Zamanat Launches Tokenized Private Credit Fund to Tackle GCC's $250 Billion SME Financing Gap

Dubai-based Zamanat Fund CEIC Limited has launched a tokenized private credit fund to target the GCC's estimated $250 billion SME financing gap. The fund, which has a target size of up to $100 million, aims to invest in strong homegrown companies whose financing needs are not fully met through traditional lending channels.

According to Umair Tariq, Founder and CEO of Zamanat, 'Strong businesses across the GCC still struggle to access growth capital despite sound fundamentals. We created this fund to provide a credible route between those businesses and institutional capital.'

The fund is a DIFC-domiciled, DFSA-regulated closed-ended fund registered as an Exempt Fund and classified as a Credit Fund. It will be managed by Truleum Venture Partners Limited and administered by Apex Group.

Zamanat brings its regional private credit, investment structuring, and institutional partnership expertise to the fund's development. The ZM1 Investment Token structure provides a blockchain-native ownership and settlement layer within the fund's regulated framework.