Hakeem Easy Finance to Digitally Enable DIB Pakistan’s Sharia Process for Personal Finance
Hakeem Easy Finance, powered by Walee Financial Services (WFS), has signed a strategic
partnership with DIB Pakistan to digitize and modernize the bank’s Sharia process for its
personal finance portfolio. Under the Memorandum of Understanding (MoU), WFS will serve as
the digital infrastructure partner, facilitating the transition of DIB Pakistan’s personal finance
Sharia operations from a largely manual structure to a streamlined, technology-driven
framework.
This collaboration introduces a digitally managed Sharia execution model aimed at reinforcing
procedural integrity, improving documentation discipline, and enabling structured, real-time
oversight. By integrating Hakeem’s embedded digital infrastructure, DIB Pakistan will operate
within a controlled, automated environment designed to enhance operational accuracy while
upholding strong governance and compliance standards.
Dubai Islamic Bank has been a pioneer in providing Shariah-compliant personal finance
solutions to customers facing urgent financial needs, including medical emergencies, education
costs, marriage expenses, and other significant life events. The bank has served more than
50,000 customers to date, with approximately PKR 10 billion disbursed through its Shariah-
compliant personal finance offerings — ensuring timely access to funds without compromising
faith-based financial values.
Commenting on the partnership, Noshad Minhas, CEO of WFS, stated,
“This collaboration demonstrates the maturity of Islamic Fintech-as-a-Service (IFaaS), enabling institutions to preserve robust governance while benefiting from digital precision and scalable compliance.”
Muhammad Ali Gulfaraz, CEO of DIB Pakistan, added,
“This partnership reflects disciplined modernization 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.”
From a customer perspective, the integration is expected to accelerate turnaround times,
simplify documentation processes, increase transaction-level visibility, and enhance overall
servicing through interconnected digital systems.
For the Islamic finance ecosystem, the initiative represents a progressive model, illustrating
how regulated Islamic banks and fintech enablers can work together to modernize operational
processes in a responsible and scalable manner.
This partnership signals a forward-looking shift in Islamic retail finance, where technology
strengthens governance frameworks and supports sustainable, transparent growth across the
industry.
