Zamanat Tackles GCC’s $250 Billion SME Financing Gap with Tokenized Private Credit Fund
Zamanat, a company building the global market for Digital Shariah Assets, has sponsored a tokenized private credit fund targeting the GCC's estimated $250 billion SME financing gap. The DIFC-domiciled Zamanat Fund CEIC Limited will invest in private credit across the region, directing capital towards strong homegrown companies whose financing needs are not fully met through traditional lending channels.
The fund has a target size of up to USD 100 million and interests will be issued as Investment Tokens on ZIGChain. The strategy supports national ambitions to expand SME participation, private-sector growth, and access to alternative financing, including priorities set out under Saudi Arabia's Vision 2030 and the UAE Centennial 2071.
According to Umair Tariq, Founder and CEO of Zamanat, 'Strong businesses across the GCC still struggle to access growth capital despite sound fundamentals. Zamanat sponsored the Fund to create a credible route between those businesses and institutional capital.'