Last year, Usama Sheikh, a visionary in digital transformation, successfully led the launch of BankIslami’s Foreign Currency (FCY) Debit Card, a groundbreaking product that achieved immense success. He’s reached another significant milestone by launching the Biometric Verification Application for Nadra Verification. This state-of-the-art solution enhances security, streamlines customer verification processes, and reflects the bank’s commitment […]
BankIslami Launches Inclusive Riba-Free Banking Initiative, Promotes Ethical Financial Solutions for All
Karachi: BankIslami, one of Pakistan’s leading Islamic financial institutions, has announced a groundbreaking campaign to promote its riba-free (interest-free) banking services, targeting individuals from all backgrounds and faiths. This initiative underscores BankIslami’s dedication to providing ethical and inclusive banking options, accessible to everyone regardless of religious affiliation. The move aligns with the bank’s mission of […]
JS Bank and BankIslami partners to expand Home Remittance Payouts
Karachi: In a significant move to bolster home remittance services across Pakistan, JS Bank and BankIslami have announced a strategic partnership aimed at expanding secure and convenient remittance payouts nationwide. The collaboration combines the strengths and extensive retail networks of both institutions, promising improved accessibility and service for remittance beneficiaries. Under the partnership, JS Bank […]
BankIslami Partners with Euronet Pakistan to Enhance Card Issuance and Drive Digital Transformation
Karachi, Pakistan – BankIslami Pakistan Limited, a leading Islamic bank in the country, has announced a strategic collaboration with Euronet Pakistan, a division of the US-based Euronet Worldwide (NASDAQ: EEFT), a global leader in payment processing and transaction services. The partnership aims to enhance BankIslami’s Debit Cards and ATM driving services, introduce innovative payment products, […]
BankIslami Pakistan Posts Rs. 3.2 Billion Profit (after tax) in 3 Months (Q1-2024)
BankIslami Reports Impressive Financial Performance in Q1 2024 In a testament to its financial resilience and strategic prowess, BankIslami has announced stellar financial results for the first quarter of 2024, with a remarkable surge in profit before tax. Despite facing challenging market conditions, the bank achieved a profit before tax of PKR 6.3 billion, marking […]