GLOBAL: Riyadh-based Sukna Capital has partnered with global credit manager Partners for Growth (PFG) to provide up to US$50 million in specialty Shariah compliant loans to technology companies and SMEs across Saudi Arabia and the Middle East. The initiative will be channeled through Sukna’s Shariah compliant Sukna Fund for Direct Financing, an open-ended direct lending fund, offering non-dilutive solutions such as working capital lines, contract financing and tailored term loans.
Categories:
Asset ManagementRestricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
