Path Solutions named World’s Best Islamic Technology Provider for 11th consecutive yearThe IT firm proves unbeatable by international competition

27 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 Solutions, Mohammed Kateeb stated, “I’m honored to celebrate our record-breaking 11th win today. This recognition arrives on the heels of many other 2018 honors for Path Solutions’ excellence and innovation in industry-leading Islamic financial technologies. Our vision is rooted in our drive to innovate. Over the years, we have capitalized on the strength of our Islamic core banking platform, and we are continuously enriching it by introducing technologies that focus on intelligence, analytics and digitalization of our client services enabling them to offer rich, consistent and highly differentiated customer experience. We thank our clients, partners and IFN readers for voting for us, as it inspires us in our mission to advance and continue to deliver state-of-the-art set of solutions and services”.

This year, Redmoney’s IFN poll received a record-breaking number of votes. Eleven categories were contested to determine the most influential Islamic finance service providers with high-level commitment to continuously contribute to strengthening the soundness of the global Islamic finance industry as it continues its positive growth trajectory.

Andrew Morgan, Managing Director & Publisher of IFN commented, “In another big year for Islamic tech behemoth Path Solutions, the firm is crowned ‘Best Islamic Technology Provider’ for the 11th consecutive year, winning a total of 12 times, demonstrating its unparalleled edge in one of the most hard-fought categories of the poll. Oracle FSS came in second. IFN would like to extend its most sincere and heartiest congratulations to all winners and deepest gratitude to all voters for making the IFN Service Providers Poll the most trusted yardstick for performance and benchmark of excellence for the industry’s unsung heroes”.

Path Solutions’ string of recognitions is a result of its pioneering and catalytic role, being at the forefront of the international Islamic financial services industry. The company’s multi-award winning Islamic core banking platform includes a web-based, cloud-first solution designed to add significant value, flexibility, control, and operations visibility to clients around the world. Path Solutions has received praise from distinguished scholars and industry analysts on a global scale.

To view the IFN Service Providers Poll 2018 winners, go to:

About Path Solutions

Path Solutions, the market-leading Islamic software provider with 26 years of experience, offers the widest range of Sharia-compliant software solutions and technology-based services for the fast-growing Islamic financial services industry. The company is a pioneer in utilizing the latest technology to serve financial institutions with its embedded Service-Oriented Architecture (SOA).

Path Solutions supports an international installed base of over 150 Islamic financial institutions, spanning more than 39 countries and ranging from Tier 1 Islamic banks to small microfinance institutions. The company operates from 11 offices across Europe, Asia Pacific, Africa and the Middle East including its headquarters in Kuwait City, and employs more than 500 IT experts worldwide.

About IFN Service Providers Poll

Established in 2005, this poll recognizes the best supporting providers to the Islamic financial services industry as voted by the readers of Islamic Finance news. Islamic financial institutions, investors, corporates and government bodies from around the world are invited to participate by casting their votes. Voting takes place during September with the results announced during the first week of October.

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