Horizon Capital AG adds
Sharia-compliant Fund to its offerings
Horizon Capital AG, is a one-stop shop for businesses and private financial needs, specializing in short-term private debt strategies linked to natural resources. Being well-grounded in ESG principles and their commitment to social and environment criteria in the investment process, they have decided to set up a Sharia compliant Trade Finance Fund and also administer a Special Managed Account. For this new milestone, they have partnered up with Shariyah Review Bureau (SRB) to provide Sharia insight, certification, and monitoring through Sharia audit.
Horizon Capital AG is a registered signatory of the United Nations Principles for Responsible Investment. Sebastien Max, Managing Partner of Horizon Capital AG said “We are very pleased to be working on both sides of the business spectrum; providing investment opportunities and sharia compliant financing to trading businesses through our Fund and Managed Account with investments realized through trade finance transaction structures that adhere to Sharia principles. He added “Given the strategic importance of the Middle East, we are delighted to be working with SRB which has an extensive geographic footprint and over a decade of heritage in providing Sharia advisory services to institutions in the region. With the right Sharia advisory institute, we feel very confident about our long term Sharia-compliant business development perspectives...Keep Reading