Tag Archives: BankIslami

BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services

BankIslami Launches BIPL Exchange to Expand Shariah-Compliant Financial Services

KARACHI, June 19, 2026: BankIslami has launched BIPL Exchange Company (Private) Limited, its wholly owned currency exchange subsidiary. As a result, the bank has expanded its financial services and strengthened Pakistan’s Riba-free financial ecosystem. BIPL Exchange began operations with the inauguration of its first branch. JS Group Founder Jahangir Siddiqui …

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BankIslami Partners with Al-Hilal Shariah Advisors to Strengthen Shariah Compliance Using Data Analytics

BankIslami Partners with Al-Hilal Shariah Advisors to Strengthen Shariah Compliance Using Data Analytics

Karachi, June 17, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has signed a Technical Services Agreement with Al-Hilal Shariah Advisors. Through this deal, both institutions aim to enhance Shariah screening and equity monitoring through data-driven tools. Under the agreement, Al-Hilal Shariah Advisors will provide technical support for screening listed …

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BankIslami Launches FOCUS Financing Platform

BankIslami launches FOCUS – a credit and financing platform for faster, seamless customer experience

Karachi, May 25, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic banks, has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a platform designed to digitalize and accelerate the customer financing journey.Leveraging AI-driven automation, FOCUS reengineers the Bank’s credit underwriting process from initiation to disbursement. The platform replaces …

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aik by BankIslami Brings Raast QR Payments to Cattle Markets Ahead of Eid-ul-Azha 2026

aik by BankIslami Brings Raast QR Payments to Cattle Markets Ahead of Eid-ul-Azha 2026

KARACHI, May 20, 2026: aik by BankIslami has introduced Raast QR payments in cattle markets across Pakistan ahead of Eid-ul-Azha 2026. The initiative supports the State Bank of Pakistan’s Go-Cashless campaign and aims to digitize traditionally cash-heavy marketplaces. As a result, buyers and merchants can now complete transactions more easily …

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BankIslami and EXIM Bank Sign Pakistan’s First Shariah-Compliant Trade and Export Finance Partnership

BankIslami and EXIM Bank Sign Pakistan's First Shariah-Compliant Trade and Export Finance Partnership

KARACHI, May 14, 2026: BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, signed a Memorandum of Understanding (MoU) with the Export-Import Bank of Pakistan (EXIM Bank). With this step, both institutions launched Pakistan’s first Shariah-compliant trade and export finance partnership of its kind. Moreover, the collaboration aims to strengthen the …

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BankIslami, aik Join Paklaunch to Drive Dialogue on Fintech, AI at UNConference ‘26

BankIslami, aik Join Paklaunch to Drive Dialogue on Fintech, AI at UNConference ‘26

Karachi, May 06, 2026 –: BankIslami and its digital banking platform- aik, partnered with Paklaunch for the 8th edition of its flagship event, UNConference ‘26. The two-day summit gathered a select group of founders, investors, and policymakers to discuss the trajectory of Pakistan’s startup ecosystem, with a particular focus on Fintech, artificial intelligence, …

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