, AAOIFI-certified profit calculation system (PCS), API-first digital platform.
Trust and facts
Partnerships
Regula
REACH partner program
Clients and cases
Bank of Abyssinia
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BankIslami (Pakistan)
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Boubyan Bank
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Vision Bank
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Siraj Finance
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Certifications
AAOIFI (iMAL, renewed for 2025)
ISO 9001:2015
ISO/IEC 27001:2013
Technology
JavaJava EESOAopen APIs