Al-Baraka Bank Launches Digital Hub, Auto Finance

Al-Baraka Bank Pakistan Limited has launched a new Digital Hub alongside Digital Auto Finance to simplify online lending and improve customer access to Shariah-compliant services.

Read more: The Rise of Digital Banking in Pakistan: Can Fintech Replace Traditional Banks?

Al Baraka Bank Pakistan Ltd.’s newly launched Digital Hub brings its digital products and services under one platform, allowing customers to apply for financing, track applications and access support through a fully online process. The initiative is designed to modernize customer engagement while reducing paperwork and processing time across Islamic banking services.

Alongside this, the Digital Auto Finance offering enables customers to apply for vehicle financing through a simplified digital workflow with competitive profit rates. Bank officials said the product targets both individuals and small businesses, aligning with rising demand for contactless financial services and greater convenience in auto financing.

By pairing digital innovation with Shariah-compliant products, Al-Baraka Bank is positioning itself to deepen customer adoption and strengthen Islamic finance’s role in Pakistan’s evolving digital economy.