The distribution agreement between Kashf Foundation and Standard Chartered Bank is a significant stride in the financial sector." Maheen Rahman, CEO, Infrazamin said: "We are excited to part of the first Gender Bond transaction in Pakistan and grateful to Kashf Foundation for their pioneering vision towards their long history of enabling women empowerment. As a country which sits near bottom of the Gender Equity Index this transaction marks a significant leap forward in raising commercial capital directed to female empowerment and financial inclusion and represents an important milestone in the development and growth of the capital market."