Practical Implementation of Information Technologies in Islamic Banking

On November 23, 2017 “GaiaBilgi Sistemleri Sanayi ve Ticaret Ltd” (Turkey) in partnership with Association of the microfinancial organisations of Tajikistan (AMFOT) has held presentation for the NBT employees of corresponding divisions on «Implementation and development of “GaiaBilgi” Information Technologies Programs for central banks on Islamic Banking» in National bank of Tajikistan.

In the beginning of presentation, Kibriyo Urokova, Head of NBT Islamic Banking Supervision Division, has thanked the representatives of the “GaiaBilgi Sistemleri Sanayi ve Ticaret Ltd” for visit and delivery of ready-made business model of Islamic banking, having noted that learning of experience of this company on implementation and development of Islamic banking system can have a special value for the Republic of Tajikistan. 

Then within the limits of presentation, representatives of “GaiaBilgi Sistemleri Sanayi ve Ticaret Ltd” had presented to participants the information on software for preparation of centralised reporting and automated banking system (transactional systems) of Islamic banking. During the presentation the experience of analytical and administrative reporting realisation in central banks, conceptual description of centralised reporting for Islamic banking systems, and also practical experiences of introduction of Islamic banking transactional systems in such countries, as Turkey, Kyrgyzstan and Azerbaijan were discussed. 

The purpose of carrying out this action is acquaintance with the Islamic banking automated systems (ABS) of central banks, learning of practical experience on Islamic banking and the best models of this system all over the world.

It is necessary to note that the given action was held by the NBT and AMFOT initiative with participation of representatives of “GaiaBilgi Sistemleri Sanayi ve Ticaret Ltd”, experts of NBT Information Technology Department and Banking Supervision Department.

Press Division NBT