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How does Malaa compare to other companies?
How does Malaa compare to other companies?
Faisal Alqarni avatar
Written by Faisal Alqarni
Updated over a week ago

We pride ourselves in creating the best financial tool to make better financial decisions, which gives us the following compared to other personal financial planners and Robo-advisers.

  1. We help you manage the full spectrum of your money together in one place for a very transparent cost structure. We help you save, invest, and borrow. Our tool is offered for free to save and manage your expenses; connect as many bank accounts as you like (there are no premium features).

  2. We're a fiduciary; we are required to act in your best interests, and we avoid conflicts of interest. We do not charge any fees for using our services until you decide to start investing with us (we don't charge you over borrowing; our fees are charged to banks and financing companies). For investment, we don't build our own funds and then recommend them to you if its not in your best interest, the same other companies do.

  3. We are a product and customer-oriented firm, our platform is built on cutting-edge technologies to provide you the best experience and the most personalized advice developed by our passionate team of experts.

  4. We are regulated by both the Saudi Central Bank and The Capital Markets Authority, we provide bank-level security with heavy due diligence done on our policies and procedures. frequent reports are filed to our regulators, and all complaints are shared to ensure solutions are implemented promptly

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