Oman’s FSA-licensed Sharia-compliant trade finance platform and London’s FCA-regulated asset-backed credit specialist — both with established Sharia-compliant practices — begin a programme of strategic cooperation focused on credit structuring, institutional readiness, and the role of regulated trade finance in Oman’s import, export, re-export, and manufacturing economy.
Mamun, the Sultanate of Oman’s Financial Services Authority-licensed Sharia-compliant trade finance platform, has begun a programme of strategic cooperation with Channel, the London-headquartered, Financial Conduct Authority-regulated specialist in privately-originated asset-backed credit and Sharia-compliant trade finance. The cooperation, formalised between the two firms, focuses on credit structuring, institutional readiness, and Mamun’s positioning as regulated Sharia-compliant trade finance infrastructure for Oman’s role in global import, export, re-export, and manufacturing flows.
Channel is led by Dr Walter Gontarek, Chief Executive Officer, IC Chair and Chairman, and operates from London under FCA authorisation. The firm has a long-established track record in privately-originated asset-backed credit for institutional investors, including a dedicated Sharia-compliant trade finance practice.
Mamun is headquartered in Muscat and licensed by the Sultanate of Oman’s Financial Services Authority, with corridor nodes in Abu Dhabi (ADGM) and Hong Kong connecting Oman to international trade and capital flows. The company provides Sharia-compliant, asset-backed financing solutions to MSMEs engaged in import, export, re-export, and manufacturing activities, with a global mandate.
Saleh Al-Tamami, Co-Founder and Chief Executive Officer of Mamun, said:
“Oman’s position as a global trading corridor — connecting the Gulf, the Indian Ocean rim, and beyond through its ports and regulatory framework — represents a structural opportunity that requires institutional-grade, Sharia-compliant credit infrastructure to realise its full potential. Mamun has built that infrastructure with Oman as its regulated home, supported by a connected presence across Abu Dhabi (ADGM) and Hong Kong. Working with Channel Capital, a counterparty with both institutional standing and a genuine Sharia-compliant trade finance practice, is a natural fit for the work ahead.”
Walter Gontarek, CEO and Chair at Channel, said:
“Oman is a market we have long recognised as underserved by institutional-grade, Sharia-compliant credit infrastructure. Mamun has built exactly the kind of regulated, asset-backed platform that Channel looks for in a strategic counterparty — disciplined, well-governed, and anchored in real economic activity. This cooperation opens a meaningful pipeline of trade finance opportunities that meet our standards for both credit quality and Sharia compliance.”
The cooperation will be governed by a joint Working Group with formal review checkpoints, with workstreams covering strategic advisory and credit structuring.
— ENDS —
About Mamun
Mamun is an Oman-incorporated, FSA-licensed Sharia-compliant trade finance platform serving MSMEs with a global mandate. Headquartered in Muscat, Mamun operates with a connected presence across Abu Dhabi (ADGM) and Hong Kong, supporting import, export, re-export, and manufacturing trade flows through Oman as a central regulated trading corridor. Mamun is led by Co-Founders Saleh Al-Tamami (Chief Executive Officer) and Mohammed Al Tamami (Chief Commercial Officer).
About Channel
Channel refers to the Channel Digital Holdings Group which includes Channel Capital Advisors LLP.
Channel Capital Advisors LLP is an FCA-authorised and regulated credit manager headquartered in London, founded in 2007. Channel originates, structures, and manages privately-originated asset-backed investments for institutional investors, with a long-standing Sharia-compliant trade finance practice alongside its conventional credit activities. Over its history, the firm has decisioned more than 740 investments and arranged cumulative financing volumes in excess of USD 27.5 billion across 35 countries.
Channel Capital Advisors LLP is led by Dr Walter Gontarek, CEO, IC Chair and Chairman.
Channel has managed $27.5 billion of receivables volumes since 2007.
As a leading global alternative asset manager with deep industry knowledge and experience, we deploy private capital across asset-based lending solutions to the innovation economy and specialty finance sectors.
Since 2007, our investing expertise has served the financial return needs of our clients and provided businesses with innovative debt capital solutions for growth.
As of June 30, 2026, Channel had approximately $27.5 billion in cumulative capital invested and facilitated financing in over 35 countries.
To find out more, contact Tony Smedley or Aakriti Mehta.
