Mamun Deepens Hong Kong Expansion to Strengthen GCC–Asia Trade Finance Connectivity

14 July 2026 | Tuesday | News

The Oman-based fintech is expanding its Hong Kong presence through strategic partnerships and InvestHK engagement, aiming to scale Sharia-compliant trade finance and facilitate two-way trade flows between the GCC, Hong Kong and the Greater Bay Area.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

 

Mamun, the Oman-based fintech and alternative finance platform, is strengthening its presence in Hong Kong as part of its strategy to expand two-way trade finance flows between Oman, the GCC, Hong Kong and the Greater Bay Area.

The company’s growing Hong Kong engagement reflects a broader opportunity to connect GCC buyers, Asian suppliers, financial institutions, technology partners and trade origination channels through regulated, Sharia-compliant trade finance infrastructure.

As part of this engagement, Mamun held a productive meeting with King Leung, Global Head of Financial Services, Fintech & Sustainability at InvestHK and Peggy Kwok, Senior Vice President of Fintech at InvestHK, focused on Mamun’s expanding Hong Kong presence and the development of trade finance partnerships across Hong Kong and the Greater Bay Area.

The meeting was attended by Saleh al Tamami, Co-Founder and Chief Executive Officer of Mamun; Mohammed al Tamami, Co-Founder and Chief Commercial Officer of Mamun; and Nareen al Maamary, Head of Compliance at Mamun, alongside King Leung and Peggy Kwok.

Earlier this year, with the support of InvestHK, Mamun established its Hong Kong presence. That presence is now growing through strategic partnerships, deeper market engagement and increasing settlement flows.

Today, approximately 40 per cent of Mamun’s trade finance settlements, executed on behalf of Murabaha contracts for GCC customers, are settled to Hong Kong-based financial institutions and businesses.

For Mamun, this is not a one-directional corridor. The opportunity is two-way: supporting GCC buyers sourcing from Hong Kong and the Greater Bay Area, while also creating a pathway for Hong Kong-based businesses, financial institutions and partners to participate in trade flows linked to Oman and the wider GCC.

Oman and Hong Kong both carry deep trade and maritime heritage. For centuries, both markets have been shaped by ports, merchant networks, re-export activity, commercial trust and the movement of goods, capital and people across wider regions.

Survey Box

Vote for the most influential trend in 2025:

What's Driving the Future of FinTech?v

× Please select an option to participate in the poll.
Processing...
× You have successfully cast your vote.
 {{ optionDetail.option }}  {{ optionDetail.percentage }}%
 {{ optionDetail.percentage }}% Complete
More polls
Stay Connected

Sign up to our free newsletter and get the latest news sent direct to your inbox

Fintech Business Asia, a business of FinTech Business Review
© 2026 FinTech Business Review. All Rights Reserved.

Show

Forgot your password?

Show

Show

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close