This is not a side project.
This is the plan.
Nuqsaf is a halal financial operating system for Muslim households. Six surfaces on one engine, from day one. The long-term vision is the full halal financial stack: banking, cards, interest-free loans for families who want every dollar to align with their values.
Every year, millions of Muslim households in the West face the same quiet problem. Interest accumulates across savings accounts, brokerage sweeps, CDs, and dividend payments. The obligation to purify is clear. But the math is scattered, manual, and easy to get wrong.
I built Nuqsaf because I was one of those people. I spent hours every year combing through statements, trying to isolate the exact amount. There was no product that did this well — or at all.
Riba purification is the first surface because it is the most painful and the most verifiable. But it is one of six.
Once a household connects their accounts, Nuqsaf shows all of it in one continuous view: riba owed in purification, zakat across every asset class, which transactions conflict with the values you've chosen, what you're saving toward Hajj, how the household's halal-ratio trends month over month, and whether each brokerage holding passes AAOIFI screens. One engine, six answers.
The long-term vision is the platform underneath. Banking, cards, interest-free loans: a complete halal financial stack where families hold, move, and grow money with the default set to halal and the exceptions visible, not the other way around.
We start small because trust is earned, not declared. Every product decision begins with: does this make the user more informed, or just more engaged? If the answer is engaged, we do not ship it.
This page exists so you know where we are headed. Not all of this is built yet. But all of it is the plan.
Asghar Ali
Founder, Nuqsaf
One engine. Six surfaces, then a platform.
All six surfaces ship in the first 12 months, on one data engine. The banking platform comes after, when the trust is earned and the regulatory work is funded.
Months 1–12 · Ramadan 2027
The six surfaces
Riba ships first because the data is there and the scholarly consensus is clearest. The remaining five layer in over the following twelve months, each one a new view on the same classified-transaction ledger.
Month 1
Riba Mirror
Continuous purification tracking across every linked account. Auto-settled monthly to a scholar-vetted charity.
Month 2
Zakat Engine
Net-worth-based zakat across every asset class. Nisab, hawl, eligibility — tracked continuously, handed over as a dated statement.
Month 3–4
Ethical Consumption
User-configurable values layer. Faith-based, environmental, and user-imported advocacy lists. Nuqsaf is tooling, not editorial.
Month 5–6
Hajj & Umrah Savings
Goal-based savings routed through halal vehicles. Scholar-vetted tour operators surface as the date approaches.
Month 6–8
Halal Budget
Household spend analysis filtered through an Islamic lens. Subscription detection, bill tracking, per-member visibility.
Month 9–12
Investment Visibility
AAOIFI-style screening on every linked brokerage and retirement account. Each holding scored: halal-as-held, purify-dividends, or divest.
The platform shift · Year 3+
By the time users trust Nuqsaf with six surfaces of their financial life, the next question answers itself: why are we still running these accounts through conventional banks?
Destination · The Nuqsaf Platform
The full halal financial stack.
Banking, debit, interest-free short-term credit (qard hasan), and halal savings — via banking-as-a-service partnership and scholar governance. Requires a Series A specifically for regulatory capex. Not this round. But written down because the six-surface OS is the path that earns the right to build it.
What this means
Banking, cards, interest-free loans, halal savings. All structured so the user never has to wonder whether a product aligns with their faith.
Why it works
By the time we build it, every user already trusts Nuqsaf with their full financial picture. The platform is the natural next step, not a cold-start product launch.
Why this order. Why this slowly.
Trust is the moat. A Muslim household will not give a startup banking access unless that startup has already proven it handles their data, their obligations, and their faith with precision. Every phase earns a specific kind of trust that unlocks the next.
One engine, not six products. Every surface reads from the same classified-transaction ledger. That is why we can ship six of them in twelve months with a small team: we are not building six products, we are exposing six views on one data engine.
The methodology is the product. Anyone can build a dashboard. The hard part is the classification logic, the fiqh-informed rules, and the transparency that lets a user or a scholar verify every decision. That is what makes Nuqsaf defensible.
Informed users are better than engaged users. We do not optimize for time-in-app. We optimize for: does this person leave knowing something they did not know before? That constraint keeps the product honest.
The platform is inevitable if the path is right. If Nuqsaf earns trust across all six surfaces of a household's financial life, then the question every user will ask is the same: why are we still running any of this through banks that were not built for us? The platform is the answer.
The first step is live.
Join the waitlist. Riba Mirror ships first; the remaining five surfaces roll out through Ramadan 2027. First 30 days free.
Join the waitlist