Raqami Islamic Digital Bank has achieved PCI DSS v4.0.1 compliance following an independent assessment conducted by Risk Associates, marking an important development in strengthening security standards for digital banking operations in Pakistan. The achievement reflects the bank’s continued focus on maintaining secure payment environments and implementing recognized compliance practices to support customer trust in digital financial services. The PCI DSS Certificate of Compliance was formally presented during a ceremony held at Pearl Continental Hotel, Karachi, bringing together leadership and technology teams from Raqami Islamic Digital Bank and Risk Associates. The event recognized the successful completion of the assessment process and highlighted the collaboration between both organizations in advancing secure digital banking practices.
PCI DSS v4.0.1 compliance represents adherence to globally recognized payment security requirements designed to help organizations protect payment-related information and maintain secure technology environments. Through this compliance achievement, Raqami Islamic Digital Bank has demonstrated its commitment to strengthening cybersecurity controls, improving operational security measures and supporting reliable digital banking services for its customers. The independent assessment by Risk Associates evaluated the bank’s security practices against PCI DSS requirements and confirmed compliance with the updated standard. The certification process involved reviewing security controls, technology infrastructure and operational practices to ensure alignment with established payment security guidelines.
Raqami Islamic Digital Bank stated that its security and technology teams played an important role in achieving this milestone. The bank continues to focus on building secure digital banking solutions while maintaining compliance with industry standards. The achievement also reflects the growing importance of cybersecurity and regulatory compliance as financial institutions increasingly adopt digital platforms and services. Risk Associates congratulated Raqami Islamic Digital Bank and its teams on achieving PCI DSS v4.0.1 compliance, highlighting the importance of continuous improvement in security practices. The organization noted that compliance is an ongoing journey and expressed its commitment to supporting Raqami as it continues to enhance secure and Shariah compliant digital banking services.
The milestone comes as digital financial services continue to expand across Pakistan, increasing the need for strong security frameworks, data protection practices and reliable technology infrastructure. Financial institutions are increasingly prioritizing compliance certifications to strengthen customer confidence and ensure their platforms meet international security expectations. Through achieving PCI DSS v4.0.1 compliance, Raqami Islamic Digital Bank joins organizations working towards higher standards of digital security and responsible financial technology adoption. The collaboration with Risk Associates highlights the role of independent assessments and industry partnerships in supporting secure digital transformation within Pakistan’s banking sector.
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