About Us | Working Capital | Fintech Companies in Malaysia

RELEASE YOUR BUSINESS POTENTIAL

WHO WE ARE

EXCHANGING THROUGH CHAINS

TFX Islamic is a subsidiary of TFX Global; a specialist originator of Supply Chain Trade Finance. TFX Global provides service & technology-driven based business and financing process that link various parties in a transaction – buyer, seller and financing institutions while ensuring the risk is mitigated along the supply chain.

In recent years, the supply trade financing landscape has evolved greatly. Corporations are seeking different avenues to improve the supply chain significantly. As such TFX Islamic was created with the aim to bring together the elements of security, flexibility and simplicity.

It is a supply chain financing like no other, TFX Islamic not only links partners but it also creates a vendor management system, connecting buyers, sellers and financial institutions on our online digital platform. Most importantly – this is done with security and simplicity in mind, making it easy to use while the risk is mitigated along with the supply chain system.

OUR VISION

To be the global backbone of working capital support for The Nation’s economy.

OUR MISSION

To be an analytical trusted financial technology provider with a solution.

OUR CORE VALUES

TRUST

We value every relationship that we connect with.

TRANSPARENCY

We practice clear communication, data clarity and organisation truths.

CORPORATE GOVERNANCE

We are guided by sound ethics in everything we do.

COLLABORATIVE

We share our values and knowledge to grow the community.

OUR CEO

NORITA JAAFAR

Norita is very experienced in Audit & Finance with a demonstrated history of working in accounting firms and financial institutions. She previously served as the CEO at Innovation Associates Solutions, the digital arm of the IA Group, and prior to that, she was the COO at (MaGIC) Malaysian Global Innovation & Creativity Centre, the government agency that spurred Startups ecosystem in the country. Norita is also experienced in the fintech industry and is strongly skilled in data analytics, conversion optimisation, and growth marketing. Norita, for the last 18 years, also serve as the Director and Head of Audit Committee Member of Hup Seng Industries Bhd.

OUR BOARD OF DIRECTORS

HJ HALIM DIN

Halim is a Chartered Accountant who spent more than thirty (30) years working for multinational corporations and international consulting firm. He has experience in the oil and gas industry where he was the Regional Financial Advisor for Caltex Petroleum Corporation Dallas in Texas before he was appointed as a Board member of Caltex Malaysia.

He also has extensive experience in corporate recovery when he worked for Ernst & Whinney, in London. He went on to become the Managing Partner of the Consulting Division of Ernst & Young in Malaysia and was later appointed to be the Country Advisor of Cap Gemini Ernst & Young Consulting when Cap Gemini of France merged with Ernst & Young Consulting.

Halim and two other partners subsequently took over the consulting business of Cap Gemini Ernst & Young Malaysia and rebranded it as Innovation Associates, or better known as The IA Group. He is currently the Chairman of the Group and has successfully exited majority of its main subsidiary, IA Consultant, to a Malaysian public listed company.

Halim has served as Board members in several companies including Takaful Ikhlas, Employees Provident Fund (KWSP) and others. He currently sits as a Board member of BNP Paribas Malaysia Berhad, IGB REIT Management Sdn. Bhd. and Kwasa Land Sdn. Bhd. He is also a director of several private limited companies.

DATO' SRI YEOH SOO ANN

Dato’ Sri Yeoh started his career with Hew & Company while pursuing what is now known as Malaysian Institute of Certified Public Accountants. He then moved to Ernst and Young in London before returning to Malaysia and joining PwC.

He went on to join the commercial sector in a property company listed on Main Board of the Kuala Lumpur Stock Exchange. Dato’ Sri Yeoh subsequently joined Encorp Group as Head of Finance and later promoted to become the Group Chief Executive Officer. He was also a director and a substantial shareholder in the Group. Under his stewardship, the Group saw its net profit surged three-fold, from lost making with high gearing into a profitable Group.

Dato’ Sri Yeoh also served as an Executive Director with Great Wall Plastics Berhad (GWP). He went on to turn the company into the largest laminated film manufacturer in the Asia Pacific and was subsequently listed on the Main Board of the Kuala Lumpur Stock Exchange.

Dato’ Sri Yeoh now serves as a director and shareholder of a few privately-owned companies, dealing with technology, real estate and investment in the financial market.

BHUSHAN RAO

Bhushan has decades of experience in the commodity industry at senior management level, covering commodity trading, trade finance, barters and offsets. He started his career in India and he went on to hold several senior positions in many multinational companies in the country including Nelco, which is part of the Tata Group. He also handled counter trade division in Myanmar, specialising in structured trade finance transactions to optimise interest and currency arbitrage. He also headed the Business Unit Counter trade in CIS/ Russia.

Bhushan is also the founder and currently the vice chairman for Aries Fertilizers Group Pte Ltd, the largest fertilizer (phosphate) companies and largest exporter out of China.

Bhushan also sits as a member of Board of Directors for several companies. Currently based in Singapore, he has initiated and managed several companies there and qualifying them for the Global Trading Programme, under Enterprise Singapore. He is also involved in promoting Tech Start-Ups and is currently involved in a few tech companies, (Education, Financial Literacy, Business Intelligence and Analytics).

OUR PARTNERS

An established supply chain finance specialist, securely backed by asset management and technical operators. Operating since 2013 with 300+ clients in 40+ countries, the company offers user-facing tech platform incorporating well - structured workflow and currency flow, underwriting and risk management process, compliance, legal and downside recovery.

A state of the art commodities and industry verticals trade finance specialist that is equipped with the latest technology developers, banking and credit insurance specialists.

Previously known as Thomson & Reuters, Refinitiv acts as digital onboarding partner, data and network support and offers secondary trade finance platform services.

OUR SHARIA ADVISOR

TFX Islamic is the propriety owner of the TFX Global Sharia compliant platform. The platform adheres to all Sharia principles in its workflow and processes, allowing for Supply Chain Finance, both in the region and internationally. The Sharia compliant component is designed and established by Masyref.

Masryef is a global Islamic Management House, specialises in Islamic Banking, Finance and Asset Management. Masryef upholds highly its international supervisory board in ensuring optimum compliance and certification of TFX Islamic’s products and services. Masryef is a registered Sharia advisor under Securities Commission of Malaysia