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Islamic Finance Briefing - Categorized | Banking, Finance, Investment, Market Moves more

New Islamic investment bank launched

Posted on 25 March 2009

From Gulf-times.com: Qatar First Investment Bank (QFIB), a new fully Shariah-compliant investment bank, was formally launched at a ceremony attended by a galaxy of dignitaries including former US president Bill Clinton at the Museum of Islamic Art last night.

QFIB is the first independent Islamic investment bank to be licensed by the Qatar Financial Centre. It has an authorised capital of QR3.6bn and aims to become one of the leading financial institutions in Islamic investment banking in Qatar and the GCC by adopting a unique business model…..Full Article: Source

 
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