Karachi: Aik, the pioneering Islamic digital banking platform in Pakistan, has embarked on a transformative alliance with Pakistan Telecommunication Company Limited (PTCL) to enhance its infrastructure through PTCL Smart Cloud’s secure and dependable services.

Under this collaboration, PTCL will deliver robust cloud infrastructure, ensuring seamless business operations and enhanced resilience for Aik. This strategic move is part of BankIslami's initiative to offer comprehensive and efficient financial services, thereby contributing to a more accessible and modern digital banking ecosystem in the country.

The partnership was formalized at a ceremony in Islamabad, attended by senior officials from both entities, including Ashfaque Ahmed, Chief Officer of Aik, Waqar Ul Hassan, CIO of Aik Digital, and Asif Ahmad, Group Chief Business Solutions Officer at PTCL and Ufone 4G.

Ashfaque Ahmed emphasized the significance of the agreement, stating, “At Aik, our mission is to expand Islamic banking access nationwide and aid in Saving Humanity from Riba. This partnership enhances our system’s capability to meet the demand for Shariah-compliant banking, simplifying the banking experience for customers and aiding economic development.”

Asif Ahmad highlighted PTCL's commitment to supporting digitalization, remarking, “We are delighted to support Aik in their business journey. As a leading national company, PTCL is at the forefront of digital transformation efforts. Through partnerships like this, we continue to bolster telecom infrastructure, offering secure solutions to the corporate sector, thereby contributing to the nation’s economic progress.”

This collaboration signifies a vital step in fortifying a secure and scalable infrastructure to support Aik’s digital banking goals, leveraging PTCL’s cloud expertise and its extensive experience in the telecommunications sector.