27 May 2014• QInvest sees exciting growth opportunities in Islamic finance sectorin Turkey
• QInvest to participate in 9thTurkish-Arab Economic Forumin Istanbul on 28th and 29th May
Doha - QInvest, Qatar's leading investment bank and one of the most prominent Islamic financial institutions in the world, sees Turkey as being a key driver is Islamic finance growth worldwide and will be exploring the opportunity at the 9th Turkish-Arab Economic Forum, takingplace in Istanbul on 28th and 29th May 2014.
QInvest'sTurkey Country Head, Can Guclu, will be apanellist at the Forum.
Can Guclu, QInvest'sTurkey Country Head and panellist at the Forum, said:
"QInvest is proud to have a strong track record in being involved with Islamic Finance in Turkey. We expect to play a major role in the increasedsharia'a-compliant finance activitiesin Turkeyby corporates and the governmentincluding growth insukuk issuance, asset management and real estate financing and advisory.This growth will be driven by the rapid increaseindemand for Islamic finance solutions we are witnessing in the country."
The Forum will be held at the Four Seasons Hotel, Bosphorus, Istanbul and gathers prime ministers, Turkish and Arab ministers, prominent business people and investment and finance leaders to discuss themacroeconomic developmentsand major investment opportunities in the two regions.
QInvest has an office in Istanbul and offers cross-border services to clients from its presence in Qatar, Turkey and Saudi Arabia.The bank has been involved in a number of high profile sukuk issuances in Turkey, including its recent role as joint lead manager for TurkiyeFinans'sUS$500millionsukukand the US$ 1.25billion Turkish sovereign sukuk.
QInvesthas also been active in other areas of Islamic finance in the country, including Murabaha, and mezzanine and equity finance. The Bank is active in the Turkish asset management industry and is in talks with a leading portfolio management company to advise on sharia'a-compliant asset management.
QInvesthas a strong track record in managing sharia'a-compliant funds viaits QInvest Managed Account Platform ("QMAP"), the world's first open architecture Islamic managed account platform. The Firmbrings best practice from the conventional fund industry to sharia'ainvestors through a range of global partnerships with managers around the world.
QInvest is Qatar's leading investment bankwith operations across the Middle East, Africa and Europe, and one of the most prominent Islamic financial institutions in the world. QInvest has built world class investment and advisory capabilities, with the highest standards of governance and transparency underpinning its client-focused approach. The firm's priority is to deliver high-value propositions, considered solutions and tangible results for its clients and shareholders.
The firm has offices in Doha, Riyadh and Istanbul, as well as affiliates in India and the UK. Its team of investment professionals is the largest in the MENA region and provides a blend of broad international experience, deep regional knowledge and unparalleled relationships in Qatar. This reach and range of skills uniquely position the firm to facilitate the flow of business between Qatar, the region and global markets, making it a key institution in Qatar's international investment plans.
QInvest's three business divisions are Asset Management, Investment Banking and Principal Investments. It has unrivalled expertise in structuring Islamic products and provides clients with Sharia'a compliant solutions quickly and competitively.
QInvest was licensed by the Qatar Financial Centre Authority in April 2007 and is authorised by the Qatar Financial Centre Regulatory Authority. QInvest's shareholders include Qatar Islamic Bank, other institutional investors, as well as high-net-worth individuals. The firm has authorized capital of US$ 1 billion and paid up capital of US$ 750 million.
For further information, please visit www.qinvest.com
Bassel Hanbali - Head of Marketing, Corporate Communications & Investor Relations
© Press Release 2014