Amwal Capital Partners has announced the launch and first close of its $150 million Shariah-compliant private credit fund. The fund is designed to support underserved SMEs across the GCC through flexible, asset-backed financing solutions, with a primary focus on Saudi Arabia and the UAE.  The fund aims to address the region’s significant SME credit gap while targeting resilient, high-growth sectors such as logistics, fintech, and tourism. This marks another milestone in Amwal’s commitment to offering innovative and ethical investment products tailored to the region’s evolving financial landscape.