Themar

Acquired

Themar: a Sharia-compliant P2P purchase-financing (debt crowdfunding) platform for small and micro enterprises

Jeddah, Saudi ArabiaFounded 2020

Acquired by Beehive (Beehive Group Holdings Limited) — majority stake · Jul 2026 · Undisclosed

Fintech

Acquired

Themar (ثمار) connects Saudi SMEs that need purchase financing for inventory, fixed assets or services with retail and institutional investors, using Murabaha and Mudaraba structures. In August 2023 it became the seventh debt crowdfunding platform licensed by the Saudi Central Bank. In July 2026 Beehive Group completed the purchase of a majority stake in its holding company, Themar Al Aamal Commercial Company LLC.

Founders

Amer Siddiki

Co-Founder & CEO

Yousef H. Al Dabbagh

Co-Founder

Funding Rounds

GrantMar 2021

$100K

Lead: TAQADAM Startup Accelerator (KAUST / SABB)

Investors: TAQADAM Startup Accelerator (KAUST / SABB)

Investors: TAQADAM Startup Accelerator (KAUST / SABB).

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