Tuum and CoorB Partner to Accelerate Digital and Islamic Banking Across MENA

Tuum and CoorB are pleased to announce a strategic partnership aimed at helping financial institutions across the MENA region accelerate their Digital and Islamic Banking transformation.

By combining Tuum’s modular, cloud-native core banking platform with CoorB’s regional expertise and consulting capabilities, the partnership will enable banks and financial institutions to modernize legacy infrastructure, launch innovative financial products, and deliver Sharia-compliant digital services with greater speed and flexibility.

Enabling Faster, More Flexible Banking Innovation

As financial institutions across MENA respond to growing demand for digital-first services, they require banking infrastructure that is agile, scalable, and adaptable to local market requirements.

Through this collaboration, Tuum and CoorB will support institutions in:

• Accelerating time to market for digital banking and Islamic finance products.
• Modernizing legacy infrastructure through flexible, cloud-native technology.
• Adopting modular banking capabilities, including accounts, lending, payments, and other financial services.
• Supporting Sharia-compliant banking, with configurable workflows designed to accommodate Islamic finance structures such as Murabaha and Mudarabah.
• Meeting regional regulatory requirements through CoorB’s market expertise and advisory capabilities.

Supporting the Next Generation of Islamic and Digital Banking

Tuum’s highly configurable platform provides the flexibility required to address the specific operational and product requirements of Islamic finance. Combined with CoorB’s understanding of the MENA banking landscape, the partnership creates a powerful foundation for institutions seeking to deliver modern, scalable, and compliant financial services.

The collaboration is particularly relevant to fast-growing markets such as Saudi Arabia and the UAE, where demand for mobile-first experiences, real-time services, and innovative Islamic financial products continues to grow.

Accelerating Digital Transformation Across MENA

The partnership comes at a time when banks and financial institutions across the region are under increasing pressure to move beyond rigid legacy systems and respond to digitally sophisticated customers, fintech competition, and evolving regulatory expectations.

Together, Tuum and CoorB are committed to helping financial institutions navigate this transformation with a faster, more flexible, and future-ready approach to banking technology.

This strategic partnership marks an important step toward enabling the next generation of Digital and Islamic Banking across the MENA region.