Kuwait-based Path Solutions, a provider of software solutions to the Islamic banking industry, has announced that Elaf Bank had successfully deployed iMAL solution. Elaf has become the 10th bank in Bahrain whose technology is powered by iMAL.
Jamil Jaroudi, CEO of Elaf Bank, said: “The commitment and dedication we received from Path Solutions’ team on the ground and their continued support made this achievable.” Alain Abou Khalil, VP Professional Services – Path Solutions, said: “The quick deployment of iMAL at Elaf Bank is important as it demonstrates our implementation skills combined with our business know-how. Elaf Bank is fast becoming a large investment bank and we are happy to support them in their growth plans.”
Path Solutions is a global player in the Islamic banking solutions’ arena, with a customer base spread across 20 countries. The company has a strong presence in the GCC, Middle-East, South East Asia, Africa and Europe.
