In this episode of the Weekly Finance News Wrap, Paige Estritori discusses Sidra Capital's foray into Australia's private credit sector. A leading manager of alternative investments in Saudi Arabia, Sidra Capital has launched the Sharia-compliant Sidra Asia Pacific Private Investments Sub-Fund I. Based in Singapore, the fund has invested US$15 million in the Australian mining and energy sector, offering an appealing projected annual return of 9.75%, secured by mining equipment. This strategic move, spearheaded by Vice Chairman Ghassan Soufi and Asia Pacific head Azlan Firman, reflects their confidence in the abundant opportunities in these sectors. Sidra Capital's initiative indicates the potential growth of Australia's markets, predicting both international recognition and sector enhancement. Other topics in the podcast include Sidra Capital's impressive track record in managing SAR16 billion in assets, focusing on Sharia-compliant alternative investments.n