Abdallah Abu-Sheikh, Founder of Mal

Abdallah Abu-Sheikh is the founder of Mal. Mal has raised $230M in total funding. Latest round: Seed. Backed by BlueFive Capital.

About Abdallah Abu-Sheikh

Abdallah Abu-Sheikh is the Founder of Mal, an AI-native Islamic digital bank headquartered in Abu Dhabi. Mal, currently under development, aims to bridge the gap between ethical finance and modern financial tools, targeting the world's 2 billion Muslim population and other underbanked communities. The company secured a $230 million investment led by BlueFive Capital to accelerate product development, licensing efforts, and go-to-market strategy.

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