Comparison

Mudaraba | مضاربة vs Wafer | وافر

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Mudaraba | مضاربة

This platform connects small and medium-sized businesses seeking debt financing with investors. It facilitates the issuance of Sukuk, which are Shari'a-compliant debt instruments, based on profit-sharing agreements for specific projects.

Highlights
  • Sukuk issuance for SMEs
  • Shari'a-compliant financing
  • Profit-sharing investment model
  • Project-specific funding
  • Investor-beneficiary agreements
  • Credit assessment tools
Features
Read full description

Mudaraba is a crowdfunding platform that provides Sukuk (debt instruments) issuance. We enable SMEs to get financed through the debt capital market by adopting Mudaraba framework that is compliant with Shari'a (Islamic laws). Mudaraba Financial Company is a leading crowdfunding platform that uses profit sharing arrangements to close the gap between SMEs that are looking for financing and Investors by issuing Sukuk as a debt instrument. Mudaraba Sukuk are issued based on Mudaraba agreement between the Sukuk owners & beneficiary, issuance proceeds are used to finance a specific project managed by beneficiary & monitored by Mudaraba Financial Company. The Sukuk represents a mass-ownership in the project’s asset, and the achieved profit is distributed according to the participation specified in the agreement while its nominal value is returned from the project at the end of its term. Mudaraba uses state of the art credit assessment and rating tool by Mode Finance who is leading SME rating for bond issuance in Europe.

About

Wafer | وافر

Features
Read full description

Wafer Investment is an online platform offering a variety of investment products. وافر للاستثمار منصة الكترونية للاستثمار تقدم فرص ومنتجات استثمارية متنوعة للجميع .

Screenshots

Mudaraba | مضاربة4 screens
Wafer | وافر4 screens

Verdict

The call

The clearest difference is ads: Mudaraba | مضاربة at none against Wafer | وافر's shown. Mudaraba | مضاربة also leads on update cadence (every 3 weeks vs every 2 months) and iOS requirement (13.0 vs 15.0). On price, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Mudaraba | مضاربة ships an update every 3 weeks, Wafer | وافر every 2 months. Both last shipped on September 8, 2026.

Scorecard3 real differences · 7 level
Mudaraba | مضاربة versus Wafer | وافر: the parameters behind the verdict, then further details
ParameterMudaraba | مضاربةWafer | وافر
PriceFreeFree
Rating3.6 (5 ratings) — better—
Positive reviews0.0% of reviews—
Number of ratings5 — better—
Update frequencyEvery 3 weeks — betterEvery 2 months
AdsNo — betterYes
In-app purchasesNoNo
MonetizationFree—
DevicesiPhone, iPodiPhone, iPod
Requires iOS13.0 — better15.0
Further details — not scored
Size64 MB35 MB
Age rating4+4+
DeveloperMudaraba Financial CompanyBLOMINVEST SAUDI ARABIA COMPANY

In-app purchases

None

Mudaraba | مضاربة

No in-app purchases

None

Wafer | وافر

No in-app purchases

Questions

Is Mudaraba | مضاربة free?
Mudaraba | مضاربة is free to download, with no in-app purchases.
Is Wafer | وافر free?
Wafer | وافر is free to download, with no in-app purchases.
Do Mudaraba | مضاربة or Wafer | وافر have ads?
Wafer | وافر shows ads; Mudaraba | مضاربة does not.
Which is updated more often, Mudaraba | مضاربة or Wafer | وافر?
Mudaraba | مضاربة ships an update every 3 weeks, and Wafer | وافر every 2 months. Most recently, Mudaraba | مضاربة was updated on September 8, 2026 and Wafer | وافر on September 8, 2026.

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