QINVEST, Qatar's leading private investment group and one of the region’s most prominent Islamic financial institutions, today announced its half yearly results for 2018. Revenues from all business lines amounted to QAR 148.1 million (US$ 40.7 million), resulting in operating profit of QAR 54.9 million (US$ 15.1 million) and net profit attributable to shareholders of QAR 9.1 million (US$ 2.5 million). The group’s global assets stood at QAR 4,465 million (US$ 1,227 million) as of 30 June 2018.
- QINVEST has now recorded US$ 858 million of completed exits across 24 transactions and funds with a weighted realized cash IRR of 15.5%.
- Revenues of QAR 73.1 million and operating profit of QAR 25.4 million
- Strong liquidity position, diversified investment activity and global assets
“We have witnessed increased interest in the investment banking industry from a diverse range of students.” said Pascale Al Sabbagh, Assistant Vice President - Human Resources, QINVEST. “Several visitors to our stand stressed that the growing investor demand for more innovative, income-generating and Sharia’a compliant products has allowed students to venture into job opportunities offered by investment banks” added Al Sabbagh.
Global Finance Magazine, by DARREN STUBING
As Qatar diversifies its economy away from oil revenues, QInvest CEO Tamim Al-Kawari says it sees strong growth potential across a range of industry sectors ranging from healthcare, agriculture and education to industrials.
- Revenues of QAR 369 million and Operating profit of QAR 177 million - Strong liquidity position, diversified investment activity and global assets
By Gulf Times
The Qatar Finance and Business Academy (QFBA) recently organised a congratulatory event for the first cohort of senior Qatari executives in its pioneering ‘Future CEO’ (FCEO) programme.
Investment services company “Qatar Investment Company” is not part of the QFC and is not regulated by the QFC Regulatory Authority
- With more than 200 attendees at the campus of The College of Business & Economics at Qatar University
This article was first published in Islamic Finance News on the 4th October 2017. For more information, please visit www.islamicfinancenews.com.
One of the biggest trends in recent years has been the exponential rise of ‘ethical’ investing — and its concurrent conflation, in the Islamic industry, with Shariah compliant finance. But while there may be many similarities, the two are not the same — and linking them can offer a misleading appearance to what are in reality two very different approaches to investing. Here at IFN, we think it is vital for the continued health and independence of the industry to draw a much-needed line in the sand.
By ASIF IQBAL, Qatar Tribune
THE unjust blockade imposed on Qatar by the Saudi-led bloc has failed to make any dent on the aspirations of Qatari companies to acquire overseas firms and rescuing them from insolvency. Since the blockade began three months ago, a couple of firms have successfully closed deals abroad, demonstrating the robustness of Qatari businesses.
Interview by Capital, Istanbul, Republic of Turkey QInvest is Qatar’s leading investment bank and, with operations across the Middle East, Africa, Europe and the US, is one of the most prominent Islamic financing institutions in the world. QInvest has performed strongly over the last three years with revenue increasing consistently every year, from US$ 35 million in 2013 to US$ 114 million in 2016. QInvest has spent a significant amount of effort expanding its capabilities in Turkey. The size of its asset portfolio is over TRY 1 billion in Turkey. We asked QInvest's plans for the upcoming period and its goals for Turkey to the top executives of the company. Nasser Al Mahmoud, Head of Client Coverage and Distribution, Dr Ataf Ahmed, Head of Asset Management and Can Güçlü, Head of Investment Banking – QINVEST Turkey Office answered our questions…
By Satish Kanady / The Peninsula
QINVEST, Qatar’s leading investment group, is set to reinforce its presence in Turkey. Amidst a raft of global market challenges, the prominent Qatar-based Islamic financing investment bank, is betting on Emerging Market equities, Europe and other developed markets.
QINVEST, Qatar's leading private investment group and one of the region’s most prominent Islamic financial institutions, today announcedthat it has invested in and is a shareholder in OneOcean Port Vell in Barcelona – Spain. The investment was made through its wholly-owned subsidiary BOH LLC, and was made in conjunction with an investment partner.
QINVESTwill work with the city and port authorities in Barcelona to increase the profile of the marina by investing additional resources in the port infrastructure.