Path Solutions, a global provider of Sharia-compliant banking software solutions and services has been announced as the ‘Most Outstanding IT Company’ at the KLIFF Islamic Finance Awards Presentation 2015, which took place on Tuesday 1st December at The Royale Chulan in Kuala Lumpur, Malaysia.
Announcing Path Solutions as the ‘Most Outstanding IT Company’, the panel of judges cited the company’s continued commitment to powering Islamic financial institutions with world-class software solutions and its growing footprint across the Islamic financial services sector as the winning factor.
The KLIFF Islamic Finance Awards Presentation 2015 are meant to honour, recognise and acknowledge the significant efforts and contributions of individuals and institutions in developing the Islamic finance industry. The awards are one of the industry’s highest accolades for innovation and excellence.
“This recognition exemplifies our success and our commitment to provide our clients with the most innovative Sharia-based software solutions and services in a rapidly evolving and complex financial services world”, said Rohana Abdul Munim, Sales Director and Head of Islamic Finance Strategic Initiatives at Path Solutions. “We have significantly increased R&D spending over the last two years to make investments that deliver truly valuable technology solutions to forward-thinking Islamic financial institutions worldwide”.
Kuwait-based Path Solutions provides next-generation software solutions with unrivalled industry knowledge and world-class implementation and support expertise. As a pioneer in the Islamic financial services industry, Path Solutions has launched in 1992 a first-of-its-kind pure Sharia-compliant core banking system. The company remains a first mover with an expanding client base across all key geographies.
The KLIFF Islamic Finance Awards Presentation 2015 was organised in conjunction with the 12th Kuala Lumpur Islamic Finance Forum (KLIFF 2015). The guest of honour for this year’s ceremony was YB Senator Dato’ Dr. Asyraf Wajdi Dato’ Dusuki, Deputy Minister in the Prime Minister’s Department of Malaysia.