Islamic Finance

Path Solutions bags two awards at The Asset Triple A Islamic Finance Awards 2018

Path Solutions is delighted to announce that it has received two accolades from The Asset Triple A Awards 2018, including ‘Best Islamic Technology Provider’ for a fourth year running and ‘Best Islamic Digital Banking Solution’ for its flagship Islamic core banking platform iMAL for the second time. Read more »

Maalem Financing Taps Path Solutions Islamic Core Banking Platform

In line with its new business and innovation strategy, Maalem Financing has signed an agreement with Path Solutions, the Islamic banking software specialist, in which iMAL Islamic core banking platform will be rolled out progressively at the company’s headquarters.    Read more »

Path Solutions achieves eight consecutive GoodAccreditation Standard

Path Solutions is proud to announce that its Islamic core banking platform, iMAL has received the GoodAccreditation standard for the eighth consecutive year. This accreditation is awarded to companies based on customer satisfaction across a number of system and service criteria. Read more »

Path Solutions Announced Top Islamic Banking Software Vendor by IBS Intelligence

Path Solutions, a leading provider of Islamic banking software systems announced today that the company has topped IBS Islamic Sales League Table (ISLT) 2018. This marks the sixth consecutive year, nine times in total in which Path Solutions holds on again to the No. 1 spot on this iconic international list. Read more »

Double Global Banking & Finance Review honors for Path Solutions and Group Chairman & CEO Mohammed Kateeb

Path Solutions, the global leader in Sharia-based technologies to the Islamic financial services industry, announced today that the company and its Group Chairman & CEO, Mohammed Kateeb, have been awarded this year’s ‘Best Islamic Banking Technology Provider EMEA’ and ‘Best Islamic Finance Technology CEO EMEA’ respectively by Global Banking & Finance Review.   Read more »

Temenos named Best Islamic Banking & Finance Software Solution by World Finance Magazine

Temenos (SIX: TEMN), the banking software company, today announced that it has won "Best Islamic Banking & Finance Software Solution" in WorldFinance magazine’s annual Islamic Finance Awards. Temenos' IslamicSuite was first nominated by World Finance magazine readers and users of their website before being strictly evaluated by a judging panel along with other competitors. Criteria in this judging included Shari’ah compliance, the solutions... more Read more »

Trustbank Amanah uses iMAL Islamic core banking platform to power Suriname’s first Islamic bank

Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced today that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core banking platform with the successful transition of the bank from conventional to Islamic banking business model, a major milestone in the South American banking system as large banks in South America are tipped to tap into growing Sharia-compliant... more Read more »

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 thatAlrajih 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 »

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 »

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