Plugging a gap, UK fintech to launch Islamic solution for inventory monetisation
LONDON - A London Stock Exchange-listed company is set to launch an Islamic solution to help firms monetise their inventories, filling a gap in the market.
Supply@ME Capital (SYME) is one of very few companies that will offer Shariah-compliant solutions in inventory monetisation, which its CEO says there is a growing demand for.
“With the COVID situation, there are companies in several sectors in the Shariah space which have significant working capital shortfalls and needs,” said SYME CEO Alessandro Zamboni.
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