Mambu Unveils Upgraded Islamic Banking Capabilities to Power the Next Generation of Shari’ah-Based Finance

Mambu Islamic Banking enhancements are built to help financial institutions scale Shari’ah-compliant offerings with confidence and efficiency. Banks in APAC and MEA can now automate compliance, speed up time to market, and satisfy expanding customer demands with modern, modular tools through this ethical fintech innovation.

With assets expected to surpass $3.8 trillion by 2025, the Islamic banking sector is primed for scale. Yet many banks across the Middle East and Africa (MEA) and Asia-Pacific (APAC) are operating on infrastructure that simply can’t support the demands of today’s customers, or the pace of change in financial services. Mambu’s latest advancements provide a future-ready foundation for ethical finance, enabling banks to meet growing customer expectations and regulatory requirements while staying true to Islamic principles.

“This launch marks a significant milestone in our commitment to ethical and inclusive finance and to our customers in APAC and MEA,” said David Becker, Market Sales Director, APAC. “Mambu’s cloud banking platform coupled with our powerful Islamic Profit Sharing capabilities ensure financial institutions now have access to powerful tools that reduce complexity, automate compliance, and accelerate time to market, all within a fully Shari’ah-aligned framework.”

Mambu’s cloud banking platform has a proven track record of enabling financial institutions to modernise and launch their Islamic banking offerings. Building on this success, our newly enhanced Islamic banking capabilities are already gaining significant traction, allowing new and existing customers to streamline operations, optimise product development, and launch Shari’ah-compliant solutions with unprecedented ease, speed, and scalability.

Mambu’s expanded Islamic banking offering provides a comprehensive suite of tools for Islamic banks and those looking to offer Shari’ah-compliant products. The new and improved capabilities include:

• Islamic Profit Sharing (IPS): A powerful, purpose-built engine designed to automate, streamline, and scale Islamic banking operations. By automating the fair calculation and distribution of profits, IPS significantly reduces operational risk while ensuring full transparency and alignment with Shari’ah principles.
• Islamic funding solutions: Supports current and savings account products based on true profit-and-loss sharing principles such as Mudarabah, Wakalah, Wadiah, Qard Hassan and Tawarruq.
• Islamic financing solutions: Our flexible engine supports a range of Shari-ah based financing products for personal, SME, and asset-based needs including Murabaha, Tawarruq, and Qard Hassan.

With Mambu’s true SaaS architecture and low-code product configuration, financial institutions can scale operations across Islamic and conventional banking systems while maintaining clear separation between them. Mambu’s dual-banking support enables seamless expansion into new markets, backed by real-time performance, built-in security, and regulatory tools.

“Islamic banks don’t just need digital tools, they need a flexible foundation built for ethical growth,” added Harjit Kang, Head of Middle East & Africa. “To remain competitive in a digitally transforming region, Islamic banks must adopt new technologies; innovators will gain first-mover advantages, while those who fail to adapt, risk being left behind. Mambu enables them to lead with agility, trust, and purpose.”

With Mambu Islamic Banking, establishing modern, Shari’ah-compliant solutions supported by flexible cloud infrastructure will allow institutions to take the lead in ethical finance.