29 June 2009
Outlook for structured Islamic investment deals has not diminished despite the global economic downturn, Bahrain-based Seera Investment Bank chief executive officer said.
Abdulla Janahi said: "Our business approach which comprises working on an equity syndication model has played a pivotal role. We are confident that with our strategy of tapping niche investment opportunities and through the business model we follow, the medium- and long-term potential for structured Islamic investment deals is actually quite good."
He said: "In a quiet time for Europe-based Islamic finance deals, this deal stood out given the fact that it was concluded when leveraged finance was going through a difficult period. This recognition is a testament to our team's contribution to the private equity marketplace."
Seera recently won accolades for its BWA acquisition as Deal of The Year 2009 by the Financial Times' The Banker.
Outlook for structured Islamic investment deals has not diminished despite the global economic downturn, Bahrain-based Seera Investment Bank chief executive officer said.
Abdulla Janahi said: "Our business approach which comprises working on an equity syndication model has played a pivotal role. We are confident that with our strategy of tapping niche investment opportunities and through the business model we follow, the medium- and long-term potential for structured Islamic investment deals is actually quite good."
He said: "In a quiet time for Europe-based Islamic finance deals, this deal stood out given the fact that it was concluded when leveraged finance was going through a difficult period. This recognition is a testament to our team's contribution to the private equity marketplace."
Seera recently won accolades for its BWA acquisition as Deal of The Year 2009 by the Financial Times' The Banker.
By Staff Writer
© Emirates Business 24/7 2009
