Ajman, UAE – Ajman Bank has entered into an agreement with Aurionpro, Islamic Treasury Systems a global leader in banking technology, for the validation of its Islamic Treasury Management System, based on the MX.3 platform, marking a critical phase in the bank’s ongoing efforts to reinforce the integrity, control, and resilience of its treasury operations.
The Ajman Bank agreement reflects Islamic Treasury Systems
The agreement reflects a disciplined approach to Islamic Treasury Systems readiness, with a focus on ensuring that the platform is robust, well governed, and aligned with the bank’s operational and Sharia requirements as it progresses towards implementation.
Adrian Hodges, Treasurer of Ajman Bank, said: “Strengthening our treasury infrastructure remains a strategic priority as we continue to evolve our operating model in line with market expectations and national priorities. This collaboration supports the development of a more resilient and scalable ecosystem, underpinned by strong governance, advanced capabilities, and full alignment with Sharia principles. It reflects our commitment to building a future-ready platform that enhances efficiency, integrity, and long-term value creation”.
This phase is designed to ensure that the Islamic Treasury Systems are rigorously validated, with a clear emphasis on operational readiness, control, and consistency across treasury functions.
Eric Rosso, CEO, Fenixys – an Aurionpro company, added: “Ensuring readiness for complex treasury systems requires a structured and controlled approach. Drawing on our experience delivering Murex transformation programs across the region, we focus on delivering a validation process that meets the bank’s operational and governance standards, enabling a smooth transition to the next phase. We are excited to start this partnership with Ajman Bank and support Islamic Treasury Systems as they move forward with their treasury transformation. We see this as the beginning of a strong and collaborative relationship built on trust, innovation, and shared growth.”
The initiative forms part of Ajman Bank’s broader efforts to strengthen its institutional capabilities and reinforce its position within an evolving financial sector that continues to prioritize resilience, governance, and long-term sustainability.
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