BankIslami drives digital-first Islamic banking in Pakistan with Azentio’s iMAL

BankIslami, one of Pakistan’s leading Islamic banks, is redefining Shari’ah-compliant banking by leveraging Azentio’s iMAL Islamic core banking platform. With over 1.8 million customers and a network of over 520 branches, the bank has embraced rapid digital transformation, backed by visionary leadership and a commitment to innovation.

Launching Pakistan’s first digital Islamic bank

To support its aggressive growth and digitization strategy, BankIslami required a forward-compatible solution to replace its legacy systems. The bank turned to Azentio’s iMAL, a trusted technology partner for over a decade, to drive this transformation.

This resulted in the successful launch of aik, Pakistan’s first digital Islamic banking solution, powered by iMAL’s robust web services and seamless omnichannel integration. From mobile and internet banking to branch-level systems, BankIslami now delivers a frictionless, fully digital Islamic banking experience.

Transformation highlights

1. Enhanced operational efficiency: iMAL streamlined processes, reduced manual work, and improved transaction security across all channels.
2. Scalable growth: With flexible, high-performance architecture, the bank scaled effortlessly to support expansion, acquisitions, and new product launches.
3. Real-time insights: Advanced dashboards and analytics enabled faster decision-making and smarter customer engagement.
4. Regulatory strength: Full compliance with Islamic principles and State Bank of Pakistan regulations was embedded into the system.
5. Superior experience: Employees and customers benefited from a modernized interface and real-time data access.

“The iMAL upgrade is a critical step forward, equipping us with the technology to enhance efficiency and continue delivering innovative, Shari’ah-compliant financial solutions.”
— Rizwan Ata, President & CEO, BankIslami

Innovating through partnership

As a long-standing Azentio customer since 2012, BankIslami’s journey highlights the power of a trusted technology partner in enabling digital transformation and regulatory compliance in Islamic finance.

Explore how iMAL can future-proof your Islamic banking operations.