Karachi, September 4, 2024 – Raqami Islamic Digital Bank Limited (RIDBL) has taken a significant step in its commitment to information security by entering into a strategic partnership with Risk Associates, a leading accredited management systems certification body. This collaboration is aimed at achieving ISO/IEC 27001:2022 compliance, further underscoring Raqami Bank’s dedication to maintaining the […]
Karachi, Pakistan, 19 July 2024: Raqami Islamic Digital Bank Pakistan, a visionary digital financial institution, and Paysys Labs Pvt Ltd, a leading payment technology provider, today announced a strategic partnership to transform Pakistan’s digital payments landscape. The collaboration aims to develop an innovative digital payment solution integrating real-time payment systems such as RAAST. Paysys Labs, […]
Karachi, Pakistan – Raqami Islamic Digital Bank, an emerging leader in Islamic digital banking in Pakistan, has chosen BenchMatrix’s proprietary RiskNucleus®️ solution for its Anti-Money Laundering (AML) transaction monitoring. This decision marks a significant step forward in leveraging advanced technology and automation for enhanced financial crime detection. RiskNucleus®️, developed by BenchMatrix, is a comprehensive platform […]
In a strategic move to bolster its credit enquiry capabilities, Raqami Islamic Digital Bank has signed a basic agreement with Tasdeeq. This partnership is set to leverage Tasdeeq’s extensive database and alternative credit data sources, including power, gas, and water usage, to deliver significant value to the banking industry, particularly digital banks. Tasdeeq’s innovative approach […]
Raqami Islamic Digital Bank Ltd. (RIDBL), one of the leading contenders for the digital retail bank license under Pakistan’s 2022 Licensing and Regulatory Framework for Digital Banks, proudly announces a strategic partnership with 1LINK, the nation’s largest Payment Service Provider and Payment Service Operator. The partnership was formalized during a signing ceremony at the 1LINK […]
Islamabad, Pakistan – May 13, 2024 In a groundbreaking move set to redefine the banking landscape in Pakistan, U Microfinance Bank (U Bank) and Raqami Islamic Digital Bank Ltd. (RIDBL) have announced a strategic interoperable partnership. This collaboration aims to provide branch banking services to RIDBL customers through U Bank’s extensive network, marking a significant […]