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Halal Pesa loan: How to Access it

By Oluchukwu Ikemefuna

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Halal Pesa loans have emerged as a vital financial tool for Muslims seeking funding options that adhere to Islamic principles.

In an era where aligning financial practices with religious beliefs is paramount, the concept of Halal Pesa loans offers a compelling solution.

These loans, grounded in Shariah-compliant finance, provide borrowers with access to funds without compromising their faith-based values.

In this post, we’ll be reviewing all you need to know about Halal Pesa loan and how to access it.

What is Halai Pesa?

Halal Pesa is a new service launched by Vodacom in collaboration with Amana Bank.

It’s designed to help M-Pesa customers save money in a safe way while also supporting religious and social activities. With Halal Pesa, customers can earn benefits that comply with Sharia law.

This service expands financial options and encourages saving among those who follow Sharia laws. It’s the first digital financing product of its kind, developed through a partnership between M-Pesa and Gulf African Bank Ltd.

Right now, it’s focused on financing and will include saving features in the future.

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What is Halal Pesa Loan?

A Halal pesa loan is a type of loan that doesn’t involve charging interest. It’s based on Sharia law, which says you can’t make money just by lending money. Instead, you can only make money by investing in things like assets or trading.

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Why use Halal pesa Loan?

Halal Pesa was created with Muslim customers in mind. Many of them avoid other lending options because they follow Shari’ah law, which doesn’t permit borrowing money where interest is involved. 

Halal Pesa offers a solution that aligns with these beliefs. Instead of traditional loans with interest, they provide a lending service that complies with Shari’ah law, giving their customers peace of mind when it comes to their finances.

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How to Activate Halal Pesa Using the Halal Pesa USSD Code.

Halal Pesa is a financing option available to all M-PESA users, regardless of their religious affiliation.

That is, even if you’re not a Muslim, as long as you’re an Mpesa user, you can access the Halal Pesa loan.

The steps to follow when activating Halal Pesa on your mobile phone using the Halal Pesa USSD Code “*334#” include:

1. Dial *334# on your mobile phone to access the M-PESA menu.

2. From the menu options, select “Loans and Savings.”

3. Next, choose “Halal Pesa” from the available services.

4. Follow the prompt to register for Halal Pesa.

5. Before proceeding, carefully review the terms and conditions associated with the service.

6. Once you’ve read and understood the terms, accept them to continue.

7. Enter your M-PESA PIN accurately when prompted.

8. Upon successful registration, you’ll receive a confirmation message from Halal Pesa, indicating that you’re now eligible to access financing through the service.

These simple steps, will help you activate Halal Pesa on your M-PESA account and gain access to its financial services.

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How to Register Halal Pesa Through the Mobile app

You can also register for Halal Pesa using the Halal Pesa Mobile app available on both the Google PlayStore or Appstore.

Here’s a step-by-step guide on how to register:

  • Go to either the Google Play Store or the App Store on your phone.
  • Search for and download the M-PESA app. 
  • Once it’s downloaded, open the app. Look for the option called “Grow” and select it. 
  • In there, you’ll see the Halal Pesa Mini App
  • Follow the instructions that pop up to sign up for Halal Pesa. 
  • Once you finish signing up, Halal Pesa will tell you how much money you’re allowed to get through text message.

Remember, you can sign up or activate more than one M-PESA line to use Halal Pesa. But, if you do this, your Halal pesa loan limit might change because Halal Pesa will split it between your different phone numbers that are registered with the same ID.

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What is the Halal Pesa Loan Limit?

Let’s talk about the minimum and maximum loan limits for using Halal Pesa. It’s important to understand how much you can request and what to expect as a first-time or repeat customer. 

Halal Pesa has specific rules regarding the minimum and maximum amounts you can receive, as well as what happens if you need to request more or if you’re in need of additional funds. 

The smallest amount of money you can get through Halal Pesa is 1,000 Kenyan shillings. 

If you’re new, the most you can get is 15,000 Shillings, but if you’ve borrowed before, it could be up to 20,000 Shillings, depending on your borrowing history. 

In a situation where your borrowing limit is 15,000 shillings and you borrow only 1,000 Shillings at first but later realize you need more.

You can’t ask for more money until you’ve paid back the 1,000 Shillings plus the interest for borrowing it. Also, you can only have one loan at a time.

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How to grow your Halal pesa Limit

To increase your limit, there are a few things you can do or factors that Halal Pesa will consider before granting a loan limit increase. They are:

1. You should use M-PESA more often by sending and receiving money and making payments with Lipa Na M-PESA, like paying bills or buying goods. 

2. Make more calls and send more messages using your Safaricom line. 

3. It’s important to have a good record with CRB, meaning you’ve paid off any other digital loans you might have, such as Halal Pesa, M-Shwari, KCB M-PESA, or Fuliza

Halal Pesa looks at these things to decide if they can raise your credit limit or if you’re eligible for a loan limit increase.

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Halal pesa Late Loan Repayment

Halal Pesa won’t charge you extra if you’re late with your payment. 

But if you haven’t paid back what you borrowed by day 31, they’ll change things up. Instead of just the original amount, you’ll have a new deal with a 5% extra charge. 

Let’s say you borrowed KES 1,000 and were supposed to pay back Ksh 1,050 after 30 days.

