BML Istisharat Receives Consecutive IBS Intelligence SLT 2026 Award for Islamic – Universal Core Banking

LONDON, United Kingdom – June 11, 2026 – BML Istisharat, a leading provider of banking and insurance technology solutions, has once again been recognized by IBS Intelligence, receiving the Islamic – Universal Core award at the prestigious SLT 2026 Awards.

The consecutive recognition highlights BML Istisharat's continued leadership in delivering robust, scalable, and Shariah-compliant core banking solutions that enable Islamic financial institutions to meet evolving business, regulatory, and customer expectations.

The award comes at a significant milestone for BML Istisharat as the company approaches its 55th anniversary in 2027, marking nearly five and a half decades of innovation, successful transformations, and trusted partnerships across the banking and insurance industries.

With deep expertise in both conventional and Islamic banking, BML Istisharat remains committed to delivering future-ready technology solutions that support the digital transformation and sustainable growth of financial institutions worldwide.

Commenting on the award, Nikhil Gokhale, Head of Research Platforms at IBS Intelligence, said:

"I extend my congratulations to BML Istisharat for securing recognition in the ‘Islamic – Universal Core’ category at the SLT 2026 Awards. Their consecutive win in this category reflects the continued strength of their Shariah-compliant core banking capabilities and their ability to support Islamic financial institutions with reliable, purpose-built technology. This achievement underscores BML Istisharat’s depth of expertise in Islamic banking and its sustained relevance in a specialised and evolving market."

Commenting on the recognition, Raji Challita, Chief Executive Officer of BML Istisharat, said:

"We are honored to receive this recognition from IBS Intelligence, an organization that has accompanied our journey and contributed significantly to promoting innovation, sharing industry knowledge, and helping shape the future of banking technology. This award reflects the dedication of our colleagues, the trust of our clients, the support of our partners, and the confidence of our shareholders. It also reinforces our commitment to delivering innovative, reliable, and future-ready solutions that empower both conventional and Islamic financial institutions to succeed in an increasingly digital world.

The IBS Intelligence SLT Awards recognize technology providers that demonstrate excellence, innovation, and measurable impact across the global financial services industry.