Sedco Capital, a leading Saudi asset management advisory firm, said it has completed the second capital increase of its flagship real estate investment fund (REIT). With this, the total asset value of the Fund has surged to SR2.45 billion ($652 million).
Sedco Capital, a shariah-compliant asset management firm, said it has exited its capital built-to-suit real estate fund delivering a 41% net return on invested capital. The Fund began operations in 2018 by acquiring two education-zoned plots in Jeddah.
Sedco Capital, a global Shariah compliant and ESG led asset management and investment advisory firm, has announced the first close of its SC Private Equity Global Co-Investment Master Fund II targeting $175 million.
KUALA LUMPUR, Oct 4 Islamic banks are not yet fully digitised but are moving forward in achieving the potential of Islamic fintech, said shariah scholar Tan Sri Mohd Daud.