AGIB Goes Live on iMAL R14
- 8 years 4 months ago
- Islamic Finance
Kuwait-based Path Solutions today announces that Arab Gambian Islamic Bank Ltd. (“AGIB”) has gone live successfully with its new core banking platform – iMAL R14 on November 9.
Path Solutions retains its crown as ‘Best Islamic Technology Provider’ worldwide
- 8 years 6 months ago
- Islamic Finance, Infrastructure
Path Solutions, a global provider of Sharia-compliant software solutions and software-enabled services to the Islamic financial services industry, today announced that it was named ‘Best Islamic Technology Provider’ in Islamic Finance news Best Service Providers Poll 2015, as voted for by the publication readership of Islamic finance professionals.
Path Solutions selected as 2015 GIFA award recipient
- 8 years 7 months ago
- Islamic Finance
Path Solutions, a pioneer and worldwide provider of cutting-edge Islamic core banking systems is proud to announce that it has been named “Best Islamic Finance Technology Provider” for a third time at the Global Islamic Finance Awards (GIFA) 2015. Launched in 2011 at the ‘First Oman Islamic Economic Forum’ in Muscat, the GIFA awards recognize and celebrate success and contributions of individuals and institutions in the Islamic financial... more
Global Islamic finance industry to undergo first comprehensive assessment of its 40-year history this December
- 8 years 7 months ago
- Islamic Finance
The World Islamic Banking Conference (WIBC), considered by many as the Islamic financial services industry’s compass for over two decades, continues to live up to its reputation after officially announcing today that its 22nd annual edition will provide industry leaders with a unique opportunity to critically assess Islamic finance’s 40-year history.
Bank Muscat Meethaq upgrades Islamic core banking system
- 8 years 8 months ago
- Islamic Finance
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of continuous endeavour to provide world class services through the latest technology and innovation, has upgraded its core banking system, resulting in a host of cutting edge and first-of-its-kind Islamic banking services covering ATM/CDM, debit card and mobile banking for Meethaq customers. Meethaq now functions with the new iMAL Islamic core banking system.
Latest technology brings greater flexibility and strengthens SEB growth initiatives
- 8 years 9 months ago
- Islamic Finance
Path Solutions announces today that Sudanese Egyptian Bank (SEB) has successfully completed the implementation of iMAL Islamic core banking system across its operations in 7 retail branches. The iMAL solution, which was chosen to replace SEB’s legacy outsourced system, will now accelerate the growth of its retail banking business and further enhance its customer experience.
Path Solutions named ‘Best Global Islamic Banking Technology Provider in 2015’
- 8 years 9 months ago
- Islamic Finance
Path Solutions, the world’s leading Islamic financial software company, is pleased to announce that it has been awarded ‘Best Global Islamic Banking Technology Provider’ at the 2015 Global Banking & Finance Review Awards.
SWIFT and AIBIM To Launch Islamic Finance Rulebook
- 8 years 10 months ago
- Islamic Finance
SWIFT, in collaboration with The Association of Islamic Banking Institutions Malaysia (AIBIM) announce the launch of a new rulebook for the purpose of promoting message standards in the Islamic banking and finance market.
Temenos delivers T24 Cloud Islamic in Africa
- 8 years 11 months ago
- Islamic Finance
Move enables banks to grasp the US$2 trillion Islamic banking market opportunity through new lower cost cloud access to Temenos’ long-established T24 Islamic banking solution. Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that its specialist T24 Islamic core-banking solution is now available as a cloud-based service, ‘T24 Cloud Islamic’, delivering access to... more
Al Rajhi Bank Chooses Diebold's Technology To Drive Branch Automation Strategy
- 8 years 11 months ago
- Islamic Finance
Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions are performed with cash. Approximately 70 percent of all banking transactions are performed inside the bank branch, which leads to long teller queues.
National Bank goes live with iMAL Islamic Core Banking System
- 8 years 11 months ago
- Islamic Finance
Path Solutions, the global Islamic banking software group announced that Kenya-based National Bank successfully went live on April 27th 2015 with iMAL Islamic core banking system for its Islamic window named National Amanah.
Misys Launches ‘Outside-In’ Banking Approach for Islamic Banks
- 8 years 11 months ago
- Islamic Finance
Misys, the leading financial software company, today launches Misys FusionBanking Essence Islamic – a major new component in its ground-breaking banking platform, Misys FusionBanking Essence. With an annual growth of 17 per cent, Islamic banking is a key area where banks can stay ahead of their competition and gain market share. Technology is stagnating banks’ profitability, with Islamic banks averaging just 12.6 per cent Return on Equity, while... more
Path Solutions has topped IBS Islamic Sales League Table 2015 as ‘Number One Best Selling Islamic Banking Software Provider Worldwide’
- 8 years 11 months ago
- Islamic Finance
Path Solutions, the global Islamic banking software group, is pleased to announce that it has topped the IBS Islamic Sales League Table 2015 comprised of top technology providers to the Islamic financial services industry.
