Privacy Policy
Last update: 30/9/22
We (referred to as “We”, “Us”, or “Our”) are dedicated to protecting your private information and ensuring your confidentiality.
This Privacy Policy aims to enlighten you on how we gather and retain the details you share through the Open MaliyatAi website (referred to as the “website”).
We shall safeguard these ideals.
- To be clear about how we handle and gather your personal data:
We want you to be capable of making knowledgeable decisions about how personal data is used and processed. This is why our site exists. To achieve this, we utilize various techniques and systems to give you pertinent details about handling personal information.
Should we determine that you need specific information, we'll supply the details to you at the designated time and date.
We are pleased to address any inquiries you might have and will offer the necessary clarifications regarding any legal restrictions. You can contact us via email at the following address: info@ Open MaliyatAi .com.
- Private information will solely be utilized for the intents outlined in the policy.
We may handle your personal information for various objectives, including providing you with the website and linking you to external trading platforms (the 'Services'), as well as improving the site, safeguarding our rights and interests, supporting the upkeep and delivery of services, complying with legal or regulatory requirements, and managing administrative and business operations to ensure the effective delivery and utilization of the services.
We also handle personal information to gain a deeper insight into your likes and requirements.
- Utilize vital instruments to safeguard your entitlements concerning personal information.
To facilitate the exercise of your entitlements, we have considerable resources. Reach out to us at any time to inquire about your personal data. We can update or erase it, cease its use for particular or broad purposes, and transfer the data to you or another entity. We are ready to fulfill your requests.
- Protect your private information:
While full protection of your personal data cannot be assured, we promise to continually implement diverse strategies and methods to safeguard your personal information securely.
Our confidentiality and protection protocols are thorough.
1. The Scope?
This policy outlines the categories of personal information collected from individuals by the company and details how it is handled, disclosed to external parties, safeguarded, and so forth.
This Policy pertains to data connected to a recognized or recognizable individual. An individual is considered recognizable if they can be identified directly or through a combination of other details we possess or can obtain.
The Policy describes "processing" as any operation involving the handling or collection of personal data. This encompasses the administration, organization, and preservation of personal data.
Our offerings are tailored for all audiences and are unsuitable for those under 18 years old. We do not intentionally collect or solicit details from anyone under this age. We refrain from permitting such individuals to engage with our services. Should we become aware of any data concerning minors, we will promptly delete it.
2. Which of your personal information do we retain?
When you engage with our platform and its channels or browse our site, we collect personal information. We may seek your personal information in specific circumstances. Additionally, we obtain your personal details by evaluating the usage of our services or channels, or by receiving your data from our external partners.
3. You don't have to share personal information with the company or face any consequences.
However, you're not required to share any personal information with us. There are cases, nonetheless, where you might choose not to share such data. This can prevent us from delivering services or obstruct users from using the website.
4. What types of personal information can we collect? Upon visiting our site, we may gather the following details about you:
This encompasses data concerning your digital activity log, including traffic details (like IP address, time of visit, access date, and date of entry), the language preference, crash logs for software, the type of browser used, along with specifics about the device employed. The data you gather is not personal and cannot be used to identify you.
Personal Information We obtain from you: All personal details you willingly submit when you engage with a third-party online trading platform via Us.
Details shared directly with external platforms for conducting transactions: these details include your full name, residential address, contact number, and email ID.
5. The foundation and justification for handling personal information.
The company handles your personal information for the objectives outlined in this passage, complying with the relevant legal framework.
Without a legitimate foundation, the organization cannot utilize any personal information about you. The permissible reasons the company might employ to handle your data are:
- You have agreed to the handling of your personal data for one or more purposes. This occurs when you provide personal details through the site, enabling us to pass them on to a third-party trading platform.
- The Company or an External Party May Need Processing to Fulfill Their Legitimate Interests, such as enhancing our offerings or protecting against legal disputes.
- Legal requirements necessitate compliance in processing.
Reach out to us by email to obtain further information on the procedures required to protect rightful interests.
Provided below are various justifications and legal bases under which we might utilize the data you supply us. Personal information.
To share your personal details with external entities at your behest to secure entry into electronic trading.
Should you inquire, we might seek your consent to share your personal details with external companies.
You have approved the handling of your personal information for one or several purposes.
To address your inquiries or concerns, your personal data is required to assist in resolving any questions you may have about the services.
The valid needs of the organization or those of an outside party require handling.
In order to fulfill any legal, administrative, judicial, or court obligations, personal data is handled to satisfy these legal mandates.
Processing is necessary to adhere to legal requirements.
To improve the quality of our offerings, we might utilize personal information. This involves, among other things, analyzing crash or error reports associated with the services.
The company's justified objectives or those of another party require handling.
Preventing Deception and Abuse of Our Offerings
To execute and oversee tasks aligning with our service prerequisites, such operations entail administrative roles, growth initiatives, tactical resolution-making, supervisory frameworks, and more.
The company's valid interests or those of a third party require processing.
