QInvest, Qatar’s leading investment group and one of the most prominent Islamic financial institutions globally, announces that it has been named ‘Best Islamic Real Estate Finance Provider’ at the Global Finance World's Best Islamic Financial Institutions Awards 2015.
Press Release
• QInvest assisted the Grand Duchy of Luxembourg with raising a €200 million five-year Sukuk in its debut Euro-denominated Islamic issuance
QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions in the world, is pleased to announce it was presented with the Islamic Finance News (IFN) “Deal of the Year” Award, for its role in assisting the Grand Duchy of Luxembourg with its debut Euro-denominated Islamic issuance, helping it to raise its first €200 million five-year Sukuk.
An independent publication by Upper Reach
Qatar’s hydrocarbon-generated wealth, regulatory environment and relatively unsaturated market, has portfolio managers turning their backs on Dubai in favour of Doha, while local asset management firms continue to invest billions in Europe, the US and beyond.
By Upper Reach
Qatar’s banking sector is on a roll, with its institutions every day expanding their presence in the global financial network across the board and consolidating their business at home. Indeed, the country has the Middle East’s most competitive finance sector and its banks are leaders in annual asset growth at almost 20 per cent among financial institutions of the six fabulously wealthy Gulf Cooperation Council nations, according to the World Economic Forum.
• Revenue increased by 134% year on year, to QAR 299 million (US$82.1 million)
• Net Profit reached QAR 88 million (US$24.2 million)
• Initiated dividend of 2% per share on par value
By Mohammed Aly Sergie, Bloomberg
QInvest is starting a European fund to help Islamic finance investors tap potential growth in the region as the European Central Bank begins its bond-buying program.
QInvest, Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, announces that it is launching a sharia’a-compliant European Equities fund in partnership with Pioneer Investments, a leading global asset management firm with over US$246 billion in assets under management*. Pioneer Investments will manage the fund and act as sub advisor.
By Aparajita Mukherjee, The Edge Magazine
Throughout 2014, equity research analysts have pointed out that, compared with 2013, as an asset and investment class, equity (both primary listings and secondary trading) had picked up, both in terms of volume and numbers in the Middle East and North Africa (MENA) region.
QInvest, Qatar’s leading investment bank and one of the most prominent Islamic financial institutions in the world, won an award of Excellence for Best Islamic Financial Institution in the Middle East at London’s Islamic Real Estate & Finance Forum 2014.
QInvest’s Head of Strategic Relations, Mr Nasser Al Mahmoud, collected the award from Mr. Mushtak Parker, Editor of Islamic Banker, during the gala dinner held on the night of the 16th of December at the Jumeirah Carlton Tower, Knightsbridge, London, UK.
By Gordon Platt, Global Finance Magazine
Qatar shows no signs of slowing its investment—both internally and externally.
Shrugging off falling oil prices, Qatar is continuing to invest heavily in building up its infrastructure and likely will remain the fastest-growing economy in the region for some time to come.
Bernard Barbour, Head of Legal and Sharia’a Affairs at QInvest, a leading Investment Bank in the field of Islamic financial services, stated that Islamic Banks should include clear clauses in their contracts, as international legal cases, such as the case of Shamel Bank in Bahrain, proves the necessity of such clauses.
QInvest, Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, was named by EMEA Finance magazine as the “Best Local Investment Bank in Qatar” in the publication’s annual Middle East Banking Awards.
• QInvest’s Head of Capital Debt Markets, Hani Ibrahim, talked about Sukuk, Infrastructure and Project Finance In the GCC
Acknowledged as one of the most developed Islamic markets, Saudi Arabia is a destination that should not be overlooked, according to Islamic Finance News (IFN) Forum that kicked-off here on Monday.
Leading Qatari investment bank, QInvest expects an increase in investor appetite for Shariah compliant funds. However in spite of this optimistic view, Islamic funds and the asset management industry is still geographically confined in certain parts of the world. Speaking to Dr Ataf Ahmad, head of asset management at QInvest, NABILAH ANNUAR investigates the conundrum facing the Islamic funds sector.
- Many countries are competing to become the capital of Islamic finance, how will this growing competition impact the Islamic finance sector? and where do you see QInvest and Qatar in the competition?
We anticipate that the Islamic Finance sector will continue to grow over the coming years. With Islamic Finance becoming ever more important - on a global level and the Gulf region in particular - we anticipate there will be further innovation in Sharia compliant products and services, as corporates and sovereigns increasingly look for new ways to diversify their funding base.