Terms of Service

1. Introduction

Welcome to Watheq. By accessing or using our mobile application ("App") and website, you agree to be bound by these Terms of Service. Watheq is a debt recording and management tool designed to help friends and family document personal loans.

2. Nature of Service

Watheq is NOT a financial institution, bank, or payment processor. We do not facilitate the actual transfer of funds, process payments, or enforce debt collection. Our service is strictly limited to providing a digital ledger for record-keeping purposes only.

3. Limitation of Liability

Watheq and its developers are not responsible for any financial losses, disputes, or unpaid debts between users. The contracts created within the App are digital records of mutual agreement. The enforceability of these records depends on your local jurisdiction.

4. User Responsibilities

• You are solely responsible for the accuracy of the information you enter.
• You agree not to use the App for any illegal lending practices, usury (interest), or money laundering activities.
• You are responsible for maintaining the confidentiality of your account credentials.

5. Strict Prohibition of Usury (Riba)

Watheq is designed to facilitate interest-free loans (Qard Hasan). The use of this platform to document interest-bearing loans, usury, or any form of predatory lending is strictly prohibited. Any contract terms attempting to enforce interest are void under this policy.

6. Enforceability & Disputes

Digital contracts created on Watheq serve as evidence of debt. While we employ legally recognized electronic signatures, actual enforcement and dispute resolution are subject to the local laws and courts of your jurisdiction. Users agree to allow this digital record to be admissible as evidence in both civil and Islamic courts.