Islamic Banking Software Market by Application, Deployment and Geography - Forecast and Analysis 2023-2027

Published: Sep 2023 Pages: 170 SKU: IRTNTR43088

Islamic Banking Software Market 2023-2027:

The Islamic banking software market size is estimated to grow at a CAGR of 10.75% between 2022 and 2027. The market size is forecast to increase by USD 2,731.39 million. The growth of the market depends on several factors, including the issue of smart cards by Islamic banks, the increasing SUKUK issuance, and the mobility in the banking industry. The global Islamic banking software market is referred to as the industry that provides software solutions specially created to meet the needs of Islamic financial institutions. Islamic banking software streamlines and automates several financial operations while upholding Shariah law principles, such as the ban on interest (RIBA) and the encouragement of risk-sharing and asset-backed transactions.

This Islamic banking software market report extensively covers market segmentation by application (retail, corporate, and others), deployment (on-premises and cloud), and geography (Middle East and Africa, APAC, Europe, North America, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Islamic Banking Software Market During the Forecast Period?

To learn more about this report, View Report Sample

Islamic Banking Software Market Overview

Driver

The issue of smart cards by Islamic banks is driving growth in the Islamic banking software market. Islamic banks issuing smart cards are expected to play an important role in driving the global Islamic banking software market. By storing personal and financial information on a chip that is integrated into the card, smart cards provide increased security, convenience, and flexibility. 

However, as new Islamic banks enter the market, there is an increasing need for secure software solutions that will help them manage their operations and old conventional banks create Islamic banking sections. The demand for smart cards in the banking sector is increasing, and this will drive the growth of the market focus during the forecast period.

Trends

The adoption of blockchain technology is a key trend in the Islamic banking software market. Digital transformation has enabled the use of blockchain technology. The digital transformation of the industry verticals such as BFSI and the manufacturing sector is driving the blockchain technology market. With the emergence of blockchain technology, IoT, and supply chain analytics, it has become quite easy to manage complex distribution and logistics systems. 

Moreover, the use of cloud computing solutions will enable manufacturing industries to implement IoT technologies by connecting sensors and embedded devices that access real-time data and information. The integration of IT systems may also allow manufacturers to connect with their suppliers and customers through cloud computing. The cloud also helps to lower the per-person access costs significantly. Thus, the adoption of blockchain technology will drive the growth of the global Islamic banking software market during the forecast period.

Restrain

The lack of expertise, awareness, and training in Islamic banking software is a major challenge in the Islamic banking software market.  Many banks are facing a lot of difficulty in adopting new software and advanced technologies. Specialized training in the technology used is required, which enables the banking staff to match the needs of clients. The integration helps to create a common interface and disparate content management systems for banks.

However, due to the lack of qualified experts, a large number of banks are facing problems in implementing integration systems effectively. In most cases, banking firms lack the technical expertise to solve the integration issues, and this may prove to be a major challenge for the integration of business infrastructure. The lack of expertise, awareness, and training will hamper the growth of the global Islamic banking software market during the forecast period.

Islamic Banking Software Market Segmentation By Application

The market share growth by the retail segment will be significant during the forecast period. The software solutions and services that are specifically tailored to the requirements of individual clients in Islamic banks are referred to as the retail segment in the global Islamic banking software market. By using these software solutions, a wide range of retail banking products and services that are in compliant with Sharia can be provided by the banks.

Get a glance at the market contribution of various segments View Free  PDF Sample

The retail segment showed a gradual increase in the market share of USD 1,390.20 million in 2017 and continued to grow by 2021To provide consumers with a seamless and easy experience while guaranteeing compliance with Islamic banking laws, Islamic banking software was created to automate and streamline retail banking procedures. There are often elements in Islamic banking software for the retail market with a special focus on Islam, like profit and risk-sharing agreements in place of interest-based transactions.

Islamic Banking Software Market Segmentation By Deployment

In an on-premises deployment, the software is installed on the institution's own servers and infrastructure, and it is also internally managed and maintained. This deployment strategy provides financial institutions with greater control and flexibility, as they are in a position of direct access to the software enabling them to change it for their specific needs. Several variables influence the adoption of the Islamic banking software market on-premises deployment segment. On-premises deployment, however, faces significant difficulties as well. It necessitates a substantial initial outlay for hardware, servers, and IT infrastructure in addition to continuous maintenance and support expenses. The increased benefit of the on-premises deployment segment will drive the growth of the global Islamic banking software market during the forecast period.

Regional Overview

For more insights on the market share of various regions Download PDF Sample now!

