Ithbat

The engine that takes your financial statements as they are — whatever their format — and turns them into an XBRL file mapped to the CMA taxonomy, verified before it ever reaches the iFile tool. So your filing is accepted on the first attempt.

XBRL disclosure isn't optional — it's a requirement the CMA imposes on the entities it supervises. And the distance between sound financial statements and an accepted file is longer than it looks: the taxonomy demands that every line item map to its exact element, and a single mismatch is enough to get the whole file rejected. Every rejection opens a new cycle of correcting and resubmitting under disclosure deadlines that wait for no one — so the cost of outside specialists renews every quarter, while your finance team burns hours re-keying numbers that already exist.

How it works

iFile: accepted — first attempt

Takes your statements as they are

Excel workbooks, PDFs, or whatever format your finance function uses — no re-entry, no reformatting.

Click any stage

Built for firms managing many clients

Accounting and audit firms get multi-tenant workspaces: each client entity in its own isolated, organized environment.

Granular roles and access

Multiple user levels with distinct privileges, so preparers, reviewers, and approvers each see and do exactly what they should.

Ithbat doesn't replace iFile — the CMA's filing tool, hosted on the iFSAH gateway — and it doesn't bypass it. Its role ends where iFile's begins: it hands you a fully prepared, taxonomy-compliant file — ready for iFile to ingest and accept, on the first attempt.

Ithbat is built specifically for Kuwait's CMA reporting regime — Arabic-native, aligned to the CMA taxonomy, and engineered around how filings actually succeed or fail.

The result: acceptance on the first attempt instead of rejection cycles, hours instead of weeks each reporting period, and a finance team free to analyze the numbers instead of re-keying them.

Ithbat was designed and built by MENA Region Solutions using the same approach we'd bring to your systems.

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Request a Demo — Ithbat

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