Allied Bank entered into a strategic partnership with Haball, a leading provider of digital supply chain solutions, to launch an innovative Digital Supply Chain Islamic Finance Product in Pakistan. The partnership was formalized in a ceremony at Allied Bank’s Head Office in Lahore, attended by Mr. Shahid Amir – Chief Islamic Banking, Mr. Mohsin Mithani – Chief Digital Banking Group, Mr. Muhammad Zaman – Group Head Digital Banking Group at Allied Bank, and Mr. Omer Bin Ahsan – CEO Haball (Pvt) Limited, along with senior executives from both organizations.
This collaboration will provide Allied Bank’s corporate clients and SMEs with access to Haball’s innovative digital financing solutions, ensuring a fast, transparent, and secure financing process. The platform enables businesses to enhance cash flow and optimize working capital, streamlining the entire financing journey.
Mr. Mohsin Mithani, Chief Digital Officer at Allied Bank, highlighted the importance of the partnership, stating, “This collaboration is a major milestone in our efforts to drive digital innovation in Pakistan’s supply chain finance sector. Allied Bank remains committed to delivering value-added solutions that help our clients thrive in an increasingly digital world.”
“Pakistani supply chains are predominantly driven by SMEs, and they face substantial challenges in accessing liquidity and financing. This collaboration will help businesses fulfill their financial needs in a timely manner, in line with the seasonal demands of the market, and in a Shariah-compliant manner,” said Omer Ahsan, CEO of Haball.
About Allied Bank
Allied Bank is one of the leading commercial banks in Pakistan, providing a wide range of banking services to individuals, businesses, and corporate clients. With a strong focus on digital innovation, the bank aims to enhance customer experience and support economic growth in Pakistan.
About Haball Pvt Limited
Haball is a digital financial services solutions provider in Pakistan, specializing in facilitating efficient and transparent supply chain financing. By offering end-to-end visibility and innovative tools for businesses, Haball is helping SMEs and large enterprises access timely and secure financing, driving growth and digital transformation across industries.