Karachi: BankIslami has launched its fully homegrown Finance Origination and Credit Underwriting System (FOCUS), a new platform aimed at digitalising and accelerating the customer financing journey through AI-driven automation.
The platform reengineers the bank’s credit underwriting process from initiation to disbursement, replacing manual procedures with a standardised and automated framework implemented across all branches. According to the bank, FOCUS enhances the quality and consistency of credit decisions while significantly reducing turnaround times.
Developed entirely by BankIslami’s in-house team, the launch marks a major financial and strategic milestone for the bank. By eliminating reliance on external vendors for software licensing, customisation, and maintenance, the bank expects to achieve greater operational efficiency and cost optimisation.
“At BankIslami, our customers remain the center of every action and innovation. With this launch, we aim to simplify the customer financing journey,” said Rizwan Ata, President and CEO of BankIslami.
“For us, FOCUS is more than a technology upgrade. It is a statement of what our people are capable of building when the mission is as noble as Saving Humanity from Riba,” he added.
The deployment of FOCUS further strengthens BankIslami’s growing portfolio of digital and operational transformation initiatives, as the bank continues to expand its network and enhance its service offerings in line with its mission of “Saving Humanity from Riba.”
