Pakistan’s BankIslami launches fully digital Shariah-compliant banking platform ‘Aik’

BankIslami Pakistan has introduced what it says is the country’s first fully digital Islamic banking platform, aiming to expand nationwide access to Shariah-compliant financial services as customer demand for mobile banking accelerates.

The platform — called Aik — was announced on Wednesday in a statement by the bank, which said the rollout marks a major step in its digital transformation strategy. BankIslami was the first Islamic bank to be licensed under Pakistan’s 2003 Islamic Banking Policy and began operations in 2006.

“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,” said Ashfaque Ahmad, the project lead. He added that Aik, meaning “one,” reflects the bank’s vision of a unified, Riba-free financial ecosystem.

The app integrates a range of core services, including digital account opening with biometric verification, instant fund transfers, bill payments, mobile top-ups and an internationally usable debit card. Additional tools, such as a Qibla direction feature, are also included.

Available on Google Play and the Apple App Store, Aik allows customers to register using their CNIC and immediately access a secure digital Islamic banking experience.