{"id":20777,"date":"2025-06-19T14:10:10","date_gmt":"2025-06-19T14:10:10","guid":{"rendered":"https:\/\/gsrra.com\/?p=20777"},"modified":"2025-09-23T13:07:34","modified_gmt":"2025-09-23T13:07:34","slug":"raqami-islamic-digital-bank-and-haball-join-hands-to-launch-shariah-compliant-embedded-finance-for-pakistans-sme-sector","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=20777","title":{"rendered":"Raqami Islamic Digital Bank and Haball join hands to launch Shariah compliant embedded finance for Pakistan\u2019s SME sector"},"content":{"rendered":"\n

SMEs benefit from the partnership by gaining access to capital and growth without compromising their values<\/em><\/strong><\/p>\n\n\n\n

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In a major milestone for Pakistan\u2019s digital financial ecosystem, Raqami Islamic Digital Bank<\/a>, the country\u2019s first Islamic digital bank, has partnered with Haball<\/a>, a pioneering fintech focused on B2B supply chain digitisation, to roll out Shariah-compliant, embedded supply chain financing targeted at addressing key pain points of small and medium enterprises (SMEs).

By embedding Islamic financing options directly within the corporate\u2019s existing supply chain workflows, the platform provides SMEs access to collateral-free liquidity based on their receivables and purchase orders\u2014without the friction of traditional financing applications and pledging of assets.

The partnership responds to a critical national need: despite contributing over 40% to GDP and employing the majority of the workforce, over 90% of Pakistan\u2019s SMEs remain financially underserved.<\/p>\n\n\n\n

Through this partnership, Raqami\u2019s<\/a> SME customers will be able to use Haball\u2019s
platform to operationalise a digitally native finance model that empowers SME businesses with access to working capital, precisely when and where it\u2019s needed\u2014within existing business workflows.

This initiative supports a cornerstone of the State Bank of Pakistan\u2019s financial inclusion roadmap and promotes innovation and digitisation in the sphere of Supply Chain Finance.

Key features of the Raqami – Haball partnership entail:<\/p>\n\n\n\n