BankIslami has launched ‘aik,’ Pakistan’s first fully-digital Islamic banking solution, designed to deliver seamless, Shariah-compliant financial services nationwide.
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 aims to lead 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.”
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. It is available for download on Google Play Store and the Apple App Store. Users can register using their CNIC and instantly access a secure, fully digital Islamic banking experience.