Raqami Islamic Digital Bank Boosts Pakistan’s Economy

Raqami Islamic Digital Bank marks a new milestone in Pakistan’s economic growth. The launch reflects rising global confidence in the country’s financial reforms.

With the support of the Special Investment Facilitation Council (SIFC), international partners continue to show strong trust in Pakistan’s economy.

Pakistan’s financial sector achieved another major breakthrough. With cooperation from Kuwait, Raqami Islamic Digital Bank has officially launched. The bank will start its operations in Pakistan next month. The project begins with an initial investment of 100 million US dollars.

The bank was established with the support of the Kuwait Investment Authority (KIA). Experts see this launch as a significant development for Pakistan’s financial system.

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Advisor to the Finance Minister, Khurram Shehzad, said the investment proves growing global trust in Pakistan’s improving economy. He added that ongoing reforms continue to attract international investors.

He also said financial and digital economy cooperation between Pakistan and Kuwait is getting stronger. This investment will support digital transformation and bring stability to the financial system.

Raqami Islamic Bank will operate as a fully digital bank. Digital banking aims to improve efficiency through modern technology. It also helps include more people in the formal financial system.

Due to effective facilitation by SIFC, Pakistan is moving toward a modern and sustainable financial framework. Raqami Islamic Digital Bank stands as a strong symbol of this progress.