Path Solutions takes top honors in three ACQ5 Global Awards

23 July 2018

Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the company was awarded ‘Core Banking System Provider of the Year (Islamic Finance) – International’ for the 5th time, and its ground-breaking technology solution for financial inclusion iSHRAQ*Microfinance named ‘Sharia-Compliant Microfinance Solution of the Year - International’ for the 4th year running at the ACQ5 Global Awards 2018.   

“It’s extremely gratifying to have won three awards in these important categories of ACQ5 this year”, said Kateeb. “This is a validation of our commitment to continuing to build the momentum. This milestone arrives at a time when looking ahead in a rapidly changing world of technology is essential. The world is increasingly looking to businesses and business leaders to chart a path forward as technology reshapes all industries including the Islamic financial services industry. At Path Solutions, we stood up to support this progress, and have been a source of inspiration to all other technology providers”.

The ACQ5 Global Awards recognize service providers who exhibit exceptional innovation in their fields, and honor those who are best harnessing technology to aid global financial inclusion.

This year, voting closed on Thursday 29th March 2018. The total number of nominations received by ACQ5 stood at an amazing 98,621 nominations. Guided by the poll’s results, those firms and individuals that have had the greatest impact on the industry during the previous calendar year deserve recognition and are truly honoured.

Founded in 1992, Path Solutions is a global leader in next-generation Sharia-based software development and implementation, consulting, support, training, and outsourcing services. The company helps its clients transform and thrive in a fast-changing world by implementing bespoke and breakthrough solutions including digital and mobility that combine strategic insights and business capabilities enabling data-driven decisions that are crucial to propel their business forward.

Path Solutions’ iSHRAQ*Microfinance is a powerful web-based solution to the booming microfinance industry and for the non-for-profit funds in poor countries.

Mohammed Kateeb is a successful corporate leader with an unrivalled depth of knowledge and profound passion for serving the IT industry. His guidance and approach has allowed Path Solutions to grow and flourish in a complex marketplace while others have long struggled. At present, in his role as member of the Board of Trustees of IRTI, an affiliate of IsDB Group, Kateeb is contributing to building a technology-enabled Islamic finance sector to foster financial inclusion and create a better world.

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