In conjunction with the State Bank of Pakistan’s Licensing and Regulatory Framework for Digital Banks, and with five digital banking licenses available in 2022, how will the development, provision and distribution of digital Islamic financial services evolve in Pakistan? How can Islamic finance in Pakistan successfully capitalise on technological innovation? What is the status of conversions of conventional banking institutions/branches to Islamic? What is the outlook for Islamic banking in Pakistan amidst these conversions and the expansion of existing outreach?