News & Insights

News from Dara and the Dara Group, event reports, and expert articles by our team on financial systems architecture, product and banking know-how.

Expert articles from the Dara team on financial systems architecture, product and banking know-how.

Insights

16 August 20263 min read

AI in the financial back office: where it helps and where it must not decide

Dara's AI assistant works with the same permissions and the same data the user already has in the portal. This article describes its everyday uses and the boundaries we have deliberately set for it.

Insights

28 July 20263 min read

Two-phase credit card purchases and automatic credit release

When a customer pays with a credit card, the purchase is not final until the merchant confirms it. This article explains how Dara records the purchase in two phases on the Financial Core, and how the customer's credit is restored automatically if confirmation never arrives.

Insights

5 July 20263 min read

From daily balance to loan limit: scoring in Qard al-Hasan funds

Many funds tie their members' loan limits to their deposit history. In this article we explain how Dara's Scoring & Eligibility module turns daily balances into scores, and scores into financing limits.

Insights

9 June 20263 min read

Islamic contracts in the Loan Product Builder: from credit lines to Solar Hijri installment schedules

Every financing product in Dara starts with a credit line linked to one of fifteen Islamic contracts. In this article we walk through how a product is defined, how its installment schedule is built on the Solar Hijri calendar, and how repayments are allocated.

Insights

12 May 20263 min read

Adding an approval step without a new software release

In Dara's Process Engine, every process graph is versioned data. Using an example from the financing process, this article shows how the order of approvals is changed and what happens to in-flight cases.

Insights

18 April 20263 min read

Why balances should be kept in one place only

In many banking systems, deposits, cards and financing each keep their own balances, which are reconciled with accounting at the end of the day. This article explains why Dara moved away from that approach and what replaced it.

Newsletter

Dara newsletter

Get new articles and news by email whenever we publish them.