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Islamic Finance : Islamic Banking Last Updated: Jun 25th, 2007 - 17:07:26

 


Microlink Secures Deal With Bank Of Khartoum
By Bobsguide
Mar 26, 2007, 07:32

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Kuala Lumpur - 22 March 2007

Bank of Khartoum (“BOK”) which is based in North Africa has selected Microlink Banking Solutions (“MiBS”) for its Islamic financing solutions needs.

The deal was signed between Microlink Worldwide Sdn Bhd (a wholly owned subsidiary of Microlink Solutions Berhad) and BOK to implement the full suite of Islamic financing and credit management system.

With over a decade of experience, Microlink has extensive expertise and experience in the provision of banking solutions for the Islamic banking and finance industry.

MiBS was chosen by BOK after an extensive evaluation process over the course of several months, reaffirming Microlink as the vendor of choice in the region for Islamic banks that aim to provide differentiated Shariah compliant product offerings.

This deal adds to Microlink’s growing list of customers in the Middle East and North Africa (MENA) region which is in line with the company’s expansion plan.

BOK currently has 49 branches and is part of the Dubai Islamic Bank group. BOK is expanding rapidly and continues to strive for product and service excellence to its customers.

“We are proud of partnering with BOK and they can be rest assured that this will be a mutually beneficial long-term relationship. We are committed to delivering banking solutions that are technologically superior and with the implementation of the MiBS, BOK will have a competitive advantage over its competitors.” says Microlink’s CEO, Mr. Edward Phong.


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