MUSCAT: Yahya bin Saleh Al Siyabi, Marketing Director at INMA Fund, revealed that RO 25 million has been earmarked for SME financing this year. The funds will be distributed across INMA’s branches in Muscat, Sohar, and Salalah. He emphasized that the Fund will maintain its existing qualification procedures, with extended loan repayment terms of up to 8 years, compared to the previous 5-year limit.
The Fund will offer financing for assets, projects, bill discounting, and working capital, with loan amounts ranging between RO 50,000 and RO 500,000. For larger enterprises, financing may reach RO 1 million, all under INMA’s Islamic financing program.
In alignment with national economic priorities, INMA will prioritize financing for tourism, services, infrastructure, transportation, oil and gas, industry, and trade sectors. Additionally, the Fund will continue its field visit program to support and guide SME owners, while also providing accounting oversight services to monitor financial flows and ensure business stability.
