Tag: Shariah-compliant finance

Neem Paymenow has partnered with Truck It In to offer Shariah-compliant, earned wage access to the company’s workforce, providing financial flexibility without debt. This collaboration marks a significant step toward improving employee welfare in Pakistan’s digital freight and logistics sector.

Meezan Bank has renewed and expanded its strategic partnership with Visa to enhance its Shariah-compliant debit card portfolio and introduce premium lifestyle-focused digital payment products, strengthening customer experience and reinforcing its leadership in Pakistan’s digital Islamic banking sector.

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.

Bank Alfalah and NCCPL have signed an MoU to strengthen commercial banks’ role in Pakistan’s capital markets by exploring avenues such as margin trading, Shariah-compliant products, and expanding opportunities for local and overseas investors.

Neem has partnered with Meezan Bank to enhance Pakistan’s digital payment infrastructure and expand access to Shariah-compliant financial services. This collaboration aims to foster inclusive financial innovation by integrating ethical Islamic banking with advanced embedded fintech solutions.

SECP grants NBFC license to Alif Finance, a subsidiary of Alif Capital Holdings, to provide Shariah-compliant digital lending and SME finance in Pakistan, signaling a boost in FDI and fintech growth.

Neem Paymenow collaborates with HRSG to bring Shariah-compliant earned wage access to Pakistan’s frontline workforce, empowering employees across diverse industries through seamless fintech integration.

Neem has secured a credit facility of up to $4 million from HBL to scale its Shariah-compliant earned wage access platform, Neem Paymenow, across Pakistan. This partnership aims to deliver timely, dignified financial solutions for millions of salaried employees, enhancing financial resilience while fostering innovation in the country’s fintech and banking sectors.

TASDEEQ and Shaamilkar Financial Services have partnered to revolutionize digital lending in Pakistan, focusing on responsible credit access, financial inclusion, and Shariah-aligned installment solutions to empower individuals and MSMEs across the country.