KARACHI: ABHI, the region’s neobank of the future, has announced that its Early Wage Access (EWA) product has received Sharia approval from the Shariah Committee of Badiha Company in Saudi Arabia, a statement said on Tuesday.
ABHI said the approval reflects the alignment of its EWA solution with Sharia principles and reinforces the company’s focus on building financial products that combine technology, accessibility, and responsible financial practices.
Through Abhi’s EWA solution, employees can access a portion of their earned salary before their regular payday, giving them greater flexibility in managing their financial needs without having to wait for the traditional salary cycle. By providing access to wages that employees have already earned, Abhi aims to give individuals greater control over their income and support their overall financial well-being.