Pakistan’s ABHI, UAE’s Al Fardan Exchange launch salary advance service for migrant workers

The picture released on October 21, 2025, shows co-founder and CEO of Abhi Middle East Limited, Omar Ansari (right) and CEO of Al Fardan Exchange, Hasan Fardan Al Fardan, signing agreement to launch salary advance service for migrant workers in Abu Dhabi, UAE. (OGZ Digital)
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Updated 21 October 2025
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Pakistan’s ABHI, UAE’s Al Fardan Exchange launch salary advance service for migrant workers

  • New initiative lets UAE Wages Protection System customers access up to 50 percent of earned income
  • Fintech-exchange partnership aims to promote financial inclusion for underbanked expat workers

KARACHI: Pakistan-origin fintech ABHI has partnered with the UAE’s Al Fardan Exchange to launch a salary-advance service that allows migrant workers to access up to half of their earned income before payday in a move designed to improve cash-flow flexibility for millions of expatriates, the companies said on Tuesday. 

The collaboration, the first of its kind between a Pakistani fintech and a UAE exchange house, seeks to boost financial inclusion across the Gulf by offering underbanked and unbanked workers digital access to short-term liquidity. The service, available through AlfaPay, Al Fardan Exchange’s app and its network of more than 90 branches, combines ABHI’s earned-wage-access technology with Al Fardan’s long-established remittance infrastructure.

ABHI, founded in 2021 and backed by Hub71 and the Abu Dhabi Investment Office (ADIO), operates across the GCC and has processed more than $500 million in transactions through partnerships with over 5,000 companies. 

“The launch of Salary Advance is a milestone in our mission to champion financial inclusion and deliver solutions that truly make a positive impact on people’s lives,” said Hasan Fardan Al Fardan, CEO of Al Fardan Exchange. “By giving customers the ability to access their wages early, we are empowering them with financial flexibility and the means to support their families anytime.”

Omar Ansari, Co-founder and CEO of Abhi Middle East Limited, added: “This partnership with Al Fardan Exchange is not just a partnership but a transformation in how workers experience financial autonomy. By becoming the first exchange in the UAE to go live with ABHI’s earned-wage-access, we are redefining the way income and remittances work for millions of expatriates.”

Together, the two companies say the initiative will reshape how low-income earners manage wages and remittances, strengthening household resilience and setting a benchmark for inclusive, technology-driven financial services across the region.

With around 1.8 million Pakistani expatriates living and working in the UAE — one of the largest expat communities in the Gulf — the new salary advance program could bring significant benefits. 

Many of these workers are employed in low- and middle-income sectors and rely on monthly remittances to support families back home. By giving them access to earned wages before payday, the initiative is expected to reduce reliance on informal borrowing, prevent debt cycles, and enable more timely remittances to Pakistan, where foreign inflows from overseas workers are a crucial source of national income.


Ramadan tests Pakistan’s daily wage workers but faith endures

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Ramadan tests Pakistan’s daily wage workers but faith endures

  • Reduced work hours during fasting month cut already fragile incomes
  • Charities, local businesses step in as laborers try to support families back home

ISLAMABAD: Abdul Waqif grips a worn-out shovel and digs into the earth beneath the harsh midday sun, his body bent with age but still moving steadily. Moments later, the 70-year-old hoists a heavy bag of cement onto his shoulders and carries it toward an under-construction house, all while fasting.

For Waqif and thousands of daily wage laborers across Pakistan, Ramadan is not just a month of spiritual devotion. It is also a month of shrinking incomes.

Waqif migrated from Mohmand tribal district in northwestern Pakistan to Islamabad two decades ago in search of work. Like many laborers from rural and former tribal areas, he left behind limited local opportunities to earn a living in larger cities such as Islamabad, Lahore and Karachi.

In Pakistan, daily wage workers, particularly in construction and manual labor, are among the most economically vulnerable. They are paid only for days worked, receive no job security or benefits, and often rely on informal arrangements. Any slowdown in economic activity directly affects their ability to feed their families.

Economic activity typically slows during Ramadan, when Muslims fast from dawn to sunset. Employers often reduce work hours or postpone physically demanding projects to ease the burden on fasting workers. While intended as a gesture of consideration, it means fewer working hours and fewer earnings.

For laborers such as Waqif, who earns between Rs1,000-1,200 [$3.59-4.31] per day, even a slight reduction in work can be devastating.

His suhoor, the pre-dawn meal before fasting begins, usually consists of a few chapatis from a nearby hotel. The hunger and thirst that follow him through the day are constant companions as he lifts bricks and mixes cement in the heat.

But so is his faith.

“Allah gives me courage. I am hungry and thirsty, but I keep working,” Waqif said while wiping the sweat off his brow.

Back in Mohmand district, his wife, four daughters and two sons depend on the money he sends home. Every rupee matters.

“I support them with this work,” Waqif said. “I eat three meals a day here and I also have to save money for my children and send it to them.”

The reduction in work during Ramadan weighs heavily on him.

“I don’t find much work in Ramadan, and I’m worried for my family,” Waqif said.

‘HONEST LIVING’

Finding food for suhoor is sometimes a challenge. On some mornings, someone offers him a piece of flatbread. Other times, he buys what little he can afford from a nearby eatery.

Muhammad Sajid, owner of Al-Hadi restaurant in Islamabad’s G-15 sector, says he tries to ease that burden by offering meals to laborers at half price.

“We don’t let anyone go hungry,” Sajid told Arab News. “We offer sehri and iftar as much as anyone can afford.”

The restaurant serves tea, yogurt, several types of curries and parathas.

Charity groups also expand operations during Ramadan, when community support traditionally increases. The Junaid Welfare Foundation runs a roadside dastarkhwan, or communal meal spread, serving hundreds daily.

Haq Rawan Shareefi, a manager at the foundation, said around 500 people are provided iftar meals each day. The cost of one person’s iftar is Rs200 [$0.72].

“That means, on iftar and sehri, our expenses range from Rs150,000 [$538.97] to Rs200,000 [$718.63],” Shareefi said.

For Waqif, breaking his fast at sunset brings temporary relief from the physical strain of the day. But the financial uncertainty remains.

“I ask Allah for this,” he said. “May Allah give me strength to earn honest living for my children.”