BankIslami has announced significant enhancements to its pioneering digital Islamic banking platform, ‘aik,’ reinforcing its commitment to delivering truly Riba-free banking solutions across Pakistan. Designed to offer a seamless, user-friendly digital banking experience, the upgraded platform combines advanced technology with Islamic finance principles, allowing customers to conduct their banking efficiently while adhering to Shariah guidelines.
The revamped aik platform now features enhanced system capabilities, intuitive navigation, and innovative tools that aim to improve accessibility for all users. Customers can open current and Bachat (saving) accounts instantly using their smartphones, requiring only a few clicks, which underscores the platform’s focus on convenience and financial inclusion. By simplifying account opening and day-to-day banking processes, aik seeks to empower a wide range of customer segments across Pakistan, from urban professionals to underserved communities.
In alignment with the State Bank of Pakistan’s “Go Cashless” initiative, the aik application has integrated Raast QR payments, enabling Shariah-compliant digital transactions for micro and small merchants (SMEs). This development supports Pakistan’s growing cashless economy and demonstrates how BankIslami is leveraging digital innovation to promote accessible and ethical banking solutions nationwide.
Beyond traditional banking functions, aik is evolving into a comprehensive Islamic lifestyle application. The newly introduced ‘aik Deen’ module enriches the customer experience with features such as Azaan alerts, a digital Quran, Islamic calendar, Qibla compass, Hadith and Ayat notifications, and live streaming from Makkah and Madinah. These additions position aik as not just a financial tool but a holistic lifestyle companion for customers seeking to integrate Islamic practices into their daily lives.
Additional digital conveniences, including bill splitting, gifting money, referral rewards, and invite-and-earn programs, further enhance user engagement and provide modern benefits that align with contemporary banking needs. These features make banking simpler, rewarding, and more interactive for customers while promoting financial literacy and participation in the digital economy.
Commenting on the upgrade, Ashfaque Ahmed, Chief Officer of aik, stated: “As digital adoption accelerates, we continue to innovate with purpose. This upgrade positions aik as more than a banking app—it is a lifestyle companion for customers seeking a Shariah-compliant way of life.”
Rizwan Ata, President & CEO of BankIslami, emphasized the broader vision: “At BankIslami, we believe that a society free from Riba can only be achieved when Islamic banking is effortless, accessible, and trusted by all. By strengthening our digital platform, we are empowering every Pakistani with a modern, Shariah-compliant alternative, taking a meaningful step toward our mission of ‘Saving Humanity from Riba’.”
With these enhancements, aik continues to combine modern technology with Islamic values, making Shariah-compliant banking simple, accessible, and relevant for current and future generations. By bridging ethical finance with digital convenience, BankIslami is redefining Islamic banking, reinforcing its commitment to financial inclusion, and establishing aik as a benchmark for digital Islamic banking solutions in Pakistan.
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