Shoraka Al-Amin Platform
Shoraka Al-Amin Platform is a Tawarruq commodity trading platform that is available for both conventional and Islamic financial institutions.
It is a web-based commodity trading platform designed to facilitate the trading of commodity Murabahah products globally with over RM7 billion worth of commodities.
Our digital platform is fully-Shariah compliant and could be integrated into our clients’ existing trading system and processes via API, which is currently being utilized by some of the leading financial institutions in Malaysia.
The digital platform is operated under Shoraka Global Resources Sdn Bhd. As Shoraka al-Amin is based in Malaysia, this gives the platform an edge given that Malaysia is the Islamic financial hub globally.
The development of the digital platform will help to transform Malaysia into a comprehensive marketplace, supported by a robust regulatory, supervisory, Shariah and legal framework for deep primary market as well as an active and robust secondary market.
Among some of the key features of the digital platform includes
24/7 branchless operations that allow easy access and trading
Administrative operation time for Islamic Financial Institutions will be reduced by more than half per trades.
Disbursement time is completed swiftly
Real-time trade that helps to improve liquidity