Aik Digital Banking has taken a major step forward by partnering with Pakistan Telecommunication Company Limited (PTCL) to strengthen its infrastructure using PTCL Smart Cloud services. This collaboration not only enhances security and reliability but also positions Aik Digital Banking as a pioneering force in expanding Islamic finance through cutting-edge technology.
Aik Digital Banking Strengthens Infrastructure with PTCL
The agreement was formalized at a signing ceremony held at Aik’s headquarters in Islamabad. Present during the event were Ashfaque Ahmed, Chief Officer of Aik, Waqar Ul Hassan, CIO Aik Digital, and Asif Ahmad, Group Chief Business Solutions Officer at PTCL & Ufone 4G.
Through this partnership, PTCL will deliver secure cloud infrastructure to Aik Digital Banking, ensuring business continuity and resilience. This will allow the platform to serve a growing base of customers seeking Shariah-compliant banking solutions in a safe, reliable, and efficient environment.
Expanding Access to Islamic Banking in Pakistan
Aik Digital Banking was established under BankIslami’s digital-first initiative to make financial services more accessible and user-friendly. The platform aims to revolutionize how customers engage with Islamic banking by providing end-to-end services through digital channels.
Ashfaque Ahmed, Chief Officer of Aik Digital Banking, highlighted the mission during the signing ceremony. He explained that Aik is “driven by the purpose of expanding access to Islamic banking across the country and advancing the mission of saving humanity from Riba.” He emphasized the importance of scalable systems and networks to meet the growing demand for Shariah-compliant financial solutions.
This vision aligns with the rising popularity of Islamic banking in Pakistan. According to the State Bank of Pakistan’s 2024 Islamic Banking Bulletin, the sector has crossed 20% of total banking assets in the country, a significant milestone reflecting growing consumer confidence in Shariah-compliant financial products.
PTCL’s Role in Supporting Aik Digital Banking
PTCL, as a national leader in telecom and digital infrastructure, plays a critical role in enabling businesses like Aik Digital Banking to scale effectively. By providing secure and innovative cloud services, PTCL ensures that businesses can operate with resilience in today’s fast-changing financial landscape.
Speaking at the event, Asif Ahmad, Group Chief Business Solutions Officer at PTCL & Ufone 4G, noted that PTCL is proud to support Aik Digital Banking in fulfilling its business needs. He emphasized PTCL’s ongoing commitment to digitization across Pakistan, explaining how partnerships like this contribute to overall economic growth while advancing corporate innovation.
Why Cloud Services Matter for Aik Digital Banking
The integration of PTCL Smart Cloud into Aik Digital Banking’s operations ensures enhanced data security, faster processing, and a more reliable customer experience. For financial institutions, cloud-based systems are essential to maintain:
- Business continuity in case of disruptions
- Scalability to handle growing user bases
- Data security for sensitive financial information
- Efficiency in offering seamless digital services
By choosing PTCL, Aik Digital Banking gains access to a secure and scalable infrastructure that supports its long-term ambitions in the Islamic finance sector.
Driving Digital Transformation in Islamic Finance
The collaboration between Aik Digital Banking and PTCL is part of a larger trend in Pakistan’s financial sector. Digital transformation has accelerated significantly in recent years, particularly in Islamic banking. Statistics from the Pakistan Telecommunication Authority (PTA) show that internet penetration has reached over 130 million broadband users in 2025, providing a massive base for digital banking adoption.
This partnership allows Aik Digital Banking to position itself at the forefront of this transformation by offering services that combine religious values with technological innovation.
The Future of Aik Digital Banking
With PTCL’s secure cloud infrastructure, Aik Digital Banking is set to expand its reach and better serve customers looking for reliable, Shariah-compliant solutions. This collaboration ensures that the platform can manage high demand, protect customer data, and deliver innovative digital services tailored to modern banking needs.
The move also strengthens Pakistan’s broader digital economy. As financial services shift online, collaborations like this create a more resilient and inclusive financial ecosystem.
The partnership between Aik Digital Banking and PTCL Smart Cloud marks a significant step in advancing Islamic finance in Pakistan. By leveraging PTCL’s secure and reliable infrastructure, Aik Digital Banking is better equipped to meet the growing demand for Shariah-compliant services while ensuring scalability and resilience.
As digital adoption continues to rise, this collaboration sets a strong example of how technology and finance can come together to serve both economic growth and cultural values in Pakistan.
