ISLAMIC WORKING CAPITAL FINANCING

Empowering Businesses with Innovative Islamic Finance Solutions

overview

WORKING WITH ISLAMIC FINANCE

Banks and financial institutions worldwide are adapting to changing market conditions to improve cost efficiency and profitability. Islamic finance or Shariah-compliant finance is considered an alternative approach to conventional finance that operates based on the principles of the Islamic law called Shariah. Islamic finance has experienced a remarkable surge in global recognition and adoption in recent years. Its robust regulatory framework appeals not only to Muslim customers but also to conventional stakeholders.

QUALCO Proxima Plus is an end-to-end Factoring and Supply Chain Finance (SCF) platform that offers a solution focusing on working capital and open account receivable financing to serve the liquidity needs of businesses. It facilitates trade and significantly improves access to finance for the expanding SME sector based on a risk-sharing lending model.

QUALCO Proxima Plus combines Islamic supply chain financing through commodity Murabaha and other types of Shariah-compliant workflows. It offers a technology that provides working capital solutions and finance access to SMEs and large corporations while collaborating with the banking sector.

UNIQUE BENEFITS

SHARIAH-COMPLIANT FINANCE

QUALCO Proxima Plus is designed to comply with Islamic financing principles, ensuring businesses can engage in ethical and socially responsible financing practices that align with their values and beliefs.

RISK SHARING APPROACH

Our solution adopts a risk-sharing principle in accordance with the principles of Islamic finance, avoiding excessive risk in contracts. This promotes fair risk distribution among stakeholders in our financing framework.

INCREASED TRANSPARENCY

By requiring all parties to disclose relevant information, our SCF platform ensures transparent and auditable transactions, in accordance with Shariah law's requirement of real underlying economic transactions.

TAILORED FINANCING SOLUTIONS

Our Islamic products are specifically designed to offer tailored financing solutions that meet the rules and regulations governing each country and financial institution.

SOCIALLY RESPONSIBLE FINANCING

QUALCO Proxima Plus can support responsible and sustainable business practices that support growth and ongoing operations. This includes investing in businesses and projects, that foster a socially responsible approach to financing.

Integration

Benefit from seamless integration with the commodity broker platform through our open APIs to ease purchasing and selling commodities under commodity Murabaha structured products.

products

AN END-TO-END SUPPLY CHAIN FINANCE PLATFORM

Through QUALCO’s Supply Chain Finance solution, the management of Receivables Finance is becoming seamless.

Comprehensive software for the management of the receivables finance business
QUALCO’s ProximaPlus is streamlining operations and minimises the time and cost of new SCF products implementations.
It offers full UI customisations for increased customer engagement.
Scrum Agile ensures faster and more cost-effective product delivery that replies to the needs of their users.
With next-generation security, the platform allows the safekeeping of all incoming and outcoming documents.

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