QInvest, Qatar's leading private investment group and one of the region’s most prominent Islamic financial institutions, announced today its collaboration with a GCC institutional investor to create and launch the Magnolia Real Estate Fund, LLC (“the Fund” or “the Magnolia Fund”) which completed its first acquisition of an outstanding asset in Colorado, US. The acquisition was funded using an Ijarah property debt structure provided by Freddie Mac.
Press Release
QInvest, Qatar’s leading investment group, announced today that it successfully launched its QInvest SQN Income Fund (the “Fund”), with it being oversubscribed. The Fund, which is a Sharia’a compliant closed-ended fund, provides a unique opportunity for investors to access income generating assets in developed markets. It aims to pay out a net yield of 7% per annum on a monthly basis and has a targeted IRR of between 8% and 9%, with a tenure of 5 years. The Fund was launched in collaboration with SQN Capital Management, a global asset-based investor and fund manager.
QInvest, Qatar's leading investment bank and one of the region’s most prominent Islamic financing institutions announced today the acquisition of a plot of land on South Boulevard in Charlotte, North Carolina, USA, in conjunction with a GCC investor. The property, which is located in a highly sought after area of Charlotte, will be developed into an upscale 200-unit, multifamily apartment complex covering 165,000 square feet. The necessary regulatory approvals have been received and the project is already well underway, with completion expected in August 2018.
- Fund invested in a prime real-estate development in St John’s Wood, London
- Fund achieved 22% net returns to investors, surpassing initial return expectations
- Demonstrative of QInvest’s strategy to provide investors with compelling real-estate opportunities in international markets
- Record revenues and operating profit since inception
- Well-diversified revenues across multiple geographies and sectors
- Advised on several international landmark deals and transactions
- 2017 outlook is positive and a number of transactions and investments are underway
By Hani Ibrahim, Head of Debt Capital Markets at QInvest
Islamic Finance News
n the 19th October 2016, the Kingdom of Saudi Arabia (KSA) priced its inaugural international bond issuance, raising US$17.5 billion. There is no question that this was a landmark global transaction; the largest debut debt capital markets transaction, the largest emerging markets bond issue and the largest syndicated sovereign bond. However, one fact was notable only by its absence: there was no Islamic tranche as part of the issuance, unlike the recent sovereign issuance from Bahrain. So why did the KSA issue its jumbo debut issuance in a bond format and could it not also issue in a similar size and tenor in the Sukuk format? HANI IBRAHIM delves further.
QInvest, Qatar's leading private investment group and one of the world’s prominent Islamic financial institutions, today announced its results for the first nine months of 2016
QInvest, Qatar's leading private investment group and one of the world’s prominent Islamic financial institutions, today announced its results for the first half of 2016. Revenues increased to US$65.7 million
QInvest, Qatar's leading private investment group and one of the world’s prominent Islamic financial institutions, today announces a strong start to the year, with an increase of 36% revenues for the first quarter to QAR 102 million (US$ 28 million) and net profit up 34% to QAR 37 million (US$ 10 million).
QInvest L.L.C., “QInvest”, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, announces today the acquisition of ERGO Portfoy, one of the largest and fastest growing asset management companies in Turkey. Following the completion of this acquisition, QInvest Asset Management will have assets under management close to US$ 1 billion.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, is pleased to announce its support of the second Annual Autism Outreach and Training Symposium, organized by Child Development Center (CDC) in Qatar.
QInvest, Qatar's leading private investment group and one of the world’s most prominent Islamic financial institutions, announced, at its Annual General Meeting, that shareholder dividends have doubled after a record year of growth. The Bank demonstrated consistent performance throughout 2015 and recorded its highest revenue since its inception of QAR 393 million (US$ 108 million), up 32 percent, and net profit of QAR 154 million (US$ 42 million) up 76 percent.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, has provided a 5 year US$ 30 million murabaha mezzanine finance facility for Crescent Capital to fund its acquisition of a 100% stake in Akocak HPP, an operational 81 MW hydro-electric power plant in Turkey.
QInvest, Qatar's leading investment group and one of the world’s most prominent Islamic financial institutions, today announces another year of robust growth recording its highest revenue since inception of QAR 393 million (US$ 108 million) and net profit of QAR 154 million (US$ 42 million). QInvest generated consistent performance throughout 2015 despite challenging global economic conditions and regional volatility, culminating in an increase in both revenues and net profit of 32% and 76% respectively. The bank recommends doubling the dividend to shareholders for financial year 2015.
• Memorandum of Understanding offers places in the QInvest QTALENT internship program to CMU-Q students and new graduates
• QInvest professionals will make use of the executive education programs, research and strategic studies at CMU-Q