Terms of Service

1Acceptance of Terms

By downloading, installing, or using the Amanah Budget application, creating an account, or accessing any part of our website, you confirm that you have read, understood, and agree to be bound by these Terms of Service ("Terms") and our Privacy Policy, which is incorporated into these Terms by reference.

If you do not agree to these Terms, you may not use the Amanah Budget application or any related services. Your continued use of the service following any updates to these Terms constitutes your acceptance of the revised Terms.

2Description of Service

Amanah Budget is a personal finance management application designed to help Muslims manage their wealth in accordance with Islamic principles. The service provides the following core features:

Budgeting & Expense Tracking

Create monthly budgets by category, log manual transactions, and track spending against your budget in real time. Categories can be marked to reflect halal spending awareness.

Bank Account Linking

Optionally connect your bank accounts or credit cards via our third-party bank connectivity partner to automatically import and categorize transactions. Bank connectivity is an optional feature; the app is fully functional without it.

Savings Goals

Set and track savings goals with target amounts and deadlines. The app tracks progress and shows projected completion dates based on your savings rate.

Zakat Calculator

Calculate your annual Zakat obligation using live gold and silver market prices. The calculator applies the Nisab threshold based on the lower of the gold or silver standard, in accordance with widely accepted scholarly guidance. This calculation is provided as an informational tool — see Section 6 regarding the financial disclaimer.

Halal Spending Awareness

Transactions are analyzed for potential impermissibility based on merchant names and categories. This feature is an aid for awareness and does not constitute a religious ruling (fatwa).

Ramadan Budgeting

Tools for planning charitable giving (Sadaqah, Zakat al-Fitr) and adjusted spending during Ramadan.

We reserve the right to add, modify, or discontinue features at any time. Material changes to core functionality will be communicated to users in advance where reasonably practicable.

3User Accounts

Eligibility

You must be at least 18 years of age to create an account and use Amanah Budget. By creating an account you represent and warrant that you meet this age requirement.

Registration

You must provide a valid email address and create a password at registration. You agree to provide accurate, current, and complete information and to keep your account information up to date. False, inaccurate, or incomplete information may result in suspension or termination of your account.

Account Security

You are solely responsible for maintaining the confidentiality of your account credentials and for all activity that occurs under your account. You agree to:

• Never share your password with any third party
• Use a strong, unique password not used on other services
• Enroll in multi-factor authentication (required — see Section 4)
• Notify us immediately at security@amanahfund.com if you suspect unauthorized access to your account

We will not be liable for any loss or damage arising from your failure to safeguard your credentials.

One Account Per User

Each individual may maintain only one active account. Creating multiple accounts to circumvent restrictions, access free tiers after cancellation, or for any other purpose is prohibited.

4Multi-Factor Authentication

Amanah Budget requires all users to enroll in Time-based One-Time Password (TOTP) multi-factor authentication (MFA) as a condition of account access. MFA enrollment is mandatory and cannot be skipped. This requirement exists because Amanah Budget handles sensitive financial data, and we consider strong authentication to be a baseline security obligation we owe to our users.

Enrollment

New users are prompted to enroll a TOTP authenticator app (such as Google Authenticator, Authy, or 1Password) immediately after account creation. You will not be able to use the app until enrollment is complete.

Responsibility for Authenticator Access

You are responsible for maintaining access to your TOTP authenticator app. If you lose access to your authenticator device, contact us at security@amanahfund.com to begin an identity-verified account recovery process.

5Acceptable Use

You agree to use Amanah Budget only for its intended purpose of personal, lawful financial management. The following are expressly prohibited:

• Fraudulent activity: Using the service to facilitate, plan, or conceal financial fraud or money laundering
• Unauthorized access: Attempting to access accounts, systems, or data that do not belong to you
• Reverse engineering: Decompiling, disassembling, or otherwise attempting to derive source code from the application
• Automated scraping: Using bots, scripts, or automated tools to access or extract data from the service
• Impersonation: Misrepresenting your identity or affiliation within the service
• Interference: Introducing malware, engaging in denial-of-service attacks, or otherwise disrupting the service or its infrastructure
• Commercial exploitation: Reselling, sublicensing, or offering the service on a commercial basis without our prior written consent
• Violation of applicable law: Using the service in any manner that violates the laws of Ontario, Canada, or the laws of your jurisdiction

Violations may result in immediate account suspension or termination and, where applicable, referral to law enforcement authorities.

6Financial & Religious Disclaimer

Financial Decisions

No content within Amanah Budget should be relied upon as the basis for financial or investment decisions. You should consult a qualified financial advisor or accountant for advice specific to your situation.

