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June 2, 2025
BankIslami Named Best Islamic Bank in Pakistan at Euromoney Islamic Finance Awards 2025

BankIslami has been named the Best Islamic Bank in Pakistan at the Euromoney Islamic Finance Awards 2025, a leading global benchmark for excellence in financial services. The award highlights BankIslami’s commitment to its mission of Saving Humanity from Riba (interest) and its leadership in Pakistan’s fast-growing Islamic finance sector. The Euromoney Islamic Finance Awards, now...

May 14, 2025
BankIslami and Sindh Enterprise Development Fund Join Hands to Promote SME Financing Across Sindh

BankIslami has partnered with the Sindh Enterprise Development Fund (SEDF) to promote and expand financing opportunities for small and medium enterprises (SMEs) across Sindh. Under this collaboration, both institutions aim to enhance financial access for SMEs. SEDF will offer financial incentives, including KIBOR-based profit subsidies, while BankIslami will provide tailored business financing to support the...

BankIslami Acquires Landmark Altitude Tower – Pakistan’s Tallest Bank Office

BankIslami, one of Pakistan’s fastest-growing Islamic financial institutions, has acquired the 32-storey Altitude Tower in Karachi to serve as its new national headquarters. This acquisition reflects the Bank’s expanding footprint, strong financial performance, and long-term commitment to scaling innovation and operational excellence in Islamic banking. The Altitude Tower—Pakistan’s tallest bank-owned office premises—will centralize the Bank’s...

April 24, 2025
Shariah Compliance Key to Sustainable Crypto Regulation in Pakistan

In March, the country launched the Pakistan Crypto Council (PCC) to foster innovation in the sector and establish a regulatory framework that protects investors and the financial system. Recently, Islamabad introduced its strategy to regulate virtual assets, aligning with the Financial Action Task Force’s guidelines. “At BankIslami, we recognise the transformative potential of blockchain technology...

April 22, 2025
BankIslami Reports PKR 5.49 Billion Profit in Q1’25, Launches Pakistan’s First Islamic Digital Banking Experience ‘aik’

BankIslami, one of the country’s fastest-growing Islamic financial institutions, announced its financial results for the first quarter ended March 31, 2025. The Bank reported a Profit before Tax (PBT) of PKR 5.49 billion, 6.3% growth in total income and a significant 98% increase in non-fund-based income from same period last year, reflecting a strong start to...

April 17, 2025
BankIslami Drives Financial Empowerment during Pakistan Financial Literacy Week 2025

In collaboration with the State Bank of Pakistan, BankIslami participated in Financial Literacy Week 2025. Through various initiatives, BankIslami promoted financial literacy and raised awareness about financial inclusion and its significance, while reinforcing its mission to advance Islamic banking in the country and save humanity from riba. The week began with financial literacy camps across...

March 19, 2025
BankIslami Unveils ‘aik’: Pakistan’s First Fully Digital Islamic Banking Solution

In a significant move toward the future of Islamic finance, BankIslami has launched ‘aik’, Pakistan’s first fully digital Islamic banking solution. Designed to deliver seamless, Shariah-compliant financial services nationwide, aik marks a major step in the digital evolution of ethical banking. As one of Pakistan’s leading Islamic financial institutions, BankIslami currently operates over 540 branches...

March 7, 2025
BankIslami takes a Leap Toward Gender Equality with its First All-Women-Managed Branch

BankIslami has launched its first fully women-managed branch in Karachi to promote gender equality in the workplace. The branch, operated entirely by female employees, is an initiative aimed at empowering women as both professionals and customers in Pakistan’s financial sector. This launch also reinforces the Bank’s mission of “Saving Humanity from Riba”, a vision rooted...

March 5, 2025
BankIslami Enhances Digital Capabilities with iMAL R14 Upgrade

BankIslami Pakistan has completed a strategic upgrade to Azentio’s iMAL R14 core banking system, a move aimed at bolstering automation, regulatory compliance, and digital banking capabilities. The transition is expected to enhance transaction speed and security while reinforcing the bank’s standing as a leading Shariah-compliant financial institution in Pakistan. The upgrade aligns with BankIslami’s broader...

