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About Ababil

Ababil is a core banking software from Millennium Information Solution that supports Islamic banking operations. It combines features such as a comprehensive corporate profile, a detailed board of directors overview, and product information about Ababil to provide a complete banking solution. Ababil includes resources like brochures to assist users in understanding its functionalities. The platform is designed to cater to the unique requirements of Islamic finance, ensuring compliance with Sharia principles. With a focus on modern banking needs, Ababil facilitates efficient banking processes and improves the overall customer use. Key capabilities: corporate profile board of directors product overview resource brochures Islamic finance compliance Best for: financial institutions that need a specialized core banking solution for Islamic banking.

Ababil Details

Vendor
Millennium Information Solution
Year Launched
1996
Location
49 Kawran Bazar Rd, Dhaka 1215, Bangladesh
Deployment
cloud
Training Options
documentation, videos, live online, in person
Countries Served
Bangladesh
Languages
English, Chinese, Dutch, German, Italian
Users
Islamic Shariah Based Banks, Financial Institutes, Islamic Micro Finance
Industries Served
Financial institutions offering Islamic banking solutions, including banks, NBFIs (Non-Banking Financial Institutions), and microfinance providers.
Tags
Banking Systems, Ababil

Ababil's In-App Market Place

Does Ababil have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

0

Mini Apps

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

AFN (؋), ALL (L), DZD (دج), EUR (€), GBP (£), JPY (¥), USD ($), ZAR (R)

Pros & Cons

  • Fully compliant with Islamic banking principles.
  • Flexible architecture supporting scalability and customization.
  • IBM performance-tested for reliability.
  • Affordable cloud-based microfinance options.
  • Comprehensive support for international and local banking standards.
  • Limited geographic presence beyond Bangladesh.
  • Dependency on Oracle for back-end operations.
  • AI features still under development.
  • High initial customization costs.
  • Specialized for Islamic banking, limiting universal applicability.

Ababil's Support Options

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