--- description: Review of Azentio iMAL Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Azentio iMAL | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Banking Software](/directory/4216/banking-systems/software) > [Azentio iMAL](/software/533905/iMAL) # Azentio iMAL Canonical: https://www.softwareadvice.ie/software/533905/iMAL Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/533905/iMAL?page=2) > Azentio iMAL is an AAOIFI-certified Islamic banking platform designed for Shari'ah-compliant financial operations. It supports financial institutions in regions such as the Middle East, Africa, and Asia, facilitating retail banking, corporate banking, treasury operations, investment management, trade finance, and microfinance. The platform features a modular architecture, including Islamic Core Banking for multi-entity and multi-currency operations, Islamic Financing for lifecycle management, and an AAOIFI-certified Profit Calculation Engine for automating accruals, allocations, and profit-sharing distributions. It offers Islamic Treasury management for real-time money market and foreign exchange operations, Islamic Investment Management for portfolio and fund activities, and Islamic Trade Finance for managing guarantees and letters of credit. Additionally, it includes Islamic Microfinance functionality for group and individual lending, as well as a Digital Banking Platform for mobile and online banking. The system is built with an API-first, cloud-ready architecture, enabling integration with existing banking ecosystems. It processes transactions in real time, provides a comprehensive view of customer relationships, and generates regulatory reports. Its parameter-driven design allows institutions to configure new products and expand into new markets without disrupting current operations. > > Verdict: Rated **4.3/5** by 15 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.3/5** | 15 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support | 4.5/5 | Based on overall reviews | | Value for Money | 4.5/5 | Based on overall reviews | | Features | 4.3/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Azentio Software ## Commercial Context - **Starting Price**: US$1.00 - **Pricing model**: Usage Based - **Pricing Details**: The proposed pricing for iMAL is structured as a 5-year subscription model that covers all the bank’s branches and transaction volumes under a single consolidated agreement. The iMAL™ solution is licensed on an annual subscription basis with a minimum commitment of five years, after which the subscription fees may be revisited and mutually agreed upon between the Bank and Azentio. The pricing is volume-based, primarily linked to the number of active accounts or customers reported by the Bank, ensuring that costs remain aligned with actual usage and future growth. The subscription fee includes both the licenses for the scoped modules and ongoing maintenance and support services, providing a comprehensive coverage model. - **Target Audience**: 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (Desktop), Windows (On-Premise), Linux (On-Premise), Chromebook (Desktop) - **Supported Languages**: Arabic, English, French - **Available Countries**: Algeria, Bahrain, Egypt, Ethiopia, Gambia, Guinea, Iraq, Jordan, Kenya, Kuwait, Lebanon, Malaysia, Maldives, Mauritania, Morocco, Niger, Nigeria, Oman, Pakistan, Palestinian Territories and 13 more ## Features - API - ATM Management - Accounting - Activity Dashboard - Alerts/Escalation - Audit Management - Authentication - Compliance Management - Compliance Tracking - Contact Database - Core Banking - Corporate Banking - Credit Card Management - Credit Card Processing - Customer Accounts - Customer Experience Management - Customisable Reports - Document Management - Document Storage - Electronic Payments ## Integrations (7 total) - ATMS - Cards - DocuWare - Payment Gateway - Regula - Regulatory Compliance - Swift ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base - Phone Support - 24/7 (Live rep) - Chat ## Category - [Banking Software](https://www.softwareadvice.ie/directory/4216/banking-systems/software) ## Alternatives 1. 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[TRAC](https://www.softwareadvice.ie/software/423235/trac) — 4.8/5 (49 reviews) ## Reviews ### "iMAL3" — 4.0/5 > **Verified Reviewer** | *26 September 2019* | Banking | Recommendation rating: 10.0/10 > > **Pros**: 1- Flexible system gives the user the ability to manage their features. 2- Ability to modify the system’s behavior based on business needs. 3- Cover the most of bank’s needs. 4- Good support. 5- The minimum numbers of bugs. 6- Easy to use. 7- Reliable services. 8- Good performance. > > **Cons**: Some modifications or bug fix take long time to be done > > Excellent experience in overall ----- ### "alBaraka Bank Syria - IT Director" — 4.0/5 > **Mohannad** | *21 April 2021* | Banking | Recommendation rating: 8.0/10 > > **Pros**: Modularity, Ease of use, so many parameters for customizing products and services, wide range of APIs > > **Cons**: Continuous Performance Tuning on DB level. Some bugs appears due to huge numbers of parameters > > Very Good option for Islamic banks ----- ### "IMAL Core Banking" — 3.0/5 > **Bashar** | *21 June 2021* | Banking | Recommendation rating: 5.0/10 > > **Pros**: Core Banking modules in IMAL (CSM, IIS, etc...) are well addressed, flexible, and have a high degree of customization. as a web-based application it makes the process of support and applying fixes very easy and deployment is straight-forward. the support team is very helpful and responsible > > **Cons**: what I dislike in IMAL it consumes high storage, sometimes it has performance issues, and lock occurred at the level of database. it is really need attention on above areas. one more thing they need to develop their quality control to avoid recurring issues. ----- ### "IMAL Java R14" — 4.0/5 > **Mohammed** | *16 September 2019* | Banking | Recommendation rating: 8.0/10 > > **Pros**: a) The web version is easy to implement b)Improved transaction processing c) Faster processing- End of Day processes take less time d)Better system performance due to the architectural design e)Enhanced security posture- Web Layer +App Layer + Database Layer > > **Cons**: i) Not Robust on Loan Origination for corporate entities ii)Lack of an in-built document management functionality > > 1-Fast turn around time in transaction processing 2-Faster roll out of new products 3-System allows us to customise some functionality with vendor involvement ----- ### "IMAL core banking system" — 4.0/5 > **Ahmed** | *26 February 2021* | Banking | Recommendation rating: 8.0/10 > > **Pros**: It is a modular system in which you can parameterize and achieve most of your deposit or financing product requirements. The administration of the system is straightforward and easy. It took less than 3 months for us to implement and go live. > > **Cons**: The UI and UX needs to be improved. The number of standard reports delivered with the system needs to be improved. > > Almost all Islamic banking products can be parameterized or customised in iMAL core banking system. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/533905/iMAL?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/533905/iMAL) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data