UR Islamic Bank Goes Live on ICS BANKS Islamic Banking Solution from ICSFS
- 2 years 9 months ago
- Banking, Islamic Finance
Baghdad, Iraq: UR Islamic bank for Investment, a privately-owned bank in Iraq, has successfully gone live on ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.
AlHuda CIBE UAE and Philippine Economic Zone Authority Signed MoU
- 2 years 11 months ago
- Islamic Finance
AlHuda CIBE FZ LLE UAE & Philippine Economic Zone Authority will work together for the development of Islamic banking and finance in Philippines AlHuda Centre of Islamic Banking and Economics (AlHuda-CIBE) and Philippine Economic Zone Authority (PEZA) have signed a MoU in Dubai- UAE. The MoU was signed by Mr. Muhammad Zubair Mughal, CEO, AlHuda-CIBE and Hon BGen Charito B. Plaza, Director General (Deputy Minister), PEZA, Philippines.
Path Solutions Is Announced Winner in 3 Categories for the 2021 Fintech Prize
- 2 years 11 months ago
- Islamic Finance
We are delighted to announce that Path Solutions was ranked highly and named a winner in three categories among top firms worldwide at the recently held Fintech Prize 2021 on December 1st via a virtual ceremony over YouTube: - Path Solutions was named Best Islamic Fintech Solution Provider Of The Year, for second time in a row. - IFIN Services, a joint venture between IFAAS and Path Solutions was selected Islamic Fintech Startup Of The Year.
IFIN wins first prize in EFICA Awards 2021
- 2 years 11 months ago
- Islamic Finance
IFIN (“Islamic Finance Initiation Network”) the first of its kind fintech, stands out with its state-of-the-art solutions for the Islamic finance industry and wins the Ethical Finance Initiative Award at the annual EFICA Awards 2021 held on Wednesday 24 November at JW Marriot Marquis, Dubai and organized by Abu Dhabi Islamic Bank (“ADIB”), a leading Arab financial institution, and Refinitiv, a London Stock Exchange Group business.
10th Global Islamic Microfinance Forum to be held in Dubai-United Arab Emirates Accelerating the Poverty Reduction in the World
- 2 years 12 months ago
- Banking, Islamic Finance
10th Global Islamic Microfinance Forum (GIMF) will convoke in Dubai -United Arab Emirates on 12th-14th December, 2021 under the theme of “Evidence of Impact and Financial Inclusion” to explore and discuss innovative financial inclusion strategies that can create clear pathways to poverty alleviation. This Apex event is organized by AlHuda CIBE and Sponsored by Islamic Corporation for the Development of the Private Sector- ICD.
2nd International Conference on Ijarah (Islamic Leasing) and Takaful Successfully Held in Istanbul, Turkey
- 3 years 1 week ago
- Islamic Finance
Islamic Finance Heading Towards New Destination
AI Rayan Bank Chooses Trunarrative to Provide Digital Onboarding and Fraud Risk Management
- 3 years 3 weeks ago
- Artificial Intelligence, RegTech, Islamic Finance, Fraud Detection, Risk Management
The UK’s oldest and largest Islamic bank, Al Rayan Bank PLC chooses RegTech platform from TruNarrative, part of LexisNexis® Risk Solutions, to provide individual & business onboarding and end-to-end fin-crime strategy
Path Solutions Receives Record-breaking Number of Awards at IFN Service Providers Poll
- 3 years 1 month ago
- Payments, Islamic Finance
Several honors and awards were recently bestowed on Path Solutions including the latest Best Islamic Technology Provider 2021 award from Islamic Finance news (IFN). For the first time in history, an Islamic banking software provider receives the most awards ever for its contribution to the growth of the Islamic financial services industry.
2nd CIS Islamic Banking and Finance Forum to be Held in Tashkent- Uzbekistan
- 3 years 1 month ago
- Islamic Finance
2nd CIS Islamic Banking and Finance Forum will convene in Tashkent – Uzbekistan on October 21, 2021 to explore and discuss innovative financial inclusion strategies that can create clear pathways to financial and economic Solutions. AlHuda CIBE organizing the 2nd CIS Forum with the collaboration of Multilateral Partner Islamic Corporation for the Development of the Private Sector- ICD. ICD is one of the premier Islamic multilateral financial... more
Brand-new Positive Facilities (“Ejabiah”) Awards Core Banking System Contract to Islamic Software Powerhouse Path Solutions
- 3 years 2 months ago
- Core Banking, Islamic Finance
The newly established financing company in Saudi Arabia, Positive Facilities Co. Ltd. (“Ejabiah”), has signed an agreement on the 26th of August with Path Solutions for the implementation of its interest-free core banking platform.
The One-month Project Implementation at Hijra Bank Is Now Complete
- 3 years 2 months ago
- Banking, Core Banking, Islamic Finance
The Asset Triple A Islamic Finance Awards 2021 recognize Path Solutions
- 3 years 2 months ago
- Islamic Finance
Against the backdrop of a very difficult year for all, Path Solutions has been honored with the ‘Best Islamic Technology Provider’ award at the Triple A Islamic Finance Awards 2021 organized by The Asset Publishing and Research Ltd.
One of the Latest Banks to Join the Growing Islamic Banking Sector in Ethiopia, Hijra Bank Awards Core Banking Platform Contract to Software Giant Path Solutions
- 3 years 3 months ago
- Banking, Core Banking, Islamic Finance
After receiving the green light from the National Bank of Ethiopia (NBE), Hijra Bank, the second fully-fledged interest-free bank in the country has engaged in a highly competitive bidding and selection process which resulted in the selection and signing of an agreement with Path Solutions for the implementation of its AAOIFI-certified core banking platform.
More Than Half of Millennial and Gen Z Muslims Would Adopt Islamic Banking If It Were More Accessible
- 3 years 3 months ago
- Banking, Islamic Finance
According to a new report, social responsibility and ethical practices among top priorities for next generation of Islamic banking customers but a lack of digital services is holding the industry back
World Finance names ICS Financial Systems as Best Islamic Banking & Finance Software Provider for the Second Consecutive Year at Islamic Finance Awards
- 3 years 3 months ago
- Banking, Islamic Finance, Online Banking
The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Software Provider as part of its 2021 Islamic Finance Awards.