About BML Istisharat
BML Istisharat is a company based in Beirut (Lebanon) founded in 1972 by Joe Faddoul was acquired by Mawarid Finance in March 2018.. BML Istisharat offers products and services including ICBS, LIRIS, CIRIS, IMAD, and ICBS Islamic. BML Istisharat operates in a competitive market with competitors including nCino, ION Group, Temenos, Backbase and Ohpen, among others.
- Headquarter Beirut, Lebanon
- Founders Joe Faddoul
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Bml Istisharat Sal
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Mawarid Finance
(Mar 13, 2018)
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Products & Services of BML Istisharat
BML Istisharat offers a comprehensive portfolio of products and services, including ICBS, LIRIS, CIRIS, IMAD, and ICBS Islamic. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrated system for computerized banking operations and financial management.
System for life insurance and reinsurance processing and administration.
Platform for general insurance and reinsurance integrated management.
Tool for industrial management and distribution system operations.
Specialized system for Islamic banking and financial transactions.
Funding Insights of BML Istisharat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BML Istisharat
BML Istisharat has secured backing from 1 investor. Prominent investors backing the company include Mawarid Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Operates as a diversified Islamic lending non-banking financial institution.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by BML Istisharat
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BML Istisharat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bml Istisharat Comparisons
Competitors of BML Istisharat
BML Istisharat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as nCino, ION Group, Temenos, Backbase and Ohpen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based API platform for banking operations is provided.
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Treasury management solutions are provided for financial institutions and banks.
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Developer of AI and cloud-based banking software suite
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AI-powered banking platforms are provided for operational growth.
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Developer of cloud-based core banking platform for retail mutual funds and savings accounts
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Cloud-based core banking solutions are offered to financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bml Istisharat
Frequently Asked Questions about BML Istisharat
When was BML Istisharat founded?
BML Istisharat was founded in 1972.
Where is BML Istisharat located?
BML Istisharat is headquartered in Beirut, Lebanon.
Who is the current CEO of BML Istisharat?
Joe Faddoul is the current CEO of BML Istisharat. They have also founded this company.
What does BML Istisharat do?
BML Istisharat was established in 1972 in Beirut, Lebanon, within the banking software sector. Solutions for banking management, insurance, industrial operations, and Islamic banking are developed and supplied. Availability extends to multiple locations for broader implementation. Additional services in business consulting, project management, and knowledge transfer are extended to support client needs.
Who are the top competitors of BML Istisharat?
BML Istisharat's top competitors include nCino, Thought Machine and Tuum.
What products or services does BML Istisharat offer?
BML Istisharat offers ICBS, LIRIS, CIRIS, IMAD, and ICBS Islamic.
Who are BML Istisharat's investors?
BML Istisharat has 1 investor. Key investors include Mawarid Finance.