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Hagbad
A UK community savings platform that digitizes traditional Rotating Savings and Credit Associations (ROSCAs) to enable interest-free, Sharia-compliant group savings circles.
About Hagbad
A UK community savings platform that digitizes traditional Rotating Savings and Credit Associations (ROSCAs) to enable interest-free, Sharia-compliant group savings circles.
Industries served
Products
A mobile application for managing trusted group savings, tracking contributions, and managing rotation and payout schedules for savings circles.
Security and compliance
As reported by Hagbad. Ask for audit reports before you buy.
- GDPRCompliant
- Data Protection Act 2018Compliant
- AES-256 encryption
- Role-based access controls
- Data minimisation
- Server redundancy
- Biometric and document identity verification
- Suspicious activity monitoring
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