16.11.2010 - Running on faith
From Arabianbusiness.com: Fast forward to 2010, and Qatar First Investment Bank (QFIB), the first fully Sharia-compliant investment house in the Gulf state, looks to be in rude health. Posting a profit in its first full-year of operations certainly helped, and the bank is continuing to build its portfolio of offerings, qualifying for a full Islamic banking licence from the Qatar Financial Centre (QFC) in the process. In addition, QFIB has continued with further private equity transactions, having already completed a couple in the healthcare field in Turkey and Abu Dhabi. de Graffenried says that several are live, with another in Turkey, one in Saudi Arabia, and spread across various sectors..............................................Full Article: Source
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