The State Bank of Pakistan has officially recognized Raqami Islamic Digital Bank Limited as a scheduled institution, granting it a Digital Retail Bank license. According to TechJuice, this decision, effective from February 6, 2026, allows the bank to operate fully under SBP regulations, offering digital banking services across the nation. This move is seen as a significant step in enhancing the digital banking landscape in Pakistan, as it aligns with the country's broader financial inclusion goals. The sentiment around this development is positive, reflecting optimism about the potential for increased accessibility and convenience in banking services.