On 24 November, Luxembourg for Finance, in partnership with QInvest, a leading global Islamic financing institution, hosted its first Islamic Finance Workshop in Luxembourg bringing together more than 110 local and international investment fund professionals, bankers, corporates, law firms and industry practitioners.
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial institutions globally, announces that it has been selected as ‘Sukuk Manager of the Year’ by Global Investor/ISF.
Tom Theobald, Hani Ibrahim, Dr Ataf Ahmed and Alexander Armstrong
Luxembourg for Finance and QInvest are hosting an Islamic Finance Workshop on Tuesday 24th November 2015. Luxembourg for Finance is the agency for the development of the Luxembourg financial centre. QInvest is Qatar’s leading investment group and one of the most prominent Islamic finance institutions globally.
Pramerica Real Estate Investors and QInvest, Qatar’s leading investment bank, acquired a portfolio of 16 retail properties located across Germany through a newly formed joint venture, the companies announced today. Pramerica Real Estate Investors, headquartered in the United States, is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU), and operates as Prudential Real Estate Investors in the Americas, Korea and Japan.
• Revenues up 37% to US$ 78.7 million [QAR 286.5 million], compared to US$ 57.5 million [QAR 209.2 million] in the third quarter of 2014
• Net profit increased 69% to US$ 33.8 million [QAR 123.1 million], compared to US$ 20.0 million [QAR 72.7 million] in the third quarter of 2014
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is pleased to announce the completion of its debut US$ 200 million five year syndicated facility.
The facility is in line with the bank’s funding diversification and capital efficiency plan and was arranged by QInvest’s key regional and international relationship banks, namely Masraf Al Rayan, Al Khaliji France S.A. and Natixis.
QInvest, Qatar's leading investment group and one of the most prominent Islamic financial institutions in the world, is delighted to announce that it was named the “Most Innovative Investment Bank from the Middle East” at The Banker magazine’s Investment Banking Awards 2015.
Tamim Hamad Al-Kawari, QInvest’s Chief Executive Officer, collected the award on behalf of QInvest at the awards ceremony, which was held at Claridge’s Hotel in London.
QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial groups globally, announces that it has been awarded ‘Best Investment Bank - Qatar’ in the MEA Markets Business Awards 2015.
By Daria Solovieva, Bloomberg
QInvest’s Shariah-compliant real estate fund has $15m initial assets, may grow to $100m in 12 mos, said Ataf Ahmed, head of asset management at the Doha-based investment bank, in an interview on Sept. 30.
Left: Mr. Eric Adler and Mr. Marc Halle from Pramerica, Mr. Tamim Hamad Al Kawari and Dr Ataf Ahmed from QINVEST
• Revenue for H1 2015 up 40% to US$53.7 million (QAR195.6 million), compared to US$38.3 million (QAR139 million) in H1 2014
• Net profit for the first half of 2015 up 86% to US$24.4 million (QAR88.7 million), compared to US$13 million (QAR47.6 million) in H1 2014
By Alex Armstrong, Islamic Finance News Magazine
GCC capital markets have continued to see downward pressure exerted from lower oil prices in 2015. Although oil prices have rebounded slightly since March, OPEC action has curtailed any significant upward movement driving the GCC banking sector to focus on liquidity. ALEXANDER ARMSTRONG delves further.