Khayr transcends traditional banking by combining ethical principles with state-of-the-art fintech. Discover features crafted to not only empower your financial decisions but also uphold your values, making every transaction meaningful.
Experience the ease of a credit card without interest. Pay in full or choose an installment plan with a transparent, flat fixed markup.
Earn cashback or points with every purchase, including options for travel, charitable donations, sustainability, and more, aligning your spending with your values.
Track the environmental impact of your purchases with our carbon tracker, promoting greener choices directly linked to your spending habits.
Access exclusive discounts & a curated selection of minority owned, ethical and sustainable brands, making it easy to shop with your values in mind.
Murabaha's no-interest model or late fees prevents the accumulation of unmanageable debt, maintaining your financial peace of mind.
With fixed markups, the cost is clear from the start — no surprises, no hidden fees.
Murabaha ensures fairness in trade, generating profit without exploiting financial need.
Murabaha's fair trade terms create value for everyone involved, promoting equitable financial growth.
1 payment every 2 weeks
No Markup: Cash Price
$33.33
Total: $100
3 monthly payments
Markup: $5
$35.00
Total: $105
6 monthly payments
Markup: $5
$17.50
Total: $105
12 monthly payments
Markup: $10
$9.17
Total: $110
Access credit without the traditional credit score requirements.
Track your spending, establish spending limits, and get tailored notifications stay on top of your finances.
Create as many virtual cards as you need for secure online transactions.
Stay protected with real-time alerts and advanced fraud detection technology.
Receive a finance limit based on your income and spending habits, this limit will adjust over time
You'll instantly receive a notification with a detailed breakdown of the cost with the option to pay cash or enroll in an installment plan with a fixed markup (this amount never changes)
Manage your installment plans on the app. You'll have a clear view of all your payments, remaining balance, and the option to convert purchases into installment plans
Murabaha is an ethical financing model where goods are sold at a markup agreed upon by both parties. Unlike traditional credit, there's no interest involved. Instead, Khayr purchases the item and sells it to you with a clear, fixed markup if you choose to pay in installments.
Khayr is self-funded, ensuring our commitment to ethical finance is never compromised by external pressures. We operate with transparency and do not engage in selling loans to other financial institutions. This ensures a trust-based relationship with our users, rooted in shared values and integrity.
Making a late payment on your Khayr card can impact your credit score, similar to traditional credit cards. We encourage timely payments to help build your credit. However, we understand life happens. If you anticipate difficulty making a payment, reach out to us for assistance. Our aim is to support your financial health, not hinder it. We never charge late fees or hidden fees for rescheduling payments.
Yes, our inclusive assessment process ensures we provide access for everyone.
Yes, the Khayr card functions like a normal credit card, allowing you to make purchases anywhere credit cards are accepted, online and in-store.
Khayr works closely with financial advisors and Islamic scholars to ensure all our products and services adhere strictly to Shariah principles. This collaboration guarantees our offerings remain ethical, transparent, and compliant with Islamic finance laws, providing peace of mind for everyone.
2024 Khayr. All right reserved