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How to set up Halal Savings on Busha

Halal Savings is a savings option for users who want to save in line with Islamic financial principles. With Halal Savings, you can save without earning interest on your savings.

Written by Anisah
  • From the Busha app, tap on "Savings".

  • Tap on "New plan" to create a new savings plan.

  • Choose the type of savings plan you want to create: Regular Savings or Group Savings.

  • Select the savings currency and plan type you prefer. You can choose between USD or NGN and select a Flexible or Fixed savings plan.

  • Select your savings frequency. You can choose to save one time, or set up a schedule to save daily, weekly, or monthly via Direct Debit.

  • Tap "Continue", then enter the amount you want to save.

  • Toggle on the "Halal Savings" option.

  • Review your savings plan and accept the Terms and Conditions. Then tap "Confirm" to create your savings plan.

That's it! Your Halal Savings plan is now set up.

The great thing about Halal Savings on Busha is that you can choose it for your individual savings plans. This means you have the flexibility to decide how you want to save, rather than having to apply it to all your savings.

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