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Islamic Finance Briefing - Categorized | Banking, Finance, Market Moves more

Noor Islamic Finance selects iMAL for Islamic banking

Posted on 16 March 2009

From Theasianbanker.com: Kuwait-based banking software solutions provider Path Solutions said it has signed an agreement with Noor Islamic Finance Co. in Abu Dhabi for the provision of iMAL for their start-up operations.

The significance of the deal is twofold: Noor Islamic Finance Co. - partially owned by Noor Capital PSC of Abu Dhabi and GulfCap of Dubai - has big plans to expand in the Middle East and Africa. And winning this deal reasserts Path Solutions’ position in automating Islamic finance companies….. Full Article: Source

 
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