The MFS provider, Islamic Wallet, operates under the authority of Al-Arafah Islami Bank Limited, and it was launched in December 2013. Islamic Wallet is the second Sharia-based MFS provider in the country. The primary goal of the MFS provider is to strictly maintain Shariah banking laws, rules, and regulations and offer services accordingly. To offer its users a mobile banking system that ensures the best use of their money, Islamic Wallet provides services such as fund transfer, cash-in, cash-out, bank account management, bill payment, airtime recharge, paying insurance premiums and loan installments, tuition fee payment, and so on. Moreover, to ensure full compliance with Shariah law, a highly regarded Shariah Supervisory Council is involved.