iSentric

Industries · Islamic and social institutions

Transparent, Shariah-compliant digital services for Islamic and social institutions

Zakat institutions, waqf bodies, pilgrimage funds, religious councils and charities collect, distribute and serve members digitally, with a full audit trail.

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Islamic and social institutions are trusted with other people's money. Payers, members and recipients need to see that it is collected, held and distributed properly.

iSentric gives these institutions digital collection, member wallets, verified identity and approvals, with Shariah built in and a full audit trail.

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Who this covers

Islamic and social institutions we work with, and what each typically needs from us.

  • Zakat institutionsDigital collection, distribution to recipients and a full audit trail.
  • Waqf institutionsDigital collection and transparent reporting on endowments.
  • Pilgrimage fundsMember wallets, savings tracking and secure payments.
  • State religious councilsDigital collection, member identity and approvals.
  • Charities and NGOsDigital donations, payouts and transparent reporting.

The challenges we solve

  • Trust in every ringgit. Payers and recipients need to see that funds are collected and distributed properly.
  • Member convenience. Members want to save, pay and check balances easily and securely.
  • Shariah from day one. Products must match Shariah principles, not be adapted later.
  • Slow audit. Cash and manual processes make reconciliation and audit slow.

What we offer

Every product runs under your brand and connects to the systems you already have. Take one or combine several.

Identity & Trust

Identity and authentication, attestation, approvals, secure access and digital ID, with every check recorded so you and your regulator see the same trail.

Explore Identity & Trust

What you can do with it

  • Verify members, payers and recipients once.
  • Keep one verified identity per recipient, so distributions reach the right people.
  • Require approvals before collections are released or payouts are made.
  • Control which staff can access member data, with every access logged.

What it solves

Unverified recipients, unclear approvals and loose access to member data. Every recipient is verified, every payout approved and every access recorded.

Payments & Settlement

Real-time domestic payments, your own remittance corridors and cross-border B2B settlement with FX, without chains of correspondent banks.

Explore Payments & Settlement

What you can do with it

  • Collect zakat, donations and contributions through wallets and online payments.
  • Distribute directly to recipients' wallets or bank accounts.
  • Reconcile every collection and payout automatically.
  • Report on everything with a full audit trail.

What it solves

Cash and manual collection that is hard to trace. Every ringgit in and out is recorded, so payers, recipients and auditors can trust the numbers.

Digital Banking

A white-label digital bank or multi-currency wallet with cards and credit, running under your brand on top of the systems you already have.

Explore Digital Banking

What you can do with it

  • Give members a wallet to save and check balances, under your brand.
  • Track savings towards a goal, such as a pilgrimage.
  • Let members pay securely, with alerts and confirmations.
  • Offer Shariah-compliant financing.

What it solves

Members queueing at counters to save, pay or check their balance. Everything they need is in an app under your name.

Islamic Finance

A Shariah layer built into every product, designed to work with your own Shariah committee.

Explore Islamic Finance

What you can do with it

  • Use Shariah-compliant versions of every product.
  • Work with your own Shariah committee and requirements.
  • Offer Shariah-compliant savings, financing and payments.

What it solves

Conventional products adapted after the fact. Shariah is built into the platform from day one.

Integration & Delivery

We plan the rollout, connect to your core systems, channels and payment systems, take you live and stay on to run it with you.

Explore Integration & Delivery

What you can do with it

  • Connect to the systems you run today, without rebuilding them.
  • Train your teams before go-live.
  • Get 24/7 monitoring and support after launch.

What it solves

Digital projects that require replacing existing systems. We plan, integrate and run the platform with your teams.

How we work with you

  1. 01

    Scope

    Agree what to launch first, with your risk, IT and compliance teams.

  2. 02

    Integrate

    Connect to the systems you already run. No core rebuild.

  3. 03

    Launch under your brand

    Go live in months, with training for your teams.

  4. 04

    Run it with you

    24/7 monitoring and support after launch.

Track record with Islamic and social institutions

iSentric has worked with Islamic financial institutions including Bank Islam, Bank Muamalat, Bank Rakyat, Al Rajhi Bank and Kuwait Finance House Malaysia, and with non-profits including UNICEF Malaysia and WWF.

  • Al Rajhi Bank Malaysia

    Mobility2U Mobile Banking

    2008

  • Kuwait Finance House Malaysia

    National Biller Payment System and FPX payments

    2017

  • UNICEF Malaysia

    SMS donation line for the “Get on Board” campaign

    2010

Islamic and social institutions FAQ

Is there a full audit trail?

Yes. Every collection, approval and distribution is recorded.

Do we need to rebuild our existing systems?

No. iSentric plans, integrates and runs the platform with your teams, without rebuilding your existing systems.

Is it Shariah-compliant?

Yes. The Shariah layer is built into every product.

Can members track their savings digitally?

Yes, through member wallets and savings tracking.

Related pages

Serve your members and recipients digitally.

We will assess your requirements and outline a scoped proposal for your institution.

Talk to our team