UAE-based fintech Maalexi, a B2B platform specialising in agriculture and food trade, has secured a Shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), a leading alternative investment firm in the MENA region.
The agreement begins with an initial $5 million tranche, collateralised against Maalexi’s inventory and receivables across UAE warehouses, with scope for future expansion as trade volumes increase.
This funding will enable Maalexi to scale operations in the UAE and Saudi Arabia, support thousands of SMEs, and strengthen its mission of enhancing regional food security.
Maalexi’s platform leverages advanced technologies—including AI, blockchain, and IoT—to provide automated credit, real-time risk tracking, and fast cross-border transactions, reducing operational risks around quality, quantity, weight, pricing, and counterparties.
Dr. Azam Pasha, CEO of Maalexi, stated:
“This facility is more than capital—it is a catalyst to enhance our capabilities and help us build resilient and intelligent food supply chains that are driven by speed, transparency, and trust.”
