StepStone and ASB Capital launch Shari’ah-compliant private credit fund
Monday, October 5, 2026 · first reported by Alternative Credit Investor and 3 others
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.
- Firm
- StepStone
- Also named
- ASB Capital
- Fund
- ASB StepStone Private Financing Fund
- Stage
- Launch
- Asset class
- Credit
- Geography
- North America, Middle East
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Coverage
4 sources- Alternative Credit InvestorStepStone and ASB Capital launch Shari’ah-compliant private credit fund
- AltAssetsStepStone, ASB Capital launch Sharia-compliant private credit fund targeting US middle market
- Alternatives WatchDubai’s ASB Capital launches private markets funds with StepStone, Principal
- alternativecreditinvestor.comStepStone and ASB Capital launch Shari’ah-compliant private credit fund
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