About Lateef

Welcome to Lateef, the world's first platform for Jamiyyas (collaborative savings networks) that exists entirely independently from the traditional banking system. Lateef gives you the freedom to enjoy your Jamiyya on your terms, while gaining the benefits that technology has to offer. Track your Jamiyya's progress in realtime, connect with people you may not have known you share something in common with and attract the attention of businesses in your local area so you can save even more money! We're excited for you to try it out.

Vision

Maximize the economic benefit people across the globe obtain from Jamiyyas (collaborative savings networks).

Mission

Use innovation to make the collaborative savings experience simple, reliable and friendly so people are empowered to reach their financial goals.

Who are we?

Lateef began as co-founder Omar Manci drove his pickup truck down a Chicago tollway in 2018 and reflected on the fact that in the 21st century, the banking industry has undergone significant advancements in technology, yet the same cannot be said for the interest free lending system used by many of his friends and family across the Middle East and greater Arab diaspora.

It quickly became apparent that without proper reimagining, millions of people across the world, who participate in collaborative savings networks or "Jamiyya" (in Arabic), are at risk of slowly losing this powerful tool, as the appeal of tech savvy interest-based traditional banking products widens.

Lateef really began to take shape when friend and co-founder Ahmad Al-Kofahi connected with Omar and the two set out to ensure this age-old interest free lending system receives the innovative updating its patrons deserve.