SHUAA launches three Sharia-compliant funds in ADGM and secures $75 million of commitments
- SHUAA launches three open-ended Sharia-compliant funds targeting qualified institutional investors through its wholly owned subsidiary, SHUAA GMC Limited
- Fund launched with an initial committed AUM of USD 75 million
- Launch of funds in line with SHUAA's strategy to diversify its products and services, and grow its fee income business
United Arab Emirates, 4 October 2020: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platforms in the region, has launched three Sharia compliant funds and already secured USD 75 million of commitments.
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