Tikari Core

The complete financial engine for Islamic banks, microfinance institutions, and non-interest windows.

Core Capabilities

Engineered From Scratch for Shariah Accounting

Conventional banking platforms require clunky workarounds to suppress interest mechanics. Tikari Core is built natively Shariah-compliant.

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).

Pre-configured AAOIFI FAS chart of accounts for zero interest misclassification

Seamless mapping to regional accounting frameworks (OHADA / SYSCOHADA)

Automated deferred profit and unearned income amortisation schedules

Full audit trails with multi-currency double-entry journal balance enforcement

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.

Zero-interest current and savings accounts with Wadiah Yad Dhamanah contracts

Tiered Mudarabah general and special investment pools with Shariah profit-sharing

Automated monthly Profit Sharing Ratio (PSR) calculations and distribution

Discretionary Hibah (gift) management strictly compliant with regulatory standards

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.

Head-office and branch vault cash management with automated till limits

Multi-currency cash drawers with maker-checker approvals on high-value transfers

Over-the-counter deposit, withdrawal, and instant internal transfer execution

Real-time end-of-day till reconciliation and automated cash balancing

Automated Central Bank Regulatory Reporting

Generates all prudential returns, liquidity ratios, capital adequacy reports, and deposit insurance filings directly from the ledger without manual spreadsheet manipulation.

Pre-built prudential returns for BEAC / COBAC and regional central banks

Instant calculation of liquidity ratios, net stable funding, and capital adequacy

Automated mandatory deposit insurance filings generated straight from ledger balances

Export in regulatory XML, Excel, and automated API submission formats

Part of the Tikari Brand Ecosystem

Seamlessly integrates with the entire Tikari software suite for unified Shariah accounting, risk governance, and client servicing.

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