iGENS or the “Interest-free Group-based Electronic Netting System” is an effective way of injecting liquidity into the economy, practically free, that can spur business and employment while bringing about structural stability, inflation-free with both economic and environmental sustainability. Netting or Muqassah is allowed in Shari’ah.
With the iGENS app, a user can make payments to other members of the community conveniently from their IOS devices.