Hakbah
Updated: January 21, 2026 • All Hakbah product data verified by Giraffy Radar.
Hakbah is a Saudi digital savings platform designed to help users save money collectively and reach financial goals through structured, interest-free savings circles. Built around Islamic financial principles, Hakbah enables individuals to join or create savings groups where members contribute a fixed amount regularly and receive a lump sum payout during the savings cycle.
The platform operates fully online through its website and app, removing the need for traditional bank accounts or complex paperwork. Hakbah appeals to users who prefer disciplined, goal-oriented saving for weddings, travel, education, debt repayment, or major purchases. By combining community accountability with digital convenience, Hakbah offers a modern, Shariah-compliant alternative to traditional savings accounts in Saudi Arabia.
Quick Stats
1
Live Offers
2021
Founded
100K+
Customers
Savings
Hakbah Savings is built around the concept of group-based savings, where users commit to saving a fixed amount each cycle and receive a lump-sum payout at an agreed time. Users can either join existing Hakbah circles or create their own, choosing contribution amounts, duration, and payout order.
All savings are interest-free and follow Islamic financial principles, making Hakbah suitable for users who want a Shariah-compliant way to save without relying on banks. The platform encourages discipline and consistency by locking contributions into the agreed schedule, while still offering flexibility through different group sizes and timelines. Hakbah Savings is commonly used for short- to medium-term goals such as weddings, tuition fees, travel plans, or large personal purchases.
Why Hakbah Savings Is Good
- Fully Shariah-compliant, interest-free savings model
- Goal-based saving with fixed contribution schedules
- Encourages discipline through group accountability
- Flexible options to join or create savings circles
- Digital platform with simple onboarding
- Suitable for short- and medium-term financial goals
Latest offers
See all offersI used Hakbah to save for my wedding, and it really helped me stay disciplined. The process was simple, the app was easy to use, and getting the lump sum on time made a huge difference. It’s a great option if you struggle to save on your own.
A
Aisha K.
Riyadh
Why Hakbah?
Hakbah is an excellent choice for users who want a structured, Shariah-compliant way to save toward specific goals. Its group-based savings model encourages consistency and accountability, making it especially useful for short- and medium-term planning.
If you prefer disciplined saving without interest, banks, or complex financial products, Hakbah offers a simple and modern solution that fits well within Saudi Arabia’s Islamic finance landscape.
Frequently Asked Questions
Compare Hakbah with other Saudi Arabian providers
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