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Kuwait Head Office

United Arab Shipping Company Bldg.Block 6, Bldg. 3, 1st Floor, Airport St.

Kingdom of Bahrain Office

Office 21, 2nd Floor, Bldg. 20, Bahrain Tower Block 305, Road No. 385, Al Khalifa Avenue

Malaysia Office

Suite #112, Pavilion, C-GF-08 Jalan Puteri 7/13, Bandar Puteri Puchong

United Arab Emirates Office

Unit No. R29-38Reef Tower, Jumeirah Lake TowersCluster O
487232 Dubai

UK Office

Ground Floor23 Austin Friars

Lebanon Office

Mkalles Highway, Mkalles 2001 Bldg., 3rd Floor

Egypt Office

Golden Gate Tower, Autostrad Rd.Western Maadi near Al Lasilky St., 7th Floor

India Office

Office 309, SCK 01, Smart CityKakkanad, Kochi

Kingdom of Saudi Arabia Office

Office No. 8402, 8th FloorNew Real Estate Bldg., Tower No. 4Al Malaz Area, Street No. 60
28774 Riyadh

Kingdom of Morocco Office

Casa Twin Tower Business CenterTwin Center, Tour Ouest, Angle Boulevards Zerktouni & Al Massira16th Floor, Office No. 1605

Pakistan Office

Office No. B-101 & B-1021st Floor Blossom Trade Centre Plot No. SB 25Block No. 1 Gulistan-e-Jauhar




Rim Richani
[email protected]


Powering the Intelligent Bank of the Future

Mission Statement

Path Solutions is a worldwide provider of next-generation digital solutions and services. The company enables clients in four continents to navigate their digital transformation, address current challenges and become connected, smarter, and agile.

Path Solutions’ new age initiatives – Digital & Social Banking, Mobility, Business Analytics, Risk Management & Compliance solutions cater to the evolving need for speed, reach and predictability. Its multi-award winning Islamic core banking platform iMAL is based on Service-Oriented Architecture (SOA), and supports open banking through open APIs and web services. Path Solutions’ total commitment to open standards enables its clients to benefit from the latest technology advances ensuring business agility, continuity, data integrity and availability, low downtime, in addition to Sharia compliance, delivering a significant and immediate ROI.

The company’s mission is to accelerate the financial services move to digital by building technologically advanced plug-and-play financial software coupled with flawless implementations and mission critical support.


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.


Path Solutions stands out for its established track record of fail-proof implementations, a critical factor in core banking deployment. Besides, the company’s software solutions are developed in-house and are fully owned by the company. This adds substantial value to its clients by delivering, implementing, integrating, supporting & maintaining a whole set of services which enable them to have a ‘one-stop shop’ for their overall needs.

Path Solutions enables transformation in Islamic financial services through its holistic suite of fully integrated, scalable, and robust solutions, paired with a 360-degree view of individual customer data.

The company delivers substantial results to its clients, through:
– High return on investment and reduced total cost of ownership
– Enhanced efficiency through automation of standardized and simplified processes
– Organic and inorganic growth with unmatched performance and scalability
– High flexibility and configurability supporting a variety of banking models
– Ease of integration through inbuilt service integration capabilities.

Path Solutions offers a differentiating proposition second to none – the combination of a deep knowledge base in the field of Islamic banking with software solutions developed in-house – that is indigenous to the Islamic banking community and unique to Path Solutions.

Path Solutions offers the industry’s widest range of software solutions to Islamic banks and Islamic financial institutions addressing all their operational requirements.

Its flagship suite iMAL, is a new generation of comprehensive enterprise and yet modular Islamic banking and investment platform addressing the in-depth business functionality and the state-of-the-art technology in a single, highly integrated front, middle and back office system. It is a user-friendly, integrated, modularized suite reflecting an extensive range of business practices.

iMAL is being designed and developed from scratch on the basis and principles of Sharia,
to enable a powerful and service-oriented banking infrastructure without restrictions and with minimum disruption to banking operations.

The platform provides full support to various functions within the organization including: Corporate & Retail Banking, Investment Banking, Online Banking, Financing, Treasury & Brokerage, Settlement, Risk Management, Funds & Portfolios, Trade Finance, Facility Management, CIF, Profit Calculation, Accounting & MIS, Private & Personal Banking, Fixed Assets, Personnel & Payroll, Assets & Liabilities Management, Shareholders Registration and Regulatory Reporting.

iMAL is the only core banking platform that has been certified by AAOIFI in January 2020, confirming its compliance with AAOIFI’s Sharia and financial accounting standards. iMAL has been also recognized by leading industry analysts for its broad and deep Islamic functionality, flexibility, viability and operational performance.

iMAL is a fully interoperable system that seamlessly integrates with any existing core banking system. Consistently ranked as the first Islamic core banking platform worldwide, iMAL combines front-to-back-office functionality with unparalleled scalability and customer centricity approach. The flexibility and parameterization built into the system adds to its advantages. Not only does iMAL enables Islamic financial institutions to cater for new innovative financing and investment products with minimum set-up time and effort, but it does so with a speed and ease of use that is unmatched in the industry.

Furthermore, Path Solutions is currently focusing on offering financial software services that could play a key role as an enabler in enriching the customer’s journey and tracking the value created throughout the financial ecosystem, to generate a better customer experience ecosystem.


Path Solutions was originally incorporated in 1992 with an initial objective to provide software services to different industries in the MENA region. From 1992 to mid-1995 the company’s principal business was to supply investment companies with advanced technologies. Path Solutions’ products and solutions were in the development stage throughout 1993 and most of 1994 with commercial rollout commencing in late 1996.

