Sidra Income Fund II solidifies market credibility with 2 prestigious IFN Awards

Sidra Income Fund II solidifies market credibility with 2 prestigious IFN Awards

Sidra Capital, the Shari’ah-compliant investment company regulated by the Saudi Arabian Capital Market Authority, announced that Sidra Income Fund II (SIF II) has been awarded the prestigious IFN Trade Finance Deal of the Year 2022 and IFN Indonesia Deal of the Year 2022 at Islamic Finance News (IFN) Awards 2022.

Sidra Income Fund II is the US dollar-denominated investment fund focusing on commodity export trades within the Asia-Pacific region. It is an attractive, Shariah-compliant, income-generating investment opportunity in Sidra Capital’s private finance platform that facilitates commodity flows between producers and consumers across Asia’s largest economies.

Launched in October 2022, Sidra Income Fund II’s investment strategy is premised on innovative facilitation of commodity supply chain transactions via fully funded irrevocable letters of credits (LC).

Furthermore, the fund investment strategy includes acquiring stabilized and income-producing assets with long-term leases, in key markets across the United States.

The fund aims to generate stable cash flows and provide attractive risk-adjusted returns to its investors through a combination of rental income and capital appreciation. SIF II provides investors with a way to access the benefits of commercial real estate investment without the need for direct property ownership or management.

The Islamic Finance News Awards honor the best in the Islamic