105 Rails · 12 Categories · Banking-Grade

IslamicOpen Finance™

The banking-grade API infrastructure powering 105 specialized rails across 12 categories—from Murabaha to Sukuk, Takaful to Zakat—with embedded Shariah compliance.

105

Rails

12

Categories

142+

API Endpoints

Multi

Tenant

api.islamicopenfinance.com
ContractsShariahComplianceGovernanceRails
GET/api/v1/rails/murabaha/contracts200
POST/api/v1/rails/sukuk/issuance201
GET/api/v1/rails/takaful/policies200
GET/api/v1/rails/zakat/calculations200
POST/api/v1/rails/ijarah/agreements201
Connectedv1.0 · REST + GraphQL
The Problem

Why Islamic Open Finance™fundamentally changes the game

Conventional tools weren't built for Islamic finance. They miss the core principles that make Shariah-compliant financial services work.

No native Islamic contract modeling

Conventional APIs cannot model Murabaha, Ijarah, Musharakah, Mudarabah, Salam, Istisna, Wakalah, Qard Hasan, Takaful, or Sukuk contracts natively. You end up forcing Islamic structures into conventional data models that were never designed for them.

MISSING CORE FUNCTIONALITY

No embedded Shariah governance

Lacks zakat calculation, purification engines, waqf management, retakaful structures, and Shariah board decision workflows baked into the platform. Governance becomes a manual, error-prone process disconnected from operations.

GOVERNANCE GAP

Compliance as afterthought

Traditional frameworks treat compliance as post-transaction reporting, not embedded, enforceable policy rails that prevent violations before they occur. AAOIFI and IFSB standards are bolted on rather than built in.

AFTER-THE-FACT APPROACH

Islamic Open Finance™ fixes this

Built from first principles for Islamic finance

Built on AAOIFI and IFSB standards

Shariah Standards SS-8 through SS-39, prudential standards, and international compliance (SOC2, GDPR, PSD2, ISO 27001, ISO 20022) built in from day one — not retrofitted.

Composable rail architecture

105 specialized rails across 12 categories, each with independent APIs, events, governance, and compliance controls. 142+ endpoints ready to integrate.

Zero-disruption overlay

Enhances existing banking cores through API layering and Open Banking Protocol integration. No rip-and-replace — connect to Temenos, Finastra, Mambu, or any core.

100% Shariah Compliant by Design

What Islamic Open Finance™ Delivers

A rail-first API platform that transforms Islamic finance strategy into programmable, auditable, and governable execution rails.

105Specialized Rails
12Categories
142+API Endpoints
1Unified API
19

Core Islamic Contracts

19 rails

MurabahaIjarahMusharakahMudarabah
11

Takaful

11 rails

GeneralFamilyClaimsReinsurance
7

Islamic Funds

7 rails

ManagementSubscriptionPerformance
7

Financial

7 rails

PaymentsTreasuryFXLiquidity
6

Capital Markets

6 rails

Sukuk IssuanceTradingSettlement
5

Waqf & Social Finance

5 rails

WaqfSadaqahQard HasanZakat
4

Trade Finance

4 rails

LCGuaranteeDocumentary
4

Platform

4 rails

ContractsWorkspacesBilling
3

Operations

3 rails

DocumentsReconciliationClearing
3

Governance

3 rails

ComplianceAuditShariah Gov.
2

Access & Identity

2 rails

KYCAML
1

Observability

1 rail

Analytics

105 rails, 12 categories, one API. Every Islamic finance capability, programmable.

Core Rails Deep DiveIslamic contracts as executable code

Every contract type modeled with canonical schemas, lifecycle state machines, immutable audit trails, and built-in AAOIFI compliance checks.

Core Islamic Contracts

Murabaha

Cost-plus financing where the seller discloses cost and profit margin to the buyer. Used for trade and asset financing.

AAOIFI SS-8

Ijarah

Lease-based financing where the lessor retains asset ownership while the lessee benefits from its use.

AAOIFI SS-9

Musharakah

Joint venture partnership where all parties contribute capital and share profits/losses according to agreed ratios.

AAOIFI SS-12

Mudarabah

Profit-sharing partnership where one party provides capital and the other provides management expertise.

AAOIFI SS-13

Salam

Forward sale contract where payment is made in advance for goods to be delivered at a future date.

AAOIFI SS-10

Istisna

Manufacturing contract for goods to be produced/constructed per specification with deferred delivery.

AAOIFI SS-11

Capital Markets

Sukuk Ijarah

Asset-backed certificates based on lease contracts providing regular rental income to investors.

AAOIFI SS-17

Sukuk Murabaha

Certificates based on cost-plus sale structures for commodity and trade-based financing.

AAOIFI SS-17

Takaful & Insurance

Family Takaful

Long-term cooperative risk-sharing for life protection, education, and retirement planning.

AAOIFI SS-26

General Takaful

Short-term cooperative coverage for property, motor, marine, and commercial risks.

AAOIFI SS-26

Social Finance

Waqf

Islamic endowment management for perpetual charitable assets dedicated to community benefit.

