Islamabad, Sep 4: In order to achieve ISO/IEC 27001:2022 compliance, Raqami Islamic Digital Bank Limited (RIDBL) has established a strategic agreement with Risk Associates, a top authorized management systems certification authority. This certification demonstrates Raqami Bank’s dedication to upholding the strictest information security guidelines in accordance with global standards.

Umair Aijaz, CEO of Raqami Islamic Digital Bank Ltd (RIDBL), and Kashif Hassan, Managing Director of Risk Associates, officially signed the agreement at Raqami Bank’s Karachi headquarters.

Raqami Islamic Digital Bank Ltd. CEO Umair Aijaz made the following statement regarding the collaboration: “At Raqami Bank, we are committed to safeguarding our clients’ data with the highest standards of security.”

This dedication is demonstrated by our partnership with Risk Associates to attain ISO/IEC 27001:2022 compliance. Our capacity to provide our cherished clients with safe and Shariah-compliant digital banking services would be further improved by this accreditation.

The implementation of ISO/IEC 27001:2022 is a key step forward to developing an information security management framework, stated Syed Alay Raza, Group Head / CISO, Raqami Islamic Digital Bank Ltd. Along with bringing us into compliance with international best practices, it will fortify our overall security posture against the ever-increasing threats posed by the cyber world.

A crucial part of Raqami Bank’s larger information security plan is the acquisition of these services. Raqami Bank is a digital bank that aims to establish Shariah-compliant, customer-centric banking in Pakistan. As such, it understands the significance of adhering to internationally recognized standards like ISO/IEC 27001.
Advantages of Raqami Bank’s Compliance with ISO/IEC 27001:2022:

Regulatory Compliance: Comply with the strict information security guidelines that the State Bank of Pakistan (SBP) and other regulatory organizations have established.

 

Enhanced Cybersecurity: Enhance the bank’s organizational information security framework to fortify its defenses against cyberattacks.

Increased Trust: Reduce the possibility of human error and increase stakeholder and client trust by showcasing efficient security procedures.

Security Awareness: Raise awareness of security issues among staff and customers, encouraging a security-conscious culture inside the bank.

This collaboration serves as another evidence of Raqami Bank’s commitment to provide its clients throughout Pakistan safe, cutting-edge, and Shariah-compliant financial solutions.

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