Company Information

Get to know MuslimPay - Initiative

MuslimPay is a UK-based financial technology company dedicated to providing Halal-certified digital financial services. Its mission is to empower the global Muslim community by bridging the gap between modern financial technology and Islamic principles. The platform offers a digital wallet for individuals to send, receive, and store money, alongside a payment gateway for businesses to accept Shariah-compliant online payments, aiming to foster a more inclusive and ethical digital economy.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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MuslimPay - Initiative

Malaysia

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.