Eiger Trading Advisors

What Eiger Trading Advisors does

Eiger Trading Advisors is a UK-based fintech company founded in 2008 that operates the Eiger Trading Platform (ETP), a proprietary, cloud-based trading system enabling real-time purchase, transfer, and sale of Shari'ah-compliant physical commodities for Islamic financial institutions executing commodity Murabaha and Tawarruq transactions. The platform supports trading of precious metals (platinum, palladium), non-ferrous base metals (aluminium, copper via LME), and soft commodities, and offers straight-through processing, electronic signing, REST API and SFTP integration with client core banking systems, customizable workflows, and multi-factor authentication. Eiger bridges physical commodity markets with Islamic financial institutions, serving Islamic banks, conventional banks with Islamic windows, and fintech lenders in SME lending, personal finance, real estate structured financing, and micro-financing; the company reports over 140 clients globally across the Middle East, South Eastern Asia, Africa, the UK, and Europe.

Revenue is generated through two principal streams: per-transaction facilitation fees on commodity Murabaha and Tawarruq transactions, and recurring access fees for the Eiger Trading Platform. The company operates a B2B sales-led go-to-market, with direct relationship managers supported by phone/email/Reuters Messenger trading desks and API-based integration channels; distribution is amplified by integration partnerships with Refinitiv (LSEG) and Instimatch Global. The firm is headquartered in Leatherhead, Surrey, with a registered office in London and a regional subsidiary, Eiger Global Ltd., opened in Riyadh in September 2024. Eiger holds memberships in AAOIFI (since 2018), IIFM (since 2018), the London Metal Exchange (Category 5 associate trade member since 2010), the London Platinum and Palladium Market (since 2014), and The British Coffee Association (since 2009), and operates an internal Shari'ah Board of three internationally credentialed scholars. The platform is ISO 27001:2022 certified (since June 2024) and has won the Global Islamic Finance Award for Best Shari'ah-Compliant Commodity Broker consecutively from 2018 through 2024.

Name

Eiger Trading Advisors

Legal name

Eiger Trading Advisors Limited

Website

https://eigertrading.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Eiger Trading Advisors is a UK-based fintech operating the Eiger Trading Platform, a proprietary cloud system that facilitates Shari'ah-compliant commodity Murabaha transactions for over 140 Islamic banks, conventional banks, and fintech lenders globally.

Ownership category

akta.pro rank

Product category

Islamic Finance Trading Platform

NAICS

Commodity Contracts Intermediation (52316)

SIC

Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Commodity Electronic Trading Platforms (Energy/Metals/Agriculture) (FSAFANAF)

akta.pro secondary industry

Multi-Asset Electronic Trading Platforms (FSAFANAH)

Keywords

• Shari'ah-compliant trading
• Commodity Murabaha facilitation
• Islamic finance technology
• Treasury trading platform
• Commodity brokerage services

Headquarters

HQ city

Leatherhead

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Commodity Murabaha Facilitation Services: Eiger acts as a financial intermediary facilitating the purchase and sale of Shari'ah-compliant commodities for Islamic financial institutions. The company earns fees from transaction facilitation services including Murabaha and Tawarruq transactions that support various banking products including PRS, microfinancing, corporate treasury, retail banking, interbank financing, mortgages, sukuk, and retail and corporate transactions.
2. Eiger Trading Platform Access: Revenue generated from providing access to the proprietary Eiger Trading Platform for Islamic financial institutions to conduct commodity-backed transactions.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Eiger Trading Advisors provides financial technology solutions that bridge physical commodity markets and Islamic Financial Institutions through its proprietary Eiger Trading Platform (ETP), a cloud-based system enabling real-time purchase, transfer and sale of Shari'ah-compliant physical commodities for Murabaha and Tawarruq transactions. The platform supports treasury, corporate, retail, and investment banking use cases through REST API integration with clients' core banking systems, electronic signing, and straight-through processing.

Product overview

Eiger Trading Advisors is a UK-based FinTech company offering the award-winning Eiger Trading Platform (ETP), a cloud-based commodity trading system designed exclusively for Shari'ah-compliant commodity Murabaha transactions. The core platform enables Islamic financial institutions to facilitate real-time purchase, transfer and sale of physical commodities 24 hours a day. The platform supports multiple product lines including liquidity management and treasury solutions, Islamic capital markets (Sukuk), structured products and derivatives, corporate and retail banking products, and real estate financing—all facilitated through Murabaha and Tawarruq transactions. The platform trades physical commodities including precious metals (Platinum, Palladium), non-ferrous base metals (LME-branded Aluminium, Copper), and soft commodities. The ETP offers customisable workflows, electronic signing, straight-through processing, and integrates with clients' core banking systems via REST API. The company also offers engagement via Eiger Traders (phone, email, Reuters Messenger) and a web application interface.

