Maalexi, a next-generation B2B food and agriculture platform, has secured a shariah-compliant credit facility of up to $20 million from Amwal Capital Partners (ACP), a leading independent firm specializing in alternative investments across the MENA region.
The agreement kicks off with an initial $5 million tranche, which will allow Maalexi to scale operations across the UAE and Saudi Arabia and expand support for thousands of SMEs waiting to partner with the platform.
The funding underscores the firm’s mission to strengthen regional food security by integrating small businesses more deeply into food supply chains.
Maalexi provides verified SMEs with direct access to cross-border food and agri-trade, addressing longstanding challenges of risk, financing, and trust. Its proprietary platform leverages AI for risk intelligence, IoT for trackability, and blockchain for secured documents and immutable records.
The facility itself is structured as a fully tech-enabled securitisation model, collateralised against warehouse inventory and receivables. It is designed to monitor daily risk positions in real-time and execute swift, small-ticket transactions with blockchain-secured automation.
Future expansion is planned to include sourcing directly from Farmer Producer Organisations (FPOs) and cooperatives in origin markets.
“This facility is more than capital—it is a catalyst to enhance our capabilities and help us build resilient and intelligent food supply chains driven by speed, transparency, and trust,” said Dr. Azam Pasha, CEO of Maalexi.
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Food Security in Focus
With the UAE importing nearly $24 billion worth of food annually, of which 80% is re-exported to meet regional demand, SMEs represent a largely untapped backbone of food security.
By enabling them to play a more active role, Maalexi is helping diversify supply channels and reduce operational risks such as quality, price, and counterparty failures.
The agreement with Amwal Capital also frees Maalexi to allocate more equity capital into technology development, including an upcoming tokenisation layer to enable real-time payments and transactions executed within seconds.
Strategic Partnership with Amwal Capital
Amwal Capital executives highlighted the significance of the deal beyond financing.
- Sharif Eid, Head of Private Credit, said: “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.”
- Fadi Arbid, CIO, added: “We are pleased to provide disruptive and non-traditional asset-backed capital to our partner Maalexi, which in turn is disrupting a traditional industry poised for transformation through financial innovation in the strategically vital area of food security.”
With this facility, Amwal Capital becomes not only a financier but also a strategic partner, reinforcing Maalexi’s role in transforming how food is procured, stored, and distributed across the GCC.
Engagement
