Microlink - MiBS conventional and Islamic core banking solution
Overview:
Microlink Solutions Bhd is a Malaysia based end-to-end information technology solutions provider that supplies Islamic and Conventional banking solutions to local and international financial institutions. Established in 1994, Microlink specialize in the development and application of advanced technologies in providing comprehensive
and innovative solutions for the Financial Services Industry.
Product: MiBS core banking (conventional and islamic)
Conventional MiBS core banking:
MiBS is a proven core banking solution that has been powering many banks and financial institutions. It caters to the extensive and complex banking needs of individuals and corporations.
MiBS Core Banking solution has been running 24x7 real-time OLTP banking operations since 1995. It supports banks with hundreds of branches and benchmarks show that MiBS is truly scalable.
MiBS consists of Conventional Banking Modules with multi-currency and multi-financial institutions capability. It is complemented with various integrated delivery channels such as Branch Delivery System, Internet Banking, Intelligent Device Banking, Phone Banking, Electronic Banking Center, ATM and Inter-Bank Gateway.
Islamic MiBS core banking:
MiBS is a proven Syariah compliant Islamic Core Banking solution that has won the approval of many Syariah panels. It is interest free and caters for the banking needs of individuals and corporations. The Islamic solution has been running 24x7 real-time OLTP banking operations since 1996. The largest pure Islamic Bank in Malaysia is powered by MiBS.
MiBS Islamic Core Banking Source of Funds services:
• Al-Wadiah Yad Dhamanah Savings and Current Account
• Al-Mudharabah General and Special Investment
• Al-Musyarakah joint ventures
MiBS Islamic Core Banking Application of Funds services:
• Al Qardhul Hasan, Al-Bai Bithaman Ajil
• Al-Murabahah, Bai Al-Istisna, Bai Al-Istijrar, Bai Ad-Dayn
• Al-Ijarah, Al-Ijarah Thumma Al-Bai, Bai' ASSalam
• Ar-Rahnu, Al-Kafalah or Al-Dhamanah, Al-Hiwalah, Al-Wakalah, As-Sarf
• Al-Urj, Ad-Hibah
MiBS offers a single consolidated customer view across all modules and channels through the Customer Information File (CIF).
MiBS channels include:
• Branch delivery systems (BDS)
• ATM, Cash Deposit, Cheque Deposit Machines, Kiosks
• Internet, PDA, Phone and SMS Banking
• Smart Card based services
MiBS with other modules for:
• General Ledger
• Cheque clearing and management
• Security deposit
• User Security and Control
Platform: Open architecture - multi-tier. It drives branch clients on Windows or browser whilst utilizing a relational database in the z-Series. Channels and sub-systems are fully integrated on MQ.
