Raqami Islamic Digital Bank to operate on Garaj’s Tier III–certified infrastructure
Garaj,
the cloud and cybersecurity solutions platform from JazzWorld has successfully
facilitated the launch of Raqami Islamic
Digital Bank, Pakistan’s first fully Islamic digital retail bank operating
entirely on domestic cloud infrastructure.
This achievement underscores Garaj's
ability to host critical financial systems while aligning with Raqami Islamic
Digital Bank’s mission to redefine digital banking in Pakistan.
Designed as a cloud-native
institution, Raqami Islamic Digital Bank has deployed its entire technology
stack—including core banking, digital channels, and fully operational
Production (PR) and Disaster Recovery (DR) environments—on Garaj’s
enterprise-grade cloud platform. By opting for a fully hosted model from the
start, Raqami has removed traditional infrastructure limitations and laid the
groundwork for scalable, performance-driven growth.
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Speaking at the event, Shahzad
Rasheed, President of Enterprise Solutions at JazzWorld, said, “Raqami Islamic
Digital Bank, as a fully Islamic digital bank, requires a cloud infrastructure
capable of supporting regulated banking operations. Our collaboration
highlights our commitment to creating a secure, resilient, and scalable digital
foundation that Pakistan can rely on.”
Umair Aijaz, CEO of Raqami Islamic
Digital Bank, added, “As the first fully Islamic digital retail bank in
Pakistan, our foundation had to be secure, scalable, and future-ready from day
one. Partnering with Garaj allowed us to deploy our entire technology stack on
a trusted, local cloud platform. This positions us to drive innovation while
adhering to high standards of security, reliability, and regulatory
compliance.”
Raqami Islamic Digital Bank will
operate on Garaj’s Tier III–certified infrastructure, featuring built-in
redundancy to ensure high availability for regulated financial services. The
platform also integrates robust security features such as monitoring, access
governance, and threat detection to support secure operations and long-term
scalability.
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This milestone sets a new benchmark
for cloud-hosted financial services in Pakistan, further cementing Garaj’s role
in providing business continuity solutions that help drive Raqami’s growth as a
next-generation digital bank.
Source:
Business Recorder
