A daret is a long-standing private savings arrangement between people who trust each other: members pool their own money, no one lends, no interest is charged and no third party takes a cut. Darret is software that organizes and records the circle — it does not hold, move or custody any funds, so it acts as an organizer and ledger, not as a financial institution taking deposits.
A daret is a long-standing, informal savings practice between people who trust each other. It is a private arrangement among members, not a bank product.
Updated 2026-09-07
A daret is members pooling their own money and taking turns receiving the pot. No interest is charged, no third party lends money, and no one profits from fees on the contributions.
Darret is software that helps members organize and track their daret: verifying identities, recording payments, and keeping the rotation transparent. Darret does not hold, move, or custody money. Members pay each other directly by their own chosen method.
Because Darret never takes possession of members’ funds, it acts as an organizer and record-keeper for a private savings circle, not as a financial institution handling deposits.
This page explains how a daret and Darret work in plain terms; it is not legal advice. For your specific situation, consult a qualified professional.
A daret is a traditional private arrangement between members who pool their own money — it involves no lending, no interest and no third-party deposit-taking. It has been practised in Morocco for generations.
No. Darret never receives, holds or transfers members’ funds. It is software that organizes the circle and records payments, so members can see exactly who has paid and whose turn it is.
A daret is not income: you get back what you contributed, with no gain or interest. For your own situation, ask a qualified professional — this page is an explanation, not legal or tax advice.
That is a private matter between members, as with any informal agreement. Darret helps by verifying identities and keeping an accurate, shared record of every payment — but it is not a party to disputes between members.