Mal raises $230M Seed

Mal is an AI-native Islamic digital platform created for a new generation that expects banking to be fast, fair, and based on real life. The company announced a $230M seed on January 13, 2026, from its base in Abu Dhabi, AE. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.