Save together. Receive together.
Wafir makes group savings simple, structured, and transparent — helping members contribute together and receive their turn with complete confidence.
The 6-Member Rotating Payout Cycle
Watch how pooled monthly contributions are securely safeguarded in a licensed Qatari bank escrow account and disbursed sequentially to every member.
Month 1 — Member 01 receives payout
All 6 members contribute their monthly 2,000 QAR (12,000/6) into the Segregated Escrow Bank. The full 12,000 QAR pooled amount is disbursed directly to Member 01.
How Wafir Works
The timeless tradition of group savings (Jam'iyyah), reimagined with institutional clarity, digital tracking, and bank-grade security.
Join
Create your account and complete digital identity verification (eKYC). Browse savings circles tailored to your approved monthly limit.
Contribute
Members make their agreed monthly contribution electronically inside the app. Automated reminders keep everyone on schedule.
Your Turn
When your chosen month arrives, the pooled payout is transferred directly into your verified Qatari bank account without delay.
Complete
Continue your monthly contributions until all 6 members have received their turn. A completed circle strengthens your financial track record.
Built with trust at the center
Wafir combines local regulatory compliance with rigorous financial protections so you can save with peace of mind.
Qatar Central Bank Sandbox
Established under Qatar law, Wafir has obtained a license from the Qatar Central Bank to test innovative group savings products in a regulated sandbox environment.
Segregated Escrow Accounts
Monthly member contributions are held in a segregated escrow account with a licensed Qatari bank, completely separated from Wafir operational funds and utilized exclusively for circle payouts.
Qatar Credit Bureau Reporting
On-time contributions are reflected in your credit history with the Qatar Credit Bureau, building a verified track record of financial reliability.
Transparent Pricing, Zero Interest
No interest is ever charged. Wafir charges a clearly disclosed subscription fee for facilitating and administering the circle, shown upfront before you commit.
Wafir operates within the Qatar Central Bank FinTech Regulatory Sandbox environment. Wafir does not provide loans or credit facilities.
Download the Wafir App today
Join thousands of verified members in Qatar who are saving smarter, building credit, and reaching their goals together.
