JazzCash, in partnership with Salaam Family Takaful Limited, has introduced Salaam Investments, a Sharia-compliant investment solution designed to help its 13 million monthly active app users invest and earn profits. The service allows customers to build their finances through Shariah-based investment portfolios, set financial goals, and earn daily profits.
Users can track their progress and withdraw funds as needed, with the added benefit of accidental insurance coverage once 20% of their investment goal is achieved. The app emphasizes transparency by displaying profits during goal setting, ensuring a user-friendly and trustworthy experience.
Murtaza Ali, President of JazzCash, emphasized that this initiative is part of Pakistan’s broader push towards greater financial inclusion. He noted that investments provide individuals with the means to manage economic challenges, invest in their futures, and improve their overall quality of life. Through Salaam Investments, JazzCash aims to offer accessible, transparent financial solutions to underserved communities, empowering individuals to align their financial goals with their values.