Mawarid Finance and Maghanim are launching a Shariah-compliant B2B virtual card and expense management platform to help UAE companies automate corporate travel spending.

The integrated platform allows businesses to book travel, issue instant virtual cards, and automate their expense reporting through a single digital ecosystem.

The companies designed the solution to replace manual reconciliation processes, reduce fraud risks, and improve financial oversight for corporate clients.

This rollout introduces a digital-first payment infrastructure tailored specifically for B2B transactions.

The system gives companies greater control over their travel budgets by unifying booking and payment data.

“Through this partnership, Maghanim is delivering secure, Shariah-compliant payment capabilities tailored to UAE businesses while establishing a scalable platform for the wider GCC market,”

said Abdalla Alabdooli, Managing Director of Maghanim.

Rashid Al Qubaisi, Chief Executive Officer of Mawarid Finance, said the launch aligns with the company’s focus on building scalable solutions across payments, lending, and embedded finance.

“As business travel and corporate mobility continue to expand across the GCC, we see opportunities to simplify expense management while improving security, transparency, and operational efficiency for our corporate clients,”

Al Qubaisi added.

The launch targets the growing demand for integrated digital financial solutions in the regional corporate travel sector.

Featured image credit: Edited by Fintech News UAE, based on image by Mawarid Finance