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ASB Capital, launched in Nov 2024, reached $5.8B in assets and expanded its offerings amid growing Gulf-Europe ties.
Al Salam Bank’s ASB Capital division, launched in November 2024, reached a one-year milestone with $5.8 billion in assets under management, a 30% rise since inception.
The firm expanded its product suite with new funds targeting global and regional equities, technology, and sukuk, while supporting over $2 billion in capital market issuances.
It now serves high-net-worth individuals, family offices, corporations, and institutions.
ASB Capital is exploring an ETF launch to broaden access, reflecting growing confidence in its regional strategy amid strengthening Gulf-Europe cooperation in defense and finance.
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ASB Capital, lanzado en noviembre de 2024, alcanzó $5.8B en activos y amplió sus ofertas en medio de crecientes lazos entre el Golfo y Europa.