Ta'jeer charts expansion with Oracle-based Islamic solution
Member of the Saudi-based Dallah Al-Baraka Group Ta'jeer has deployed components of the Oracle E-Business Suite as well as an Oracle-based solution from Rekaz Systems to fully automate its financial operations.
The company is linking its accounting, leasing, installment and workflow functions through Oracle technology to support Ta'jeer's rapid expansion throughout the Kingdom of Saudi Arabia.
Ta'jeer's management anticipates several major advantages from its implementation of the Oracle E-Business Suite and Oracle-based Rekaz Islamic suite. The Islamic services leader will now have the ability to seamlessly integrate administrative functions across a number of geographical locations, while streamlining its financial systems and increasing reporting accuracy.
Taajeer Company is an Islamic Financing company based in Jeddah. It specializes in financing consumer goods through installments. Taajeer started its operation in September 1998. All of Taajeer's Credit Policy and procedures are governed by Islamic Sharia. — (menareport.com)
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