Case Study: Habib Bank (HBL) achieves Shari'ah-compliant, efficient Islamic banking with Finastra's Fusion Treasury

Habib Bank Delivers Compliant Islamic Banking Services with Finastra

Habib Bank (HBL), Pakistan’s first commercial bank serving over 11 million customers across more than 20 countries, faced rising demand for modern, Shari’ah‑compliant Islamic banking and needed to expand product offerings while ensuring strict compliance and operational efficiency. To address this, HBL partnered with Finastra and focused on upgrading its Fusion Treasury platform (with integrations to Fusion Equation, Fusion Risk and Fusion Trade Innovation) to support Islamic treasury and retail products.

Finastra delivered a customized Fusion Treasury implementation—supported by Finastra Global Services—and completed the upgrade in nine months, avoiding a full platform replacement and saving time and cost. The single automated system eliminated manual data entry, enabled straight‑through processing, and gave HBL the agility to launch and refine Murabaha, Wakala and Bai Muajjal offerings; as a result HBL improved operational efficiency, reduced implementation and running costs, and strengthened its position in the Islamic finance market.

Habib Bank

Aamir Matin

CIO and Head Strategy