Zamanat sponsors DIFC tokenized private credit fund targeting GCC's $250 billion SME financing gap

The fund, Zamanat Fund CEIC Limited, is a DFSA-regulated closed-ended Exempt Credit Fund managed by Truleum Venture Partners, administered by Apex Group, with interests issued as ZM1 Investment Tokens on ZIGChain. It targets up to USD 100 million and addresses a World Bank-estimated $250 billion GCC SME financing gap, where only 11 percent of SMEs have credit access; UAE SMEs receive under 10 percent of bank lending. Zamanat, backed by Disrupt.com, frames the fund as its first proof point for regulated digital private credit, open only to DFSA Professional Clients. The fund is not Shariah-compliant itself, though Zamanat pursues a broader Digital Shariah Assets strategy.

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