If you can’t pay by day 31, they’ll add 5% to the original amount you borrowed. So, if your original loan was Ksh 1,000, you’ll have to pay back Ksh 1,100 by day 60.

If you still can’t pay by then, they won’t add any more charges to what you borrowed initially.

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How to Payback Halal Pesa Loan

If you owe money to Halal Pesa, you have 30 days to pay it back, either in full or in part.To repay your Halal pesa loan:

1. Use your phone to dial *334# or open the Halal Pesa mini App.

2. Navigate to the Facility option.

3. Choose the Pay Facility option.

4. Select the facility you want to pay.

5. Decide if you want to pay the full amount or just a part of it.

6. If paying in full, enter your M-PESA PIN and confirm.

7. If paying partially, enter the amount you wish to pay.

8. Then, enter your M-PESA PIN again and confirm the payment.

9. You can ask for another facility after you’ve finished repaying the previous one.

Halal Pesa is a way to get money from Safaricom and the Gulf African Bank without paying interest. Instead, they charge a small profit margin.

You can borrow from Ksh 1,000 to Ksh 20,000 and repay it within 30 days with a 5% profit margin. This option is open to anyone who is registered on M-PESA.

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What makes Halal Pesa different from other lending products?

Halal pesa is different from other lending platforms in the following ways:

  • Halal Pesa is based on Shari’ah principles
  • It operates under a trading or murabaha transaction.
  • The Bank trades with its customers through a commodity murabaha transaction by selling a commodity to create liquidity. 
  • The underlying contract between the customer and the Bank is a trade transaction and not a loan. 

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How to opt out of Halal Pesa

If you want to stop using Halal Pesa, here’s what you need to do:

1. Dial *334# on your phone.

2. Choose “Loans and Savings” from the menu.

3. Then, select “Halal Pesa.”

4. Choose the option to opt-out.

5. Confirm that you want to opt-out.

6. Enter your M-PESA PIN when prompted.

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What are Halal Pesa menu services?

While using Hala pesa, you can choose to join, ask for money, check how much you can ask for, see how much money you have left, pay back money, or decide to leave the service

  • Opt In: 

This means you decide to join or sign up for Halal pesa. It’s like saying, “Yes, I want to be part of this service.”

  • Request Facility:

With this option, you can ask for money from Halal Pesa. It’s like sending a request for someone to give you money.

  • Query Limit:

This lets you check how much money you’re allowed to ask for from Halal Pesa. It’s like finding out the maximum amount of money you can borrow.

  • Query Balance: 

This allows you to check how much money you have left in your Halal Pesa account. It’s like checking your bank balance to see how much money you have.

  • Repay Facility:

If you’ve borrowed money from Halal Pesa, this option lets you pay it back. It’s like returning the money you borrowed.

  • Opt Out: 

This means you choose to leave or stop using Halal Pesa. It’s like saying, “I don’t want to be part of this service anymore.

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Halal Pesa Customer Service

If you need support or help with any things concerning Halal pesa loan, or habe enquires to make, you can reach out through various channels. You can call either 100 or 200. 

Alternatively, you can contact them via Twitter by sending a message to @Safaricom_Care or @SafaricomPLC. Another option is to reach out on Facebook by messaging @SafaricomPLC.

If you prefer email, you can send your queries to customercare@safaricom.co.ke. Additionally, you can visit any Safaricom Shop for assistance.


Who can Join Halal Pesa?

Anyone who has signed up for M-PESA can become a member of Halal Pesa.

What is Halal Pesa Loan interest Rate?

When you borrow money from the Gulf African Bank with Safaricom, they add a fee of 5% to what you borrowed. Let’s say you borrow at least Ksh 1,000. After 30 days, you have to pay back the Ksh 1,000 plus Ksh 50 extra, making it a total of Ksh 1,050.

Can I activate more than one M-PESA line for Halal Pesa services if I have more than one SIM card on my ID?

Yes, if you have multiple SIM cards registered under your ID, you can activate Halal Pesa services for each of them. But the total limit you’re allowed will be shared among all those phone numbers.

Can I apply for another loan before fully paying off the previous one, even though I have a limit of Ksh. 5000 and have only requested Ksh. 1000 so far?

No. Only one facility can requested at a time.

What is the minimum loan amount I can request?

The minimum amount allowed is Kshs.1000. One cannot request for an amount less than this.

How can I get my Halal Pesa balance?

You can check your balance using the Halal Pesa mini app or by dialing *347# on your phone. Just select the “Check Balance” option, then enter your correct M-PESA PIN when prompted.

What is the maximum Halal Pesa limit? 

The maximum loan limit is Ksh.15,000 (first time customers) & Ksh.20,000 (repeat customers) subject to customer’s qualifying limit

How do I improve my Halal Pesa limit?

Repay your facility on time and Increase usage of your Mpesa mobile wallet.


In conclusion, accessing a Halal Pesa loan is a straightforward process that offers a range of convenient services tailored to meet your financial needs.

By opting in, utilizing request and repayment facilities, and keeping track of your balance and limits, you can effectively manage your finances while adhering to Halal principles.

Whether you’re in need of immediate funds or planning for future expenses, Halal Pesa provides a reliable and accessible solution for accessing Islamic-compliant financing.



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Blessing Ukibe
Blessing Ukibe

Medical Student at Nnamdi Azikiwe University|Tech content expert at Silicon Africa Technology|Lover of fun books and fun fun ☺️

Articles: 148

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