Structure
Open-Ended
Shariah Compliant
Target Returns
11–14%
Target Fund Size
SAR375M
(1st Year)
Liquidity
Quarterly
(No Lock-up)
Thesis: Saudi Arabia's SME financing market represents MENA’s largest underserved opportunities
Government Support
Vision 2030 prioritizing SME development with 17% annual growth targets
Alternative Lending Growth
Crowdfunding platforms showing SAR 5B+ cumulative lending demand
Lending Gap
Traditional banks underserving SME segment due to risk perception
Digital Transformation
Technology-enabled businesses driving new financing models
Perspectives
Misaligned short-term financing structures
Tech business model evaluation gap
Prohibitively high interest rates or equity dilution
Mismatched collateral requirements
Systemic credit access barriers with high rejections
Inefficient diligence requirements
Constraints
Disproportionate risk perception without sector expertise
Inability to value tech companies and intangible assets
Underdeveloped SME credit scoring infrastructure
Limited access to high quality dealflow
Unreliable SME financial reporting standards
Unfavourable capital structure requirements