Janus Henderson Shariah private credit fund marks its first close

GLOBAL: The Janus Henderson MENA Private Credit Fund IV marked its first close on the 19^th September 2025 with US$125.5 million of investor capital commitments for the targeted US$300 million Shariah compliant direct lending vehicle. Backed by the Saudi Industrial Development Fund Investment Company, Abu Dhabi Catalyst Partners – a joint venture between Mubadala Capital and Alpha Wave Global – as well as Saudi Venture Capital Company, the fund aims to address an estimated US$250 billion financing gap for SMEs in the region, which are often underserved by traditional banks. A second close is planned for year-end 2025, with the final close scheduled for mid-2026.