{"id":72353,"date":"2026-08-05T13:23:42","date_gmt":"2026-08-05T10:23:42","guid":{"rendered":"https:\/\/entarabi.com\/?p=72353"},"modified":"2026-08-05T13:33:33","modified_gmt":"2026-08-05T10:33:33","slug":"saudi-fintech-tamara-secures-a-credit-rating-to-support-access-to-local-capital-markets","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2026\/08\/saudi-fintech-tamara-secures-a-credit-rating-to-support-access-to-local-capital-markets\/","title":{"rendered":"Saudi fintech Tamara secures \u2018A-\u2019 credit rating to support access to local capital markets"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>Tamara secures A- credit rating from SIMAH\u2019s TASSNIEF\u200b to strengthen its funding strategy<\/li>\n\n\n\n<li>The rating marks Tamara\u2019s first independent credit assessment by Tasnif with a stable outlook, highlighting the company\u2019s strong creditworthiness and sustainable growth while paving the way for long-term financing opportunities.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Tamara Finance has received an A- credit rating from Saudi-based Simah Rating Agency (TASSNIEF\u200b), strengthening its funding strategy and supporting its expansion into local capital markets.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">The rating marks Tamara\u2019s first independent credit assessment by TASSNIEF\u200b and comes with a stable outlook, reflecting the company\u2019s strong creditworthiness, sustainable growth, and long-term financial resilience while paving the way for new funding opportunities.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Tamara Finance announced that it has been assigned an A- credit rating with a stable outlook by SIMAH Rating Agency (TASSNIEF\u200b), marking a key milestone in the company\u2019s efforts to diversify its funding sources and strengthen its access to Saudi capital markets.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">The rating reflects Tamara\u2019s solid financial position, low credit risk, and high credit quality.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> It also underscores the sustainability of the company\u2019s business model and supports its future growth plans and expansion of financial products and services.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">According to TASSNIEF\u200b, the rating was driven by several key strengths, including the quality of Tamara\u2019s assets, improved profitability, and the effectiveness of its risk management framework.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Commenting on the achievement, Mohammed Alahmadi, Chief Financial Officer at Tamara, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">&#8220;This rating is a strong endorsement of our business model and the disciplined approach we take to risk management as we continue to expand sustainably.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">He added:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">&#8220;The achievement further strengthens the confidence of our investors and financing partners, while enabling us to broaden our Shariah-compliant funding sources within the Kingdom.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">The rating highlights Tamara\u2019s continued growth trajectory and positions the company to pursue new business opportunities with greater confidence.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\"> It also reflects Tamara\u2019s responsible lending approach and its commitment to supporting the development of Saudi Arabia\u2019s digital economy in line with the goals of Vision 2030.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-left\">About Tamara<\/h2>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Tamara is a GCC-based fintech company whose mission is to empower people to achieve their ambitions.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">The company currently serves more than 25 million customers and partners with over 130,000 global, regional, and local brands across sectors including retail, travel, education, healthcare, and more.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">Tamara is backed by Sanabil Investments, a wholly owned company of Saudi Arabia\u2019s Public Investment Fund (PIF), as well as SNB Capital.<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\" dir=\"ltr\">The new credit rating builds on Tamara\u2019s recent growth milestones, including securing $2.4 billion in asset-backed financing facilities last year from leading global financial institutions, including Goldman Sachs, Citigroup, and Apollo-managed funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tamara Finance has received an A- credit rating from Saudi-based Simah Rating Agency (TASSNIEF\u200b), strengthening<\/p>\n","protected":false},"author":11,"featured_media":72351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1810],"tags":[13307,2608,13306],"class_list":["post-72353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-simah","tag-tamara","tag-tassnief"],"acf":[],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/72353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=72353"}],"version-history":[{"count":2,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/72353\/revisions"}],"predecessor-version":[{"id":72356,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/72353\/revisions\/72356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/72351"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=72353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=72353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=72353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}