Newgen’s CLOS for
AI-first Shariah-compliant Islamic Project Financing
Digitize and govern complex Islamic project financing with embedded Shariah compliance, structured workflows, and deep project intelligence. Newgen’s Islamic Project Financing platform enables Islamic banks to manage large, asset-backed projects with confidence by automating origination, appraisal, approvals, disbursement, and monitoring across the full lifecycle. Ensure Shariah-aligned contracts, transparent fund flows, milestone-based disbursements, and audit-ready decisioning while maintaining complete visibility into project risk, exposure, and performance.
“Newgen’s Islamic financing platform has strengthened our ability to structure and manage Shariah-compliant projects with greater transparency and control. The automated workflows, milestone-based disbursements, and seamless core integration have reduced processing time while improving risk oversight and customer confidence”.
Executive Vice President, Islamic Banking, Leading Bank
Learn what Newgen’s Islamic Project Financing Solution can do for you
Origination, Structuring & Shariah Approval
Support Islamic project financing origination with native Murabaha, Ijara, Istisna, and Musharakah structures. Configure deal terms, asset ownership models, profit-sharing mechanisms, and route proposals through Shariah boards with documented approvals and audit trails.
Credit Appraisal & Risk Assessment
Automate end-to-end project appraisal covering sponsor evaluation, project feasibility, asset validation, exposure limits, and risk analysis. Ensure Shariah-aligned credit decisions with structured workflows and governance controls.
Amendments, Settlement & Closure
Manage amendments, restructuring, settlements, asset transfers, buyouts, or partnership exits while preserving Shariah compliance. Ensure clean closure with reconciled accounts, documented approvals, and audit-ready records.
Project Monitoring & Profit Recognition
Monitor project progress, asset status, and partner performance in real time. Automate profit accrual, rental recognition, or partnership returns based on Murabaha, Ijara, Istisna, or Musharakah models with full transparency.
Contract Management & Asset Mapping
Digitally generate and manage Shariah-compliant contracts with clear linkage to underlying assets, construction phases, or partnership interests. Maintain traceability between contracts, assets, guarantees, and milestones throughout the financing lifecycle.
Milestone-based Disbursement & Fund Control
Execute tranche-based disbursements linked to certified project milestones, asset delivery, or construction progress. Enforce disciplined fund utilization aligned to approved Islamic financing structures with real-time tracking.
Origination, Structuring & Shariah Approval
Support Islamic project financing origination with native Murabaha, Ijara, Istisna, and Musharakah structures. Configure deal terms, asset ownership models, profit-sharing mechanisms, and route proposals through Shariah boards with documented approvals and audit trails.
Credit Appraisal & Risk Assessment
Automate end-to-end project appraisal covering sponsor evaluation, project feasibility, asset validation, exposure limits, and risk analysis. Ensure Shariah-aligned credit decisions with structured workflows and governance controls.
Amendments, Settlement & Closure
Manage amendments, restructuring, settlements, asset transfers, buyouts, or partnership exits while preserving Shariah compliance. Ensure clean closure with reconciled accounts, documented approvals, and audit-ready records.
Project Monitoring & Profit Recognition
Monitor project progress, asset status, and partner performance in real time. Automate profit accrual, rental recognition, or partnership returns based on Murabaha, Ijara, Istisna, or Musharakah models with full transparency.
Contract Management & Asset Mapping
Digitally generate and manage Shariah-compliant contracts with clear linkage to underlying assets, construction phases, or partnership interests. Maintain traceability between contracts, assets, guarantees, and milestones throughout the financing lifecycle.
Milestone-based Disbursement & Fund Control
Execute tranche-based disbursements linked to certified project milestones, asset delivery, or construction progress. Enforce disciplined fund utilization aligned to approved Islamic financing structures with real-time tracking.
Success Stories
Financial Institutions using NewgenONE Platform
Benefits of Newgen’s Islamic Project Financing Solution
- Shariah-compliant project financing by design with native support for Murabaha, Ijara, Istisna, and Musharakah structures across the full project lifecycle
- Faster and more consistent financing decisions through standardized Shariah-aligned workflows, approvals, and profit calculation mechanisms
- Reduced project and Shariah risk with milestone-based disbursements, asset-backed validations, and continuous monitoring of contract compliance
- Strong governance and regulatory assurance with audit-ready documentation, Shariah approval trails, and transparent fund flow visibility
- Improved operational efficiency by automating complex Islamic contract management, schedules, and profit recognition without manual intervention
- End-to-end visibility into project exposure, asset ownership, profit accruals, and partner participation under different Islamic financing models
- Configurable and scalable workflows that adapt to diverse project types, financing tenors, and evolving Shariah board guidelines
Find Your Winning Strategy with Newgen
Explore how Newgen’s AI-first Islamic Project Financing platform helps Islamic banks digitize and govern end-to-end project financing journeys with embedded Shariah compliance, milestone-based disbursements, and real-time risk visibility.
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