Meezan Bank and Mastercard Enhance Cross-Border Payment Experience with “Spend Big, Win Big” Campaign
Meezan Bank, Pakistan’s premier Islamic bank, partnered with Mastercard to launch the “Spend Big, Win Big” campaign, aimed at encouraging international digital spending through Meezan Mastercard Debit Cards. The campaign not only rewarded customers with exciting prizes but also strengthened the bank’s focus on secure, seamless, and Shariah-compliant cross-border payments.
Karandaaz Pakistan and Walee Launch Khudmukhtar Khatoon: A Shariah-Compliant Digital Finance Solution for Women Entrepreneurs
Karandaaz Pakistan and Walee Financial Services have launched Khudmukhtar Khatoon, Pakistan’s first Shariah-compliant digital asset financing program for women entrepreneurs, aiming to drive inclusion, empowerment, and sustainable growth.
Pakistan’s Push Toward Inclusive Banking: Progress and Persistent Gaps in Women’s Financial Empowerment
Pakistan’s banking sector shows progress in women’s inclusion, with 17 million new female accounts and a 9% reduction in the gender gap. Yet, persistent inequalities reveal the need for deeper, data-driven strategies to achieve true financial empowerment.
NIBAF Pakistan Enhances SME Lending Expertise through Capacity Building Program for RMs and BMs
NIBAF Pakistan organized a two-day training program on SME banking for Relationship Managers and Branch Managers, aimed at improving their understanding of lending practices, operational frameworks, and sustainable growth strategies for small and medium enterprises.
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.
Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25
The State Bank of Pakistan’s new biometric verification regulations take effect on October 25, 2025, with unverified mobile wallets and digital bank accounts facing immediate service blocks under the updated customer onboarding framework.
EFU Life and Mawazna Partner to Redefine Health Protection Through Digital Innovation
EFU Life and Mawazna.com have joined forces to launch digital-first, cashless health insurance solutions, including both Conventional and Takaful options. This partnership aims to make quality healthcare more accessible and convenient for families across Pakistan through technology-driven financial protection.
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.
The Bank of Punjab Honored as Top Bank for Financial Inclusion at 9th Annual Microfinance Conference
The Bank of Punjab has been recognized as the Top Bank for Financial Inclusion at the 9th Annual Microfinance Conference. The award celebrates the bank’s initiatives to expand access to finance, promote inclusion, and empower underserved communities through digital solutions and innovative banking strategies.
BML and TAAP Sign MoU to Offer Dedicated Financial Services to Travel Industry Members
BML and TAAP have signed an MoU to provide dedicated financial services to travel industry members in Pakistan. The partnership aims to support travel agents through tailored banking solutions, enhanced credit facilities, and digital financial tools, enabling greater business growth and operational efficiency.