MAKNمَكن
Loadingجارٍ التحميل
BetaSaudi and US marketsBetaSaudi and US marketsVersion: 1.0 Effective date: 18 August 2026 Last updated: 26 August 2026
Please read these Terms carefully. They limit our liability, disclaim warranties, require you to indemnify us in certain circumstances, and explain that MAKN does not provide investment advice. By using the App you agree to them.
Welcome to MAKN (the "App"). These Terms of Use (the "Terms") govern your access to and use of the App, its services, features, content, and any related websites operated by us.
The App is operated under the name MAKN App, an independently operated software application based in Riyadh, Kingdom of Saudi Arabia, referred to in these Terms as "MAKN," "we," "us," or "our."
MAKN is not, at the date of these Terms, a registered commercial company and holds no commercial registration number. MAKN does not carry on any activity that requires authorisation from the Saudi Central Bank (SAMA) or the Capital Market Authority (CMA), and holds no such authorisation; if we introduce any activity that does require authorisation, we will obtain it before launching that activity. MAKN operates as an independent, non-commercial software project during the private-beta period. We intend to incorporate a Saudi legal entity following the beta period, and Section 26 (Assignment) explains what happens to these Terms if we do.
Contact: Makn.Care@gmail.com National Address: Building No. 3116, Al Shaikh Abdullah Ibn Jibrin Street, Al Qairawan District, Riyadh 13531 – 7178, Kingdom of Saudi Arabia Short Address: RRQC3116
By using the App, creating an account, ticking an acceptance box, or otherwise accepting these Terms, you confirm that you have read and understood them and agree to be bound by them. If you do not agree, you must not use the App.
To use the App, you must:
When you create an Account you confirm that you meet these requirements, including that you are at least 18 years old. We do not knowingly provide the App to anyone under that age, and we will close an Account we learn belongs to a person under it.
Access during the Beta Period is by invitation only and subject to administrator approval. Submitting a request for access does not entitle you to an Account. We may:
If you use the App on behalf of an organisation, you confirm you are authorised to bind that organisation, and "you" includes that organisation.
MAKN is an informational recordkeeping and tracking tool. It helps you record assets, portfolios, transactions, valuations, income, and liabilities, and view indicators and analytics derived from data you have recorded.
MAKN is not, and does not hold itself out as:
The App does not hold user funds or assets, does not execute purchases or sales, and does not connect to bank or investment accounts to move money. If we introduce any such service in the future, it will be governed by separate additional terms and any required regulatory authorisation.
Nothing in the App constitutes an offer, solicitation, or invitation to buy or sell any security or financial instrument in any jurisdiction where such an offer would be unlawful.
All prices, valuations, classifications, charts, returns, projections, comparisons, alerts, ratios, and other outputs displayed in the App are provided solely for recordkeeping, personal tracking, and general informational purposes.
They do not constitute:
The App does not consider your financial objectives, risk tolerance, tax or zakat position, liquidity needs, or personal circumstances. You remain solely responsible for your own financial decisions and for verifying any information before relying on it. You should obtain independent licensed advice before making any investment decision.
Past performance does not guarantee future results. Investments may rise or fall in value, and you may lose some or all of the capital invested.
Information in the App may be based on:
Market Data and calculated outputs may be delayed, estimated, incomplete, interrupted, unavailable, or inaccurate. Calculations may not account for every fee, commission, tax, zakat, spread, dividend adjustment, corporate action, stock split, currency-conversion cost, settlement convention, or methodology used by your broker, bank, auditor, or tax authority. Different, equally legitimate methodologies may produce different results.
You must not rely solely or primarily on the App for: trading or investment execution decisions, tax or zakat filings, audited or statutory financial statements, regulatory or court filings, loan or credit applications, valuations relied on by third parties, or any other purpose carrying material legal, financial, or fiscal consequences.
We do not warrant the accuracy, completeness, timeliness, or fitness of Market Data, and we are not the originator of it.
You are responsible for:
You may not share, sell, rent, or transfer your Account or your invitation to any other person. We may request reasonable identity verification when handling requests relating to an Account or its data, and may refuse a request we cannot reasonably verify.
MAKN does not need — and does not want — the passwords to your bank or investment accounts, one-time codes, digital-wallet keys, seed phrases, identity-document images, or full card numbers.
