Meezan Bank, in collaboration with fintech platform Haball, has announced a major expansion of the Wisaaq digital supply chain financing platform through a new Murabaha-based facility with Dawlance, Pakistan’s leading home appliance manufacturer. The initiative enables Dawlance’s nationwide distributor network to access instant, fully digital, and Shariah-compliant financing for inventory procurement directly from the manufacturer.
The new facility is designed to improve distributor liquidity, accelerate inventory turnover, and streamline supply chain operations. By digitising the financing process, Wisaaq removes manual reconciliation and lengthy approval cycles, offering distributors a transparent, data-driven, and efficient financing experience aligned with real-time business needs.
The signing ceremony brought together senior leadership from all three organisations, including Meezan Bank Deputy CEO Dr Syed Amir Ali, Dawlance Pakistan CEO Umar Ahsan Khan, and Haball CEO Omer Bin Ahsan. Executives highlighted that Dawlance’s extensive distribution footprint requires financing solutions that move at market speed, a gap the Wisaaq platform is designed to address.
The collaboration underscores Meezan Bank’s broader strategy of embedding Shariah-compliant finance within real economic activity, while demonstrating that Islamic supply chain financing can be modern, scalable, and technology-led. For Dawlance, the programme is expected to strengthen distributor confidence, support faster response to market demand, and enable sustainable growth across Pakistan’s consumer appliance sector.
