Path Solutions joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions
Kuwait-based Path Solutions is happy to announce that it has joined CIBAFI, the General Council for Islamic Banks and Financial Institutions as a member.
CIBAFI is an international organization established in 2001 and headquartered in the Kingdom of Bahrain. It is affiliated with the Organization of Islamic Cooperation (OIC).
CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating cooperation among its members and with other institutions with similar interests and objectives.
With nearly 120 members over 30 jurisdictions, representing market players, international intergovernmental organizations, professional firms and industry associations, CIBAFI is recognized as a key player in the international Islamic finance marketplace.
Path Solutions’ membership with CIBAFI will serve as an excellent opportunity to collaborate with the renown institution to advance the development of the Islamic financial services industry and to benchmark and further ensure conformity of the company’s Islamic software solutions and services with the Sharia.
About Path Solutions
Path Solutions is a leading IT provider offering a broad, deep spectrum of Sharia-compliant integrated solutions and services to the Islamic financial marketplace.
Designed to meet the needs of modern Islamic banking, Path Solutions’ turnkey solutions are based on an open, flexible architecture and an established deployment methodology. They have been tested and implemented at some of the world’s most sophisticated Islamic banks, Islamic banking windows as well as conventional banks converting into Islamic banking operations.
Path Solutions’ flagship product – iMAL, provides a complete suite of Islamic banking applications with a rich sweep of functionality and features, addressing Sharia compliance, local and regulatory requirements.
The company has built a leadership position by continuously innovating in differentiated, mission-critical software solutions to stay at the forefront of the Islamic financial industry.
Path Solutions’ team of qualified professionals and complementary solution partners have an unparalleled ability to address regulatory and Sharia compliance requirements at both international and regional levels. Armed with deep industry expertise and field-tested best practices, the company’s team strives to provide the highest quality services to clients all over the world.
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