Pakistan Receives $1.3bn IMF Loan Under EFF and RSF, Markets React Positively
Pakistan secures $1.3 billion IMF financing under the EFF and RSF, boosting forex reserves, supporting economic stability, and lifting market sentiment at the PSX.
MMBL and SMEDA Partner to Empower SMEs and Drive Inclusive Economic Growth
Mobilink Microfinance Bank Limited (MMBL) and the Small and Medium Enterprises Development Authority (SMEDA) have signed an MoU to enhance access to finance for small businesses across Pakistan, aiming to strengthen economic inclusion and support sustainable growth.
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.
Karandaaz and Walee Launch Shariah-Compliant Digital Financing for Women Entrepreneurs in Pakistan
Karandaaz Pakistan and Walee Financial Services launch Khudmukhtar Khatoon, a Shariah-compliant digital financing solution for women entrepreneurs. The program focuses on asset-based financing, empowering women-led businesses in apparel, food, and beauty sectors, and setting a new benchmark for inclusive finance in Pakistan.
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.
NIBAF Advances Digital Transformation with AI Leadership Code Training
NIBAF Pakistan conducted a two-day AI Leadership Code training on October 20–21, 2025, in Karachi. Led by Mr. Jibran Bashir, the program focused on AI strategy, governance, and leadership transformation, empowering officers from SBP, NIBAF, and commercial banks to lead digital change.
Askari Bank Partners with QuickTopups to Enhance Digital Lifestyle and Gaming Payments
Askari Bank has entered into a strategic collaboration with QuickTopups, powered by Walee Technologies, to integrate digital gaming and lifestyle purchases directly within the Askari Mobile app. The partnership enables customers to access instant top-ups for popular global gaming titles and digital services, reinforcing the bank’s commitment to digital innovation and convenience.
HBL Microfinance Bank Advances Women’s Financial Empowerment Through Mashal Program Collaboration
HBL Microfinance Bank, under its flagship Mashal Program, joined hands with Bulandi-e-Niswa to host an awareness session focused on women’s financial empowerment. The event highlighted financial literacy, business fundamentals, and inclusive banking solutions tailored for women, reaffirming the bank’s mission to foster economic independence and social growth among women in Pakistan.
SBP Unveils Zero-Markup Financing Scheme for Electric Bikes and Rickshaws to Drive Green Mobility
The State Bank of Pakistan (SBP) has introduced a new zero-markup financing scheme to promote electric bikes and rickshaws nationwide, aiming to reduce fuel dependency and accelerate Pakistan’s shift toward eco-friendly transportation. The initiative targets over 116,000 e-bikes and 3,000 e-rickshaws in 2025–26, with inclusive financing terms and full markup subsidy by the federal government.
SECP Approves Digital Lending License for Foremost Financial Services, Paves Way for Instant Finance NBFC Entry
SECP has issued an NBFC license to Foremost Financial Services for digital nano-lending and approved Instant Finance’s entry into the sector, signaling growing investor confidence and advancing digital financial inclusion in Pakistan.