Terms

Public by default

Akad, maturity, expected profit rate and restrictions live in the token's own metadata.

KYC gate

Frozen until approved

Only the compliance authority can open an investor's account.

Settlement

Atomic settlement

Units and dollars move in one transaction, or not at all.

Distributions

Pro rata, onchain

Expected distributions are paid in stablecoins from the issuer treasury.

Status

Preview release

A demonstration series on Solana's test network. Not an offer of securities and not certified.

TSAMARA

Sovereign sukuk in $10 units. Subscribe in stablecoins, transfer between approved investors, and receive distributions onchain.

From $10Settled in stablecoinsPreview

A bridge into sovereign sukuk.

Dollar sukuk are sold to institutions in large minimums and trade over the counter. Tsamara splits a series into small units any approved investor can hold.

$10
Unit size
1 tx
Payment and delivery settle together

Rules the chain enforces.

Holder accounts start frozen, a transfer hook checks every recipient and their holding cap, and every subscription settles atomically.

Read the code