PMIC Launches Shariah-Compliant Financing Suite

PMIC Launches Shariah-Compliant Financing Suite, Inks PKR 100 Million Deal with SAFCO Microfinance Company

October 3, 204 – Pakistan Microfinance Investment Company (PMIC) has announced the launch of its new Shariah-compliant suite of financing products, expanding its offerings beyond conventional microfinance wholesale financing. This initiative includes key Islamic finance instruments such as Mudarabah and Musharakah, which will now be available to all of PMIC’s borrowing institutions. These products are […]

SAFCO Microfinance Company and Sindh Insurance Limited Partner to Launch Universal Accident and Social Benefit Scheme

SAFCO Microfinance Company and Sindh Insurance Limited Partner to Launch Universal Accident and Social Benefit Scheme

Karachi, Pakistan – In a pioneering move, SAFCO Microfinance Company (Private) Limited (SMCL) has signed a Service Level Agreement (SLA) with Sindh Insurance Limited, a subsidiary of the Sindh Government, to introduce the Universal Accident and Social Benefit Scheme (UAISB). This initiative is a first for SMCL and aims to provide extensive benefits to its […]