Qatar First Investment Bank and Gulfmena Investments Limited launch Tebyan Asset Management Limited will look to be authorised and regulated by Qatar Financial Centre Regulatory Authority.
Tebyan will mostly be based on serving Islamic institutions, family offices, large family money, UHNWIs and HNWIs whose assets are often allocated to MENA/GCC with some global investment allocations spread over different asset classes.
Haissam Arabi, Gulfmena's CEO, will run Tebyan.
Qatar Financial Centre Regulatory Authority has authorised Takaful International Company BSC ("TIC") to establish a branch within the Qatar Financial Centre.