We see the words everywhere — in app stores, in ads, on whitepapers. But when you look closer, you’ll often find the same old systems dressed in different language.
The truth is, many digital financial products aren’t built from Islamic principles — they’re just branded that way. And that’s not just misleading. It’s a problem of trust.
At Caiz, we think it’s time to ask the harder question:
What actually makes a wallet jaiz?
When Branding Replaces Ethics
Let’s start with a distinction that’s often missed:
Halal is not the same as Jaiz.
Halal may signal general permissibility, but Jaiz is specific. It’s rooted in Islamic jurisprudence. It demands structure, intent, and ethical clarity — not just the absence of prohibited features.
Too often, “Sharia-compliant” platforms borrow the look and feel of Islamic finance without offering real alignment. A green logo. A fatwa certificate. An Arabic font.
Meanwhile, funds are parked in interest-bearing accounts. Terms are opaque. Governance is vague. And users are left unsure of what they’ve signed up for.
This is not compliance. It’s convenience.
The Real-World Cost of Getting It Wrong
Take remittance as an example.
Muslims across Europe send billions home each year. But the tools they use are riddled with problems:
- Fees of 6–10%
- Delays of up to 5 days
- No visibility into where the money goes
- No assurance that the system aligns with their values
This matters. Not just financially — but spiritually.
Because for many users, a wallet isn’t just where money is stored.
It’s where trust is placed.
So What Makes a Wallet Truly Jaiz?
It’s not about features.
It’s about foundations.
A jaiz wallet should offer:
- ✅ No riba — not hidden, not indirect
- ✅ No exposure to haram sectors — no loopholes
- ✅ Clear governance — not just advisory names, but real accountability
- ✅ Transparency — every transaction, every process
- ✅ Support for zakat and ethical giving — not speculation or leverage
- ✅ Dignity by design — especially for those excluded from conventional banking
A jaiz wallet isn’t a repackaged product. It’s a reimagined one — built with intention, not imitation.
Why This Isn’t Just About Religion — It’s About Trust
For millions of Muslims, finance has always been a compromise.
Use tools that work, but feel wrong.
Or avoid tools that align, but leave you out.
Neither option is acceptable.
We believe the future of finance should offer both: functionality and faith.
Not one at the expense of the other.
What We Stand for at Caiz
We’re not here to do cosmetic compliance.
We’re building systems that reflect Islamic ethics in structure — not just in slogan.
- Not just riba-free. But fair.
- Not just “Muslim-friendly.” But rooted in Fiqh.
- Not just digital. But dignified.
Closing Thought
Ethics can’t be an afterthought.
And trust shouldn’t be outsourced.
A Jaiz wallet isn’t a badge. It’s a responsibility.
And we believe it’s time fintech started treating it like one.