AAOIFI SS-33

Qard Hasan

Benevolent interest-free loan where only the principal is repaid, used for social welfare.

AAOIFI SS-19

Financial Operations

Wakalah

Agency contract where one party acts as agent on behalf of another for investment or service management.

AAOIFI SS-23

Trade Finance

Islamic LC

Shariah-compliant letters of credit for international trade using Wakalah or Murabaha structures.

AAOIFI SS-14

Sample API Call

Live Endpoint
RequestPOST
POST /api/v1/rails/murabaha/contracts
Content-Type: application/json
Authorization: Bearer <api_key>

{
  "contractType": "MURABAHA",
  "jurisdiction": "SA",
  "currency": "SAR",
  "principal": 500000,
  "profitRate": 0.045,
  "tenor": 36,
  "shariahStructure": {
    "assetType": "REAL_ESTATE",
    "purchasePrice": 475000,
    "sellingPrice": 500000,
    "profitMargin": 25000
  },
  "parties": {
    "seller": "org_seller_001",
    "buyer": "org_buyer_002"
  }
}
Response201 Created
{
  "id": "ctr_mur_8f3k2j",
  "contractType": "MURABAHA",
  "status": "DRAFT",
  "jurisdiction": "SA",
  "currency": "SAR",
  "principal": 500000,
  "shariahStructure": {
    "standard": "AAOIFI_SS_8",
    "boardApproval": "pending",
    "fatwahReference": null,
    "complianceStatus": "AWAITING_REVIEW"
  },
  "createdAt": "2026-03-30T10:00:00Z",
  "auditTrail": {
    "createdBy": "usr_admin_01",
    "action": "CONTRACT_CREATED",
    "evidenceHash": "sha256:a1b2c3..."
  }
}

Enhances Existing Infrastructure

Islamic Open Finance™ overlays your current systems -- adding Islamic finance capabilities without disruption to existing operations.

Connects to existing cores

Treats Temenos, Finastra, Mambu, and other banking cores as execution and ledger layers via the banking connector abstraction.

Handles all Islamic logic

Contracts, Shariah governance, KYC/AML, compliance, zakat, and waqf management run inside IOF — not inside your core.

Provides compliance evidence

Reconciliation, regulatory reporting, audit trails, and AAOIFI-compliant evidence packs generated automatically.

Open Banking Protocol

OBP integration layer abstracts banking connectivity. Swap backends without changing a single customer-facing API.

Architecture Layers

Edge LayerCloudflare Workers
Tenant routingAuth pre-checkRate limitingStatic apps
API Layer142+ endpoints
105 railsHono frameworkOpenAPI specVersioned routes
Logic LayerIOF Engine
Shariah complianceContract lifecycleCerbos ABACEvent-driven
Data LayerMulti-engine
PostgreSQLTigerBeetle ledgerClickHouse analyticsRedis cache

Deployment Models

Managed Multi-tenant

Shared SaaS environment with strict tenant isolation, edge routing via Cloudflare Workers, and AWS ECS backend.

Dedicated Per-institution

Isolated environment for a single bank, takaful operator, or asset manager with dedicated compute and storage.

BYOC / On-premise

Deploy into your own infrastructure with Helm charts, Docker Compose, or Terraform modules under your full control.

Compatible banking connectors

TemenosFinastraMambuOpen Banking (OBP)Custom Core
Ecosystem

Built for the Islamic finance ecosystem

Serving every stakeholder in Islamic finance with specialized capabilities across 105 rails and 12 categories

Banks & Islamic Windows

Standardize Islamic contract execution, Shariah governance, and multi-jurisdiction reconciliation across all business lines.

Takaful & Retakaful Operators

Automate contribution management, risk pool operations, surplus distribution calculations, and retakaful workflows.

Asset Managers & Issuers

End-to-end management of Shariah-compliant funds and sukuk programs with automated purification and compliance reporting.

Central Banks & Regulators

Deploy Islamic RTGS systems, national payment rails, and regulatory sandboxes with embedded compliance monitoring.

Fintechs & Developers

Build compliant Islamic finance products using production-ready APIs, comprehensive SDKs, and developer documentation.

Investors & Fund Participants

Access Shariah-compliant investment opportunities with transparent compliance evidence and real-time purification reporting.

API Explorer

API Explorer

Interactive documentation for the complete Islamic Open Finance™ API suite — 142+ endpoints across 12 categories

Contract Rail

Live

Manage Islamic finance contracts with full lifecycle support

Create Murabaha Contract

POST/api/v1/contracts
{
  "type": "MURABAHA",
  "jurisdictionCode": "SA",
  "currency": "SAR",
  "principalAmount": 100000,
  "sellerOrgId": "org_123",
  "buyerOrgId": "org_456",
  "contractData": {
    "assetDescription": "Vehicle",
    "profitRate": 0.05
  }
}

List Contracts

GET/api/v1/contracts?page=1&limit=20&status=ACTIVE&type=MURABAHA

Execute Contract

POST/api/v1/contracts/:contractId/execute

TypeScript / JS

npm install @iof/sdk

Python

pip install iof-sdk

Java

Available via Maven

Go

go get github.com/islamic-open-finance/sdk-go
Developer Experience

Developer experience & sandboxes

Developer-first by design with comprehensive tools, SDKs, and sandbox environments for every stage of integration.

