What is an Oraan Committee?

Oraan Committee is the digital version of regular committees or beesees. 

The difference is that with us, you have more options. 

You can choose your preferred

• Monthly installment amount. This is the amount you will save every month
• Payout month. This is the month in which you will get your total savings
• Duration.. You can save for either 5 months or 10 months
• Start month. This is the month in which your OC will start. 

Once you have made your choices, Oraan will create an OC plan for you that suits your needs.

FAQs:

• What is an Oraan Committee (OC)?
  • Oraan Committee is a digital savings platform where members pool their savings together to achieve financial goals. It’s a modern adaptation of traditional committees or beesees.

• How does an OC work?
  • Members contribute a fixed amount monthly into a collective pool. Each month, one member receives the total payout based on your accepted slot.

• What are the benefits of joining an OC?
  • Members can save systematically towards a specific goal without the need for loans or interest payments. It promotes financial discipline and allows for flexible saving options.

• Can I choose my contribution amount?
  • Yes, you can choose your monthly installment amount based on your financial capacity and savings goals.

• How do I receive my payout?
  • The payout month is determined based on your verified profile information. You can get your amount in your bank account or mobile wallet!

• What are the duration options for an OC?
  • You can opt to save for either 5 months or 10 months, depending on your savings goal and timeline.

• Can I start an OC at any time?
  • You can select the start month that suits you best to begin your savings journey with an OC.

• Is Oraan a loan app?
  • No, Oraan is not a loan app. It’s a savings platform where members contribute and receive savings collectively, without involving interest or debt.

• How is Oraan different from traditional committees?
  • Oraan offers more flexibility in terms of choosing installment amounts, payout months, duration, and start months compared to traditional committees.
• Is membership in Oraan Committees open to everyone?
  • Yes, anyone can join Oraan Committees, but participants are verified to ensure transparency and security within the platform.
• Is Oraan Halal?
  • Yes, Oraan operates on principles that are compliant with Islamic finance. It does not involve interest (riba) or speculative investments, making it a Shariah-compliant savings platform.
• Is Oraan Safe?
  • Yes, Oraan prioritizes the safety and security of members’ funds and personal information. We use robust encryption and verification processes to ensure a secure platform for all members.
• Is membership in Oraan Committees open to everyone?
  • Yes, anyone can join Oraan Committees, but participants must be verified to ensure transparency and security within the platform.

Join Oraan Committee today and start achieving your financial goals with flexibility and security! With options to choose your monthly savings amount, payout month, and duration, Oraan offers a modern and shariah compliant way to save without loans or interest. Join a community committed to financial discipline and collective savings. Your financial future begins here with Oraan!