24 Hrs
Source:
وكالة الأنباء القطرية
Qatar Investment Authority invests in Bank Alsha fund
The Qatar Investment Authority announced its investment in Lesha Bank's "Lesha Qatar Equity Fund" as part of the active asset management initiative launched in 2024. This initiative aims to support and develop the local economy and enhance Qatar's financial markets. This investment represents a step toward expanding partnerships with both local and international asset managers, with Lesha Bank being the first local asset manager to participate in the initiative. The fund focuses on listed, Sharia-compliant stocks traded on the Qatar Stock Exchange, with the goal of achieving capital growth and returns. It manages assets totaling approximately 15 billion Qatari rials and aspires to become a global leader in Sharia-compliant investment banking services. This investment reflects both parties' commitment to supporting and diversifying the local capital markets and contributes to the development of Qatar’s financial sector.
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