The Securities and Exchange Commission of Pakistan has approved a new digital Islamic financing program aimed at empowering women entrepreneurs and improving financial inclusion across the country. The initiative is designed to provide easier access to capital for women looking to start, grow, or expand their businesses through a fully Shariah-compliant financing model.
Named “Khud Mukhtar Khatoon,” the program will be launched through Walee Financial Services and will offer asset-based financing ranging from Rs. 100,000 to Rs. 1.5 million. The funding is specifically intended for the purchase of business-related assets such as machinery, equipment, and other essential tools needed to strengthen small and medium-sized enterprises.
According to officials, the financing process will be made more accessible through the Hakeem mobile application, allowing applicants to complete the entire process digitally. Borrowers will be able to repay the amount in equal monthly installments over a period of one year, making the scheme more manageable and convenient for women-led businesses.
The initiative reflects growing efforts to bridge the financing gap for women in Pakistan, where access to formal credit remains limited for many aspiring entrepreneurs. By combining Islamic financing principles with digital accessibility, the program aims to boost women’s economic participation, encourage self-reliance, and create new opportunities for sustainable business growth in the country.
