Compass Plus Technologies wins Best Islamic Banking Technology Solution Provider of the Year

Compass Plus Technologies, an international provider of retail banking and payments software, has been named Best Islamic Banking Technology Solution Provider of the Year Global 2026 at the World Business Outlook Awards.

The award recognises the company’s Islamic banking solution, which enables Islamic banks, conventional banks, Fintechs and processors to create and launch modern, fully Shari’ah-compliant products and services.

Built on TranzAxis, the solution provides the flexibility to create, manage and customise a diverse range of Islamic banking offerings, including products aligned with Murabaha, Ujrah and Tawarruq financing structures. Financial institutions have control over product structures, transaction restrictions, limits, fees, charges and accounting arrangements, enabling them to develop services that reflect Shari’ah principles and the needs of their customers.

Conventional and Islamic banking operations can be supported on the same platform, allowing institutions to enter new markets and serve a wider range of customers.

Maria Nottingham, Founder & Managing Director at Compass Plus Technologies, commented: “Access to financial services should not require people to compromise their beliefs or values. As demand for Islamic finance continues to grow, the industry has a responsibility to ensure that modern, relevant services are available to the communities that need them. This award recognises the important work our team is doing to help financial institutions respond to that demand and make inclusive financial services more widely accessible.”