Rizq

Rizq
Business Name:
Rizq
Category:
Business Description:
Rizq is the UK’s first alternative Islamic digital banking app.

Rizq bestows a personal and seamless digital Islamic banking experience, which fully appreciates a Muslim’s core values – on an emotional, as well as a lifestyle level.

Signup up and using Rizq is extremely simple, plus – we save you tonnes of cash on everything from daily shopping to overseas money transfers. Rizq enables you to make lightning-quick payments, set up budgets, donate to any charity of your choice, and earn cashback in some of the UK’s most popular retailers.
The task of opening and maintaining ethical Sharia-compliant banking products in the UK is confusing, tedious, and operationally traditional. British Muslims are looking for a current account that can provide a seamless experience within the western world, without compromising on their beliefs and value system.

Unfortunately, current banking solutions are disconnected from the audience and those people who engage them. So – whilst Muslims want to create meaningful connections within the community, to support local charities and businesses, and generally empower their finances to be a driver for positive change – it is difficult to achieve this without an enabler. Enter, Rizq.

The Rizq team has lived the problem and is now solving it by crafting a personal and seamless digital Islamic banking experience. Our aim is to facilitate financial success within the community, by developing a really high-performing and useful product, which does not conflict with Islamic beliefs and establishes a real bond with its key stakeholders (i.e. the customers).
Based in:
London
Tags:
digital Islamic banking, Muslim, cash , shopping
Total Funding:
Between €500K-€ 1 million
Founded:
2020
Website:
https://getrizq.co/
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