Goal-based savings
A savings account on a wadiah or mudarabah basis tracks progress to the pilgrimage goal, with the contract shown to the saver.
Consumer
Hajj and Umrah travel and savings
Pilgrims save for years; travel packages, quotas and dates all depend on the Hijri calendar.
Saving for Hajj or Umrah means long-horizon savings, licensed travel operators and dates tied to the Hijri calendar. Customers need clarity on where their savings sit, on what contract, and when they can travel. IslamicOpenFinance™ connects savings accounts, operator payments and a Hijri-aware calendar in one flow.
Financial products
What you build on IslamicOpenFinance™
Operator payments
Payments to a licensed travel operator are made against the package and recorded with the booking reference.
Hijri-aware schedule
Deposits and deadlines are shown in both calendars, with season dates marked as expected until officially announced.
Travel takaful
Travel takaful for the trip is offered at booking and linked to the traveller's itinerary.
Family contributions
Relatives contribute to the same goal with consent, each contribution recorded.
Value chain
The actors in this chain
IslamicOpenFinance™ connects them with one contract model, one policy and one evidence trail.
Saver and familyIslamic bankLicensed travel operatorTakaful operatorPayment rail
Typical flow
A typical flow, step by step
- Goal set
- Regular deposits
- Package chosen
- Operator paid
- Travel takaful
- Travel dates confirmed
Live demo
See it in the terminal
A saver's goal, deposits and package in one view (demo), with season dates shown as expected until officially announced. Demo data
DemoAll institutions, people, amounts and events are fictional demonstration data. Nothing here is a Shariah ruling, an offer or advice; approving a product is for each institution's own Shariah board and regulator.