About Us

One app for all your
Halal Financial Needs

Fardows is an Islamic financial technology company that allows you to save, spend and invest in a halal and efficient way. Your faith no longer comes secound.

Our Values

We Believe that banking should be

Inclusive

You should not have to compromise when it comes to faith and finance. Our products are fully halal and reviewed by a leading board of Islamic scholars.

Convenient

You are busy and should not waste time dealing with bank accounts that dont work. We make saving, spending and investing super easy while also keeping everything halal.

Affordable

You should not be wasting money paying fees for expensive halal advice and fees you did not even know about. We offer a platform with very little fees that is also completely halal.

Relevant

You should not have to suffer because other banks dont have the Islamic products you need. We provide products such as Zakat servicing and halal checking accounts.

Who we are

We were tired of seeing how much the Muslim community was suffering in the US due to not being able to have halal loans and halal bank accounts. That motivated us to build the world’s first complete Islamic fintech solution. We are currently serving individuals and businesses in the United States and are planning to expand internationally in the near future.

We are driven to provide Muslims with inclusive, convenient, affordable and relevant financial products in a halal way.

why it matters

 

Islam is the fastest growing religion globally and in the United States. Islam is similarly predicted to become the most popular religion globally by the year 2050. However, the financial needs of Muslims stand largely unmet. The way the current financial industry is structured means Muslims are not allowed to use conventional: checking accounts, credit cards, mortgages, student loans, or insurance. Muslims are also not able to invest in the majority of stocks and ETFs.

Muslims are therefore significantly underbanked and excluded from the financial system in the US. This even holds internationally given that 900 million of the 1.3 billion global unbanked population are Muslims (70%). Studies from the World Bank indicate that increasing access to Islamic banking and financial services would increase financial inclusion.

Fardows’ innovative digital financial products will allow Muslims in the US to finally be able to access Islamic compatible financial products.

Sign Up

Sign Up to the Waitlist

Fardows was started to meet the growing consumer and business demand for halal loans, halal insurance, and other halal financial services. Sign up to our waitlist!
Copyright © 2021 Fardows, All right reserved