08/05/2006 – Path Solutions, a leading IT firm, announced today its participation as a Silver Sponsor in the 3rd Islamic Financial Services Board Summit in Beirut- Lebanon on the 17 and 18 of May 2006.
In today’s evolving Islamic finance market, nations are trying to consolidate their interest to respond to the global demands and developments of the Islamic financial services industry.
The summit will address the role of the industry in economic development and stability, and the needed adaptations in the architecture and infrastructure towards achieving a long-term vision while answering immediate challenges, hence maximizing the industry's contribution towards growth with stability.
The theme of this year is ”Aligning the Architecture of Islamic Finance to the Evolving Industry Needs”. This theme fittingly describes the common purpose for the assembly of Central Banks' Governors, distinguished personalities and over 250 practitioners representing various global, regional and national institutions as well as market players.
Mr. Naji Moukadam, President of Path Solutions, commented, "We are very pleased to be able to introduce our software offerings to such a targeted audience. Our AAIOFI compliant solutions address many of the issues these participants are looking to solve in today's Islamic financial market. The IFSB Summit is a great opportunity for Path Solutions to reach the senior executives in the Islamic banking and investment industry”.
The IFSB Summit, which will take place at the Intercontinental Phoenicia – Beirut is held under the Patronage of H.E. Fuad Siniora, Prime Minister of Lebanon and hosted by Banque du Liban.