Zamanat Launches $100 Million Tokenized Private Credit Fund to Address GCC SME Financing Gap

Zamanat announced the sponsorship of Zamanat Fund CEIC Limited, a DIFC‑domiciled tokenized private credit fund with a target size of up to USD 100 million. The fund aims to channel capital to small‑ and medium‑sized enterprises (SMEs) across the Gulf Cooperation Council (GCC) that currently face limited access to traditional bank financing.

Addressing a $250 B SME Credit Gap

SMEs are a key driver of economic growth in the GCC, yet only about 11 % have access to credit. In the UAE, SMEs generate more than half of GDP but receive less than 10 % of total bank lending. The new fund will invest in private‑credit opportunities, directing capital toward strong, home‑grown companies whose financing needs are not met by conventional lenders.

Tokenized Structure on ZIGChain

The fund is structured as a DFSA‑regulated closed‑ended Exempt Credit Fund, managed by Truleum Venture Partners Limited and administered by Apex Group. Interests will be issued as ZM1 Investment Tokens on the ZIGChain blockchain within a regulated, whitelisted environment, allowing qualified professional investors to participate alongside institutional players.

Regulatory and Operational Framework

• Fund registration: DIFC, DFSA‑licensed Exempt Fund (License F008013).
• Management: Truleum Venture Partners Limited.
• Administration: Apex Group.
• Token issuance: ZM1 Investment Tokens on ZIGChain.
• Investor eligibility: DFSA Professional Client criteria.

Strategic Context

The initiative aligns with regional development plans such as Saudi Arabia’s Vision 2030 and the UAE’s Centennial 2071, which emphasize SME participation, private‑sector growth, and alternative financing. Zamanat, backed by Disrupt.com, positions the fund as a proof point for bringing GCC private credit into a regulated digital structure.

Future Outlook

Zamanat plans to expand its pipeline of Digital Shariah Assets across private credit, receivables, real estate, and other asset classes, leveraging its expertise in investment structuring, Shariah compliance, and digital distribution.