Digi Dokaan is a digital marketplace in Bangladesh that offers a “Buy Now Pay Later” (BNPL) service based on Islamic Shariah principles that allows customers to pay in installments instead of paying in full while purchasing products. Also provide easy access to credit (product Loan) to non-bank customers in partnership with lenders. Unlike conventional loans or lines of credit, Shariah BNPL payment options do not require lengthy applications or collateral. Digi Dokaan apps are easy to use, and have low interest rates and fees as well as credit limits that allow customers to make the most essential purchases.
To ensure compliance with Shariah laws, Digi Dokaan has established a Shariah Advisory Board consisting of prominent Islamic scholars and experts in finance and economics. The board is responsible for overseeing the platform’s operations and ensuring that all transactions are conducted in compliance with Shariah principles. Digi Dokaan offers a wide range of products, including electronics, Grocery, health and beauty, home and living. Customers can choose to pay for their purchases in installment plans ranging from 1 to 12 months. Overall, Digi Dokaan is a pioneering platform in Bangladesh that provides a BNPL service based on Shariah principles. It offers a convenient and affordable way for customers to make purchases without compromising their religious beliefs.