Tag: Islamic Banking

Roshan Digital Account Inflows Rise to $205 Million in October 2025, Reflecting Steady Overseas Investor Confidence

Pakistan’s Roshan Digital Account (RDA) initiative recorded $205 million in gross inflows in October 2025, signaling sustained investor confidence from overseas Pakistanis and continued growth in digital banking and investment channels.

MCB Islamic Bank Launches Seven Shari’ah-Compliant Visa Debit Cards to Enhance Digital Payment Solutions

MCB Islamic Bank has partnered with Visa to launch seven tailored Shari’ah-compliant Visa Debit Cards, providing customers with enhanced convenience, global acceptance, and advanced digital payment solutions.

Meezan Bank Expands Strategic Partnership With Visa to Strengthen Shariah-Compliant Digital Payments and Premium Debit Card Portfolio

Meezan Bank has renewed and expanded its strategic partnership with Visa to enhance its Shariah-compliant debit card portfolio and introduce premium lifestyle-focused digital payment products, strengthening customer experience and reinforcing its leadership in Pakistan’s digital Islamic banking sector.

How Mashreq NEOBIZ is Transforming SME Banking Through Digital Innovation in Pakistan

Mashreq NEOBIZ is redefining business banking in Pakistan with a digital-first, paperless platform designed specifically for SMEs and entrepreneurs. Focused on accessibility, inclusion, and innovation, NEOBIZ aims to empower Pakistan’s 5.2 million small businesses by offering smarter, faster, and more relevant banking solutions.

TMC and Azentio Partner to Advance Next-Gen Islamic Banking in Pakistan

TallyMarks Consulting (TMC) has partnered with Azentio to accelerate Pakistan’s Islamic banking transformation through Shariah-compliant digital solutions, aligning with the SBP’s roadmap for innovation and regulatory compliance.

Eocean and Meezan Bank Introduce WhatsApp Banking via CPaaS Platform at Tech Carnival 2025

Eocean and Meezan Bank have partnered to launch Pakistan’s first WhatsApp Banking service, powered by Eocean’s CPaaS platform. The partnership, unveiled at Eocean Tech Carnival 2025, enables secure and personalized digital banking experiences for customers nationwide.

Faysal Bank rolls out low-cost Jubilee Takaful car insurance for Noor Credit Card users

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’s i-Faysal Wins Best Generative AI Initiative at Global Islamic Finance Awards

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.

Pakistan’s Silkbank Enhances Conventional and Islamic Business Lines

Pakistan’s Silkbank enhances conventional and Islamic business lines with Temenos T24 Core Banking upgradeSilkbank upgrade will improve the user...