ADIB Capital Limited, located in the DIFC, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC and regulated by the DFSA, has launched the ADIB Global Healthcare Fund (OEIC) Plc, a Shari’a-compliant public fund incorporated in the DIFC that is designed to provide investors with access to high-conviction investments in the listed equities of companies in the healthcare sector, with a primary focus on developed markets.
The Fund focuses on investing in a diversified range of healthcare‑related equities, including companies operating in areas such as pharmaceuticals, biotechnology, healthcare services, and medical devices. The healthcare sector continues to be supported by long‑term global trends, such as ongoing advancements in healthcare technology and the ageing global demographics.
The Fund’s investments are selected using a bottom-up approach that evaluates company fundamentals and market conditions, with a focus on identifying companies trading at lower levels relative to the broader market, and aims to deliver attractive risk‑adjusted returns to investors through active management in an inherently defensive sector.
The launch of the ADIB Global Healthcare Fund reflects ADIB Capital’s commitment to providing Sharia‑compliant investment access to resilient and structurally attractive sectors. The Fund will be managed in collaboration with BlackRock Financial Management, Inc, an affiliate of BlackRock, Inc, the world’s largest asset manager. The collaboration with BlackRock brings together ADIB Capital’s Sharia governance and regional market expertise with BlackRock’s global sector capabilities, supporting a well‑structured investment offering for clients.
Keith Saldanha, Head of Wealth and Global Product Solution for the Middle East and Africa at BlackRock, added: “This launch reflects the innovation we are seeing across Shari’a-compliant investing and the importance of working closely with partners who bring deep local expertise. Healthcare is a sector aligned with long-term societal needs, and it has been a privilege to collaborate with ADIB Capital to deliver a solution that combines rigorous Shari’a oversight with the scale and breadth of BlackRock’s active investment platform. The team’s strong track record and experience give us confidence in their ability to capture long-term opportunities, particularly in sectors such as healthcare that sit at the heart of powerful global megatrends shaping the region and beyond.”
The Fund has been approved by the Shari’a Supervisory Board, which has reviewed the Fund’s structure, investments, and documentation. This provides investors with assurance that the Fund operates in accordance with Shari’a principles and within ADIB Group’s established governance framework.
For more information on the ADIB Global Healthcare Fund, please contact adibc.am@adib.com
