Osool & Bakheet Direct Financing Fund to Support SMEs in Saudi Arabia
In a strategic move to bolster the growth of small and medium-sized enterprises (SMEs) in Saudi Arabia, Osool & Bakheet Investment Company has announced the launch of the Osool & Bakheet Direct Financing Fund. This fund aims to provide innovative financing solutions that comply with Islamic Sharia principles and meet the needs of tech startups and emerging companies in the Saudi market.
The Osool & Bakheet Direct Financing Fund focuses on offering attractive returns to investors by providing short-term loans to SMEs. This includes working capital financing to support operational expansion, such as inventory financing, marketing, salaries, and other operational expenses. The fund aims to achieve an expected annual return of 12%, highlighting its potential to deliver positive financial outcomes for investors.
This initiative comes at a time when the demand for financing is increasing amid the continuous growth of SMEs in the Kingdom. The fund is dedicated to supporting tech startups and electronic retail companies, among other innovative businesses. By providing the necessary financial support to these companies, the fund contributes to fostering innovation and technological advancement in the Saudi market.
The subscription process for the fund has been designed to be flexible and straightforward. Individual and corporate investors can open an investment account through the company’s website and complete all procedures easily. The minimum subscription amount is SAR 200,000, allowing a wide range of investors to participate and benefit from the fund’s returns.
The Osool & Bakheet Direct Financing Fund aims to be a leader in offering innovative financing solutions that meet market needs and contribute to achieving Saudi Vision 2030. By providing the necessary financial support to startups and SMEs, the fund aims to create new job opportunities and promote sustainable economic growth in Saudi Arabia
For more information about the fund and how to subscribe, please visit fund page