Launch Partners

Launch Partners

SAB Invest launches Shariah fund

SAUDI ARABIA: SAB Invest has rolled out SAB Invest MENA Private Credit Strategy, a Shariah compliant, open-ended private credit fund targeting SAR1 billion (US$267 million) in capital over the next six to 12 months, City Wire reported. The fund will invest in unlisted and listed Sukuk, venture debt for tech-enabled firms, structured corporate debt and infrastructure financing across Saudi Arabia and the GCC, and will be backed by securities such as mortgages, guarantees and cash reserves.

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