Bank Sohar, Oman’s most youthful and dynamic banking institution and Path Solutions, a global provider of software solutions to the Islamic financial services industry announced that they have inked pact at a signing ceremony in Muscat, Oman. As per the deal, Path Solutions’ pioneering Islamic banking system iMAL will be implemented at Bank Sohar to assist the bank extend Islamic banking services.
Bank Sohar selected Path Solutions after evaluating several software solutions providers. Bank Sohar has become the fourth bank in the Sultanate of Oman to adopt Path Solutions’ iMAL system reaffirming Path Solutions’ position as a leading banking and financial software powerhouse in the region. (Press Release)