Amlak International, the world’s leading real estate finance company goes live on Temenos T24 Transact, Analytics and FCM. Congrats to NdcTech, Temenos and Amlak teams. T24 is used to originate and manage Amlak’s core portfolio for Real Estate Islamic Financing for Corporate, Retail and HNW customers.
Amlak International is the first to be granted a license to engage in mortgage lending in Saudi Arabia by the Saudi Arabian Monetary Agency “SAMA”. Amlak International carried the baton to provide funding for innovative solutions to real estate sectors, individuals and companies, in accordance with the standards and provisions of Islamic law and under the supervision of a Shari’a body composed of sheikhs and scholars with expertise and knowledge in Islamic banking and Islamic finance.
