Karachi, February 11, 2026: Faysal Bank Limited (FBL), Pakistan’s leading Islamic bank, and Waseela Pakistan, an operator of integrated agricultural ecosystems, have signed a Memorandum of Understanding (MoU) to facilitate fast-track, Shariah-compliant financing for farmers to meet their agricultural production needs.
The strategic collaboration aims to enable timely and hassle-free access to financing through digitally supported financial solutions, while reducing farmers’ reliance on traditional intermediaries. The financing facility will be extended under the Electronic Warehouse Receipt (EWR) framework, promoting transparency, efficiency and improved risk management across the agricultural value chain.
By combining Faysal Bank’s expertise in Shariah-compliant financing with Waseela Pakistan’s on-ground farmer ecosystems, data insights and physical service infrastructure, the partnership seeks to ensure faster, more transparent access to finance within defined agricultural ecosystems—supporting productivity, sustainability and financial inclusion.
Commenting on the collaboration, Mr. Yousaf Hussain, President & CEO, Faysal Bank, said: “Agriculture remains the backbone of Pakistan’s economy, and access to timely, Shariah-compliant financing is critical for its sustainable growth. This partnership reflects Faysal Bank’s commitment to inclusive Islamic banking solutions that are transparent, efficient and aligned with real economic activity. Together with Waseela Pakistan, we aim to strengthen the agricultural ecosystem and support farmers where it matters most.”
Ms. Tania Aidrus, CEO, Waseela Pakistan, said: “Our focus has always been on building trusted, last-mile ecosystems for farmers by linking finance to traceability, data and on-ground engagement. Partnering with Faysal Bank allows us to scale responsible, Shariah-compliant financial access for farmers who have long remained underserved by the formal financial system.”