The joint project by Kazakhstan’s first Islamic bank and Colvir Software Solutions has won the Global Retail Banking Innovation Awards 2026 in the Outstanding IT Transformation by a Retail Bank category.
The company will participate in the professional community’s initiatives and share its technological expertise to support the development of Islamic banking in Kazakhstan and Central Asia.
The event brought together representatives of banks, fintech companies, payment infrastructure providers, industry associations, and the country’s regulatory authorities.
The end-to-end implementation of the Colvir core banking system was completed in record time, in parallel with the transformation of an MFI into a bank
