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Islamic Finance Briefing - Categorized | Banking, Market Moves more

QFIB does not see JV nod before year-end

Posted on 13 September 2011

Qatar First Investment Bank (QFIB) does not expect approval for its joint venture with GulfMena Alternative Investments before the end of the year, its chief executive told Reuters.
QFIB, an Islamic investment firm, and GulfMena Alternative Investments are in the process of setting up a Shariah-compliant asset management firm. The firm, which will receive seed money from QFIB, will focus on providing exposure to Chinese, Indian and Middle Eastern markets……………………………………….Full Article: Source

 
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