Niyah
Niyah was a mobile-only Islamic banking solution founded in 2018 in Port Louis, Mauritius, targeting sharia-compliant banking users via smartphone. The venture appears inactive, as its domain is parked and no active product, funding, or team beyond the founder is documented.
- Company typePrivate
- Founded2018
- HeadquartersPort Louis, Mauritius
- Headcount1–10
- GTM typeB2C
- OfferingServices
Niyah firmographics
Firmographics- Name
- Niyah
- Website
- https://getniyah.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Closed
- Headcount range
- 1–10 employees
- Short description
- Niyah was a mobile-only Islamic banking solution founded in 2018 in Port Louis, Mauritius, targeting sharia-compliant banking users via smartphone. The venture appears inactive, as its domain is parked and no active product, funding, or team beyond the founder is documented.
- Ownership category
- akta.pro rank
Niyah industry classification
Industry- Product category
- Islamic Mobile Banking
- akta.pro primary industry
- Islamic Retail Banking (FSABAGAA)
- akta.pro secondary industry
- Islamic Deposit & Account Products (Current/Savings/Investment Accounts) (FSABAGAI)
Keywords
Where Niyah is headquartered
LocationHeadquarters
- HQ city
- Port Louis
- HQ country
- Mauritius
- HQ region
- Africa
Markets served
Niyah business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Niyah product offering
Product offeringCore offering
Niyah is described as a mobile-only Islamic banking solution providing Sharia-compliant banking services through a mobile application. The company was founded in 2018 in Port Louis, Mauritius and operated with 1-10 employees. The domain getniyah.com is currently parked by GoDaddy with no documented active product features or service offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Niyah Mobile Banking App
Companies that use Niyah
Customer profileIdeal customer profiles1 record
Niyah technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Niyah competitors and assessment
Company assessmentBroad incumbents
- Gatehouse Bank: UK-headquartered Shariah-compliant bank offering savings, property finance, and wealth products. Directly comparable in Islamic retail banking category but competing at larger scale and with a broader product line than Niyah.
- Al Rayan Bank: UK's largest Islamic bank, offering Shariah-compliant current accounts, savings, and home finance. Comparable to Niyah in core product category (UK/retail Islamic banking), though it operates with physical and digital channels rather than mobile-only.
- Abu Dhabi Islamic Bank (ADIB): One of the largest Shariah-compliant banks globally, offering full retail, wealth, and corporate Islamic banking products. Comparable in the Islamic retail banking category that Niyah targets, though at vastly larger scale and via multi-channel distribution.
- Al Rajhi Bank: Saudi Arabia's largest Islamic bank with a leading mobile app and broad Shariah-compliant product range. Directly comparable to Niyah in mobile Islamic retail banking, though at materially larger scale.
- Bank of London and the Middle East (BLME): UK-based wholesale and commercial Islamic bank that also serves Shariah-compliant wealth and savings needs. Comparable to Niyah in Shariah-compliant banking infrastructure and customer base.
Emerging players
- Wahed Invest: Global digital halal investment platform that screens portfolios for Shariah compliance via a mobile app. Comparable to Niyah in distribution channel (mobile-first) and target customer (Muslim retail), though it focuses on investing rather than full banking.
- Zoya Finance: Shariah-compliance screening app for Muslim investors, enabling portfolio screening across brokers. Comparable in mobile-first delivery and the Muslim retail customer segment, though specialized to investing rather than banking.
- Sarwa: UAE-headquartered digital wealth platform offering Shariah-compliant investment options via a mobile interface. Comparable to Niyah in its Muslim retail focus and mobile-first delivery, though with a more limited product surface.
Regional players
- Meezan Bank: Pakistan's largest Islamic bank with a leading digital/mobile platform serving Muslim retail customers. Comparable in Islamic banking product category and digital delivery model to Niyah's stated approach.
Direct peers
- Nomo Bank: UK-based digital Shariah-compliant bank offering a mobile-first current account and savings products. Closely comparable to Niyah's stated positioning as a mobile-only Islamic banking solution, including the same target demographic of under-served Muslim retail customers.
Market position
Customer concentration
Niyah social profiles
Digital presenceNiyah financial estimates
Financial estimateRevenue estimate
Valuation estimate
Niyah leadership team
Management profileNumber of profiles
Profiles1 record
Niyah funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Niyah M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Niyah
What does Niyah do?
Niyah is described as a mobile-only Islamic banking solution providing Sharia-compliant banking services through a mobile application. The company was founded in 2018 in Port Louis, Mauritius and operated with 1-10 employees. The domain getniyah.com is currently parked by GoDaddy with no documented active product features or service offerings.
Is Niyah a public or private company?
Niyah is a private company. It is classified as unknown and is currently closed.
When was Niyah founded?
Niyah was founded in 2018. It employs 1 to 10 people.
Where is Niyah based?
Niyah is headquartered in Port Louis, Mauritius, in the Africa region.
Who are Niyah's main competitors?
Broad incumbents on record are Gatehouse Bank, Al Rayan Bank, Abu Dhabi Islamic Bank (ADIB), Al Rajhi Bank and Bank of London and the Middle East (BLME). Emerging players are Wahed Invest, Zoya Finance and Sarwa. Meezan Bank is listed as a regional player. Nomo Bank is listed as a direct peer.
Does Niyah have an API?
No public API is recorded for Niyah.
What industry is Niyah in?
Niyah's product category is Islamic Mobile Banking. Its primary akta.pro industry code is FSABAGAA, Islamic Retail Banking, with a secondary code of FSABAGAI, Islamic Deposit & Account Products (Current/Savings/Investment Accounts).