Tag: Islamic finance Pakistan

Walee Financial Services becomes Pakistan’s first Shariah-compliant digital nano-financing NBFC, promoting ethical, transparent, and socially responsible financial services while advancing financial inclusion.

K-Electric has launched Pakistan’s first-ever retail sukuk, a Shariah-compliant short-term debt instrument, offering new opportunities for public investors while supporting the power sector’s financing needs.

Pakistan introduces its first-ever retail listed short-term Sukuk, offering Shariah-compliant investment with high returns, tradability, and a unique KE electricity bill adjustment feature. Backed by strong credit ratings and multiple Shariah endorsements, the Sukuk is a major step toward expanding retail participation in Islamic capital markets.

Visa has partnered with Raqami Islamic Digital Bank, Pakistan’s first Islamic digital retail bank, to launch a secure, Shariah-compliant card portfolio aimed at expanding financial access for underserved communities through a mobile-first, digital banking platform.