Fintech · In development

Nuqsaf

Halal, Riba-free banking for the global Muslim diaspora.

What it does

Nuqsaf is building Shariah-compliant banking infrastructure for the 1.8 billion Muslims worldwide who are underserved by conventional finance. No interest. No hidden fees that violate Islamic principles. Real banking — checking, savings, transfers — built from the ground up to be halal.

The problem

Most banks charge interest (Riba), which is prohibited in Islam. The 'Islamic banking' arms of conventional banks are often cosmetic rebrands with the same underlying interest-based structures. Diaspora Muslims — in the US, UK, Europe — have almost no genuine options.

Built for

Muslim professionals and families in Western countries who want banking that genuinely complies with Shariah principles without compromising on modern banking features.

Key features

Everything included.

01

Riba-free checking and savings

02

Shariah-compliant investment options

03

Instant transfers and bill pay

04

Transparent fee structure

05

Halal certification of all financial products

06

Built for US and UK diaspora first