23-07-2025
- Business
- Business Recorder
BankIslami unveils ‘aik', first digital Islamic banking solution
KARACHI: In a significant move toward the future of Islamic finance, BankIslami has launched 'aik', Pakistan's first fully digital Islamic banking solution. Designed to deliver seamless, Shariah-compliant financial services nationwide, aik marks a major step in the digital evolution of ethical banking.
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
