Privacy

Privacy Policy

Your privacy matters. This policy explains what data we collect, why, and how we protect it.

Last Updated: March 2026·10 min read
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1. Introduction

Awaed ("we", "our", "us") is committed to protecting your personal information. This Privacy Policy describes how we collect, use, store, and share data when you use our investment platform.

By creating an account or using Awaed, you acknowledge that you have read and understood this Privacy Policy.

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2. Information We Collect

We collect several categories of information to provide and improve our services:

  • Identity & KYC: Full name, date of birth, national ID, passport, proof of address.
  • Contact Information: Email address, phone number, residential address.
  • Financial Data: Bank account details, transaction history, portfolio holdings.
  • Technical Data: IP address, device identifiers, browser type, usage patterns.
  • Communications: Messages you send to our support team.
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3. How We Use Your Data

We use your information for the following purposes:

  • Service Delivery: To open, maintain, and operate your investment account.
  • Compliance: To meet KYC/AML regulatory obligations and prevent financial crime.
  • Personalisation: To provide relevant investment insights and recommendations.
  • Communications: To send transaction confirmations, security alerts, and updates.
  • Improvement: To analyse usage and improve platform performance and features.
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4. Data Sharing & Disclosure

We do not sell your personal data. We may share it only in these circumstances:

  • Regulatory Authorities: When required by law, financial regulators, or court orders.
  • Service Providers: Trusted partners who process data on our behalf (e.g., payment processors, cloud infrastructure) under strict data agreements.
  • Corporate Events: In connection with a merger, acquisition, or asset sale, with advance notice.

We will never sell, rent, or trade your personal information to third parties for marketing purposes.

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5. Data Security

We apply industry-leading security measures to protect your data:

AES-256 encryption for all data at rest and TLS 1.3 for data in transit.
Multi-factor authentication (MFA) for all account access.
Regular independent security audits and penetration testing.
Role-based access controls limiting internal data exposure.
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6. Your Rights

Depending on your jurisdiction, you have the following rights regarding your personal data:

Access: Request a copy of the personal data we hold about you.
Correction: Request that we update any inaccurate or incomplete information.
Deletion: Request erasure of your data where legally permissible.
Portability: Receive your data in a structured, machine-readable format.
Objection: Object to certain types of processing, including direct marketing.
Submit a data request
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7. Data Retention

We retain your personal data for as long as your account is active, plus an additional period as required by applicable financial regulations (typically 5–7 years after account closure).

KYC documents are retained in accordance with anti-money-laundering regulations.

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8. Cookies & Tracking

We use cookies and similar technologies to enhance your experience, analyse usage, and keep your session secure. For full details, please review our Cookie Policy.

View Cookie Policy
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9. Contact & Policy Updates

We may update this Privacy Policy periodically. Significant changes will be communicated at least 14 days in advance via email.

For privacy-related enquiries, data requests, or to exercise your rights, contact our Data Protection team: