The spelling of the word "MAFI" can be explained using International Phonetic Alphabet (IPA) phonetic transcription. The word is pronounced as "mæfi", with the stress on the first syllable. The vowel sound 'a' is pronounced as in the word "cat", while the consonants 'f' and 'm' are pronounced as usual. The 'i' at the end represents the short 'i' sound, which is similar to the 'i' in "bit". Overall, the spelling of the word "MAFI" accurately represents its pronunciation in IPA phonetic transcription.