You must not enter into the App:
Use non-sensitive descriptions such as "Main portfolio" rather than full account numbers. If you enter any of the above in breach of this Section, you do so at your own risk and you are responsible for any resulting loss, and we may delete that information without notice.
You decide what information to record in the App and you are solely responsible for:
The App must not be treated as the sole, authoritative, or official copy of your financial records. We do not guarantee that Your Data will be preserved or recoverable in every circumstance, particularly during the Beta Period.
You can always obtain a copy of Your Data: use the in-app export function where available, or email Makn.Care@gmail.com and we will send you a copy in a common machine-readable format within 30 days. You should take a copy regularly.
You must not, and must not permit any other person to:
We may investigate suspected breaches and take any action we consider appropriate, including suspension, termination, deletion of offending content, and reporting to competent authorities.
You retain ownership of Your Data. These Terms do not transfer ownership of Your Data to us.
You grant us a limited, non-exclusive, worldwide, royalty-free licence to host, store, process, transmit, reproduce, adapt (for formatting and display), and display Your Data only to the extent reasonably necessary to operate, secure, support, troubleshoot, and improve the App and to comply with applicable law. This licence ends when Your Data is deleted in accordance with our Privacy Notice, except for backups pending scheduled deletion and records we are legally required to retain.
This licence does not permit us to sell Your Data, to use Your Data for advertising or marketing to you or anyone else, or to disclose Your Data to data brokers.
We may create and use aggregated or anonymised statistics derived from usage of the App, provided such statistics do not identify you and cannot reasonably be used to re-identify you.
All rights in the App, its software, source code, design, user interface, name, logo, trade marks, documentation, methodologies, calculations, and Content — excluding Your Data and third-party content — belong to MAKN or the relevant rights holders and are protected by applicable intellectual-property law.
Subject to your compliance with these Terms, we grant you a personal, limited, non-exclusive, non-transferable, revocable licence to access and use the App for your own personal, non-commercial portfolio tracking during the Beta Period. All rights not expressly granted are reserved.
You may not copy, modify, adapt, translate, republish, frame, mirror, or create a derivative work from the App except as expressly permitted by these Terms or by mandatory applicable law.
"MAKN" and "مَكْن," together with the App's logo and visual identity, are marks we use and in which we claim rights. You may not use them without our prior written permission.
If you submit a suggestion, feature request, bug report, design idea, or other feedback, you grant us a perpetual, irrevocable, worldwide, royalty-free right to use, develop, modify, and incorporate it into the App or any other product, without any obligation to compensate, credit, or account to you, and without creating any confidential or fiduciary relationship.
This does not give us any right to use Your Data for purposes unrelated to providing the service.
The App relies on third-party providers, currently including:
Those services are governed by their own terms and policies. We do not control and are not responsible for their availability, accuracy, continuity, security, or acts and omissions. An interruption, error, or change by a third-party provider may affect the App, and we accept no liability for it beyond the limits set out in Section 20.
Displaying a provider's name or data does not imply partnership, sponsorship, recommendation, or mutual endorsement.
The App is currently an invitation-only private beta provided free of charge for evaluation and testing.
During the Beta Period:
We do not guarantee: uninterrupted or error-free availability; the preservation, integrity, or recovery of any data in every circumstance; the continued availability of any feature; a future commercial release; or any migration path from the beta to a future version.
We will use reasonable care to secure the App and address issues, but you must retain independent copies of important information.
The App is provided free of charge during the Beta Period. There are no subscription fees, and no payment details are collected. We may introduce paid features in the future; if we do, we will give notice and paid features will be governed by additional terms that you will need to accept before any charge arises. You will never be charged automatically as a result of accepting these Terms.
You are responsible for your own device, internet access, data charges, and any taxes or zakat arising from your own financial affairs.
The App, its unreleased features, and any non-public information you learn about it through the Beta Period are our confidential information. You agree not to disclose non-public features, screenshots of unreleased functionality, or benchmark results publicly without our prior written consent, except where disclosure is required by law. You may share your own general impressions of the App.
These confidentiality obligations expire two (2) years after the end of the Beta Period, and expire earlier as to any information that becomes public other than through your breach of this Section.
Responsible disclosure. If you discover a security vulnerability, please report it privately to Makn.Care@gmail.com and allow us a reasonable opportunity to remediate it. You may publish your finding 90 days after reporting it to us, or earlier with our written consent. Nothing in this Section prevents you from reporting a matter to a competent authority.
