About
This app offers interest-free credit facilities, encourages savings, and supports ethical investment options. It empowers individuals and businesses with Shariah-compliant financial solutions, securely managing customer funds for investment in Halal portfolios and low-risk ethical assets.
What's New in MAAL Banking App
1.3.1
June 24, 2026
Various enhancements and improvements.
FAQ
What is MAAL Banking App?
MAAL Banking App is a microfinance banking application that provides interest-free credit facilities, encourages savings, and supports ethical investment options. It is licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation.
Is MAAL Banking App secure?
Yes, customer funds are securely managed within the MAAL Banking App. The bank is licensed by the Central Bank of Nigeria and insured by the Nigeria Deposit Insurance Corporation, indicating adherence to regulatory security standards.
What types of investments does MAAL Banking App offer?
With customer consent, funds may be invested in Halal portfolios, government-backed Sukuk bonds, and other low-risk ethical assets. These options align with the app's mission of promoting ethical and responsible financial practices.
Can I borrow money from MAAL Banking App?
Yes, you can borrow against your savings with confidence through the MAAL Banking App. The app focuses on providing interest-free credit facilities to empower individuals and businesses.
What devices support MAAL Banking App?
MAAL Banking App is currently supported on iPhone and iPod devices. The app is available for download on these platforms.
How often is MAAL Banking App updated?
The latest version of MAAL Banking App is 1.3.0, last updated on April 21, 2026. While this indicates a recent update, the frequency of future updates is not specified.
What is the user rating for MAAL Banking App?
MAAL Banking App has a rating of 3.0 stars based on 4 ratings. This suggests a mixed user reception.
Does MAAL Banking App have ads?
No, MAAL Banking App does not contain advertisements. The app is free to download and use without any ad interruptions.
