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CEO
DS
Duha Syariah
Duah Syariah is a financial platform connecting Muslims in Jakarta with Sharia-compliant financing and funding options. It provides detailed information on various financers and funders to support a Muslim lifestyle.
- Applications
- Financial Technology
- Software Only
Updated 5 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Many individuals and businesses, particularly in Jakarta, face challenges in accessing financing and funding options that adhere to Sharia principles. This limits their ability to engage in financial activities that align with their religious beliefs and values. Furthermore, finding transparent and easily accessible information on Sharia-compliant financial products can be difficult.
Solution
Duha Syariah is a fintech platform that connects Indonesian Muslims with Sharia-compliant financing and funding solutions through its mobile application. The platform facilitates various types of financing, including consumer financing for goods and services, Umrah and halal tourism financing, and working capital financing for businesses. It operates under the supervision of the Otoritas Jasa Keuangan (OJK) and adheres to the Sharia principles set forth by the Dewan Syariah Nasional Majelis Ulama Indonesia (DSN-MUI), ensuring that all transactions are free from riba (interest) and comply with Islamic finance standards. Duha Syariah also provides an opportunity for individuals and institutions to become lenders, earning returns through ujrah wakalah (agency fees) for facilitating financing activities.
Target Audience
Duha Syariah targets Muslim individuals seeking Sharia-compliant financing for personal needs, such as purchasing goods or funding religious travel, as well as MSMEs in need of working capital. It also targets individuals and institutions looking for Sharia-compliant investment opportunities as lenders.
Features
- Mobile application for both Android and iOS, providing easy access to financing and funding options
- Sharia-compliant financing products, including consumer financing (max Rp 20.000.000,-), Umrah/halal tourism financing (max Rp 30.000.000,-), and working capital financing (max Rp 2.000.000.000,-)
- Financing tenors ranging from 3 to 24 months
- Marketplace integration with partners like Bhinneka and Halalpedia for seamless purchase of goods and services
- Electronic signing of financing agreements
- Automated payment reminders via SMS, email, and in-app notifications
- Lender platform with access to borrower profiles and financing performance metrics
- Ujrah (fee) for lenders ranging from 11% to 12% per year (flat rate)
- Implementation of ISO 27001-compliant information security management system