Tagged: Raqami Islamic Digital Bank

Kuwait-Backed Raqami Islamic Digital Bank to Launch in Pakistan with $100m Investment

Kuwait Investment Authority-backed Raqami Islamic Digital Bank (RIDB) plans to begin operations in Pakistan next month with a $100 million investment, Bloomberg reported, marking another Gulf-backed entry into the country’s financial sector. The lender will become Pakistan’s first fully digital Shariah-compliant bank, offering online financing,… Read More

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