Insights Categories: Experience

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ABS & Co advises Yango on fintech and buy now pay later product offerings in Pakistan

ABS & Co is advising Yango on the structuring, launch, and regulatory assessment of its proposed Buy Now, Pay Later and fintech product offerings in Pakistan. The mandate includes a comprehensive review of the applicability of the non-banking financial company regulatory regime, digital lending and consumer finance laws, payment systems regulations, foreign exchange considerations, and consumer protection requirements.

ABS & Co advises on cross border technology partnership within Pakistan’s Special Technology Zone framework

ABS & Co is advising on a significant cross-border technology engagement relating to the entry of an international technology-focused enterprise into Pakistan’s Special Technology Zone landscape within Silicon Village, Capital Smart City, Islamabad. The engagement involves the structuring and negotiation of a comprehensive partnership framework between an international group and Future Developments Holdings (Private) Limited through its designated project vehicle responsible for the development, management, and operation of Silicon Village.

Development of nano-lending product for digital platform

ABS & Co has successfully advised on the development and structuring of a nano-lending product designed for deployment through a digital platform. The mandate involved the creation of a high-frequency, low-ticket credit product featuring tiered APRs linked to loan tenor and credit limits. The engagement was critical in balancing risk-based pricing with consumer protection standards and regulatory compliance within Pakistan’s rapidly evolving digital lending landscape.

ABS & Co advises on healthcare and academic partnership in the Capital Smart City joint venture

ABS & Co advised Habib Rafiq Engineering (Private) Limited (“HRL”), in relation to a landmark Joint Venture Agreement executed with the Prime Institute of Health Sciences (“PIHS”). This strategic collaboration establishes a comprehensive framework for the operation of advanced healthcare facilities and the phased rollout of allied health sciences education within Capital Smart City.

ABS & Co advises on regulatory aspects for proposed gold-backed lending model

ABS & Co has advised on the banking and financial aspects of a proposed “Gold Bank” model in Pakistan. The mandate involved the structuring of a framework for the acceptance of gold as an investable asset, the issuance of investment instruments, profit-sharing return mechanisms, and gold-backed lending arrangements.

Shariah-compliant “Musawammah” structure for digital BNPL lending

ABS & Co has successfully advised on the development and structuring of a Shariah-compliant “Musawammah” product for digital Buy Now, Pay Later (BNPL) lending. This mandate was designed for deployment through fintech and digital platforms, requiring a sophisticated reconciliation of Islamic financing principles with modern digital lending mechanics. The engagement was critical in ensuring alignment with SECP regulatory frameworks, consumer protection standards, and evolving BNPL regulations in Pakistan.

ABS & Co advises on cross-border investment in Uzbekistan

ABS & Co advised Habib Rafiq Engineering (Private) Limited (“HRL”) in relation to a proposed large-scale development initiative and international project within the Republic of Uzbekistan. Acting as legal counsel, our role required the structuring of a robust Letter of Intent (LOI) to facilitate the participation of a group of Korean companies within an international consortium to be led and coordinated by HRL.

ABS & Co secures amicable settlement in major commercial dispute

ABS & Co advised a foreign client in a high-stakes commercial dispute characterized by a significant history of contentious litigation. While the matter involved a substantial monetary claim and complex legal positioning, our strategic analysis identified that continued pursuit of the case through the judicial system would likely result in an additional three to five years of protracted court proceedings.

SRO 45(I)/2015 successfully defended under the Works of Defence Act before Lahore High Court

ABS & Co successfully defended the vires of SRO 45(I)/2015 dated 07.01.2015, issued under the Works of Defence Act 1903, before the Lahore High Court, Rawalpindi Bench. Several landowners had challenged the legality of the SRO, which was promulgated to ensure the security and safety of areas surrounding notified works of defence. The petitioners relied on various High Court judgments, including PLD 2008 Islamabad 37, PLD 2018 Lahore 295, and 2021 CLC 1378, to support their claims.

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