Profit Yielding Telecom Bonds
Profit-sharing instruments built on Islamic finance principles, backed by Tier-1 telecom operations. Deposit stablecoins, earn from telecom invoice financing transactions.
Profit-sharing instruments built on Islamic finance principles, backed by Tier-1 telecom operations. Deposit stablecoins, earn from telecom invoice financing transactions.
Invoice finance companies raise capital from investors, then deploy it against businesses' outstanding invoices. A telecom supplier with unpaid receivables gets cash upfront; the invoice finance company holds the receivable and collects from the buyer when it settles. The supplier pays fees and interest to the intermediary for access to its own earned revenue.
The invoice finance company borrows from investors at one rate and lends to businesses at a higher one, pocketing the spread. Businesses lose margin. Investors earn less than the underlying trade generates. The intermediary captures the difference simply by sitting between the two.
Invoice finance companies bundle their loan books into bonds and sell them to institutional investors. This securitization process converts a portfolio of receivables into tradeable instruments. Investors fund the intermediary, who in turn funds the businesses — adding another layer between capital and the underlying trade.
Between a telecom company's invoice and an investor's return, at least five parties take a cut: the originator, a servicer, an SPV, a rating agency, and an underwriter. Each adds legal complexity and charges fees. By the time investors see yield, intermediaries have divided the trade margin among participants who never touched the underlying business.
SukukFi replaces the invoice finance intermediary with a smart contract pool. Telecom companies access capital directly from DeFi depositors, cutting out the bank, the factoring company, and the SPV. The margin those intermediaries extracted now goes to investors.
SukukFi's settlement layer monitors telecom traffic in real-time. For every verified minute or SMS delivered, trUST, SukukFi's synthetic settlement dollar backed 1:1 by USDT, USDC and HONEY, advances directly to the supplier at their contracted rate. When the buyer's invoice falls due, they pay into a dedicated settlement account; the protocol converts it to stablecoins and returns principal plus the profit margin to the vault.
Suppliers receive trUST at their contracted rate for each minute or message delivered. Buyers pay a higher contracted rate when invoices settle. The difference flows back to the vault as profit. Depositors receive their share of that margin proportional to their stake in the pool. The yield is real trade profit, passed through at settlement.
Sharia prohibits fixed interest and requires capital and business to share in the outcome of each deal. SukukFi enforces this mechanically: trUST advances only when real usage is verified, and returns are profit shares on settled trade margins. If a buyer defaults, depositors share the loss. The protocol mechanism is the Sharia structure.
Deposit USDC.e, USDT0 or HONEY to earn profit share yield.
Claim bond tokens representing your share of the vault and earn more yield by providing liquidity.
SukukFi converts the buyer's USD payment to stablecoins and returns them to the vault.
SukukFi settles Tier-1 telco and hyperscaler usage with trUST, its onchain synthetic dollar.
Protocol mechanics, Sharia structure, and how to get started.
SukukFi is a credit marketplace. Telecom technology companies borrow working capital to fund supplier invoices. DeFi depositors supply that capital and earn a share of the profit when buyers settle. Every instrument is secured against the borrower's live invoice flow — not promises or token emissions.
A telecom technology company sells voice minutes, SMS, or data to a creditworthy buyer — a Tier-1 operator, hyperscaler, or government department — on 30–90 day payment terms. SukukFi advances stablecoins to pay the supplier upfront. When the buyer settles, the margin between advance and collection is distributed to depositors as profit share.
When you deposit stablecoins into a SukukFi pool, you receive a bond token representing your share of that pool (e.g. duPRT for the PrimeTel vault). The token earns profit distributions as deals settle. It is composable — trade it on Kodiak or use it as collateral in DeFi without exiting your position.
You need a Berachain-compatible wallet and stablecoins on Berachain to deposit.
We target 10–20% annualised profit share for underwriting supplier credit and extended buyer payment terms. Yield compounds when you leave capital deployed. You can boost returns by providing liquidity on Kodiak using your bond tokens — AMM fees accrue on top of the base profit share.
SukukFi advances stablecoins to fund supplier invoices, then collects payment when buyers settle. The margin is your yield. On settlement, SukukFi's banking infrastructure converts inbound fiat to stablecoins and sends principal plus profit share directly to depositors through the vault smart contract.
SukukFi pools run on Berachain and accept USDT0, USDC.e, and HONEY. If your stablecoins are on another chain, Stargate Finance can bridge them to Berachain before you deposit.
Submit a redemption request through the app. Both vaults use the ERC-7540 async standard, but their timelines differ. duPRT (the PrimeTel invoice vault) runs on 15net15 terms: invoice settlements arrive twice monthly, so most redemption requests are fulfilled within one settlement cycle, typically within 15 days of submission. trUST processes redemptions after operator KYB review, which is faster because the backing pool maintains a liquid float. You can also sell your bond tokens on Kodiak at any time, subject to market liquidity.
Depositors pay no management or withdrawal fees. A performance fee of up to 20% may apply to profit distributions; SukukFi can waive this for specific pools or periods. The fee in effect for each pool is shown at deposit. Settlement and telecom transaction fees apply to borrowing businesses, not depositors.
SukukFi structures vault arrangements on Islamic finance principles. Each deal follows either Mudarabah (the depositor provides capital, the business runs the venture, and profit splits at a pre-agreed ratio) or Murabaha (SukukFi buys an asset and resells it at a fixed markup agreed before the transaction). No interest accrual and no speculative derivative exposure. No independent Sharia supervisory board has certified any SukukFi vault; the platform applies these structures as a design principle, not a certified or regulated Sharia-compliant product. The protocol is open to all investors regardless of faith.
Any Berachain wallet can register a unique invite code. Share it with a capital provider. When they deposit using your link and keep capital deployed for 30 days, you start earning a monthly commission in trUST. No approval process, no intermediary.
5% of the protocol-wide fee pool each month, weighted by how much of the eligible deployed capital you introduced. If you introduced 10% of all qualifying capital, you receive 10% of the 5% pool, paid in trUST to your wallet. Commission stops automatically when a referred LP exits. No clawback.
30 days confirms real deployment without penalising introducers with a long wait. It rules out flash deposits. Capital in ERC-7540 async vaults is naturally sticky: 15-day invoice settlement cycles make early withdrawal uncommon. Commission accrues from month two onward for as long as the LP stays deployed.
Deposit USDC.e, USDT0, or HONEY into profit-sharing bond pools. Yield comes from business revenue, settled onchain.