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StepStone and ASB Capital launch Shari’ah-compliant private credit fund

Monday, October 5, 2026 · first reported by Alternative Credit Investor

StepStone and Dubai-based ASB Capital launched the ASB StepStone Private Financing Fund, a Shari'ah-compliant, open-ended perpetual vehicle targeting senior secured financing to US middle-market companies.

Also named
ASB Capital
Fund
ASB StepStone Private Financing Fund
Stage
Launch
Asset class
Credit
Geography
North America, Middle East

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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