Path Solutions, the world’s number one Islamic banking software provider successfully concluded its participation in the 21st annual edition of the World Islamic Banking Conference (WIBC 2014) at the Gulf Hotel in Bahrain.
The three-day conference, held on 1-3 December under the theme "Islamic Finance: Towards the New Paradigm Shift in Global Financial Markets", began on December 1st under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, the Prime Minister of Bahrain with the official support of the Central Bank of Bahrain.
More than 1,300 industry practitioners from over 50 countries representing over 300 institutions joined more than 90 international speakers and industry thought leaders to discuss critical issues that would enable Islamic finance to move towards a new growth paradigm in global financial markets.
Besides being the Islamic Banking Solutions’ Partner of the world’s largest and most influential annual gathering of international Islamic finance leaders, Path Solutions, represented by its EVP - Business Consulting & Pre-Sales, Abd El Aziz Lotayef was a Guest Keynote Speaker at a session entitled “Insights into the New Innovations in the Global Islamic Finance Industry”. Lotayef confirmed Path Solutions’ commitment to helping Islamic financial institutions embrace innovation and successfully transform the way they run their businesses.
Moreover, the 2014-15 edition of the World Islamic Banking Competitiveness Report was launched at a specially convened session at the conference. Developed in collaboration with Ernst and Young’s Global Islamic Banking Centre, the report titled “Participation Banking 2.0” was presented by Abid Shakeel, Advisory Financial Services, and Noman Mubashir, MENA - Advisory Services.