Amwal Tech Information

Amwal is the infrastructure layer enabling banks to turn existing credit cards into programmable installment products across merchants and acceptance channels. Our bank-powered platform connects banks, merchants, and cardholders to deliver secure, Shariah-compliant installment experiences online, in store, and through digital wallets—without requiring customers to open a new account or obtain a new credit line. Founded in Saudi Arabia in 2022, Amwal combines payment infrastructure, identity orchestration, and patented authentication technology (US Patent No. 12,388,646 B2) to provide encrypted, frictionless checkout experiences at scale.