Abu Dhabi Islamic Capital Limited, which operates from the Dubai International Financial Centre and is a fully-owned subsidiary of Abu Dhabi Islamic Bank, has launched the Abu Dhabi Islamic Digital Infrastructure Fund. This new public fund is Sharia-compliant and has been established in Dubai’s financial hub, with the aim of providing investors with targeted opportunities in shares of listed companies. These companies are expected to benefit from favorable supply and demand dynamics in the data storage and transmission sectors, particularly in North America and Europe.
The fund offers a Sharia-compliant investment framework that aligns with the rapid transformations occurring in the global digital economy. It allows investors to diversify their portfolios by investing in digital infrastructure assets. The fund’s management strategy is based on comprehensive performance evaluations of targeted companies, complemented by analyses of broader economic trends. It focuses on building a concentrated portfolio of 20 to 25 securities, selected according to fair value criteria, with the objective of generating returns that consider risk levels.
The digital infrastructure sector is experiencing sustained growth, driven by structural changes in areas such as artificial intelligence, cloud computing, e-commerce, and the proliferation of mobile communication services. The fund aims to capitalize on these long-term industrial trends by investing in data centers, communication towers, fiber optic networks, and other essential assets. Given the growing demand for communication services and the declining supply of data storage capabilities and related assets, the market environment is conducive to selective investments in this domain.
Abu Dhabi Islamic Capital is managing the fund in collaboration with DigitalBridge Liquid Accounts Adviser, LLC, a part of DigitalBridge Group, which is one of the world’s leading firms specializing in digital infrastructure. This collaboration involves the acquisition, operation, and investment across various asset classes within this sector.
The fund’s Sharia Supervisory Board has approved its structure, along with the investment framework and documentation, ensuring compliance with Islamic law, supported by the robust governance and organizational framework of Abu Dhabi Islamic Bank Group.