ASB Capital and StepStone launch Sharia-compliant private credit fund

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Go back to ASB Capital and StepStone launch Sharia-compliant private credit fund

ASB Capital Partners with StepStone in Launching a Private Markets Offering: ASB StepStone Private Financing Fund

October 5, 2026 6:50 AM EDT

DUBAI, United Arab Emirates--(BUSINESS WIRE)-- ASB Capital, a purpose-driven asset and wealth management firm with assets under management (AUM) of USD 10.2 billion, announced its partnership with Stepstone (Nasdaq: STEP) to launch the ASB StepStone Private Financing Fund. The Fund will provide investors with access to a Sharia compliant diversified private financing strategy focused on current income and capital appreciation.

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