Kuwait-Backed Rumi Islamic Digital Bank to Launch in Pakistan with $100 Million Investment

Islamabad (HRNW)- With the support of the Special Investment Facilitation Council (SIFC), the confidence of global partners in Pakistan’s economy continues to strengthen, as another major development has emerged in the country’s financial sector with the launch of the Rumi Islamic Digital Bank backed by Kuwait.

The Rumi Islamic Digital Bank is set to begin operations in Pakistan next month with an initial investment of US$ 100 million. The bank has been established with the support of the Kuwait Investment Authority (KIA), and its launch is being described as a significant milestone for Pakistan’s Islamic and digital banking landscape.

Officials say that the entry of a Kuwait-backed digital Islamic bank reflects growing international trust in Pakistan’s financial system and is expected to promote financial inclusion, digital innovation, and Shariah-compliant banking services across the country.

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