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Social Banking

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Retail challenger bank enabling charitable contributions through Islamic finance.

Overview

Social Banking operates as a retail challenger bank that focuses on facilitating charitable activities and financial contributions in accordance with Islamic principles. The platform offers various products, including charity programs and productive endowments, which are managed in partnership with organizations such as the Indonesian Wakaf Board and Al-Azhar Foundation. Social Banking invests in sharia-compliant financial instruments with the objective of enhancing healthcare facilities and supporting livestock farmers. The platform includes a savings feature that allows users to automate their contributions, thereby simplifying the process of engaging in philanthropy. Social Banking targets individuals who are interested in charitable giving and aims to provide a streamlined approach to philanthropy while ensuring adherence to Islamic values.

Key facts

Founded
2020
Headquarters
Jakarta, Indonesia

Business model

Contact

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About Social Banking

What does Social Banking do?

Social Banking operates as a retail challenger bank that focuses on facilitating charitable activities and financial contributions in accordance with Islamic principles.

Where is Social Banking headquartered?

Social Banking is headquartered in Jakarta, Indonesia.

When was Social Banking founded?

Social Banking was founded in 2020.

Which sector is Social Banking in?

Social Banking operates in Digital Banks, part of Financial Technology.

Who are Social Banking's competitors?

Companies similar to Social Banking include Zynlo, Stellas, and Social Bank.