QInvest and Ambit launch largest Shari’ah-compliant Indian fund

QInvest, in collaboration with India’s Ambit, have announced the launch of the Ambit QInvest India Fund, an open ended Shari’ah-compliant Indian Equities Fund.
The fund offers an entry point for investors to leverage the potential for long term price appreciation underpinned by strong growth drivers in the Indian market.

QInvest Sharia'a Compliant Enhanced Yield Note oversubscribed

Qatar's investment bank, QInvest, has launched a Sharia'a Compliant Enhanced Yield Note that has been met with great enthusiasm by investors, with the bank raising significantly more than expected.
The bank is being led by Chairman H.E. Sheikh Jassim Bin Hamad Bin Jabr Al Thani, and Chief Executive Officer, Shahzad Shahbaz.
QInvest has created a world class investment banking capability operating under Sharia'a compliant structures.
QInvest's business lines include investment banking, investment management, brokerage and wealth management.

QInvest acquires a stake in India's ABECL

QInvest, Qatar's leading investment bank, has acquired a 28% stake in Asian Business Exhibition & Conferences Ltd (ABECL), India's leading exhibitions and conferences organizer.
The proceeds from the investment will be used to expand ABECL's operations in India and to establish an international presence.

QInvest buys 44% stake in 130-year old UK Panmure stockbroking firm

QInvest, trumped two other bidders to buy a 44 % stake in Panmure Gordon & Co, investing USD 36.3 mn in the 130-year-old British stockbroking firm. The deal would involve a placing of 67.5 million shares, priced at 34 pence per share a 15 % discount on Wednesday's closing price.

Panmure said the cash injection would enhance its balance sheet and give it the financial strength to grow into new business areas and locations, including the Gulf.

Qinvest set to launch USD 250 mn equity fund

QInvest will soon launch a USD 250 mn private equity fund and another sector-specific fund as well as two other funds by the third quarter of this year reported Santhosh V Perumal in Gulf Times

The Qatar Financial Centre-based firm, whose principal shareholders are Qatar Islamic Bank and Gulf Finance House, also said it would also embark on brokerage and wealth management services.

CEO is Shahzad Shahbaz.

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