MCB Islamic Bank launches SUBUK app for improved Islamic banking services

SUBUK is intended to reinvent Islamic banking by providing customers increased convenience and security
An undated image. — MCB
An undated image. — MCB

MCB Islamic Bank has officially released its all-new mobile banking app, 'SUBUK', marking a huge step forward in its digital transformation push.

SUBUK is developed to improve MCB's Islamic banking services by providing customers with increased convenience, dependability, and security.

The app has an easy-to-use UI, seamless navigation, and novel features, all backed up by best-in-class security and regulatory compliance.

The application lets users send money instantly through Raast & 1LINK, pay utility bills, internet, mobile bundles, and school fees, manage transaction limits and activate, block, or replace debit cards, invest in Islamic mutual funds and Term Deposit Receipts (TDRs), and access lifestyle services like ticket booking and special discounts.

According to MCB Islamic Bank Chairman Raza Mansha: "Digitalisation is essential for sustainable growth and deeper customer engagement."

The MCB Islamic Bank president and chief executive officer, Zargham Khan Durrani, added, "SUBUK reflects our vision of becoming a truly digital bank with a physical branch network."

The introduction of SUBUK establishes new standards in digital Islamic banking and reaffirms MCB Islamic Bank's dedication to technological innovation and Shari'ah compliance.