The recent cyber-attack on Bank Islamic has a rippling effect on the baking system of the country with at least… Read More
Here’s How and Why BankIslami Accounts Were Hacked!
This week, BankIslami became the target of one of the most devastating cyber attacks in Pakistan. The attack caused millions… Read More
BankIslami Customers Lose Over $6 Million in Biggest Security Breach in Pakistan’s History
By Raja Kamran, M Yasir and Raza Rizvi A Pakistani bank has reportedly come under what seems to be one… Read More
SBP Raises No Objections Against KASB Bank-BankIslami Merger
The State Bank of Pakistan on Thursday released a “no objection” statement on the valuation of the now-defunct KASB Bank… Read More
Bank Islami and KASB Bank Merger Cost Rs. 3.5 Billion Loss to Pakistan: AGP Report
Auditor General of Pakistan (AGP) office has once again raised concerns about the shady deal between Bank Islami and KASB… Read More
Faisal Shaikh Moves to Faysal Bank from BankIslami
Muhammad Faisal Shaikh, one of the prominent bankers of Pakistan’s Islamic Banking Industry, has moved to Faysal Bank from BankIslami… Read More
BankIslami’s Pre-tax Profit Crosses Rs 1 Billion Mark
BankIslami crossed a benchmark of Rs 1 billion pre-tax profit for the first time in its history, showing an outstanding… Read More