The Securities and Exchange Commission of Pakistan (SECP) has approved a new digital financing product, “Khud Mukhtar Khatoon” (Independent Woman), aimed at expanding financial access for women entrepreneurs and supporting women-owned businesses across the country.

The new Shariah-compliant financing facility will be introduced by Walee Financial Services and will provide women with asset financing ranging from Rs100,000 to Rs1.5 million.

The financing can be used to purchase machinery, equipment and other business assets, enabling women entrepreneurs to expand or establish their businesses.

The product is fully digital, allowing applicants to apply through the Hakeem mobile application without visiting a physical branch. Approved financing will be repaid in equal monthly installments over a one-year period.

According to the SECP, promoting women’s financial inclusion and economic empowerment remains one of the regulator’s key priorities. The initiative is expected to improve access to formal financing for women-led micro and small businesses.

The regulator also shared that lending Non-Banking Finance Companies (NBFCs) disbursed Rs111 billion in financing between July and December 2025, benefiting nearly 7.5 million micro and small businesses during the six-month period.