Euromoney awards BankIslami for excellence in Islamic Digital Banking
MG News | July 10, 2026 at 09:28 AM GMT+05:00
July 10, 2026 (MLN): Euromoney, a leading global benchmark
for excellence in financial services, has recognized BankIslami as Pakistan’s
Best Islamic Digital Bank.
The recognition highlights
BankIslami’s continued focus on innovation, technology-led growth, and
expanding access to Shariah-compliant banking across the country.
This accolade marks the second
consecutive year that the Bank has received recognition from Euromoney, having
previously been named Best Islamic Bank in Pakistan.
The achievement reflects the Bank’s
steady progress in strengthening its platforms, improving customer experience
and expanding access to Shariah-compliant financial services nationwide.
In early 2025, the Bank successfully
upgraded its core banking infrastructure to iMAL R-14, migrating to a
centralized, API-enabled platform and enabling over 70% of customer
interactions to be digital-first.
The Bank also deployed artificial
intelligence across its internal functions, digitizing a significant share of its
internal operations, workflows, and communications to improve efficiency.
A defining
milestone from the year was the launch of aik, Pakistan’s first fully digital Islamic banking
platform.
Designed for
digitally savvy and Shariah-conscious users, the platform offers a seamless,
mobile-first platform that reflects BankIslami’s ambition to lead the digital
transformation of Islamic finance in the country.
Speaking on the achievement, BankIslami’s President & CEO, Rizwan
Ata, commented, “Our digital transformation
is driven entirely by a promise to our customers to make Islamic banking as
seamless and accessible as possible. We see our digital capabilities as a vital
vehicle for financial inclusion, ensuring that world-class, Shariah-compliant
banking is within reach for everyone”.
"As flagbearers of Islamic
banking in the country, our responsibility goes beyond business growth, it is
about ensuring our services reach everyone," said Imran H Shaikh, Dy Chief Executive Officer of
BankIslami. "Digital is the key to true financial inclusion, and we
continue to invest in it to make Islamic banking easy to adopt for the public
at large," he added.
BankIslami
continues to lead Pakistan’s Islamic banking landscape by combining traditional
values with modern financial solutions, and by setting new benchmarks in
service, innovation, and social impact.
Press Release
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