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Riba
Dear Umer Saheb or anyone from the team who is well versed in finance my question is in relation to the following article. https://www.citigroup.com/global/news/press-release/2024/citi-and-apollo-announce-25-billion-private-credit-direct-lending-program
Is investing in private credit funds as investor allowed for Muslims noting underlying credits are given to small companies to grow their businesses.
citigroup.com
Citi and Apollo Announce $25 Billion Private Credit, Direct Lending Program
Citi, the leading global bank, serves more than 200 million customer accounts and does business in more than 160 countries and jurisdictions. Learn more today.
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1 Reply
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Riba
updated 1 week, 1 day ago
1 Member
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In light of attached lecture by Ghamdi Sb I believe investing in private credit funds is allowed. Please advise. the following comments of Ghamidi Sahab from 1:18:35 to 1:21:26
https://www.youtube.com/live/LUbg3QpPfRM?si=d0-0r_fh9sBiUXCu&t=4715
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