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Scoop Principal Asset Management

Coverage of Scoop Principal Asset Management in the Nexus archive.

Earliest in view: Jul 2 · 11:13 UTCMost recent: Jul 2 · 11:13 UTC
Co-mentioned in this coverage
Saudi institutionorganization1Islamic lawtopic1Sharia-compliant credit fundtopic1early childhood educationtopic1Plumbingtopic1automotive repairtopic1Gulf sovereign wealth fundsorganization1
Recent coverage
  • BUSINESSJul 2 · 11:13 UTCSEMAFOR
    US asset manager to launch Sharia-compliant credit fund

    Scoop Principal Asset Management, a Iowa-based firm managing over $590 billion, plans to launch a Sharia-compliant US private credit fund targeting Gulf family offices and institutional investors. The fund, developed with a Saudi institution, will avoid interest-based transactions and focus on recession-resilient sectors like education and automotive repair. It aims to provide Sharia-compliant alternatives to Gulf investors seeking US private credit opportunities.