Meezan Bank has entered into a strategic partnership with Haball, a leading digital payments platform, and Dawlance, a prominent consumer durables company, to promote Shariah-compliant digital Supply Chain Financing across Pakistan. The collaboration reflects Meezan Bank’s continued commitment to technology-driven, scalable business solutions.
The signing ceremony took place at Meezan Bank’s Head Office in Karachi and was attended by senior executives from all three organizations. The partnership aims to facilitate seamless, Shariah-compliant financing solutions for businesses operating within the supply chain, leveraging digital platforms to improve efficiency and expand financial access.
Through this initiative, Meezan Bank plans to integrate Shariah-compliant financial solutions with Haball’s digital payment infrastructure and Dawlance’s supply chain operations. The collaboration is expected to create a robust ecosystem for businesses to access timely financing while adhering to Islamic banking principles.
This partnership highlights the growing trend of digital transformation in Pakistan’s financial sector, particularly within Islamic banking, where technology is increasingly being used to enhance business operations, reduce inefficiencies, and promote financial inclusion.
Executives from Meezan Bank emphasized that this initiative aligns with the bank’s strategy to develop innovative, tech-enabled financial products that meet the evolving needs of businesses while remaining fully compliant with Shariah guidelines.
Haball, known for its secure and scalable digital payments solutions, will play a critical role in facilitating efficient financing workflows, ensuring that transactions within the supply chain are streamlined and fully traceable.
Dawlance, with its extensive supply chain network across Pakistan, will serve as a key operational partner, enabling SMEs and other vendors to access timely Shariah-compliant financing, thereby improving liquidity and supporting business growth.
The collaboration is expected to set a benchmark for digital, Islamic supply chain finance in Pakistan, providing a model for future partnerships between banks, fintechs, and industry leaders.
This initiative also underscores the growing importance of integrating financial technology with Islamic finance principles, as businesses increasingly seek solutions that combine regulatory compliance, operational efficiency, and digital convenience.
By leveraging the strengths of all three partners, the collaboration aims to expand access to supply chain financing, strengthen the business ecosystem, and contribute to broader economic growth, while promoting ethical and Shariah-compliant financial practices.
Follow the PakBanker Whatsapp Channel for updates across Pakistan’s banking ecosystem.