A year of structuring work became a room in Dubai last night, with Dolly Ramaiya & Bhaskar Dasgupta (Truleum Venture Partners), Christiane El Habre (@ApexGlobalGroup), @ARafayGadit (@ZIGChain), @Jez_Laser (@LaserDigital_ ) and @jonathan_doerr with Aaqib Gadit (@Disrupt_com) joining @UmairTariq3735 on stage to mark it.
Islamic finance held close to $6 trillion in assets in 2024, growing 21 percent that year, and very little of it exists in digital form. Zamanat Fund CEIC Limited is the first proof that this gap can actually close.
Building the global market for Digital Shariah Assets.
Across the GCC, SMEs face a $250 billion financing gap, with only 11% having access to credit. In the UAE, they generate more than half of GDP yet receive less than 10% of total bank lending.
Today, Zamanat launches Zamanat Fund CEIC Limited, a DFSA-regulated, DIFC-domiciled Credit Fund. Managed by Truleum Venture Partners and administered by @ApexGlobalGroup, with fund interests issued as ZM1 Investment Tokens on @ZIGChain.
First live proof point in bringing GCC private credit into digital markets.
Zamanat is backed by @Disrupt_com.
Issued โ investable.
Structuring, regulation, custody, Shariah governance, distribution, all on one path. That's what @ZamanatDigital is building.
Read the full story:
๐ https://t.co/LP9Djkna80
Ecosystems don't build themselves. Abdullah Meer has spent ten years building them, across startups, deep tech, and venture building. Now he's doing it for Zamanat.
Welcome aboard, Abdullah.
Structure is where deals hold or fall apart. Fawad Akber has spent two decades on the side that holds, closing transactions across the GCC, MENA, US and Europe, including a $220 million raise that took a regional company to international public markets.
He now leads Structuring and Origination at Zamanat, building the deal pipeline and structures behind every product.
Welcome aboard, Fawad.