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QDB Ithmar

Shari’a-compliant seed equity programme of Qatar Development Bank that provides entrepreneurs with the required funds to establish a business in Qatar; the entrepreneur contributes a minimum of 10% of the total investment capital, through a convertible Musharaka agreement that can later convert into shares.

What you get
Seed equity via convertible Musharaka
No cash amount published
Cost
Convertible
Musharaka converts into shares
Status
Active
From abroad
Nationals or residents
What
Seed equity via convertible Musharaka; amount not published; founder adds at least 10%.
Who
Qatari-based companies or teams with active Qatari involvement; founders over the age of 18.
From abroad
Nationals or residents of Qatar — Qatari-based companies, Qatari individuals and teams with active Qatari involvement All programmes open to founders from abroad →

Checked · October 2026 · qdb.qa/en/financing-and-funding/equity-and-inve… · How we check ↗

In detail

QDB Ithmar is an Islamic equity programme (convertible musharaka) in Qatar. Shari’a-compliant seed equity programme of Qatar Development Bank that provides entrepreneurs with the required funds to establish a business in Qatar; the entrepreneur contributes a minimum of 10% of the total investment capital, through a convertible Musharaka agreement that can later convert into shares.

Amount
  • Seed equity via convertible Musharaka
  • amount not published
  • minimum 10% founder contribution
Terms
Yes — convertible Musharaka, convertible into shares
Eligibility
Qatari-based companies, Qatari individuals, or teams with active Qatari involvement · founders must be over the age of 18
Benefits
Shari’a-compliant structure · entrepreneur contributes a minimum of 10% of the total investment capital
Status
Active per programme page — no dated 2025/2026 deal announcement found

Is this for you?

Where is your company?

Are you open to giving equity?

Answer the two questions

We match them against what QDB Ithmar publishes.

“Ithmar supports Qatari-based companies, Qatari individuals, teams with active Qatari involvement, and founders, who should be over the age of 18” — qdb.qa

A guide to the published criteria, not a decision — the programme selects.

What the source says

“Ithmar supports Qatari-based companies, Qatari individuals, teams with active Qatari involvement, and founders, who should be over the age of 18”

“To be able to contribute a minimum of 10% of the total investment capital required. (no ticket size on the page)”

“APPLY NOW -> https://www.qdb.qa/en/data/ossform (live form: 'Application Form / Looking Forward to Reviewing Your Application')”

“Ithmar is an equity funding program compliant with the Islamic Shari'a.”

“a convertible Musharaka agreement or an equivalent instrument … QDB will convert the holding into shares in the following funding round”

“a convertible Musharaka agreement or an equivalent instrument … To be able to contribute a minimum of 10% of the total investment capital required.”

Closing soon on the map

No published deadline in the next 30 days · All published deadlines →

Compare state equity in Qatar

Cost
QDB IthmarSeed equity via convertible Musharaka; amount not published; founder adds at least 10%.not publishedConvertibleActive
QDB Istithmar - SME EquityTickets QAR 1.5–7M for small enterprises, QAR 3.5–18M for medium enterprises; equity under 50%.QAR 3.5–18MEquityActive
Startup Qatar Investment ProgramSTART up to $1.1M, GROW up to $5.5M, released in tranches against milestones.up to $5.5MEquityOpen
QDB Pre-seed InvestmentUp to QAR 250K (100K cash, 150K in kind); QDB announced QAR 730K per company in Dec 2025.QAR 730KConvertibleActive

Highest amount in each programme’s own “What” line. Other currencies converted for sorting only (Gulf pegs; KWD, EUR, GBP approximate).

All state equity in Qatar →  ·  Across the Gulf →

Questions founders ask

What does QDB Ithmar offer?

Seed equity via convertible Musharaka; amount not published; founder adds at least 10%.

Does QDB Ithmar take equity?

Convertible — Musharaka converts into shares.

Can founders from abroad apply?

Nationals or residents of Qatar — Qatari-based companies, Qatari individuals and teams with active Qatari involvement.

How do I apply?

Through its own application form — the Apply button on this page goes straight there.

Sources

Primary source · qdb.qa/en/financing-and-funding/equity-and-investment/capital-seed-fu… · LinkedIn · linkedin.com/company/qatar-development-bank · Checked October 2026

Apply →