Pakistan: Salaam teams up with agri-food tech start-up

Source: Middle East Insurance Review | Oct 2023

Salaam Takaful has formed a partnership with Digital Dera, Pakistan’s first food security policy and rural technology innovation start-up, to advance the cause of financial inclusion.

The Islamic insurer will provide parametric-based crop takaful coverage to smallholder farmers connected with Digital Dera, reported Business Recorder.

This strategic collaboration reflects the shared vision of both entities to address the challenges faced by smallholder farmers, a vital yet often underserved segment of the population, said Digital Dera CEO and co-founder Fouad Riaz Bajwa.

Digital Dera aims to help smallholder farmers and rural communities to access critical climate-resilient and smart agricultural inputs and integrate digital innovations that address pressing challenges in the agri-food value chain. Digital Dera connects stakeholders to farming inputs such as climate-smart digital agricultural technology and input resources that improve crop yields. M

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