One of Pakistan’s top Islamic banks, BankIslami, has taken a significant step by advertising its riba-free banking services, which are available to individuals of all backgrounds and faiths. The action underscores BankIslami’s goal to promote inclusive and moral banking in Pakistan’s financial sector, which supports social responsibility and transparency while adhering to Shariah compliance.
Almost all religions forbid riba (interest) because it is unfair. Because it provides equitable and open financial options, Islamic banking appeals to individuals of all religions, fostering inclusion. Additionally, the global Islamic finance market, which is currently worth over $3 trillion, is expanding quickly, indicating a growing need for solutions that are morally and Shariah-compliant.
