Salam Finance
Salam Finance: Islamic microfinance modernised and sharia-compliant with NEEM
Context & challenges
Salam Finance chose to launch its Islamic microfinance activities by adopting the NEEM core banking system.
This centralised solution allows optimised management of operations, guaranteeing in particular:
• Compliance with the principles of sharia
• Stronger traceability of transactions
• Support for teams in adopting processes aligned with the values of social justice and solidarity, the pillars of Islamic microfinance.
Project objectives
- Equip Salam Finance with an innovative, high-performance information system, fully compliant with the principles of Islamic finance and with the regulatory requirements in force.
Client testimonial
We are very pleased with our collaboration with SENSOFT. The solution provided to us meets BCEAO standards. It gives us reliable data instantly and lets us supply the ministry and the central bank with all the information they request.
The solution
- Full implementation of the NEEM core banking system
- Centralised integration for transaction management.
- Team training and change management support.
Results & benefits
- Better traceability, optimised business processes and stronger compliance.
Why this matters for you
It proves that operational performance and ethical values can reinforce one another.
- Technology and ethics together: a sharia-compliant core proves that innovation and values can go hand in hand.
- Structuring sharia compliance: products and processes aligned with AAOIFI, reducing the risk of doctrinal non-compliance.
- Stronger traceability: better visibility over transactions and over the distribution of solidarity products.
- Teams brought on board: the tool supports the adoption of compliant practices (controls, workflows, reporting).
- Measurable social impact: a platform that serves social justice without sacrificing operational performance.