In a major step toward empowering women entrepreneurs and promoting inclusive finance in Pakistan, Karandaaz Pakistan has partnered with Walee Financial Services to launch Khudmukhtar Khatoon — the country’s first Shariah-compliant, digital asset financing solution exclusively designed for women-led businesses. The initiative represents a milestone in gender-focused financial innovation and marks the beginning of a transformative journey toward equitable access to finance.
Khudmukhtar Khatoon aims to address one of the most persistent challenges faced by women in business: the lack of access to formal financial tools that are both growth-oriented and compliant with Islamic principles. By leveraging digital technology and Shariah-compliant frameworks, this program provides women entrepreneurs with an opportunity to acquire business assets without facing the traditional barriers that have long excluded them from mainstream financial systems.
The collaboration between Karandaaz Pakistan and Walee Financial Services is rooted in a shared vision of fostering inclusive economic growth through financial innovation. The program, initially launched as a pilot, is designed to evolve into a flagship model for women’s financial empowerment in the years ahead. It demonstrates how fintech-led partnerships can bridge the gender gap in finance while promoting sustainability and ethical business practices.
Speaking on the initiative, representatives from Karandaaz highlighted that this partnership represents more than a product launch — it’s a deliberate step toward redesigning financial systems that genuinely serve women. The goal is to shift the perception of women not merely as borrowers but as active builders of their economic futures. Through this approach, the organizations hope to nurture entrepreneurship that is not only profitable but also empowering and socially impactful.
Walee Financial Services, known for its digital innovation and community-driven platforms, brings technical expertise and digital infrastructure to the initiative. Its collaboration with Karandaaz ensures that the Khudmukhtar Khatoon model remains scalable and accessible, reaching women across various socio-economic backgrounds. This digital-first strategy reflects a growing trend in Pakistan’s financial sector — the use of technology to enhance inclusion, transparency, and convenience in financial services.
The pilot project will provide valuable insights into how digital asset financing can support women-led businesses in different industries. It also aims to build confidence among financial institutions and investors to develop more gender-sensitive financial products. As the program scales, it could potentially serve as a blueprint for other countries in the region seeking to implement faith-aligned and inclusive financial systems.
Both organizations view Khudmukhtar Khatoon as the first step in a larger mission. With time, the initiative may evolve into a national model for inclusive, Shariah-compliant financing that supports women’s entrepreneurship on a broader scale. The emphasis on digital accessibility ensures that women, regardless of geographic or economic barriers, can benefit from modern financial solutions that align with their cultural and ethical values.
Karandaaz Pakistan continues to play a leading role in promoting financial inclusion, SME development, and innovation across Pakistan’s economy. Through initiatives like Khudmukhtar Khatoon, it reinforces its commitment to creating a financial ecosystem that empowers women to become key contributors to national growth and sustainable development.
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