Case Study

UAE's Leading Islamic Finance Institution Transforms its Loan Origination System with Newgen

UAE's Leading Islamic Finance Institution Transforms its Loan Origination System with Newgen

Pages 6 Pages

Newgen Software helped the UAE’s leading Islamic finance institution transform its loan origination system by automating manual workflows and introducing a mobile portal. This modernization addressed compliance concerns and back-office inefficiencies, significantly reducing loan approval times. Leveraging Newgen’s Loan and Card Processing Solution, the institution experienced a 20-fold increase in applicants, enhanced processing capacity, and improved customer accessibility. The solution ensured adherence to Sharia-compliant principles while streamlining operations and boosting overall service efficiency.

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