Empowering Businesses with Innovative Islamic Finance Solutions
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.
Through QUALCO’s Supply Chain Finance solution, the management of Receivables Finance is becoming seamless.