Technology Overview
Using a service consumers are not compromising on religion and ethical values because its Shariah complaint. The product is mobile app and Visa debit card for money transfers, payments, PFM, halal investments and marketplace. The target market is 740 mln, people in 20 countries.
The problem is that there is no existing Shariah complaint only digital solution for individuals for consumer banking. The solution is a digital Islamic neo bank that provide day-to-day finance for modern Muslims. The technology is solving it.
Technology Features and Specifications
Mobile app, core banking system, processing, payments:
- 3 min. remote onboarding;
- remote KYC & remote AML;
- money remittances & personal finance management;
- halal market place & halal investments;
- digital spiritual service for Muslims.
Customer Benefits
The value proposition is simple and Halal means that customers have all state of art banking services but Shariah complaint.