In April 2009, JurisTech successfully rolled out Juris Origination Management for Islamic Financing for our customer Bank Rakyat. This system a web-based solution with workflow and credit scoring built-in. Our flexible rule engine allows the Bank to speedily change their business rules to meet new business and product requirements. The system also features high availability and failover.

About Bank Rakyat …

Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat) was incorporated on 28 September 1954. As the largest co-operative bank in Malaysia, Bank Rakyat provides complete Islamic Banking facilities for the co-operative movement in addition to being a stable financial institution capable of providing a full range of banking and financial services not only to its co-operative members but also for the general public. As a financial institution, its primary aim is to raise the economic well-being of its members by providing financing facilities at reasonable rates for agriculture, production, marketing, industrial, fishery, transportation, housing, business, and other beneficial activities. The Bank also seeks to ensure a satisfactory profit towards meeting dividend payments to its members while charging reasonable profit rates to its members.