Quantum Investment Bank Limited and Palma Capital Limited, both based in the Dubai International Financial Centre have been retained as the exclusive placement agents for the launch of a Shari’ah compliant aircraft leasing fund (ALIF Fund) to be managed by the International Airfinance Corporation (IAFC) with Airbus and the Islamic Development Bank (IDB) as anchor investors and strategic partners. With a targeted size of $5 billion from a combination of equity and debt, the fund will focus exclusively on Airbus aircraft. The objective of the Fund is to achieve a risk adjusted medium to long-term capital appreciation while generating a quarterly cash dividend to investors.