Aik partners with PTCL to boost secure cloud infrastructure for digital banking

News Image

MG News | October 01, 2025 at 11:31 AM GMT+05:00

October 01, 2025 (MLN): Aik, Pakistan’s first Islamic digital banking platform, has entered into a strategic partnership with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud.

Through this collaboration, PTCL will provide secure and reliable cloud infrastructure, ensuring business continuity and resilience for Aik.

The initiative is part of BankIslami’s digital-first strategy aimed at delivering seamless, Shariah-compliant, and accessible digital financial services across the country.

The agreement was signed at Aik’s headquarters in Islamabad in the presence of key leaders, including Ashfaque Ahmed, Chief Officer Aik, Waqar Ul Hassan, CIO Aik Digital, and Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G.

Ashfaque Ahmed said the partnership shows Aik’s commitment to expanding access to Islamic banking and building robust systems that meet the growing demand for Shariah-compliant financial services.

He added that the collaboration will simplify banking for customers while contributing to economic upliftment.

Asif Ahmad stated that PTCL is pleased to support Aik’s digital journey by providing secure and innovative cloud solutions.

He said PTCL is playing a key role in digitalisation efforts across Pakistan and continues to enable the corporate sector with advanced infrastructure to support economic growth.

This partnership marks a significant step in building a secure and scalable foundation for Aik’s digital banking ambitions, leveraging PTCL’s expertise in cloud services and long-standing telecom legacy.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 171,018.91
60.54M
-0.08%
-134.26
ALLSHR 103,510.57
365.90M
0.03%
33.54
KSE30 50,845.12
16.42M
-0.11%
-56.86
KMI30 243,597.80
30.32M
-0.07%
-167.86
KMIALLSHR 67,092.09
227.29M
0.01%
5.06
BKTi 47,514.79
4.20M
-0.21%
-99.92
OGTi 34,905.80
1.42M
0.15%
51.89
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 85,290.00 86,950.00
85,195.00
-1300.00
-1.50%
BRENT CRUDE 101.43 102.30
100.22
1.09
1.09%
RICHARDS BAY COAL MONTHLY 130.00 0.00
0.00
6.10
4.92%
ROTTERDAM COAL MONTHLY 138.50 0.00
0.00
1.45
1.06%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 93.07 93.84
91.75
0.70
0.76%
SUGAR #11 WORLD 18.38 18.60
18.15
0.14
0.77%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg