Baihas Baghdadi, founder and executive chairman of Baghdadi Capital.
Baghdadi Capital has launched the world’s first fund compliant with Islamic law, Sharia, through its family office, Tamwuil Capital. This vehicle begins operations with a €25 million investment in Spain, aiming to reach €500 million within the next 24 months, focusing on Spain and with projections in the United States and continental Europe.
The fund offers an innovative solution for Islamic investors to invest in private debt assets related to short-term liquidity and working capital management in companies across Europe and the Americas, always adhering to Islamic finance principles. Its structure allows funding operations in just 48 hours, from initial contact to disbursement, without intermediaries. The risk committee, composed of three members, interacts directly with clients.
Tamwuil Capital seeks to invest in companies beyond the reach of traditional banking, responding quickly to market needs. “Traditional banking cannot always act with the required speed. We directly purchase the raw materials that companies need to grow or seize opportunities,” explains Baihas Baghdadi, founder and executive chairman of Baghdadi Capital, in an interview with EXPANSIÓN.
The fund has been approved by the Sharia boards of several conservative financial institutions in the Middle East, ensuring interest-free operations based on equity, transparency, and the real economy. Baghdadi Capital, operating in Spain, the United States, the United Kingdom, and Ireland, manages over €2.2 billion in assets, specializing in complementary financing for SMEs, with a focus on working capital and factoring.
Tamwuil Capital aims to be a bridge between Europe, the Americas, and Asia, channeling capital and liquidity from the Arab world into sectors such as textiles, food, and industry.
Read the full story at: EXPANSIÓN