February 28, 2025
BankIslami Delivers Record 24% Surge in Profit, Strengthens Market Position with Expansion and Digital Transformation

BankIslami has posted a record-breaking 24.4% rise in pre-tax profit to Rs. 25.5 billion for the year ending December 31, 2024, reinforcing its stature in Pakistan’s Islamic banking sector. Despite economic volatility and shifting regulatory conditions, net profit rose 7.1% to Rs. 11.8 billion. Upholding its mission of “Saving Humanity from Riba,” the Bank announced...

January 21, 2025
BankIslami Pakistan Honored as ‘Best Islamic Trustee’ at IFN Best Banks Poll 2024

The IFN Best Banks Poll, now in its 20th edition, introduced the “Best Islamic Trustee” category this year, acknowledging the critical role of trustee and custodial services in the Islamic finance ecosystem. BankIslami secured the top position in a highly competitive category, with Maybank and Standard Chartered Bank named as runner-ups. This year’s poll attracted...

January 7, 2025
Celebrating Sweet Success

Tune into a special episode of podcast ‘Celebrating Sweet Success,’ featuring Imran H Shaikh, Dy Chief Executive Officer, as he shares his thoughts and experiences. He is a proud alumnus of IoBM, BBA-2005. Watch the full podcast here: https://youtu.be/JWzHJ4fnzyg?si=4iMOUjlhcBPbgx0X

November 27, 2024
Is Islamic Banking the Future of Finance?

An insightful session with Ashfaque Ahmed, Chief Information Officer, on ProPakistani’s podcast ‘How Does It Work?’ titled ‘Is Islamic Banking the Future of Finance?’ Explore the transformative potential of Islamic banking in this engaging discussion! Watch the full podcast here: https://www.youtube.com/watch?v=egCXpfeLDBg

November 20, 2024
BankIslami Celebrates Women Entrepreneurship Day along with State Bank of Pakistan (SBP)

BankIslami, a leading Islamic bank in Pakistan, recently celebrated Women Entrepreneurship Day at its branches across the country along with the State Bank of Pakistan. The celebrations were marked by the strong presence of senior women officials from the apex bank, many of whom commended the BankIslami on its initiative for the promotion of women’s...

November 12, 2024
BankIslami Launches New Mobile App, Setting New Standards in Secure and Accessible Banking

BankIslami, one of Pakistan’s top Islamic banks, has introduced its redesigned mobile app, aiming to elevate the mobile banking experience with state-of-the-art security and user-friendly features tailored for customers across Pakistan. This upgraded app makes banking more accessible and convenient, empowering users to manage their finances with ease and confidence. The new app brings powerful...

November 8, 2024
BankIslami Leaders Highlight Path to Financial Inclusion at The Future Summit

BankIslami Pakistan Limited, a leading force in the country’s Islamic banking sector, took center stage at the 8th Edition of The Future Summit, held on November 6-7, 2024, in Karachi, with its leadership offering key insights on the evolving role of financial institutions in Pakistan’s economy. The Future Summit featured notable figures, including Senator Muhammad...

November 7, 2024
Riba-free banking services: BankIslami launches significant initiative

KARACHI: BankIslami, a leading Islamic financial institution in Pakistan, has launched a significant initiative to promote its riba-free (interest-free) banking services to individuals of diverse backgrounds and faiths underscoring the bank’s commitment to ethical and inclusive banking practices.   Riba, or interest, is prohibited in many religions due to its perceived unjust nature. By offering...

October 19, 2024
BankIslami aims to redefine Pakistan’s financial landscape with Riba-free banking for all

BankIslami, one of Pakistan’s top Islamic financial institutions, has launched an initiative to make its riba-free banking services more accessible to people of all faiths and backgrounds.   The initiative underscores the bank’s commitment to advancing ethical and inclusive banking within the country’s financial system, in line with Shariah principles and social responsibility. Riba, or...

