LAHORE: KissanPay, a Shariah-compliant agri-fintech platform by Kissan Gudam
and aik by BankIslami, was inaugurated by Saleem Ullah, Deputy Governor, State
Bank of Pakistan, and Ahmed Umair, Coordinator to the Prime Minister on
Agriculture and Food Security, at a launch event organised by Kissan Gudam at
the Pakistan Agriculture Connections Expo 2026. Together, they also disbursed
the platform’s first financing to a farmer.
At the event, Deputy Governor Saleem Ullah congratulated Haji Sons Group and
aik by BankIslami and expressed the State Bank’s support for KissanPay. He
expressed encouragement at seeing such collaborations between fintechs, banks
and the agricultural sector, and noted that platforms like KissanPay have the
potential to be a game changer for agriculture.
The launch marks a new chapter in Pakistan’s agricultural and financial landscape.
KissanPay brings together Kissan Gudam, backed by Haji Sons Group, and aik by
BankIslami. Through this integrated model, the partners aim to connect the
agricultural value chain across harvest, storage, financing and liquidity. Kissan
Gudam’s warehousing infrastructure and farmer ecosystem, combined with aik by
BankIslami’s Banking-as-a-Service (BaaS) framework and Shariah-compliant
financing solutions, enable farmers to access financing against stored agricultural
commodities.
Speaking about the partnership, Ashfaque Ahmed, Chief Officer, aik by
BankIslami, said: “The future of financial services lies in embedding banking into
the ecosystems where economic activity takes place. Through this partnership, we
are leveraging digital infrastructure and BaaS capabilities to create a more
seamless, Shariah-compliant financing journey for the agricultural sector.”
“Speed is the difference between a fair price and a distress sale. With KissanPay,
a farmer can go from opening a bank account to receiving financing in minutes, not
weeks. This is the first step towards a connected digital ecosystem where farmers
can store, bank, borrow and grow, all in one place,” said Anam Tahir, Chief
Technology Officer, Kissan Gudam.
The event was also attended by senior officials from BankIslami and HajiSons
Group, who joined the occasion and reaffirmed the bank and Haji Sons Groups’s
commitment to supporting innovation and expanding access to digital, Shariah
compliant financial solutions for the agriculture sector.
aik by BankIslami and the Kissan Gudam team expressed their gratitude to Deputy
Governor Saleem Ullah for recognizing the potential of KissanPay to strengthen
Pakistan’s agricultural financing ecosystem.
Through KissanPay, the partners aim to make agricultural finance more accessible
and digitally enabled, while building a connected financial ecosystem for Pakistan’s
agriculture sector. For farmers, it means turning stored harvests into timely,
Shariah-compliant finance, without having to sell under pressure.