Few years later, the management decided to develop a stream of powerful company-wide initiatives to drive growth and a set of common values to allow Path Solutions to face any environment with confidence – the focus was to provide a diverse portfolio of leading Sharia-compliant software solutions for the Islamic finance sector in specific.

Year 2000 marked the beginning of Path Solutions’ product line-up, i.e. the launch of a fully integrated and yet modularized solution for Islamic banks and financial institutions. The product line had been expanded to include Path Solutions’ famed iMAL, an integrated suite of solutions and services reflecting an extensive range of Islamic business practices. Path started offering a broad array of services including consulting and project management, system implementation, training and support for the Islamic financial services sector.

In mid-2002, the company went through an effective change and configuration management process with which the product strategy was lead down to cater for an end-to-end Islamic solution.

The new strategy that was put in 2003 undertook the provision of an enterprise Islamic banking solution with a piece-meal functionality at the level of every function, i.e. system modularity with the best functionality and yet fully integrated with other modules. In addition to that, an investment has been made on providing smooth integration with external systems via a middleware application; thus allowing banks to purchase the required modules such as Islamic Treasury, Islamic Investment and yet integrate them with their existing core banking system.

After completing the skill of the product and the product direction, an aggressive marketing campaign has been launched on the website, with distribution of marketing materials, public presentations and the sponsorship of Islamic banking conferences. In parallel, Path Solutions went through the reshuffling of internal processes and got its first ISO Certification in March 2003.

Year 2003 brought more expansion and diversification. The company signed with leading Islamic financial institutions in the Gulf region, and started focusing on expanding its market share into new geographies that leverage the company’s unique technologies, client relationships, and industry expertise.

Path Solutions continued its investment in R&D and has developed several cutting-edge Sharia-compliant software solutions including iWINDOW and iSHRAQ to satisfy the market needs.

In 2004 and 2005, after a wide exposure, major investment in resources and a geographic expansion, the market response was recognized with a remarkable success in terms of business deals. The growth in sales has far exceeded even the most optimistic forecasts.

To better represent the company’s redirected vision and commitment to become an industry leader, the company formally opened additional subsidiaries in many parts of the world.

Today, Path Solutions has established itself as a global provider of cutting-edge software solutions and services to the Islamic financial services industry, serving the world’s leading Islamic financial institutions. The company develops, manages and supplies Islamic digital software solutions resulting in a trusted system that guarantees quality of service and reliability.

Path Solutions is engaged in the research, development, implementation and support of its Islamic core banking platform to meet the increasingly complex needs of the Islamic financial services industry through a large team of IT professionals, business consultants, technical analysts and system engineers. Its multinational team is comprised of qualified and skilled IT developers, consultants and subject matter experts who have achieved many industry-related certificates such as Certified Islamic Finance Executive (CIFE), CIMA Diploma in Islamic Finance (CDIF), CIMA Advanced Diploma in Islamic Finance (CADIF), and others with an unparalleled ability to address regulatory and Sharia compliance requirements at both international and regional levels. Armed with deep industry expertise and field-tested best practices, Path Solutions’ global team strives to provide the highest quality services to a diverse client base through a global network covering four continents.

Path Solutions’ commitment to developing flexible, robust and innovative Sharia-compliant financial solutions has been acknowledged by industry top analysts including IBS Intelligence, REDmoney Group, Gartner, Forrester, CEB TowerGroup, Aite Group, IDC and Celent. Moreover, Path Solutions is consistently positioned as ‘Number One Islamic Banking Software Provider’ and ‘Best Selling Islamic Core Banking System Provider Worldwide’ for the past 28 years; a position held since its inception.


Path Solutions has a relentless focus on innovation and consistently invests 25% of its revenue into R&D. The company is passionate about helping financial institutions to perform better, and thus is fully focused on creating innovative banking software in its five R&D centers. The first one being Kuwait headquarters, followed by Lebanon, Egypt, India and Pakistan R&D centers, in addition to near-shore support offices spread across the UK, Malaysia, KSA, UAE, Morocco, Sudan and Bahrain, and a global business partner network across four continents.

iMAL is available in three different languages and implemented at over 140 Islamic financial institutions across the Middle East, GCC, Africa, Asia Pacific, South America and United Kingdom, in more than 40 countries worldwide.

Path Solutions plans to expand in new geographies where legislation is encouraging the innovation and launch of alternative and ethical banking products, leveraging on the company’s global presence to turn this potential into reality, particularly in growing markets.


Path Solutions’ goal is to aggressively invest and continuously anticipate banking technologies to establish revolutionary standards in the global Islamic finance industry. Therefore, the company invests relentlessly in research and development to make the most of an ongoing IT revolution that promises incredible advances in Islamic finance.


Path Solutions’ Executive Management team is comprised of the following key members who are seasoned professionals with years of experience in the financial software industry. Meet the team that is championing the company’s next-generation Islamic banking suite:

Mohammed Kateeb, Group Chairman & CEO
Abdo Chalhoub, EVP – Enterprise Project Management Office
Grace Saade, SVP – Global Professional Services, Support & Corporate Academy
Fadi Gedeon, VP – Global Sales
Khaled Berjawi, VP – Product Strategy & Management
Rosie Kmeid, VP – Global Corporate Communications & Marketing
Inderjeet Singh, VP – Human Resources & Corporate Legal
Sudhakar Kallakuri, VP – Finance