Islamic Fintech

It must avoid interest (riba), excessive uncertainty (gharar), and prohibited industries (haram). Masarrati implements profit-sharing models, asset-backed financing, and transparent fee structures certified by Sharia advisory boards.

Islamic digital banks, Murabaha/Ijara financing platforms, Zakat calculators, halal investment apps, Islamic crowdfunding, Takaful (insurance), and Sukuk management systems — all with Sharia compliance built in.

Through embedded compliance rules in the software, automated screening against Sharia criteria, integration with Sharia advisory board review workflows, and regular audits. The system flags non-compliant transactions automatically.

Yes. The global Islamic finance market exceeds $3 trillion, with 1.8 billion Muslims worldwide. Islamic fintech is one of the fastest-growing segments, particularly in the GCC, Southeast Asia, and increasingly in Western markets.

Yes. Masarrati builds hybrid platforms that maintain Sharia compliance in Islamic products while integrating with conventional banking infrastructure, payment rails, and regulatory reporting systems.

No. Certification is issued by a Shariah board or a recognised advisory body, not by an engineering firm. What we provide is the material they need to give a ruling: documented contract logic, rule configurations, worked calculation examples, and traceability from a posted transaction back to the structure that produced it. We work alongside your board through review cycles and implement the changes their opinions require.

Yes, provided the funds and the accounting stay segregated. That means separate ledgers, separate liquidity pools and controls that prevent commingling, with product eligibility enforced at the account level rather than in the interface. Reporting is produced separately for each side, since Islamic windows are typically supervised under their own rules. The architecture is designed so a Shariah board can inspect where the boundary sits and how it is enforced.

By keeping the ledger event-sourced and the rules versioned. Every posting records the contract, the rule version and the inputs used, so a distribution can be recomputed exactly as it ran on the original date rather than with today's configuration. Rate tables, weightages and Shariah rule changes carry effective dates. That makes an audit query a query, rather than a reconstruction exercise across spreadsheets and email.

We build for institutions regulated in the Gulf, South and Southeast Asia, and for firms serving Muslim customers in Europe and North America. The compliance layer is designed to be configurable, because AAOIFI treatment, IFSB prudential expectations and local central bank rules differ by jurisdiction. Licensing itself is your responsibility and your legal adviser's; we build the reporting, record keeping and controls the licence conditions require.