• QInvest sees exciting growth opportunities in Islamic finance sector in Turkey
• QInvest to participate in 9th Turkish-Arab Economic Forum in Istanbul on 28th and 29th May
QInvest, Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, sees Turkey as being a key driver is Islamic finance growth worldwide and will be exploring the opportunity at the 9th Turkish-Arab Economic Forum, taking place in Istanbul on 28th and 29th May 2014. QInvest’s Turkey Country Head, Can Guclu, will be a panellist at the Forum.
Can Guclu, QInvest’s Turkey Country Head and panellist at the Forum, said:
“QInvest is proud to have a strong track record in being involved with Islamic Finance in Turkey. We expect to play a major role in the increased sharia’a-compliant finance activities in Turkey by corporates and the government including growth in sukuk issuance, asset management and real estate financing and advisory. This growth will be driven by the rapid increase in demand for Islamic finance solutions we are witnessing in the country.”
The Forum will be held at the Four Seasons Hotel, Bosphorus, Istanbul and gathers prime ministers, Turkish and Arab ministers, prominent business people and investment and finance leaders to discuss the macroeconomic developments and major investment opportunities in the two regions.
QInvest has an office in Istanbul and offers cross-border services to clients from its presence in Qatar, Turkey and Saudi Arabia. The bank has been involved in a number of high profile sukuk issuances in Turkey, including its recent role as joint lead manager for Turkiye Finans’s US$ 500 million sukuk and the US$ 1.25 billion Turkish sovereign sukuk.
QInvest has also been active in other areas of Islamic finance in the country, including Murabaha, and mezzanine and equity finance. The Bank is active in the Turkish asset management industry and is in talks with a leading portfolio management company to advise on sharia’a-compliant asset management.
QInvest has a strong track record in managing sharia’a-compliant funds via its QInvest Managed Account Platform (“QMAP”), the world’s first open architecture Islamic managed account platform. The Firm brings best practice from the conventional fund industry to sharia’a investors through a range of global partnerships with managers around the world.