Tarmeez Capital, Monsha’at partner to boost SME financing

By Vriti Gothi

Tarmeez Capital, a Saudi FinTech firm specialising in Shariah-compliant debt investment solutions, has launched $1.06 billion financing initiative in collaboration with the Small and Medium Enterprises General Authority (Monsha’at). The government-backed programme is designed to expand access to sustainable financing for entrepreneurs and SMEs across the Kingdom, aligning with the national Vision 2030 strategy to strengthen private sector growth and economic diversification.

The initiative introduces a robust, technology-driven financing portfolio that leverages Islamic Sukuk structures to deliver Shariah-compliant funding. By integrating advanced FinTech infrastructure with ethical financial principles, the platform aims to provide SMEs with a more transparent, efficient, and scalable route to capital.

Through this partnership, Tarmeez Capital and Monsha’at aim to bridge the financing gap for emerging enterprises, supporting innovation, employment generation, and long-term value creation within Saudi Arabia’s dynamic SME ecosystem. The initiative reflects a shared commitment to nurturing financial inclusion and driving digital transformation in the Kingdom’s business landscape.

As a homegrown FinTech, Tarmeez Capital has rapidly established itself as a trusted enabler of Islamic financing solutions. Since its inception, the company has facilitated over $1.6 billion in financing schemes, reinforcing its mission to democratise access to alternative funding channels for businesses of all sizes.

The new SAR 4 billion programme underscores Tarmeez Capital’s vision to integrate technology, finance, and Shariah principles in fostering a more resilient and future-ready SME sector, one that stands at the heart of Saudi Arabia’s economic transformation journey.