ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Friday approved Shaamilkar Tajir, a digital application offering Shariah-compliant financing of up to Rs3 million to eligible small businesses. Developed by SECP-licensed Shaamilkar Financial Services, the application will enable micro- entrepreneurs to purchase inventory from approved suppliers through a simpler and faster digital process, said a news release. The initiative aims to bring underserved businesses into the formal credit system and help them expand their operations. DNA
