First Abu Dhabi Bank (FAB) is expanding its long-standing partnership with Temenos through a new engagement in Saudi Arabia, aimed at modernizing its core banking and payments infrastructure for Islamic banking operations.
As part of the project, FAB will deploy Temenos Core Banking, Payments Hub, and Data Hub on cloud infrastructure in the Kingdom. The rollout is designed to support Shari’ah-compliant banking services across retail, SME, and corporate segments, while strengthening governance and aligning with local regulatory requirements.
The move builds on a relationship of more than a decade between the two companies. FAB already runs multi-entity instances of Temenos Core Banking across 12 countries, and the Saudi initiative further reinforces the bank’s confidence in Temenos’ regional experience and cloud-native architecture.
FAB said the modernization supports its broader growth strategy in the Kingdom and aligns with Saudi Vision 2030, with a focus on stronger controls, regulatory compliance, and improved digital capabilities.
FAB KSA CEO Fahad Aljuwaidi said the partnership marks an important step in enhancing governance, accelerating digital transformation, and delivering a secure and seamless customer experience in the Saudi market.
Temenos’ Santhosh Rao added that the engagement highlights the vendor’s strong regional presence and track record in supporting banks across one of the Middle East’s most dynamic financial markets.
The deal underlines the continued investment by regional banks in cloud-based, regulation-aligned infrastructure to scale Islamic banking and modernize core operations.