Company Performance Metrics
Haqpay is a financial technology company that provides shariah-compliant digital savings and bill payment services. The company operates under an Islamic profit-sharing framework based on the Mudarabah principle, avoiding interest-based returns. Through its mobile application, users set savings goals, create locked savings plans, and track their
progress while funds are deployed into halal, asset-backed businesses. Profits from these businesses are shared with savers according to predetermined ratios approved by Islamic scholars. Haqpay also offers a bill payment feature that lets users pay everyday bills through the same app. In addition, a dedicated agent application enables small merchants to process neighborhood bill payments and earn micro-commissions.
