Startup profile · Pakistan

Qist Bazaarqistbazaar.pk

A Pakistan-based Shariah-compliant buy now, pay later and installment-commerce company connecting consumers with electronics, appliances, motorcycles and household products while extending access to structured payment plans.

ActiveSeries ABNPL and installment commerceShariah-compliant financeConsumer financeMarketplaceFinancial inclusionFintech
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Observed signals

Technology stack

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Products

Commerce portfolio

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Capital

Funding rounds

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Privately placed SukukPKR 500 million

2 September 2026

First tranche in a planned Sukuk series; debt and capital-markets financing, not equity.

Source: Business Recorder ↗
Series AApproximately PKR 800 million

14 February 2025

Bank Alfalah added PKR 55 million in equity and separately provided a PKR 460 million debt facility.

Source: Business Recorder ↗
Strategic equity investmentPKR 140 million

5 May 2023

Bank Alfalah agreed to acquire a 7.2% stake; a separate embedded financing agreement covered up to PKR 350 million.

Source: Bank Alfalah ↗
Capital network

Published investors

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Alfalah Shariah Private Financing Fund-ISubscribing investment vehicle · Privately placed Sukuk
Corporate activity

Acquisitions

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Leadership

Published team

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Co-founder and CEO

Arif Lakhani

Publicly identified as Qist Bazaar co-founder and chief executive.

Source: Business Recorder ↗
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