Zamanat Targets GCC’s $250 Billion SME Financing Gap With Up to $100 Million Tokenized Credit
Zamanat Fund CEIC Limited is the company’s first live proof point for regulated fund tokenization on ZIGChain focused on GCC private credit.
Dubai, September 10th, 2026 - Zamanat, a major player in the GCC financial sector, has launched a new initiative to address the region's $250 billion SME financing gap. The organization has established the Zamanat Fund CEIC Limited, a tokenized private credit fund with a target size of up to USD 100 million. This fund aims to provide access to credit for the 11 percent of SMEs in the GCC that currently lack financing, a significant portion of the region's economic backbone.
By investing in private credit across the GCC region, the Fund seeks to facilitate growth and access to alternative financing for these businesses, aligning with national development strategies such as Saudi Arabia's Vision 2030 and the UAE Centennial 2071. Zamanat's CEO, Umair Tariq, emphasized the need for a credible route between SMEs and institutional capital, highlighting the potential of tokenized credit to bring digital infrastructure to traditionally hard-to-access private-market assets.
Written by urgent.news from HackerNoon's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.