Success story
How a leading Islamic bank transformed its internal Shariah audit.
A leading Islamic bank in the Middle East, serving retail, corporate and wealth clients, needed tighter control and greater transparency over its internal Shariah audit. Together with our partner Azentio Software, we replaced manual processes with iShariahAudit.
The challenge
- Audit documentation in spreadsheets, spread across departments
- Long planning and reporting cycles
- Rising expectations under the Shariah governance framework
- No real-time view for audit leadership and the Shariah Supervisory Board
The transformation
- Annual and engagement-level risk scoring
- One repository of Shariah risks, controls and work programs
- Structured workflows from planning to sign-off
- Role-based access for auditors, reviewers and stakeholders
The result
- Significant reduction in audit preparation and documentation time
- Standardized reporting across all engagements
- Stronger traceability and regulatory alignment
- Faster decisions and better collaboration
“iShariahAudit has elevated our Shariah audit function to a new level of efficiency and transparency. It supports our vision of achieving operational excellence while maintaining the highest standards of Shariah compliance.”