
Abu Dhabi - Sharikat Mubasher: The UAE-based B2B agriculture-focused fintech company, Maalexi, successfully secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP) to scale its operations and enhance food security across the UAE and Saudi Arabia.
Maalexi will receive $5 million as a first tranche of the capital, which will be used to serve thousands of small and medium-sized enterprises (SMEs), the company revealed in a press release today.
The facility is a fully tech-enabled securitization structure, designed to track daily risk positions in real time and execute swift, small-ticket transactions through Maalexi’s patented blockchain-secured automation.
Azam Pasha, CEO of Maalexi, stated that the facility will catalyze the company's capabilities and help it build resilient and intelligent food supply chains that are driven by speed, transparency, and trust.
“Partnering with Amwal Capital empowers us to scale our reach to tens of thousands of SMEs across the region while accelerating the deployment of our core technology stack: AI for risk intelligence and decision-making, IoT for real-time trackability and traceability, and blockchain for secured documents and immutable transaction records,” Pasha added.
For his part, Sharif Eid, Head of Private Credit at Amwal Capital Partners, commented: “Maalexi’s proprietary technology stack, deep market linkages, and robust operational controls set a new benchmark for de-risking and scaling agri-trade. This is precisely the type of impactful business we are committed to supporting.”
Maalexi targets enabling verified SMEs to participate directly in cross-border food and agri-trade by reducing risk, optimizing capital, and enhancing transaction security. The platform leverages proprietary technologies to manage credit, inventory, compliance, and logistics with unmatched intelligence.