# Islamic Wallet — Mobile Financial Services > Shariah-compliant mobile financial services for banking and payments. (iPhone/iPad app by AL-ARAFAH ISLAMI BANK LTD.) - Source: https://appshunter.io/ios/app/islamic-wallet/id1438377413 (this page in markdown: same URL + `.md`) - Developer: [AL-ARAFAH ISLAMI BANK LTD](https://appshunter.io/developer/1535135441) - Category: Finance, Lifestyle - Price: Free - Rating: 4.00/5 from 26 App Store ratings · 11 written reviews indexed - Age rating: 4+ - Requires: iOS 13 · 61 MB - Languages: American English, Bangla - Released: 2019-08-29 - Data updated: 2026-07-26 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/islamic-wallet/id1438377413/reviews.md ## What is Islamic Wallet? Islamic Wallet is the Shariah based Mobile Financial Services of Al-Arafah Islami Bank PLC. Islamic Wallet comply with the most rigorous security, compliance standards and all regulatory requirements. This wallet is also regulated by the Shariah Board to comply the Islamic rules. Islamic Wallet promises to provide the most innovative services that can be provided in Mobile Financial Services industry of Bangladesh. It is fast, secure and affordable way to send & receive money from anywhere at any time. In addition to ‘send and receive money’, it provides a total eco-system where people can derive the best use of money. This wallet will be considered as new and innovative payment system to cater all kinds of banking needs for ensuring the maximum convenience of customers specially those who do not have access to banking services Services offered by Islamic Wallet - Cash In, Cash Out, Person to Person (P2P) - Fund Transfer from Card and Bank Account. - QR enable Person-to-Business payments (P2B) such as utility bill payment, airtime top-up, insurance premiums, loan instalments, merchant payments etc. - Business-to-Person payments (B2P) such as payroll, commission disbursement, etc. - Government-to-Person (G2P) payments such as subsidies, freedom fighter allowances, social welfare payments, endowments, etc. - Ticketing Service - Tuition Fees Payment - Person-to-Government (P2G) payments such as government duties, taxes, fees, etc. Shariah Compliant Services - Daily activities must be accomplished under the Bank’s Shariah Guideline. - A hi-level Shariah Supervisory Council scrutinize the daily affairs on regularly. - Prohibition of Interest or Usury. Most importantly, the charging and the receiving of interest is strictly forbidden. - Ethical Standards. When Customers hold their money in wallet, it is our religious duty to make sure that what they utilize in is good and bad wholesome. - It goes with Moral and Social Values. Islamic Wallet Shares Profit with its Customer Islamic Wallet offers profits on customers’ Wallet Balances which complies with the Islami Shariah rules. Customers Money is Safe with Islamic Wallet Customers’ money is safe and secure with Islamic Wallet. To secure the customers money, the fund will be maintained only in Shariah Compliant Islamic sectors. ## Key features - Shariah-compliant financial services - Send and receive money - Bill payments (utility, insurance, tuition) - QR code payments - Fund transfers from card/bank account - Profit sharing on wallet balances ## Recent user reviews (10 of 11) All indexed reviews: https://appshunter.io/ios/app/islamic-wallet/id1438377413/reviews.md ### 1/5 — Bad App *2024-08-04, version 3.0.5* Very bad app with no useful feature ### 1/5 — No add money *2024-08-01, version 3.0.5* Add money option does not work. Also payment fails most of the time ### 1/5 — Trash *2024-07-30, version 3.0.5* No way to add money from other bank or card Useless app ### 5/5 — Great Apps *2021-10-21* Great Apps for Islamic Banking System. Please make cashout option available in local area ### 1/5 — Horrible App, Account transfer money missing.Customer service very rude. *2020-09-05, version 2.2.1* I used this app and