Path Solutions, the world leader in the provision of Islamic banking software, is pleased to announce that it has been awarded for the third time Sheikh Mohammed Bin Rashid Al Maktoum Trophy for "Best IT Solution Provider to the Islamic Finance Industry".
The award was presented to Path Solutions' Head of Corporate Communications & Marketing Rosie Kmeid, during the International Islamic Finance Forum 2010 Awards Ceremony held on 17th of May at the Raffles Hotel in Dubai where Path Solutions fended off competition from around the globe.
The International Islamic Finance Forum Awards celebrate excellence in Islamic finance. The awards showcase the very best names in Islamic finance and recognise contributions of institutions and individuals to the development of this nascent but high potential industry.
Path Solutions this year has been recognised "Nb.1 Best Selling Islamic Software Provider" and "World's 5th Universal Banking Solutions Provider" in IBS Sales league Table for 2009 and "Best Islamic Technology Provider" in the 2009 IFN Awards Poll conducted by Redmoney.
"We are thrilled to be selected once again as the Best IT Solution Provider in our category, particularly as this year is marked by challenging market conditions", commented Mohammed Kateeb, Chairman & CEO of Path Solutions. "The Islamic finance industry becomes increasingly competitive every year. Maintaining a distinct edge over our competitors is contingent on sharper customer focus and ability to constantly evolve our product line to meet the specific needs of a highly competitive market", Kateeb concluded.