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.  

The Global Banking & Finance Review Awards were created to recognize companies that are at the summit of achievement in terms of excellence, impact and know-how within the global financial community. They also honor leaders who have contributed immensely to the strengthening and promotion of the tech industry in the region. The awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the global financial sector.

For over 25 years, Path Solutions has been engaged in the development and implementation of cutting-edge software solutions and services to address the growing needs of the Islamic finance sector. Being at the forefront of Sharia-based core banking technology, the company provides cloud-ready and on premise software suite with a robust set of capabilities to help Islamic financial institutions enhance their most distinctive operations.

Mohammed Kateeb has earned a number of awards over the years, including the prestigious 'Leadership Award in Information Technologies & Media’ from ISFIN in 2017, and was named three times in ISLAMICA 500 among the 'Top 50 Most Influential Leaders Who Make the Islamic Economy'.

“Kateeb’s aggressive support of innovation in the technology industry, paired with the corresponding results and tremendous impact on the sector were particularly remarkable”, commented Wanda Rich, Senior Editor, Global Banking & Finance Review. “Under his watch, Path Solutions has achieved significant growth and success, contributing exciting tech developments and innovations that have global reach, and thus, making it the dominant player in its field”, she said.

Mohammed Kateeb commented, “We are honored to be recognised once more by Global Banking & Finance Review as a technology pioneer. Technology is the most important force energizing the growth in our industry, and Path Solutions recognizes the critical importance of IT innovation. We have developed a world-class core banking platform engineered to be linearly scalable to empower the move to digital, allowing our clients to generate significant economies. We remain as committed as ever to helping our clients achieve their goals of agile growth, smarter operations and transform from traditional to intelligent financial institutions”.

Winners will be announced in the upcoming edition of the print publication. This news will also be published in the online publication of Global Banking & Finance Review.