Meet Malaa: your all-in-one financial app that helps you track, save, and grow your money!
Effortlessly integrate your bank accounts, view your spending patterns, and boost your savings through investments. Regulated under Saudi Central Bank's guidelines and Saudi Capital Market Authority, our priority is helping you understand your financial data, not capitalizing on it.
+ Monitor all your bank accounts:
Our integration brings together all your bank accounts in one place, so you can see your spending and earnings at a glance. No more logging in to multiple accounts or manually entering transactions. We automate the expense tracking to help you stay on top of your finances. Malaa integration with your bank is compliant with the Saudi Central Bank's guidelines for open banking, so you can rest assured that your financial data is encrypted.
+ Know where you spend your money:
Our new categorization engine will automatically categorize your transactions so you can see exactly where your money is going. No more guessing! you can create budgets for different categories of spending, like groceries, transportation, and entertainment. Then, our engine will automatically allocate each transaction to its corresponding budget, so you can easily control your spending.
+ Take a deeper look at your finances:
Get key insights about your finances so you can make smart decisions. Customize your analytics report to track what's most important to you, and quickly view balances, categories across all of your accounts. See past transactions to understand your spending and make sure you're on track to reach your financial goals.
+ Grow your savings with investments:
with just a few questions, our algorithm will create a personalized investment portfolio that meets your risk tolerance and financial goals. You can deposit money easily with Mada, Visa, Mastercard, Apple Pay, or bank transfer. And our team of investment experts will manage your portfolio for you, so you can relax and focus on other things. Our investments have been reviewed by the Shariyah Review Bureau making it Shariah compliant, we also automatically calculate and pay your zakat for you, so you don't have to worry about it.
Malaa offers the lowest annual management fee in Saudi Arabia at 0.35%. You can start investing today with as low as 1000 SAR for your initial deposit, and 50 SAR for subsequent deposits.
I downloaded your app after suggestions by a Saudi colleague friend but after all the verification i found it is not for expat like me. Please allow expats because the Kingdom already allowed us to invest in local stocks. Already I have portfolio in the kingdom so by your app it will be good to diversify our investments and i can have exposure to other global market too.I will be privileged if my queries heard.Thanks
Developer Response
Your queries were indeed heard our dear partner, and we appreciate your enthusiasm & are working to keep earning it with our continuous updates. -Abdullah
Excellent highly recommended
Recommender_123
This app offers a lot and a must for all.The most important feature is the long term investment option in diversified portfolio including world biggest and most successful companies like Saudi Aramco, Apple, Microsoft and more than 300 other companies in USA ( HLAL ETF) and saudi Arabia ( KSA ETF) and they are sharia compliance.
Developer Response
We truly appreciate your kind review, maintaining our portfolios quality is at the forefront of our priorities to keep your journey in achieving your financial goals seamless & prosperous. -Abdullah
Home page arrangement
Abdalla Khalid
I strongly suggest rearranging the home page as people don’t have the same use of the app, for me it’s an investment wallet not expenses management, so I think you have to add the ability of rearranging Home Screen to show up the investment wallet as a Home Screen , the ability to arrange sectors and showing or hiding the will be great addition.Thanks
Developer Response
Thanks for leaving your concern Abdalla, we’re actually working on this feature with other features set to be released before year end, we hope that you will like it. - Abdullah
Excellent and helpful app
RawabiAlsh
It’s a good app that helps you track your expenditures. It has an investment option as well, so 2 in 1. You can connect different bank accounts, which is great. However, the way of presenting your expenditures is not visually appealing. Also, the budget section is not well presented. I hope we can see some charts and pie charts.
Developer Response
We appreciate your support & constructive feedback Rawabi, it helped us improve the experience by adding a dynamic expenses chart while enhancing the app overall. Our upcoming updates holds even more innovative features, so stay tuned. -Abdullah
We release updates frequently and are constantly improving the app to make it better for you to manage your finances. We rely on your feedback to continuously and iteratively develop the app. Reach us through in-app chat or through social media. We’re happy to chat
Version 5.4.1
The developer, Mala'a For Information Technology Company, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Identifiers
Usage Data
Data Linked to You
The following data may be collected and linked to your identity:
Financial Info
Identifiers
Usage Data
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Contact Info
Diagnostics
Privacy practices may vary based, for example, on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
