About Shared Pocket

Shared Pocket is a Pocket with more than one member inside it. You can either be the Owner of a Shared Pocket, or join another user's Pocket where you Can Spend or Can View. Inside Shared Pockets, everyone can observe all activity inside the Pocket, including adding or spending the money.

Tip: Savings Pocket and Spending Pocket rules are still applied to Shared Pocket.
 

How many Shared Pockets can I Have

For now, you have no limit on how many Shared Pocket you can create or join.

Can my Jago account have a Shared Pocket with Jago Syariah account?

Yes, but only if you are a member of the Shared Pocket. So, your friends from Jago Syariah can invite you to become collaborators. The Pocket will use the Wadiah Yad Dhamanah akad and there will be no interest.

However, you cannot invite your friends from Jago Syariah to the Shared Pocket that is owned by you because the Pocket has interest.



Join as a member, and then the owner of Shared Pocket has moved to Jago Syariah

If the owner of the Shared Pocket has moved to Jago Syariah, you as a member of that Shared Pocket need to agree to the changes in the Pocket. That Shared Pocket will use the Wadiah Yad Dhamanah akad, and will not have interest. If you don't agree with the akad or the changes, you have the option to leave the Shared Pocket.

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Time to Manage Your Money
the Way You Want

Create up to 60 Jago Pockets (bank accounts) without monthly admin fees to start saving, transacting, and managing expenses.

Open a Term Deposit in minutes directly from the app and get competitive interest. Withdraw your Deposit early (if needed) without penalties. Plus, there is a free quota for inter-bank transfers and e-Wallet top-ups up to 150x according to Account Level.

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