Sharakah Supports Coffee Trader Expansion: What It Means for Investors and Entrepreneurs in Oman
MUSCAT: Sharakah has entered into a Memorandum of Understanding with Abw Alkhalyl Alrhby Lla’mal SPC to provide Sharia-compliant financing designed to enhance the company’s working capital and support its growth within Oman’s expanding coffee market.
Founded in 2017 and based in Muscat, Abw Alkhalyl Alrhby Lla’mal SPC specialises in the import and wholesale distribution of green coffee beans. The company supplies roasters, wholesale traders, and Arabic coffee producers throughout Oman, while also exporting to international markets. This new financing facility will boost the company’s procurement capabilities, optimize inventory management, and ensure consistent supply amid increasing domestic demand for coffee products.
Sharakah highlighted that the agreement aligns with its mission to empower small and medium enterprises (SMEs) operating in specialised and high-demand sectors. The company has previously benefited from SME development programs supported by Sharakah, such as the SME Growth Programme under National Finance’s CSR initiative “Imtidad” and the “Tanmo” programme.
Ali Ahmed Muqaibal, Chief Executive Officer of Sharakah, stated that the financing will strengthen the company’s operational capacity and support the development of the local coffee value chain. Ibrahim bin Mohammed al Rahbi, Owner of Abw Alkhalyl Alrhby Lla’mal SPC, emphasized that the facility will enable the firm to scale its operations and effectively respond to rising market demand.
This partnership reflects Sharakah’s ongoing commitment to deploying Sharia-compliant funding solutions that enhance SME sustainability and contribute to Oman’s economic diversification goals.
Special Analysis by Omanet | Navigate Oman’s Market
The Sharakah-Abw Alkhalyl Alrhby Lla’mal SPC partnership signals a strategic opportunity for SMEs in Oman’s burgeoning coffee sector to scale operations with Sharia-compliant financing. Businesses should consider leveraging such targeted funding solutions to strengthen supply chains and capitalize on rising domestic and export demand. Smart investors must note the growing emphasis on economic diversification through high-potential niche markets like coffee, positioning themselves early for sustainable growth.
