An innovative trading platform to register ownership of commodities
DMCC Tradeflow is a flexible and customised online platform to register possession and ownership of commodities stored in UAE-based facilities.
Established in 2004, DMCC Tradeflow is a unique platform launched to address a gap in the regional trade finance market and has witnessed a year-on-year increase of transactions.
DMCC Tradeflow now provides a range of online services specifically designed to facilitate collateral financing, jewellery financing and provide Islamic Finance solutions.
The success of Tradeflow is largely due to DMCC’s ability to work alongside the global commodities industry, form partnerships and create trade enabling eco-systems.
Consistent high performance is driving the expansion of Tradeflow and has resulted in the development of innovative trading platforms that cater specifically for the trade finance demands of emerging markets such as China and India.
There are several advantages to DMCC Tradeflow
Our fully electronic web-based trading platform offers Murabaha transactions in physical commodities and the ability to undertake multi-commodity and multi-currency trades from all around the world, supported by UAE-based assets that comply with Sharia compliance criteria.
Launched in 2016, Salam enables forward-financing of transactions, where payment is made in advance for goods to be delivered at a future date. The financial institution pays in full for buying a specific quantity of commodities, at an agreed level of quality, which the seller will supply on a pre-agreed date.
DMCC Tradeflow provides a range of risk management solutions across the commodity inventory financing value chain. These are backed by standardised and enforceable legal conditions designed to address the specific needs and requirements of the industry.
In 2018, Tradeflow collaborated with Brinks Global Services to offer a new innovative solution to the market.
Through using RFID (radio-frequency identification) technology, business owners are able to register, tag and track their inventory as a means to secure finance.
The DMCC Warehouse Inspection and Ratings Programme –which incorporates Halal assessments - supplies the market with confidence thatcommodities stored in Dubai are safe, secure and accessible.
An Internal Shari'a Supervisory Committee supports with Tradeflow's Islamic Finance products and services, endorses the development of new offerings and offers advice on all related financial products from a Shari’a compliance perspective.