Walee Financial Services’ Hakeem clinches Emerging FinTech Award at SFF 2024

Historic win for Pakistan’s fintech sector as Hakeem’s pioneering Islamic nano-financing solution garners global recognition
Published November 9, 2024

On November 7, 2024, Walee Financial Services proudly announced that its fintech innovation, Hakeem, won the Emerging FinTech Award at the 2024 Singapore FinTech Festival (SFF) Excellence Awards.

This prestigious recognition, awarded by the Monetary Authority of Singapore (MAS), in partnership with PwC Singapore and the Singapore FinTech Association (SFA), highlights Hakeem as a powerful driver of financial inclusion through its unique approach to nano financing.

Hakeem’s milestone: Paving the way for ethical innovation in global fintech

As the sole representative from Pakistan among a distinguished group of global finalists, Hakeem’s victory marks a significant achievement for Pakistan’s fintech sector and showcases its potential on the global stage. Hakeem is the world’s first Shariah-compliant nano-financing app, offering underserved communities ethical and accessible shariah-compliant financial solutions. By adhering to a Shariah-compliant trading model, Hakeem empowers individuals, helping them unlock financial empowerment in a manner that is both inclusive and responsible.

Shaping the future of finance: Walee Financial Services triumphs at SFF

“Winning the Emerging FinTech Award at the Singapore FinTech Festival is a proud achievement for Walee Financial Services and for Pakistan,” said Noshad Minhas, CEO of Walee Financial Services.

“This award validates our mission to deliver impactful, Shariah-compliant financial solutions that promote financial empowerment and financial inclusion,” said Waqas Ramzan, Head of Operations at Hakeem.

“Hakeem is more than a product—it’s our promise to build financial independence and dignity for those that need it most,” added Khushba Hayat who is Partner Business Development and Investments at Walee Financial Services.

Here is the link to the Monetary Authority of Singapore (MAS) announcement of the finalists for the 2024 SFF Excellence Awards: MAS’ finalists announcement for SFF Excellence Awards.

The application, Hakeem Easy Finance, is available on Android and App Store.

About Walee Group

Walee Financial Services, a subsidiary of Walee Technologies, operates as a licensed non-banking financial company offering investment finance services. The fintech company is committed to providing innovative financial solutions, particularly in the realm of Islamic finance. Through its digital Islamic nano financing product, Walee Financial Services aims to make ethical financial support more accessible to individuals and small businesses.

By embracing cutting-edge technology and staying aligned with Islamic principles, Walee Financial Services plays a key role in financial inclusion. It is also dedicated to contributing to sustainable economic development in Pakistan, creating a pathway for empowered communities to thrive.

For further information about Walee and its financial services, please visit www.hakeem.tech.


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