Walee Financial Services is thrilled to announce that its innovative fintech product, Hakeem, has won the Emerging FinTech Product Award at the 2024 Singapore FinTech Festival (SFF) Excellence Awards.

This award, presented by the Monetary Authority of Singapore (MAS) in collaboration with PwC Singapore and the Singapore FinTech Association (SFA), celebrates Hakeem's role in driving financial inclusion with its unique approach to nano financing.

As the sole representative from Pakistan among a distinguished group of global finalists, Hakeem's recognition highlights the country's growing fintech potential. Hakeem stands out as the world's first Shariah-compliant nano-financing app, designed to provide ethical financial solutions to underserved communities.

Built on a Shariah-compliant trading model, it offers users access to financial empowerment and opportunities that align with their values, making financial independence more accessible and responsible.

"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, Investments at Walee Financial Services.

Here is the link to the announcement of the finalists for the 2024 SFF Excellence Awards by MAS: MAS Announces Finalists for the 2024 Global FinTech Hackcelerator and FinTech Excellence Awards