Karndaaz Pakistan wins the award for “Most Innovative Business” at the Pakistan Banking Awards

Jan 12, 2021

Karandaaz Pakistan won the award for the Most Innovative Business 2020. The award was announced by Pakistan Banking Awards in a ceremony held in Karachi on the 9th of January, 2020.

Maheen Rahman appointed as CEO of first-of-its-kind, PKR 12.4bn credit enhancement facility InfraZamin Pakistan

Dec 7, 2020

Following an extensive search and competitive selection process, the stakeholders of InfraZamin Pakistan, namely Karandaaz Pakistan, and the Private Infrastructure Development Group (PIDG) companies InfraCo Asia Investments and GuarantCo, have appointed Ms Maheen Rahman as the company’s Chief Executive Officer.

Karandaaz Digital Experiments Supporting Innovation in Digital Financial Services

Nov 30, 2020

Karandaaz Pakistan with the support of Bill & Melinda Gates Foundation (BMGF) and UK’s Foreign, Commonwealth and Development Office (FCDO) is running a Digital Experiments Program to support the digital financial service (DFS) players.

InfraCo Asia Investments and Karandaaz establishes first-of-its-kind infrastructure credit enhancement facility InfraZamin Pakistan

Islamabad | Nov 9, 2020

Pakistan: InfraZamin Pakistan is an innovative, for-profit credit enhancement facility funded with equity capital from InfraCo Asia Investments and Karandaaz Pakistan, provided by the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO).

Karandaaz Pakistan launch the 2nd round of “Karandaaz Financial Inclusion of Women Challenge”

Islamabad | Oct 8, 2020

Karandaaz Pakistan has launched the second round of its annual challenge titled, Karandaaz Financial Inclusion of Women Challenge on 8th October, 2020 in Islamabad. Karandaaz Pakistan has invited applications in two categories to support businesses that not only create financial products but also from the businesses that enable women consumers to adopt Financial Services. The proposed solutions may be in any area within the two defined categories. 

UK financing the Production of Breathing Devices in Pakistan through Karandaaz partnership with Meezan Bank

Sep 30, 2020

United Kingdom through Karandaaz’s Risk Participation Facility with Meezan Bank, Pakistan’s first and largest Islamic bank is financing the development and production of a High Flow Nasal Oxygen (HFNO) device, which can also be used as a Continuous Positive Airway Pressure (CPAP) device, by Alsons Group, Pakistan’s premier precision engineering company.

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