Middle East and Africa are estimated to contribute 70% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Rapid growth has been reported in the Middle East and Africa market for Islamic banking software. One of the major reasons for this is the high concentration of the Muslim population in this region, which is increasing the demand for Islamic banking software. The debt capital markets in the area are heavily influenced by the Dubai Islamic Bank. The launch process is now under the responsibility of the Shariah Supervisory Board of BankABC Islamic. 

Moreover, the major revenue-generating countries in this region are the GCC countries, which account for a large portion of the global Islamic finance assets. African countries such as Sudan are also experiencing high growth in their Muslim population, which is increasing the demand for Islamic retail banking. Iran's biggest economic contributor is the world economy. Rising government presence in the regional Islamic banks is further expected to propel growth in the Islamic banking system and, consequently, the Islamic banking software market during the forecast period.

COVID-19 positively affected the regional Islamic banking software market in 2020. The pandemic has accelerated the digitization of regional Islamic banks and also introduced the use of AI in banking. However, the regional government's initiation of vaccination drives in 2021 helped in the reduction of COVID-19 and further enhanced the growth of the global Islamic banking software market. The demand for Islamic banking software will further increase as a result of changes to digitalization and Artificial Intelligence within the region's Islamic bank sector, which, in turn, will increase the growth rate of the regional Islamic banking software market during the forecast period.

Islamic Banking Software Market Customer Landscape

The Islamic Banking Software Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Islamic Banking Software Market Customer Landscape

Who are the Major Islamic Banking Software Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AutoSoft Dynamics Pvt. Ltd.- The company offers Islamic banking software solutions that are designed to support retail, corporate, and microfinance banking needs along with several banking plug-in modules as per the bank need, under the brand name of AutoSofts. 

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Azentio Software Pvt. Ltd.
  • Bank Albilad
  • Bank Alfalah Islamic Banking
  • BML Istisharat SAL
  • Codebase Technologies FZE
  • Craft Silicon Ltd.
  • First Abu Dhabi Bank PJSC
  • ICS Financial Systems Ltd.
  • INFOPRO Sdn Bhd
  • Infosys Ltd.
  • International Turnkey Systems Group
  • Millennium Information Solution Ltd.
  • Nucleus Software Exports Ltd.
  • Oracle Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The Islamic banking software market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • Retail
    • Corporate
    • Others
  • Deployment Outlook (USD Million, 2017 - 2027)
    • On-premises
    • Cloud
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Islamic Banking Software Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 10.75%

Market growth 2023-2027

USD 2,731.39 million

Market structure

Fragmented

YoY growth 2022-2023(%)

10.23

Regional analysis

Middle East and Africa, APAC, Europe, North America, and South America

Performing market contribution

Middle East and Africa at 70%

Key countries

Saudi Arabia, United Arab Emirates, Kuwait, Qatar, and Malaysia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AutoSoft Dynamics Pvt. Ltd., Azentio Software Pvt. Ltd., Bank Albilad, Bank Alfalah Islamic Banking, BML Istisharat SAL, Codebase Technologies FZE, Craft Silicon Ltd., First Abu Dhabi Bank PJSC, ICS Financial Systems Ltd., INFOPRO Sdn Bhd, Infosys Ltd., International Turnkey Systems Group, Millennium Information Solution Ltd., Nucleus Software Exports Ltd., Oracle Corp., Silverlake Axis Ltd., Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos AG, and Virmati Infotech Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

