WA, UNITED
STATES, March 20, 2025 /EINPresswire.com/ -- 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 on convenience and accessibility.”
The platform
seamlessly integrates essential banking features—including digital account
opening with biometric authentication, instant money transfers, secure bill
payments, mobile top-ups, and an internationally accessible debit card—with
lifestyle-enhancing functionalities such as a Qibla direction tool.
Now available
for download on Google Play and the Apple App Store, aik enables users to
register using their CNIC and instantly access a secure, fully digital Islamic
banking experience.
With aik, BankIslami is redefining Islamic banking in Pakistan by merging
modern technology with time-honored ethical principles.