BankIslami, one of the leading Islamic financial institutions in Pakistan, has launched a pivotal initiative by promoting its riba-free banking services accessible for people of diverse background and faith. The move reflects BankIslami’s mission to advance ethical and inclusive banking in Pakistan’s financial landscape, which aligns with the principles of Shariah compliance while upholding social responsibility and transparency.
Riba (interest) is prohibited in almost all religions due to its unjust nature.
This is why Islamic banking appeals to people of all faiths, promoting inclusivity by offering fair and transparent financial alternatives. Furthermore, the global Islamic finance industry, now valued at over $3 trillion, is growing rapidly, showing increasing demand for ethical and Shariah-compliant solutions.
