Our Solutions in Islamic Finance

Explore how Baraqa is redefining digital finance with personalized, ethical solutions that put users first by enhancing accessibility and convenience.

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NylaBank

Africa’s first digital Islamic neobank, NylaBank, serves the continent’s 450 million Muslims with ethical financial products. It offers accounts, P2P transfers, bill payments, remittances, and cards (NylaCard). With over 33,000 users on its waitlist, NylaBank is poised to transform Islamic banking globally.

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NylaBank mockup

NylaPay

NylaPay is a payment app for Zakat (obligatory charity) and Sadaqah (voluntary giving), enabling seamless, direct contributions to verified beneficiaries with transparency. Users can calculate, pay, and track their contributions in real time. Aiming to formalize and scale giving, NylaPay targets the $1 trillion global Zakat and Sadaqah market to maximize social impact.

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Nyla AI

Our AI-powered assistant is seamlessly integrated across all our products, guiding users through our apps, providing access to features, answering service-related queries, and offering financial literacy on Islamic banking and finance.

Nyla AI mockup