Path Solutions successfully participates in Mauritius International Conference

April 11, 2011 – Path Solutions announces that it has participated in the International Conference on Islamic Banking and Finance, held in Mauritius on the 5th & 6th of April. The event was run by Al Barakah Multi-Purpose Co-operative Society Limited in association with Al Huda Centre for Islamic Banking & Economics (Pakistan).

The conference elaborated the fundamentals of Islamic banking and its regulations, Mauritius modern banking system and the state’s suitable taxation scheme for Islamic banking as well as the Mauritians own experience and awareness towards Islamic finance. Mauritius’ Minister of Labour, Industrial Relations and Employment addressed the opening ceremony and encouraged Muslims and non Muslims to operate under the Islamic banking paradigm.

Path Solutions was represented by its Corporate Communications Manager, Stephanie Hayek who spoke about the potential importance of IT in driving competitiveness of Islamic banks during the panel session entitled “Islamic Financial Operations from an IT Perspective” where she also introduced the company’s new products to the audience.
“The presentation met with great interest and led to many interesting and highly promising technical discussions with potential customers from Mauritius. This is another significant step on the road to broad market acceptance of Islamic banking technologies”, commented Path Solutions’ Global Corporate Communications & Marketing Head Rosie Kmeid. “All in all, our participation in this conference can be characterized as a very positive experience indeed”.

The International Conference on Islamic Banking and Finance was attended by government officials, senior bankers, academicians and Sharia scholars.
More information on the conference site: http://www.alhudacibe.com/mauritius-2011/index.php