Comprehensive Documentation

Interactive API explorer for every rail with clear examples, schemas, and authentication guides.

First-party SDKs

SDKs for TypeScript, Python, Java, and Go with type safety, auto-generated from OpenAPI specs.

Sandbox Environments

Shared and dedicated sandboxes with pre-configured rails, synthetic data, and 142+ live endpoints.

example.ts
import { IslamicOpenFinance } from '@iof/sdk';

const client = new IslamicOpenFinance({
  baseURL: 'https://sandbox.islamicopenfinance.com/api/v1',
  apiKey: 'your-api-key-here'
});

// Create a Murabaha contract
const murabaha = await client.contracts.create({
  type: 'MURABAHA',
  jurisdictionCode: 'SA',
  currency: 'SAR',
  principalAmount: 100_000,
  contractData: {
    assetDescription: 'Vehicle',
    profitRate: 0.05
  }
});

// Check Shariah compliance
const compliance = await client.shariah.check({
  targetType: 'CONTRACT',
  targetRef: murabaha.data.contractId
});

console.log('Compliant:', compliance.data.approved);

Fundamentally different by design

Architecture advantages that transform Islamic finance operations

Shariah-native architecture

Built from first principles on Islamic finance standards — not retrofitted conventional systems.

Composable rail infrastructure

105 domain-specific rails with independent governance, not monolithic API wrappers.

Continuous compliance evidence

Immutable proof that every transaction follows prescribed Islamic structures and AAOIFI standards.

Auditable governance workflows

Explicitly modeled committees, policies, and decisions with full audit trails for Shariah boards.

Multi-jurisdiction compliance

Aligns with AAOIFI and IFSB standards while accommodating local regulatory requirements across 75+ jurisdictions.

Ready to Transform?

Transform Your IslamicFinance Operations Today

Begin your implementation journey with expert guidance and proven methodology

POPULAR

Enterprise Pilot

National scale or multi-bank implementation with dedicated support and custom configuration.

  • Dedicated implementation team
  • Custom jurisdiction setup
  • Priority support

Developer Sandbox

Full-featured development environment with sample data and comprehensive documentation.

  • Complete API access (142+ endpoints)
  • Sample datasets across 12 categories
  • Interactive docs & SDK

Architecture Workshop

Technical deep-dive for your specific Islamic finance requirements and integration plan.

  • 1-on-1 consulting
  • Custom integration roadmap
  • Best practices review

Pioneer Islamic finance institutions

transforming operations and venturing into new markets

Partnership Program

Build the Future of Islamic FinanceTogether

Join our ecosystem of technology partners, financial institutions, and innovators shaping the next generation of Islamic finance solutions

Technology Partners

Integrate Islamic Open Finance™ into your platform and tap into the multi-trillion dollar Islamic finance market.

  • API integration support & co-marketing
  • Joint go-to-market programs
  • Technical certification & training

Financial Institutions

Transform your Islamic finance operations with our banking-grade infrastructure and compliance-first approach.

  • Dedicated implementation team
  • Regulatory compliance support
  • Custom jurisdiction setup

Innovation Partners

Co-create groundbreaking Islamic finance solutions with access to our sandbox and expertise.

  • Free sandbox access & resources
  • Mentorship from industry experts
  • Funding & partnership opportunities

Why Partner With Us?

Unlock exclusive benefits and growth opportunities

$4T+

Islamic Finance Market Size

50M+

Potential Customers

75+

Countries Served

24/7

Technical Support

Global Islamic Finance Hackathon 2025

Code the Futureof Islamic Finance

Join developers, designers, and finance experts worldwide to build innovative Shariah-compliant financial solutions

March 15–17, 2026
Virtual Event
1000+ Participants
$100,000 Prize Pool

Shariah Compliance

Build tools and solutions that ensure Islamic finance compliance and automate Shariah governance.

  • Automated Halal screening
  • Zakat calculation platforms
  • Compliance monitoring tools

Digital Banking

Create innovative digital banking solutions for Islamic finance customers and institutions.

  • Islamic mobile banking apps
  • Digital wallet solutions
  • Customer onboarding platforms

Investment & Trading

Develop platforms for Islamic investment, Sukuk trading, and portfolio management.

  • Sukuk trading platforms
  • Islamic fund management
  • Risk analytics tools

Prize Categories

Grand Prize

Best overall solution

Innovation Award

Most creative solution

Impact Award

Most impactful for society

People's Choice

Community favorite

Hackathon Timeline

Registration Opens

January 15, 2026

1
2

Hackathon Weekend

March 15–17, 2026

Judging & Awards

March 24, 2026

3

Ready to Build the Future?

Register now and join thousands of innovators transforming Islamic finance

Get Sandbox Access