Minhaj University Lahore (MUL) has signed a Memorandum of Understanding (MoU) with Edufi Financial Services Private Limited. The MoU was signed by Prof. Dr. Sajid Mehmood Shahzad, Vice Chancellor of MUL, and Aleena Nadeem, Founder and CEO of Edufi. Talal Mujtaba Hadir represented Edufi, while MUL was represented by Dr. Khurram Shahzad, Registrar, Abdul Rehman, Treasurer, and Zia Ullah Nazi, Deputy Treasurer. This collaboration introduces Edufi's "Study Now, Pay Later" program, allowing students to pay for their education through subsidized monthly installments. Additionally, Edufi offers a free student management system to academic institutions.