Mohammed Kateeb, Group Chairman & CEO of Path Solutions received ‘The Global Award for Perfection, Quality & Ideal Performance in 2017’ by the France-based Otherways Management & Consulting Association Club at an award-giving ceremony on 24 July in Rome, Italy. This award recognized Path Solutions’ firm commitment to quality and performance excellence, and for leading the Islamic financial technology space while fostering technology-led innovations and initiatives to deepen financial inclusion. 

On receiving the award, Kateeb commented, “We are honored to receive this recognition from Otherways. It speaks about the successful execution of our strategy as we continue to build on our strengths where our industry know-how and technology expertise differentiate us. It also recognizes our commitment to improving financial inclusion, especially as it relates to linking the unbanked to financial services in the global economy. We are proud of our record serving both our clients and our community and look forward to continuing to do both”.

“There are some remarkably successful initiatives taking place across the world in financial inclusion”, said Charbel S. Tabet, President of Otherways Management & Consulting Association Club, one of the most prominent voices of quality culture. “But offering real solutions to the world’s unbanked population will take investment, determination and innovation, and an ability to bring together key players in fintech and microfinance. Path Solutions combines its vision for economic empowerment and financial inclusion with the latest technology innovations and services”.

The judges were impressed by the combination of Path Solutions’ commitment to social responsible investment and impact investing, and the innovative software solutions it proposes to achieving the goals of global sustainable development.

As part of this innovation, Path Solutions offers iSHRAQ*Microfinance solution to help microfinance companies better serve their customers and expand banking access, thereby empowering market entrants to quickly address the needs of the underserved.

Path Solutions has won this prestigious award, which is a public acknowledgement of its longstanding commitment to the Islamic financial services industry and in recognition of its achievements in spreading quality culture and excellence.