The Securities and Exchange Commission of Pakistan (SECP) has introduced a new digital financing facility to support women-owned businesses, offering Sharia-compliant asset financing for machinery, equipment and business assets.
The SECP has approved a new financing product named “Khudmukhtar Khatoon” to help meet the financial needs of women entrepreneurs.
The facility has been designed specifically for women-owned small businesses, enabling them to access financing in a fully digital and Sharia-compliant manner.
Women can get financing of up to Rs1.5m
Under the new product, women entrepreneurs will be able to obtain asset financing of up to Rs1.5 million.
The financing will be available for the purchase of machinery, equipment and other business assets needed to expand or strengthen small enterprises.
According to the SECP announcement, women will be able to apply for financing through the mobile app “Hakim.”
The product will be introduced by Wali Financial Services, making the process accessible through a digital platform without traditional paperwork hurdles.
Repayment in monthly installments
The financing amount will be repayable in equal monthly installments over a period of one year.
This structure is aimed at helping women entrepreneurs manage repayments while using the financed assets to grow their businesses.
An SECP spokesperson said promoting women’s financial inclusion and business autonomy is a priority.
The commission said the new facility is part of efforts to support women entrepreneurs, improve access to formal financing and encourage business independence.
