Path Solutions

26 results about this entity

Period: 29 Jul 2015 - 22 Sep 2021

Trustbank Amanah uses iMAL Islamic core banking platform to power Suriname’s first Islamic bank

Path Solutions, a leading global Islamic core banking software, consulting and services organization, announced today that Trustbank Suriname, now Trustbank Amanah, has gone live on iMAL Islamic core banking platform with the successful transition of the bank from conventional to Islamic banking business model, a major milestone in the South American banking system as large banks in South America are tipped to tap into growing Sharia-compliant demand.

Alrajih Islamic Bank for Investment and Financing opts for iMAL from Path Solutions

Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.

Al Baraka Banking Group overhauls Islamic core banking systems with iMAL

Al Baraka Banking Group (ABG), a leading international Islamic banking group and one of the largest Islamic banking players in the world, today announced that it has opted for Path Solutions’ iMAL, the multi-award winning Islamic core banking system.

Alrajih Islamic Bank signs to implement iMAL from Path Solutions

Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.

Zain Bank turns to Path's iMAL core for Islamic banking push

Path Solutions today announced that Zain Iraq Islamic Bank for Investment and Finance (Zain Bank), a newly established Islamic retail bank in Baghdad, has selected iMAL Islamic Core Banking System for the launch of its Islamic banking services, as it seeks to tap into the growing demand for Islamic banking products across the country.

Path Solutions signs Sudan Financial Services Co.

Kuwait-based Path Solutions, an international core banking system provider for Islamic banks and financial institutions, has announced the signing of a licence agreement with Sudan Financial Services Company (“SFSC”), giving Path Solutions unrestricted access to deploy its iMAL Enterprise Islamic & Investment System across their business.

BOK International UAE signs for iMAL Islamic core system

Path Solutions, the market leading provider of Islamic financial software solutions and services, announced today that Bank of Khartoum Group signed a license to acquire the new ground-breaking version of iMAL Islamic core banking system for its newly established branch in the United Arab Emirates - BOK International UAE.

Faisal Islamic Bank signs up for iMAL to replace legacy core banking system

Faisal Islamic Bank, Sudan has announced that it has signed up with Path Solutions to deploy iMAL Islamic core banking system to replace the bank’s decentralized legacy system Pentabank from Financial & Banking Systems, across its 100 branches.

Crédit du Maroc enlists Path Solutions for the implementation of a new core banking system

Path Solutions, the world leader in the provision of technology solutions to the Islamic financial services industry, today announced that it has signed up Crédit du Maroc (CDM), as the bank’s single financial software partner for its newly launched participative banking window.

Path Solutions signs first Islamic core banking deal in the America

Suriname-based Trustbank is taking a big leap after signing a new licensing deal with Islamic software vendor Path Solutions to implement iMAL Islamic Banking & Investment System as its new core banking platform.

Bok International in Bahrain goes live with iMAL Islamic core banking system

Kuwait-based Islamic banking technology provider Path Solutions, announces today that BOK International (“BOKI”) first overseas branch office for Bank of Khartoum (“BOK”) in Bahrain has completed successfully the implementation of iMAL across its operations.

Path Solutions wins Summit core banking deal

Summit Bank, a major Pakistan-listed bank today announced that it has signed a landmark deal with Path Solutions, the global core banking software and services company, to implement iMAL core banking system in the bank’s Karachi Head Office and its 192 branches across Pakistan.