Path Solutions
iWINDOW
Path Solutions
iWINDOW
© Copyright 2011 Path Solutions All Rights Reserved
Powering Financial Markets
1
Path Solutions
iWINDOW
Summary
Target Market
Key Features
Key Advantages
© Copyright 2011 Path Solutions All Rights Reserved
Powering Financial Markets
2
Path Solutions
iWINDOW
Summary
iWINDOW is a solution for Islamic window operations in conventional financial institutions.
iWINDOW empowers conventional financial institutions in going into new business opportunities
and allow them to reach new potential customers, maximize their investments and efficiency
while being in full compliance with Sharia regulations.
The system functionalities cover customer service management (retail and corporate banking),
financing operations, trade finance operations, financial accounting and reporting.
The functionality may be extended, based on the institution’s request, to include investment
operations and fund management, treasury management, fixed assets and SWIFT.
© Copyright 2011 Path Solutions All Rights Reserved
Powering Financial Markets
3
Path Solutions
iWINDOW
Target Market
The module is aimed to be used by conventional banks with Islamic window operations (existing
Islamic windows, or to be established).
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Powering Financial Markets
4
Path Solutions
iWINDOW
Key Features
 Customer service management options (retail & corporate banking)
 Islamic financing operations, including products such as:
 Ijarah, Diminishing Musharaka and Commercial Murabaha
 Retail products such as:
 Murabaha car
 Murabaha goods
 Murabaha real estate
 Corporate products such as:
 Murabaha real estate
 Murabaha for buildings
 Murabaha letters of credit
 Murabaha bills for collection
 Trade finance operations
 Financial accounting, and reporting.
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Powering Financial Markets
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Path Solutions
iWINDOW
Key Features (continued)
 Facility Management features, catering for:
 Corporate financing including, but not limited to:
 Automatic credit scoring
 Ratio analysis
 Electronic application processing
 Collateral management
 Main limits and sub-limits
 Consumer financing
 Automatic credit scoring
 Collateral management.
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Powering Financial Markets
6
Path Solutions
iWINDOW
Key Features (continued)
The functionality may be extended, based on the institution’s request, to investment
operations and fund management, treasury management, fixed assets and SWIFT.
Some of Treasury management features include:
 Forex deals
 Exchange of deposits
 Commodity and Reverse Murabaha with Wakala financing and borrowing.
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Powering Financial Markets
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Path Solutions
iWINDOW
Key Advantages
The module :
• Performs accounting requirements, securities tracking, and regulatory
compliance
• Offers direct integration with interfaces to generate updated market data
• Manages the use of constrained resources by increasing, decreasing, or
withdrawing investment funding, where it is appropriate
• Tracks and manages all financial institutions’ accounts, relationship
structures, and contracts.
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Powering Financial Markets
8
Path Solutions
iWINDOW
Key Advantages (cont’d)
• Islamic module (fully Sharia-compliant)
• Fully integrated with all iMAL modules
• Easily integrated with other core banking applications used at the main conventional
entity
• Based on long experience in the Islamic banking industry
• With testimonials endorsement
• Offers out-of-the-box products for all known Islamic banking services
• Fully-parameterized system
• Made specifically for Islamic banking operations and provides the market best
practice.
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Powering Financial Markets
9
Path Solutions
iWINDOW
http://www.path-solutions.com
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