Path Solutions

A Fintech digital solution provider serving 140+ Islamic FI across 40 countries with a comprehensive set of services that brings unique convergence of domain & technology. A global leader in AAOIFI-certified financial software along with development/implementation, consulting, support, training, & outsourcing services.

Company Announcements

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Path Solutions assisted IDB Iraq to get AI-ready, move faster and smarter with iMAL*BI

4th March 2021

Path Solutions is pleased to announce that International Development Bank (“IDB”) in Iraq - one of the fastest growing banks in the region, has successfully gone live with iMAL*BI from Path Solutions. This project is fundamental to IDB’s digital transformation strategy to improve customer experience, increase process...
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Path Solutions assisted IDB Iraq to get AI-ready, move faster and smarter with iMAL*BI

4th February 2021

Path Solutions is pleased to announce that International Development Bank (IDB) in Iraq - one of the fastest growing banks in the region, has successfully gone live with iMAL*BI from Path Solutions. This project is fundamental to IDB’s digital transformation strategy to improve customer experience, increase process efficiency, benefit from...
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iMAL completes annual certification renewal exercise with AAOIFI

16th December 2020

Path Solutions successfully completes the annual AAOIFI compliance requirements of iMAL. The recertification process of iMAL demonstrates Path Solutions’ on­going efforts to maintain compliance with existing and newly issued AAOIFI Sharia and financial accounting standards. AAOIFI certification renewal also assures the public that the...
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Path Solutions wins Most Innovative Analytics Deployment at Al Baraka Bank Sudan for 2020

15th December 2020

Path Solutions, the Islamic banking software company, today announced that it is a winner of the 2020 IBSI Global FinTech Innovation Awards for ‘Most Innovative Analytics Deployment’ of iMAL*BI at Al Baraka Bank Sudan, a subsidiary of the strategic Bahraini multinational banking corporation Al Baraka Banking Group. Path Solutions won...
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Path Solutions wins IBSI Global FinTech Innovation Awards 2020 for implementation of iMAL at four Al Baraka Banking Group subsidiaries

14th December 2020

Path Solutions has been named winner of the ‘Best Islamic Banking Implementation’ category following its successful implementation of iMAL at Al Baraka Banking Group in the IBSI Global FinTech Innovation Awards 2020. Four subsidiaries of Al Baraka Banking Group implemented the iMAL Islamic core banking platform bringing transparency...
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Path Solutions is the recipient of FINTECH Prize in two categories

7th December 2020

Path Solutions, the global Islamic banking software company, today announced it has been awarded ‘Best Islamic Fintech Solution Provider’, whereas Mohammed Kateeb, the company’s Group Chairman & CEO won the ‘Islamic Fintech Leader Of The Year’ award of the FINTECH Prize 2020. Kateeb is an industry veteran with...
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Path Solutions is presented with two distinct awards by MEA Finance Awards

16th November 2020

Recognition celebrates excellence, leadership and innovation in financial technology Path Solutions is proud to announce that it has been presented with two prestigious awards by MEA Finance Awards for its dedication and excellence in bringing innovative software solutions for the financial services ecosystem. The company has been bestowed...
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Mogadishu-based Amana Bank signs comprehensive software deal with Path SolutionsThe new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity

2nd November 2020

Amana Bank, a leading Islamic bank in Somalia today announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its legacy IT system and deploy a single, cloud-based digital banking platform to underpin its banking operations. This is Path Solutions’ third win in Somalia after Premier Bank...
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Islamic finance tech giant Path Solutions crowned Best Islamic Technology Provider

20th October 2020

13th year in a row, 14th in total October 20, 2020 - Path Solutions, the global Islamic software and services provider for banks and financial institutions, is proud to announce it has won the ‘Best Islamic Technology Provider’ award in the IFN Service Providers Poll 2020. This is the 13th consecutive year that the company...
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Mogadishu-based Amana Bank signs comprehensive software deal with Path Solutions

7th October 2020

The new project will be deployed on Oracle Cloud Infrastructure for high-performance computing power to run the bank’s IT workloads while providing real-time elasticity Amana Bank, a leading Islamic bank in Somalia today announced that it has selected iMAL, the AAOIFI-certified core banking platform from Path Solutions to replace its...