Standard Bank Limited has signed an agreement for ‘Islamic Core Banking Solution (Hikmah)’ recently with ERA-InfoTech Limited to provide shariah based Islamic banking service to its customer.
Khondoker Rashed Maqsood, Managing Director & CEO of Standard Bank Limited and Md. Serajul Islam, FCMA, CEO of ERA-InfoTech Limited signed the agreement on behalf of the respective organisations in a ceremony.
Standard Bank has been using Hikmah, an Islamic core banking solution developed by ERA InfoTech, since its transformation into a full-fledged Shariah-based Islamic bank on January 1, 2021.
Md. Touhidul Alam Khan, Additional Managing Director, CRO & CAMLCO, Mohammad Rafiqul Islam, Deputy Managing Director & COO, Md Mohon Miah, Coordinator of Islami Bank Conversion project, Sufi Tofail Ahamed, EVP & CITO, along with other divisional head of head office from Standard Bank Limited and Tauhidul Hoque, CTO, A.S.M. Nurun Nabi, Head of Business along with other high officials of ERA-Infotech were present at the program.
