Path Solutions hosts high level breakfast meeting in KL

December 13, 2010 – Top-level Malaysian bankers met over breakfast at The Westin Kuala Lumpur on December 8 to discuss Islamic finance new growth paradigms.

This invitation-only breakfast dialogue has brought together some of Malaysia’s most influential Chief Executive Officers in an insightful discussion on the Islamic banking industry’s rapid growth and the importance of technology to Islamic banks’ operations.

The welcoming address was given by Mohammed Kateeb, Chairman & CEO of Path Solutions who spoke briefly about the company’s new strategy, vision and expansion plans with special focus on Malaysia and the region.

In the official opening address, Dr. Mohd Azmi Omar of the International Islamic University Malaysia emphasized on the vital role of Islamic banking to generate growth in Malaysia as well as in neighboring countries. Malaysia’s most recent Ten-Year Financial Sector Master Plan articulates the government’s goals to serve as a catalyst for growth in the field.

Dr. Mohd Daud Bakar, CEO of Amanie Business Solutions Sdn Bhd gave the keynote address in which he presented a detailed report on Malaysia’s measures to domestically develop Islamic finance into a full-fledged dual banking system by 2020.

In the end, a brief Islamic finance technology showcase demonstrated various features of iMAL 12 Release.