Trade finance you can see.
Tamweel lets investors buy real goods from suppliers, then sell them on to buyers with time to pay. Every movement of capital is recorded, so investors know where it went, what it earns, and why.
Illustrative figures throughout. Returns depend on buyer payment and are not guaranteed.
Trade runs on time. Financing for it doesn’t.
A supplier wants cash now. The buyer needs months to pay. Someone has to bridge the gap, and today every option has a catch.
Suppliers wait for their money
Deferred terms keep working capital locked in unpaid goods, even when the sale is already agreed.
Conventional credit charges interest
Loans and invoice discounting are interest-based. That is not an option for businesses and investors who follow Shariah.
Investors rarely see inside the pool
Capital goes in. Where it went, how it earns and who pays it back often stays out of sight.
Pakistan’s supply chain finance market is estimated at over US$9 billion, yet fewer than 5% of SMEs can access commercial bank financing (Haball, via Business Recorder, 2025).
Investors finance the trade itself.
Instead of lending money, Tamweel’s investor pool buys the goods from the supplier and sells them to the buyer on deferred terms. Real goods change hands twice. No interest is charged at any point.
The supplier is paid in full, upfront. The buyer keeps the time they asked for and pays only the price already agreed. Investors earn from the sale of an actual asset.
Illustrative example in PKR.
Five steps, one traceable trail.
A business applies
A verified buyer or seller brings a real trade: identifiable goods, a supplier quotation and a payment schedule. Tamweel checks the business, the supplier and the goods.
Investors fund the purchase
Investors commit capital to a transaction-specific pool. Each investor’s share of the deal is recorded.
Sale one: the pool buys the goods
The pool buys from the supplier at a discounted price, paid upfront. Ownership transfers fully to the pool, which now carries the risk of the goods.
Sale two: the pool sells to the buyer
Only after sale one is complete, the pool sells the goods to the buyer on deferred terms, at the price the buyer and supplier had originally agreed.
Instalments flow back to investors
The buyer pays in instalments. Each payment is recorded and shared out by each investor’s stake. Profit, or loss, follows the actual sale.
Two sides of the same trade.
Businesses
Suppliers who want paid now, and buyers who need time.
- Suppliers receive the full discounted price upfront
- Buyers keep their deferred terms
- Buyers pay only the originally agreed price, with no extra charge for the supplier’s early settlement
- Financing is tied to one real transaction, not open-ended debt
Investors
Individuals and institutions who want asset-backed, Shariah-compliant exposure.
- See which goods, which supplier and which buyer your capital supports
- See what you earn, why, and from whom
- Own the goods before they are sold on, and share profit or loss on the real sale
- Follow each instalment as it arrives
Established model. Different standard of visibility.
Islamic trade finance already exists. Tamweel’s difference is that the investor can see all of it.
Transparent by design
Investors see where capital went, how much they earn, why, and from whom, for every transaction they join.
Recorded on a shared ledger
Key events are written to Algorand: funding, purchase, sale and each instalment. The trail can be verified, not just trusted.
Real ownership, real risk
Investors’ pool owns the goods before selling them. Returns come from an asset sale, so profit and loss are both possible.
No extra cost for the buyer
The buyer pays the price already agreed with the supplier. Early settlement is the supplier’s choice, and the supplier bears its cost.
One transaction, one pool
Each deal has its own pool and records. Exposure is clear and contained, never blended into a fund.
Shariah first, always
Nothing is added to the platform if it compromises Shariah principles. A transaction that fails the review does not proceed.
Where Tamweel sits.
