Founded in 2024 by Abdulaziz AlRammah, Muhlah Zamaniyah for Finance (branded as Muhlah) delivers Shariah-compliant micro-financing to consumers through a technology-driven platform. Spun out of BIM Ventures’ venture studio, the company emphasizes strong governance, credit discipline, and regulatory compliance to provide transparent, scalable lending solutions. Its product suite focuses on safe, consumer-focused financing that meets Islamic finance principles. With fresh seed capital, Muhlah intends to expand its lending capacity using Shariah-compliant structures, explore off-balance-sheet financing, and forge additional institutional partnerships. Management also signals plans to tap international funding sources and deepen alliances, particularly with Japanese investors, to accelerate growth. The firm positions itself as a bridge between Saudi market expertise and global capital access, aiming to strengthen the Kingdom’s consumer finance ecosystem.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026