Muscat: Salah bin Hilal Al Maawali, CEO of the Inma Fund, said the fund was established to strengthen the role of small and medium enterprises in supporting economic diversification through an integrated system of financial support, professional training, regulatory solutions, and strategic partnerships aimed at ensuring sustainability and growth for SMEs.

Al Maawali revealed that the value of financing applications received by the fund’s main branch during the first four months of 2026 stood at nearly RO 10 million, with the requests currently under evaluation to ensure compliance with funding conditions.

He added that the Sohar branch received eight financing requests worth around RO 8 million, while the Salalah branch financed eight projects with a combined value of RO 500,000.

Highlighting the fund’s latest initiatives, Al Maawali said Inma launched a new car financing product for individuals in the final quarter of 2025 as part of its expansion strategy. The product is designed to offer flexible financing solutions for both individuals and commercial establishments, alongside Islamic financing options tailored to different beneficiary preferences.

The fund also offers a range of financing solutions including asset financing, project financing, invoice discounting, and working capital financing. Repayment periods for some products extend up to eight years.

According to Al Maawali, project financing begins from RO 50,000 and can exceed RO 3 million for selected projects, depending on the financial strength and viability of beneficiaries.