GIFA has named Mohammed Kateeb as the 2018 recipient of the Advocacy Award Path Solutions, winner of the Market Leadership Award

9 October 2018

September 29th was a remarkable day for Path Solutions as it was recognized and honored twice at the annual Global Islamic Finance Awards (GIFA). The Group Chairman & CEO, Mohammed Kateeb was honored with the Advocacy Award – Islamic Financial Technology, while the company bagged the Market Leadership Award.

The GIFA Advocacy Award recognizes front-runners with outstanding accomplishments in Islamic finance advocacy; those who demonstrate uncommon commitment and an outstanding work in advocacy at all levels of engagement. Kateeb was selected as the recipient of this year’s most coveted award by the GIFA Awards Committee, being highly impressed with the many contributions made by him to further promote and develop the industry.

As stated in his nomination for this award, “Kateeb brings his tireless advocacy to the Islamic finance community. His immense contributions to develop and promote the industry merit recognition. He selflessly gives his time and in addition to his role, he serves as a true ambassador towards the advancement of the Islamic financial services industry”.

Since 2016, Kateeb is a member of the Board of Trustees of the Islamic Research and Training Institute (IRTI), an affiliate of Jeddah-based Islamic Development Bank Group (IsDB) that focuses on developing a technology-enabled Islamic financial services sector leveraging state-of-the-art technology to mainstream Islamic economics and finance knowledge. Winner of IFFSA’s 'Honorary Leadership Award in Islamic Finance', Kateeb has been selected three times among the 'Top 50 Most Influential Leaders Who Make the Islamic Economy' in ISLAMICA 500.

The GIFA Market Leadership Awards honor companies that have shown excellence in every area of the market leadership process; those who are helping shape the current and future direction of the Islamic financial services industry. This award is testimony to Path Solutions’ dedication in establishing a successful track record of technology innovation and leadership.

“It is a distinct honour to receive two prestigious recognitions from GIFA. This double accolade is testament to Path Solutions’ profound impact on the sector, demonstrating significant contribution by bringing much needed innovation to a fast evolving industry. While we have received other awards this year that recognized our contributions and pioneering role in the Islamic finance space, this honor has special significance because it raises awareness on some pretty impressive results and milestones we have achieved so far. It is the enduring nature of these accomplishments that drive value beyond immediate outcomes”, said Kateeb.

“We’d like to extend our heartiest congratulations to Path Solutions on this huge achievement and accolade”, commented Dr. Sofiza Azmi, Chairman of GIFA and CEO of Edbiz Corporation. “The GIFA Awards Committee in a recent meeting decided in favour of Path Solutions because the company presided by the Chairman of the Board Mohammed Kateeb, plays an outstanding role by consistently and competitively revolutionizing the segment, given its involvement in key industry initiatives to clearly differentiate itself from its competitors. Congratulations on this well-deserved recognition”.

The 8th GIFA Gala Dinner was held in Sarajevo in the presence of H.E. Bakir Izetbegović, President of Bosnia and Herzegovina, and other heads of states and governments, central bank governors and Islamic financial fraternity from around the world.

GIFA 2018 winners are announced in the October 2018 issue of ISFIRE magazine, as well as online at http://gifaawards.com/winners.php

About Path Solutions

Path Solutions is a global leader in next-generation Sharia-based software development and implementation, consulting, support, training, and outsourcing services. The company enables clients in more than 39 countries to stay a step ahead of emerging industry trends and outperform the competition.

Path Solutions helps Islamic financial institutions 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.
Visit www.path-solutions.com for more details.

About Edbiz Corporation

Edbiz Corporation is a global Islamic finance think tank, headquartered in London. The company provides multiple services that balance the dual purpose of developing thought leadership in a niche industry and strengthening the Islamic finance capacity for businesses and banks. Its client base is diverse and includes financial institutions, governments, education providers, established businesses and entrepreneurs.

The Global Islamic Finance Awards (GIFA) is a prestigious market-led Islamic finance awards programme founded in 2011 by Edbiz Corporation as part of its advocacy for Islamic banking and finance. Since then, it has annually been offering its top ‘Global Islamic Finance Leadership Award’ to heads of states or equivalent for their leadership and advocacy roles in promoting Islamic finance in their respective jurisdictions and globally.
For more information, visit: www.edbizconsulting.com

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