October 16, 2024
سود سے پاک بینکاری: پاکستان میں مالیاتی شمولیت اور شفافیت کا راستہ

سود سے پاک بینکاری محض سود سے بچنے کے بارے میں نہیں ہے۔ یہ ایک از سر نواورجامع تصور ہے کہ فنانس کس طرح ہر ایک کے لیے زیادہ منصفانہ اور شمولیتی ہوسکتا ہے۔ سود سے پاک بینکاری کا نظام لازمی طور پر مشترکہ خطرات ، اثاثوں پر مبنی لین دین ، اور اخلاقی شراکت...

October 15, 2024
Riba-Free Banking: A Path to Financial Inclusivity and Fairness in Pakistan

In today’s rapidly changing financial landscape, the demand for banking systems that reflect ethical principles is steadily growing. Conventional models, particularly those based on interest, have raised questions about fairness and transparency, leading many to seek alternatives that better align with their values. This shift has drawn attention to Islamic banking, a system built on...

October 12, 2024
Importance of riba-free banking for a developing country like Pakistan

Riba-free (interest-free) banking is a key principle of Islamic finance, which prohibits interest on loans, viewing it as exploitative and unjust. Instead, it emphasizes risk-sharing, ethical investments, and economic justice. For a developing country like Pakistan, adopting a riba-free banking system can provide a range of economic and social benefits. With a growing Islamic banking...

October 11, 2024
BankIslami Strengthens its National Footprint with ‘500 Branches’ Milestone

BankIslami Pakistan Limited, a leading financial institution, announces a significant milestone of strengthening its presence with the opening of its 500th branch in Nankana Sahib. This achievement reflects the bank’s unwavering commitment to delivering equal services, exceptional customer care, ensuring complete financial security, upholding the core principles of the Islamic Financial System, and enhancing accessibility...

August 27, 2024
BankIslami’s Profit Before Tax Surged by 66.2% for The First Half of 2024

BankIslami continues its growth trajectory, delivering substantial returns to its shareholders with a remarkable 66.2% increase in profit before tax for the half-year ended 2024. The Bank’s profit before tax reached Rs. 13.8 billion, while its post-tax profit surged to Rs. 7.1 billion, reflecting a robust 32.1% growth. Despite challenging market conditions, BankIslami remains steadfast...

June 12, 2024
BankIslami Launches Exclusive Priority Banking Lounge

BankIslami Launches Exclusive Priority Banking Lounge   BankIslami Launches Exclusive Priority Banking Lounge for Freelancers and IT Exporters as Free Workspace to Enhance Collaboration & Networking.” BankIslami, a leading financial institution, is proud to announce the opening of its exclusive Priority Banking lounge for Freelancers and IT Exporters a cost-free workspace. This initiative aims to provide a pleasant...

April 27, 2024
BankIslami Achieves Remarkable Financial Results of PKR 6.3 Billion Before Tax Profit in Q1 2024!

BankIslami Achieves Remarkable Financial Results of PKR 6.3 Billion Before Tax Profit in Q1 2024!   Maintaining its growth momentum, BankIslami delivered an impressive return for its shareholders, with a remarkable 99% surge in its profit before tax for the first quarter of 2024. The Bank’s profit before tax reached Rs. 6.3 billion, with a...

April 2, 2024
BankIslami Hosts Iftar Dinner for Differently Abled Individuals at Dar-ul-Sukun

BankIslami Hosts Iftar Dinner for Differently Abled Individuals at Dar-ul-Sukun   BankIslami recently organized an Iftar dinner at Dar-ul-Sukun, extending its warmth to differently-abled children and senior citizens. This event, held in the Holy month of Ramadan, emphasized the bank’s unwavering dedication to foster joy and inclusivity. The event featured lively activities, such as henna...

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