Zamanat sponsors $100 million GCC private credit tokenization fund

  • Zamanat sponsored Zamanat Fund CEIC Limited, a DIFC-domiciled GCC private-credit fund.
  • The fund targets up to USD 100 million and issues ZM1 Investment Tokens on ZIGChain.
  • Truleum Venture Partners Limited manages the DFSA-regulated closed-ended Exempt Fund.

Zamanat has announced its sponsorship of Zamanat Fund CEIC Limited, a DIFC-domiciled private credit fund targeting up to USD 100 million for investments in GCC companies underserved by conventional lenders. The closed-ended vehicle is registered as a DFSA-regulated Exempt Fund and classified as a Credit Fund, with Truleum Venture Partners Limited serving as fund manager and Apex Group as administrator. Fund interests will be issued as ZM1 Investment Tokens on ZIGChain in a regulated, whitelisted environment for qualifying Professional Clients. Zamanat said the vehicle is its first live example of regulated fund tokenization for GCC private credit, a digital ownership and settlement structure that does not alter the underlying credit or investment profile. The strategy targets an estimated USD 250 billion GCC SME financing gap, where 11% of SMEs have access to credit. The fund is not an Islamic Fund and is not marketed as Shariah-compliant.

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