Islamic Finance

SunTrust Bank Nigeria to Revamp its Partnership with ICSFS

 SunTrust Bank Nigeria, a privately held commercial bank in Nigeria, has recently conducted an executive incentivised meeting with ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to revamp its partnership and roadmap. Read more »

AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solutions

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) carried out a rigorous process of testing the compliance of iMAL Islamic financial software and issued a certificate to confirm its compliance with AAOIFI’s Shari’ah and Financial Accounting standards. Read more »

Nisir Microfinance Institution to Choose ICS BANKS from ICSFS to Drive its Growth in Ethiopia

Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has selected ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, to be its technology partner in providing a turnkey project, delivering its ICS BANKS Microfinance solution. Read more »

Path Solutions tops the Islamic Finance category in bobsguide Software Rankings 2019

Path Solutions, a worldwide provider of Islamic software solutions and services ranked first for the second year in a row in the annual bobsguide Software Rankings’ Islamic Finance category. The bobsguide Software Rankings are reflective of the power of technological advancement in a vibrant fintech ecosystem. bobsguide tabulated nominations from across the globe in 36 categories. Path Solutions won over every other entrant in the Islamic... more Read more »

Path Solutions tops the Islamic Finance category in bobsguide Software Rankings 2019

 Path Solutions, a worldwide provider of Islamic software solutions and services ranked first for the second year in a row in the annual bobsguide Software Rankings’ Islamic Finance category. The bobsguide Software Rankings are reflective of the power of technological advancement in a vibrant fintech ecosystem. bobsguide tabulated nominations from across the globe in 36 categories. Path Solutions won over every other entrant in the Islamic... more Read more »

ICSFS’ Islamic Team Participates in AAOIFI's Intensive Workshop Following the 14th AAOIFI-World Bank Annual Conference

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, Islamic team have participated in The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) workshop, the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry. Read more »

Path Solutions chooses Nityo Infotech to strengthen its presence in South East Asia

Path Solutions, the global Islamic banking software company, today announced a new partnership with Nityo Infotech, the fastest growing next-generation global IT services company. Read more »

Path Solutions chooses Nityo Infotech to strengthen its presence in South East Asia

Path Solutions, the global Islamic banking software company, today announced a new partnership with Nityo Infotech, the fastest growing next-generation global IT services company. Read more »

Path Solutions holds the record for winning the same category for a 13th year at IFN Service Providers Poll 2019

Path Solutions, the global provider of Islamic software solutions and services today announced that it was voted ‘Best Islamic Technology Provider’ at Islamic Finance news Service Providers Poll 2019. Read more »

Path Solutions upgrades Maisarah’s core banking platform for enhanced performance

Path Solutions, the global Islamic banking software company, today announced that Maisarah Islamic Banking Services of BankDhofar has successfully upgraded its core banking platform to the latest version of iMAL. Read more »

Path Solutions wins esteemed GIFA recognition for sixth time

Path Solutions, the global software specialist for Islamic banks and financial institutions, is glad to announce that it has won the award for ‘Best Islamic Finance Technology Provider 2019’, one of the most prestigious accolades in the Islamic finance segment, at the 9th GIFA Awards Ceremony that was held on the evening of September 16 in Cape Town, South Africa. Read more »

Oromia Bank Goes Live with Upgraded Solution

Oromia International Bank, a decade-old private commercial bank, has gone live with an advanced core banking solution. ICS Financial System (ICSFS), a company from the United Kingdom, developed the system that works for interest-free, corporate internet, retail and mobile banking services. The system was fully implemented last month after the duo signed the agreement two years ago. ICSFS secured the project after vying with seven other companies... more Read more »

Path Solutions upgrades Jaiz Bank’s core banking platform for enhanced performance

Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving customers’ needs as it expands into new markets. Read more »

Path Solutions Upgrades Jaiz Bank’s Core Banking Platform for Enhanced Performance

Path Solutions, the global Islamic banking software company, today announced that Jaiz Bank Plc., Nigeria’s premier non-interest (Islamic) bank has successfully upgraded its Islamic core banking platform iMAL R14.1 version. The upgrade is to enable innovation that will meet evolving customers’ needs as it expands into new markets. Read more »

ICS Financial Systems named winner of Best Banking & Financial Software Solutions Award 2019 by World Finance

With disruptive fintech firms becoming a more pervasive fixture in the financial landscape, many traditional institutions are struggling to remain competitive. It’s here that digital solutions providers such as ICS Financial Systems (ICSFS) come in, helping banks to bolster their technological capabilities and maintain their market share. Read more »

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