"Abu Dhabi Islamic Capital" Launches a fund for European logistics services
ABU DHABI, 8 JANUARY / WAM / Abu Dhabi Islamic Capital, a subsidiary of Abu Dhabi Islamic Bank and licensed by the Dubai Financial Services Authority, launched the “Abu Dhabi Islamic Capital European First Logistics Asset Development Fund”, which is an investment tool compatible with the provisions of financial transactions in Sharia. Islamic Bank, where the fund is designed to enhance investors’ ability to access high-demand logistics assets across Germany and Western Europe.
The fund aims to provide investors with the growing opportunities in this market that have emerged as a result of the structural shortage of sustainable logistics assets compliant with environmental, social and institutional governance standards in these regions.
Tony Hashimi, Senior Executive Director of Abu Dhabi Islamic Capital Limited, said that the fund, by targeting the logistics sector in Europe, provides investors with access to flexible opportunities compatible with environmental, social and institutional governance standards in a high-growth market, driven by strong economic and structural trends.
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