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Al-Mawakhat Microfinance - AMCL

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Pakistan

Founded in

2022 (3 Years)

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Get to know Al-Mawakhat Microfinance - AMCL

Al-Mawakhat Micro-Finance Company Ltd. (AMCL) is an unlisted public limited company licensed by the Securities and Exchange Commission of Pakistan (SECP) to operate as a non-banking microfinance company. Commencing its operations in April 2017, AMCL's core mission is rooted in the Islamic concept of "Mawakhat" (brotherhood), aiming to alleviate poverty by providing interest-free financial access (Qarz-e-Hasna) to the poor and underserved. The company focuses on empowering individuals to achieve financial independence and improve their quality of life through Shariah-compliant micro-credit facilities.

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