Company Information

Get to know Taqsiit

Taqsiit is a Saudi closed joint stock company and a Fintech firm licensed by the Saudi Central Bank (SAMA). The company specializes in providing Sharia-compliant consumer financing solutions through its Buy Now, Pay Later (BNPL) platform. Its mission is to empower consumers with flexible payment options and help merchants increase sales by integrating Taqsiit's payment solution at checkout, both online and in-store. The service allows customers to split their purchase payments into multiple installments without interest or hidden fees.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service

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Taqsiit

United Arab Emirates

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

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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.