Path Solutions Bags Award for Sharia-Compliant Banking Software

Path Solutions, Kuwait-based global technology services firm has emerged winner of the prestigious award for 'Best Islamic IT Solutions Provider' at the just held 7th London Sukuk Summit Awards Ceremony.

The company  joined an elite group of only few companies that have received the renowned Sukuk Summit Award more than once.

Path Solutions provides Sharia-compliant banking software systems and services to Islamic, microfinance, retail, corporate, universal and investment banks.

The company's flagship solution iMAL is proven in a number of customer deployments in more than 25 countries across the world.

The solution provides advanced technology and rich functionality, incorporating best practice processes that leverage Path Solutions' expertise around the globe.

Path Solutions' reputation for outstanding quality and service and its dedication to excellence have enabled it to maintain a superior corporate image.

Fueling this success is a single-minded commitment to customers and partners. As in 2012, the panel of judges at the 2013 London Sukuk Summit Awards singled out Path Solutions for its outstanding achievements, success and contribution to Islamic finance over the past 12 months.

"We are delighted that we have won this most coveted award. This is a top accolade an IT company can receive and to win twice in a row is a fantastic testament to our clients who have embraced our exciting journey in a fast-growing segment" stated Rosie Kmeid, Global head Corporate Communications & Marketing at Path Solutions.

She continued "the award recognises our commitment to providing world class Sharia-compliant solutions and services that really deliver cost savings, improve productivity and meet industry needs".

The much respected and valued Sukuk Summit Awards, presented during a Gala Dinner Awards Ceremony on June 12th at the Jumeirah Carlton Tower in London, recognise and honor excellence and innovation in the field of information technology within Europe, Middle East and Africa Islamic financial services sector.

They 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 achievements, success and excellence over the past year.