We may modify, suspend, limit, or discontinue the App or any feature at any time, subject to Section 20. We will give at least fourteen (14) days' notice of a permanent discontinuation of the App or of the removal of a material feature, and reasonable notice of planned downtime, except where a security, legal, or regulatory situation, or a failure of a third-party provider, prevents us from doing so.
We do not commit to any service level, uptime percentage, or support response time.
To the maximum extent permitted by applicable law, the App and all Content and Market Data are provided "AS IS" and "AS AVAILABLE," without warranty, representation, or condition of any kind, whether express, implied, or statutory.
We specifically disclaim, to the maximum extent permitted by law, any implied warranty of merchantability, fitness for a particular purpose, satisfactory quality, non-infringement, accuracy, title, quiet enjoyment, and any warranty arising from course of dealing or usage of trade.
Without limiting the above, we do not warrant that: the App will meet your requirements; it will be uninterrupted, timely, secure, or error-free; any output, valuation, calculation, or Market Data will be accurate, complete, or current; defects will be corrected; or the App is free of harmful components.
No advice or information, whether oral or written, obtained from us or through the App creates any warranty not expressly stated in these Terms.
Nothing in this Section affects any right or warranty that cannot lawfully be excluded, including mandatory consumer rights under Saudi law.
To the maximum extent permitted by applicable law:
(a) Excluded losses. We are not liable for any indirect, incidental, special, consequential, exemplary, or punitive loss, or for any loss of profit, revenue, investment return, business, opportunity, goodwill, anticipated savings, or data, however arising, whether in contract, tort (including negligence), statute, or otherwise, and whether or not we were advised of the possibility of such loss.
(b) Specific exclusions. Without limiting paragraph (a), we are not liable for loss arising from:
(c) Liability cap. Our total aggregate liability arising out of or in connection with these Terms and the App, whether in contract, tort, or otherwise, in any twelve-month period, is limited to the greater of (i) the total amounts you actually paid us for the App in that period (which is zero during the free Beta Period) and (ii) two thousand Saudi riyals (SAR 2,000).
(d) Carve-out. Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation, gross negligence, wilful misconduct, death or personal injury caused by our negligence, any liability for a personal-data incident under the Personal Data Protection Law, or any other mandatory statutory liability.
(e) Basis of the bargain. You acknowledge that the App is provided free of charge during the Beta Period, that the allocation of risk in these Terms reflects that fact, and that we would not provide the App on these terms without these limitations.
To the extent permitted by applicable law, you agree to indemnify and hold harmless MAKN, its operator, and its contractors and personnel from and against any claim, demand, proceeding, loss, liability, damage, cost, or expense (including reasonable legal fees) arising out of or in connection with:
This indemnity does not apply to the extent the claim arises from our breach of these Terms, our negligence, our wilful misconduct, or a defect or error in the App, and it does not apply to a claim arising merely from your ordinary, permitted use of the App.
We will notify you promptly of any claim to which this Section applies, will conduct our own defence, and may at our option involve you in it. You may not settle any claim in a way that imposes an obligation or admission on us without our prior written consent, and we will not settle a claim in a way that imposes an obligation or admission on you without yours.
By you. You may stop using the App at any time and may request deletion of your Account. Deletion is available in the App under Settings → Account → Delete account, or by emailing Makn.Care@gmail.com with the subject line "Account deletion." Deletion and retention are described in the Privacy Notice.
By us. We may suspend or terminate your Account or access, immediately and without liability, where:
Where appropriate and lawful, we will give you a reasonable opportunity to obtain a copy of Your Data before termination, unless an urgent security, legal, or regulatory situation requires otherwise. Where we close your Account or end the Beta Period, your data is deleted within 30 days of closure and backups within 90 days, as set out in the Privacy Notice.
Effect of termination. On termination, your licence to use the App ends immediately. Sections 5, 6, 8, 9, 11 (as to the surviving licence), 12, 13, 17, 19, 20, 21, 24, 25, 27, 28, and 29 survive termination, together with any provision that by its nature should survive.
We may update these Terms when the product, providers, security requirements, or applicable law changes.
