Tag Archives: RibaFreeBanking

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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aik by BankIslami Named Best Shariah Compliant Digital Financial Solution at Pakistan Digital Awards 2026

aik by BankIslami Named Best Shariah Compliant Digital Financial Solution at Pakistan Digital Awards 2026

Karachi, June 06, 2026 – aik by BankIslami has been awarded the Best Shariah Compliant Digital Financial Solution at the Pakistan Digital Awards 2026. The award recognizes aik’s role in delivering a seamless, fully Shariah-compliant digital banking experience to an ever-growing base of Islamic banking users across Pakistan. In 2025, aik …

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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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