Four Products. One Unified Shariah Architecture.
Built specifically to overcome the structural limitations of legacy interest-based banking software. Deploy individually or as a unified ecosystem.
Tikari Core
The complete financial engine for Islamic banks, microfinance institutions, and non-interest windows.
Engineered from scratch around AAOIFI financial accounting standards. Tikari Core replaces rigid conventional ledgers with native Shariah contracts, automated profit-sharing ratios, real-time central bank reporting, and lightning-fast sub-10-minute EOD batch runs.
AAOIFI Chart of Accounts & Dual Ledger
True double-entry general ledger pre-configured for Shariah banking. Murabaha profit is never mislabeled as interest. Fully mapped to regional accounting frameworks (OHADA / SYSCOHADA).
Wadiah Safekeeping & Mudarabah Investment Pools
Zero-interest current and savings accounts with Wadiah contracts. Automated monthly profit-sharing ratio (PSR) calculations and returns distribution for Mudarabah investment pools.
Multi-Branch Teller & Vault Management
Teller cash drawers, multi-currency support, till limits, cash-in/cash-out tracking, inter-branch cash transfers, and real-time end-of-day till balancing.
Tikari Loan Origination System
End-to-end digital financing application, evaluation, Shariah committee approval, and disbursement pipeline.
Eliminate manual loan origination bottlenecks. Tikari LOS orchestrates customer application intake, Shariah contract selection, risk rating, Advisory Committee of Experts (ACE) fatwa validation, four-eyes committee approvals, and contract generation.
Multi-Contract Islamic Financing Pipeline
Out-of-the-box workflows tailored for Murabaha (trade & asset financing), Ijara (leasing), Diminishing Musharakah (partnership buyout), Salam, and Istisna.
Automated Shariah Screening & Fatwa Reference
Every application is validated against approved Shariah parameters. Instantly associates approved Fatwa references and records ACE board rulings directly in the loan file.
Intelligent Credit Scoring & Financial Analysis
Configurable scoring models, automated Debt-to-Income (DTI) and Debt-Service Coverage Ratio (DSCR) calculations, credit bureau integrations, and KYC verification.
Tikari Asset Manager
Complete physical asset custody, inventory management, and ongoing monitoring for all financed assets.
In Islamic finance, the financial institution must legitimately purchase, hold ownership, or lease physical assets. Tikari Asset Manager bridges the gap between financial ledgers and real-world assets with end-to-end inventory tracking, maintenance monitoring, and collateral inspection.
Murabaha Inventory & Goods Registry
Maintains clear proof of ownership and custody before sale. Tracks supplier purchase orders, goods receipt notes (GRN), storage locations, and client delivery notices.
Ijara Lease Asset Lifecycle & Maintenance
Tracks leased vehicles, heavy machinery, equipment, and real estate. Monitors insurance renewals, maintenance logs, operational condition, and end-of-lease buyouts.
Diminishing Musharakah Equity Ledger
Visualizes the changing equity share between institution and client. Automatically recalculates rental schedules and depreciation as the customer acquires additional units of ownership.
Tikari Takaful
Digital mutual insurance infrastructure supporting both Mudarabah and Wakalah operational modes.
Built for Islamic insurance providers, micro-takaful schemes, and credit union mutual funds. Tikari Takaful strictly segregates Participant Takaful Funds (Tabarru donations) from Shareholder Funds, calculates underwriting surpluses, and automates claims processing.
Mudarabah & Wakalah Operating Engine
Configurable operating models: Wakalah (fixed agency fee for administration) and Mudarabah (profit-sharing on investment of participant funds), or hybrid structures.
Participant Fund (PTF) Segregation & Tabarru
Guarantees strict segregation of donation pools from company operational capital. Manages participant contributions, reserves, and Shariah-compliant fund investments.
Policy Administration & Participant Onboarding
Instant policy issuance for motor, health, property, trade credit, and micro-takaful. Supports recurring contribution schedules, direct debit, and mobile money collection.
How the 4 Tikari Products Work Together
Eliminate software silos. Each product shares a single tenant Shariah accounting and governance layer.
1. Central Ledger
Tikari Core records double-entry AAOIFI entries, Wadiah customer deposits, and runs regulatory reports.
2. Financing Pipeline
Tikari LOS processes Murabaha & Ijara applications, executes credit scoring, and links Shariah fatwas.
3. Asset Custody
Tikari Asset Manager verifies physical ownership of Murabaha trade inventory, Ijara leases, and collateral audits.
4. Mutual Protection
Tikari Takaful safeguards financed facilities and customer portfolios with Mudarabah/Wakalah mutual protection.
Deploy the Tikari Product Suite for Your Institution
Whether adopting individual modules or our turnkey banking ecosystem, experience true non-interest banking software.