Qatar Investment Authority invests in Bank Lesha Fund
Qatar Investment Authority announced its investment in the Lesha Qatar Equity Fund, a partnership with Bank Lasha, to enhance active asset management and support the local economy. This initiative is part of a broader effort to establish partnerships with both global and local asset managers. Bank Lasha, founded in 2008, operates in Sharia-compliant investments and aims to grow its assets, which currently amount to approximately 15 billion Qatari riyals. It is the first local asset manager to join this initiative. The fund focuses on Sharia-compliant listed stocks, aiming to stimulate economic growth and diversify Qatar’s financial markets. This collaboration underscores the commitment of local entities to developing the financial sector and supporting liquidity on the Qatar Stock Exchange.
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