China Systems proudly announces its relationship with the newly established Emirates Islamic Bank and the successful implementation and roll-out of
CS Eximbills version 4.

Emirates Islamic Bank, a member of the Emirates Bank Group, was formed upon the conversion of the Middle East Bank to an Islamic Institution.

With a launch date of October 2004, Emirates Islamic Bank approached China Systems in July with the challenge to convert their existing conventional system to Shari'a compliance.

The implementation was a joint effort between Emirates Islamic Bank and China Systems Middle East and demonstrated the power and flexibility of the Eximbills Toolkit which enabled the requirements for Shari'a compliance within all the trade finance instruments, including the creation of a Murabaha module, to be completed in less than three months to meet the launch and golive date of October 17th.

Emirates Islamic Bank was launched in 2004 to provide high quality Islamic banking services across the UAE. They offer a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all their activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law.

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