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Infosys gains as its Finacle Islamic Banking Solution to Power UAE’s Emirates Islamic Ban

Infosys Ltd. | IT - Software | IT & ITES | BSE: 500209 | NSE: INFY

21 Jan 2015 Evaluate

Infosys is currently trading at Rs. 2157.10, up by 34.75 points or 1.64% from its previous closing of Rs. 2122.35 on the BSE.

The scrip opened at Rs. 2126.20 and has touched a high and low of Rs. 2167.75 and Rs. 2117.30 respectively. So far 58207 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2200.50 on 01-Dec-2014 and a 52 week low of Rs. 1447.00 on 30-May-2014.

Last one week high and low of the scrip stood at Rs. 2152.90 and Rs. 2092.90 respectively. The current market cap of the company is Rs. 248150.42 crore.

The promoters holding in the company stood at 13.08 % while Institutions and Non-Institutions held 56.86 % and 14.31 % respectively.

Emirates Islamic Bank (EI), a leading Sharia-compliant banking institution in the Middle East, has selected the Infosys’ Finacle Islamic Banking solution to power its operations and to support its vision of making Dubai the center of global Islamic Banking. With Finacle, EI can leverage a world-class platform that will enable the bank to serve its customers with greater efficiency, manage its operations more effectively, and meet the required reporting and compliance obligations.

The bank chose Finacle Islamic Banking Solution since it is a cost-effective, customer-centric and Sharia-compliant banking platform with proven scalability and a lean and open architecture for easy implementation. The Finacle Islamic Banking Solution will also ensure transparency of accounting and profit-sharing, along with rigorous operational risk control.

Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.

Infosys Share Price

1318.60 -0.30 (-0.02%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
TCS	2581.65
Infosys	1318.60
HCL Tech.	1442.50
Wipro	204.35
Tech Mahindra	1511.85
View more..

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Infosys gains as its Finacle Islamic Banking Solution to Power UAE’s Emirates Islamic Ban

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