Differentiator

Problem solved

Functional benefit

Products and services

• Eiger Trading Platform (ETP) Cloud-based, multi-award winning trading platform providing real-time, 24-hour purchase, transfer, and sale of Shari'ah-compliant physical commodities for Islamic financial institutions' commodity Murabaha requirements. Features fully customisable workflows, electronic signing for paperless processing, straight-through processing, and integration with core banking systems via REST API. Used by over 140 banks and fintech companies globally for Murabaha and Tawarruq transactions across precious metals (Platinum, Palladium), non-ferrous base metals (Aluminium, Copper), and soft commodities.
• Commodity Murabaha Facilitation Services Eiger acts as a financial intermediary facilitating the purchase and sale of Shari'ah-compliant commodities for Islamic financial institutions. Service includes facilitation of Murabaha and Tawarruq transactions supporting banking products such as profit rate swaps, microfinancing, corporate treasury, retail banking, interbank financing, mortgages, sukuk, and retail and corporate transactions. Transactions are executed through the Eiger Trading Platform or directly via phone, email, and Reuters Messenger trading desks.

Quantifiable outcome

• Over 140 clients globally
• +1 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• RefinitivcoreTechnology or Integration · 30 June 2021Refinitiv, an LSEG business and one of the world's largest providers of financial markets data and infrastructure, integrated with Eiger to support the end-to-end process of Islamic money market transactions. This integration enables seamless processing of Shari'ah-compliant transactions through Refinitiv's trading infrastructure.
• Instimatch GlobalcoreTechnology or Integration · 5 May 2021Instimatch Global, an international digital network for institutional money market lending, partnered with Eiger to deliver a fully automated trade workflow for Shari'ah-compliant transactions. This partnership enables institutional money market participants to access Shari'ah-compliant trading capabilities.
• London Metal Exchange (LME)coreOthersEiger is an Associate Trade member (Category 5) of the LME since 2010. This membership allows Eiger to transact in LME branded metals stored in secure warehouses across the globe.
• AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions)coreOthersEiger has been a member of AAOIFI since December 2018. AAOIFI is the leading international Islamic finance standards body.
• International Islamic Financial Market (IIFM)coreOthersEiger has been a member of IIFM since December 2018. IIFM is a global platform for Islamic finance industry participants.
• London Platinum and Palladium Market (LPPM)coreOthersEiger became an affiliate of the London Platinum and Palladium Market (LPPM) in October 2014, enabling access to precious metals trading.
• The British Coffee AssociationminorOthersEiger has been a member of The British Coffee Association (BCA) since October 2009, providing access to soft commodities trading.
• Surrey Wildlife TrustminorOthersEiger maintains corporate membership with the Surrey Wildlife Trust as a Gold Business Supporter as part of its carbon neutral commitment and environmental offset strategy.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Murex: A leading cross-asset trading, risk, and post-trade platform used by global banks for commodities, FX, and fixed income — a broader incumbent competing for the same Islamic bank infrastructure budgets.
• FIS: Major financial technology vendor providing core banking, capital markets, and trading infrastructure to global banks, including those running Islamic finance operations that may use or replicate Eiger-like functionality.
• ION Group: Provider of mission-critical trading and workflow software for commodities, treasury, and capital markets; overlaps with Eiger in commodities and trade execution infrastructure for banks and trading firms.
• Kuwait Finance House (KFH): One of the world's largest Islamic banks, with significant Shari'ah-compliant treasury and sukuk operations that could either route through Eiger's platform or develop in-house commodity trading capability.
• Gulf International Bank (GIB): Bahrain-headquartered bank with deep treasury and Islamic finance operations; connected to Eiger through its Non-Executive Director Steve Moulder and is a peer in regional Islamic treasury services.
• Abu Dhabi Islamic Bank (ADIB): A major UAE Islamic bank that runs in-house commodity Murabaha and treasury operations; represents both a potential Eiger client and a competitor building proprietary Islamic finance infrastructure.
• Marex: Global commodity broker and financial products provider active in metals, agricultural, and energy markets; competes indirectly with Eiger in commodity facilitation and could expand into Shari'ah-compliant trading.

Direct peers

• Path Solutions: Vendor of iMAL, a leading Islamic core banking and finance software platform used by Islamic banks; competes for the same Islamic finance IT budgets and could extend into Shari'ah-compliant commodity workflows.
• Bursa Suq Al-Sila': Bursa Malaysia's Shari'ah-compliant commodity trading platform (BSAS) is the most direct competitor to Eiger, providing commodity Murabaha trade execution for Islamic financial institutions across Southeast Asia.

Others

• Refinitiv (LSEG): An Eiger integration partner and broader financial market data and infrastructure provider; its FX and money-market platforms overlap with Eiger's workflow ambitions but operate at vastly greater scale across asset classes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/eiger-trading
• Xx.com/eigertrading

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eiger Trading Advisors