Mapping Malaysia's Resource Centres

133 MAPPING MALAYSIA’S RESOURCE CENTRES world’s first Islamic Payment switch, ‘Al Sirat’ and payment gateway featuring an Islamic merchant acquiring system. Projects Undertaken (Domestic) Collaboration with government Authorities such as Pusat Pungutan Zakat (alms collection centre), International Shari’ah Research Academy for Islamic Finance (ISRA), International Centre for Education in Islamic Finance (INCEIF). Projects Undertaken (International) Collaboration with Zurich Takaful. Recognition and Awards Its string of awards include: 1. Best Islamic Fintech Program, GIFA (Global Islamic Finance) AWARDS, 2019. 2. Brandlaureate World Halal BestBrands Award, 2019. 3. The European Award – Global Banking & Finance Award, 2019. International Cooperation Programme / Success Stories PayHalal’s many accolades and achievements include successful collaborations with Zurich Takaful and government authorities such as Pusat Pungutan Zakat (alms collection centre), International Shari’ah Research Academy for Islamic Finance (ISRA), International Centre for Education in Islamic Finance (INCEIF). PayHalal has also partnered with organisations such as Visa; Gerakan Desa Mas Indonesia, which serves over 80 million muslims; and Ethis Global Sadaqah in championing an Islamic Digital Ecosystem. interest payments are forbidden under Islam. It generally facilitates the full benefits of Islamic fintech to Muslims in performing their Fardu Ain (religious obligation) and Fardu Kifayah (communal obligation) in their everyday lives through partnerships with various Islamic Banks and Halal Merchants. Since its launch in 2018, PayHalal has grown steadily in comparison to its contemporaries. It is estimated that over 3 million Muslim users will sign-up for PayHalal’s services with more than RM480 million payment transactions conducted through the PayHalal Islamic financial engine by 2020. Driven by the calibre of its founding members who are eminent Islamic Financial Specialists, PayHalal prides itself in the successful development of the ADDRESS Unit 50-6-13 Wisma UOA Damansara 1, 50 Jalan Dungun, Damansara Heights, 50490 Kuala Lumpur, Malaysia. CONTACT PERSON Dato Badlisyah Abdul Ghani (Chief Executive Officer) Patrick Thevarajah (Chief Marketing Officer) CONTACTS T: +603 2011 8088 F: +603 2011 8089 E: badlisyah.abdulghani@payhalal.my / patrick@payhalal.my WEBSITE www.payhalal.my YEAR OF ESTABLISHMENT 2015 NO. OF STAFF 13 GEO-COORDINATES 3.151749, 101.666007 AREA OF EXPERTISE Fintech Development, Shariah Robo Advisory, Shariah Compliant Payment Technology, Artificial Intelligence, Machine Learning and Robotics. STRENGTHS AND ACHIEVEMENTS Developed the world’s first Islamic Payment switch, ‘Al Sirat’ and payment gateway featuring an Islamic merchant acquiring system. INTERNATIONAL COOPERATION/ SUCCESS STORIES Collaborations with Zurich, Pusat Pungutan Zakat (alms collection center), International Shari’ah Research Academy for Islamic Finance (ISRA), International Centre for Education in Islamic Finance (INCEIF), Gerakan Desa Mas Indonesia, Ethis Global Sadaqah and Visa. SOUQA FINTECH SDN. BHD. (PAYHALAL)