Tarmeez Capital launches a SAR 4 billion fintech portfolio with Monsha’at to expand SME financing and strengthen Saudi Arabia’s Vision 2030 goals.
Saudi Arabia’s Tarmeez Capital has announced the launch of a SAR 4 billion fintech initiative in collaboration with the Small and Medium Enterprises General Authority (Monsha’at), aiming to expand financing opportunities for small and medium-sized enterprises across the Kingdom.
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The announcement was made during Biban 2025 in Riyadh, signaling another major boost for the country’s SME ecosystem.
The partnership introduces innovative Islamic Sukuk instruments designed to streamline SME financing, enhance access to capital, and promote sustainable growth, all in line with the objectives of Saudi Vision 2030.
Mansour Al-Saadoun of Tarmeez Capital said the initiative underscores the firm’s commitment to developing sustainable financing tools that drive meaningful economic impact. He described the collaboration with Monsha’at as “a strategic step toward shaping the future of finance and empowering local businesses.”
The initiative reflects Saudi Arabia’s growing public-private collaboration in driving entrepreneurship and economic diversification. By integrating fintech solutions with Islamic finance principles, Tarmeez Capital aims to provide faster, more transparent funding options for local enterprises.
Tarmeez Capital noted that this launch forms part of a broader effort to empower small businesses and improve access to investment capital. The company’s existing experience with Sukuk-based financing could serve as a strong model for fostering long-term resilience in Saudi Arabia’s business sector.
While the initiative’s success will depend on its implementation, it highlights the Kingdom’s continued push toward financial innovation and SME empowerment, key drivers of sustainable economic growth.
