Specifically, fintech company IMAN Holdings has announced plans to raise 100 million dollars to expand its financial services into the Gulf Cooperation Council region. This capital will accelerate the development of its mobile-first platform.

The Central Asia-based firm, founded in 2020, operates a platform that integrates savings, investments, payments, and financial guidance. Currently, the platform serves more than one million registered users and manages over 100 million dollars in assets.

Growth Strategy of IMAN Holdings

Consequently, the company aims to increase its managed assets to more than 250 million dollars by the end of 2026. To achieve this, artificial intelligence will drive the platform’s conversational interface instead of traditional static dashboards. This technology allows the system to adapt to user behavior in real time.

Shariah Compliance and Technology

The platform incorporates real-time Shariah validation to ensure transparency for its users. Meanwhile, the company is building a regulatory technology layer to help other financial institutions deploy compliant products. This infrastructure supports the development of a broader digital finance network.

“The problem with banking is not access. It’s the way it was built. It was never designed to understand people,”

Rustam Rahmatov, Founder and Group CEO of IMAN Holdings

Market Opportunities in the GCC

Notably, the global Islamic finance sector currently exceeds 4 trillion dollars in assets. Therefore, the company is targeting the GCC region due to its strong digital adoption and established financial sector. This region combines a mature market with momentum in fintech innovation.

Furthermore, there are 1.9 billion Muslims globally who represent a significant market for values-aligned financial services. As a result, mobile-first platforms are seeing increased demand across these target demographics, particularly among younger users.

Future Outlook for Digital Finance

In addition, IMAN Holdings has already raised 10 million dollars from global investors to support its initial development. Ultimately, the planned expansion will establish a broader infrastructure for digital Islamic finance across the Middle East.

“The future bank doesn’t react. It anticipates. And it does so with consent, transparency, and care,”

Shakhzod Shukurov, Co-Founder and Chief Risk and Data Officer