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United Kingdom
05 Nov 2019 (6 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Kestrl: Muslim Money App
Company Information
Get to know Kestrl: Muslim Money App
Founded in 2020, Kestrl is a mobile application aimed at making Sharia-compliant finance accessible and straightforward for the modern Muslim. The app provides users with a holistic view of their finances by connecting to their existing bank accounts, offering tools for budgeting, tracking spending, and calculating Zakat. A core feature is its investment marketplace, which allows users to invest in a curated selection of ethical and Halal assets, such as stocks and Sukuk, helping them grow their wealth without compromising their religious principles.
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