ABOUT MIZANCORE
Built by people who have sat in your chair.
MizanCore was founded by practitioners who have worked inside Nigerian non-interest microfinance banks — preparing for CBN examinations, closing end-of-day ledgers, and explaining Murabaha profit recognition to an ACE committee. We know what the software was missing because we were the ones missing it.
OUR MISSION
Halal banking deserves infrastructure that is actually halal.
Every conventional core banking platform that has been adapted for Islamic finance carries a fundamental tension: the accounting model underneath still thinks in terms of loans and interest. Shariah scholars can write product standards all day — but if the ledger is still posting to an "interest income" account, the compliance is surface-deep.
MizanCore resolves this tension by starting from the AAOIFI accounting standards and building upward — not starting from a conventional core and papering over the gaps. The result is a platform where Shariah compliance is structural, not cosmetic.
HOW WE WORK
Principles we do not negotiate on.
Shariah before features
When a product feature conflicts with Shariah compliance, compliance wins. We will not implement shortcuts that undermine the platform's integrity.
Transparent about limitations
If MizanCore is not the right fit for your institution — because of size, stage, or a technical constraint — we will tell you. We would rather lose a deal than create a failed implementation.
Designed for the regulator
A CBN examiner walking into your institution should find MizanCore documentation, audit trails, and reports that make their job easier. Regulatory readiness is a product feature.
Your ACE is our stakeholder too
We build every Shariah-facing feature in consultation with experienced ACE members. The platform reflects the actual governance requirements of Nigerian non-interest banking, not a theoretical model.
No surprise pricing
MizanCore is priced per institution, not per module, per seat, or per API call. You see the full feature set before signing anything. We do not have a public pricing page because every institution's situation is different — but we share a rate sheet in every demo.
Migration is part of the product
We consider a bad migration a product failure. Our migration programme is structured, has a defined parallel-run period, and includes a go-live readiness gate. We do not hand you a data import CSV and wish you luck.
REGULATORY POSTURE
We follow the framework. Completely.
MizanCore is designed to support CBN NIFI Guidelines, AAOIFI accounting and governance standards, CBN Microfinance Bank Prudential Guidelines, NDIC reporting requirements, and NFIU AML/CFT obligations.
We are not licenced by the CBN — we are the technology your licenced institution runs on. That means we take your licence obligations seriously. Every platform update is reviewed against the current regulatory framework before release.
A note on compliance
MizanCore supports compliance. It does not guarantee it. Your institution's Shariah compliance posture depends on your ACE committee, your staff training, your operational procedures, and your CBN licence obligations. The platform gives you the tools and documentation to demonstrate compliance — the judgement is still yours and your ACE's.