BFX - Bahrain Financial Exchange

Bait Al Bursa, an Islamic division of the Bahrain Financial Exchange (BFX), is the first dedicated platform in the region offering exchange traded solutions to the Islamic finance market. Bait Al Bursa signifies the ‘Home of Exchanges’ and symbolises the BFX’s vision of providing a single venue for all exchange traded business in the Islamic finance sector. Bait Al Bursa aims to create a new standard in Islamic finance with the introduction of innovative Shariah-compliant exchange traded financial products. Located in the Kingdom of Bahrain, Bait Al Bursa is strategically positioned to service the MENA region, the West and the Far East.

For further information on Bait Al Bursa and its products please call +973 16 511 511 or e-mail info@baitalbursa.com

e-Tayseer, the first of Bait Al Bursa's products, is a fully automated platform for transactions in the supply, purchase and sale of assets for facilitating Murabaha transactions. e-Tayseer allows suppliers to place their assets onto the platform ready to be purchased by financial institutions. Financial institutions can then purchase these assets and conduct Murabaha transactions with counterparties to fulfil their liquidity management requirements in a secure online environment. e-Tayseer offers various Shariah-compliant assets located in the MENA region as well as globally, where all processes are automated end to end.

e-Tayseer offers a sophisticated Shariah-compliant liquidity management solution through a bespoke automated exchange platform. The first of its kind in the MENA region, its key benefits include:

Automation
e-Tayseer is a fully automated Shariah-compliant solution designed to manage the buying and selling process of assets, from inception to completion.

Multi-Currency and Multi-Asset
e-Tayseer offers multiple Shariah-compliant assets such as cars, car parts, industrial equipment, soft commodities and metals to name a few which are securely stored and ownership can be easily transferred.

Straight Through Processing
The entire trade process is conducted electronically without the need for re-keying of data or manual intervention.

Time
Through e-Tayseer, the average duration of a liquidity management transaction is reduced significantly in comparison to the current market practice.

Convenience
All bids are placed electronically, and confirmations are created and sent electronically. Therefore reducing the time and resources spent on emails, phone calls and faxes between the different transacting parties.

Secure
Financial institutions can be rest assured that all transactions on e-Tayseer are protected via state of the art encryption and password processes while allowing access to e-Tayseer from any computer with an internet connection.

Transparent
Both financial institutions are involved in the overall process with the Purchaser and the Supplier. All transactions and respective audit trails are stored electronically for any future usage.

For further information on e-Tayseer please call +973 16 511 511 or e-mail info@baitalbursa.com