Tag: Raqami Islamic Digital Bank

Raqami Islamic Digital Bank Limited achieves AA/A1 ratings from VIS Credit Rating Company signaling strong stability for Pakistans first Shariah compliant digital retail bank.

The Securities and Exchange Commission of Pakistan (SECP) has partnered with Mobilink Microfinance Bank, Easypaisa Bank, and Raqami Islamic Digital Bank to facilitate same-day corporate account opening for newly registered companies. This initiative, aligned with SECP’s “Paper to Platform” vision, aims to promote ease of doing business, financial inclusion, and a startup-friendly digital ecosystem in Pakistan.

Visa has partnered with Raqami Islamic Digital Bank, Pakistan’s first Islamic digital retail bank, to launch a secure, Shariah-compliant card portfolio aimed at expanding financial access for underserved communities through a mobile-first, digital banking platform.

Raqami Islamic Digital Bank, Pakistan's pioneering Islamic digital retail bank, has partnered with Visa to launch its card portfolio, aiming to provide secure, Shariah-compliant, and digitally-first payment solutions to Pakistan's underserved populations and advance financial inclusion across the nation.

Raqami Islamic Digital Bank, built on Codebase Technologies’ Digibanc platform, pilots Pakistan’s first fully digital Shariah-compliant retail bank, advancing financial inclusion and digital transformation aligned with the State Bank of Pakistan’s 2028 vision.

Codebase Technologies enables the pilot launch of Raqami Islamic Digital Bank, Pakistan’s first fully Shariah-compliant digital retail bank, leveraging its Digibanc platform to drive financial inclusion and digital innovation.