Islamic Finance

Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions

Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law. Read more »

Mohammed Kateeb Among World’s Top 50 Most Influential Leaders in Islamic Economy for third year

Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, has been named among the World’s Top 50 Most Influential Leaders in Islamic Economy in ISLAMICA 500 for the third year in a row.  ISLAMICA 500, Edition 2018 was released on December 6th in an exclusive private reception organized in cooperation with EDB (Economic Development Board of Bahrain) at the Capital Club Bahrain.  Read more »

Path Solutions selected ‘Best Islamic Technology Provider’ at IFN Awards 2017 for eleventh year

Path Solutions, a leader in banking software systems with a strong focus on the Islamic banking sector, has won the ‘Best Islamic Technology Provider’ award at the 2017 Islamic Finance news Awards. The company is winning the award for the tenth successive year and eleventh time in total. Read more »

Path Solutions Walks Away with the Prestigious IFFSA 2017 Award

​​Path Solutions, a leading software provider for the Islamic financial services industry, today announced that it has once again been recognized as the gold category recipient of the ‘Islamic Finance Technology Provider of the Year’ award. The trophy was received by Mohammed Kateeb, the Group Chairman & CEO of Path Solutions at the IFFSA Awards 2017 in Colombo, Sri Lanka on Tuesday 24th October. Read more »

Path Solutions Signs Sudan Financial Services Co. to iMAL

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced the signing of a licence agreement with Sudan Financial Services Company (“SFSC”), giving Path Solutions unrestricted access to deploy its iMAL Enterprise Islamic & Investment System across their business. Read more »

iMAL selected ‘Best Sharia-Compliant Banking Solution’ at The Systems in the City Awards 2017

Path Solutions is the first-ever Arab company to win a Goodacre UK’s award Path Solutions, a leading provider of Islamic banking software solutions and services has received the ‘Best Sharia-Compliant Solution’ award at The Systems in the City Awards 2017.  Read more »

The Asset Honours Path Solutions Being Voted Best Islamic Technology Provider

The board of editors of The Asset magazine has once again selected Path Solutions as the ‘Best Islamic Technology Provider’ in The Asset Triple A Islamic Finance Awards 2017. Path Solutions is the only software company to have committed to Islamic finance as its sole domain. It prides itself on being focused on developing Sharia-based financial software solutions and services to a burgeoning financial sector. This success depends on the company’... more Read more »

Path Solutions Wins Two Categories at ACQ5 Global Awards 2017

Path Solutions, the leading Islamic financial software company, has been recognised as ‘Core Banking System Provider of the Year - Islamic Finance’, while its cutting-edge iSHRAQ*Microfinance was selected as ‘Sharia-Compliant Microfinance Solution of the Year’ for the third year running, at the recently concluded ACQ5 Global Awards 2017.  Read more »

Path Solutions' Group Chairman & CEO, Mohammed Kateeb, was named ‘Best Islamic Finance Technology CEO of the Year EMENA 2017’

 Path Solutions, an international core banking system provider for the Islamic financial services industry, today announced that its Group Chairman & CEO, Mohammed Kateeb, was named ‘Best Islamic Finance Technology CEO of the Year EMENA 2017’ by Global Banking & Finance Review. Read more »

Path Solutions Achieves GoodAccredited Standard for Seventh Year in a Row

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced it has received the GoodAccredited Standard for the seventh consecutive year. Read more »

Path Solutions voted Islamic Banking Solution Provider of the Year 2017

Kuwait-based Path Solutions has been named ‘Islamic Banking Solution Provider of the Year 2017’ at the just-ended Beacon of ICT (BoICT) 2017 Awards. This is the third time that Path Solutions has been named first on this prestigious list, standing out from competition and beating ICS Financial Systems in the finals. Read more »

ICS Financial Systems Showcases at Sub-Saharan Africa Islamic Finance Convention

ICS Financial Systems (ICSFS) the global software and services provider for banks and financial institutions, participated at its multiple award winning Islamic banking software, ICS BANKS ISLAMIC, at Sub‐Saharan Africa Islamic Finance Convention,held in Uganda at the Sheraton Kampala Hotel on the 6th of April 2017. Read more »

 ICS Financial Systems Limited (ICSFS), logo

International Islamic Bank Selects ICS BANKS® ISLAMIC System from ICSFS

 ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that International Islamic Bank (IIB), a newly established bank in Iraq, has selected the multi-awards winning system ICS BANKS® ISLAMIC. Read more »

ICS Financial Systems (ICSFS)

ICS Financial Systems to Participate at the Sub-Saharan Africa Islamic Finance Convention 2017

ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, will be exhibiting at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda, which is a new opportunity of Islamic finance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017. Read more »

Path Solutions celebrates its 25th anniversary

Path Solutions, a major provider of mission-critical, cutting-edge Sharia-compliant financial software solutions, celebrates 25 years old. Thus celebrating its pioneering role in creating a new ground-breaking industry.  Read more »

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