Which stablecoins can I deposit into SukukFi pools?

SukukFi pools are deployed on Berachain where capital providers can deposit the following stable coins:

• USDT0
• USDC
• BYUSD (PYUSD on Berachain)
• HONEY
• USDe (Ethena)

If you have stablecoins on any other blockchain you can use bridging providers such as Stargate Finance to transfer your coins to Berachain.

How is yield generated and distributed?

Yield is generated from a share of the profit on transactions that are funded by our proprietary smart contract infrastructure. The SukukFi platform advances liquidity to fund the supplier side deals whilst collecting the revenue from the customer side. At all times, the platform is monitoring the profit margins of the deals and is able to enforce profit shares accordingly. When the customer pays their invoices, the funds are collected on banking infrastructure controlled by the SukukFi platform which exchanges fiat currency into stablecoins to then distribute capital repayments and profit shares back to investors.

How is SukukFi Sharia compliant?

The SukukFi proprietary smart contract infrastructure is hard-coded sharia compliant. The mechanisms deployed for funding transactions in deal chains are based on the following Islamic Finance principles: Mudarabah is a profit sharing contract where one party provides capital in conjunction with an entrepreneur who runs the business venture. Profits are shared according to a pre-agreed ratio, while losses are borne by the capital provider. Murabaha is a sale contract where a capital provider buys an asset and then resells it to a customer at a predetermined price that includes a profit margin agreed upon upfront. It is a cost plus financing method, meaning the profit is known and fixed at the time of the agreement, rather than being interest based like in conventional finance. SukukFi smart contracts are open to everyone including non-muslims and our philosophy of wealth building is on the basis of profit participation from revenue-generating businesses.