Replace blind trust with
verified proof.
AmanaPay digitizes Letters of Credit and holds trade funds in escrow, releasing them automatically when a shipment's milestones — verified through satellite tracking and inspection data — are actually met. We're building it in the open, structured for Islamic finance from the first line of code.
Real settlement begins with the pilot cohort.
A $2.5 trillion gap in the system AmanaPay is built to close
This is third-party market research, not a claim about AmanaPay's own transaction volume — we're a private beta, and our own numbers are still small. Here's the scale of the problem our rails are built toward.
Source: Asian Development Bank, 2025 Global Trade Finance Gap Survey; African Development Bank, 2025 Trade Finance Report.
Three steps, in order, before money moves.
This is the actual sequence a trade goes through on AmanaPay — no step is skipped, and no funds release until the one before it is confirmed.
Letter of Credit digitized, funds held in escrow
The buyer's bank commitment is converted into a digital instrument. Funds are locked in a segregated escrow account before goods move.
Live in pilotShipment verified against milestones
Vessel position via AIS satellite data, combined with cargo inspection reports, confirms each contractual milestone as it happens.
Integrating inspection APIsFunds released on confirmed milestones
Once a milestone is independently confirmed, escrow releases the corresponding payment automatically — no manual sign-off required.
Built, in testingFour systems, built to work as one
Each layer of the stack handles one part of the trust problem in trade finance — custody, verification, payment logic, and liquidity.
The Titan Protocol
Segregated trust accounts with multi-signature authorization and instant settlement rails, structured to meet Gulf regulatory standards as we complete our ADGM registration.
Sentinel AI
A risk engine for cargo inspection data, counterparty scoring, and fraud detection — designed to integrate with third-party inspection providers such as SGS and Bureau Veritas.
The Prophet Engine
Satellite AIS vessel tracking with ETA modeling and port congestion data, feeding milestone triggers directly into the escrow release logic.
The Alchemist
A blockchain-based real-world asset (RWA) engine that tokenizes verified trade manifests and customs documentation into liquid, tradeable digital assets — collapsing multi-week payment cycles into near-instant liquidity for international merchants.
A more traceable way to deploy capital across the Africa–GCC–Asia corridor
The trade pipelines tracing Kenya, the UAE, and China represent a real growth frontier, but capital deployment is often slowed by regulatory friction and opaque disbursement. AmanaPay's escrow rails are built to give institutional allocators a clearer, milestone-based path to deploy capital — with a live audit trail instead of quarterly reports.
Segregated capital custody
Investment funds sit in a segregated, milestone-gated escrow account. Capital moves only when a verifiable project milestone is confirmed.
Direct-to-vendor disbursement
Where possible, payments route directly to verified end-vendors rather than intermediaries, reducing the surface area for leakage.
A live audit trail
Every disbursement is logged to an append-only ledger, so allocators can see where capital moved without waiting on a quarterly report.
Earn a share of every transaction you bring in
Join the agent network during private beta and earn a 0.20% revenue share on transactions you originate, managed through a single dashboard.
- 0.20% revenue share on every transaction you originate
- Real-time transaction and settlement tracking
- Automated KYC/AML checks built into onboarding
- A dedicated point of contact during beta
Islamic finance native, not retrofitted
We designed the escrow and settlement logic around Islamic finance principles from the start, rather than adapting a conventional product afterward.
Zero Riba
No interest is charged or paid at any layer of the transaction stack.
Zero Gharar
Milestone-based verification is designed to remove uncertainty from each transaction.
Independent oversight
We are in the process of appointing an independent Shariah advisory board ahead of public launch.
Zakat-ready ledger
Escrow balances are structured so Zakat calculation can be built directly into the ledger.
Instrument support is being rolled out progressively through beta — not all instruments are live yet.
Built in the open, one corridor at a time
We'd rather ship a working pilot with one trade corridor than promise infrastructure we haven't built yet. Here's what's actually ahead.
Mobile monitoring and app store availability follow public launch — join the waitlist to be notified first.
What shipped, and when
Since we said we'd build this in the open, here's the actual sequence — not a highlight reel, just what happened and when.
First clearing & forwarding agents onboarded
Started running pilot Letters of Credit through the platform with our first cohort along the Africa–GCC–Asia corridor.
Escrow release logic completed internal testing
Milestone-triggered fund release moved from design into a working, tested implementation.
AIS satellite vessel-tracking integration
Connecting live vessel position data into the milestone-verification pipeline.
ADGM structuring application submitted
Filed our regulatory structuring application in the ADGM jurisdiction; awaiting review.
Segregated escrow custody accounts opened
Set up the custody accounts that hold pilot-cohort funds separately from AmanaPay's own balance sheet.
Shariah-first architecture finalized
Locked the core design principle: no interest-bearing mechanics anywhere in the stack, from the first line of code.
Questions institutional due diligence usually starts with
Straight answers, including the ones that are still in progress rather than done.
Is AmanaPay a licensed, regulated financial institution today?
Not yet. AmanaPay is structured under Velox Holdings with corporate scaffolding in the ADGM jurisdiction, but we do not currently hold a financial services license or regulatory registration anywhere. That application is in progress — see our compliance status above for where it stands.
How is capital protected if AmanaPay itself fails?
Escrowed funds are designed to sit in accounts segregated from AmanaPay's own operating balance sheet, so they are not part of our corporate assets. We'll publish full custodian and trustee details once our regulatory structuring is complete.
What happens if a shipment milestone can't be automatically verified?
A satellite data gap or a disputed inspection report flags the transaction for manual review by our team before any release or reversal — nothing resolves automatically without a verified milestone behind it.
Is this page an offer to invest?
No. Nothing on this site is an offer or solicitation to buy securities or any other financial instrument. If you're an institutional allocator interested in a direct conversation, use the form below and we'll follow up.
Is AmanaPay Shariah-compliant today, or is that still a roadmap item?
The architecture itself is Shariah-native — no interest-bearing mechanics exist anywhere in the stack. Formal sign-off from an independent Shariah supervisory board is in progress, not yet complete.
Which corridors and jurisdictions can use AmanaPay right now?
We're piloting with a small first cohort of agents and partners along the Africa–GCC–Asia corridor. Broader availability follows regulatory clearance in each relevant jurisdiction.
Request infrastructure access
We're onboarding a small number of clearing & forwarding agents and institutional partners for our pilot rollout. Tell us a bit about you and we'll follow up directly.
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