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.

Path Solutions has made history after winning 12 consecutive awards, 13 times in total, at IFN Service Providers Polls, surpassing last year’s record by receiving a record-breaking number of votes, cementing what seems like unassailable dominance over the Islamic financial services sector. International Turnkey Systems was voted second, while 2018’s runner-up Oracle FSS came third.

With digital transformation dominating the financial industry, Path Solutions has captured high-profile new business across the globe this year, with new clients in Africa and Asia selecting the company’s best-selling iMAL Islamic core banking platform incorporating advanced analytics and intelligence, risk and compliance, CRM with 360-degree view, and digital modules. iMAL helps banks to transform from legacy systems to open platform empowering their full digital transformation initiatives. 

“We feel honored to have won the ‘Best Islamic Technology Provider’ award from REDmoney over the years, which reflects our long-standing commitment to supporting the Islamic finance industry with flexible, scalable and innovative Sharia-compliant solutions that have been specifically designed around the customer journey across all business lines. We look forward to continuing to empower Islamic banks with cutting-edge technologies, enabling them to reap the benefits of end-to-end digitalization”, said Mohammed Kateeb, Group Chairman & CEO at Path Solutions.

Voted by the readers of REDmoney’s industry leading publication - Islamic Finance news - the IFN Service Providers Poll is regarded as the industry’s top-rated poll whose results offer a comprehensive and independent guide to the world-class providers to the Islamic financial services industry. The readership of the magazine comprises of government officials, corporate executives in high-profile companies as well as professionals in the financial services business.