Wateen Telecom, Pakistan’s leading ICT and digital solutions provider, has entered into a strategic partnership with Akhuwat Foundation, a non-profit organization and one of Pakistan’s most distinguished microfinance institutions, to architect and implement an Agentic AI-powered, Smart Loan Automation platform that will establish a new standard for interest-free microfinance across the country.

The partnership contract was officially signed by Dr. Kamran Shams, CEO, Akhuwat Foundation, and Mr. Adil Rashid, CEO, Wateen Telecom. Dr. Muhammad Amjad Saqib, Founder, Akhuwat Foundation, was also present at the ceremony along with senior representatives from both organizations.

Built on a shared commitment to purpose-led innovation, the collaboration brings together Wateen’s extensive expertise in advanced AI engineering, workflow intelligence, enterprise system architecture, and large-scale digital solutions with Akhuwat Foundation’s mission to expand financial inclusion with dignity and compassion. The Smart Loan Automation platform will support Akhuwat’s digital transformation journey and strengthen operations across the lending lifecycle.

Speaking at the ceremony, Dr. Muhammad Amjad Saqib, Founder, Akhuwat Foundation, stated: “At Akhuwat Foundation, we believe that to serve more people effectively, our systems must evolve alongside our mission. By collaborating with Wateen, we are taking a meaningful step toward setting a new standard in the microfinance sector. This platform is designed to improve transparency and decision accuracy across the lending lifecycle, so that more people can have access with ease and confidence.”

Mr. Adil Rashid, CEO, Wateen Telecom, also shared his thoughts: “Wateen has always believed in anchoring technology with purpose to build a more digitized and empowered Pakistan. This partnership with the Akhuwat Foundation reflects our shared commitment to digital transformation. Together, we will shape a future-ready microfinance ecosystem that not only expands equitable access to financial services but also strengthens communities across Pakistan.”

Over the years, Akhuwat Foundation’s work has reached millions of individuals and families, contributing to greater economic resilience and social stability. Through the Smart Loan Automation platform, the foundation is further strengthening its ability to support inclusive financial access and advance long-term national economic progress.

This partnership further cements Wateen as a leading provider of enterprise-grade digital transformation solutions that fortify social and financial infrastructure at scale. By enabling Akhuwat Foundation’s transformation journey, Wateen is contributing to the development of a more resilient and scalable microfinance system – one that can adapt to growing demand while providing meaningful financial support to communities across Pakistan.