Tuesday, January 25, 2011
QInvest exclusively wins ‘Best Sharia Compliant Firm’ award
DOHA, Qatar - Sunday, January 23rd 2011 [ME NewsWire]
Qatar’s leading investment bank, QInvest, has exclusively won the prestigious award for ‘Best Sharia Compliant Firm’ at the Private Equity World Awards (PEWA) Gala Dinner in the United Arab Emirates.
QInvest’s Chief Executive Officer, Shahzad Shahbaz, said: “We arehonored that the PEWA Awards have chosen to recognize QInvest and its achievements. This award affirms the wisdom of our investment strategy that delivers value, performance to investors and innovative investment opportunities to our clients."
In winning the ‘Best Sharia Compliant Firm’ award, QInvest competed against a number of well known investment banks and financial firms in Qatar UAE, KSA, Germany, and Bahrain.
PEWA recognizes the outstanding achievements of the Middle East’s major finance houses who, like QInvest, positively contribute to the development of the region's private equity industry.
“While these awards acknowledge our past achievements, we are very focused on continuing to bring innovative solutions to the market to leverage future investment opportunities.” Shahbaz concluded.
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QInvest was licensed by the Qatar Financial Centre Authority in April 2007 and is authorised by the Qatar Financial Centre Regulatory Authority. The Bank has authorized capital of USD 1 billion and paid up capital USD 750 million.
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, with the highest standards of governance and transparency.
The QInvest shareholder structure includes Qatar Islamic Bank and other institutional investors, as well as prominent high net worth individuals from across the region. The platform offers a broad range of expertise which enables QInvest to deliver a high value service to clients, seamlessly covering advisory, financing and investment needs.
QInvest’s business lines include investment banking, investment management, brokerage and wealth management with dedicated origination and placement teams.
With over 130 staff, including 65 front office professionals, QInvest’s talented team of investment bankers brings a valuable mix of both international experience and regional knowledge, enabling the Firm to pursue opportunities across its chosen markets of the Middle East, Africa, Turkey, South Asia and South-East Asia.
Extending beyond this geographic focus, the firm also pursues opportunistic transactions globally where it identifies high value propositions for clients.
Head of Marketing & Corporate Communications