Mamun
Mamun is a Shariah-compliant digital trade finance platform connecting GCC-based investors with short-term, asset-backed trade deals. Businesses in Oman, UAE, Bahrain, and Qatar can apply with invoices and purchase orders to receive supplier payments within days, while investors earn returns tied to real trade settlement cycles. The platform supports both fiat and stablecoin transactions and is licensed by Oman's Financial Services Authority.
- Financial Technology
- Software Only
Funding
Raised to date
$3MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
JV$3M · Seed
Announced Nov 2026 · from article date
Disclosed cumulative: $3M
Founders
Founder details are not available yet.
Product
Problem
Small and medium-sized businesses in the GCC often face slow access to working capital, with traditional financing options requiring lengthy approval processes and collateral. This delays payments to suppliers and hampers operational continuity, while investors lack transparent, Shariah-compliant avenues to deploy capital into real trade cycles.
Solution
Mamun operates a digital trade finance platform that matches investors with short-term, asset-backed trade deals. Businesses submit invoices, purchase orders, and shipping documents for fast assessment and approval, after which suppliers are paid within days. Investors can browse curated deals and receive returns tied to actual trade settlement cycles, with both fiat and stablecoin supported. The platform operates under a formal Shariah governance framework, independently certified by Ihkam Advisors, and is licensed by Oman's Financial Services Authority.
Target Audience
Primary users are accredited and retail investors in the GCC seeking Shariah-compliant, short-term fixed-income-like returns, as well as small and medium trading businesses in Oman, UAE, Bahrain, and Qatar needing fast working capital.
Features
- Deal-by-deal investment model with transparent exposure to individual trade finance transactions
- Business application process based on trade documentation including invoices, purchase orders, and shipping documents
- Eligibility criteria focused on GCC-based businesses (Oman, UAE, Bahrain, Qatar) with documented operating history and identified receivables
- Dual fiat and stablecoin payment support for investor contributions and payouts
- Shariah compliance architecture independently certified by Ihkam Advisors, covering regulatory, Shariah, and investor protection standards
- Licensed by the Financial Services Authority (FSA) in Oman