Lynk
ActiveDigital Murabaha brokerage platform that links financial institutions with commodity suppliers
Riyadh, Saudi ArabiaFounded 2023
Fintech
LYNK connects financial institutions, commodity markets and beneficiaries so that Sharia-compliant Murabaha financing can be executed in under a minute. By November 2023 it had automated more than SAR 100 million (about $26.7 million) in Murabaha transactions and reported capacity for 15,000 daily transactions. A certified Sharia committee supervises its operations.
Founders
Funding Rounds
UndisclosedNov 2023
Investors: Al Fozan Holding, Ramla Holding Group
Investors: Al Fozan Holding, Ramla Holding Group.
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