Company Information

Get to know Tayyab

Tayyab was founded to address the need for accessible, ethical, and technologically advanced financial services for the UK's Muslim community. The company provides a digital-first banking experience through its mobile app, offering services such as a current account and a debit card that are fully compliant with Islamic finance principles. Its mission is to empower customers to manage their finances in a way that aligns with their faith, ensuring all operations are free from interest (Riba) and investment in non-ethical industries. Tayyab operates as an EMD (Electronic Money Directive) agent of PayrNet Limited, which is an Electronic Money Institution authorised by the FCA.

Industry

Financial BankingPRIMARY
Financial Other Service

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Tayyab

United Arab Emirates

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Security Information

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This company is currently Unproved.

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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.

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.