Azentio launches next gen “Islamic Finance Origination” to accelerate GCC growth

Post author:Abdallah Ramadan
Post published:15 سبتمبر، 2025
Post category:أخبار

Riyadh,– September 15, 2025: Azentio Software, the end-to-end BFSI software specialist, announced the launch of its next-generation Islamic Finance Origination (IFO) solution. Purpose-built for speed, compliance, and scale, the new offering is set to transform how financial institutions deliver retail, SME, and corporate financing across the GCC.

The launch comes at a pivotal moment as GCC economies diversify and FinTech adoption becomes central to all national economic transformation agendas. National programmes such as Saudi Vision 2030 reshaping financing priorities, with regulators demanding faster innovation alongside stricter compliance.

Yet the gap remains significant. According to the World Bank, only 11% of SMEs in the region currently have access to formal funding. At the same time, the GCC private financing market is projected to expand to USD 11–20 billion within the next six years, while corporate and investment banking revenues are forecast to reach USD 90–100 billion by 2030 (IMF).

• Saudi Arabia: The Kingdom has a dedicated FinTech Strategy under Vision 2030, aiming to position itself as a global hub. Having already surpassed its 70% non-cash transaction target two years ahead of schedule in 2023, Saudi Arabia’s momentum is driven by 97% smartphone penetration, a young population, and regulatory innovation from FinTech Saudi and SAMA’s sandbox programmes.

Azentio’s Islamic Finance Origination directly addresses theseregional needs by enabling banks to launch products faster, strengthen compliance, and expand access to both conventional and Islamic financing.

Built for speed, compliance, and scale:

• 70% faster product launches with built-in compliance, cutting time-to-market from months to weeks.

• Smarter credit decisions via automation, dynamic workflows, and integration with KYC, AML, and credit bureau systems.

• Cloud-ready, scalable architecture that adapts easily to regulatory change.

• Future-proof innovation with support for advanced analytics and alternative data sources.

Commenting on the launch, L Guru Raghavendran, Senior Vice President, Lending – Product Management, Azentio Software, said: “Our mission is to empower financial institutions with technology that doesn’t just improve efficiency but creates lasting impact. With our new Islamic Finance Origination product, we are enabling GCC banks to innovate faster, comply with evolving regulations, and expand access to financing for corporate, SMEs and retail customers. This launch reflects Azentio’s commitment to supporting the region’s broader economic and financial inclusion goals.”

He added: “The GCC is at a tipping point in financing, where speed, compliance, and trust are non-negotiable. Our solution unifies intelligence, automation, and compliance in one offering, giving banks the agility to innovate and the resilience to scale responsibly.”