Kissan Gudam & aik by BankIslami Launch KissanPay, Pakistan’s First Shariah-Compliant Agri-Fintech Platform

Kissan Pay, a unique Shariah-compliant platform merging agri-fintech and banking, was officially launched by Kissan Gudam and BankIslami at the Pakistan Agriculture Connections Expo 2026. The launch ceremony, organized by Kissan Gudam, saw attendance from prominent figures including Saleem Ullah, Deputy Governor of the State Bank of Pakistan, and Ahmed Umair, the Prime Minister's Coordinator on Agriculture and Food Security. The platform's debut involved the disbursal of its first financing to a farmer.

Kissan Pay, the brainchild of Kissan Gudam, backed by the Haji Sons Group, and BankIslami's aik, represents a ground-breaking initiative in Pakistan’s agricultural and financial ecosystem. The platform's core objective is to streamline the agricultural value chain, covering aspects from harvest to storage, financing, and liquidity.

By integrating Kissan Gudam's warehousing infrastructure and farmer network with BankIslami's Banking-as-a-Service framework and Shariah-compliant financing solutions, Kissan Pay empowers farmers to secure financing against their stored agricultural commodities, provided they meet certain eligibility and financing criteria.

Expressing gratitude for the initiative, the aik by BankIslami team acknowledged the support and endorsement from Deputy Governor Saleem Ullah, as well as the platform's potential to revolutionize Pakistan’s agricultural financing landscape. Ullah, in his remarks, commended the collaboration between fintechs, banks, and the agricultural sector, emphasizing the transformative potential of platforms like Kissan Pay.

Ashfaque Ahmed, Chief Officer at aik by BankIslami, highlighted the significance of embedding banking within economic activity ecosystems, leveraging digital infrastructure and BaaS capabilities to facilitate a more seamless, Shariah-compliant financing journey for the agricultural sector.

The event also drew senior officials from BankIslami, who reaffirmed the bank's dedication to fostering innovation and broadening access to digital, Shariah-compliant financial solutions for the agriculture sector. Anam Tahir, Kissan Gudam's Chief Technology Officer, underscored the platform's role in bridging the gap between fair pricing and distress sales for farmers, emphasizing that Kissan Pay enables farmers to transition from opening a bank account to receiving financing within minutes, rather than weeks.

This represents a pivotal step toward a comprehensive digital ecosystem where farmers can store, bank, borrow, and grow in a unified platform.

Kissan Pay aims to democratize agricultural finance by making it more accessible and digitally enabled, fostering a connected financial ecosystem for Pakistan’s agriculture sector. For farmers, the platform transforms the process of converting stored harvests into timely, Shariah-compliant finance, eliminating the need to sell under duress.