Positive Facilities or Ejabiah in Saudi Arabia Awards Core Banking System Contract to Islamic Software Provider Path Solutions
The newly formed financing firm in Saudi Arabia, Positive Facilities Co. Ltd. (Ejabiah), has reportedly entered an agreement with Path Solutions for the introduction of its interest-free Core banking platform. Ejabiah will be providing a unique 0% interest financing product, which is somewhat similar to… Read More
Read more in: Fintech, Asia | Tagged Islamic Banking, lending, mena, mena region, middle east, open banking, path solutions, SAMA, saudi arabia, saudi central bank, sharia-compliant, small businesses, smbs, sme's