Development Finance

Ethical Development Finance Facility

Channelling Gulf and regional capital into Somali SMEs and priority projects.

The initiative

Somalia’s development needs capital that respects its values and reaches its enterprises. Isnaad is establishing a ethical, interest-free facility to channel Gulf and regional capital, from institutions, funds and the diaspora, into Somali SMEs and priority projects.

Approach

Ethical, interest-free structures (asset-based and profit-sharing arrangements)
Blended capital that absorbs first-loss risk and crowds in commercial funds
Disbursement and monitoring through accountable digital rails

Status

Launching, under Isnaad’s Development Finance licence (Ministry of Commerce & Industry, Somalia). Terms and partners are announced as facilities close.