A New Era for Investment in Francophone Africa: Khuwaylid Capital Fund 1 SAS Launches
A historic initiative is underway with the launch of Khuwaylid Capital Fund 1 SAS, the first Islamic impact investment fund in the region. According to several sources, this groundbreaking project aims to raise 5 billion FCFA (approximately 8 million euros) to support promising small and medium-sized enterprises (SMEs) in Senegal.
The targeted sectors include agro-industry, healthcare, and education.
More than just a financial investment, Khuwaylid Capital Fund 1 SAS is committed to a sustainable impact approach.
By adhering to the principles of Islamic finance, which prohibits interest on loans and prioritizes ethical investments, the fund is dedicated to generating a positive and measurable impact on the economic, social, and environmental fronts.