Tech Company Financing Transactions
Mal Digital Funding Round
Mal Digital closed a $230 million Seed venture capital round on 10/5/2026. Investors included private investors.
Transaction Overview
Company Name
Announced On
10/5/2026
Transaction Type
Venture Equity
Amount
$230,000,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Al Maryah Island
Abu Dhabi, Undisclosed
United Arab Emirates
Abu Dhabi, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Overview
Mal is building the world's first AI-native Islamic digital platform, designed for a new generation that expects banking to be fast, fair, and built around real life. Born in Abu Dhabi, Mal is creating a mobile-first experience for underserved and underbanked communities across emerging markets, combining the trust of Islamic finance with AI-native technology built to scale globally. Powered by intelligent infrastructure and values-led design, Mal goes beyond traditional services to deliver smarter access, lower costs, and more inclusive financial tools, without compromising on ethics or innovation.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Abdallah Abu-Sheikh
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