Path Solutions

Kuwait-based Path Solutions is a Fintech digital solutions provider offering a wide range of Sharia-based software solutions and specialized services for Retail & Commercial Banking, Investment Banking, Microfinance, SME & Asset Financing, Asset Management, Brokerage, Capital Markets, and Payment Services.

Company Announcements

Path Solutions and Infrascale Announce Partnership Agreement to Provide Hybrid Cloud Disaster Recovery as a Service

9th May 2019

Path Solutions, a global provider of technology solutions, consulting, and outsourcing services to the Islamic finance industry, has signed a partnership agreement with Infrascale, the leader in Hybrid Cloud Disaster Recovery as a Service (DRaaS). With the partnership in place, Path Solutions will offer Infrascale’s Disaster Recovery...
Ameen Al-Iraq Islamic Bank for Investment and Finance powers digital banking with iMAL

17th April 2019

Ameen Al-Iraq Islamic Bank for Investment and Finance (known as: Ameen Al-Iraq) has just signed for Path Solutions’ iMAL Islamic core banking platform in preference to other core banking systems for its new digital banking business in Iraq. The contract signing took place in Beirut, Lebanon. The iMAL suite was selected ahead of other...
Path Solutions moves award-winning banking technology onto Microsoft Azure to accelerate customer growth

15th April 2019

Fintech solution provider, Path Solutions, today announced that it has successfully deployed and tested its latest iMAL R14.1 technology on Azure, Microsoft’s trusted and intelligent cloud. Currently used by over 100 Islamic banks, iMAL is a multi-award-winning core banking and investment platform. With iMAL now running on Azure, local banks...
Boubyan Bank successfully completes iMAL Islamic core banking platform upgrade

28th February 2019

February 28, 2019 - Path Solutions is pleased to announce that it has recently completed the successful upgrade of iMAL Islamic core banking platform at Boubyan Bank. Established in 2004, Boubyan Bank is the first fully-fledged Islamic bank in the state of Kuwait operating in four segments; Consumer Banking, Corporate Banking, Investment...
Path Solutions’ iMAL is Powered by Oracle Cloud and Now Available in the Oracle Cloud Marketplace

20th February 2019

Path Solutions, a leading provider of Sharia-compliant software solutions and technology-based services, and Gold level member of Oracle PartnerNetwork (OPN), today announced that its world-class core banking platform, iMAL has achieved Powered by Oracle Cloud status and is now available in the Oracle Cloud Marketplace offering added value to...
Sohar Islamic Upgrades iMAL e-Services for Internet & Mobile Banking in the Sultanate of Oman

20th December 2018

The upgraded services generate new business opportunities & enhance customer satisfaction Path Solutions is proud to be a partner of choice for Sohar Islamic - Bank Sohar’s Islamic banking window in the Sultanate of Oman, having implemented and recently upgraded iMAL*E-Banking and iMAL*MobileBanking solutions for them to provide...
Path Solutions on the Number One spot in Islamic Banking

19th December 2018

Path Solutions is proud to announce that it has topped the bobsguide Software Rankings 2018 in the Islamic Banking category - in an industry benchmark list that was revealed on the 11th of December. The inaugural bobsguide Software Rankings 2018 features a comprehensive number of technology companies from all around the world regardless of size...
AAOIFI and Path Solutions sign agreement to pursue and maintain certification

11th December 2018

December 10, 2018 - The Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) and Path Solutions signed an agreement for the renewal of certification for Path Solutions’ iMAL Islamic core banking platform to comply with AAOIFI’s relevant standards. Path Solutions, a world leader in...
Iraq IDB’s successful upgrade of iMAL R14

10th December 2018

Path Solutions, the Fintech solution provider for Islamic finance, today announced that the International Development Bank for Investment and Finance (“IDB”) in Iraq has successfully completed the upgrade of its core banking system to the new Path Solutions’ core, digital platform and echannels of iMAL R14, as of 30th September. ...
Path Solutions named World’s Best Islamic Technology Provider for 11th consecutive yearThe IT firm proves unbeatable by international competition

27th November 2018

November 26, 2018 - Path Solutions, a global Islamic Fintech solutions provider, is delighted and proud to announce that it was selected ‘Best Islamic Technology Provider’ at IFN Service Providers Poll 2018 for the 11th consecutive year, 12 times in total. Commenting on the above achievement, the Group Chairman & CEO of Path...