Mashreq Bank Pakistan Receives AA Long-Term Rating with Stable Outlook from PACRA
Mashreq Bank Pakistan Limited earns AA (Long Term) and A1 (Short Term) ratings from PACRA, reflecting strong sponsor support, robust digital infrastructure, and solid capital base, signaling confidence in the bank’s growth and stability.
BankIslami Introduces aikPay, Enabling Shariah-Compliant Raast QR Payments in Pakistan
BankIslami launches aikPay, Pakistan’s first Shariah-compliant Raast-enabled QR payment gateway, offering instant, secure, and Riba-free digital transactions for customers and merchants.
Raqami Islamic Digital Bank to Invest $100M for SME-Focused Digital Banking in Pakistan
Raqami Islamic Digital Bank, backed by Kuwait Investment Authority, plans to invest $100 million over five years as it prepares to launch SME- and freelancer-focused digital banking services in February.
Mobilink Bank Achieves ISO/IEC 27001:2022 Certification for Data Security
Pakistan’s digital microfinance bank Mobilink Bank has received ISO/IEC 27001:2022 certification, reinforcing its commitment to global information security standards, cyber resilience and customer data protection.
SBP Governor Highlights Human Oversight in AI-Powered Islamic Finance for Financial Inclusion
State Bank of Pakistan Governor Jameel Ahmad emphasizes human judgment in AI-based banking decisions while promoting digital innovation to expand Islamic finance and financial inclusion.
SBP Governor Urges Human Judgment in AI-Driven Banking Decisions
SBP Governor Jameel Ahmad stresses the importance of human oversight in AI-driven banking decisions, highlighting digital payments growth and Shariah-aligned innovation at AlBaraka Forum Pakistan 2026.
SadaPay Brings in Nadeem Hussain as Strategic Advisor to Shape Pakistan’s Digital Banking Future
SadaPay has appointed veteran banker Nadeem Hussain as a strategic advisor to guide its growth strategy, partnerships, and governance as the fintech scales operations in Pakistan.
Al Baraka Bank Pakistan Launches Digital Hub and Digital Auto Finance to Drive Islamic Banking Innovation
Al Baraka Bank Pakistan has inaugurated its Digital Hub and introduced Digital Auto Finance, strengthening its digital transformation strategy and expanding Shariah-compliant financial solutions for customers across Pakistan.
TouchPoint’s Cadepo Meets SBP Regulatory Standards for Cash Deposit Machines
TouchPoint’s Cadepo Cash and Cheque Deposit Solution meets the State Bank of Pakistan’s regulatory benchmark for CDMs, strengthening digital banking and cash management infrastructure.
PTCL Approves Rs15bn Capital Injection for U Microfinance Bank’s Digital Growth
PTCL Group has approved a Rs15 billion capital injection into U Microfinance Bank to support digital banking expansion, financial inclusion, and new product development across Pakistan.