This industry research report identifies ITS, Oracle, Path Solutions, and Temenos as the key vendors in the global Islamic banking software market. A comprehensive analysis of this market is also presented by applications (retail banking, corporate banking, and others) and by geography (the Americas, APAC, and EMEA).
Tokyo, Japan -- (SBWIRE) -- 02/28/2019 -- Islamic banking or Islamic finance is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include Mudarabah(Profit sharing and loss bearing), Wadiah (safekeeping), Musharaka (joint venture), Murabahah (cost plus), and Ijara (leasing). Sharia prohibits riba, or usury, defined as interest paid on all loans of money. Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also haraam ("sinful and prohibited").
The Global Islamic Banking Software Market size is estimated to grow at a CAGR of +12% during forecast period.
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Islamic banking software refers to the banking software that functions according to the Shariah norms for managing and monitoring banking operations. To calculate the market size, we have considered the revenue generated from the sales of Islamic banking software offered by the vendors. Integrated solutions are not included in the software suites. Reseller revenues are also not considered as part of the market revenue. The report includes software sales for retail banking, corporate banking, capital markets, dealing, brokerage, and investment banking.
Top Companies Profiled in this Report includes, ITS, Oracle, Path Solutions, Temenos, AutoSoft Dynamics, BML Istisharat, Infopro, Infrasoft Technologies, Intertech, Millennium Information Solution, Sopra Banking Software, Tata Consultancy Services, EdgeVerve, ICS Financial Systems, Misys, Nucleus Software Exports, SAB, Silverlake Axis, Virmati Software & Telecommunications
New research report takes a close and analytical look at the various companies that strive for a higher share of the global Islamic Banking Software market. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis. The market is segmented on the basis of key criteria. For this purpose, a section dedicated to company profiles has been included in the report.
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Islamic Banking Software market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. The report provides detailed industry analysis of the global Islamic Banking Software market with the help of proven research methodologies such as Porter's five forces. The major geographical regions which include, North America, Asia Pacific, Europe, the Middle East & Africa and Latin America are studied.
Islamic Banking Software Market segment by Type, the product can be split into
- Clould-based
- On-Premise
Islamic Banking Software Market segment by Application, split into
- Retail Islamic banking software
- Corporate Islamic banking software
Islamic Banking Software Market segment by Regions/Countries, this report covers
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South America
Key questions answered in the report include
- What will the market size and the growth rate be in 2025?
- What are the key factors driving the global Islamic Banking Software market?
- What are the key market trends impacting the growth of the global Islamic Banking Software market?
- What are the challenges to market growth?
- Who are the key vendors in the global Islamic Banking Software market?
- What are the market opportunities and threats faced by the vendors in the global Islamic Banking Software market?
- Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
- What are the key outcomes of the five forces analysis of the global Islamic Banking Software market?
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Table of Contents
Global Islamic Banking Software Market Research Report
Chapter 1 Islamic Banking Software Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Islamic Banking Software Market Forecast