Comera Finance Gets Final CBUAE Approval to Operate as NBFC in UAE

Comera Finance Gets Final CBUAE Approval to Operate as NBFC in UAE

Post by : Raina Mansoor

Dec. 19, 2025 5:01 p.m. 386

Abu Dhabi, United Arab Emirates – December 19, 2025: Comera Finance, the financial services arm of Comera Financial Holdings, which is part of Abu Dhabi’s Royal Group, has received its final regulatory approval from the Central Bank of the UAE (CBUAE). With this approval, Comera Finance is now officially allowed to operate as a Non-Banking Financial Company (NBFC) in the UAE.

This NBFC license allows Comera Finance to provide both retail and wholesale financing services across the country. It marks an important step in the company’s long-term plan to build a strong, safe, and technology-driven financial platform that supports individual customers, small and medium businesses (SMEs), and large enterprises.

The approval came after a detailed review by the Central Bank, showing that Comera Finance meets high standards in governance, risk control, compliance, and operational readiness. This confirms the company’s ability to operate responsibly within the UAE’s regulated financial system.

Speaking about this milestone, Mr. Akhtar Saeed Hashmi, Managing Director and Group CEO of Comera Financial Holdings, said that receiving the final NBFC license is a major achievement for the company. He shared that Comera Finance follows a regulation-first approach and aims to build trusted financial solutions that support the UAE’s vision of a strong, inclusive, and future-ready economy.

With the license now in place, Comera Finance plans to introduce a range of structured financial products, including consumer loans and SME and corporate financing solutions. The company will focus on responsible lending, clear communication, and strong customer protection.

All operations will follow the strict rules and guidelines of the CBUAE, ensuring full compliance, transparency, and strong risk management at every level.

This approval also strengthens the wider Comera ecosystem, which brings together digital communication, payment services, and financial solutions on one platform. By combining modern technology with strong regulation, Comera Finance aims to make financial services simple, safe, and accessible.

Comera Finance’s entry as a licensed NBFC also supports the UAE’s national goals, including SME growth, financial inclusion, and economic diversification. Backed by strong capital support, experienced leadership, and a clear growth plan, the company is ready to expand in a stable and sustainable manner.

This milestone marks the start of a new growth phase for Comera Finance, as it works closely with regulators, partners, and stakeholders to deliver meaningful financial solutions that contribute to the UAE’s financial sector.

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