DMCC Tradeflow: Streamlining access to trade finance

165,000

Islamic Finance transactions registered in 2023

AED 1.91 trillion

Record value of Islamic Finance transactions registered in 2023

144kg

Of Gold handled by Tradeflow in 2023

11.89 million

Carats of diamonds handled by Tradeflow in 2023

Inventory financing

DMCC Tradeflow presents a comprehensive solution for inventory financing, incorporating state-of-the-art processes and technology to support the commodity trade sector. This approach is designed to enhance risk management across the entire commodity value chain, offering standardised legal conditions tailored to meet the unique needs of various industries.

The platform is recognised for setting benchmarks in secured lending, especially in how stored commodities, ranging from precious stones and jewellery to tea and coffee, can be effectively pledged for bank financing. This robust infrastructure ensures a reliable and efficient system for securing loans against commodities.

For diamond and precious stone traders, Tradeflow offers a collateralised financing programme that allows them to always maintain possession of rough diamonds while receiving financing. Additionally, jewellers can utilise advanced RFID tagging technology, supported by Tradeflow warrants, to secure financing against their retail inventory.

Islamic finance

DMCC is at the forefront of advancing the Islamic finance industry globally through its commitment to innovative, Sharia-compliant finance solutions. The DMCC Tradeflow platform is central to this effort; it is tailored to cater exclusively to cater to Islamic financial institutions, offering them an efficient 24/7 Commodity Murabaha transaction facility. Members can engage in the buying and selling of a range of Sharia-compliant commodities, encompassing metals and food stuff. . The platform is recognised for its compliance, having been endorsed by authoritative bodies and awarded for its excellence in Islamic finance.

Another cornerstone product is Salam, a Shariah-compliant financing mechanism for advanced payment for future goods delivery. This solution is ideal for buyers seeking specific commodities with upfront payment, ensuring compliance with Islamic principles.

Underpinning these services is DMCC’s Internal Shari'a Supervisory Committee, currently comprised of esteemed scholar:

· Dr Jassim Alshamsi

His expertise ensures strict adherence to Shari’a principles across all DMCC financial products and services. This committee's role is crucial in maintaining the integrity and compliance of DMCC's Islamic financial offerings.

img-woman-in-hijab-looking-out-the-window

Register your ownership of commodities stored in UAE facilities.

Gain access to financing options.

Sharia-compliant solutions.

Pledge your inventory without relinquishing possession.

Benefit from DMCC's collaboration with the global commodities industry.

DMCC’s Warehouse Inspection and Ratings Programme sets the standard for warehouse certification, to provide an authoritative " -star" rating system. The initiative is strategically designed to quantify and improve warehouse operations, aligning them with DMCC’s rigorous criteria for quality and safety.

The programme serves as a strategic tool for warehouses, steering them towards operational excellence and compliance with the highest industry standards. For financial institutions, the transparent ratings ensure a reliable measure of warehouse quality, offering a robust level of assurance in their operational integrity. For traders, working within a DMCC-rated facility raises their standing with financiers, potentially boosting their ability to secure necessary working capital.