We will update the "Last updated" date and, where the change is material, notify you by email or through the App at least fourteen (14) days before it takes effect. Where a change materially reduces your rights, we will ask you to accept the updated Terms in the App before continued use, rather than relying on your silence. Your continued use of the App after a non-material change takes effect constitutes acceptance of it. If you do not accept an updated version, you must stop using the App and may request deletion of your Account.
If you obtained the App through Google Play or another application store or distribution platform:
You confirm that you are not located in a jurisdiction subject to a comprehensive embargo, and that you are not on any restricted-party or sanctions list, under applicable Saudi, United Nations, or other applicable law.
The App is operated from the Kingdom of Saudi Arabia and is intended primarily for users in the Kingdom. We make no representation that the App or its content is appropriate, lawful, or available in any other jurisdiction. If you access the App from elsewhere, you do so on your own initiative and are responsible for compliance with local law, including any securities, tax, and data-protection requirements.
You may not assign or transfer these Terms or any right under them without our prior written consent.
We may assign, novate, or transfer these Terms and our rights and obligations under them, in whole or in part, without your consent: (a) to a Saudi legal entity that we incorporate to operate the App; (b) to an affiliate; or (c) in connection with a merger, acquisition, restructuring, or sale of all or substantially all of the assets relating to the App. We will notify you of any such transfer through the App or by email, and the transferee will assume our obligations under these Terms. Your rights under the Privacy Notice will continue to apply.
Entire agreement. These Terms, together with the Privacy Notice and the Cookies and Local Storage Policy, form the entire agreement between you and us regarding the App and supersede any prior understanding on that subject.
Severability. If any provision is held invalid or unenforceable, it will be modified to the minimum extent necessary to make it enforceable, or if that is not possible, severed. The remaining provisions continue in full force.
No waiver. A failure or delay in enforcing any provision is not a waiver of it. A waiver is effective only if given in writing.
No partnership. Nothing in these Terms creates a partnership, joint venture, agency, employment, or fiduciary relationship between you and us.
Force majeure. We are not liable for any failure or delay in performance caused by an event beyond our reasonable control, including natural disaster, epidemic, war, civil unrest, act of a government or regulator, strike, failure of telecommunications or internet infrastructure, power failure, cyber-attack, or the failure or discontinuation of a third-party provider.
Notices and electronic communications. You consent to receive notices and communications from us electronically, by email to the address associated with your Account or by notice within the App, and you agree that this satisfies any legal requirement that a communication be in writing. Notices to us must be sent to Makn.Care@gmail.com. A notice is deemed received 48 hours after it is sent, provided the sender has not received a delivery-failure message. A change that materially reduces your rights requires your acceptance in the App and is not effective on deemed receipt alone.
Headings. Headings are for convenience only and do not affect interpretation.
No third-party rights. Except as stated in Section 24, no person other than you and us has any right to enforce these Terms.
These Terms and any dispute or claim arising out of or in connection with them (including non-contractual disputes) are governed by the laws and regulations of the Kingdom of Saudi Arabia, subject to any mandatory rights that apply to you as a consumer.
Good-faith resolution. Before commencing any proceedings, you agree to contact us at Makn.Care@gmail.com with a written description of the dispute and to allow thirty (30) days for us to attempt to resolve it in good faith. This does not prevent either party from seeking urgent injunctive relief.
Jurisdiction. If a dispute is not resolved, the competent courts of the Kingdom of Saudi Arabia in Riyadh will have jurisdiction, unless mandatory applicable law provides otherwise. Nothing in this Section limits your right to bring a claim before any body with mandatory jurisdiction over consumer disputes, or to use any group-claim procedure available under Saudi law.
Prompt notification. You should notify us of any claim as soon as reasonably practicable after you become aware of the event giving rise to it, so that we can investigate while the relevant records are still available. This is a request, not a limitation on your statutory rights.
The Arabic version of these Terms is the original version. If these Terms are translated into another language and a conflict arises between versions, the Arabic version prevails to the extent permitted by law.
Operator: MAKN App Email: Makn.Care@gmail.com National Address: Building No. 3116, Al Shaikh Abdullah Ibn Jibrin Street, Al Qairawan District, Riyadh 13531 – 7178, Kingdom of Saudi Arabia Short Address: RRQC3116 Commercial-registration or licence number: None. MAKN operates as an independent, non-commercial software project during the private-beta period and does not carry on any activity requiring authorisation from SAMA or the CMA. Related documents: Privacy Notice; Cookies and Local Storage Policy.