Mizan is an Arabic term for ”balance”. Our aim is to put a financial balance in our everyday lives. It’s a “neo” way to: borrow better, spend better, save better & invest better.
So, naturally, our first challenge will be focused on spending. With “Mizan - Pay later” you can easily spread your payments without worrying about interest.
“Time” at it’s essence, is money. At Mizan, we set sail to disrupt traditional banking ways which has costed us the most important currency; TIME.
We are tired of those long queues, 9-4 customer service, hidden-fees, tricks and cost of accessing halal credit. At Mizan, we embarked on a journey to help people make more out of their money without the need of physical human interaction.
Different by traditional design, we are not building a bank but more. A mobile first, customer-obssessed, innovative financial technology company that is built on 100% islamic shariah legal framework. That’s neo banking.
To find the best, we spoke to different experts around the world and appointed Shariah Review Bureau (www.shariyah.net) as an independent shariah board to oversee our shariah compliance.
Mainstream? No, thanks. We are on mission to change your relationship with the word «Bank». The B-word is outdated and relatable to stress, and outdated financial products.
To remove the exisiting frictions and painpoints of the traditional banking sytems, we asked over 1,000 millenials what they would like from modern financial technology company, and we listened.
We started off by committing to no hidden fees, tricks or catches, just a simple way to navigate your money.Our purpose is to help people make more out of their money, and spend smarter.
We understand your busy lifestyle, we understand that in as much as Mizan will do the heavy-lifting on your finances, you’d love to learn a thing or two about , “sukuks” or islamic bonds.
We are busy curating a free learning experience to ensure you are upto date with say “ESG,Stock investing, blockchain and future of finance”, through MizanLearn, our exclusive in-app content platform.
The client purchases only permitted goods/services from mizan via the merchant with a cost plus financing structure (Murabaha) or no cost plus financing structure (Tawliyah).
The client purchases only permitted goods/services from mizan via the merchant with a cost plus financing structure (Murabaha) or no cost plus financing structure (Tawliyah).
The client signs two separate shariah-compliant and approved agreements in order to conclude and execute an effective Shariah compliant Murabaha transaction.
The client signs two separate shariah-compliant and approved agreements in order to conclude and execute an effective Shariah compliant Murabaha transaction.