ShokranPay Inc.

Shokran was founded in 2023 as the first Islamic payment system for SMEs in Canada, holding a licensed MSB status and pioneering Sharia‑compliant business banking. By late 2024, the team had grown to over 50 professionals, secured a Money Broker and Payment Service Operator license in Labuan, and expanded globally. With more than 100 clients and handling over $10 million in monthly transactions, Shokran is rapidly transitioning into a full-fledged Islamic Neobank. Our platform is built on ethical finance, seamless cross‑border transfers, multi‑currency accounts, and instant onboarding - especially designed for fast‑growing SMEs and digital entrepreneurs across MENA and Southeast Asia.