What is "Tafqeet" (التفقيط)?
In Arabic, Tafqeet (تفقيط) refers to the practice of spelling out numbers into words, especially for financial transactions. This prevents fraud and ensures clarity.
A standard Tafqeet string usually ends with the phrase "فقط لا غير" (Only, and nothing else), which serves the same legal purpose as adding "Only" at the end of an English bank cheque.
Example Conversion (SAR):
1,500 SAR = ألف وخمسمائة ريال سعودي فقط لا غير