Tag: Islamic finance

SECP Grants Approval to Five Securities Brokers for Dedicated Islamic Brokerage Windows

The Securities and Exchange Commission of Pakistan approves five brokers to launch Shariah compliant Islamic windows for halal stock market investments.

Al Baraka Bank Digital Hub Welcomes Shariah Board to Evaluate Fintech Transformation and Islamic Compliance

Al Baraka Bank strengthens its digital roadmap as the Shariah Board visits the Digital Hub to review innovation strategies and ensure alignment with ethical banking values.

Raqami Islamic Digital Bank adopts 1LINK Reconciliation as a Service to enhance operational efficiency

Raqami Islamic Digital Bank partners with 1LINK and Timestream Management to implement RECaaS, streamlining financial reconciliation and digital banking operations.

Infralectric and InfraZamin Launch Landmark Green Sukuk to Transform Telecom Infrastructure with Renewable Energy

Infralectric and InfraZamin successfully deliver a syndicated Green Sukuk transaction to mobilize private investment for sustainable energy solutions in Pakistan.

The Hidden Fault Lines of Buy Now, Pay Later in Emerging Economies: South Asia and the Pakistan Stack

An in-depth analysis of Buy Now Pay Later expansion in emerging markets with a focus on South Asia and Pakistan, examining the BNPL ecosystem, digital lending layers, financial risks, regulatory challenges, and the evolving credit stack across consumers, merchants, and fintech platforms.

SECP Introduces New Guidelines for Shariah Compliant Digital Financing Products

SECP issues a new framework for Shariah-compliant digital financing, enabling halal microloans and installment products to boost financial inclusion in Pakistan.

U Microfinance Bank Implements Temenos Core Banking with Systems Limited

U Microfinance Bank completes a major digital overhaul on April 9 2026 by launching the Temenos core banking platform to boost microfinance and Islamic banking.

BankIslami Pakistan Accelerates Digital Banking Strategy and SME Financing for 2026 Growth

BankIslami Pakistan Limited pivots toward a tech-driven future with its aik Digital App and a strategic focus on low-cost deposit growth and SME financing for 2026.

ICMAP Identifies Sharia Compliant Cryptocurrencies as Stable Alternatives to Traditional Safe Havens

The Institute of Cost and Management Accountants of Pakistan highlights X8X Token and OneGram as reliable Sharia compliant digital assets for ethical investing.

Faysal Bank Partners with Waseela Pakistan to Provide Shariah-Compliant Digital Financing for Farmers

Faysal Bank and Waseela Pakistan sign MoU to offer fast-track Shariah-compliant financing via digital solutions under Electronic Warehouse Receipt framework, enhancing financial inclusion for farmers.

Karandaaz Pakistan and Walee Launch Khudmukhtar Khatoon: Pakistan’s First Shariah-Compliant Digital Financing Platform for Women Entrepreneurs

Karandaaz Pakistan partners with Walee Financial Services to introduce Khudmukhtar Khatoon, Pakistan’s first Shariah-compliant digital asset financing program designed exclusively for women entrepreneurs, aiming to enhance financial inclusion and empower women-led businesses through accessible and ethical finance.

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 landmark achievement for Pakistan’s Islamic fintech ecosystem.