For decision-making across various concerns, we utilize diverse analytical methods, including those rooted in statistics, to perform examinations such as statistical assessments.
The company's rightful benefits or those of another entity must undergo processing.
To Protect Our Holdings, Privileges, and Interests along with Those of Others, We Created HTML0 to Initiate and Uphold Legal Defenses. Personal Data Can Be Handled by Us to Shield Our Rights, Interests, and Holdings or Those of Others, in Accordance with Relevant Laws, Rules, or Agreements and Any Terms, Conditions, or Policies.
The company’s valid interests or those of another entity require handling.
6. Relocation of Personal Information to External Entities
The organization may also share personal information with external firms that provide us with services like hosting, storage solutions, IP address data, and user experience analysis.
You may request us to share certain personal information about you with external trading platforms. In these situations, we will transfer your personal information to third-party trading platforms. The handling of your personal information will adhere to their privacy policies. Your details might be communicated to several trading platforms.
The organization might share personal information with affiliated entities or business associates. Doing so can equip the organization with the tools required to enhance and refine the goods and services offered to its clientele.
If it becomes necessary to protect the rights of third parties or property, the Company has the authority to share personal data with regulatory agencies, local bodies, or other official entities.
We might also distribute your personal information to potential financiers or acquirers, or to the company's lenders or those within the company's network if a transaction occurs (such as a transfer or sale of the company's assets or those of any affiliated entity) or during any merger, restructuring, consolidation, or insolvency process involving the company or any associated business entity.
7. Third-party cookies and services.
External providers, like those offering ads on our site or analytics firms, might be employed. These entities may also use cookies or similar technologies.
Every time you visit or access a website, small text files known as cookies are stored on your device. These files collect data about your preferences and browsing behaviors to enhance your user experience, save your settings, and personalize the content and services that might appeal to you. Additionally, cookies are used for statistical analysis and data insights.
Some cookies we employ are session cookies, which are temporarily stored on your device and will disappear soon after you close your browser. Others are persistent cookies. These enduring cookies stay on your device even after you shut down your browser. They help the website recognize you as a returning visitor and facilitate your access to the website again.
Types of cookies:
They might be employed by us in accordance with their intended function.
Cookies are essential without a doubt.
These cookies are essential for accessing the features you requested and navigating our site. Cookies help deliver the information, services, and products that you have inquired about.
They are necessary for your device to access and stream content. This allows you to browse the site, make use of its functionalities, and revisit pages you've seen before.
Cookies gather personal information, like your username, along with the most recent login date to verify your active session on the site.
They disappear once your web browser is closed (temporary cookies).
Operational cookies.
Cookies help us identify you on each visit to our site while storing your settings and choices.
They continue to be valid until they expire and remain stored even after closing the browser.
Cookies for efficiency.
Cookies are utilized to collect statistical information regarding the site's effectiveness and to aid in its improvement. They also allow us to perform website analytics.
Cookies hold information that remains anonymous and isn't linked to any identified or identifiable individual.
They vanish once you close your browser. Some cookies never expire.
Cookies are obstructed or deleted.
To block or delete cookies, adjust your browser's configurations. Here are links to guide you through the steps for several popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Be mindful that if this occurs, some or all features and functionalities of the website may not operate as you anticipate.
ONLINE MONITORING NOTICE
This platform does not currently acknowledge do-not-track requests.
8. The Preservation of Your Personal Information.
The organization aims to keep your personal information for as long as it is needed to accomplish the data processing objectives outlined in this policy, or for extended durations as allowed by laws, regulations, guidelines, and applicable directives.
We’ll provide your details to third-party trading services for a duration of 12 months. Should you consent to this, your information will continue to be shared for an additional 12 months.
We consistently reassess stored Personal Data to confirm it is no longer necessary.
9. Relocations of personal data to a foreign nation or to a global entity.
Your personal data might be relocated to other nations, meaning your information could be sent to a foreign country (a nation different from where you live) or to global organizations. International Entities or Jurisdictions. The company ensures that all essential measures are in place to safeguard the data you share, ensuring that data subjects can exercise their rights and pursue effective legal remedies.
These protections and safeguards are available to everyone living in the UAE (United Arab Emirates).
- Transfer to a third-country entity or global organization that the EU Commission recognizes as offering sufficient protection for personal data, as per article 45 (3) of Regulation 2016/679 of the European Parliament and of the Council dated 27 April 2016. (the "GDPR").
- The transaction occurs under the terms of a binding and enforceable legal contract between governmental entities or agencies within the framework of viro Article 46 (2) (a).
- The transfer adhered to standard data protection agreements endorsed by the UAE authorities under Article 46 (2) (c) of the GDPR. The provisions endorsed by the UAE authorities are accessible at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The organization can offer details on the protective strategies it uses to secure your personal information when shared with overseas nations or global bodies. Contact us via email at info@wealthwaydigital.ae.
10. Safeguarding Personal Information.
We have implemented suitable organizational and technical measures to protect personal data. This encompasses preventing any unintentional or unlawful destruction, loss, or alteration of personal data.
