Amwal Tech

Amwal Tech is an Egyptian fintech company that enables credit cardholders to split payments into interest-free installments ranging from three to twenty-four months in full compliance with Sharia principles. Headquartered in Egypt, the service partners with leading Saudi banks like Al Rajhi and SNB to offer transparent payment solutions without processing fees or additional charges while allowing users to retain their existing rewards points.

• Services: The platform provides flexible installment plans for online and in-store purchases that convert credit card amounts into monthly payments instantly.
• Industries: Operations focus on Islamic finance, retail commerce, and consumer lending within the Saudi Arabian market through trusted banking partners.
• Customers: The service targets individuals holding credit cards from major Saudi banks who seek to maximize rewards while avoiding interest charges on large purchases.

This solution allows consumers to enjoy immediate product access with a clear, fee-free repayment schedule aligned with Islamic financial ethics.