New Shariah-compliant financing solution offers digital asset funding of up to Rs1.5 million for women entrepreneurs across Pakistan.
The Securities and Exchange Commission of Pakistan (SECP) has approved the country’s first digital lending product exclusively designed for women-led Micro, Small and Medium Enterprises (MSMEs), marking a major milestone in promoting financial inclusion and supporting female entrepreneurship.
The newly approved financing solution aims to improve access to formal credit for women-owned businesses, a segment that has historically faced challenges in obtaining financing. Through this initiative, eligible women entrepreneurs will be able to secure asset financing ranging from Rs100,000 to Rs1.5 million, depending on the results of individual credit assessments.
According to an official statement, the product has been developed by Walee Financial Services (Private) Limited and is branded as “Khudmukhtar Khatoon.” It is a fully digital and Shariah-compliant financing facility tailored to meet the unique funding requirements of women-led small businesses across Pakistan.
The financing service will be offered through the company’s existing digital lending application, “Hakeem,” which has already been approved for digital lending operations. The platform enables applicants to complete the entire financing process online, eliminating the need for extensive paperwork and physical visits.
Under the approved model, financing can be used to purchase business-related assets through an integrated marketplace available within the application. Once selected, the assets will be delivered directly to the registered addresses of borrowers, providing convenience and supporting business growth.
Women entrepreneurs benefiting from the scheme will have the option to repay the financing through equal monthly installments over a period of up to 12 months. This flexible repayment structure is expected to help small business owners acquire productive assets while maintaining healthy cash flow management.
The approval also represents an important expansion for Walee Financial Services, a licensed Non-Banking Finance Company (NBFC) that currently provides digital nano-financing services. With the launch of Khudmukhtar Khatoon, the company is extending its reach from consumer financing into the MSME sector.
The development highlights the growing role of lending NBFCs in Pakistan’s financial ecosystem. During the six-month period from July 2025 to December 2025, lending NBFCs collectively disbursed approximately Rs111 billion in financing to nearly 7.5 million micro and small businesses, demonstrating increasing demand for accessible digital financial solutions.
