Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has received the GoodAccredited Standard for the seventh consecutive year.
Commenting on the accreditation, Mohammed Kateeb, group chairman and CEO of Path Solutions said, “We are thrilled to have achieved the GoodAcredited Standard for the seventh year in a row, as the only Arab company to feature on this prestigious list since 2011. With 100 per cent focus on the Islamic finance sector, particularly retail and investment banks and microfinance institutions, we have invested deeply in the iMAL suite spanning digital and Omnichannel solutions, portfolio and fund management, and trade finance solutions.”
This announcement follows Path Solutions’ double-award win at ACQ5 Global Awards 2017 for ‘Core Banking System Provider of the Year – Islamic Finance’, while its iSHRAQ*Microfinance was selected as ‘Shari’ah Compliant Microfinance Solution of the Year’ for the third year running.
Path Solutions has also been nominated extensively in The Islamic Globe Awards 2017. Updates of the firm’s progress will follow.