Saudi Arabia’s fintech momentum continues to build, especially in the Sharia-compliant sukuk market, as innovation meets national priorities. Now, a strategic investment by Tali Ventures in Tarmeez Capital marks a significant milestone in this transformation.
Tali Ventures Invests in Tarmeez Capital to Fuel Innovation
Tali Ventures, the investment arm of STC Group, has backed Tarmeez Capital, a fintech platform focused on sukuk and debt issuance. While the investment amount remains undisclosed, the move signals a serious commitment to financial infrastructure innovation.
Importantly, Tarmeez Capital already facilitated over SAR 2 billion ($533 million) in compliant financing. This makes it a vital player in a sector poised for massive expansion. As Saudi fintech momentum grows, so do expectations for smarter, faster financial tools.
Aligning With Vision 2030 and Financial Transformation
The Capital Market Authority of Saudi Arabia projects the sukuk and debt market to grow to SAR 954 billion by 2030. This vision aligns with national goals to diversify the economy and strengthen capital markets, especially through fintech.
By investing in Tarmeez, Tali Ventures supports high-growth companies that contribute directly to this transformation. Notably, the firm previously backed digital ventures like NorthLadder and continues to shift focus toward financial infrastructure platforms.
Tarmeez Aims to Simplify Sukuk Issuance with Technology
Founded to modernize sukuk issuance, Tarmeez Capital leverages technology to reduce complexity for issuers and investors alike. Its tools ensure compliance with Islamic finance principles while enhancing access and operational efficiency.
CEO Nasser Alsaadoun described the funding as a launchpad to scale faster. He believes the rising demand for structured digital finance tools presents a powerful growth opportunity. Clearly, Saudi Arabia’s fintech momentum supports this evolving demand.
Fintech in Islamic Finance Is Gaining Traction
Across the region, Islamic fintech adoption is rising, driven by transparency, accessibility, and compliance. While traditional sukuk issuance involved manual processes, Tarmeez now offers streamlined alternatives for both institutional and retail participation.
Therefore, the investment in Tarmeez reflects a broader shift. Fintech is no longer about consumer wallets alone — it’s about reengineering entire capital markets with smart, compliant systems.
From Broad Fintech to Focused Infrastructure
Although fintech in the Gulf started with consumer banking, lending, and wallets, investors are now shifting to focused platforms like Tarmeez. These businesses can scale faster with lower acquisition costs and deeper institutional relevance.
For Tali Ventures, this shift makes sense. Its expanding portfolio shows a clear pattern: support ventures aligned with economic strategy, domain expertise, and scalability. Tarmeez checks all three boxes confidently.
Fintech Momentum Becomes Policy Tool
Fintech in Saudi Arabia now serves as more than innovation — it acts as a tool for executing national policy, especially in finance. Strategic capital is moving toward platforms that build the backbone of modern financial systems.
Thus, the Tarmeez investment holds long-term significance. It supports a platform that can reduce friction, boost compliance, and attract new capital to sukuk markets.
As Saudi fintech momentum accelerates, targeted investments like these offer both growth potential and policy alignment. Investors, startups, and regulators now work toward a shared vision of a dynamic, tech-led economy.
Sukuk Market Transformation Is Underway
With SAR 954 billion in sight by 2030, the sukuk market needs platforms like Tarmeez to enable scale, trust, and efficiency. The time for digital transformation is now — and Tarmeez is in the right place, with the right support, at the right time.