Terms and Conditions

This Agreement aims to clarify the relationship between the client and Agial
Financial Solutions Company (“Wafir”), and to define the terms and
conditions governing the client’s use of Wafir’s financial platform and
services.
Wafir was established in accordance with the laws of the State of Qatar and
has obtained a license from the Qatar Central Bank to test its innovative
products in a sandbox environment.
Wafir has the necessary capabilities to open accounts and provide financial
technology products and services that comply with the regulations and
instructions issued by the Qatar Central Bank.
Through this Agreement, the client wishes to establish a financial services
relationship with Wafir and benefit from the products and services that the
company currently offers or may offer in the future.
These terms govern the client’s relationship with Wafir and specify how the
client should use the Wafir mobile application or any other electronic
device, or Wafir’s website.
We provide these terms for your review and agreement before granting our
approval to complete the registration process on the company’s platform.
1
Registration is a necessary requirement for using the Wafir platform.
Registration requires you to fill out a “Know Your Customer” form.
Please read these terms carefully before completing the registration
process, as these terms affect your rights and obligations under the laws of
the State of Qatar. If you do not agree to these terms and conditions,
please refrain from using the Wafir app and/or platform.
Wafir’s products are designed for individual clients only and may not be
used on behalf of a third party, whether that is another individual, a legal
entity, or a profit or non-profit organization.
By registering for Wafir’s platform services, you acknowledge that you have
read, understood, and agree to adhere to these terms. It is agreed and
understood by the client that the provisions of this agreement will apply
immediately upon Wafir’s approval to open the account and acceptance of
you as a client, starting the working relationship, and will be binding on both
parties in addition to any other additional terms or conditions agreed upon
by both parties in any valid form.
These terms and conditions will apply to the account opened for you and
the products and services provided to you (the client) by Wafir. The user
acknowledges that they have read the terms and conditions as well as the
usage policy terms and agrees to abide by them and any updates that may
arise upon their registration with Wafir.
2
Both parties, being duly competent and authorized, have agreed to comply
with the provisions of this agreement under the following terms and
conditions: