The Securities and Exchange Commission of Pakistan has issued an Investment Finance Services licence to Alif Finance (Private) Limited, authorising it to operate as a Non-Banking Finance Company under the applicable regulatory framework. Alif Finance is a wholly owned subsidiary of Alif Capital Holdings, which has operations in Tajikistan and Uzbekistan through Alif Bank and Alif Tech. The firm’s model in Pakistan centres on Shariah-compliant digital and conventional lending, with a focus on small and medium-sized enterprise financing and Buy Now Pay Later solutions. SECP positioned the approval as part of its wider agenda to facilitate reputable foreign institutions investing in Pakistan and to strengthen and diversify the NBFC sector by admitting well-structured, innovation-oriented companies.
Securites & Exchange Commission of Pakistan 2025-07-23
Securities and Exchange Commission of Pakistan licenses Alif Finance as a non-banking finance company
The Securities and Exchange Commission of Pakistan has granted an Investment Finance Services licence to Alif Finance (Private) Limited, allowing it to operate as a Non-Banking Finance Company. Alif Finance, a subsidiary of Alif Capital Holdings, focuses on Shariah-compliant digital and conventional lending in Pakistan. This approval aligns with SECP's strategy to attract reputable foreign investment and enhance the NBFC sector's diversity.