QInvest Launches Sharia Managed Account Platform

Mar 25 2013 | 8:44am ET

Qatari investment bank QInvest has launched the world's first open architecture Sharia-compliant managed account platform.

The QInvest Managed Account Platform, which allows investors to access asset classes like hedge funds and mutual funds, has launched with Eagle Capital Management, Edgewood Management and GAM. The platform's operational processes have been built in conjunction with Nomura International.

Tamim Hamad Al-Kawari, QInvest's CEO, said in a statement: "QMAP is a pioneering solution managed by professional team of experts and associated with world class groups. Fund managers, for instance, have to pass strict selection criteria covering investment processes, operational and risk controls. The first funds have been off to a strong start and are already amongst the best funds within their peer groups."

The investment bank said it will add “more funds and bespoke client investment propositions” over the coming months.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note