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Development of a Secure Shariah-Compliant Gold Trading Mobile Application with Enhanced Payment Engine and API Infrastructure

kitrum.com

Financial services

eCommerce

Information technology

Challenges in Secure Gold Trading Platform Development

Need to develop a secure, scalable, and Shariah-compliant mobile application for gold trading with robust payment processing capabilities, while modernizing RESTful API infrastructure to support high transaction volumes and regulatory compliance.

About the Client

Fintech company offering a Shariah-compliant mobile platform for buying, saving, and selling physical gold with a user base of 200,000+

Key Objectives for Platform Enhancement

Build a cross-platform mobile application with secure payment processing
Enhance RESTful API infrastructure for improved performance and scalability
Implement Shariah compliance verification mechanisms
Integrate advanced security features for data protection
Support 200,000+ users with reliable platform availability

Core System Functionalities and Features

Gold buying/selling interface with real-time pricing
Secure payment processing engine
RESTful API for transaction management
Multi-factor authentication system
Shariah compliance verification workflow

Technology Stack Requirements

Android

iOS

.NET

Microsoft Azure

Critical System Integrations

Payment gateway integration
Identity verification services
Cloud storage and computing on Azure

Non-Functional Requirements

AES256 data encryption at rest and in transit
TLS/SSL secure communication protocols
Two-factor authentication (2FA) implementation
High availability architecture on Azure
Regulatory compliance (Shariah standards)

Expected Business Impact of Platform Enhancement

Creation of a secure, scalable gold trading platform that maintains Shariah compliance while supporting high transaction volumes, improved user trust through enhanced security measures, and reduced operational costs through optimized cloud infrastructure on Microsoft Azure.