LOLC Islamic Launched in Pakistan with First Shariah-Compliant Microfinance Branch
LOLC Group has launched LOLC Islamic by inaugurating its first Islamic Microfinance Branch in Bara Kahu, Islamabad, marking a major step toward ethical, Shariah-compliant banking and financial inclusion in Pakistan.
ASA Microfinance Bank Secures SBP Approval to Introduce Islamic Microfinance Products in Pakistan
ASA Microfinance Bank (Pakistan) Limited receives in-principle approval from the State Bank of Pakistan to offer Islamic microfinance products and services, marking a major step in expanding Shariah-compliant financial inclusion across underserved communities.
Pakistan’s Microfinance Sector Transitions Toward Islamic Banking Framework
Pakistan’s microfinance sector is transitioning from conventional to Islamic finance, with banks adopting Sharia-compliant products and oversight by scholars. Leaders from the Pakistan Microfinance Network highlight the sector’s ambitions, future goals, and the role of innovation in financial inclusion.