Azentio Software (‘Azentio‘), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced today that iMAL™ R14.6, the latest version of the company’s Islamic core banking platform, has successfully gone through the annual compliance exercise and received the certification for the year 2023 from the Accounting and Auditing Organization for Islamic Financial Institutions – AAOIFI, the world’s leading Islamic finance standard-setting body. This certification reflects the adherence of iMAL™ R14.6 to existing as well as the newly...