GCC SWFs invest in $850 billion private credit asset class, Sharia-compliant funds

According to an article published by Business Standard, several of the GCC's largest investors, including Saudi Arabia's PIF, and Qatari and UAE sovereign wealth funds are lining up to participate in Shariah-compliant direct lending and private credit funds.  The article went on to note that the private credit asset class has ballooned into an $850 billion market as it attracted interest from the world’s largest sovereign investors.

Read the original article on Business Standard: Saudi wealth fund joins Qatar, UAE peers in private lending rush