Halal trade finance on Stellar
Fund real shipments. Earn a fixed profit from trade, not interest.
For centuries, caravans crossing the Sahara were financed by partners who pooled money, bought goods and shared the profit of a real trade. Qafila is that partnership on Stellar: shared ownership of real goods, profit from a sale instead of interest, and proof at every step.
- Passkey wallet, no seed phrase
- Fixed profit from a sale
- Every step on-chain
Live ledger
The latest transactions on the Qafila contract.
Live on testnet
updates every 10 secondsHow it works
Four steps. Every one of them on-chain.
01
Verify
The importer uploads the invoice, packing list and supplier licence. AI checks them against each other, the company register, sanctions lists and live carrier data. A person signs off.
02
Fund
The importer locks a security deposit first. Investors fund the shipment and receive locked shares.
03
Ship
The contract pays the supplier. The bill of lading is made out to Qafila. An agent confirms the loading event from carrier tracking and the balance is paid.
04
Repay
The importer buys the goods at a price fixed from day one and repays by the due date. Investors claim principal plus profit. Late fees go to charity.
Happening on-chain
Every step is a transaction on Stellar. Click one to see it on stellar.expert.
Designed for Sharia compliance
Five sentences, no small print.
Based on AAOIFI Shari'ah Standard No. 8 (Murabahah). Formal review by a Sharia board is pending.
- 01
The deal owns real goods before it sells them.
- 02
Profit comes from a sale at a price fixed at the start, and nothing grows with time.
- 03
The importer puts money in first and loses it first if they let investors down.
- 04
Late fees go to charity, never to investors or to Qafila.
- 05
Shares cannot be sold on, so a debt is never traded at a discount.
No. The deal buys goods and resells them at a fixed price. Nobody is charged for time.