Takes your statements as they are
Excel workbooks, PDFs, or whatever format your finance function uses — no re-entry, no reformatting.
Ithbat
Illustrative product concept
How it works
Takes your statements as they are
Excel workbooks, PDFs, or whatever format your finance function uses — no re-entry, no reformatting.
Reads and maps with AI
Ithbat extracts the data from your statements and maps every line item to its correct element in the CMA taxonomy.
Validates before you submit
A built-in validator checks the file against iFile's acceptance requirements before it reaches your hands — no surprises at submission.
Your team has the final word
Your finance team reviews and approves the generated file. Human review is a built-in step of the process, not an exception to it.
iFile: accepted — first attempt
Where it fits
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
Reads and maps with AI
Ithbat extracts the data from your statements and maps every line item to its correct element in the CMA taxonomy.
Validates before you submit
A built-in validator checks the file against iFile's acceptance requirements before it reaches your hands — no surprises at submission.
Your team has the final word
Your finance team reviews and approves the generated file. Human review is a built-in step of the process, not an exception to it.
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.
Built by MENA
Ithbat was designed and built by MENA Region Solutions using the same approach we'd bring to your systems.