MK Interviews

Group Chairman & CEO Mohammed Kateeb Talks Islamic Financial Technologies

IFN editor speaks to Group Chairman & CEO, Mohammed Kateeb about Singapore’s Azentio Software acquisition of the Islamic core banking software specialist Path Solutions, in a deal that not only promises to both augment and extend the technical provisions available to the industry, but casts a strong spotlight on the growing global interest in Islamic finance as high-growth sector.

The pandemic has accelerated the digitalization of the Islamic financial services. And while it is a challenge, financial institutions have turned to digital solution providers to support their transformation. Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, talks to IFN about the company’s ongoing commitment to digitalization and the future of Islamic banks in the era of open banking driven by regulatory, technology and competitive dynamics.

In a long conversation with Al Iktissad Wal Aamal on the 4th Industrial Revolution impact on Islamic banking, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions shared his thoughts on how Islamic banking, because of the ethical aspects of Sharia, the profit and loss sharing mode, and its natural affinity with the UN’s SDGs, may be better able to ease this revolution, whether in AI, IoT, robotics, blockchain, and digitalization, in the direction of social benefit. How should the industry react in the face of today’s sweeping technological changes.

One year after the start of the novel Coronavirus pandemic worldwide, Robin Amlôt asked Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, how Covid-19 has changed the banking sector, and how has business changed for Path Solutions. Will the tumult of 2020 forever change banking?

In Part 2 of this interview, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions discusses the challenges and issues facing the Islamic financial services industry, adaptation strategies during the global pandemic, the increased role technology is now playing in accelerating the rise of the digital economy, and how Path Solutions has launched innovative solutions to help banks respond to the COVID-19 crisis.

In Part 1 of this interview, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions talks about digital transformation and the Industry 4.0 amazing capabilities leading us to experience a new phase of profound evolution in humanity and the world overall. In another place, Kateeb prides the company’s strong client-obsessed culture being the most important driver behind its success and unveils top tips and practices.

In MEA Finance’s February 2021 issue, the Group Chairman & CEO of Path Solutions, Mohammed Kateeb shares his journey from a computer scientist to entrepreneur and leader in Islamic banking technology. Kateeb believes that technology is not there for technology’s sake; it’s there to respond to clients’ needs. Path Solutions’ business is to stay ahead of the curve, by building technology that closes a gap, that makes clients more successful tomorrow than they were yesterday. Get to know better the Group Chairman & CEO of Path Solutions!

According to Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, “inevitable change afoot in the financial services industry; strategic foresight is key to navigate economic, political and financial uncertainties to achieve long-term goals”. The full interview of Mr. Kateeb with MEA Finance Magazine is available now in its October-November 2020 issue, and focuses on the GCC banking trends and the disruptive integration of mobility, AI and blockchain in the digital financial services ecosystem.

Mohammed Kateeb speaks to IBS Journal about Path Solutions’ new direction and vision 2025. He also spoke about the availability of two new sub-platforms, Path Digital and Path Intelligence which will bring tremendous value to the company’s clients in meeting their digital and intelligence ambitions. Both initiatives are complementing the iMAL Open Architecture Platform (OAP) which provides banks with significantly greater ability to communicate and to collaborate with Fintechs and other protagonists.

In an interesting interview with Financial IT Winter 2020 Issue, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions speaks about Vision 2025 and the new direction for the company. What does this commitment involve and what are the steps to implementing this transformation programme?

In an exclusive interview with IBS Journal, Mohammed Kateeb shares that, “Banking in the 21st century brings a whole new set of challenges and opportunities. The power of information technology is driving the entire Industry as never before, leading to faster, better, cost-effective and new banking services. At Path Solutions, we are working on Al in the digital channels and also in core banking, and thus we focus on providing our clients strategic differentiation and operational superiority”.

Speaking to REDmoney’s IFN publication, Mohammed Kateeb, the Group Chairman & CEO of the Number One Islamic Banking Software Provider – Path Solutions, said that the company is capitalizing on today’s digital opportunities. Path Solutions is also partnering with key players and creating startups to address some advanced financial services and helping to build the Islamic financial ecosystem.

In an exclusive Interview with INTO AFRICA, Mohammed Kateeb, Path Solutions’ Group Chairman & CEO shares that, “As pioneers and experts in Islamic banking software solutions and services, we often lead our clients by advising them on what world-class solutions look like. Our vision is to empower our clients with a powerful and innovative software platform to run their business efficiently and successfully”.

Bobsguide speaks with Mohammed Kateeb, Group Chairman and CEO of Path Solutions that featured prominently in bobsguide Rankings 2018 in the Islamic banking, ease of using the system, customer support, and modeling categories.

