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ADIB Capital launches Sharia-compliant trade opportunities
ADIB Capital launches Sharia-compliant trade opportunities

Arabian Business

time9 hours ago

  • Business
  • Arabian Business

ADIB Capital launches Sharia-compliant trade opportunities

Abu Dhabi Islamic Bank 's investment arm, ADIB Capital Limited, has launched the ADIB Islamic Trade Opportunities Fund, a Sharia-compliant investment vehicle incorporated in the DIFC and regulated by the DFSA. The fund, open to professional clients and market counterparties, targets short-duration trade opportunities in developed markets, primarily the US and Europe. It seeks to deliver risk-adjusted returns with quarterly distributions, supported by a disciplined approach to risk and liquidity management. By investing in a diversified pool of trade opportunities linked to counterparties in the US and Europe, the strategy provides exposure to a low-volatility asset class that has historically shown resilience across market cycles. The underlying investments will be managed in collaboration with Goldman Sachs Alternatives, leveraging its private credit expertise and risk controls. The fund's structure ensures compliance with Sharia principles, with oversight from its Sharia Supervisory Board. The launch

Trump Says U.S., Europe to Send More Aid to Gaza
Trump Says U.S., Europe to Send More Aid to Gaza

Wall Street Journal

time28-07-2025

  • Politics
  • Wall Street Journal

Trump Says U.S., Europe to Send More Aid to Gaza

TEL AVIV—President Trump said the U.S. and Europe would launch a program to deliver food directly to Palestinians in Gaza as a deadly hunger crisis grips the territory. Speaking in Scotland with U.K. Prime Minister Keir Starmer, Trump described the food crisis in Gaza as a 'terrible situation.' He said the U.S. would set up food centers 'in conjunction with some very good people,' and fund the effort along with European nations.

US markets ‘move lower' due to ‘heightened event risk'
US markets ‘move lower' due to ‘heightened event risk'

News.com.au

time19-06-2025

  • Business
  • News.com.au

US markets ‘move lower' due to ‘heightened event risk'

CommSec's Tom Piotrowski says markets in the United States and Europe moved 'lower' overnight due to 'heightened event risk'. 'As we head into the weekend, that brings with it heightened event risk, so that in itself is part of the reason you saw US and European markets move lower overnight,' Mr Piotrowski told Sky News Australia. 'The US markets were closed to observe the Juneteenth public holiday, but notwithstanding, there's still participation in the futures market and after-hours trade, and to that end, we saw losses of around 0.9 per cent for the Dow and the S&P 500. 'The Nasdaq down by about a per cent.'

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