Tuesday 23 November 2010

Qatar's QInvest named 'Sharia Fund of the Year' - bi-me.com

QInvest, Qatar’s leading investment bank, has won the prestigious ‘Sharia Fund of the Year’ award at the Global Investor Future of Capital Markets forum in Dubai.

Demonstrating its strong focus on product innovation, QInvest and joint venture partner ABN AMRO, (previously Fortis Bank Nederland) , won the ‘Sharia Fund of the Year’ award by successfully closing the US$75million financing for the first ever Sharia’a compliant Mezzanine Shipping Fund.

“The award expresses our commitment to contributing to the development of the Islamic financial services industry by offering innovative Sharia’a compliant investment solutions to our investors in the GCC region,” says QInvest’s CEO Shahzad Shahbaz.

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