Hejaz Financial Services, a diversified provider of Islamic financial products, has chosen GBST to provide a suite of nine online calculators.
The suite will be powered by GBST’s Equate technology and supported by Equate’s Content Management Solution (CMS).
For GBST Digital, this three-year commitment is its first Islamic banking client. Hejaz has set up calculators for Insurance Needs, Additional Repayments, Compensation, Borrowing Power, Retirement Adequacy, Savings Plans, Stamp Duty, Insurance Adequacy insurance and the rent compared to the purchase.
Brianna Dobing, Chief Digital Officer at GBST, welcomed Hejaz on board.
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“The digital team was pleased to help Hejaz achieve its vision of providing easy-to-use online tools and calculators to complement its Shariah-compliant financial products and services for the Islamic community,” he said. she declared.
Hejaz Marketing Manager Ali Ozyon added that GBST has a strong track record in building and delivering financial tools for major lending institutions.
“After extensive market research, we chose GBST’s Equate technology for its custom configuration and the ease with which we could modify calculators,” he said.
“As an Islamic-focused financial group, we use slightly different terms – for example, instead of interest rate, we use the Ijarah rate – and it’s a fundamental requirement that we can configure these changes on our end. With the CMS solution that GBST provided, we can easily change field labels, rates and text, without incurring additional costs.”
GBST’s tools are currently live on the Hejaz website, offering responsive design capability for easy use on mobile phones and branding in line with the requirements of the Islamic finance company.
A statement said its interactive products are used by more than 100 financial services organizations and millions of their customers in Australia, New Zealand, the United Kingdom, the United States and Canada.
GBST’s digital team works with financial services clients around the world to enhance brand reputation, strengthen brand advocacy and improve online customer journeys, engagement and acquisition.
Its customer experience experts create bespoke digital solutions for financial institutions, from calculators to portals, apps, content management systems.