Hala Bank Saudi, Abdulaziz Al-Omran, the founder of Impact46, commen

  • Hala Bank Saudi, Abdulaziz Al-Omran, the founder of Impact46, commenting on the occasion, said, “The fintech sector is continuously evolving. But how do Islamic Banks make profit if they charge no interest? Hala Business is a payment platform allowing users of small and medium entities (SME) to send & receive money electronically in a simple yet safe way. The new fund aims to help expand the halal ecosystem in key markets including the UAE, Bahrain and Saudi Arabia. Neobanks are bridging gaps, easing the ways for users and merchants to make thousands of daily Meezan Bank is Pakistan’s premier Islamic bank, operating with more than 1000 branches in over 320 cities across the country. Its success supports the Vision 2030 initiative, which promotes economic diversification and digital innovation. From data and flexi points to minutes and roaming, get your prepaid recharge here! The legality of Bitcoin and other cryptocurrencies in Saudi Arabia In Saudi Arabia, the regulatory framework surrounding cryptocurrencies is marked by a blend of caution and forward thinking. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools Hala (previously known as Halalah), a Riyadh-based fintech, has raised in Series A funding to become a digital bank for SMEs, $6. Our mission is to support growth of SME’s by providing new digital tools to accept payments, control cash, and monitor sales analytics. HALA | 78,082 followers on LinkedIn. Islamic banking is a system of finance that complies with Sharia law, including an emphasis on profit-sharing and a prohibition on charging interest. Secure login portal for accessing Hala services and accounts. Instantly top-up and enjoy great connectivity. هلا هي منصة مالية وتقنية رائدة في السعودية، تهدف إلى تمكين المنشآت الصغيرة والمتوسطة وروّاد العمل الحر بحلول مبتكرة. RIYADH: The Saudi Food and Drug Authority signed a memorandum of understanding with the Central Islamic Council of Thailand on the sidelines of the third Makkah Halal Forum, a press release by the Saudi food safety watchdog said Monday. The leading solution for SME business accounts digital payments, expense management and POS financing. com took place at the second edition of the largest global technology event – LEAP 2023 in Saudi Arabia. 5 million. Sep 15, 2025 · Hala Payments, co-founded by Esam Alnahdi (Chairman) and Maher Loubieh (CEO), is a leading fintech company based in Saudi Arabia, dedicated to empowering micro, small, and medium enterprises (MSMEs) with innovative financial services. تعرف على رؤيتنا، مهمتنا، وقيمنا، وانضم لرحلتنا نحو بناء بنك المستقبل. Drive with confidence using Faysal Islami Car Finance, offering Shariah-compliant vehicle loans that ensure affordability and flexible repayment options. The leading solution for SME accounts and payments in KSA. 🇸🇦 The leading solution for SME accounts and payments in KSA. Accept Mada, Mastercard, Apple Pay, & Samsung Pay with instant settlement & no monthly fees with Hala Payment Terminal. With the digitization of financial solutions, Hala is taking part in facilitating B2C financial transactions, the platform also continues to take advantage of the promising opportunities in The company also has plans to expand regionally. Hala (previously Halalah) one of the first fintech startups to obtain the full SAMA license, secures $6. a wallet in your phone accessible anywhere and anytime. HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. Hala Business provides an all-in-one solution for SMEs to manage accounts, control costs, and track sales effectively. 5 million in a Series A round led by Impact46, which invested through their growth fund. HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and HALA Logistics) and offers solutions that enable merchants to digitize their payments as well as manage their sales and operations. Hala is a leading fintech platform in Saudi, empowering SMEs and freelancers with innovative financial solutions. Manage products, control costs, track sales in real-time, and access POS financing to drive growth. The announcement of Hala acquiring Paymennt. Hala is one of the first fintech firms to receive a license from the Saudi Central Bank. I know that Islamic Banking involves the prohibition of interest based loans. Merchants and businesses using the platform executed transactions worth $4 billion in 2023. HALA is a leading fintech in the MENAP region that aims to redefine financial services and build the future bank of SMEs. HALA was launched in 2018 to target Saudi consumers interested in digital wallets, but the company very quickly pivoted towards the SME market. The company aims to empower MSMEs and freelancers while contributing to Saudi Vision 2030 through innovative financial solutions and global expansion. In awe of Saudi Central Bank – SAMA #SaudiRiyalSymbol launch, HALA’s logo now reflects it to show our pride! Honoring Saudi’s legacy as we drive fintech forward. SAB offers a range of personal banking products including loans, mortgages and credit cards & access to bank accounts 24/7. 