Mohammed Kateeb, the Group Chairman and CEO of Path Solutions, recognized as one of the ‘World’s 50 Most Influential Leaders in Islamic Economy in 2018’ in ISLAMICA 500 Guide, was interviewed by Al Bayan Economic on how the company achieves differentiation amid tough challenges in the segment, and markets becoming highly competitive, turbulent and constantly changing.

Interviewed by Al Iktissad Wal Aamal – a leading Arabic business and economic magazine – in a fireside chat, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions shares his views on the potential and role of Fintech, and how to respond to disruptive technology.

In a recent interview with IBS, the Group Chairman and CEO of Path Solutions, Mohammed Kateeb speaks about how the use of technology is evolving in the world of Islamic barking.

While speaking to ISFIRE, the Group Chairman & CEO of Path Solutions, Mohammed Kateeb highlighted the fact that Fintech innovations are currently reshaping many of the financial services, which inevitably presents a threat to traditional institutions, but also an amazing opportunity. He strongly believes that Fintechs will not make banks redundant but will speed the creation of a global financial ecosystem that many players will contribute differently.

Path Solutions’ forward-thinking attitude and its approach to core banking platforms for the Islamic finance sector has earned it industry recognition and top ranking in the IBS Islamic Sales League Table 2017. Mohammed Kateeb, the Group Chairman & CEO of the company is interviewed hereby by IBS.

For Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, the digital transformation continues to be the main driver for the financial industry, and Path Solutions is laser-focused on providing its clients with cutting-edge technologies to empower their digital transformation.

During an exclusive interview with Financial IT, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions revealed that the company spends over 30% of its revenues on R&D annually, focusing on cutting-edge technologies that empower the digital transformation such as mobility, open banking, Al, analytics, and of course Blockchain.

According to Mohammed Kateeb, the Group Chairman & CEO of Path Solutions, the Blockchain technology will change the world as we know it. “Besides, this technology is a perfect fit for Islamic finance as it allows the tracking of all the real assets that Islamic finance is based on, and ensures all documentations are not tampered with or corrupted,” he says.

Commenting on Path Solutions’ unique position in its target market, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions said, “Our brand is what differentiates us in the market place. We have developed a competitive edge by differentiating ourselves. Our clients recognize the value-added solutions and services we provide, beyond other players in the market. We have great clients who continue to trust us, see our vision, and contribute to our robust organic growth”.

Talking to Thomson Reuters, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions explained how the company has been investing heavily In Mobility, Cloud, Analytics and Artificial Intelligence, and how it has introduced new and improved BI, Risk Management, IFRS9 and Cash Management solutions characterized by flexible technical and open architecture. Kateeb also spoke about the e-channel solutions which enable Islamic financial institutions to offer the best digital open services, empower, and provide choice and convenience to their customers for managing their finances.

“The world is changing fast; the financial Industry is changing significantly and Islamic finance is no exception. Innovation continues to be a cornerstone in the development of Islamic finance”, says Mohammed Kateeb, the Group Chairman & CEO of Path Solutions to ISFIRE. He believes that fintech is necessary for the sector to maintain and grow its market share.

Due to the rapid growth of Islamic finance globally, Mohammed Kateeb, the Group Chairman & Chief Executive Officer of Path Solutions was interviewed by The Union of Arab Banks (UAB) in the July 2017 issue of the magazine, in which he spoke about the company’s pioneering role, its plans to expand its offering in Sharia-compliant software solutions to keep pace with surging demand, while highlighting significant avenues for growth particularly in Africa.

During a quick interview with Al Bayan at the World Economic Forum Dead Sea 2017, Mohammed Kateeb, Path Solutions’ Group Chairman & CEO said, “Science and technology is the solution for unemployment in the Arab World, and finding new job opportunities is now more pressing than at any other time in the past”.

As the global financial crisis brought banking glands to their knees in the West, Sharia banking innovator Path Solutions watched and waited. Now, it’s making Islamic finance work across the world as Group Chairman & CEO Mohammed Kateeb explains.

Banker Africa sat down with Mohammed Kateeb, Group Chairman & CEO of Path Solutions for a discussion on the effect technology has had on microfinance in Africa.

Fintech was the talk of the town in 2016. Mohammed Kateeb, Group Chairman & CEO of Path Solutions discussed with IFN major technological trends in the Islamic finance universe over the past year, and the trends that he foresees dominating in 2017.

Financial IT had a pleasant conversation with Mr. Mohammed Kateeb, Group Chairman & CEO of Path Solutions about Islamic finance and role of Path Solutions in the development of the Islamic finance industry.