transferred 3000taka to my Brack Bank account and the money has not been posted to my designated bank until I call them, 36 days later I called to the ‘customer service lady’ name start with “s” very rude and had an attitude. I am very disappointed about their app and support. ### 2/5 — Worst app ever *2020-08-17, version 2.2.0* This is the worst app I ever came across. There are many tabs and looks very good. But only the general tabs work and rest don’t. Many bugs till now and I don’t think they even intend to fix those. ### 5/5 — Islamic wallet *2020-06-08, version 2.1.7* Best apps in our country ### 1/5 — Irritating app *2020-03-24* It’s really irritating..I’ve finished the tasks properly but NID number is not verifying ### 5/5 — User friendly app *2019-12-12, version Islamic Wallet v2.1.0* One of the best user friendly and secure apps in Bangladesh. ### 5/5 — Great app *2019-12-11, version Islamic Wallet v2.1.0* This is an authentic and transparent financial app with bank account. Great move by AIBL. ## Frequently asked questions about Islamic Wallet ### What is Islamic Wallet? Islamic Wallet is a Shariah-based mobile financial service provided by Al-Arafah Islami Bank PLC. It offers a secure and compliant way to manage money, make payments, and access various banking needs. ### Is Islamic Wallet secure? Yes, Islamic Wallet complies with rigorous security and regulatory standards. Customer funds are maintained only in Shariah-compliant Islamic sectors to ensure safety. ### Does Islamic Wallet charge interest? No, Islamic Wallet strictly prohibits the charging and receiving of interest or usury, adhering to Islamic rules and ethical standards. ### Can I share profits with Islamic Wallet? Yes, Islamic Wallet offers profits on customers' wallet balances, which complies with Islamic Shariah rules. ### What types of payments can I make with Islamic Wallet? You can make various payments including utility bills, airtime top-ups, insurance premiums, loan installments, merchant payments, tuition fees, and government taxes or duties. ### What devices support Islamic Wallet? Islamic Wallet is supported on iPhone, iPad, and iPod devices. ### How often is Islamic Wallet updated? The latest version of Islamic Wallet is 3.0.10, and it was last updated on May 19, 2025, indicating regular updates. ### What is the user rating for Islamic Wallet? Islamic Wallet has a rating of 4.0 stars from 26 ratings, suggesting generally positive user feedback. ## Version history (last 5 releases) ### 3.0.10 — 2025-05-19 - bug fix ### 3.0.9 — 2025-05-15 - minor bug fix ### 3.0.8 — 2025-04-22 - bug fix ### 3.0.7 — 2025-02-19 - Updated User Interface - Minor Bug Fixing - Security Enhancement ### 3.0.6 — 2025-02-04 •⁠ ⁠Updated User Interface •⁠ ⁠Transaction Details share option •⁠ ⁠Minor Bug Fixing ## Apps similar to Islamic Wallet | App | Rating | Price | Category | | --- | --- | --- | --- | | [MeghnaPay](https://appshunter.io/ios/app/meghnapay/id1672955058) | 4.5 (11) | Free | Finance | | [MYCash](https://appshunter.io/ios/app/mycash/id1658736258) | 5.0 (1) | Free | Finance | | [Islami Bank mCash](https://appshunter.io/ios/app/islami-bank-mcash/id6752566503) | 4.8 (13) | Free | Finance | | [OK Wallet](https://appshunter.io/ios/app/ok-wallet/id1437495450) | 3.7 (29) | Free | Finance | | [Magpie App](https://appshunter.io/ios/app/magpie-app/id6449897818) | 3.6 (15) | Free | Finance | | [Pocket Business](https://appshunter.io/ios/app/pocket-business/id6446404191) | 5.0 (5) | Free | Finance | ## More apps by AL-ARAFAH ISLAMI BANK LTD - [aib i-Banking](https://appshunter.io/ios/app/aib-i-banking/id1553674884) All apps by AL-ARAFAH ISLAMI BANK LTD: https://appshunter.io/developer/1535135441 ## Related topics [islami bank mcash](https://appshunter.io/ios/topics/islami-bank-mcash) · [islami bank app](https://appshunter.io/ios/topics/islami-bank-app) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-07-26.*