Your pension, on your phone. Even if you're not on payroll.
Taqaad turns a monthly saving into a retirement income for freelancers, the self-employed, homemakers and expats.
- Open an account in minutes at launch
- Invest in a low-risk, Sharia-compliant portfolio
- See your future income grow, live in the app
- Emergency withdrawal within 24 hours, once a year
Launching soon. Join the waitlist to be first in.
Retirement projection
LIVE- Estimated monthly income from age 60
- — / month
- You pay in by 60
- —
- Projected savings at 60
- —
Illustration only, not a guarantee. Assumes a 5% annual return while saving, retirement at 60 and income paid over 20 years at a 4% return. Real returns can be higher or lower, and the value of investments can fall.
The gap
The pension system covers formal employees. Everyone else is on their own.
of people in the Gulf contribute to a pension or long-term savings plan.
Saudis are registered on the government freelance platform, with no employer pension.
Vision 2030's target for household savings as a share of income.
Sources: BlackRock, Read on Retirement: GCC 2026; MHRSD, Sept 2024; Vision 2030 Financial Sector Development Program.
The app
Your retirement, managed in one app. Coming soon.
You'll open your account, set your monthly saving and follow your progress from your phone, with the click of a button.
Open an account in minutes
You'll verify your identity with Nafath. No forms to print or sign.
Live retirement projection
See your future monthly income update every time you save or change your plan.
Automatic monthly saving
Set it once. Pause, change or top up whenever your income changes.
Emergency withdrawals in 24h
Once a year, with no penalty. Eligibility is checked automatically.
How it works
From first saving to retirement income in three steps
Choose your plan
Pick the plan that fits your income, from SAR 300 a month.
We invest it, low-risk
A diversified Sharia-compliant portfolio of sukuk, index funds and deposits.
Receive a monthly income
From the retirement age you choose, your savings switch from growing to paying you every month.
Plans
Pick the amount that fits your month
Starter Saver
- Live retirement projection
- Sharia-compliant portfolio
- Annual emergency withdrawal
Growth Plan
- Live retirement projection
- Sharia-compliant portfolio
- Priority emergency withdrawal
Future Secure
- Live retirement projection
- Sharia-compliant portfolio
- Instant emergency withdrawal approval
Fees are shown in full before you subscribe: an annual management fee of 1% of your savings.
For employers · End-of-service programme
End-of-service benefits, funded and automated
Most Saudi employers carry end-of-service benefits as an unfunded liability and pay leavers from cash. Taqaad connects to your payroll, sets the money aside every month and invests it until an employee leaves.
Unlike employer-only plans, the account belongs to your employee. If they leave, it goes with them, and they can keep saving on their own.
Payroll sync
Monthly contributions of about 4.2% of each employee's end-of-service wage, calculated automatically.
Ring-fenced, Sharia-compliant fund
Will be held by an independent custodian and invested in Murabaha, sukuk and Sharia-compliant equities.
Funds ready when someone leaves
When your HR team confirms a leaver, the end-of-service amount is released from the fund, so you never pay it from cash.
Auditor-ready reporting
An annual end-of-service liability report for your auditors (IAS 19).
For employers
Workplace Retention Plan
Contribute a set amount each month, or match what your employees save, into their own Taqaad retirement accounts. It is a benefit people value, and one that rewards staying with you.
Flexible contributions
A fixed percentage of salary, or a match on what each employee saves.
Rewards loyalty
Company contributions vest over a period you choose, so staying pays off.
Simple for HR
Payroll integration, one monthly payment and a dashboard for your team.
Get a quick view of your company's savings & retention impact
Estimates only, based on the figures you enter. Assumes a 5% average annual return on savings and that replacing an employee costs about three months' salary. The turnover reduction is your own assumption; actual results will vary.
Security & governance
Being built on regulated, Sharia-supervised infrastructure
Licensed fund management
Savings will be invested through a fund run by a CMA-licensed asset manager. Our CMA-licensed partner will be announced before launch.
Your money stays yours
Client money will sit with an independent custodian, separate from Taqaad's own accounts.
Sharia supervision
Every product will be reviewed and approved by a Sharia board before launch.
National digital identity
Sign-in and sensitive actions will be verified through Nafath.
Data kept in Saudi Arabia
Customer data will be stored in the Kingdom, in line with the Personal Data Protection Law.
Encrypted and tested
Data will be encrypted in transit and at rest, with 24/7 monitoring and independent penetration testing before launch.
Questions
Frequently asked questions
Who is Taqaad for?
Anyone in Saudi Arabia without a structured pension: freelancers, the self-employed, small business owners, homemakers and expats. Employees can also save with Taqaad on top of their pension.
How safe are my savings?
We invest your savings in low-risk, Sharia-compliant assets such as sukuk and deposits, chosen to protect your money and help it grow steadily over time. As with any investment, returns can vary and are not guaranteed, but keeping your savings safe always comes first. Your projection is an estimate based on clear assumptions, and you can follow your progress in the app at any time.
Can I get my money out early?
Yes, once a year for a genuine emergency, with no penalty. The funds reach your bank account within 24 hours of approval.
What does it cost?
An annual management fee of 1% of your savings. You will see every fee before you subscribe.
When can I start?
Taqaad is preparing to launch. Join the waitlist and we will contact you as soon as accounts open.
Early access
Get early access to Taqaad
Leave your details and we will contact you when accounts open. Employers: tell us your company size and we will reach out about a pilot.