Trade Finance FCI Article International Factoring

Islamic trade finance

30 November,2018 | Tim Nicolle

Tim Nicolle will be speaking at the FCI Islamic Factoring Conference in Dubai on February 21st 2018, at the invitation of FCI.

PrimaDollar offers Shari'a compliant trade finance solutions. All of our products are Islamic and follow the principle that business relationships should be based upon a win-win, joint approach to creating value.

Factors Chain International ("FCI") is the global organisation that has been promoting and supporting the use of factoring for open account international trade for 50 years. FCI has more than 400 members in 90 countries executing approaching US$300bn annually of international trade finance transactions. 

As result of increasing demand for Islamic solutions to finance open account trading with international buyers, FCI has commissioned a detailed study in cooperation with Noor Bank and the Islamic Development Bank.

PrimaDollar is one of the only companies in the world to offer an Islamic solution for open account trade finance.

PrimaDollar has been invited to join the FCI discussion to share our experience, and to comment on the importance of using Islamic business principles in product design and in the management of customer relationships.

The conference agenda can be found here.

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