This launch demonstrates Janus Henderson’s commitment to innovation

Janus Henderson recently announced the successful first closing of a targeted US$ 300mn Shariah-compliant direct lending vehicle, Janus Henderson MENA Private Credit Fund IV, marking a significant milestone for the firm’s expansion of tailored financing solutions. The Fund held its first close on 19 September 2025 with US$ 125.5mn of investor capital commitments.
Anchored by the SIDF Investment Company (SIC), Abu Dhabi Catalyst Partners, a joint venture between Mubadala Capital and Alpha Wave Global and SVC, the fund is designed to address an estimated US$ 250bn financing gap for Small and Medium Enterprises (SMEs) in the region.
“The successful first close of this Shariah-compliant direct lending vehicle underscores our commitment to investors in the Middle East and the growing number of companies in the region seeking access to flexible, values-driven financing,” stated Ali Dibadj, CEO, Janus Henderson Investors.
Fully Shariah-compliant
The latest fund is the third fully Shariah-complaint vehicle managed by Janus Henderson Emerging Markets Private Investments, the firm’s emerging markets private capital division, based in the Abu Dhabi Global Market and regulated by the ADGM’s Financial Services Regulatory Authority, which was acquired in 2024.
“This launch demonstrates Janus Henderson’s commitment to innovation and our ability to meet the evolving needs of clients in growth markets around the world,” stressed Yaser Moustafa, Director and Head, Janus Henderson Emerging Market Private Investments.
“By combining Shariah principles with the resilience of private credit, we are opening new opportunities for businesses across the region to access long-term growth while giving investors the confidence that their capital is working responsibly and effectively,” commented Sikander Ahmed, Head of MENA Private Credit and Senior Executive Officer, Janus Henderson Emerging Market Private Investments.
