Sharia-compliant money transfers for SMEs in MENA
Initiate your banking money transfer process in approximately 15 minutes without an Emirates ID. Access secure, Shariah-compliant transfers with transparent pricing for SMEs
Trusted by over 200 businesses
More than 200 small and medium enterprises in the MENA region, ranging from IT startups to import/export companies, rely on Shokran’s money transfer service for secure and efficient international transactions
IT and Software
Effortlessly manage payments for software licenses and subscriptions with multi-currency accounts and fast global transfers
Marketing and Consulting
Process client payments quickly and securely, ensuring smooth cash flow for your projects with efficient banking tools
Importers and Exporters
Simplify international trade with accounts supporting USD, EUR, AED, GBP, CNY, and more, designed for seamless cross-border transactions
Medtech and Healthcare
Access secure, Shariah-compliant accounts to support innovative ventures, with transparent pricing for predictable finances
E-commerce and Retail
Efficiently handle sales and payments with our multi-currency online business banking account, tailored for online businesses
Core features for SME money transfers in MENA
More than 100 small and medium enterprises in the MENA region, ranging from IT startups to import/export companies, rely on Shokran’s money transfer service for secure and efficient international transactions
Send money to over 120 countries through SWIFT, SEPA, and IBAN systems for reliable international payments
Transfer money in USD, EUR, AED, GBP, CNY, and other currencies within a single account for efficient operations
Access help in under 5 minutes, available any time, to address your money transfer for business requirements
Certified by an independent Sharia Supervisory Board, our service avoids interest and upholds ethical financial practices
Benefit from fixed fees and competitive exchange rates, with no hidden charges for full transparency
Advanced encryption and fraud monitoring protect every transaction, maintaining safety and reliability
How to send money with Shokran
Shokran facilitates online money transfers for SMEs through a clear and secure process, addressing administrative complexities
Quick online registration
Register through our secure platform in approximately 15 minutes. No minimum deposit or Emirates ID is required, ideal for startups
Simple verification without Emirates ID
Upload your KYC and KYB documents via our embedded SumSub widget - secure and UX-friendly.
Add recipient details securely
Input recipient information, protected by end-to-end encryption. Verify details to avoid errors — our 24/7 support resolves issues promptly
Track your transfer in real time
Monitor your online money transfer in real time via our platform, maintaining transparency and reliability for your SME
Why choose Shokran
Shokran stands out as a trusted money transfer company for MENA SMEs, offering a Shariah-compliant alternative to traditional banks and fintechs
End-to-end encryption
Transactions are safeguarded with advanced encryption for maximum security
Fraud monitoring systems
Robust systems detect and prevent fraudulent activity, maintaining safe money transfers
24/7 customer support
Access help in under 5 minutes, any time, to address issues with your transfers
Security of money transfers
Our platform ensures secure, reliable transfers for SMEs, aligned with Islamic finance principles of fairness and transparency
Comparison with other providers
We focus on fairness, accessibility, and supporting your success when you open a small business account
Choose Shokran to open a business banking account online that aligns with your values and supports your growth
FAQs
Can I open an account without an Emirates ID?
Yes, Shokran simplifies onboarding with standard KYC and AML documents sent to support@shokran.io. No Emirates ID is needed to open a business account.
How fast are transfers (SWIFT/SEPA)?
SWIFT and SEPA transfers typically process within 1-3 business days, depending on the destination, with real-time tracking available.
Is Shokran Sharia-compliant?
Yes, certified by an independent Sharia Supervisory Board, maintaining no interest and ethical practices for all money transfer services.
Do you support digital assets?
Yes, we enable secure handling of compliant digital assets. Contact our team for details.
What currencies are supported?
We support USD, EUR, AED, GBP, CNY, and more. Visit shokran.io/countries for a full list and restrictions.