Zakat Calculations

The Zakat calculator applies one commonly accepted scholarly approach to Nisab and Zakat computation. Islamic jurisprudence contains differing scholarly opinions on many aspects of Zakat — including Nisab thresholds, asset categories, and exemptions. The calculation provided by the app is a starting point, not a definitive religious ruling. Consult a qualified Islamic scholar or imam for guidance specific to your circumstances and madhab.

Halal Categorization

The halal spending awareness feature uses automated keyword and AI analysis to flag transactions that may involve impermissible goods or services. This system may produce false positives or miss relevant transactions. It is an organizational aid only — not a fatwa — and should not be treated as a certification of permissibility or impermissibility.

Market Data

Gold and silver prices used in Zakat calculations are sourced from a third-party market data provider and are cached periodically. Prices displayed may not reflect real-time market values. We make no warranty as to the accuracy or timeliness of market data.

7Bank Account Linking

Powered by Plaid

Bank account connectivity is provided by Plaid Technologies, Inc. ("Plaid"), a regulated financial data aggregation service. When you choose to link a bank account, you are interacting directly with Plaid's secure interface to authenticate with your financial institution.

What We Receive

Amanah Fund never receives, transmits, or stores your banking username, password, or security questions. Plaid provides us with a secure, limited-purpose access token that allows us to retrieve the following read-only data on your behalf:

• Account names, types, and balances for accounts you select
• Transaction history including merchant names, amounts, and dates
• Plaid's transaction category classifications

We do not have the ability to initiate payments, transfers, or any other write operations on your bank accounts.

Plaid's End User Agreement

By linking a bank account, you also agree to Plaid's End User Privacy Policy. Plaid operates independently of Amanah Fund and is subject to its own terms and privacy practices.

Disconnecting a Bank Account

You may disconnect any linked bank account at any time through Settings → Linked Accounts in the app. Disconnecting immediately revokes Plaid's access token and terminates any further transaction syncing for that institution. Transaction data already imported prior to disconnection will remain in your account unless you separately delete those transactions or your account.

Re-linking

If you disconnect and later re-link the same institution, transaction history will be re-synced from the point of re-connection. Earlier transaction history from the previous connection may not be recovered if your financial institution's data retention window has elapsed.

8AI-Powered Features

Amanah Budget uses artificial intelligence to assist with transaction categorization and halal spending awareness. This section explains how these features work and their limitations.

What Is Analyzed

When the AI categorization feature is active, merchant names and transaction descriptions are sent to our AI provider to suggest a spending category and assess potential halal concerns. We do not send personally identifiable information, account numbers, or financial totals to our AI provider for this purpose.

Accuracy

AI-generated categorizations and halal flags are suggestions, not definitive classifications. The system may make errors, especially with unfamiliar or ambiguous merchant names. You can manually correct any categorization at any time.

Third-Party AI Provider

AI features are powered by Anthropic, PBC. Merchant name data processed by this feature is subject to Anthropic's data handling policies. Anthropic does not receive your name, email, account balances, or other personally identifying information.

9Subscriptions & Payments

Subscription Tiers

Billing

Paid subscriptions are billed on a monthly or annual basis, at the pricing displayed in the app at the time of purchase. Payments are processed entirely through the Apple App Store or Google Play Store. Amanah Fund does not directly process or store your payment card information.

Free Trials

Where a free trial is offered, it will be clearly disclosed before purchase. Your subscription will automatically renew at the applicable rate at the end of the trial period unless cancelled beforehand.

Cancellation

You may cancel a paid subscription at any time through your App Store or Google Play subscription settings. Cancellation takes effect at the end of the current billing period — you will retain access to paid features until that date. We do not pro-rate refunds for partial billing periods.

Refunds

Because billing is managed by Apple or Google, refund requests must be directed to the relevant platform. Amanah Fund does not issue refunds directly. Platform refund policies apply.

Price Changes

We may change subscription prices with reasonable advance notice. Price changes will not affect your current billing period and you will be notified before any increase takes effect.

10Intellectual Property

All content, features, and functionality of Amanah Budget — including but not limited to the application software, user interface design, text, graphics, icons, logos, and the Amanah Fund and Amanah Budget names and marks — are owned by Imran Virk, operating as Amanah Fund, and are protected by applicable copyright, trademark, and intellectual property laws.

Your Data

You retain full ownership of the financial data you enter into Amanah Budget. We do not claim any intellectual property rights over your personal financial information. By using the service, you grant us a limited, non-exclusive license to store and process your data solely to provide the service to you.

Restrictions

Without prior written permission from Amanah Fund, you may not:

• Copy, reproduce, or distribute any part of the application or its content
• Create derivative works based on the application
• Use Amanah Fund's name, logo, or trademarks in any manner that implies endorsement
• Use any portion of the application for commercial purposes

11Data & Privacy

Your privacy is central to how we built Amanah Budget. Our full Privacy Policy is incorporated into these Terms by reference and governs how we collect, use, store, and protect your personal and financial information.

