Islamic Finance

AFFINBank Implements Moody`s Analytics Risk Management Software

AFFIN Bank Group successfully implemented Moody`s Analytics robust profit rate and liquidity risk management platform. In its aspiration to better manage large exposure risks and improve business decision making AFFIN Bank Group (“AFFIN”) has installed Analytics RiskAuthority™ and RiskConfidence™ Moody`s software platforms. AFFIN Bank Implements Moody’s Analytics Software Solutions to Enhance Risk Management Capabilities Read more »

Al-Arabiya Islamic Bank Goes Live with ICS BANKS ISLAMIC System from ICS Financial Systems

ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, announced that Al-Arabiya Islamic Bank, a newly established Bank located in Iraq, selected the multi-awards winning system ICS BANKS ISLAMIC System. The signing ceremony took place in Amman Jordan Attending the ceremony were the General Manager of Al-Arabiya Islamic Bank; Mr. Duraid Yaseen Hamdan and the Executive Director for... more Read more »

Path Solutions Named ‘Best Islamic Finance Technology Service Provider - Global 2016’

Path Solutions is proud to announce that it was awarded by the universally recognized financial magazine ‘International Finance Magazine’ as ‘Best Islamic Finance Technology Service Provider - Global 2016’. This accolade underpins the market’s need and recognition for long overdue innovations in Islamic financial technologies. With 25 years of solid experience, Path Solutions - a Kuwaiti IT company specialized in the development and... more Read more »

QIIB Chooses Misys FusionBanking Essence Islamic Solution

Top performing Islamic bank signs for new FusionBanking Essence Islamic solution Misys today announced that QIIB has chosen Misys FusionBanking Essence Islamic. The bank is implementing the new solution in conjunction with Misys FusionBanking Party Management, to accelerate modern Sharia-compliant banking and build client loyalty through an enriched customer experience. Read more »

Profile Software to showcase its solutions at Middle East Wealth Management Forum in Dubai

Profile Software, an international financial solutions provider, today announced its sponsorship of the Middle East Wealth Management Forum organized by Hubbis, taking place on the 24th of January at the Ritz Carlton, DIFC in Dubai, UAE. Profile’s executives will demonstrate the client centric and innovative platforms that address the Wealth Management industry’s requirements. Read more »

Path Solutions Wins Fintech Finance Award

Having successfully completed the final round of judging, Path Solutions, the Islamic core banking system provider, has won the award for ‘Best Solution Provider in Islamic Banking’ at the Fintech Finance Awards 2016. The Fintech Finance Awards 2016 have been announced in the December issue of Fintech Finance launched at Fintech Connect Live on the 6th of December. Path Solutions was selected amongst a list of nominees representing the Islamic... more Read more »

Path Solutions Named Most Outstanding IT Company for Islamic Finance

Path Solutions, a global provider of cutting-edge software solutions for the Islamic financial services industry today announced that the panel of judges for KLIFF Islamic Finance Awards 2016 has selected Path Solutions as a recipient of the ‘Most Outstanding IT Company for Islamic Finance’ award. For the past 12 editions of KLIFF Islamic Finance Awards, many outstanding individuals and institutions in the field of Islamic finance have been... more Read more »

KFH First Islamic Bank in Region to Implement a Full Automated (STP) in Treasury Dealing Activity

“Kuwait Finance House (KFH) constantly endeavors to enhance its systems by deploying innovative solutions, offering world class services and products in line with its strategy of benefiting from technology in all fields and businesses. This strengthens KFH’s position in the global markets, while contributes in achieving the best profitability,” said KFH-Group CEO Mazin Saad Al-Nahedh. Read more »

Khaleeji Commercial Bank Reveals Innovative and Leading Products

Khaleeji Commercial Bank, one of Bahrain’s leading Islamic banks, has recently launched a range of innovative and leading products including the “I’teman” account, the “Easy36” credit card and the “Thabet” account. Read more »

Path Solutions Named Best Technology Solutions Provider to Islamic Microfinance by AlHuda CIBE

Pakistan-based AlHuda CIBE has conferred the “Best Technology Solutions Provider to IMF 2016” award to Path Solutions for promoting global financial inclusion and demonstrating exemplary social responsibility towards a sustainable financial system.          The award was granted to Path Solutions after a rigorous evaluation of a record number of nominations by an internal research team and an award committee at AlHuda CIBE.  Read more »

Path Solutions Named Best Islamic Technology Provider for the Tenth Time

 For the tenth time Path Solutions has won the category of ‘Best Islamic Technology Provider’ in the 2016 Islamic Finance news (IFN) Service Providers Poll conducted by Malaysia-based RedMoney Group. More than 55 percent of readers have endorsed their satisfaction in using iMAL Islamic core banking system from Path Solutions, which this year celebrates its 25th birthday. Read more »

Mohammed Kateeb Received the Leadership Award in Information Technologies & Media

On Monday 10th October, Professor Laurent Marliere, publisher of ISLAMICA 500 presented Mohammed Kateeb, Group Chairman & CEO of Path Solutions, the prestigious Leadership Award 2017 in Information Technologies & Media. Held in conjunction with the ‘Global Islamic Economy Summit (GIES 2016)’, the ISLAMICA 500 private award reception took place at the Hilton Dubai Jumeirah Beach, UAE. Read more »

Path Solutions Gets New Accolade at the ECPC2016

Path Solutions was the Gold Sponsor of the Egyptian Collegiate Programming Contest (ECPC), which was held successfully on the 8th & 9th of October at the Arab Academy for Science, Technology and Maritime Transport (AASTMT), Abu Qir Campus in Alexandria, Egypt. Read more »

Path Solutions Receives Double Award at CEO Insight Global Awards 2016/17

The award winners have been announced! Path Solutions has hit the top spot at the 2016/17 CEO Insight Global Awards, whose results have been unveiled ahead of the prestigious Sustainability Week Conference scheduled from 14-21 January 2017 in Abu Dhabi, winning two highly sought-after awards; The CEO Insight Award for the company’s Group Chairman & CEO Mohammed Kateeb in the ‘Top 10 CEOs in Enterprise Software’ category, and the CEO Insight... more Read more »

Path Solutions Named Best Islamic Finance Technology Provider 2016

Path Solutions today announced that it has won the ‘Best Islamic Finance Technology Provider 2016’ award, reiterating the company’s continuous contributions in accelerating technology-led breakthroughs in the Islamic financial services marketplace. Path Solutions was conferred the honour by Edbiz Consulting during the exclusive GIFA Awards Ceremony held in Jakarta (Indonesia) on September 29. GIFA 2016 was hosted by Otoritas Jasa Keuangan (OJK... more Read more »


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