---
title: "Revolutionising Donations: The Mosque Payment System You Need To Know [TBS 24 ft Giving Friday]"
description: From battling regulations and failed consultants… to getting life-changing advice from a retired Attorney General… to creating a platform that’s now used across communities—his journey is anything but typical.
---

<https://www.thefinancialcoconut.com/blog>

# [Revolutionising Donations: The Mosque Payment System You Need To Know \[TBS 24 ft Giving Friday\]](https://www.thefinancialcoconut.com/blog/thebusinessshow-24)

 Written by [The Financial Coconut](https://www.thefinancialcoconut.com/blog/author/the-financial-coconut) | Aug 6, 2025 3:00:04 AM

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What happens when faith meets fintech? When a simple act of giving becomes nearly impossible—because the banks won’t help—what do you do?

We sit with Harimann Hayak, Founder of [Giving Fridays,](https://givingfridays.com/compliance/) a visionary who didn’t wait for permission. After years in the corporate world, he took on a mission that no bank, no tech giant, and no government had solved: building a digital donation system for mosques—from the ground up.

From battling regulations and failed consultants… to getting life-changing advice from a retired Attorney General… to creating a platform that’s now used across communities—his journey is anything but typical.

And now? He’s not stopping at Singapore. **Regional expansion is on the horizon.**

We dive into:

🔹 Why banks can’t handle Friday donations the way the Muslim community needs

🔹 The emotional and spiritual weight of managing sacred trust (amanah) in a digital world

🔹 How he used corporate experience to solve a community crisis

🔹 His bold vision: an entire ecosystem for mosques—powered by tech, guided by faith

🔹 And a sneak peek at how AI Ustaz could change religious guidance forever

He’s not just building an app. He’s redefining how faith communities sustain themselves in the digital age.

**What We Discuss:**

- [02:23](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=143s) Introduction
- [04:59](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=299s) What is Giving Friday?
- [16:12](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=972s) The Business Model of Giving Friday
- [21:01](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=1261s) Deciding to Expand the Business
- [32:07](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=1927s) Balancing Business and Spirituality
- [36:08](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=2168s) The Importance of Learning and Adapting
- [40:56](https://www.youtube.com/watch?v=R0vDK9F5ESc&t=2456s) Advice for Mature Entrepreneurs

**Episode Resources:**

- [Spotify](https://linktw.in/sBNOdm)
- [YouTube](https://linktw.in/rYPhyg)
- [Apple podcast](https://linktw.in/BGkGKV)

New episodes every [Wednesday](https://www.thefinancialcoconut.com/blog/tag/tfc-business-show)

Share us your thoughts on this episode and let us know what do you want to hear next.

You can now be our community contributor and make a [pitch ](https://thefinancialcoconut.com/contact/)to have your favourite personality be on our show.  
Join our [community group](https://linkin.bio/thefinancialcoconut/?fbclid=PAZXh0bgNhZW0CMTEAAaY2-JSYItZawSUnNP4YhAicLp0H2wXwx8EBmQgbzOJrjA6YRiPWXtFDSH4_aem_t1DMRY5jrSAapreaSX9ntw) and drop us your insights on this topic.

 

[View full post](https://www.thefinancialcoconut.com/blog/thebusinessshow-24)

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