Posted inIslamic Finance

ASB Capital introduces diversified global Sukuk fund

The fund will be benchmarked against the Dow Jones Sukuk Index.

ASB Capital, in collaboration with Arqaam Capital, has launched the ASB Global Sukuk Fund, targeting sustainable profit and long-term capital growth.

The fund, benchmarked against the Dow Jones Sukuk Index, is available to all investor profiles and is set to offer a diversified Sukuk portfolio with an average investment-grade credit rating.

The fund is domiciled in the Dubai International Financial Centre (DIFC) and regulated by the Dubai Financial Services Authority (DFSA). It aims to deliver consistent income and capital appreciation through an active management strategy that combines disciplined credit selection and global macro-analysis.

“The ASB Global Sukuk Fund addresses a core need of a diversified portfolio allocation based on fixed-income instruments that aim to deliver stability and long-term value,” said Hichem Djouhri, Senior Executive Officer at ASB Capital.

“Despite the Sukuk market surpassing 1.2 trillion in 2024, it appears to remain underrepresented in global portfolios. This Fund serves as a structured and efficient gateway to an increasingly dynamic asset class which is supported by strong fundamentals and proven performance across market cycles.”

With projections for growth in the Global Sukuk market fueled by demand and regulatory support, ASB Global Sukuk Fund is open to institutional investors, family offices, and high-net-worth individuals seeking diverse fixed-income exposure.