BankIslami unveils ‘aik', first digital Islamic banking solution
As one of Pakistan's leading Islamic financial institutions, BankIslami currently operates over 540 branches and offers a comprehensive suite of Shariah-compliant products. With the launch of aik, the bank is leading the way in the digital transformation of Islamic finance by establishing a dedicated, fully digital division offering Riba-free financial products for a modern, tech-savvy clientele.
'Aik translates to 'one'—a symbol of simplicity, unity, and our shared vision for an ethical, Riba-free financial future,' said Ashfaque Ahmad, Chief Officer of aik. 'This platform fulfills a critical need in Pakistan's banking landscape for a fully digital solution that aligns with Islamic principles without compromising convenience and accessibility.'
Copyright Business Recorder, 2025
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