Tag: Faysal Bank

Faysal Bank and Waseela Pakistan sign MoU to offer fast-track Shariah-compliant financing via digital solutions under Electronic Warehouse Receipt framework, enhancing financial inclusion for farmers.

Faysal Bank has launched Pakistan’s first Co-Badge Debit Card in partnership with PayPak and Mastercard, offering secure, seamless, and globally connected payments while promoting financial inclusion and digital transformation.

Faysal Bank Limited and EFU Life Assurance Ltd have launched two innovative Takaful products, the EFU Takaful Zenith Plan and EFU Takaful WIN FitCover Plan — to promote financial growth, protection, and wellbeing for customers seeking Shariah-compliant solutions.

Faysal Bank Limited has partnered with Tapsys to launch Shariah-compliant digital acceptance solutions for SMEs across Pakistan, including POS systems and Raast QR-based payments, supporting the cashless economy vision.

Faysal Bank Limited (FBL) and its fintech partner OPay have achieved a major milestone by processing over PKR 100 billion in digital retail payments, marking Pakistan’s largest banking-fintech collaboration and accelerating cashless adoption.

A comparative review of 2024 technology, AI, and cybersecurity investments across Faysal Bank Limited, Habib Bank Limited, National Bank of Pakistan, Standard Chartered PLC, and United Bank Limited, highlighting billions in IT spending, AI integration, and strengthened cyber defenses as banks reposition technology as the foundation of competitiveness and trust.

Lucky Motor Corporation, in partnership with Faysal Bank, has launched Pakistan’s first digital dealership for Kia and Peugeot vehicles, now available on Faysal Digimall for seamless online booking and exploration.

Faysal Bank and fintech Smart1-Tech join forces to advance secure digital payments for MSMEs in Pakistan, promoting QR-based Raast solutions and accelerating the shift to a cashless economy.

Faysal Bank partners with Jubilee General Takaful to offer Noor Credit Card customers an affordable Shariah-compliant auto insurance plan with a reduced 1.5% contribution rate, valid until October 31, 2025.

Faysal Bank, through its Faysal Digimall platform, is offering a limited-time Eid promotion on select OPPO smartphones, providing discounts of up to PKR 13,000 and the benefit of 0% profit on installment plans for the first three months, aiming to make premium technology more accessible to its customers.

Faysal Bank's AI-powered platform, i-Faysal, earns the Best Generative AI Initiative award at the Global Islamic Finance Awards, marking a significant advancement in Islamic banking technology and customer service in Pakistan.

Faysal Bank has launched Raast QR payments across major Mandis in Pakistan ahead of Eid-ul-Adha 2025, offering a secure, cashless, and instant payment solution. This move supports Pakistan’s fintech growth and aligns with the State Bank's push for digital financial inclusion.