Shariah-compliant digital financing is growing across Pakistan and the Gulf. These are the platforms closest to what Tamweel does.
| Platform | Based in | What it does (from public sources) | How Tamweel differs |
|---|---|---|---|
| Mamun | Oman | Shariah-compliant trade finance crowdfunding. Investors fund SME trade contracts, across borders, under Oman’s FSA crowdfunding licence. | Closest model. Tamweel adds a per-investor ledger of where capital went and what it earns, plus two separate sales with the buyer’s price unchanged. |
| Finja Invest | Pakistan | SECP-licensed P2P financing platform. Investors fund short-term stock financing for small retailers. | Finja lends to merchants through its own credit engine. Tamweel is a sale of goods, where investors own the asset and see each transaction. |
| Shaamilkar | Pakistan | SECP-licensed. The Tajir app, approved in 2026, finances inventory purchases from approved suppliers, up to Rs3 million. | Shaamilkar finances the business directly. Tamweel opens each trade to pooled investors and shows them the full trail. |
| PEQAL | Qatar | Digital invoice crowdfunding. Connects Qatari SMEs with investors seeking short-term, asset-linked returns. | PEQAL works from invoices. Tamweel works from goods that the pool genuinely buys, owns and sells. |
| EthicaFi | To be confirmed | We could not verify public information about this platform. Profile to be added. | To be added. |
| Tamweel | Pakistan | Pooled investors buy goods and resell on deferred terms. Every step is recorded on-chain. | Investor-level transparency, with Shariah structure that separates the two sales. |
Based on public information reviewed in November 2026. We did not find these platforms describing both investor-level traceability and a two-sale structure that keeps the buyer’s agreed price unchanged. They lead on licensing, scale and track record, and Tamweel is earlier in its journey.
Two sales. Kept separate on purpose.
The structure is simple, and the order is what makes it work. The second sale cannot begin until the first is fully complete.
Supplier to investor pool
The pool buys the goods at a discounted price because it pays upfront. Ownership transfers fully to the pool, together with the risk of the goods.
Investor pool to buyer
A separate, independent deferred sale, at the price the buyer and supplier agreed before coming to Tamweel. The buyer pays in instalments, and nothing more.
What this means in practice
- The investors actually buy the goods and pay for them upfront
- The pool bears the risk of ownership before any resale
- The buyer does not pay extra because the supplier took early settlement
What is ruled out
- No riba. Profit comes from the sale of goods, never from lending money
- No gharar. Goods, price and schedule are specific and known
- Investors profit or lose on the real asset sale, not on moving capital around
Contracts follow recognised Shariah-based structures. Independent Shariah board review: to be announced.
Built to be checked.
Python / FastAPI
The core application: onboarding, deal management, investor dashboards.
PostgreSQL
Operational and financial records, with full history.
Algorand
Selected events recorded on-chain for transaction verification and audit.
Transaction SPV
A transaction-specific SPV or other appropriate legal vehicle for pooled participation.
What the blockchain does
It makes each step visible and auditable: who funded, what was bought, what was sold, what was paid.
What it does not do
It does not replace legal ownership, contracts, possession or regulatory requirements. The ledger supports those, and never substitutes for them.
Straight answers.
Is this a loan?
No. Nothing is lent. The pool buys goods from the supplier and sells them to the buyer. Profit comes from the difference between the two prices.
Why does the supplier sell at a discount?
Because they are paid in full upfront instead of waiting. The discount is the supplier’s price for early cash, and it is never passed on to the buyer.
Does the buyer pay more because of Tamweel?
No. The buyer pays the price already agreed with the supplier, on the deferred schedule they wanted. The price is fixed at the time of sale and does not grow if time passes.
Can investors lose money?
Yes. Investors own the goods and carry the risk, so returns depend on the real sale and on the buyer paying. Nothing is guaranteed.
What does the blockchain actually record?
Selected key events on Algorand, such as funding, purchase, sale and instalments. Legal ownership and contracts remain in the legal documents and the SPV.
Who ensures Shariah compliance?
Every transaction is reviewed against the framework before it proceeds. Details of the independent Shariah board will be announced.
When does Tamweel launch?
Tamweel is being built now. Join as a business or an investor to be among the first contacted.
Why Tamweel.
Tamweel means financing. We believe Islamic trade finance should be as clear as the trade it supports: real goods, a fixed price, and a trail anyone involved can follow.
We are building the platform in Pakistan, with Shariah compliance as the first requirement and transparency as the standard.
Be part of the first transactions.
Join as a business
Get a supplier paid upfront, or give your buyer the time they need, without interest.
Join as a business