Path Solutions voted as the Best Islamic Finance Technology Provider

Path Solutions has beaten off stiff competition to scoop the award of the 2006 Best Islamic Banks Poll and the 2006 Deals of the Year as designated by readers of the industry’s leading Islamic capital markets focused publication Islamic Finance News (IFN).

Path Solutions and MRL Financial co-sponsored the inaugural annual awards ceremony and dinner organized by RedMoney, and held on the 12th March 2007 at the Shangri-La Hotel in Dubai.

“We’re thrilled that Path Solutions is making its mark at the top of this highly competitive segment”, said Naji Moukadam, President of Path Solutions.

The win comes after a great year for Path, which included the signing with more than 8 Islamic financial institutions and the launch of several new Sharia compliant products to its customers.

“2006 has been a fantastic year for Path Solutions and the award really is the icing on the cake”, added Mr. Moukadam. “The Best Islamic Banks Poll and the 2006 Deals of the Year prize is hugely pleasing because it was achieved through customers’ survey enjoying our services enough to cast their vote. I would like to thank everyone who voted, and our staff for giving our clients such award-winning technologies.”

Some two hundred guests attended the ceremony in Dubai, which will take place again in Malaysia later this month for partners from the Far East and South East Asia.