Saudi Arabian fintech firm Tarmeez Capital has announced a landmark partnership with the Kingdom’s Small and Medium Enterprises General Authority (Monsha’at) to launch a SAR 4 billion ($1.07 billion) financing portfolio. The initiative, revealed during the Biban 2025 conference in Riyadh, is set to significantly expand funding opportunities for entrepreneurs and SMEs across the nation.
A Strategic Partnership for SME Growth
This collaboration aims to bolster the Saudi SME ecosystem by providing innovative, Shariah-compliant financing solutions. By leveraging Tarmeez Capital’s fintech platform and Monsha’at’s governmental support, the program seeks to enhance financing efficiency and promote sustainable economic growth, directly aligning with the objectives of Saudi Vision 2030 to build a diversified and productive economy.
Shariah-Compliant Financing Through Sukuk
The core of the SAR 4 billion portfolio is built on innovative financing solutions based on Islamic Sukuk instruments. This approach provides SMEs with access to capital that adheres to Shariah principles, a crucial component for the region’s financial landscape. Tarmeez Capital, which has already facilitated over SAR 2 billion in financing schemes as of July 2025, will utilize its expertise in debt investment to manage the portfolio.
Driving a Diversified Economy
The initiative underscores a shared commitment to fostering a vibrant environment for entrepreneurship and innovation within the Kingdom.
Mr. Mansour Al-Saadoun of Tarmeez Capital stated, “The launch of this portfolio in partnership with Monsha’at reflects our vision to develop sustainable financing instruments that contribute to supporting economic growth and empowering entrepreneurs and enterprises. At Tarmeez Capital, we strive to innovate financing solutions that align with Saudi Vision 2030’s objectives of building a diversified economy driven by productivity and innovation.”
He added, “This partnership represents a strategic step toward developing the future of finance and innovation in the Kingdom, through effective collaboration with partnerships that support entrepreneurs and enterprises, thereby strengthening growth continuity and reinforcing the Kingdom’s position as a leading financial hub in the region.”
About Tarmeez Capital
Tarmeez Capital is a fintech company offering Sharia-compliant Sukuk financing solutions for businesses of all sizes. The company provides investors with high-quality, high-return opportunities through its specialized debt investment platform.
Source: Zawya
