ISLAMABAD
\nRaqami Islamic Digital Bank, backed by the Kuwait Investment Authority (KIA), is set to launch operations in Pakistan next month with an initial investment of USD 100 million, marking a significant boost for the country\u2019s financial sector.
\nAdvisor to the Finance Minister, Khurram Schehzad, shared the details with the media, describing the development as a strong vote of confidence in Pakistan\u2019s improving economic outlook and ongoing reform momentum.
\n\u201cThis investment reflects growing international trust in Pakistan\u2019s economic direction and the government\u2019s reform agenda,\u201d Schehzad said.
\nAccording to Schehzad, the launch of Raqami Islamic Digital Bank signals rising investor confidence and highlights the strengthening investment partnership between Pakistan and Kuwait, particularly in the financial and digital economy sectors.
\nHe added that such investments are expected to play a key role in deepening bilateral ties and supporting Pakistan\u2019s efforts to attract foreign capital, promote digital transformation, and enhance the overall stability of the financial system.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Raqami Islamic Digital Bank, backed by the Kuwait Investment Authority (KIA), is set to launch operations in Pakistan next month with an initial investment of USD 100 million, marking a significant boost for the country\u2019s financial sector. Advisor to the Finance Minister, Khurram Schehzad, shared the details with the media, describing the development as […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-527562","post","type-post","status-publish","format-standard","category-business"],"yoast_head":"\n