Core Commitments

• We do not sell, rent, or trade your personal or financial data
• We do not display advertisements
• Your data is encrypted in transit (TLS) and at rest (AES-256)
• Database-level access controls ensure your data is accessible only to your own account
• We share data only with the limited set of service providers described in our Privacy Policy, each bound by data protection obligations

Account Deletion

You may request deletion of your account at any time by contacting privacy@amanahfund.com. Upon deletion, all personal data and financial records are permanently removed within 30 days. Any linked bank access tokens are revoked immediately upon deletion request.

12Termination

Termination by You

You may stop using Amanah Budget and request account deletion at any time. Instructions for account deletion are available in the app under Settings, or by contacting legal@amanahfund.com.

Termination by Amanah Fund

We reserve the right to suspend or permanently terminate your account, with or without notice, if we have reasonable grounds to believe that you have:

• Violated any provision of these Terms
• Engaged in fraudulent, abusive, or illegal conduct
• Created risk or potential legal liability for Amanah Fund or other users
• Provided false or misleading information at registration

Where feasible, we will provide prior notice and an opportunity to address the issue before terminating an account.

Effect of Termination

Upon termination, your right to use the service ends immediately. Provisions of these Terms that by their nature should survive termination — including Sections 10, 11, 13, 14, and 15 — will remain in effect.

13Limitation of Liability

To the fullest extent permitted by applicable law, Amanah Fund, its owner, affiliates, and service providers shall not be liable for any:

• Indirect, incidental, special, consequential, or punitive damages
• Loss of profits, revenue, data, goodwill, or business opportunities
• Damages arising from unauthorized access to or alteration of your data
• Damages arising from your reliance on any financial calculation, categorization, or halal assessment produced by the app
• Damages arising from service outages, inaccurate market data, or bank connectivity failures
• Damages resulting from third-party services including Plaid, our database provider, or our AI provider

This limitation applies regardless of the theory of liability (contract, tort, negligence, strict liability, or otherwise) and even if we have been advised of the possibility of such damages. In any case, our aggregate liability to you for all claims arising out of or relating to these Terms or the service shall not exceed the total amount you have paid to us in the 12 months preceding the claim, or CAD $100, whichever is greater.

Some jurisdictions do not permit the exclusion or limitation of certain damages. In those jurisdictions, our liability shall be limited to the maximum extent permitted by law.

14Disclaimer of Warranties

Amanah Budget is provided "as is" and "as available" without any warranty of any kind, express or implied. To the fullest extent permitted by law, Amanah Fund expressly disclaims all warranties, including:

• Merchantability: We do not warrant that the service is fit for any particular purpose
• Uninterrupted availability: We do not guarantee the service will be available at all times or free from errors
• Accuracy: We do not warrant that financial calculations, market data, transaction categorizations, or halal assessments are accurate, complete, or current
• Security: While we apply industry-standard security measures, we cannot guarantee that unauthorized third parties will never circumvent them

Your use of the service is at your sole risk.

15Governing Law & Dispute Resolution

Governing Law

These Terms are governed by and construed in accordance with the laws of the Province of Ontario, Canada, without regard to its conflict of law principles. The United Nations Convention on Contracts for the International Sale of Goods does not apply.

Dispute Resolution

We encourage you to contact us first at legal@amanahfund.com if you have a concern — most issues can be resolved quickly and informally. If a dispute cannot be resolved informally, it shall be submitted to the exclusive jurisdiction of the courts of the Province of Ontario, Canada.

Users Outside Canada

Amanah Budget is operated from Ontario, Canada. If you access the service from outside Canada, you do so at your own initiative and are responsible for compliance with applicable local laws. Nothing in these Terms limits your rights under mandatory consumer protection laws in your jurisdiction.

16Changes to These Terms

We may update these Terms from time to time to reflect changes in the service, applicable law, or our business practices. When we make material changes, we will:

• Update the "Last updated" date at the top of this page
• Notify you via in-app notification or email at least 14 days before the changes take effect (where practicable)

Your continued use of Amanah Budget after the effective date of any updated Terms constitutes your acceptance of the revised Terms. If you do not agree to the updated Terms, you must stop using the service before they take effect.

17Contact

If you have questions about these Terms, would like to report a violation, or need to exercise any of your rights under these Terms, please contact us:

• Legal: legal@amanahfund.com
• Privacy: privacy@amanahfund.com
• Security: security@amanahfund.com
• Website: amanahfund.com

We respond to all inquiries within 30 days.