List of Haifin Platform Customers
Dubai, x,
United Arab Emirates
Since 2010, our global team of researchers has been studying Haifin Platform customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Haifin Platform for Blockchain Platform from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Haifin Platform for Blockchain Platform include: Dubai Islamic Bank, a United Arab Emirates based Banking and Financial Services organisation with 10000 employees and revenues of $3.34 billion, Sharjah Islamic Bank, a United Arab Emirates based Banking and Financial Services organisation with 1395 employees and revenues of $594.0 million, United Arab Bank, a United Arab Emirates based Banking and Financial Services organisation with 1000 employees and revenues of $157.0 million and many others.
Contact us if you need a completed and verified list of companies using Haifin Platform, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Dubai Islamic Bank | Banking and Financial Services | 10000 | $3.3B | United Arab Emirates | Haifin | Haifin Platform | Blockchain Platform | 2022 | n/a | In 2022, Dubai Islamic Bank implemented Haifin Platform, a Blockchain Platform, to support its trade finance and transaction banking operations and strengthen fraud mitigation controls. The deployment targeted trade-related document verification and transaction orchestration workflows, positioning Haifin Platform as the ledger layer for secure, tamper evident recordkeeping across trade workflows. Haifin Platform implementation emphasized distributed ledger capabilities, immutable audit trails, and document validation workflows consistent with Blockchain Platform functional patterns. Configuration work focused on ledger transaction orchestration, role based access for participating institutions, and workflow automation for trade document inspection and authenticity validation, while leveraging blockchain primitives for transparency and provenance. Separately, Dubai Islamic Bank joined UAE Trade Connect UTC as an official member bank and will sit on the UTC steering committee alongside the Central Bank of the UAE and seven leading UAE banks. UTC is described as a cloud native solution running on Etisalat's E1 Cloud, underpinned by distributed ledger technology and built around artificial intelligence capabilities, supporting multiple types of trade related documents and automated detection of dubious transactions to prevent fraud and duplication. The combined program places Haifin Platform implementation within a wider national trade finance ecosystem, aligning DIBs internal blockchain deployment with consortium governance and sector level risk mitigation efforts. Dubai Islamic Bank stated that joining UTC and deploying blockchain technology is intended to mitigate fraud, enable a fully digitised trade finance ecosystem, and provide a decentralised, immutable, and transparent data architecture to protect customers and enhance the wider banking system. | |
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Sharjah Islamic Bank | Banking and Financial Services | 1395 | $594M | United Arab Emirates | Haifin | Haifin Platform | Blockchain Platform | 2024 | n/a | In 2024 Sharjah Islamic Bank joined the Haifin Platform as the fourteenth member of the haifin platform alliance. The Haifin Platform is a Blockchain Platform that Sharjah Islamic Bank will use to verify commercial financing deals in real time and to prevent duplicative transaction fraud by leveraging blockchain ledgering and artificial intelligence provided by e& Enterprise Fintech. Implementation scope centers on commercial finance and trade finance workflows, where the Haifin Platform will be applied to transaction verification, shared audit trails, and consortium-based fraud detection. Functional capabilities referenced include real time deal verification, duplicate transaction screening, and collaborative digital trade platform features that increase transparency across participant banks. Architecturally the deployment emphasizes a consortium blockchain model and shared data protocols, integrating blockchain ledger records with the bank s lending and risk management processes. Operational coverage explicitly targets Sharjah Islamic Bank s commercial lending and trade finance functions, with cross-institution verification and information sharing governed through the haifin platform alliance. Governance and process transformation are driven by alliance membership and standardized collaboration practices, enabling Sharjah Islamic Bank to align internal risk controls with consortium rules and to adopt joint workflows for transaction validation. Company Haifin Platform Blockchain Platform business function alignment is stated by bank leadership, who noted the move supports enhanced risk management, strengthened trust in lending, and improved security, transparency, and efficiency in commercial financing operations. | |
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United Arab Bank | Banking and Financial Services | 1000 | $157M | United Arab Emirates | Haifin | Haifin Platform | Blockchain Platform | 2023 | n/a | In 2023, United Arab Bank implemented Haifin Platform as a Blockchain Platform to join the UAE Trade Connect consortium and participate in industry-wide trade finance monitoring. The deployment positions UAB within UTC's cloud-native network that inspects transactions in real time and targets fraud and duplication across trade-related documents. The Haifin Platform implementation emphasized trade finance detection and document validation capabilities consistent with a Blockchain Platform, including immutable transaction records, transaction provenance, and automated inspection workflows. Configuration work focused on ledger-based evidence capture for trade documents and instrument-level validation to enable receivable-backed financing scenarios. Operational coverage targets UAB business clients from local SMEs to larger corporates and is executed through consortium-level data exchange with other member banks. Integration occurred via the UAE Trade Connect network, leveraging UTC’s cloud-native inspection and validation services to surface suspicious activities and to prevent duplication in trade transactions. Governance and operational oversight are delivered through UTC’s steering committee, where United Arab Bank participates as an equal member to share knowledge and develop new use cases. The implementation aligns platform controls with regulatory change such as the UAE Invoice Factoring law, and supports stated platform outcomes of fraud detection, duplication prevention, and enabling increased SME lending through validated receivables. |
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