KARACHI: DIB Pakistan has signed a strategic partnership with Hakeem Easy Finance by Walee Financial Services (WFS) to digitise its Sharia process for personal finance portfolio, a statement said on Friday.
The memorandum of understanding (MoU), signed by the leadership of both institutions, appoints WFS as the digital infrastructure partner for transitioning DIB Pakistan’s personal finance sharia operations from a traditional framework to a structured, technology-enabled model.
Through this partnership, DIB will be able to serve customers more efficiently and swiftly and in a well-controlled digital environment, while further strengthening its leadership in the Shariah-compliant personal finance space.
Muhammad Ali Gulfaraz, CEO of DIB Pakistan, said, “This partnership reflects disciplined modernisation in Islamic finance. By embedding technology within a rigorously supervised framework, we are strengthening governance, enhancing transparency, and reinforcing authentic shariah-based principles at scale.”
Dubai Islamic Bank is the first bank in the industry that offers Sharia-compliant personal finance to customers at the time when they require immediate liquidity for their dire needs, such as medical emergencies, education expenses, marriage and other major life events.
To date, DIB has successfully served over 50,000 customers, disbursing approximately Rs10 billion through Sharia-compliant personal finance solutions, ensuring customers have access to funds when they need them most, without compromising their faith-based financial principles.
