SECP Certifies Walee Financial Services as Pakistan’s First Fully Shariah-Compliant Digital NBFC
The Securities and Exchange Commission of Pakistan (SECP) has certified Walee Financial Services as a fully Shariah-compliant Non-Banking Financial Company (NBFC), marking a milestone in Pakistan’s Islamic fintech landscape and strengthening faith-aligned digital innovation in financial services.
Empowering SMEs and Entrepreneurs: How Mashreq NEOBIZ is Revolutionizing Business Banking in Pakistan
Mashreq NEOBIZ is redefining SME banking in Pakistan by offering a fully digital, paperless, and accessible platform tailored to the needs of entrepreneurs and small businesses. With features designed to solve real challenges, it aims to drive financial inclusion and empower local businesses to grow.
Karachi’s Historic Bohra Bazaar Goes Fully Cashless with QR-Based Digital Payments
Karachi’s historic Bohra Bazaar has transitioned to a fully cashless system through JazzCash’s QR-based payment solution, empowering merchants and customers with faster, safer, and more transparent digital transactions.
Meezan Bank and VizPro Collaborate to Launch Digital Supply Chain Financing in Pakistan
Meezan Bank and VizPro sign an MoU to launch Digital Supply Chain Financing in Pakistan. The initiative will offer retailers Shariah-compliant financing through a fully digital process, strengthening the SME and retail ecosystem with technology-driven solutions.
JazzCash and KTrade Securities Partner to Enable Real-Time Stock Trading Through Mobile Wallets
JazzCash and KTrade Securities partner to launch real-time stock trading within the JazzCash app, allowing users to invest directly in PSX-listed stocks and promoting financial inclusion through digital innovation.
Faysal Bank and EFU Life Launch Innovative Takaful Plans to Enhance Financial Inclusion and Wellness
Faysal Bank and EFU Life have launched two new Takaful products designed to integrate financial protection with wellness and long-term prosperity, marking a new milestone in Shariah-compliant financial solutions in Pakistan.
Barq PK Secures SBP’s In-Principle Approval to Launch EMI Wallet in Pakistan
Barq PK has secured In-Principle Approval from the State Bank of Pakistan to establish an EMI Wallet, marking a significant milestone in advancing digital financial inclusion and accelerating the country’s transition toward a cashless economy.
SECP Hosts Strategic Roundtable on the Future of Takaful in Pakistan’s Evolving Financial Landscape
The SECP hosted a strategic roundtable in Karachi to shape the future of Takaful in Pakistan, uniting key industry leaders, global brokers, Shariah scholars, and policymakers to accelerate Shariah-compliant insurance growth and align it with its Five-Year Strategic Plan.
Faysal Digimall and LG partner to enhance digital finance and retail innovation in Pakistan
Faysal Digimall and LG have signed a strategic partnership agreement to strengthen digital financing and enhance customer experience, marking a major milestone in Pakistan’s evolving fintech and retail ecosystem.
NIBAF Celebrates Financial Literacy Milestone with FDE Students in Islamabad
National Institute of Banking and Finance celebrated its landmark financial literacy initiative with FDE students, highlighting partnerships with Karandaaz Pakistan and the State Bank of Pakistan. The event showcased the achievements of the FLIP project, training thousands of teachers and reaching over 110,000 students, reinforcing the importance of early financial education for national economic growth.