IBS Journal catches up with Group Chairman and CEO of Path Solutions, Mohammad Kateeb, to chat about 2016 and what lies ahead.
This interview is published in the January 2017 Issue of IBS Journal in the section Feature Focus – Core Banking Systems.

In this issue of Corporate Vision, we recognise many companies in the software and technology Industry who are creating innovative solutions and products, whilst staying on top of current and future trends.
In a 60 Second Interview, Mohammed Kateeb, Path Solutions’ Group Chairman & CEO was challenged to answer a series of quickfire questions.

In a Q&A conducted by Corporate Vision with Group Chairman & CEO of Path Solutions, Mohammed Kateeb provides a compelling insight into the firm’s role as innovator in shaping the future of Islamic financial services, by empowering this industry with cutting-edge innovative software solutions.

In an interview with HWorld, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions talks about the company’s training programs, the relationships between IT vendors and clients, and the disrupting factors that are changing the financial services industry forever.

ISFIRE Volume 6 – Issue 2 published In April 2016 features Mohammed Kateeb, Group Chairman & CEO of Path Solutions on the cover page.
Islamic Finance Review conducted an exclusive interview with Mr. Kateeb to highlight the role that technology plays in business development, in addition to the company offering Sharia-compliant software solutions to the world’s leading Islamic financial institutions.

Banker Africa had the opportunity to interview Mohammed Kateeb, Group Chairman & CEO of Path Solutions who discussed several topics, including the growing business and long term planning. The one key takeaway: Path Solutions is on the right track, making big improvements in all facets of the business, from increasing R&D headcount to building innovative Islamic banking applications and expanding into new geographies, and so on. Find out how.

Islamic Business & Finance caught up with Mohammed Kateeb, Group Chairman & CEO of Path Solutions to discuss the company’s leadership role, plans and the new developments in the Islamic banking segment.

“Jack Welch is the leader who inspires me the most”, says Mohammed Kateeb while sharing his success story and humble debuts.
Highlighting his work at Path Solutions and personal interests, the company’s Group Chairman & CEO was selected to feature in the latest edition of GameChangers, the magazine for executives and business leaders who reached significant milestones in their professional journey.

In a face-to-face interview, Path Solutions’ Group Chairman & CEO Mohammed Kateeb reveals to Banker Middle East February 2016 Issue what’s holding back digital transformation and the benefits and drawbacks of cloud computing.

Path Solutions’ Group Chairman & CEO in a conversation with Al Bayan magazine talks about the company delivering the industry’s leading technologies to meet evolving market needs in the MENA region.

For the Islamic finance industry to thrive, digital innovation is imperative. In this exclusive interview in IFN Guide 2016, Mohammed Kateeb, the Group Chairman & CEO of Path Solutions examines latest banking technology trends, market outlook and reveals the firm’s strategy, aspirations and achievements.

It is imperative for the financial services industry not only to take the aid of technology, but also to stay in a continuous process of advancement.
Briefing about the functioning of the global Islamic financial services Industry, Mohammed Kateeb, Group Chairman & CEO of Path Solutions speaks with Nikita Mathew from Silicon Valley-based APAC CIOoutlook magazine.

“It’s the time for Sharia-compliant solutions on the African continent”, says Mohammed Kateeb, Group Chairman & CEO of Path Solutions. Find out more in his interview with CPI Financial “Leaders in Financial Technology” supplement of Banker Africa published in November 2015.

The following is an exclusive interview conducted by CPI Financial with Mohammed Kateeb, Group Chairman & CEO of Path Solutions, for its Banker Middle East – Leaders in Financial Technology Supplement, Issue October 2015, where Kateeb shares his valuable insights on Sharia-compliant financial technologies and how these technologies are impacting the industry as a whole.

In an interview with Business Islamica, Mohammed Kateeb, the company’s Group Chairman & CEO, explains how Path Solutions continues to be dominant player among peers, and the long term perspective for the Islamic financial services industry.

Mohammed Kateeb, Group Chairman & CEO interviewed by Global Banking & Finance Review, speaks about technologies and trends for Islamic finance in 2015, the impact of regulations on Sharia-based technologies, the company’s role in shaping this sector, and reveals plans and strategies for the coming year.

Constant progress, innovation and strategic differentiation are imperative in a competitive market.
Islamic Finance news talked with Mohammed Kateeb, Path Solutions’ Group Chairman & CEO on March 2, 2015 about the company’s Islamic core banking system, the Deloitte’s global review of Sharia compliance, the growth of Islamic finance in Africa and the company’s key offerings for this vast continent.

For Islamic banking to reach its full potential, it must first ensure that it invests substantially in technology in order to keep pace with an increasingly complex marketplace, says Path Solutions’ Group Chairman & CEO Mohammed Kateeb.