Pakistan Center of Excellence and landmark for Path Solutions

Pakistan, famed for hosting among its people the most talented resources in the Islamic Finance and Information Communication Technology sectors, is an ideal environment to develop Islamic banking.

Pakistan, famed for hosting among its people the most talented resources in the Islamic Finance and Information Communication Technology sectors, is an ideal environment to develop Islamic banking. “Pakistan has shown high commitment and dedication to Islamic finance; our market studies show that the annual growth of Islamic banks in Pakistan will double by 2013; thus Pakistan became the first choice in Path’s expansion plan”, commented Naji Moukadam, Path Solutions’ President, during the office inauguration reception that took place in Karachi on May 6th, 2009. “We are not only opening a support office in Karachi to serve our existing clients, but rather a new resource hub that will cater to all our clients in South Asia, the Middle East and Europe”. “We have great faith in the Pakistani level of expertise in both information technology and Islamic banking and finance”; he then added: “our aim is to boost the service level for the banks in Pakistan, assist our banks whether local or international in the product engineering through our business analysts and subject matter experts, innovate solutions and tools to match the new market trends, promote diversity and innovation in products and services”. Path Solutions has 16 years of market experience using unrivalled software implementation expertise at forward-thinking banks and financial institutions. Path Solutions’ strong market share is testament to its ability to maintain technology advantage. The company is now present in 17 countries around the world and plans to shortly add Central and Eastern Europe to its network. Link: http://www.cibafi.org/NewsCenter/English/Details.aspx?Id=3725&Cat=0