Faysal Bank Partners to Empower Women Freelancers

Faysal Bank Partners to Empower Women Freelancers

Karachi, March 20, 2024 – Faysal Bank Limited (FBL), the leading Islamic Bank of Pakistan, has entered into a strategic partnership with Womenza Pakistan to empower and facilitate women freelancers across the country.

This collaboration aims to promote economic independence and inclusivity, particularly among women freelancers, underscoring the commitment of both organizations to fostering a more inclusive and thriving freelance sector.

The partnership was formalized at a signing ceremony attended by officials from Faysal Bank Limited and Womenza Pakistan. Speaking on the occasion, Mr. Amin ur Rahman, Chief Digital Officer at Faysal Bank Limited, expressed his enthusiasm for strengthening the freelance sector in Pakistan. He stated, “We are delighted to join forces with Womenza Pakistan to empower women freelancers, a dynamic and growing segment of our economy. At Faysal Bank, we believe in fostering innovation and entrepreneurship, and this collaboration will provide freelancers with the essential support to thrive in today’s digital landscape.”

As part of its commitment to empowering freelancers, FBL offers the Burraq Freelancer Digital Account, which provides seamless digital account opening, along with a foreign currency digital account and a range of value-added services tailored to the needs of freelancers.

Ms. Aiman Sami, Co-Founder of Womenza Pakistan, emphasized the organization’s dedication to empowering female freelancers and equipping them with the skills and resources needed to succeed in the digital economy. She commented, “Our partnership with Faysal Bank marks an important milestone in our journey to create a more inclusive and supportive ecosystem for freelancers, particularly women, by combining financial empowerment with skill development and mentorship, with the added bonus of Islamic finance.”

This collaboration between Faysal Bank and Womenza Pakistan represents a significant step towards creating a more empowered and resilient freelance community in Pakistan. By providing financial support, skill development opportunities, and mentorship programs, the partnership aims to drive positive change and foster economic growth across the country.

The freelance sector in Pakistan has witnessed remarkable growth in recent years, with a significant contribution from women freelancers. However, there remain barriers to entry and challenges related to financial inclusion and access to resources. The partnership between Faysal Bank and Womenza Pakistan seeks to address these challenges and create a more conducive environment for freelancers to thrive and contribute to the country’s economy.

As Pakistan continues to embrace the digital economy and entrepreneurship, initiatives like this partnership play a crucial role in unlocking the potential of freelancers, particularly women, and driving sustainable economic development. Through collaboration and innovation, Faysal Bank and Womenza Pakistan are paving the way for a more inclusive and prosperous future for freelancers in Pakistan.