BankIslami, one of Pakistan’s leading Islamic financial institutions, has launched a pivotal initiative by promoting its riba-free banking services, which are accessible to people of diverse backgrounds and faiths. The move reflects BBankIslami’s ethical and inclusive banking in financial financials with the principles of Shariah compliance while upholding social responsibility and transparency.

The initiative comes amid growing interest in alternative banking models. BankIslami is raising awareness about the benefits of riba-free and ethical banking to encourage wider participation in the country’s financial country’s launch event, held at Mohatta Palace, Karachi, was attended by dignitaries, including the Governor State Bank of Pakistan (SBP) Jameel Ahmad and Deputy Governor SBP Saleem Ullah, I.G. Sindh Ghulam Nabi Memon, leaders from the banking industry leaders, public sector, and other industries.