View PDF Sample

What are the Key Data Covered in this Islamic Banking Software Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across the Middle East and Africa, APAC, Europe, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global islamic banking software market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global islamic banking software market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Deployment Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Retail - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Retail - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Retail - Year-over-year growth 2022-2027 (%)
    • 6.4 Corporate - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Corporate - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Corporate - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Corporate - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Corporate - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)
      • Exhibit 47: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 48: Chart on Deployment - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Deployment - Market share 2022-2027 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 50: Chart on Comparison by Deployment
      • Exhibit 51: Data Table on Comparison by Deployment
    • 7.3 On-premises - Market size and forecast 2022-2027
      • Exhibit 52: Chart on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on On-premises - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on On-premises - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
    • 7.4 Cloud - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Cloud - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 60: Market opportunity by Deployment ($ million)
      • Exhibit 61: Data Table on Market opportunity by Deployment ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 67: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 Saudi Arabia - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
    • 9.9 Malaysia - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Malaysia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Malaysia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Malaysia - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Malaysia - Year-over-year growth 2022-2027 (%)
    • 9.10 United Arab Emirates - Market size and forecast 2022-2027
      • Exhibit 95: Chart on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on United Arab Emirates - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on United Arab Emirates - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on United Arab Emirates - Year-over-year growth 2022-2027 (%)
    • 9.11 Kuwait - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Kuwait - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Kuwait - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Kuwait - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Kuwait - Year-over-year growth 2022-2027 (%)
    • 9.12 Qatar - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Qatar - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Qatar - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Qatar - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Qatar - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ million)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 AutoSoft Dynamics Pvt. Ltd.
              • Exhibit 115: AutoSoft Dynamics Pvt. Ltd. - Overview
              • Exhibit 116: AutoSoft Dynamics Pvt. Ltd. - Product / Service
              • Exhibit 117: AutoSoft Dynamics Pvt. Ltd. - Key offerings
            • 12.4 Azentio Software Pvt. Ltd.
              • Exhibit 118: Azentio Software Pvt. Ltd. - Overview
              • Exhibit 119: Azentio Software Pvt. Ltd. - Product / Service
              • Exhibit 120: Azentio Software Pvt. Ltd. - Key offerings
            • 12.5 Bank Albilad
              • Exhibit 121: Bank Albilad - Overview
              • Exhibit 122: Bank Albilad - Product / Service
              • Exhibit 123: Bank Albilad - Key offerings
            • 12.6 Bank Alfalah Islamic Banking
              • Exhibit 124: Bank Alfalah Islamic Banking - Overview
              • Exhibit 125: Bank Alfalah Islamic Banking - Product / Service
              • Exhibit 126: Bank Alfalah Islamic Banking - Key offerings
            • 12.7 BML Istisharat SAL
              • Exhibit 127: BML Istisharat SAL - Overview
              • Exhibit 128: BML Istisharat SAL - Product / Service
              • Exhibit 129: BML Istisharat SAL - Key offerings
            • 12.8 Craft Silicon Ltd.
              • Exhibit 130: Craft Silicon Ltd. - Overview
              • Exhibit 131: Craft Silicon Ltd. - Product / Service
              • Exhibit 132: Craft Silicon Ltd. - Key offerings
            • 12.9 First Abu Dhabi Bank PJSC
              • Exhibit 133: First Abu Dhabi Bank PJSC - Overview
              • Exhibit 134: First Abu Dhabi Bank PJSC - Product / Service
              • Exhibit 135: First Abu Dhabi Bank PJSC - Key offerings
            • 12.10 ICS Financial Systems Ltd.
              • Exhibit 136: ICS Financial Systems Ltd. - Overview
              • Exhibit 137: ICS Financial Systems Ltd. - Product / Service
              • Exhibit 138: ICS Financial Systems Ltd. - Key offerings
            • 12.11 Infosys Ltd.
              • Exhibit 139: Infosys Ltd. - Overview
              • Exhibit 140: Infosys Ltd. - Business segments
              • Exhibit 141: Infosys Ltd. - Key news
              • Exhibit 142: Infosys Ltd. - Key offerings
              • Exhibit 143: Infosys Ltd. - Segment focus
            • 12.12 International Turnkey Systems Group
              • Exhibit 144: International Turnkey Systems Group - Overview
              • Exhibit 145: International Turnkey Systems Group - Product / Service
              • Exhibit 146: International Turnkey Systems Group - Key offerings
            • 12.13 Nucleus Software Exports Ltd.
              • Exhibit 147: Nucleus Software Exports Ltd. - Overview
              • Exhibit 148: Nucleus Software Exports Ltd. - Product / Service
              • Exhibit 149: Nucleus Software Exports Ltd. - Key offerings
            • 12.14 Oracle Corp.
              • Exhibit 150: Oracle Corp. - Overview
              • Exhibit 151: Oracle Corp. - Business segments
              • Exhibit 152: Oracle Corp. - Key news
              • Exhibit 153: Oracle Corp. - Key offerings
              • Exhibit 154: Oracle Corp. - Segment focus
            • 12.15 Sopra Steria Group SA
              • Exhibit 155: Sopra Steria Group SA - Overview
              • Exhibit 156: Sopra Steria Group SA - Business segments
              • Exhibit 157: Sopra Steria Group SA - Key news
              • Exhibit 158: Sopra Steria Group SA - Key offerings
              • Exhibit 159: Sopra Steria Group SA - Segment focus
            • 12.16 Tata Consultancy Services Ltd.
              • Exhibit 160: Tata Consultancy Services Ltd. - Overview
              • Exhibit 161: Tata Consultancy Services Ltd. - Business segments
              • Exhibit 162: Tata Consultancy Services Ltd. - Key news
              • Exhibit 163: Tata Consultancy Services Ltd. - Key offerings
              • Exhibit 164: Tata Consultancy Services Ltd. - Segment focus
            • 12.17 Temenos AG
              • Exhibit 165: Temenos AG - Overview
              • Exhibit 166: Temenos AG - Business segments
              • Exhibit 167: Temenos AG - Key news
              • Exhibit 168: Temenos AG - Key offerings
              • Exhibit 169: Temenos AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              islamic banking software market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis