Company Information

Get to know MyAhmed

MyAhmed is a UK-based financial technology company that operates as an FCA-authorised Electronic Money Institution. It positions itself as the UK's first ethical digital money account, providing services that are designed to be Sharia-compliant and aligned with ethical values. The company offers a mobile app-based account that allows users to hold and manage funds, make domestic and international payments, use a debit card for transactions, and facilitate charitable donations directly from the app. Its mission is to provide a transparent and community-focused alternative to traditional banking.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

Contact

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MyAhmed

United Kingdom

Founded in

26 Sep 2019 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.