aik by BankIslami goes cashless with Shariah QR
MG News | November 04, 2025 at 12:26 PM GMT+05:00
November 04, 2025 (MLN): In a move to accelerate the adoption of digital payments in Pakistan, aik by BankIslami is introducing a Shariah-compliant QR payments activation campaign at Creek Walk Food Street, Karachi, running from November 7 to 16, 2025.
This initiative supports the Go Cashless Economy Drive
championed by Prime Minister Shehbaz Sharif and the State Bank of
Pakistan, highlighting aik’s commitment to promoting secure, interest-free
digital banking solutions.
The campaign is designed to empower local merchants with aik
QR, a fast, secure, and Shariah-compliant digital payment solution.
Merchants can now accept digital payments seamlessly, while customers benefit
from a convenient and cashless payment experience.
“This drive is about digitizing everyday commerce right
where local entrepreneurs serve their customers,” said Ashfaque Ahmed, Chief
Officer of aik. “With this QR payment feature, merchants can accept secure
digital payments in seconds, while customers enjoy a Shariah-compliant and
cashless experience that aligns with Pakistan’s national vision.”
To further incentivize adoption, aik QR payments will
offer 50% cashback for aik and BankIslami customers and 30% cashback
for other bank customers, making digital transactions even more attractive
(terms and conditions apply).
This campaign emphasizes aik by BankIslami’s commitment
to financial inclusion, driving Shariah-compliant innovation and supporting
the broader push for a cashless economy.
By promoting secure, digital payment solutions, the bank
aims to strengthen its presence in Karachi’s vibrant retail and dining
community, while enabling merchants and customers to embrace a modern,
digital-first lifestyle.
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