iMAL Islamic Core Banking Platform from Path Solutions has been crowned ‘Islamic Banking Application of the Year’ for the fourth time in the 2018 Beacon of ICT (BoICT) Awards.
This most coveted award in Africa is given to Path Solutions for outranking all other competitors and demonstrating clear leadership in the following key measurement areas: Strategic planning, clear product vision, and large market share.
Mohammed Kateeb, Group Chairman & CEO of Path Solutions, said, “We are honoured to win this prestigious award for the fourth time. The BoICT award is a clear endorsement by our clients and the Islamic banking community, and once again affirms our commitment to delivering best-in-class set of services. We will continue to focus on developing innovative and reliable solutions so as to meet the evolving client expectations and maintain our leadership position in the segment”.
According to Communications Week Media Ltd., Path Solutions emerged winner of BoICT 2018 Awards as a result of its continued pioneering role in the Islamic finance space in terms of innovation, and its next-generation platform – iMAL, known for its broad and deep Islamic functionality, flexibility, viability and operational performance.
Ken Nwogbo, Editor-in-Chief, Nigeria CommunicationsWeek pointed out, “This is a true testament to your talent, innovations, contributions and commitment to the growth of the ICT industry, and we are happy that our readers worldwide have recognized Path Solutions’ hard work, sincerity and dedication towards the development of the Islamic finance industry”.
The award ceremony which took place on April 28 at Eko Hotels and Suites in Lagos was presided over by Dr. Isa Ali Ibrahim Pantami, Director General & CEO, National Information Technology Development Agency (NITDA).