Abstract
Multi-Agent Systems can play a critical role in Islamic banking development to create new or reform existing financial products in order to promote profit, reduce risk and to solve a number of legal issues related to Islamic Sharia law. This paper introduces a novel multi-agent platform for commodity trading in support of Islamic banking. The article focuses on the most popular (and debated) Islamic banking product, Tawarruq, and describes the design and implementation of a heterogeneous multi-agent platform assisting three types of participants: banks, retailers and individuals in need of cash. The benefits of our approach are demonstrated experimentally through simulations.