SOLUTIONS — COOPERATIVES & ISLAMIC WINDOWS
Non-interest banking beyond the MFB licence.
Cooperative thrifts, Esusu groups, and Islamic window operations have unique structures that don't fit a conventional core. MizanCore is designed to handle them properly.
WHAT WE SUPPORT
From simple Esusu to full Shariah-window operations.
Rotating Esusu Groups
Structured group savings cycles with member contribution tracking, rotation schedules, automatic disbursement to the designated recipient, and full audit trail. Supports both fixed-amount and variable-contribution groups.
Mudarabah Savings Pools
Aggregate member deposits into an investment pool. The platform calculates profit distribution at period-end based on actual investment returns — not a predetermined rate. PSR disclosure per member agreement.
Qard Hasan (Benevolent Loans)
Interest-free loans to members with no markup. Admin fees only, capped per ACE approval. Repayment schedule tracking, member eligibility rules, and GL posting to the correct AAOIFI-aligned account.
Islamic Window Ring-Fencing
For conventional institutions operating an Islamic window: completely segregated GL, separate profit pool, dedicated product catalogue, and ring-fenced reporting. Mixed reports available showing consolidated and window-only views.