Risk

At Mamun, we understand that making informed investment decisions is crucial. We focus on risk management—not risk elimination. Understanding these risks helps you make informed decisions and build a resilient investment approach. All investments are inherently risky and may result in the loss of some or all of your capital. It is your ultimate responsibility to perform due diligence before you invest.

How We Evaluate Opportunities

Only opportunities that meet our stringent criteria are featured on our platform. To gain approval, business applications undergo a rigorous evaluation process that considers various data, including but not limited to:

The financial standing of the business
Historical records with credit bureaus
Existing finance extended by other institutions
Other relevant criteria

Risk Rating System

To assist you in assessing investment opportunities, we've developed a comprehensive risk rating system. This system evaluates various factors, including industry dynamics, shareholder backgrounds, financial health, and credit history, to provide an understanding of the potential risks associated with each opportunity.

A
A — Lowest Risk

These opportunities typically involve well-established companies with strong financials, a history of success, a positive credit history, high experience levels, and robust industry demand.

B
B — Low Risk

These opportunities generally encompass companies operating in stable industries, boasting good financials, a positive history of success, a positive credit history, good experience levels, and strong industry demand.

C
C — Medium Risk

These opportunities typically involve companies in moderately stable industries, with satisfactory financials, a mixed history of success, some minor credit issues, moderate experience levels, and average industry demand.

D
D — High Risk

These opportunities are usually associated with companies in volatile industries, and/or weak financial positions, and/or significant historical credit issues, and/or low management experience.

Regardless of the grade of investment, and depending on the investment type, businesses and their owners provide cheques as a form of security and collection.

Key Risk Types

Credit / Default Risk

The risk that a borrower or counterparty fails to meet their payment obligations, resulting in partial or total loss of invested capital.

Concentration Risk

The risk of overexposure to a single deal, borrower, sector, or geography, which can amplify losses if that specific exposure underperforms.

Liquidity Risk

The risk that you cannot exit or redeem your investment before maturity. Trade finance deals are generally held to term.

Market / Price Risk

The risk that broader market conditions, currency fluctuations, or economic downturns negatively impact the value or settlement of underlying trade transactions.

Operational & Fraud Risk

The risk of losses due to internal process failures, system errors, human mistakes, or fraudulent activity by any party involved in the transaction.

Sharia / Structuring Risk

The risk that a transaction's structure is later deemed non-compliant with Sharia principles, potentially affecting enforceability or investor returns.

How Mamun Manages Risk

Underwriting & Borrower Assessment: We conduct due diligence on every borrower, evaluating creditworthiness, trading history, and repayment capacity.

Deal Structuring & Controls: Each deal is structured with safeguards such as defined tenors, documented trade flows, and clear repayment sources.

Monitoring & Reporting: We continuously monitor deal performance and provide investors with transparent status updates and reporting.

Collections & Recovery: In the event of delays or defaults, we have established processes for collection, follow-up, and recovery efforts.

Diversification Guidance: We encourage investors to spread their capital across multiple deals, sectors, and tenors to reduce concentration risk.

What Investors Can Do

As an investor, you play an active role in managing your own risk. Here are practical steps you can take:

  • 1.Diversify across multiple deals rather than concentrating in a single opportunity.
  • 2.Avoid over-concentration in one borrower, sector, or geography.
  • 3.Understand deal tenors and liquidity—funds are typically committed until maturity.
  • 4.Read deal terms, risk notes, and disclosures before investing.

Important Disclaimer

There are no guaranteed returns. All investments carry the possibility of partial or total loss of capital.

Past performance is not indicative of future results. Historical returns do not promise or guarantee similar outcomes in future deals.

Your capital is at risk. Only invest funds you are prepared to commit for the duration of the deal and can afford to lose.

Last updated: 25 December 2025

Risk Disclosure: Investments are linked to underlying trade transactions and involve risks including counterparty default, execution issues, and settlement delays. Returns are not guaranteed. Mamun is licensed and regulated by the Financial Services Authority (FSA) of Oman.

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