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.
We're glad that you liked it, and we appreciate your kind review -Wail
Great job for startup
Nassir6rrrrrH
The whole point of downloading the app is the track and save as they say ! 10 months same problem they cannot read my Visa card. you can do better.
Developer Response
We are sorry to hear that dear Nassir, some banks have occasional issues with Visa cards integration and we follow up with them regularly to resolve it. As the first open banking product in Saudi, we are trying our best to provide top service for free, but it still needs time and cooperation from all parties to be complete. - Abdullah
Safety and educational
AssoraAhyad
I like this app because it’s easy to navigate and immediately respond.
Issue loading spend screen
Ahmad_SD
The app is ok, but most of the time it fails to show the spend analysis and get stuck on loading the data.Investing UI is great.
Developer Response
Thanks for your review Ella, we've released multiple updates that has fixed this issue. Our in-app support team is in your service, and we wish you the best experience now - 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 4.43.1
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, for example, based 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