QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions globally, won four titles from The Asset Triple A Islamic Finance Awards 2015. The Asset named QInvest “Best Investment Bank”, “Sukuk House of the Year”, and – in Qatar - “Best Asset Management House of the Year” and “Best Deal” , for the bank’s role in assisting the Grand Duchy of Luxembourg with its debut €200 million Euro-denominated Sukuk .
The Asset Triple A Islamic Finance Awards 2015 Luncheon took place on Monday, June 8th, at the Diamond Ballroom, Mandarin Oriental Hotel, Kuala Lumpur.
Commenting on this achievement, Tamim Hamad Al-Kawari, QInvest’s CEO, said:
“We are proud to be recognised by The Asset. The awards express our commitment and dedication to offering competitive financial solutions while contributing to the development of the industry. With the implementation of changes to the bank’s structure across all business lines, the team continues to successfully deliver innovative Sharia’a-compliant financial solutions while acting as a gateway for investors looking to access Qatar’s fast growing and dynamic market.
Al-Kawari added: "These accolades are a significant achievement for the experienced and talented QInvest team. They continue to develop world-class offerings, while responding to clients’ and investors’ needs for diversified opportunities for their portfolios”.
The CEO of Asian Finance Bank Berhad, Datuk Mohamed Azahari Kamil, received the awards and celebrated QInvest’s outstanding successes for 2015.
The Asset Triple A Awards are Asia’s defining awards for recognition for excellence in the industry. Now in their second decade, the Triple As have witnessed significant growth in the industry’s perception and appreciation. This reputation has been built on the stringent methodology and rigorous approach to the selection of the winners. The awards are adjudicated by The Asset’s Board of Editors who collectively has several decades’ worth of evaluating industry awards in Asia.
QInvest reported strong performance, recently, across its three core business lines – Investment Banking, Principal Investments (Real Estate & Investment Management) and Asset Management – with an increase in revenues by 27% and net profit rising 57%. The bank continues to focus on strengthening its brand to maintain its position as the leading investment bank in Qatar and one of the world’s prominent Islamic financial institutions.
The Bank has been awarded a number of prestigious award since the beginning of the year, including:
- Global Leadership Awards 2015, Excellence in the International Banking & Finance Sector Islamic
- Global Banking & Finance Awards 2015: Best Islamic Fund Management Company in the Middle East & Qatar, and Best Islamic Asset Management Company in the Middle East & Qatar
- The World Union of Arab Bankers 2015: Best Investment Bank in Qatar
- Euromoney Awards for Excellence 2015: Best Investment Bank in Qatar