Terms &Conditions
Subscription, licensing, and service level terms for the Islamic Open Finance™ platform.
Effective Date: February 2026
These Terms and Conditions ("T&C") govern your subscription to and use of the Islamic Open Finance™ platform, APIs, SDKs, and related services. They are supplementary to the Terms of Service.
1. Agreement to Terms
These Terms and Conditions constitute a legally binding agreement between you and Islamic Open Finance™ governing your access to and use of the Platform and all related services.
2. Platform Access
Subject to these Terms, we grant you a non-exclusive, non-transferable, revocable license to access and use the Platform for your internal business purposes in accordance with your subscription tier.
3. Subscription and Fees
Access to certain features requires a paid subscription. Fees are based on your selected plan and usage. Payment terms, billing cycles, and refund policies are detailed in your subscription agreement.
4. Service Level Agreement
We commit to 99.9% uptime for production environments. Service credits may be available for qualifying downtime events as specified in your Enterprise agreement.
5. Compliance Requirements
You agree to use the Platform in compliance with all applicable laws, including financial regulations, data protection laws, and Shariah principles. You are responsible for obtaining necessary licenses and approvals in your jurisdiction.
6. Termination
Either party may terminate the agreement with 30 days written notice. We may suspend access immediately for material breach or suspected fraudulent activity.
7. Governing Law
These Terms are governed by the laws of the United Arab Emirates. Disputes shall be resolved through arbitration in Dubai International Financial Centre (DIFC) Courts.