Boubyan Bank completes MX.3 implementation for sharia-compliant treasury activity

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Boubyan Bank completes MX.3 implementation for sharia-compliant treasury activity

//business-finance.news-articles.net/content/202 .. tion-for-sharia-compliant-treasury-activity.html

Published in Business and Finance on Tuesday, December 3rd 2024 at 8:31 GMT by Bill Williamson
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

KUWAIT and PARIS â€” Murex is pleased to announce that Boubyan Bank, a leading Kuwait financial institution, has completed MX.3 platform implementation for Sharia-compliant treasury activity.

Boubyan Bank has successfully implemented the MX.3 Treasury solution from Finastra, enhancing its Sharia-compliant treasury operations. This implementation aims to streamline processes, increase efficiency, and support the bank's growth by providing a comprehensive platform for managing treasury activities. The MX.3 solution offers real-time processing, automation of complex financial transactions, and adherence to Islamic finance principles, thereby improving the bank's ability to manage liquidity, risk, and compliance effectively. This move is part of Boubyan Bank's strategy to leverage advanced technology to meet the evolving needs of its customers and to maintain its competitive edge in the financial sector.

Read the Full Zawya Article at:
[ https://www.zawya.com/en/press-release/companies-news/boubyan-bank-completes-mx3-implementation-for-sharia-compliant-treasury-activity-cexf8y6r ]