Path Solutions, a Kuwait-based leading IT provider to the Islamic financial marketplace, has become a member of CIBAFI, the General Council for Islamic Banks and Financial Institutions.
CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC), was founded in 2001 and is headquartered in the Kingdom of Bahrain.
The focus of CIBAFI is to protect and promote the Islamic financial services industry, as well as to encourage entities with similar interests to work together to meet global objectives.
CIBAFI represents nearly 120 members within 30 jurisdictions and is recognized globally as the director of the Islamic financial sector. Council members represent a variety of key financial businesses, global intergovernmental organizations and professional firms.
The recently announced membership of Path Solutions with CIBAFI will open the door for the company to partner with the highly regarded institution in working toward the betterment and growth of the Islamic financial services sector.
Lastly, the membership will further cement the alignment of Path Solutions’ Islamic software resolutions and services with Sharia guidelines.