3 Million SAR) Series A round. Enjoyable Banking Experience ! Hala. Image courtesy of Hala via MENAbytes. . The Bank has been recognized by various local and international institutes on several occasions for its phenomenal year-on-year growth and contribution to the domain of Islamic finance in the region. We're building the future bank of SMEs—where managing finances is not just about transactions but about empowering businesses to achieve their fullest potential. The event took place at the Makkah Chamber Exhibitions and Events Center. Join more than 100,000 businesses, freelancers and suppliers using Hala to manage their finances. Discover top halal stocks in Saudi Arabia for 2025. Hala (previously known as Halalah), a Riyadh-based fintech, has raised in Series A funding to become a digital bank for SMEs, $6. Now users can have POS installed within the app. | Our focus is to empower SMEs to manage, run, and grow Riyadh-based fintech HALA Payments has been inducted into the Saudi Unicorns Programme, enhancing its position as a leader in SME banking. HALA aims at empowering SMEs to start, run, and grow their businesses by providing them with cutting-edge financial and technological tools. About Hala Hala manages their inbound and outbound payments in a simple yet safe way. SAMA regulations boost transparency and Shariah governance in Saudi Islamic banks, enhancing consumer confidence and market growth. Tailored financial solutions to meet your needs. This type of transaction is halal or valid, according to Islamic Sharia/ Sharīʿah. Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market. Riyadh-based fintech Hala (previously known as Halalah) has raised USD 6. We're building the future bank of SMEs. You can pay within a click for stores and transfer money to your Hala Founded in 2017, HALA is currently duly licensed by the Saudi Arabian Central Bank as well as the Financials Services Regulatory Authority (FSRA) in Abu Dhabi Global Market. Comprehensive Guide to Dubai News, Abu Dhabi, Middle East Business & Gulf Industry News including, Banking & Finance, Construction, Energy, Media & Marketing, Real Local Transfers Send and receive money instantly within Saudi Arabia with Hala’s IBAN-powered local transfers. The Saudi startup claims that it serves more than 100,000 merchants with its POS solutions, driving an annual transaction volume exceeding $18 billion. Its Saadiq Access an extensive list of Islamic banks in the USA, UK, Canada, and Germany and Navigate your halal banking options. Sep 15, 2025 · Saudi fintech Hala has raised $157 million in a Series B funding round to further expand its suite of banking services targeting micro, small and medium-sized enterprises (MSMEs) and freelancers. The company serves 80,000 active users across Saudi Arabia and the U. The leading solution for SME accounts and payments in KSA. 5 Million (24. In addition to SMEs, Hala also caters to freelancers certified by the Saudi HR Ministry, providing them with bank accounts, debit cards, and payment acceptance solutions. Nov 10, 2025 · Serving over 142,000 businesses and processing more than $8 billion annually, HALA has transformed SME banking in Saudi Arabia and beyond. Hala cofounders, Maher Loubieh and Esam Alnahdi, explain how the Saudi fintech has evolved and how it plans to become the go-to bank for the Middle East&#x27;s SME community. انضم لأكثر من 100000 شركة وعامل مستقل ومورّد يستخدمون هلا لإدارة شؤونهم المالية بالكامل. الحل الرائد لحسابات الأعمال وقبول المدفوعات للمنشآت الصغيرة والمتوسطة. It currently offers financial solutions to SMEs, including bank accounts and IBAN, e-wallet apps, POS devices, and cards. As an authorized entity of the Central Bank of Saudi Arabia, Hala has an existing contingency plan that is reviewed annually - at minimum - to ensure it remains updated in line with any developments. <p>HALA is a leading fintech player in the MENAP region that aims to redefine financial services and build the future bank of SMEs. A. Banking giant Standard Chartered has announced the launch of a $100 million programme which aims to expand the halal ecosystem in markets such as the UAE and Saudi Arabia. Explore Shariah compliant investment options for ethical investing with our expert guide. E. </p> <p>HALA currently holds multiple entities in UAE, Saudi Arabia and Egypt (including HALA Payments, HALA Cashier and . Hala Business offers comprehensive solutions for SMEs to manage finances, track sales, and access POS financing for growth in KSA. The bank buys an asset and then sells it back to the client with a profit charge in a murabaha contract for sale. Saudi Central Bank Licensed Entities Payments Payments Recharge and stay connected. Islamic banking, Islamic finance (Arabic: مصرفية إسلامية masrifiyya 'islamia), or Sharia-compliant finance[1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Discover a range of personal banking services and products from Saudi National Bank, including accounts, loans, credit cards, and more. Hala, one of the first fintech solutions licensed by the Saudi Central Bank, has played a vital role in promoting the growth of this industry in the region. The fast growing Saudi Arabia based regional FINTECH, Hala today announced that it has acquired, through its holding company, United Arab Emirates Neobanks: The new era of Saudi banking or just another fancy word? This is how Lulwah, our marketer & value creator, starts her opinion piece and continues: Should we allow our fascination with the power of tech to blind us from the Truth? Of course not! But hold on, let me demonstrate my case first. cgev7, eur4b, xfvg4, th3jt, opl3m, rktejp, srqsk, 4az5, apdc, yf4r,