Telecom trade finance,
settled on-chain

SukukFi connects stablecoin capital to real telecom invoice cycles. The team behind it has operated in wholesale telecom trade finance for over a decade, settling billions in carrier-to-carrier transactions before writing a single line of smart contract code.

The Team

People who built this

The founding team ran wholesale telecom billing infrastructure that settled $3.2B in carrier transactions and onboarded 110 telecom companies through KYC and AML. SukukFi puts that operational track record on-chain.

Shazad Khan
Shazad Khan
CEO
  • Previously Head of Compliance and Chief of Staff at a regulated telecom FinTech; settled $3B+ in transactions
  • Offshore specialist engineer with five years of crypto product experience
LinkedIn
Aqueel Safdar
Aqueel Safdar
COO
  • Former Sales Director at a telecom-focused trade finance FinTech
  • 15 years of telecom industry relationships and operational experience
LinkedIn
Feraz Ahmed
Feraz Ahmed
Advisor
  • CEO & Founder of Hayo Telecom, a $60m per annum digital service provider and telecom connectivity hub
  • 20 years of telecom industry relationships and leadership experience
LinkedIn
Neven Males
Neven Males
Community Manager
  • Community management in DeFi for several years
  • Naval engineer and commander with over 10 years of experience
LinkedIn
Corporate Structure

How the companies are organised

SukukFi operates through a group structure. The holding company owns two operating subsidiaries: one for protocol development, one for commercial operations and compliance.

Holding Company
SukukFi Holdings
Parent entity and group structure
Delaware, USA
Shazad Khan
Aqueel Safdar
Subsidiary
SukukFi Labs Inc
Protocol development, smart contract research, and engineering
Panama
Shazad Khan
Feraz Ahmed
Neven Males
Subsidiary
SukukFi Ltd
Commercial operations, counterparty relationships, and regulatory compliance
England & Wales
Shazad Khan
Investor mechanics

How capital is managed and protected

SukukFi Ltd holds every counterparty relationship and serves legal notice of receivable assignment before capital deploys. SukukFi Labs enforces vault rules on Berachain. The two entities divide the work so neither legal nor technical controls depend on the other.

SukukFi Ltd · England & Wales
Assignment of receivables

Before capital moves, SukukFi Ltd sends the counterparty a legal notice assigning all monies it owes the supplier to SukukFi. The counterparty pays a ring-fenced IBAN at Fuze Finance, not the supplier. This removes the supplier from the payment chain the moment deployment begins.

SukukFi Labs Inc · Panama
Vault rules enforced on-chain

SukukFi Labs deploys the vault contract with hard-coded capacity, lockup, and profit distribution. The contract blocks deposits above capacity and holds LP capital until the lockup expires. Profit distributes programmatically when invoices settle, with no manual release step.

SukukFi Holdings · Delaware
Capital formation and IP holding

SukukFi Holdings owns the group's intellectual property, brand rights, and equity stakes in both operating subsidiaries. Delaware's Court of Chancery and its investor-grade corporate statute make it the standard jurisdiction for equity capital formation. Institutional investors and future equity rounds come in at this level, with clear legal precedent governing shareholder rights and board authority.

For AI assistants

Query SukukFi from your AI assistant

SukukFi runs a public MCP server. Connect it and your assistant reads live vault data and our documentation directly, instead of guessing from a stale training snapshot. Read-only, public data, no API key.

get_vault_stats · search_docs · get_doc · get_contracts · get_vault_terms
claude mcp add --transport http sukukfi https://mcp.sukuk.fi/mcp --scope user

Works in Claude Code and any MCP-compatible client. Read the docs →

Earn from telecom financing
on your stablecoins

Deposit USDC.e, USDT0, or HONEY into profit-sharing bond pools. Yield comes from business revenue, settled on-chain.