Path Solutions on top for the fourth time in a row
Named Best Islamic Technology Provider for the 4th year running by REDmoney

December 27, 2011 – Path Solutions today announced that it has been selected as ‘Best Islamic Technology Provider of the Year’ in REDmoney’s IFN Awards Best Service Providers Poll 2011, which continue to be an apt representation of the current Islamic financial market landscape.

Path Solutions won this category for the 4th year running. An online poll taken by industry practitioners was instrumental in helping judges reach their decisions.
IFN Awards Best Service Providers Poll 2011 full results will be published in the IFN Annual Guide in February 2012, along with the winners of the Best Islamic Banks Poll.

“Path Solutions is deeply honored to have been recognized for the fourth time in a row by the readers of REDmoney’s IFN magazine. Path Solutions’ presence in the Islamic banking market spans more than 20 years, and we pride ourselves on our expertise in this sector”, commented Mohammed Kateeb, Path Solutions’ Group Chairman and Chief Executive Officer. “Winning this most coveted flagship industry award underlines our leading role in supporting the Islamic finance industry and to providing the best knowledge and expertise to assist our clients in achieving their business objectives.”

Path Solutions serves over 76 Islamic banks and financial institutions worldwide. The company has a global footprint across 27 countries and has been acknowledged leader in the Islamic core banking solution space by top industry analysts.

The Islamic Finance news Awards honor the best in the Islamic financial industry. Widely regarded as the most prestigious awards, they are highly recognized by the global Islamic capital markets.
Two gala awards ceremonies to honor the winners for the Poll 2011 and the Deals of the Year Awards 2011 will be taking place in February 2012. The first will take place on the evening of the 15th February in Kuala Lumpur, followed by Dubai on the 29th February.

For more news on the IFN Polls, go to: http://www.redmoneyevents.com/2012/2012_IFNawards.asp