Aik, Pakistan’s first Islamic digital banking platform, has partnered with Pakistan Telecommunication Company Limited (PTCL) to strengthen its infrastructure using PTCL Smart Cloud. This collaboration aims to PTCL strengthen Pakistan’s digital banking ecosystem by providing secure and reliable cloud services.
The partnership ensures business continuity, operational resilience, and enhanced digital capabilities for Aik. As part of BankIslami’s digital-first initiative, Aik seeks to deliver end-to-end Shariah-compliant financial services that are accessible and convenient. The formal signing ceremony took place at Aik’s headquarters in Islamabad, attended by Ashfaque Ahmed, Chief Officer of Aik; Waqar Ul Hassan, CIO of Aik Digital; and Asif Ahmad, Group Chief Business Solutions Officer, PTCL & Ufone 4G.
“At Aik, we aim to expand access to Islamic banking across Pakistan and advance our mission of Saving Humanity from Riba,” said Ashfaque Ahmed. “Achieving this requires robust and scalable systems to meet growing demand. This partnership allows us to simplify banking for our customers while contributing to broader economic growth.”
Asif Ahmad of PTCL added, “We are proud to support Aik in meeting their business needs. PTCL, as a national company, continues to lead digitalization efforts across Pakistan. Partnerships like this allow PTCL to provide innovative, secure solutions that support economic growth and strengthen financial infrastructure.”
The collaboration leverages PTCL’s expertise in cloud solutions, helping Aik build a secure, scalable, and resilient digital banking platform. Experts believe that this initiative will PTCL strengthen Pakistan’s digital banking ecosystem, encouraging further adoption of digital banking services and fostering financial inclusion.
With growing demand for Shariah-compliant digital banking, this partnership marks a major step forward. It demonstrates how strategic collaborations between fintech and telecom sectors can enhance operational efficiency, customer convenience, and overall economic development.
The agreement underscores PTCL’s continuing role in advancing digital financial infrastructure while supporting innovative banking solutions across Pakistan. It highlights the potential for technology-driven growth in the country’s financial sector and reinforces efforts to PTCL strengthen Pakistan’s digital banking ecosystem.
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