Daret Cycles (Digital Tontines)
Digitize your traditional community savings circles with zero cash risk and automated payouts.
How it works
Join a group of trusted individuals, contribute a fixed monthly amount, and take turns receiving the full pot. Our platform automates the rotation and tracks reliability.
Eligibility
Open to all verified users. Higher trust scores unlock access to larger pots and priority slots.
Fees & Costs
Zero interest. Small platform service fee (1-2%) for management and guarantee.
Timelines
Monthly cycles ranging from 3 to 12 months.
Screenshots
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FAQs
Is this really Sharia-compliant?
Yes. We use 0% interest models (Qard Hassan) and equity sharing (Mudarabah). Our Sharia board audits every transaction logic.
What if someone defaults?
We use a combination of social vouching, trust scores, and community protection pools (Sandouq) to manage risk without interest.