Jagoans who use Jago and Jago Syariah can both enjoy the easy and practical way of managing money, not only by yourselves but also with those closest to you. It is because Jago and Jago Syariah features are both complete.
From the Pocket feature for budgeting to the Plan Ahead feature that lets you automatically schedule and pay bills or transfers, all are available at Jago and Jago Syariah. Likewise with the Jago Visa Debit Card that can be used worldwide and the digital ecosystem such as GoPay and Bibit that can be enjoyed by all Jago and Jago Syariah users.
Even so, there are main differences between Jago and Jago Syariah. What are they?
Main Differences Between Jago and Jago Syariah
1. Jago Syariah uses Wadiah akad and Mudharabah akad
In accordance with sharia principles, Jago Syariah uses Wadiah Yad Dhamanah akad for each Saving Pocket and Spending Pocket. Meanwhile, the Sharia Deposit uses Mudharabah Muthlaqah akad. By using akads based on sharia principles, Jago Syariah users can manage money with peace of mind.
2. Jago Syariah offers profit sharing
As Jago Syariah uses Wadiah Yad Dhamanah akad, the Saving and Spending Pockets are free of interests, unlike at Jago. So it's more blissful knowing that you can save money without interest, for Jago Syariah users. Money saved at Bank Jago Syariah is entrusted and can be taken at any time, whenever needed.
Meanwhile, the Sharia Deposit provides a profit sharing ratio in accordance with Mudharabah Muthlaqah akad. How much the profit sharing ratio is is in accordance with the agreement of both parties, which was agreed before you save money in the Sharia Deposit.
3. Jago Syariah does not have the Locked Pocket feature
Because there is no interest at Jago Syariah, Jago Syariah users will not find the Locked Pocket feature in the application. The Locked Pocket (as seen in the visual above) can only be used by Jago users. Because by locking money for a certain period of time in the Locked Pocket, Jago users will earn interest according to the amount of money saved.
Which is Better, Jago or Jago Syariah?
So, after knowing the differences between Jago and Jago Syariah, which one is your choice, Jagoan? Relax, besides the three main differences above, the other features for managing finances are just as complete.
You can choose which one you want to use, just the way you want, to save and manage expenses, be it with a Jago account or a Jago Syariah account.
Jagoans who already use Jago and want to switch to using Jago Syariah can migrate directly from the application.
Don't have a Jago or Jago Syariah account yet?
