Path Solutions awarded Best Islamic IT Solutions Provider in 2012

London - 8 June 2012

Path Solutions, a worldwide provider of Islamic and Investment software solutions for the Islamic finance industry, today announced that it has won the prestigious ‘Best Islamic IT Solutions Provider’ award at the London Sukuk Summit Awards organised by ICG Events on 6th June 2012. The Gala Dinner & Awards Ceremony was held on Wednesday 6th June at the Jumeirah Carlton Tower hotel in London.

Mohammed Kateeb, Group Chairman & CEO of Path Solutions collected the award and commented: “We are thrilled to be chosen as the winner of our category, overcoming stiff competition from the other finalists. This win demonstrates the significant role Path Solutions plays within the Islamic banking segment and validates the strong market position of our business”.

He also added, “We’re excited about the implications of this success for continuous improvement of industry-specific and differentiated product offerings that continue to elevate the value iMAL is able to bring to the Islamic banking market. Winning this award adds to the many prestigious awards Path Solutions have won over the years. Earlier this year, Path Solutions won the ‘Best Islamic Technology Provider’ award for the 4th year running in REDmoney’s IFN Awards Best Service Providers Poll 2011 announced last December”.

The much respected and valued industry Sukuk Summit Awards were established to help raise the standards in the Islamic finance sector and to set the highest benchmarks for the industry globally. The Awards’ panel of judges is made up of respected industry experts from across the GCC, Europe and South East Asia and is responsible for nominating those institutions that they deem to have attained outstanding achievement, success and excellence over the past months.

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