King & Spalding advises ADIB Capital on Shari’a-compliant European Logistics Fund
King & Spalding has acted as legal advisor to ADIB Capital, a subsidiary of Abu Dhabi Islamic Bank (ADIB PJSC), on the launch of ADIB European Logistics Fund I. The fund, registered with the Dubai Financial Services Authority (DFSA), is designed to invest on a Shari’a-compliant basis in logistics assets across Germany and Western Europe.
The legal team from King & Spalding was led by Dubai-based partners James Stull and Dounia Mansour, with support from associates Herbert Kosy Nduka (New York) and Elisabeth Fapuro (Dubai).
ADIB Capital, a wholly owned subsidiary of ADIB PJSC, operates as a Shari’a-compliant asset manager, regulated by the DFSA. It has established itself as a key player in Islamic finance, leveraging its affiliation with ADIB PJSC, one of the largest Islamic banks in the MENA region.