We are unable to promise or ensure error-free protection of your personal information. We also cannot be liable for any indirect, incidental, or consequential harm resulting from the usage or exposure of personal data. This involves, but is not limited to, personal data being revealed due to transmission mistakes, unauthorized access by third parties, or any other reasons beyond our control.
If we face legal obligations or other uncontrollable responsibilities, we may need to share your personal information with third parties, like public authorities. In such instances, we cannot manage the protection third parties provide to your personal data.
Transferring personal data via the web cannot be completely secure. The Company cannot guarantee the safety of personal information you send to us online.
11. Links to external sites pertaining to third-party web platforms.
The website includes links to external sites and apps. These are not managed by our company. We hold no responsibility for how these sites or applications collect or handle personal data. This Policy does not cover activities conducted through these third-party resources.
Before engaging with any third-party sites or applications, it's advisable to review their privacy policies to make an informed decision regarding their usage. Additionally, consider carefully whether to share your personal information with them.
12. Changes to this Policy.
This policy can be altered at any moment. Should we update it, you will be informed of these alterations by the posting of the revised policy on our website. Furthermore, when major adjustments are made, we'll strive to notify you through methods deemed suitable and will announce it on our site. Unless otherwise noted, all changes will take effect following the release of the altered policy.
13. Your entitlements concerning your personal data rights.
You have the right to ask us to confirm the precision of the personal information gathered about you, to correct any errors, and to erase any personal details we do not need. Additionally, you can limit the range of processing types for personal data.
If you live in the UAE, kindly check this webpage: .
You have the ability to access these privileges regarding the data you submit concerning your personal information. To assert your entitlements, you can send an email to the address provided below.
Access rights
The organization can confirm the correctness of personal information processed about you. If confirmed, you can access your own personal information.
The organization aims to provide a digital version of the personal information currently under processing and may impose a fair charge for subsequent copies. If requested, the data will be accessible in electronic form.
The privilege to access personal data should not infringe upon others' rights and freedoms. If the request harms another's rights or freedoms, the company may deny the request or restrict its execution.
Entitlement to correction.
The Company has the right to amend incorrect personal data. You can request the correction of any incomplete personal data related to you, considering the purpose for which it is processed.
Right to Erasure
The following justifications apply: (a) Personal data are no longer needed for the purpose they were gathered or processed for; (b) You revoke consent, leaving no legal grounds for processing; (c) You raise an objection at any time, for a reason specific to your circumstances, against the handling of personal data about you based on the legitimate interests pursued by either us or a third party; (e) Personal data is processed unlawfully or f) Personal data must be erased to comply with the legal obligation in the UAE.
This permission does not apply if the processing is essential (a) to meet a requirement mandated by legislation that must be handled under United Arab Emirates law or the law of its emirate; or (b) to establish, assert, or defend legal entitlements.
Limitations on processing.
Should you have concerns about the precision of your personal information, you may request the company to restrict the use of your personal data.
Should you request the limitation of personal data, it may be retained solely with your consent, or to establish, assert, or defend legal claims, or to protect another individual's rights, or due to a significant public interest reason within the United Arab Emirates or any of its emirates.
Entitlement to information transfer
When an automated system handles processes based on consent or a contract you are a part of, you possess the legal entitlement to access and examine the personal data you have submitted to the company.
You have the right to request that your personal information be sent directly from the company to another data controller, if possible technically. Exercising your right to data transfer does not alter your right to have data erased. The transfer of data rights doesn’t infringe on the freedoms or rights of others.
Right to challenge
You have the right to contest any handling of your personal information based on the company or a third party's legitimate interests at any moment. This includes profiling when solely relying on these legitimate interests. If we can demonstrate compelling legitimate reasons for processing your data, we can only continue if you cannot prove that your rights, freedoms, or interests, or the pursuit, establishment, or defense of legal rights, take precedence.
Regarding direct promotions, you retain the right to object to the handling of your personal data at any time.
Authority to decline permission.
You have the option to withdraw your agreement for us handling your personal data at any point. This will not impact the validity and legitimacy of any processing based on your consent before its withdrawal.
You have the right to file a grievance with the authority overseeing you.
You can file a complaint with an oversight authority established by a member state to protect individual rights concerning the handling of personal data within the United Arab Emirates.
Regulations in the United Arab Emirates and its jurisdictions might restrict your entitlements regarding personal information about you, as outlined in this clause 13.
We'll furnish you with the requested details as outlined in your entitlements under section 13 of this contract within a month of receiving your inquiry. The duration may be prolonged to a maximum of two months, contingent upon the complexity of the request and the volume of inquiries. Within one month of receiving your submission, we will inform you regarding any extension along with the justification.
Provided it does not violate section 13 regulations, information requested under your section 13 rights will be accessible at no charge. If the request appears unjustified or overly burdensome, especially when repetitive, we might impose a fee to cover administrative costs for providing the information or performing the requested action. We also reserve the right to refrain from action.
Should there be any uncertainty about who genuinely submitted your request, the organization may require additional details about the individual's identity.