Friday, June 18, 2021
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News FlashSoneri Mustaqeem picks Path Solutions

Soneri Mustaqeem picks Path Solutions

Soneri Mustaqeem, the Islamic banking arm of Soneri Bank, has implemented Path Solutions’s iMAL profit calculation system to enhance the bank’s governance, accountability and transparency in its daily Islamic financial operations.

On the solution, Mohammed Kateeb, the group chairman and CEO of Path Solutions, shared: “This modern Islamic solution enables the bank to manage multi-currency and segment pools coupled with highly customizable data-driven models for deeper visibility into the risk-return profile of the banking portfolios. This extensive automation across business processes will enable the bank to drive operational excellence while enhancing customer experience”.

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