Money Fellows is registered in the General Authority for Investment, its commercial registration number is 141331, and its tax card number is 535694.
Before joining any Circle after going through our credit assessment to make sure that all users can pay their installments. In case other users fail to pay their due amounts, Money Fellows covers their share to make sure you get your full payout on time.
According to the Official Fatwa No. 46205 from the Egyptian Dar Al Iftaa, Money Fellows is completely Halal & Sharia compliant and there is no prohibition from a religious perspective Fatwa.pdf
Example: Your payout is in the 3rd slot. Your total fees are 1,200 EGP. Fees will be divided equally across your first 3 pay-ins.
Which means 400 EGP will be added to each pay-in, for the first three months only.
For bigger goals, you can save up to 1,000,000 EGP over 6,12 or even 24 months and even enjoy up to 20% cashback on your payout. Those are for users whose primary goal is to save up in an easy, smart and rewarding way.
Users have access to first slot once they finish their first Game'ya and settled all their payments. Corporate Users have access to the first slot from their first Game'ya.
The payin limit for each user is determined through a system that analyzes users' data quickly and accurately using new organized techniques to systematically distribute slots and amounts to all customers.
It's a feature we provide to our users to help them maximize their savings by recommending different options to cash out the amount they need by splitting it across two Circles which helps them save on fees or enjoy larger discounts.
Users can send invitation links to their friends to join Money Fellows and once they join their first Game'ya through the link, they both enjoy a 300 EGP discount on their next installment.
You can visit our branches in Zagazig and El-Mansoura.
Over 300 companies are partnered with Money Fellows, including (Abou Ghaly Motors - Palm Hills - Raya - Paymob - Breadfast).
Corporate Users have exclusive benefits like: