Digital Muamalat

Redefining Sharia Compliant - Contract-Based Core Banking Solution

We are finance consumer like you. Passed the days we keep money under the pillow. We all mostly use banks. But it is us also to go through the extra charges, penalty, higher interest – just because the contract is not clear and fair for all of us. Since 1983 when Islamic banking was introduced by Malaysia, we are still doing modified conventional banking till now but not yet to be fully Sharia compliant.

Introducing Saadiqin

That’s why we build Saadiqin after years of research. Saadiqin is created  to offer non-banking entities, including you and me, the consumer.

We offer a transparent, fair distribution and no hidden charges financing with Saadiqin. We want to invite you for the enhanced Sharia compliant financing – not just on names.

Nothing is more frustrating in applying contracts and fulfilling its requirements than the unclear terms, uncertain sources of income and hidden unknown risk upon us. With Saadiqin, we offer you and the non-banking institutions to improve Sharia compliance process in finance.

1 - Saadiqin Financing System

An Islamic Financing System that was built from scratch using the Muamalat Smart Contracts based on
Blockchain Technology as the organizing principle in order to provide full Shariah Compliancy.


i-Smart Contracting System

Credit Scoring

Customer Information System

Financing Origination System

Treasury System

Financing Management System





SCIMS or Saadiqin Cooperative Information Management System empowers Cooperatives by providing the tools and processes to realize Shariah rulings into systemic rules, contracts and table processes; catering to the financing and operational processes provided by coops to its’ respective members.

Membership / CIF System

System that manages the cooperative members information

Financing Origination System

System that managing the applicants financing approval process

Human Resources & Admin System

System that keep and managing the cooperative matters related to employees

Accounting System

System that collects, stores, and processes financial and accounting data and produce informational reports

Saadiqin i-Coop

System developed based on contract-based that manages financing repayment, financing process

3 - Saadiqin Emulator

A platform for lecturers, students & practitioners to learn and experiencing true Islamic Banking system operation in compliance to Bank Negara’s Sharia Advisory Committee guidelines.

4 - Blockchain Smart Contract

i-Smart Contracting System” which is Muamalat Shariah Contracting System based on Blockchain technology that can interface between existing financing system with Pillars of Shariah Contracts namely offer & acceptance, matters concerning the contracting parties, subject matter and other relevant functions.

  • Validation Shariah rules and contract essentials (hukum dan rukun) govern by Blockchain Smart Contract technology (provide block diagram)
  • Follow Consensus protocol in order to establish chain

1. Muamalat Contract Rules & Essentials

2. Blockchain Muamalat Smart Contract

3. Contract Block Created

4. Blockchain Consensus Protocol

5. Chain of Muamalat Contract Blocks Created

Fulfilling the call of Islamic Financing

Those who devour usury will not stand except as stand one whom the Evil one by his touch Hath driven to madness. That is because they say: “Trade is like usury,” but Allah hath permitted trade and forbidden usury. Those who after receiving direction from their Lord, desist, shall be pardoned for the past; their case is for Allah (to judge); but those who repeat (The offence) are companions of the Fire: They will abide therein (for ever).

Al-Baqarah  2:275

Our Clients and Partners

We have started to educate and share our works in Digital Muamalat and Saadiqin specifically since 2017. We started with two segments and this year, we are looking forward to reach out to more people and institutions.

Universitas Muhammadiah Jakarta (UMJ)

Understanding how Sharia compliant finance work is very needed. We have started to collaborated with Universitas Muhammadiah Jakarta (UMJ) since August 2018 where we train the trainers, on Islamic banking, wadiah and murabahah.

Credit Cooperation (Koperasi kredit)

This is one of our first market segments when we started. We have worked with KEKAL (Koperasi Pendidikan Usahawan Berhad) to assist them in giving out business financing.

We are also excited to involve in the future of finance: P2P financing. For Saadiqin, we have partnered with to extend our initiatives here in Malaysia, with them in Indonesia.  

Non-banking Financial Institution

We look forward to include non-banking financial insitutes such as non-cooperation financing bodies, insurance firms, microloan organizations, payday lending and many more.